{"url":"https://nivawealth.com/firms/canby-financial-advisors-338797","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/338797","regulatoryAum":729447855,"crd":"338797","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"4663348","suffix":null,"lastName":"BAKER","firstName":"MARTIN","middleName":null},{"crd":"1303805","suffix":null,"lastName":"BORDEN","firstName":"CHRISTOPHER","middleName":"STARR"},{"crd":"2963882","suffix":null,"lastName":"FLAHERTY","firstName":"MICHAEL","middleName":"DANIEL"},{"crd":"4622376","suffix":null,"lastName":"GULLOTTI","firstName":"CHRISTOPHER","middleName":"P"},{"crd":"6214513","suffix":null,"lastName":"JAEGER","firstName":"DAVID","middleName":"KIMBALL"}],"total":5,"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"},"secFileNumber":"801-134723","legalName":"Canby Financial Advisors, LLC","displayName":"Canby Financial Advisors","slug":"canby-financial-advisors-338797","website":"https://canbyfinancial.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/canby-financial-advisors/","xUrl":"https://x.com/canbyfinancial","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"161 Worcester Road, Suite 408","city":"Framingham","state":"MA","stateName":"Massachusetts","country":"United States","postalCode":"01701"},"tradeNames":[],"registration":{"secApproved":"19 November 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BROCHURE 3-23-26","fee_rate_low":0.25,"fee_rate_high":1,"fee_negotiable":null,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Financial planning and consulting","summary":"Financial planning and consulting are a fixed fee of up to $10,000 or an hourly rate of up to $500, depending on the complexity of the plan.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1057091","versionId":1057091,"submittedOn":"2026-09-04","documentName":"CANBY FINANCIAL BROCHURE 3-23-26"},{"role":"other","program":"Retirement plan advisory","summary":"Retirement plan advisory is an annual fixed fee of $2,500 to $50,000, or an asset-based fee of 0.05% to 0.50% per annum.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1057091","versionId":1057091,"submittedOn":"2026-09-04","documentName":"CANBY FINANCIAL BROCHURE 3-23-26"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T07:59:20.662996+00:00","documents":[{"name":"CANBY FINANCIAL BROCHURE 3-23-26","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1057091","versionId":1057091,"submittedOn":"2026-09-04"}]},"custodians":[{"name":"Fidelity Brokerage Services LLC","shortName":"Fidelity","location":"Smithfield, RI","smaAssets":622842785}],"custodyNote":"Canby Financial Advisors does not have custody of client assets.","leadership":[{"name":"Susan Brodnick","title":"Chief Compliance Officer","crd":"2799374"},{"name":"Christopher Borden","title":"Financial Advisor, Managing Partner","crd":"1303805"},{"name":"Christopher Gullotti","title":"Financial Advisor, Partner","crd":"4622376"}],"ownership":[{"label":"Christopher Borden","detail":"Financial advisor, managing partner in the 50% to 75% ownership band and a control person, since November 2008."},{"label":"Christopher Gullotti","detail":"Financial advisor, partner in the 25% to 50% ownership band and a control person, since January 2001."}],"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Massachusetts","offices":1,"addresses":[{"street":"161 Worcester Road, Suite 408","city":"Framingham","headquarters":true}]}],"brochureServices":["education planning","estate planning","insurance","retirement plan services","tax planning"],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"508-598-1082","stateRegisteredReps":5,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","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","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":13},{"label":"Securities issued by registered investment companies or business development companies","percent":79},{"label":"Cash and cash equivalents","percent":8}],"privateFunds":0},"sources":{"adv1FilingDate":"4 September 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/338797/PDF/338797.pdf","brochureDate":"4 September 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1057091","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 Canby Financial Advisors have?","answer":"Canby Financial Advisors has 382 clients and manages $729 million for them, as of September 2026. They include 190 individual clients, 184 high-net-worth individuals, and 8 pension and profit-sharing plans.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 4 September 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Canby Financial Advisors offer?","answer":"Canby Financial Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, education planning, estate planning, insurance, retirement plan services, 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 Canby Financial Advisors charge?","answer":"Canby Financial Advisors charges 0.25%–1.00% for its Investment management services. The brochure does not state whether the rate is annual. The fee is billed in advance.","source":"CANBY FINANCIAL BROCHURE 3-23-26, filed 4 September 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Canby Financial Advisors use?","answer":"Canby Financial Advisors’ separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $623M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 4 September 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Canby Financial Advisors have?","answer":"Canby Financial Advisors has 5 investment adviser representatives registered with state securities authorities, out of 11 employees, and 5 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 Canby Financial Advisors invest in?","answer":"At the end of its last fiscal year, Canby Financial Advisors’ separately managed accounts held 79% registered funds (mutual funds, ETFs, BDCs), 13% exchange-traded equities and 8% 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":"Who owns Canby Financial Advisors?","answer":"Canby Financial Advisors’ direct owners are Christopher Borden (50% to 75%) and Christopher Gullotti (25% to 50%).","source":"Form ADV Part 1A, Schedules A and B, filed 4 September 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Canby Financial Advisors get paid?","answer":"Canby 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Is Canby Financial Advisors registered with the SEC?","answer":"Yes, Canby Financial Advisors has been registered with the SEC as an investment adviser since 19 November 2025. Its CRD number is 338797 and its SEC file number is 801-134723.","source":"Form ADV Part 1A, Item 1, filed 4 September 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Canby Financial Advisors?","answer":"Canby Financial Advisors’ main office is at 161 Worcester Road, Suite 408, Framingham, MA 01701. Its phone number is 508-598-1082. Its website is canbyfinancial.com.","source":"Form ADV Part 1A, Item 1.F, filed 4 September 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."}