{"url":"https://nivawealth.com/firms/b-a-roberts-financial-services-289856","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/289856","regulatoryAum":373879035,"crd":"289856","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"6083485","suffix":null,"lastName":"Kinonen","firstName":"JESSICA","middleName":"FRANCES"},{"crd":"2345101","suffix":null,"lastName":"ROBERTS","firstName":"BRUCE","middleName":"ALLAN"},{"crd":"7843522","suffix":null,"lastName":"Van De Kreeke","firstName":"Allen","middleName":null}],"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"},"history":[{"filedOn":"2021-02-17","regulatoryAum":427000000,"clients":1556,"employees":11,"offices":1},{"filedOn":"2022-02-16","regulatoryAum":510000000,"clients":1766,"employees":11,"offices":1},{"filedOn":"2023-03-10","regulatoryAum":475000000,"clients":1856,"employees":12,"offices":1},{"filedOn":"2024-04-05","regulatoryAum":566750000,"clients":2083,"employees":12,"offices":1},{"filedOn":"2025-07-24","regulatoryAum":630429577,"clients":1439,"employees":8,"offices":1},{"filedOn":"2026-03-25","regulatoryAum":373879035,"clients":1344,"employees":8,"offices":1}],"secFileNumber":"801-112254","legalName":"B.a. Roberts Financial Services, Inc.","displayName":"B.a. Roberts Financial Services","slug":"b-a-roberts-financial-services-289856","website":null,"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Michigan corporation","fiscalYearEnd":"December","headquarters":{"street":"989 West Washington Street, Suite 101","city":"Marquette","state":"MI","stateName":"Michigan","country":"United States","postalCode":"49855"},"tradeNames":["Roberts Financial Services, Inc."],"registration":{"secApproved":"2 January 2018","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":268921.8087797619,"staff":{"employees":8,"advisory":3,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":373879035,"discretionary":346141631,"discretionaryAccounts":1578,"nonDiscretionary":27737404,"nonDiscretionaryAccounts":5,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":1210,"regulatoryAum":85307910},{"label":"High-net-worth individuals","clients":134,"regulatoryAum":276123001},{"label":"Pension and profit-sharing plans","clients":null,"fewerThan5":true,"regulatoryAum":11694231},{"label":"Charitable organizations","clients":null,"fewerThan5":true,"regulatoryAum":753893}],"feePrograms":[{"role":"main","program":"Investment Advisory Services","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1007543","versionId":1007543,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-02-09","documentName":"ROBERTS FINANCIAL DISCLOSURE BROCHURE & SUPPLEMENTS","fee_rate_low":0.1,"fee_rate_high":1.15,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Financial Planning and Consulting","summary":"Hourly rate of up to $250 per hour, or a fixed fee engagement; up to 50% of the fee is invoiced on signing.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1007543","versionId":1007543,"submittedOn":"2026-02-09","documentName":"ROBERTS FINANCIAL DISCLOSURE BROCHURE & SUPPLEMENTS"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T07:26:03.922379+00:00","documents":[{"name":"ROBERTS FINANCIAL DISCLOSURE BROCHURE & SUPPLEMENTS","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1007543","versionId":1007543,"submittedOn":"2026-02-09"}]},"custodians":[{"name":"Fidelity Brokerage Services LLC","shortName":"Fidelity","location":"Omaha, NE","smaAssets":345858922}],"custodyNote":"B.a. Roberts Financial Services has custody of $102M in client assets for 325 clients.","otherCustodians":[],"leadership":[{"name":"Bruce Roberts","title":"Principal and Chief Compliance Officer","crd":"2345101"},{"name":"Stefany Carrick","title":"Chief of Staff","crd":"5956808"}],"ownership":[{"label":"Bruce Roberts","detail":"Principal and chief compliance officer in the 75% or more ownership band and a control person, since October 2017."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Michigan","offices":1,"addresses":[{"street":"989 West Washington Street, Suite 101","city":"Marquette","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"906-228-5564","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","Pension consulting services","Selection of other advisers (including private fund managers)","Other"],"financialPlanningClients":"500","assetMix":[{"label":"Exchange-traded equity securities","percent":91},{"label":"U.S. government/agency bonds","percent":1},{"label":"U.S. state and local bonds","percent":1},{"label":"Investment grade corporate bonds","percent":1},{"label":"Non-investment grade corporate bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":2},{"label":"Cash and cash equivalents","percent":3}],"privateFunds":0},"sources":{"adv1FilingDate":"25 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/289856/PDF/289856.pdf","brochureDate":"9 February 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1007543","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 B.a. Roberts Financial Services have?","answer":"B.a. Roberts Financial Services has 1,344 clients and manages $374 million for them, as of March 2026. They include 1,210 individual clients and 134 high-net-worth individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 25 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does B.a. Roberts Financial Services offer?","answer":"B.a. Roberts Financial Services provides financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other managers.","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 B.a. Roberts Financial Services charge?","answer":"B.a. Roberts Financial Services charges 0.10%–1.15% a year for its Investment Advisory Services. The fee is billed in advance and is negotiable.","source":"ROBERTS FINANCIAL DISCLOSURE BROCHURE & SUPPLEMENTS, filed 9 February 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does B.a. Roberts Financial Services use?","answer":"B.a. Roberts Financial Services’ separately managed account assets are held at Fidelity Brokerage Services LLC (Omaha, NE), with $346M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 25 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does B.a. Roberts Financial Services have?","answer":"B.a. Roberts Financial Services has 3 investment adviser representatives registered with state securities authorities, out of 8 employees, and 3 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does B.a. Roberts Financial Services invest in?","answer":"At the end of its last fiscal year, B.a. Roberts Financial Services’ separately managed accounts held 91% exchange-traded equities, 3% cash and equivalents, 2% registered funds (mutual funds, ETFs, BDCs), 1% U.S. government and agency bonds, 1% state and local bonds, 1% investment grade corporate bonds and 1% high-yield corporate bonds.","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 B.a. Roberts Financial Services?","answer":"B.a. Roberts Financial Services’ direct owner is Bruce Roberts (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 25 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does B.a. Roberts Financial Services get paid?","answer":"B.a. Roberts 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 B.a. Roberts Financial Services?","answer":"B.a. Roberts Financial Services’ main office is at 989 West Washington Street, Suite 101, Marquette, MI 49855. Its phone number is 906-228-5564.","source":"Form ADV Part 1A, Item 1.F, filed 25 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."}