ACORN FINANCIAL ADVISORY SERVICES, INC.

RIASEC RegisteredEst. 2006

Total AUM

$1.4B

Discretionary

$1.2B

84% of AUM

Avg account

$306K

Accounts

4,566

Employees

Advisory reps

Firm details

Headquarters: RESTON, Virginia
CRD number: 116763
Registered since: May 1, 2006
Website: acorn-financial.com
Custodians: CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees, Other
Client types: HNWI62.29%
Individuals22.58%
Pension & Profit Sharing Plans15.13%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingSelection of Other AdvisersEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Acorn Financial Advisory Services, Inc. is an independent, SEC-registered registered investment adviser organized as a corporation and operating since 2006 under individual ownership. The firm serves both individual and family clients as well as institutional accounts and acts as a capital allocator, blending discretionary portfolio management with financial planning, pension consulting and the selection of outside advisers. Fee arrangements include percentage-of-AUM billing as well as hourly, fixed and other tailored fee structures. Acorn also runs educational seminars and workshops and lists professional relationships with accountants, law firms and pension consultants; it is a sponsor and managing member of pooled investment vehicles and sponsor of limited partnerships. The firm was recognized in 2020 on Financial Times’ Top 300 RIA Firms list and on FA Magazine’s Top RIA Firms list.