Blackston'S Financial Advisory Group provides financial planning, portfolio management for individuals and small businesses, and selecting other managers. Financial planning was provided to 1,000 clients last fiscal year.
Blackston'S Financial Advisory Group reports 947 clients. They include 877 individual clients, 63 high-net-worth individuals, and 6 pension and profit-sharing plans. Of its assets, 100.0% ($333M across 1,832 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 93% | 64% |
| High-net-worth individuals | 7% | 35% |
| Pension and profit-sharing plans | <1% | <1% |
| Corporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 877 | $214M | 64.4% | $244K |
| High-net-worth individuals | 63 | $118M | 35.5% | $1.87M |
| Pension and profit-sharing plans | 6 | $339K | 0.1% | $56.5K |
| Corporations and other businesses | 1 | $29.8K | 0.0% | $29.8K |
| Total | 947 | $333M | 100% | $351K |
- Clients
- 877
- Regulatory AUM
- $214M
- AUM share
- 64.4%
- Avg. per client
- $244K
- Clients
- 63
- Regulatory AUM
- $118M
- AUM share
- 35.5%
- Avg. per client
- $1.87M
- Clients
- 6
- Regulatory AUM
- $339K
- AUM share
- 0.1%
- Avg. per client
- $56.5K
- Clients
- 1
- Regulatory AUM
- $29.8K
- AUM share
- 0.0%
- Avg. per client
- $29.8K
Total
- Clients
- 947
- Regulatory AUM
- $333M
- AUM share
- 100%
- Avg. per client
- $351K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1000
Blackston'S Financial Advisory Group charges 0.50%–1.50% a year for its Portfolio Management Fees. The fee is billed in arrears and is negotiable.
Fee details and sources
David Blackston owns 50% to 75% of Blackston'S Financial Advisory Group. The leadership team of Blackston'S Financial Advisory Group includes Chief Operating Officer Richard Blackston. It has 17 employees, 7 of them in advisory roles.
Staff
- 17 employees
- 7 in advisory functions
- 7 state-registered reps
- 8 insurance agents
- Owns 50% to 75% of Blackston'S Financial Advisory Group, LLC
David Blackston
Control person · since July 2012
- Owns 10% to 25% of Blackston'S Financial Advisory Group, LLC
Richard Blackston
Control person · since July 2012
- Owns 10% to 25% of Blackston'S Financial Advisory Group, LLC
Andrea Blackston
Control person · since July 2012
Blackston'S Financial Advisory Group’s regulatory assets grew 2.0× from $167M (February 2021) to $333M (March 2026); clients were 947 in both filings and employees rose from 5 to 17.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $333M | 947 | 17 | 2 |
| Mar 2025March 2025 | $301M | 1,012 | 17 | 2 |
| Jun 2024June 2024 | $252M | 1,194 | 17 | 3 |
| May 2023May 2023 | $207M | 1,193 | 13 | 3 |
| Apr 2022April 2022 | $224M | 1,073 | 5 | 3 |
| Feb 2021February 2021 | $167M | 948 | 5 | 3 |
Besides its headquarters, Blackston'S Financial Advisory Group has 1 office, with 2 listed addresses in 1 state.
Florida · 2 listed addresses
- 8564 E. County Road 466, Suite 302, The VillagesHQ
- 1502 N. Donnelly St, Mount Dora
Contact and registration details
- Legal name
- Blackston'S Financial Advisory Group, LLC
- Headquarters
- 8564 E. County Road 466, Suite 302, The Villages, FL 32162
- Website
- blackstonfinancialgroup.com
- Phone
- 352-633-9046
- SEC file
- 801-112486
- Structure
- Florida LLC
- Fiscal year end
- December
Blackston'S Financial Advisory Group’s named custodian for separately managed accounts is Charles Schwab ($333M). Blackston'S Financial Advisory Group has custody of $167M for 999 clients.
- Charles SchwabCharles Schwab & Co., Inc. · El Paso, TX · $333M100%
At year end, Blackston'S Financial Advisory Group’s separately managed accounts were mostly in funds (62%) and stocks (30%). Its reported 13F holdings for the quarter ended 30 June 2026 total $177M across 106 positions; the largest are Vanguard Index Fds (11.0%), Vanguard World FD (10.7%) and Vanguard Index Fds (7.8%).
What the accounts hold
- Stocks30%
- Funds62%
- Registered funds61%
- Pooled vehicles1%
- Cash8%
How many clients does Blackston'S Financial Advisory Group have?
Blackston'S Financial Advisory Group has 947 clients and manages $333 million for them, as of March 2026. They include 877 individual clients, 63 high-net-worth individuals, and 6 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026
What services does Blackston'S Financial Advisory Group offer?
Blackston'S Financial Advisory Group 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
How much does Blackston'S Financial Advisory Group charge?
Blackston'S Financial Advisory Group charges 0.50%–1.50% a year for its Portfolio Management Fees. The fee is billed in arrears and is negotiable.
Source: ADV PART 2A BLACKSTON FINANCIAL ADVISORY GROUP, filed 31 March 2026
Which custodians does Blackston'S Financial Advisory Group use?
Blackston'S Financial Advisory Group’s separately managed account assets are held at Charles Schwab & Co., Inc. (El Paso, TX), with $333M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 March 2026
How many financial advisors does Blackston'S Financial Advisory Group have?
Blackston'S Financial Advisory Group has 7 investment adviser representatives registered with state securities authorities, out of 17 employees, and 7 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 8 employees are 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 Blackston'S Financial Advisory Group invest in?
At the end of its last fiscal year, Blackston'S Financial Advisory Group’s separately managed accounts held 61% registered funds (mutual funds, ETFs, BDCs), 30% exchange-traded equities, 8% cash and equivalents and 1% pooled vehicles (private funds and similar).
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Blackston'S Financial Advisory Group?
Blackston'S Financial Advisory Group’s direct owners are David Blackston (50% to 75%), Richard Blackston (10% to 25%) and Andrea Blackston (10% to 25%).
Source: Form ADV Part 1A, Schedules A and B, filed 31 March 2026
How does Blackston'S Financial Advisory Group get paid?
Blackston'S Financial Advisory Group is paid through a percentage of assets under management. 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 Blackston'S Financial Advisory Group?
Blackston'S Financial Advisory Group’s main office is at 8564 E. County Road 466, Suite 302, The Villages, FL 32162. Its phone number is 352-633-9046. Its website is blackstonfinancialgroup.com.