Blue Chip Financial Advisors provides financial planning, portfolio management for individuals and small businesses, and educational seminars. Financial planning was provided to 26–50 clients last fiscal year.
Blue Chip Financial Advisors reports 178 clients. They include 153 individual clients and 25 high-net-worth individuals. Of its assets, 0.0% ($0 across 0 accounts) are managed with discretion; $104M across 342 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 86% | 42% |
| High-net-worth individuals | 14% | 58% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 153 | $44.2M | 42.4% | $289K |
| High-net-worth individuals | 25 | $59.9M | 57.6% | $2.4M |
| Total | 178 | $104M | 100% | $585K |
- Clients
- 153
- Regulatory AUM
- $44.2M
- AUM share
- 42.4%
- Avg. per client
- $289K
- Clients
- 25
- Regulatory AUM
- $59.9M
- AUM share
- 57.6%
- Avg. per client
- $2.4M
Total
- Clients
- 178
- Regulatory AUM
- $104M
- AUM share
- 100%
- Avg. per client
- $585K
- 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
- 26–50
Blue Chip Financial Advisors charges 0.50%–1.50% for its Assets Under Management. The brochure does not state whether the rate is annual. The fee is billed in arrears and is negotiable. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Financial Planning
- Financial planning is billed hourly, with charges not exceeding $250 per hour, agreed with the client in advance based on the complexity of the plan.
- Life Insurance on a Fee Basis
- Non-commissionable life insurance contracts are provided on a fee basis, agreed before acceptance and not exceeding $10,000.
It has 5 employees.
Leadership
Staff
- 5 employees
- 5 in advisory functions
- 3 state-registered reps
- 3 broker-dealer reps
- 3 insurance agents
Besides its headquarters, Blue Chip Financial Advisors has 4 offices, with 1 listed address in Rhode Island.
Rhode Island · 1 listed address
- 34 Hemingway Drive, East ProvidenceHQ
Contact and registration details
- Legal name
- Blue Chip Financial Advisors, LLC
- Headquarters
- 34 Hemingway Drive, East Providence, RI 02915
- Website
- Not reported
- Phone
- 401-435-4239
- SEC file
- 801-137054
- Structure
- Delaware LLC
- Fiscal year end
- December
Blue Chip Financial Advisors does not have custody of client assets.
At year end, Blue Chip Financial Advisors’ separately managed accounts were mostly in funds (68%) and stocks (21%).
What the accounts hold
- Stocks21%
- Funds68%
- Bonds1%
- Cash9%
- Other1%
- Other represents alternative investments (reits, llps)1%
How many clients does Blue Chip Financial Advisors have?
Blue Chip Financial Advisors has 178 clients and manages $104 million for them, as of August 2026. They include 153 individual clients and 25 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 19 August 2026
What services does Blue Chip Financial Advisors offer?
Blue Chip Financial Advisors provides financial planning, portfolio management for individuals and small businesses, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Blue Chip Financial Advisors charge?
Blue Chip Financial Advisors charges 0.50%–1.50% for its Assets Under Management. The brochure does not state whether the rate is annual. The fee is billed in arrears and is negotiable.
Source: BLUE CHIP FINANCIAL ADVISORS, LLC ADV PART2A, filed 10 July 2026
How many financial advisors does Blue Chip Financial Advisors have?
Blue Chip Financial Advisors has 3 investment adviser representatives registered with state securities authorities, out of 5 employees, and 5 perform investment advisory functions. 3 employees are registered representatives of a broker-dealer and 3 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 Blue Chip Financial Advisors invest in?
At the end of its last fiscal year, Blue Chip Financial Advisors’ separately managed accounts held 68% registered funds (mutual funds, ETFs, BDCs), 21% exchange-traded equities, 9% cash and equivalents, 1% U.S. government and agency bonds and 1% other. The 1% other category is described as: Other Represents Alternative Investments (Reits, LLPS).
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
How does Blue Chip Financial Advisors get paid?
Blue Chip Financial Advisors 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
Is Blue Chip Financial Advisors registered with the SEC?
Yes, Blue Chip Financial Advisors has been registered with the SEC as an investment adviser since 14 August 2026. Its CRD number is 119510 and its SEC file number is 801-137054.
Source: Form ADV Part 1A, Item 1, filed 19 August 2026; IAPD firm record
How do I contact Blue Chip Financial Advisors?
Blue Chip Financial Advisors’ main office is at 34 Hemingway Drive, East Providence, RI 02915. Its phone number is 401-435-4239.