# Targeted Financial Services, LLC

> Targeted Financial Services, LLC is an SEC-registered investment advisory firm in Seminole, FL, registered since 2003, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 20, 2026.

- CRD: 129049
- Filed as: TARGETED FINANCIAL SERVICES, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Seminole, FL
- Filing period: October 2026
- Form ADV filing dated: March 20, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/129049
- AdvisorCensus page: https://advisorcensus.com/firm/targeted-financial-services-llc-seminole-fl-129049

## Quick answers

**How is Targeted Financial Services, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Targeted Financial Services, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**What does Targeted Financial Services, LLC's brochure say about its fees?**
Its Form ADV Part 2A brochure dated February 6, 2026 states: Asset-based fee: 0.5% to 1.5% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Targeted Financial Services, LLC located?**
Targeted Financial Services, LLC's principal office is in Seminole, FL, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Targeted Financial Services, LLC registered with the SEC or a state?**
Targeted Financial Services, LLC is an SEC-registered investment advisory firm, registered since 2003. Status as filed: Approved. CRD 129049.

**How much does Targeted Financial Services, LLC manage?**
Targeted Financial Services, LLC reports $353,427,211 in regulatory assets under management in its Form ADV filing dated March 20, 2026 (100% discretionary).

**How have Targeted Financial Services, LLC's assets and staff changed since 2021?**
In the Form ADV data for Targeted Financial Services, LLC: Regulatory assets under management: $264,404,368 in the October 2021 data and $353,427,211 in the October 2026 data, up 34%. Total employees: 3 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Targeted Financial Services, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (357); high net worth individuals (65); pension and profit sharing plans (but not the plan participants or government pension plans) (48).

**Which custodians does Targeted Financial Services, LLC use?**
Targeted Financial Services, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Brokerage Services LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Targeted Financial Services, LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/129049

**What changed in Targeted Financial Services, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 3 to 4.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated February 6, 2026)

- Asset-based fee: 0.5% to 1.5% a year (a range, as the brochure states it)

> The annual fee varies between 0.50% and 1.50%, depending upon the market value of the assets under management and the type of investment management services to be rendered.

- Minimum annual fee: None

> TFS does not impose a minimum portfolio size or minimum annual fee.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Fidelity Brokerage Services LLC

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $353,427,211
- Discretionary: $353,427,211
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 357 | $88,978,338 |
| High net worth individuals | 65 | $167,843,472 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 48 | $42,204,311 |
| Charitable organizations | 1 | $775,328 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 6 | $1,675,979 |
| Other | 24 | $51,949,783 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services

### Firm details
- Registered since: 2003 (22 years)
- Employees: 5 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, CT, FL, KY, NJ, NY, PA, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Neptune, NJ

### Websites listed on Form ADV (Item 1.I)
- targetedfinancial.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $264,404,368 | 3 | March 10, 2021 |
| October 2022 | $289,439,748 | 4 | March 16, 2022 |
| October 2023 | $254,922,234 | 4 | September 11, 2023 |
| October 2024 | $282,639,691 | 4 | September 3, 2024 |
| October 2025 | $298,462,813 | 4 | March 23, 2025 |
| October 2026 | $353,427,211 | 5 | March 20, 2026 |

Regulatory assets under management: $264,404,368 in the October 2021 data and $353,427,211 in the October 2026 data, up 34%.
Total employees: 3 in October 2021 and 5 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 3 to 4.

### March 2026
- Regulatory assets under management went from $298,462,813 to $353,427,211 (+18%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Targeted Financial Services, LLC (CRD 129049): Form ADV filing data as of October 2026.