# Timothy Financial Counsel, Inc.

> Timothy Financial Counsel, Inc. is an SEC-registered investment advisory firm in Wheaton, IL, registered since 2022, with no regulatory assets under management reported in its Form ADV filing dated February 9, 2026.

- CRD: 123037
- Filed as: TIMOTHY FINANCIAL COUNSEL, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Wheaton, IL
- Filing period: October 2026
- Form ADV filing dated: February 9, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/123037
- AdvisorCensus page: https://advisorcensus.com/firm/timothy-financial-counsel-inc-wheaton-il-123037

## Quick answers

**How is Timothy Financial Counsel, Inc. compensated?**
On its Form ADV (Item 5.E, October 2026), Timothy Financial Counsel, Inc. reports these compensation arrangements: hourly charges; fixed fees (other than subscription fees); other.

**How much does Timothy Financial Counsel, Inc. charge?**
Its Form ADV Part 2A brochure dated February 9, 2026 states: Hourly rate: $375 an hour (regular hourly rate for Level 1-4 clients); Hourly rate: $450 an hour (clients with Hoan Taussig, Luke Lamar, Andrew Lindquist or Aaron Deeke as…); Hourly rate: $495 an hour (clients with Michael Thrasher, Jacob Frerichs, or Kara Beth Vance as their…); Hourly rate: $800 an hour (clients with Mark Berg as their primary advisor); Hourly rate: $215 an hour (assistance with implementing the advisor recommendations). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Timothy Financial Counsel, Inc. located?**
Timothy Financial Counsel, Inc.'s principal office is in Wheaton, IL, according to its Form ADV.

**Is Timothy Financial Counsel, Inc. registered with the SEC or a state?**
Timothy Financial Counsel, Inc. is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 123037.

**How have Timothy Financial Counsel, Inc.'s assets and staff changed since 2022?**
In the Form ADV data for Timothy Financial Counsel, Inc.: Total employees: 16 in October 2022 and 20 in October 2026. Assets under management move with markets as well as with clients coming and going.

**Does Timothy Financial Counsel, 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/123037

**Does Timothy Financial Counsel, Inc. state an account minimum?**
Its Form ADV Part 2A brochure dated February 9, 2026 says: "We do not require a minimum net worth or a minimum income level to be a client." "There are no minimum asset or income requirements to be a TIMOTHY client."

**What changed in Timothy Financial Counsel, Inc.'s recent Form ADV filings?**
In the March 2026 filing data: Employees performing advisory functions went from 18 to 20.

## From the Form ADV filing

### Compensation (Item 5.E)
- Hourly charges
- Fixed fees (other than subscription fees)
- Other

### Fees and minimums (Form ADV Part 2A brochure dated February 9, 2026)

- Account minimum: None

> We do not require a minimum net worth or a minimum income level to be a client.

> There are no minimum asset or income requirements to be a TIMOTHY client.

- Hourly rate: $375 an hour (regular hourly rate for Level 1-4 clients)

> As of January 1, 2025, our regular hourly rate is $375 per hour for Level 1-4 clients.

- Hourly rate: $450 an hour (clients with Hoan Taussig, Luke Lamar, Andrew Lindquist or Aaron Deeke as…)

> Hoan Taussig, Luke Lamar, Andrew Lindquist or Aaron Deeke clients can be charged a rate up to $450 per hour;

- Hourly rate: $495 an hour (clients with Michael Thrasher, Jacob Frerichs, or Kara Beth Vance as their…)

> Michael Thrasher, Jacob Frerichs, or Kara Beth Vance clients can be charged a rate up to $495 per hour;

- Hourly rate: $800 an hour (clients with Mark Berg as their primary advisor)

> Mark Berg clients are charged at his rate of $800 per hour.

- Hourly rate: $215 an hour (assistance with implementing the advisor recommendations)

> Timothy Financial offers a reduced rate of $215 per hour when clients engage our Client Service Team to assist them in implementing the advisor recommendations.

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

### Advisory services (Item 5.G)
- Financial planning services

### Firm details
- Registered since: 2022 (4 years)
- Employees: 20 total, 20 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, CO, FL, GA, HI, IL, IN, LA, MA, MD, MI, MN, MO, NC, NE, NJ, NY, OH, PA, TN, TX, VA, WA, WI
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- timothyfinancial.com
- LinkedIn @TIMOTHY-FINANCIAL-COUNSEL-INC-

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | Not reported | 16 | July 1, 2022 |
| October 2023 | Not reported | 17 | September 5, 2023 |
| October 2024 | Not reported | 17 | July 25, 2024 |
| October 2025 | Not reported | 18 | May 8, 2025 |
| October 2026 | Not reported | 20 | February 9, 2026 |

Total employees: 16 in October 2022 and 20 in October 2026.

## Changes in the filing (last 12 months)

### March 2026
- Employees performing advisory functions went from 18 to 20.

### December 2025
- Registered or notice-filed in MD, PA, WA.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Timothy Financial Counsel, Inc. (CRD 123037): Form ADV filing data as of October 2026.