{"url":"https://nivawealth.com/firms/abens-financial-services-106604","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/106604","regulatoryAum":120118491,"crd":"106604","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"1506077","suffix":"JR","lastName":"ABENS","firstName":"ARNOLD","middleName":"DEAN"},{"crd":"6049600","suffix":null,"lastName":"ABENS","firstName":"TYLER","middleName":"CHRISTIAN"},{"crd":"6443564","suffix":null,"lastName":"Hokanson","firstName":"EMILY","middleName":"MARGARET"}],"total":3,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"secFileNumber":"801-135938","legalName":"Abens Financial Services Inc","displayName":"Abens Financial Services","slug":"abens-financial-services-106604","website":"https://abens.com/","classification":{"segment":"individuals","segmentLabel":"Wealth 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organizations","clients":5,"regulatoryAum":4072133}],"feePrograms":[{"role":"main","program":"Asset management","feeBasis":"marginal","fee_tiers":[{"to":1000000,"pct":1.5,"from":0},{"to":3000000,"pct":1.2,"from":1000000},{"to":5000000,"pct":0.8,"from":3000000},{"to":null,"pct":0.5,"from":5000000}],"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1024136","versionId":1024136,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-03-23","documentName":"ABENS FINANCIAL SERVICES FIRM BROCHURE","fee_rate_low":0.5,"fee_rate_high":1.5,"fee_negotiable":null,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T11:52:05.953631+00:00","documents":[{"name":"ABENS FINANCIAL SERVICES FIRM BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1024136","versionId":1024136,"submittedOn":"2026-03-23"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":107000000}],"custodyNote":"Abens Financial Services has custody of $55.8M for 124 clients.","otherCustodians":[],"leadership":[{"name":"Arnold Abens","title":"CEO/President","crd":"1506077"},{"name":"Jennifer Abens","title":"Owner","crd":"2418702"},{"name":"Tyler Abens","title":"CCO/CFO","crd":"6049600"}],"ownership":[{"label":"Arnold Abens","detail":"Ceo/president in the 50% to 75% ownership band and a control person, since June 1986."},{"label":"Jennifer Abens","detail":"Owner in the 50% to 75% ownership band and a control person, since June 1986."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Minnesota","offices":1,"addresses":[{"street":"4926 Lincoln Drive","city":"Edina","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"952-933-9650","stateRegisteredReps":3,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Other"],"financialPlanningClients":"1-10","assetMix":[{"label":"Exchange-traded equity securities","percent":86},{"label":"Non-exchange-traded equity securities","percent":6},{"label":"Cash and cash equivalents","percent":1},{"label":"Other","percent":7,"detail":"Private Equity/Private Notes"}],"privateFunds":0},"sources":{"adv1FilingDate":"23 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/106604/PDF/106604.pdf","brochureDate":"23 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1024136","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Abens Financial Services have?","answer":"Abens Financial Services has 98 clients and manages $120 million for them, as of March 2026. They include 52 individual clients, 41 high-net-worth individuals and 5 charitable organizations.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 23 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Abens Financial Services offer?","answer":"Abens Financial Services provides financial planning and portfolio management for individuals and small businesses.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Abens Financial Services charge?","answer":"Abens Financial Services charges 0.50%–1.50% a year for its Asset management. Each asset band is charged at its own rate. The fee is billed in advance.","source":"ABENS FINANCIAL SERVICES FIRM BROCHURE, filed 23 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Abens Financial Services use?","answer":"Abens Financial Services’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $107M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 23 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Abens Financial Services have?","answer":"Abens Financial Services has 3 investment adviser representatives registered with state securities authorities, out of 3 employees, and 3 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Abens Financial Services invest in?","answer":"At the end of its last fiscal year, Abens Financial Services’ separately managed accounts held 86% exchange-traded equities, 7% other, 6% non-exchange-traded equities and 1% cash and equivalents. The 7% other category is described as: Private Equity/Private Notes.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Abens Financial Services?","answer":"Abens Financial Services’ direct owners are Arnold Abens (50% to 75%) and Jennifer Abens (50% to 75%).","source":"Form ADV Part 1A, Schedules A and B, filed 23 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Abens Financial Services get paid?","answer":"Abens Financial Services is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Abens Financial Services?","answer":"Abens Financial Services’ main office is at 4926 Lincoln Drive, Edina, MN 55436. Its phone number is 952-933-9650. Its website is abens.com.","source":"Form ADV Part 1A, Item 1.F, filed 23 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}