Afton Advisors provides financial planning, portfolio management for individuals and small businesses, and selecting other managers. Financial planning was provided to 51–100 clients last fiscal year.
Afton Advisors reports 177 clients. They include 137 individual clients and 40 high-net-worth individuals. Of its assets, 100.0% ($109M across 336 accounts) are managed with discretion. It advised 5 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 77% | 56% |
| High-net-worth individuals | 23% | 44% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 137 | $60.8M | 55.6% | $443K |
| High-net-worth individuals | 40 | $48.6M | 44.4% | $1.21M |
| Total | 177 | $109M | 100% | $618K |
- Clients
- 137
- Regulatory AUM
- $60.8M
- AUM share
- 55.6%
- Avg. per client
- $443K
- Clients
- 40
- Regulatory AUM
- $48.6M
- AUM share
- 44.4%
- Avg. per client
- $1.21M
Total
- Clients
- 177
- Regulatory AUM
- $109M
- AUM share
- 100%
- Avg. per client
- $618K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 5
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 51–100
Afton Advisors is paid through a percentage of assets under management and fixed fees (other than subscription fees). The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Combined financial planning and investment management
- Annual flat fee of $8,000, paid quarterly in arrears; may be reduced where the firm does not manage the account directly.
- Project-based financial planning
- Comprehensive plan billed at a flat $3,000, half up front; review sessions billed at $900 per engagement in arrears.
Robert Delucas owns 75% or more of Afton Advisors. It has 2 employees.
Staff
- 2 employees
- 2 in advisory functions
- 2 state-registered reps
- Owns 75% or more of Afton Advisors, LLC
Robert Delucas
Control person · since January 2019
Besides its headquarters, Afton Advisors has 2 offices, with 3 listed addresses in 1 state.
Tennessee · 2 listed addresses
- 9005 Overlook BLVD., Brentwood
- 1831 12th Ave. South, Nashville
Choose a state to see its listed addresses.
Contact and registration details
- Legal name
- Afton Advisors, LLC
- Headquarters
- Not reported
- Website
- aftonadvisors.com
- Phone
- 615-482-1599
- @aftonadvisors
- SEC file
- 801-135419
- Structure
- Tennessee LLC
- Fiscal year end
- December
Afton Advisors’ named custodian for separately managed accounts is Charles Schwab ($105M). Afton Advisors has custody of $18.2M for 22 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $105M100%
At year end, Afton Advisors’ separately managed accounts were mostly in funds (75%) and bonds (12%).
What the accounts hold
- Stocks8%
- Funds75%
- Bonds12%
- U.S. government and agency bonds7%
- State and local bonds4%
- Investment grade corporate bonds1%
- Cash5%
How many clients does Afton Advisors have?
Afton Advisors has 177 clients and manages $109 million for them, as of January 2026. They include 137 individual clients and 40 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 27 January 2026
What services does Afton Advisors offer?
Afton Advisors provides financial planning, portfolio management for individuals and small businesses, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Afton Advisors use?
Afton Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $105M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 27 January 2026
How many financial advisors does Afton Advisors have?
Afton Advisors has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Afton Advisors invest in?
At the end of its last fiscal year, Afton Advisors’ separately managed accounts held 75% registered funds (mutual funds, ETFs, BDCs), 8% exchange-traded equities, 7% U.S. government and agency bonds, 5% cash and equivalents, 4% state and local bonds and 1% investment grade corporate bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Afton Advisors?
Afton Advisors’ direct owner is Robert Delucas (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 27 January 2026
How does Afton Advisors get paid?
Afton Advisors is paid through a percentage of assets under management 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
How do I contact Afton Advisors?
Its phone number is 615-482-1599. Its website is aftonadvisors.com.
