{"url":"https://nivawealth.com/firms/birks-financial-118623","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/118623","regulatoryAum":290615081,"crd":"118623","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"2216533","suffix":"MR.","lastName":"BIRKS","firstName":"JAMES","middleName":"MICHAEL"},{"crd":"6758304","suffix":null,"lastName":"Birks","firstName":"James","middleName":"Douglas"},{"crd":"7698993","suffix":null,"lastName":"BIRKS STYRON","firstName":"VICTORIA","middleName":"WAY"}],"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":"2021-04-07","regulatoryAum":142400000,"clients":92,"employees":2,"offices":2},{"filedOn":"2022-03-23","regulatoryAum":177558000,"clients":103,"employees":2,"offices":2},{"filedOn":"2023-03-13","regulatoryAum":160900000,"clients":112,"employees":3,"offices":2},{"filedOn":"2024-03-07","regulatoryAum":196621617,"clients":129,"employees":3,"offices":2},{"filedOn":"2025-05-21","regulatoryAum":236316876,"clients":143,"employees":3,"offices":2},{"filedOn":"2026-06-10","regulatoryAum":290615081,"clients":159,"employees":3,"offices":2}],"secFileNumber":"801-114987","legalName":"Birks Financial Corp.","displayName":"Birks Financial","slug":"birks-financial-118623","website":"https://birksfinancial.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/birks-financial","founded":"1996","organization":"Virginia corporation","fiscalYearEnd":"December","headquarters":{"street":"431-A Carlisle Drive","city":"Herndon","state":"VA","stateName":"Virginia","country":"United States","postalCode":"20170"},"tradeNames":[],"registration":{"secApproved":"11 April 2019","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1827767.8050314465,"staff":{"employees":3,"advisory":3,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":290615081,"discretionary":0,"discretionaryAccounts":0,"nonDiscretionary":290615081,"nonDiscretionaryAccounts":628,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":76,"regulatoryAum":27271444},{"label":"High-net-worth individuals","clients":83,"regulatoryAum":263343637}],"feePrograms":[{"role":"main","program":"Retained financial planning and investment management","feeBasis":"marginal","fee_tiers":[{"to":500000,"pct":1.5,"from":0},{"to":2000000,"pct":1,"from":500000},{"to":null,"pct":0.75,"from":2000000}],"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1048060","versionId":1048060,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-06-10","documentName":"BIRK FINANCIAL ADV PART 2A","fee_rate_low":0.75,"fee_rate_high":1.5,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":"annual","fee_minimum_annual":12500},{"role":"other","program":"Financial planning","summary":"Financial plans are flat fees of $1,900 to $30,000 depending on scope, or up to $1,000 per hour; one-half of a flat fee is paid in advance.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1048060","versionId":1048060,"submittedOn":"2026-06-10","documentName":"BIRK FINANCIAL ADV PART 2A"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T12:29:21.831794+00:00","documents":[{"name":"BIRK FINANCIAL ADV PART 2A","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1048060","versionId":1048060,"submittedOn":"2026-06-10"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":290603932}],"custodyNote":"Birks Financial does not have custody of client assets.","leadership":[{"name":"James Birks","title":"Vice President","crd":"6758304"},{"name":"James Birks","title":"President/Director/CCO","crd":"2216533"},{"name":"Victoria Birks Styron","title":"Chief Operating Officer","crd":"7698993"}],"ownership":[{"label":"James Birks","detail":"President/director/cco in the 75% or more ownership band and a control person, since November 1995. Also vice president in the 10% to 25% ownership band and a control person, since January 2023."}],"filedOffices":{"otherThanPrincipal":1,"privateResidences":1},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Virginia","offices":1,"addresses":[{"street":"431-A Carlisle Drive","city":"Herndon","headquarters":true}]}],"brochureServices":["estate planning","insurance"],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"703-481-6202","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","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"101-250","assetMix":[{"label":"Exchange-traded equity securities","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":97},{"label":"Cash and cash equivalents","percent":2}],"privateFunds":0},"sources":{"adv1FilingDate":"10 June 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/118623/PDF/118623.pdf","brochureDate":"10 June 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1048060","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 Birks Financial have?","answer":"Birks Financial has 159 clients and manages $291 million for them, as of June 2026. They include 83 high-net-worth individuals and 76 individual clients.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 10 June 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Birks Financial offer?","answer":"Birks Financial provides financial planning, portfolio management for individuals and small businesses, selecting other managers, estate planning, and insurance.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Birks Financial charge?","answer":"Birks Financial charges 0.75%–1.50% a year for its Retained financial planning and investment management. Each asset band is charged at its own rate. The fee is billed in arrears, is negotiable and has a $12,500 annual minimum.","source":"BIRK FINANCIAL ADV PART 2A, filed 10 June 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Birks Financial use?","answer":"Birks Financial’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $291M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 10 June 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Birks Financial have?","answer":"Birks Financial has 3 investment adviser representatives registered with state securities authorities, out of 3 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 Birks Financial invest in?","answer":"At the end of its last fiscal year, Birks Financial’s separately managed accounts held 97% registered funds (mutual funds, ETFs, BDCs), 2% cash and equivalents and 1% exchange-traded equities.","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 Birks Financial?","answer":"Birks Financial’s direct owner is James Birks (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 10 June 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Birks Financial get paid?","answer":"Birks Financial 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":"Is Birks Financial registered with the SEC?","answer":"Yes, Birks Financial has been registered with the SEC as an investment adviser since 11 April 2019. Its CRD number is 118623 and its SEC file number is 801-114987.","source":"Form ADV Part 1A, Item 1, filed 10 June 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Birks Financial?","answer":"Birks Financial’s main office is at 431-A Carlisle Drive, Herndon, VA 20170. Its phone number is 703-481-6202. Its website is birksfinancial.com.","source":"Form ADV Part 1A, Item 1.F, filed 10 June 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."}