{
  "crd_number": 165976,
  "slug": "vest-financial-llc-mclean-va-165976",
  "primary_business_name": "VEST FINANCIAL LLC",
  "legal_name": "VEST FINANCIAL LLC",
  "dbas": [],
  "city": "McLean",
  "state": "VA",
  "country": "United States",
  "cbsa_code": "47900",
  "metro": {
    "cbsa_code": "47900",
    "common_name": "Washington",
    "msa_name": "Washington-Arlington-Alexandria, DC-VA-MD-WV",
    "path": "/advisors/dc/washington"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2013-01-03",
  "years_registered": 13,
  "period": "2026-10-01",
  "filing_date": "2026-06-12",
  "carried_forward": false,
  "raum_total": 51808987927.0,
  "raum_discretionary": 51808987927.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 52,
  "advisory_employees": 12,
  "client_count_bucket": null,
  "clients_by_type": {
    "investment_companies": {
      "raum": 51358677067.0,
      "count": 154
    },
    "pooled_investment_vehicles": {
      "raum": 450310860.0,
      "count": 26
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "other",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_investment_companies",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 3,
  "states_registered": [
    "AK",
    "AL",
    "AR",
    "AZ",
    "CA",
    "CO",
    "CT",
    "DC",
    "DE",
    "FL",
    "GA",
    "HI",
    "IA",
    "ID",
    "IL",
    "IN",
    "KS",
    "KY",
    "LA",
    "MA",
    "MD",
    "ME",
    "MI",
    "MN",
    "MO",
    "MS",
    "MT",
    "NC",
    "ND",
    "NE",
    "NH",
    "NJ",
    "NV",
    "NY",
    "OH",
    "OK",
    "OR",
    "PA",
    "RI",
    "SC",
    "SD",
    "TN",
    "TX",
    "UT",
    "VA",
    "VT",
    "WA",
    "WI",
    "WV",
    "WY"
  ],
  "websites": [
    "https://linkedin.com/COMPANY/VEST-FINANCIAL",
    "https://stories.vestfin.com",
    "https://syntheticborrow.vestfin.com",
    "https://vestfin.com",
    "https://vestfin.com/Mutual-Funds",
    "https://vestfin.com/etf",
    "https://x.com/vestfinancial",
    "https://youtube.com/channel/UCu2rwA5UKw75qZtk7xrhp3A"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/165976",
  "disclosure_items": [
    {
      "item": "11.C(2)",
      "question": "Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?"
    },
    {
      "item": "11.C(5)",
      "question": "Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?"
    },
    {
      "item": "11.E(2)",
      "question": "Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?"
    }
  ],
  "city_as_filed": "MCLEAN",
  "url": "https://advisorcensus.com/firm/vest-financial-llc-mclean-va-165976",
  "display_name": "Vest Financial LLC",
  "summary": "Vest Financial LLC is an SEC-registered investment advisory firm in McLean, VA, registered since 2013, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated June 12, 2026.",
  "citation": "AdvisorCensus. Vest Financial LLC (CRD 165976): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for investment companies (and business development companies)",
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Vest Financial LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Vest Financial LLC reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Vest Financial LLC located?",
      "a": "Vest Financial LLC's principal office is in McLean, VA, according to its Form ADV."
    },
    {
      "q": "Is Vest Financial LLC registered with the SEC or a state?",
      "a": "Vest Financial LLC is an SEC-registered investment advisory firm, registered since 2013. Status as filed: Approved. CRD 165976."
    },
    {
      "q": "How much does Vest Financial LLC manage?",
      "a": "Vest Financial LLC reports $51,808,987,927 in regulatory assets under management in its Form ADV filing dated June 12, 2026 (100% discretionary)."
    },
    {
      "q": "How have Vest Financial LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Vest Financial LLC: Regulatory assets under management: $2,420,827,943 in the October 2021 data and $51,808,987,927 in the October 2026 data, up 2040%. Total employees: 15 in October 2021 and 52 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Vest Financial LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: investment companies (154); pooled investment vehicles (other than investment companies and business development companies) (26)."
    },
    {
      "q": "Does Vest Financial LLC report any disciplinary disclosures?",
      "a": "Reports 3 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation), 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order), and 11.E(2) (self-regulatory organization's finding of a rule violation). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/165976"
    },
    {
      "q": "What changed in Vest Financial LLC's recent Form ADV filings?",
      "a": "In the July 2026 filing data: Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 2420827943.0,
      "total_employees": 15,
      "filing_date": "2021-06-01"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 7541312789.0,
      "total_employees": 18,
      "filing_date": "2022-09-08"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 10055664605.0,
      "total_employees": 20,
      "filing_date": "2023-09-27"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 24381015458.0,
      "total_employees": 27,
      "filing_date": "2024-09-24"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 39304330239.0,
      "total_employees": 43,
      "filing_date": "2025-05-27"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 51808987927.0,
      "total_employees": 52,
      "filing_date": "2026-06-12"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-07-01",
      "period_label": "July 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $39,304,330,239 to $51,808,987,927 (+32%).",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-02-01",
      "period_label": "February 2026",
      "notes": [
        "Registered or notice-filed in AK, AL, AR, CT, DC, DE, FL, GA, HI, IA, ID, IN, KS, KY, LA, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NV, NY, OH, OK, OR, PA, RI, SD, TX, UT, VT, WA, WI, WV, WY."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Registered or notice-filed in TN."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/vest-financial-llc-mclean-va-165976.md",
  "clients": [
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 154,
      "fewer_than_5": false,
      "raum": 51358677067.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 26,
      "fewer_than_5": false,
      "raum": 450310860.0
    }
  ],
  "disclosure_line": "Reports 3 disclosure items on Form ADV Item 11.",
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/165976",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}