# Warner Financial, Inc

> Warner Financial, Inc is an SEC-registered investment advisory firm in Bethesda, MD, registered since 2005, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated February 9, 2026.

- CRD: 135303
- Filed as: WARNER FINANCIAL, INC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Bethesda, MD
- Filing period: October 2026
- Form ADV filing dated: February 9, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/135303
- AdvisorCensus page: https://advisorcensus.com/firm/warner-financial-inc-bethesda-md-135303

## Quick answers

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

**Where is Warner Financial, Inc located?**
Warner Financial, Inc's principal office is in Bethesda, MD, according to its Form ADV.

**Is Warner Financial, Inc registered with the SEC or a state?**
Warner Financial, Inc is an SEC-registered investment advisory firm, registered since 2005. Status as filed: Approved. CRD 135303.

**How much does Warner Financial, Inc manage?**
Warner Financial, Inc reports $851,810,607 in regulatory assets under management in its Form ADV filing dated February 9, 2026 (99% discretionary).

**How have Warner Financial, Inc's assets and staff changed since 2021?**
In the Form ADV data for Warner Financial, Inc: Regulatory assets under management: $514,606,231 in the October 2021 data and $851,810,607 in the October 2026 data, up 66%. Total employees: 3 in October 2021 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Warner Financial, Inc serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (174); individuals (other than high net worth individuals) (82).

**Which custodians does Warner Financial, Inc use?**
Warner Financial, 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 Warner Financial, 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/135303

**Does Warner Financial, Inc state an account minimum?**
Its Form ADV Part 2A brochure dated February 9, 2026 says: "Warner Financial typically requires an initial minimum investment amount of $1,000,000 for its Asset Management Services."

**What changed in Warner Financial, Inc's recent Form ADV filings?**
In the March 2026 filing data: Regulatory assets under management went from $745,317,324 to $851,810,607 (+14%).

## 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 February 9, 2026)

- Account minimum: $1,000,000

> Warner Financial typically requires an initial minimum investment amount of $1,000,000 for its Asset Management Services.

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: $851,810,607
- Discretionary: $840,784,820
- Non-discretionary: $11,025,787

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 82 | $42,740,354 |
| High net worth individuals | 174 | $781,942,563 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $1,525,897 |
| Charitable organizations | Fewer than 5 | $25,601,793 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses

### Firm details
- Registered since: 2005 (21 years)
- Employees: 4 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, DC, FL, MD, NC, NJ, PA, TX, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- warner-financial.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $514,606,231 | 3 | April 19, 2021 |
| October 2022 | $602,826,152 | 4 | April 15, 2022 |
| October 2023 | $539,675,661 | 4 | March 23, 2023 |
| October 2024 | $627,513,588 | 4 | March 29, 2024 |
| October 2025 | $745,317,324 | 4 | March 5, 2025 |
| October 2026 | $851,810,607 | 4 | February 9, 2026 |

Regulatory assets under management: $514,606,231 in the October 2021 data and $851,810,607 in the October 2026 data, up 66%.
Total employees: 3 in October 2021 and 4 in October 2026.

## Changes in the filing (last 12 months)

### March 2026
- Regulatory assets under management went from $745,317,324 to $851,810,607 (+14%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Warner Financial, Inc (CRD 135303): Form ADV filing data as of October 2026.