Acorn Financial Advisory Services, Inc.

RIASEC Registered

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, privately owned registered investment adviser that has been SEC-registered since 2006. The firm positions itself as a capital allocator for both high-net-worth individuals and institutional clients, offering a mix of financial planning, portfolio management for individuals, small businesses and institutions, selection of sub‑advisers, and educational seminars. Its fee arrangements are flexible and include percentage-of-AUM billing as well as hourly and fixed-fee engagements. Acorn does not emphasize ESG investing in its profiles. The firm received recognition in 2020, appearing on the Financial Times Top 300 RIA Firms list and on a Top RIA Firms list published by Financial Advisor Magazine that year.