{
  "crd_number": 331634,
  "slug": "walton-financial-birmingham-al-331634",
  "primary_business_name": "WALTON FINANCIAL",
  "legal_name": "WALTON FINANCIAL",
  "dbas": [
    "AC FINANCIAL PARTNERS"
  ],
  "city": "Birmingham",
  "state": "AL",
  "country": "United States",
  "cbsa_code": "13820",
  "metro": {
    "cbsa_code": "13820",
    "common_name": "Birmingham",
    "msa_name": "Birmingham, AL",
    "path": "/advisors/al/birmingham"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2024-06-14",
  "years_registered": 2,
  "period": "2026-10-01",
  "filing_date": "2026-06-18",
  "carried_forward": false,
  "raum_total": 182903769.0,
  "raum_discretionary": 182903769.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 7,
  "advisory_employees": 3,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 738653.0,
      "count": null,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 62740637.0,
      "count": 199
    },
    "high_net_worth_individuals": {
      "raum": 115664737.0,
      "count": 49
    },
    "corporations_other_businesses": {
      "raum": 3759742.0,
      "count": 8
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AL",
    "FL",
    "GA",
    "LA",
    "MS",
    "NC",
    "TN",
    "TX"
  ],
  "websites": [
    "https://acfinancialpartners.com",
    "https://facebook.com/WaltonFinancial",
    "https://linkedin.com/in/scottawaltonfinancial",
    "https://waltonfin.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/331634",
  "city_as_filed": "BIRMINGHAM",
  "url": "https://advisorcensus.com/firm/walton-financial-birmingham-al-331634",
  "display_name": "Walton Financial",
  "summary": "Walton Financial is an SEC-registered investment advisory firm in Birmingham, AL, registered since 2024, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated June 18, 2026.",
  "citation": "AdvisorCensus. Walton Financial (CRD 331634): 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"
  ],
  "quick_answers": [
    {
      "q": "How is Walton Financial compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Walton Financial reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "What does Walton Financial's brochure say about its fees?",
      "a": "Its Form ADV Part 2A brochure dated June 18, 2026 states: Asset-based fee: 0.1% 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."
    },
    {
      "q": "Where is Walton Financial located?",
      "a": "Walton Financial's principal office is in Birmingham, AL, according to its Form ADV; the July 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Walton Financial registered with the SEC or a state?",
      "a": "Walton Financial is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 331634."
    },
    {
      "q": "How much does Walton Financial manage?",
      "a": "Walton Financial reports $182,903,769 in regulatory assets under management in its Form ADV filing dated June 18, 2026 (100% discretionary)."
    },
    {
      "q": "How have Walton Financial's assets and staff changed since 2024?",
      "a": "In the Form ADV data for Walton Financial: Regulatory assets under management: $160,825,174 in the October 2025 data and $182,903,769 in the October 2026 data, up 14%. Total employees: 4 in October 2024 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Walton Financial serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (199); high net worth individuals (49); corporations or other businesses not listed above (8)."
    },
    {
      "q": "Which custodians does Walton Financial use?",
      "a": "Walton Financial's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists National Financial Services LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Walton Financial 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/331634"
    },
    {
      "q": "What changed in Walton Financial's recent Form ADV filings?",
      "a": "In the July 2026 filing data: Added the business name AC Financial Partners. Employees performing advisory functions went from 2 to 3. Added an office in Birmingham, AL. Registered or notice-filed in MS."
    }
  ],
  "filing_history": [
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": null,
      "total_employees": 4,
      "filing_date": "2024-05-31"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 160825174.0,
      "total_employees": 4,
      "filing_date": "2025-02-21"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 182903769.0,
      "total_employees": 7,
      "filing_date": "2026-06-18"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-07-01",
      "period_label": "July 2026",
      "notes": [
        "Added the business name AC Financial Partners.",
        "Employees performing advisory functions went from 2 to 3.",
        "Added an office in Birmingham, AL.",
        "Registered or notice-filed in MS."
      ]
    },
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Regulatory assets under management went from $160,825,174 to $182,903,769 (+14%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated June 18, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": "0.1% to 1.5% a year",
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 0.1% to 1.5% a year (a range, as the brochure states it)"
        ],
        "quotes": [
          "Annual asset management fees generally range between 0.10% and 1.5%. Your specific fee and fee structure will be listed in your client agreement."
        ]
      }
    ],
    "quotes": [
      "Annual asset management fees generally range between 0.10% and 1.5%. Your specific fee and fee structure will be listed in your client agreement."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "National Financial Services LLC",
      "name_as_filed": "NATIONAL FINANCIAL SERVICES LLC",
      "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/walton-financial-birmingham-al-331634.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 199,
      "fewer_than_5": false,
      "raum": 62740637.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 49,
      "fewer_than_5": false,
      "raum": 115664737.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": true,
      "raum": 738653.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 8,
      "fewer_than_5": false,
      "raum": 3759742.0
    }
  ],
  "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/331634",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}