# TFC Financial Management Inc

> TFC Financial Management Inc is an SEC-registered investment advisory firm in Boston, MA, registered since 1982, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 4, 2026.

- CRD: 105062
- Filed as: TFC FINANCIAL MANAGEMENT INC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Boston, MA
- Filing period: October 2026
- Form ADV filing dated: March 4, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/105062
- AdvisorCensus page: https://advisorcensus.com/firm/tfc-financial-management-inc-boston-ma-105062

## Quick answers

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

**What does TFC Financial Management Inc's brochure say about its fees?**
Its Form ADV Part 2A brochure dated March 4, 2026 states: Asset-based fee: 0.5% to 1% 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 TFC Financial Management Inc located?**
TFC Financial Management Inc's principal office is in Boston, MA, according to its Form ADV.

**Is TFC Financial Management Inc registered with the SEC or a state?**
TFC Financial Management Inc is an SEC-registered investment advisory firm, registered since 1982. Status as filed: Approved. CRD 105062.

**How much does TFC Financial Management Inc manage?**
TFC Financial Management Inc reports $1,780,827,449 in regulatory assets under management in its Form ADV filing dated March 4, 2026 (100% discretionary).

**How have TFC Financial Management Inc's assets and staff changed since 2021?**
In the Form ADV data for TFC Financial Management Inc: Regulatory assets under management: $1,206,829,172 in the October 2021 data and $1,780,827,449 in the October 2026 data, up 48%. Total employees: 20 in October 2021 and 22 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does TFC Financial Management Inc serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (302); individuals (other than high net worth individuals) (113).

**Which custodians does TFC Financial Management Inc use?**
TFC Financial Management Inc's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does TFC Financial Management Inc 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/105062

**What changed in TFC Financial Management Inc's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 10 to 12. Regulatory assets under management went from $1,537,539,892 to $1,780,827,449 (+16%). Registered or notice-filed in CO.

## 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 March 4, 2026)

- Asset-based fee: 0.5% to 1% a year (a range, as the brochure states it)

> The annual fee charged by us generally ranges from 0.50% - 1.00% of the assets under management.

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

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

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: $1,780,827,449
- Discretionary: $1,780,827,449
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 113 | $49,685,465 |
| High net worth individuals | 302 | $1,722,069,459 |
| 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) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| 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 | Fewer than 5 | $9,072,525 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)
- Other

### Firm details
- Registered since: 1982 (43 years)
- Employees: 22 total, 12 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, CO, CT, FL, IL, MA, MD, ME, NC, NH, NY, RI, TX, VA, VT
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- tfcfinancial.com
- Facebook @tfcfinancialmanagement
- LinkedIn @tfc-financial-management
- X @tfc_financial

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,206,829,172 | 20 | August 30, 2021 |
| October 2022 | $1,394,087,469 | 19 | March 9, 2022 |
| October 2023 | $1,226,534,766 | 20 | July 21, 2023 |
| October 2024 | $1,375,857,896 | 23 | April 5, 2024 |
| October 2025 | $1,537,539,892 | 23 | June 30, 2025 |
| October 2026 | $1,780,827,449 | 22 | March 4, 2026 |

Regulatory assets under management: $1,206,829,172 in the October 2021 data and $1,780,827,449 in the October 2026 data, up 48%.
Total employees: 20 in October 2021 and 22 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 10 to 12.
- Regulatory assets under management went from $1,537,539,892 to $1,780,827,449 (+16%).
- Registered or notice-filed in CO.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. TFC Financial Management Inc (CRD 105062): Form ADV filing data as of October 2026.