{"url":"https://nivawealth.com/firms/briaud-financial-planning-105638","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/105638","regulatoryAum":912788383,"crd":"105638","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"6683079","suffix":null,"lastName":"Billquist","firstName":"Andrea","middleName":"R"},{"crd":"1891284","suffix":null,"lastName":"BRIAUD","firstName":"JANET","middleName":null},{"crd":"7654304","suffix":null,"lastName":"Holmes","firstName":"Michelle","middleName":"Marie"},{"crd":"7234816","suffix":null,"lastName":"McKay","firstName":"Matthew","middleName":"Ray"},{"crd":"5771582","suffix":null,"lastName":"PINE","firstName":"NATALIE","middleName":"BRIAUD"},{"crd":"7874651","suffix":null,"lastName":"Sawant","firstName":"Sachin","middleName":"Narayan"}],"total":6,"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":"2021-02-16","regulatoryAum":669505988,"clients":360,"employees":15,"offices":1},{"filedOn":"2022-03-23","regulatoryAum":683305330,"clients":307,"employees":12,"offices":1},{"filedOn":"2023-07-18","regulatoryAum":664291001,"clients":328,"employees":11,"offices":1},{"filedOn":"2024-05-06","regulatoryAum":705036199,"clients":324,"employees":13,"offices":1},{"filedOn":"2025-03-11","regulatoryAum":775328663,"clients":278,"employees":15,"offices":1},{"filedOn":"2026-05-12","regulatoryAum":912788383,"clients":279,"employees":16,"offices":1}],"secFileNumber":"801-31379","legalName":"Briaud Financial Planning Inc","displayName":"Briaud Financial Planning","slug":"briaud-financial-planning-105638","website":"https://briaud.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/briaud-financial-advisors/","xUrl":"https://twitter.com/BriaudAdvisors","founded":"1986","organization":"Texas corporation","fiscalYearEnd":"December","headquarters":{"street":"1611 Crescent Pointe Parkway","city":"College Station","state":"TX","stateName":"Texas","country":"United States","postalCode":"77845"},"tradeNames":["Briaud Financial Advisors"],"registration":{"secApproved":"28 January 1988","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":3275897.9424460432,"staff":{"employees":16,"advisory":6,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":912788383,"discretionary":861971167,"discretionaryAccounts":2056,"nonDiscretionary":50817216,"nonDiscretionaryAccounts":385,"wrapProgram":null,"nonUsClientsPct":1,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":35,"regulatoryAum":27441213},{"label":"High-net-worth individuals","clients":243,"regulatoryAum":883258415},{"label":"Corporations and other businesses","clients":1,"regulatoryAum":2088755}],"feePrograms":[{"role":"main","program":"Investment Supervisory Services","feeBasis":"marginal","fee_tiers":[{"to":2000000,"pct":1,"from":0},{"to":5000000,"pct":0.75,"from":2000000},{"to":null,"pct":0.5,"from":5000000}],"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1034402","versionId":1034402,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-03-31","documentName":"2025 ADV PART 2","fee_rate_low":0.5,"fee_rate_high":1,"fee_negotiable":true,"minimum_account":1000000,"feeMinimumPeriod":"annual","fee_minimum_annual":10000},{"role":"other","program":"Financial planning","summary":"Financial planning is included in the investment retainer; planning-only engagements are a fixed fee negotiated at signing.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1034402","versionId":1034402,"submittedOn":"2026-03-31","documentName":"2025 ADV PART 2"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T05:53:25.650789+00:00","documents":[{"name":"2025 ADV PART 2","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1034402","versionId":1034402,"submittedOn":"2026-03-31"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":738892370},{"name":"Tiaa-Cref Individual & Institutional Services, LLC","shortName":"Tiaa-Cref Individual & Institutional Services","location":"New York, NY","smaAssets":113324183}],"custodyNote":"Briaud Financial Planning has custody of $312M for 312 clients.","otherCustodians":[],"leadership":[{"name":"Natalie Pine","title":"Lead Advisor, CEO, and Chief Compliance Officer","crd":"5771582"},{"name":"Janet Briaud","title":"Chief Investment Officer/Partner","crd":"1891284"},{"name":"Matthew McKay","title":"Portfolio Manager","crd":"7234816"}],"ownership":[{"label":"Janet Briaud","detail":"Chief investment officer/partner in the 25% to 50% ownership band and a control person, since January 1992."},{"label":"Natalie Pine","detail":"Lead advisor, ceo, and chief compliance officer in the 25% to 50% ownership band and a control person, since January 2008."},{"label":"The 2010 Patrick Briaud Trust, Patrick Charles Briaud Trustee","detail":"Shareholder in the 5% to 10% ownership band, since January 2011."},{"label":"The 2010 Patrick Briaud Trust,","detail":"Shareholder in the 5% to 10% ownership band, since January 2011."},{"label":"The 2010 Natalie Pine Trust, Natalie Anne Briaud Pine Trustee","detail":"Shareholder in the 5% to 10% ownership band, since January 2011."},{"label":"The 2010 Natalie Pine Trust,","detail":"Shareholder in the 5% to 10% ownership band, since January 2011."},{"label":"Matthew McKay","detail":"Portfolio manager in the 10% to 25% ownership band, since January 2022."