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FORNESS FINANCIAL LLC
CRD 172473File 801-112637
APPROVED
Retail clients
Filing as of Feb 6, 2026
Feed vintage Oct 1, 2026
Regulatory AUM
$202.8M
Below cohort median (national)
Discretionary AUM
$202.8M
Clients
227
680 accounts
Employees
3
Bottom 25% of cohort in MA
Identity & registration
ADV Item 1- Organization form
- Limited Liability Company
- Firm type
- Registered
- SEC region
- BRO
- Registration date
- Mar 16, 2018
- Principal office
- 105 CHESTNUT STREET, SUITE 37, NEEDHAM, MA, 02492
- Phone
- (781) 400-2604
Assets & accounts
ADV Item 5F- Total regulatory AUM
- $202.8M
- Discretionary AUM
- $202.8M
- Non-discretionary AUM
- $0
- Discretionary accounts
- 680
- Non-discretionary accounts
- 0
- Total accounts
- 680
- AUM per client
- $893K
Clients by type
ADV Item 5D| Client type | Clients | AUM |
|---|---|---|
| High net worth individuals | 77 | $138.8M |
| Individuals (other than high net worth individuals) | 150 | $63.9M |
Compensation & activities
ADV Items 5E, 5GCompensation
- A percentage of assets under your management
Advisory activities
- Financial planning services
- Portfolio management for individuals and/or small businesses
Custody
ADV Item 9- Firm Custody Cash
- No
- Firm Custody Assets
- No
- Firm Custody Clients
- No
- Firm Custody Securities
- No
- Related Person Custody Cash
- No
- Related Person Custody Assets
- No
- Related Person Custody Clients
- No
- Related Person Custody Securities
- No
Disclosure events
ADV Item 11This firm answered no to every Item 11 disclosure question in this filing.
Filed changes
| Date | Field | From | To | Change |
|---|---|---|---|---|
| Mar 1, 2026 | AUM | $176,247,615 | $202,756,809 | increased by$26,509,194 |
| Mar 1, 2026 | Accounts | 681 | 680 | decreased by1 |
| May 1, 2025 vs Oct 1, 2022 | Clients | 232 | 227 | decreased by5 |
| May 1, 2025 vs Oct 1, 2022 | AUM | $167,000,000 | $176,247,615 | increased by$9,247,615 |
| May 1, 2025 vs Oct 1, 2022 | Accounts | 701 | 681 | decreased by20 |
| Mar 1, 2022 | Clients | 201 | 232 | increased by31 |
| Mar 1, 2022 | AUM | $150,000,000 | $167,000,000 | increased by$17,000,000 |
| Mar 1, 2022 | Accounts | 713 | 701 | decreased by12 |
| Apr 1, 2021 | Registration | — | APPROVED |
On Form 5500, an adviser usually appears as a plan service provider (Schedule C), not the plan sponsor.
See plans that list “FORNESS FINANCIAL” as a service provider on 5500mcp →Matched by name only — Form ADV and Form 5500 share no identifier, and names are searched loosely (“FORNESS FINANCIAL” may also match similarly-named firms). Confirm identity against each filing.
Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.