{
  "crd_number": 323365,
  "slug": "virtus-financial-partners-323365",
  "primary_business_name": "VIRTUS FINANCIAL PARTNERS",
  "legal_name": "VIRTUS FINANCIAL PARTNERS, LLC",
  "dbas": [],
  "city": null,
  "state": null,
  "country": null,
  "cbsa_code": null,
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2022-11-30",
  "years_registered": 3,
  "period": "2026-10-01",
  "filing_date": "2026-09-23",
  "carried_forward": false,
  "raum_total": 152530132.0,
  "raum_discretionary": 111539728.0,
  "raum_non_discretionary": 40990404.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 6,
  "advisory_employees": 3,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 66905325.0,
      "count": 491
    },
    "pension_profit_sharing": {
      "raum": 40990404.0,
      "count": 73
    },
    "high_net_worth_individuals": {
      "raum": 44634403.0,
      "count": 111
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "educational_seminars",
    "financial_planning",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AR",
    "AZ",
    "CA",
    "CO",
    "FL",
    "GA",
    "IL",
    "IN",
    "KS",
    "LA",
    "MD",
    "ME",
    "MI",
    "MN",
    "MO",
    "NC",
    "NE",
    "OK",
    "PA",
    "SC",
    "TN",
    "TX",
    "UT",
    "VA",
    "WI"
  ],
  "websites": [
    "https://401kfordentists.com",
    "https://facebook.com/VirtusFinancial",
    "https://instagram.com/virtusfinancial",
    "https://virtusfinancialpartners.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/323365",
  "city_as_filed": null,
  "url": "https://advisorcensus.com/firm/virtus-financial-partners-323365",
  "display_name": "Virtus Financial Partners",
  "summary": "Virtus Financial Partners is an SEC-registered investment advisory firm, registered since 2022, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated September 23, 2026.",
  "citation": "AdvisorCensus. Virtus Financial Partners (CRD 323365): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Selection of other advisers (including private fund managers)",
    "Educational seminars/workshops"
  ],
  "quick_answers": [
    {
      "q": "How is Virtus Financial Partners compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Virtus Financial Partners reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Virtus Financial Partners charge?",
      "a": "Its Form ADV Part 2A brochure dated August 20, 2026 states: Subscription: $200 a month (Financial Planning services); Hourly rate: $500 an hour (planning arrangement); Subscription: $59 a month (planning service for new college graduates). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Is Virtus Financial Partners registered with the SEC or a state?",
      "a": "Virtus Financial Partners is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 323365."
    },
    {
      "q": "How much does Virtus Financial Partners manage?",
      "a": "Virtus Financial Partners reports $152,530,132 in regulatory assets under management in its Form ADV filing dated September 23, 2026 (73% discretionary)."
    },
    {
      "q": "How have Virtus Financial Partners' assets and staff changed since 2023?",
      "a": "In the Form ADV data for Virtus Financial Partners: Regulatory assets under management: $56,706,000 in the October 2023 data and $152,530,132 in the October 2026 data, up 169%. Total employees: 4 in October 2023 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Virtus Financial Partners serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (491); high net worth individuals (111); pension and profit sharing plans (but not the plan participants or government pension plans) (73)."
    },
    {
      "q": "Which custodians does Virtus Financial Partners use?",
      "a": "Virtus Financial Partners' 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."
    },
    {
      "q": "Does Virtus Financial Partners report any disciplinary disclosures?",
      "a": "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/323365"
    },
    {
      "q": "What changed in Virtus Financial Partners' recent Form ADV filings?",
      "a": "In the October 2026 filing data: Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 56706000.0,
      "total_employees": 4,
      "filing_date": "2023-10-04"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 77647000.0,
      "total_employees": 6,
      "filing_date": "2024-09-24"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 112886000.0,
      "total_employees": 6,
      "filing_date": "2025-02-20"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 152530132.0,
      "total_employees": 6,
      "filing_date": "2026-09-23"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-10-01",
      "period_label": "October 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-08-01",
      "period_label": "August 2026",
      "notes": [
        "Registered or notice-filed in MI."
      ]
    },
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Regulatory assets under management went from $112,886,000 to $152,530,132 (+35%)."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Registered or notice-filed in ME."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated August 20, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Subscription: $200 a month (Financial Planning services)",
      "Hourly rate: $500 an hour (planning arrangement)",
      "Subscription: $59 a month (planning service for new college graduates)"
    ],
    "figures": [
      {
        "label": "Planning fee",
        "statements": [
          "Subscription: $200 a month (Financial Planning services)"
        ],
        "quotes": [
          "Monthly fees are tiered at $200 per month, per month, or per month and are charged in advance."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $500 an hour (planning arrangement)"
        ],
        "quotes": [
          "The hourly fee is negotiable, but in no event will exceed $500 per hour, contingent upon how many times Adviser and Client meet per year and complexity of the plan."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Subscription: $59 a month (planning service for new college graduates)"
        ],
        "quotes": [
          "VFP also provides a planning service for new college graduates for a $59 monthly fee for the first 18 months"
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "subscription",
          "amount": 200.0,
          "min": null,
          "max": null,
          "period": "monthly",
          "service": "Financial Planning services"
        },
        {
          "kind": "hourly",
          "amount": 500.0,
          "min": null,
          "max": null,
          "period": "hour",
          "service": "planning arrangement"
        },
        {
          "kind": "subscription",
          "amount": 59.0,
          "min": null,
          "max": null,
          "period": "monthly",
          "service": "planning service for new college graduates"
        }
      ]
    },
    "quotes": [
      "Monthly fees are tiered at $200 per month, per month, or per month and are charged in advance.",
      "The hourly fee is negotiable, but in no event will exceed $500 per hour, contingent upon how many times Adviser and Client meet per year and complexity of the plan.",
      "VFP also provides a planning service for new college graduates for a $59 monthly fee for the first 18 months"
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/virtus-financial-partners-323365.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 491,
      "fewer_than_5": false,
      "raum": 66905325.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 111,
      "fewer_than_5": false,
      "raum": 44634403.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 73,
      "fewer_than_5": false,
      "raum": 40990404.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "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/323365",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}