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Texas","offices":1,"addresses":[{"street":"1611 Crescent Pointe Parkway","city":"College Station","headquarters":true}]}],"brochureServices":["estate planning","insurance","tax planning"],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"979-260-9771","stateRegisteredReps":6,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses"],"financialPlanningClients":"251-500","assetMix":[{"label":"Exchange-traded equity securities","percent":44},{"label":"U.S. government/agency bonds","percent":27},{"label":"U.S. state and local bonds","percent":3},{"label":"Securities issued by registered investment companies or business development companies","percent":21},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":3},{"label":"Cash and cash equivalents","percent":2}],"privateFunds":0},"sources":{"adv1FilingDate":"12 May 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/105638/PDF/105638.pdf","brochureDate":"31 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1034402","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 Briaud Financial Planning have?","answer":"Briaud Financial Planning has 279 clients and manages $913 million for them, as of May 2026. They include 243 high-net-worth individuals, 35 individual clients and 1 corporate or other business client.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 12 May 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Briaud Financial Planning offer?","answer":"Briaud Financial Planning provides financial planning, portfolio management for individuals and small businesses, estate planning, insurance, and tax planning.","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 Briaud Financial Planning charge?","answer":"Briaud Financial Planning charges 0.50%–1.00% a year for its Investment Supervisory Services. Each asset band is charged at its own rate. The fee is billed in arrears, is negotiable, has a $10,000 annual minimum and requires an account of at least $1,000,000.","source":"2025 ADV PART 2, filed 31 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Briaud Financial Planning use?","answer":"Briaud Financial Planning’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $739M and Tiaa-Cref Individual & Institutional Services, LLC (New York, NY), with $113M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 12 May 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Briaud Financial Planning have?","answer":"Briaud Financial Planning has 6 investment adviser representatives registered with state securities authorities, out of 16 employees, and 6 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 Briaud Financial Planning invest in?","answer":"At the end of its last fiscal year, Briaud Financial Planning’s separately managed accounts held 44% exchange-traded equities, 27% U.S. government and agency bonds, 21% registered funds (mutual funds, ETFs, BDCs), 3% state and local bonds, 3% pooled vehicles (private funds and similar) and 2% cash and equivalents.","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":"Does Briaud Financial Planning have a minimum investment?","answer":"Yes, Briaud Financial Planning’s minimum account size for its Investment Supervisory Services is $1M. It charges a $10K annual minimum fee.","source":"2025 ADV PART 2, filed 31 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Who owns Briaud Financial Planning?","answer":"Briaud Financial Planning’s direct owners are Janet Briaud, Natalie Pine, the 2010 Patrick Briaud Trust, Patrick Charles Briaud Trustee, the 2010 Patrick Briaud Trust, the 2010 Natalie Pine Trust, Natalie Anne Briaud Pine Trustee, the 2010 Natalie Pine Trust and Matthew McKay, each holding 50% or less.","source":"Form ADV Part 1A, Schedules A and B, filed 12 May 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Briaud Financial Planning get paid?","answer":"Briaud Financial Planning is paid through a percentage of assets under management 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":"How do I contact Briaud Financial Planning?","answer":"Briaud Financial Planning’s main office is at 1611 Crescent Pointe Parkway, College Station, TX 77845. Its phone number is 979-260-9771. Its website is briaud.com.","source":"Form ADV Part 1A, Item 1.F, filed 12 May 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":{"url":"https://nivawealth.com/firms/briaud-financial-planning-105638/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-07-30","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/1800586/000195175726001091/0001951757-26-001091-index.html","totalValue":380226343,"positionCount":42,"top10Share":0.9541580368617437,"top10":[{"issuer":"VANGUARD INDEX FDS","titleOfClass":"TOTAL STK MKT","cusip":"922908769","value":205865581,"shares":556358,"shareType":"SH","priorValue":172925011,"priorShares":539110},{"issuer":"SPDR GOLD TR","titleOfClass":"GOLD SHS","cusip":"78463V107","value":73643056,"shares":199910,"shareType":"SH","priorValue":85325311,"priorShares":198343},{"issuer":"INVESCO ACTVELY MNGD ETC FD","titleOfClass":"OPTIMUM 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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."}