Claris Financial provides portfolio management for individuals and small businesses and educational seminars.
Claris Financial reports 599 clients. They include 438 individual clients and 161 high-net-worth individuals. Of its assets, 92.5% ($306M across 986 accounts) are managed with discretion; $24.6M across 52 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 73% | 23% |
| High-net-worth individuals | 27% | 75% |
| Charitable organizations | Fewer than 5 | 2% |
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) | 438 | $76.8M | 23.3% | $175K |
| High-net-worth individuals | 161 | $248M | 75.2% | $1.54M |
| Charitable organizations | Fewer than 5 | $5.12M | 1.5% | — |
| Total | 599 | $330M | 100% | — |
- Clients
- 438
- Regulatory AUM
- $76.8M
- AUM share
- 23.3%
- Avg. per client
- $175K
- Clients
- 161
- Regulatory AUM
- $248M
- AUM share
- 75.2%
- Avg. per client
- $1.54M
- Clients
- Fewer than 5
- Regulatory AUM
- $5.12M
- AUM share
- 1.5%
- Avg. per client
- —
Total
- Clients
- 599
- Regulatory AUM
- $330M
- AUM share
- 100%
- Avg. per client
- —
- 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
- 0
Claris Financial charges 1.50%–2.50% a year for its Portfolio Management Service. The fee is billed in advance and is negotiable.
Fee details and sources
John Paxton owns 50% to 75% of Claris Financial. The leadership team of Claris Financial includes President John Paxton. It has 8 employees, 5 of them in advisory roles.
Leadership
- John PaxtonPresident, Chief Compliance Officer
- Brian HallInvestor and Consultant
- Patrick DennisInvestor
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
- John Faulkner Paxton
- Deborah Edwards Tucker
Staff
- 8 employees
- 5 in advisory functions
- 5 state-registered reps
- 5 insurance agents
- Owns 50% to 75% of Claris Financial, LLC
John Paxton
Control person · since January 2009
- Owns 10% to 25% of Claris Financial, LLC
Brian Hall
since June 2012
- Owns 10% to 25% of Claris Financial, LLC
Patrick Dennis
since June 2012
Claris Financial’s regulatory assets grew 1.7× from $196M (April 2021) to $330M (March 2026); clients rose from 447 to 599 and employees were 8 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $330M | 599 | 8 | 2 |
| March 2025 | $286M | 551 | 8 | 2 |
| March 2024 | $232M | 578 | 8 | 2 |
| March 2023 | $207M | 536 | 8 | 2 |
| March 2022 | $237M | 492 | 8 | 2 |
| April 2021 | $196M | 447 | 8 | 2 |
Besides its headquarters, Claris Financial has 1 office, with 2 listed addresses in Virginia.
Virginia · 2 listed addresses
- 4510 Cox RD., Suite 302, Glen AllenHQ
- 14361 Sommerville Court, Midlothian
Contact and registration details
- Legal name
- Claris Financial, LLC
- Headquarters
- 4510 Cox RD., Suite 302, Glen Allen, VA 23060
- Website
- clarisfinancial.com
- Phone
- 804-935-3000
- SEC file
- 801-115295
- Structure
- Virginia LLC
- Fiscal year end
- December
Claris Financial uses Charles Schwab ($330M) as custodian for its separately managed accounts. Claris Financial does not have custody of client assets.
The filed custodian amounts total more than regulatory assets under management. Each amount is shown as filed.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $330M100%
At year end, Claris Financial’s separately managed accounts were mostly in funds (61%) and stocks (28%). Its reported 13F holdings for the quarter ended 31 March 2026 total $183M across 177 positions; the largest are First Trust Value Dividend Index ETF (6.4%), Vanguard Growth ETF (5.2%) and Apple Inc. (4.7%).
What the accounts hold
- Stocks28%
- Funds61%
- Bonds6%
- U.S. government and agency bonds3%
- State and local bonds2%
- Investment grade corporate bonds1%
- Cash5%
Reported 13F holdings
- $183M
- Reported 13F value
- 177
- Positions
- 37.2%
- In the 10 largest
- —
- Value vs. prior quarter
- First Trust Value Dividend Index ETF · Uit Exchange Traded6.4%
- Vanguard Growth ETF · Uit Exchange Traded5.2%
- Apple Inc.4.7%
- iShares MSCI USA Momntumfct ETF · Uit Exchange Traded4.6%
- Nvidia Corp.3.4%
- Vanguard Value ETF · Uit Exchange Traded3.1%
- First Trust Capital Strength ETF · Uit Exchange Traded3.0%
- Microsoft Corp.2.7%
- FT Rising Dividend Achievers ETF · Uit Exchange Traded2.3%
- Frst Trt Low Dtn Opnts ETF IV · Uit Exchange Traded2.0%
Together, the ten largest are 37.2% of reported value.
How many clients does Claris Financial have?
Claris Financial has 599 clients and manages $330 million for them, as of March 2026. They include 438 individual clients and 161 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026
What services does Claris Financial offer?
Claris Financial provides 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 Claris Financial charge?
Claris Financial charges 1.50%–2.50% a year for its Portfolio Management Service. The fee is billed in advance and is negotiable.
Source: CLARIS ADV PART 2A - 03.30.2026, filed 30 March 2026
Which custodians does Claris Financial use?
Claris Financial’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $330M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 March 2026
How many financial advisors does Claris Financial have?
Claris Financial has 5 investment adviser representatives registered with state securities authorities, out of 8 employees, and 5 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 5 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 Claris Financial invest in?
At the end of its last fiscal year, Claris Financial’s separately managed accounts held 61% registered funds (mutual funds, ETFs, BDCs), 28% exchange-traded equities, 5% cash and equivalents, 3% U.S. government and agency bonds, 2% state and local bonds and 1% investment grade corporate bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Claris Financial?
Claris Financial’s direct owners are Brian Hall (10% to 25%), Patrick Dennis (10% to 25%) and John Paxton (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 30 March 2026
How does Claris Financial get paid?
Claris Financial is paid through a percentage of assets under management. 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 Claris Financial registered with the SEC?
Yes, Claris Financial has been registered with the SEC as an investment adviser since 16 May 2019. Its CRD number is 168503 and its SEC file number is 801-115295.
Source: Form ADV Part 1A, Item 1, filed 30 March 2026; IAPD firm record
How do I contact Claris Financial?
Claris Financial’s main office is at 4510 Cox RD., Suite 302, Glen Allen, VA 23060. Its phone number is 804-935-3000. Its website is clarisfinancial.com.