{"url":"https://nivawealth.com/firms/bluestone-financial-advisors-146946","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/146946","regulatoryAum":207283310,"crd":"146946","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"7006127","suffix":null,"lastName":"BECKWITH","firstName":"RYAN","middleName":"ALEXANDER"},{"crd":"5348395","suffix":null,"lastName":"COSGROVE","firstName":"ANDREW","middleName":"SCOTT"}],"total":2,"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":"2022-04-04","regulatoryAum":115054273,"clients":49,"employees":3,"offices":2},{"filedOn":"2023-03-30","regulatoryAum":100279787,"clients":43,"employees":4,"offices":2},{"filedOn":"2024-03-20","regulatoryAum":146446558,"clients":39,"employees":3,"offices":3},{"filedOn":"2025-06-10","regulatoryAum":176485448,"clients":50,"employees":3,"offices":3},{"filedOn":"2026-02-13","regulatoryAum":207283310,"clients":50,"employees":3,"offices":3}],"acquisitions":[{"date":"2018-06-02","datePrecision":"day","name":"Zeno Consulting Group","crd":"152995","source":"adv_w","dealType":"acquisition","sellerAum":null,"sellerAumDate":null,"sourceUrl":"https://adviserinfo.sec.gov/firm/summary/152995"}],"secFileNumber":"801-124948","legalName":"Bluestone Financial Advisors, LLC","displayName":"Bluestone Financial Advisors","slug":"bluestone-financial-advisors-146946","website":"https://bfa-llc.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/bluestone-financial-advisors-llc","founded":null,"organization":"Maryland limited liability company","fiscalYearEnd":"December","headquarters":{"street":"7910 Woodmont Avenue, Suite 1350","city":"Bethesda","state":"MD","stateName":"Maryland","country":"United States","postalCode":"20814"},"tradeNames":[],"registration":{"secApproved":"4 May 2022","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":3936371.7,"staff":{"employees":3,"advisory":2,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":207283310,"discretionary":189997735,"discretionaryAccounts":120,"nonDiscretionary":17285575,"nonDiscretionaryAccounts":17,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":2},"clientTypes":[{"label":"High-net-worth individuals","clients":50,"regulatoryAum":196818585},{"label":"Charitable organizations","clients":null,"fewerThan5":true,"regulatoryAum":10464590},{"label":"Corporations and other businesses","clients":null,"fewerThan5":true,"regulatoryAum":135}],"feePrograms":[{"role":"other","program":"Financial advisory retainer","summary":"Monthly retainer fees are negotiable but generally range from $1,000 to $6,000 per business owner or partner, billed in advance each month.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1008933","versionId":1008933,"submittedOn":"2026-02-13","documentName":"02 13 2026 BLUE FORM ADV PART 2A AND 2B FINAL"},{"role":"other","program":"Financial planning and consulting project","summary":"Project fees are negotiable but generally range from $5,000 to $10,000 per business owner, one time, charged in advance at the start of the engagement.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1008933","versionId":1008933,"submittedOn":"2026-02-13","documentName":"02 13 2026 BLUE FORM ADV PART 2A AND 2B FINAL"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed_no_numerical_schedule","checkedAt":"2026-10-22T13:45:03.780731+00:00","documents":[{"name":"02 13 2026 BLUE FORM ADV PART 2A AND 2B FINAL","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1008933","versionId":1008933,"submittedOn":"2026-02-13"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":205471341}],"custodyNote":"Bluestone Financial Advisors does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Andrew Cosgrove","title":"Principal and Chief Compliance Officer","crd":"5348395"}],"ownership":[{"label":"Andrew Cosgrove","detail":"Principal and chief compliance officer in the 75% or more ownership band, since April 2008."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":2,"privateResidences":2},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Maryland","offices":1,"addresses":[{"street":"7910 Woodmont Avenue, Suite 1350","city":"Bethesda","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"301-841-0203","stateRegisteredReps":2,"otherAdviserReps":0,"compensation":["Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients"],"financialPlanningClients":"26-50","assetMix":[{"label":"Exchange-traded equity securities","percent":19},{"label":"Securities issued by registered investment companies or business development companies","percent":54},{"label":"Cash and cash equivalents","percent":27}],"privateFunds":0},"sources":{"adv1FilingDate":"13 February 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/146946/PDF/146946.pdf","brochureDate":"13 February 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1008933","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 Bluestone Financial Advisors have?","answer":"Bluestone Financial Advisors has 50 clients and manages $207 million for them, as of February 2026. They include 50 high-net-worth individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 13 February 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Bluestone Financial Advisors offer?","answer":"Bluestone Financial Advisors provides financial planning, portfolio management for individuals and small businesses, and portfolio management for institutions.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Bluestone Financial Advisors use?","answer":"Bluestone Financial Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $205M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 13 February 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Bluestone Financial Advisors have?","answer":"Bluestone Financial Advisors has 2 investment adviser representatives registered with state securities authorities, out of 3 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Bluestone Financial Advisors invest in?","answer":"At the end of its last fiscal year, Bluestone Financial Advisors’ separately managed accounts held 54% registered funds (mutual funds, ETFs, BDCs), 27% cash and equivalents and 19% 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 Bluestone Financial Advisors?","answer":"Bluestone Financial Advisors’ direct owner is Andrew Cosgrove (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 13 February 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Bluestone Financial Advisors get paid?","answer":"Bluestone Financial Advisors is paid through 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 Bluestone Financial Advisors?","answer":"Bluestone Financial Advisors’ main office is at 7910 Woodmont Avenue, Suite 1350, Bethesda, MD 20814. Its phone number is 301-841-0203. Its website is bfa-llc.com.","source":"Form ADV Part 1A, Item 1.F, filed 13 February 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."}