Bonfire Financial provides financial planning, portfolio management for individuals and small businesses, and pension consulting. Financial planning was provided to 11–25 clients last fiscal year.
Bonfire Financial reports 278 clients. They include 206 individual clients, 55 high-net-worth individuals, and 17 pension and profit-sharing plans. Of its assets, 85.6% ($200M across 798 accounts) are managed with discretion; $33.8M across 17 accounts are not. It advised 5 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 74% | 29% |
| High-net-worth individuals | 20% | 55% |
| Pension and profit-sharing plans | 6% | 14% |
| Charitable organizations | Fewer than 5 | 1% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 206 | $68.5M | 29.3% | $332K |
| High-net-worth individuals | 55 | $128M | 54.9% | $2.34M |
| Pension and profit-sharing plans | 17 | $33.8M | 14.4% | $1.99M |
| Charitable organizations | Fewer than 5 | $3.29M | 1.4% | — |
| Total | 278 | $234M | 100% | — |
- Clients
- 206
- Regulatory AUM
- $68.5M
- AUM share
- 29.3%
- Avg. per client
- $332K
- Clients
- 55
- Regulatory AUM
- $128M
- AUM share
- 54.9%
- Avg. per client
- $2.34M
- Clients
- 17
- Regulatory AUM
- $33.8M
- AUM share
- 14.4%
- Avg. per client
- $1.99M
- Clients
- Fewer than 5
- Regulatory AUM
- $3.29M
- AUM share
- 1.4%
- Avg. per client
- —
Total
- Clients
- 278
- Regulatory AUM
- $234M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 5
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 11–25
Bonfire Financial charges up to 1.20% a year for its Portfolio Management Fee. The fee is billed in advance. The brochure also prices 3 other services, listed under fee details.
Fee details and sources
Other fees
- Consulting
- Limited-scope consulting fees, negotiated with the client and billed as services are rendered.
- Financial Planning
- Fixed fees for financial plans range from $1,000 to $10,000, with 50% due on signing and the balance on delivery.
- Retirement Plan Advisory Services
- An annual fee of 0.50% of assets under management, billed quarterly in advance or in arrears.
Brian Colvert owns 75% or more of Bonfire Financial. The leadership team of Bonfire Financial includes Chief Compliance Officer Brian Colvert. It has 4 employees.
Staff
- 4 employees
- 4 in advisory functions
- 4 state-registered reps
- 3 insurance agents
- Owns 75% or more of Bonfire Financial, LLC
Brian Colvert
Control person · since April 2017
Bonfire Financial’s regulatory assets grew 1.9× from $122M (March 2021) to $234M (July 2026); clients rose from 164 to 278 and employees were 4 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Jul 2026July 2026 | $234M | 278 | 4 | 1 |
| May 2025May 2025 | $198M | 269 | 3 | 1 |
| Feb 2024February 2024 | $142M | 235 | 4 | 1 |
| May 2023May 2023 | $142M | 230 | 4 | 1 |
| Feb 2022February 2022 | $151M | 153 | 4 | 1 |
| Mar 2021March 2021 | $122M | 164 | 4 | 1 |
Besides its headquarters, Bonfire Financial has 0 offices, with 1 listed address in 1 state.
Colorado · 1 listed address
- 5755 Mark Dabling BLVD, Ste 220, Colorado SpringsHQ
Contact and registration details
- Legal name
- Bonfire Financial, LLC
- Headquarters
- 5755 Mark Dabling BLVD, Ste 220, Colorado Springs, CO 80919
- Website
- bonfirefinancial.com
- Phone
- 719-394-3900
- @bonfirefinancial
- SEC file
- 801-119543
- Structure
- Colorado LLC
- Fiscal year end
- December
Bonfire Financial’s named custodian for separately managed accounts is Charles Schwab ($195M). Bonfire Financial has custody of $27.6M for 16 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $195M100%
At year end, Bonfire Financial’s separately managed accounts were mostly in funds (77%) and stocks (12%). Its reported 13F holdings for the quarter ended 30 June 2026 total $156M across 60 positions; the largest are Select Sector SPDR TR (17.4%), Wisdomtree TR (14.2%) and Vanguard Index Fds (5.7%).
What the accounts hold
- Stocks12%
- Exchange-traded equities11%
- Non-exchange-traded equities1%
- Funds77%
- Bonds2%
- Cash4%
- Other4%
- Cds4%
Filed values cover 99%. The neutral 1% gap has no reported category.
How many clients does Bonfire Financial have?
Bonfire Financial has 278 clients and manages $234 million for them, as of July 2026. They include 206 individual clients, 55 high-net-worth individuals, and 17 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 8 July 2026
What services does Bonfire Financial offer?
Bonfire Financial provides financial planning, portfolio management for individuals and small businesses, and pension consulting.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Bonfire Financial charge?
Bonfire Financial charges up to 1.20% a year for its Portfolio Management Fee. The fee is billed in advance.
Which custodians does Bonfire Financial use?
Bonfire Financial’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $195M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 8 July 2026
How many financial advisors does Bonfire Financial have?
Bonfire Financial has 4 investment adviser representatives registered with state securities authorities, out of 4 employees, and 4 perform investment advisory functions. 0 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 Bonfire Financial invest in?
At the end of its last fiscal year, Bonfire Financial’s separately managed accounts held 77% registered funds (mutual funds, ETFs, BDCs), 11% exchange-traded equities, 4% cash and equivalents, 4% other, 2% U.S. government and agency bonds and 1% non-exchange-traded equities. The 4% other category is described as: CDS.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Bonfire Financial?
Bonfire Financial’s direct owner is Brian Colvert (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 8 July 2026
How does Bonfire Financial get paid?
Bonfire 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
How do I contact Bonfire Financial?
Bonfire Financial’s main office is at 5755 Mark Dabling BLVD, Ste 220, Colorado Springs, CO 80919. Its phone number is 719-394-3900. Its website is bonfirefinancial.com.