Ethos Financial Group provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and selecting other managers. Financial planning was provided to 51–100 clients last fiscal year.
Ethos Financial Group reports 1,808 clients. They include 1,327 individual clients, 382 high-net-worth individuals, and 86 corporations and other businesses. Of its assets, 89.2% ($1.91B across 4,743 accounts) are managed with discretion; $231M across 4 accounts are not. Of its clients, 1% are outside the U.S. It advised 6 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 73% | 17% |
| High-net-worth individuals | 21% | 61% |
| Charitable organizations | <1% | 2% |
| Other investment advisers | <1% | 1% |
| Corporations and other businesses | 5% | 20% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 1,327 | $359M | 16.7% | $271K |
| High-net-worth individuals | 382 | $1.3B | 60.5% | $3.4M |
| Charitable organizations | 12 | $35.3M | 1.6% | $2.94M |
| Other investment advisers | Fewer than 5 | $26.3M | 1.2% | $26.3M |
| Corporations and other businesses | 86 | $426M | 19.9% | $4.96M |
| Total | 1,808 | $2.14B | 100% | — |
- Clients
- 1,327
- Regulatory AUM
- $359M
- AUM share
- 16.7%
- Avg. per client
- $271K
- Clients
- 382
- Regulatory AUM
- $1.3B
- AUM share
- 60.5%
- Avg. per client
- $3.4M
- Clients
- 12
- Regulatory AUM
- $35.3M
- AUM share
- 1.6%
- Avg. per client
- $2.94M
- Clients
- Fewer than 5
- Regulatory AUM
- $26.3M
- AUM share
- 1.2%
- Avg. per client
- $26.3M
- Clients
- 86
- Regulatory AUM
- $426M
- AUM share
- 19.9%
- Avg. per client
- $4.96M
Total
- Clients
- 1,808
- Regulatory AUM
- $2.14B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 6
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 51–100
Ethos Financial Group is paid through a percentage of assets under management, hourly charges, fixed fees (other than subscription fees) and performance-based fees. The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Stand-Alone Financial Planning
- Financial planning and consulting is billed hourly or as an annual fee, subject to a $1,000 minimum, with discounts possible, under a separate planning agreement.
James Judge owns 25% to 50% of Ethos Financial Group. It has 44 employees, 33 of them in advisory roles.
Leadership
- Daniel GuyExecutive
- James JudgeExecutive Officer
Investment adviser representatives
35 representatives listed in the SEC register as of 9 October 2026.
- Alan Baca
- Robert J Bagonis Jr.
- Antonio Betancourt
- Edward Butowsky
- Robert Kevin Cawley
- Jack Roland Costello
- Larissa Jane Costello
- Dustin Scott Dowling
- H Clark Gaines JR
- James Adam Gonnason
- Alan Charles Gottlob
- Daniel Cook Guy
- Michael O'Neal Johnson, JR.
- James William Judge IV
- William Lowry Lane III
- Michael Dennis Malone
- Kristen Marsh
- John Francis Marsini
- Matthew William McClendon
- Michael Charles McConahy
- James Clement McGrath
- Alexander Haab Nikpour
- Louis Daniel Rivera
- Kim Meyers Sams
- John Santini
- Meagan Campbell Shields
- Jamie Michelle Stapf
- Jackson S Stough
- Jonathan Scott Stough
- Kyle Phillip Stuckey
- Jacob Wade Stull
- Dania Fitzgerald Tanguis
- Jeffrey Paul Wrabel
- Christopher Glynn Yoder
- Mark Timothy Youngs
Staff
- 44 employees
- 33 in advisory functions
- 33 state-registered reps
- 6 broker-dealer reps
- 14 insurance agents
- 3 soliciting firms
- Owns 25% to 50% of Ethos Financial Group, LLC
James Judge
Control person · since April 2022
- Owns 10% to 25% of Ethos Financial Group, LLC
Dig, LLC
since September 2022
- Owns 75% or more of Dig, LLC
Dustin Dowling
Control person · since July 2018
- Owns 10% to 25% of Ethos Financial Group, LLC
Daniel Guy
Control person · since April 2022
- Owns 5% to 10% of Ethos Financial Group, LLC
Freemason, LLC
since September 2022
- Owns 75% or more of Freemason, LLC
William Lane
Control person · since July 2018
Ethos Financial Group’s regulatory assets grew Infinity× from $0 (July 2022) to $2.14B (August 2026); employees rose from 2 to 44. In 2025, Chapwood Capital Investment Management ($278M in its last filing) joined it.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| August 2026 | $2.14B | 1,808 | 44 | 10 |
| April 2025 | $1.58B | 1,694 | 36 | 8 |
| June 2024 | $914M | 1,154 | 24 | 4 |
| June 2023 | $652M | 897 | 16 | 4 |
| July 2022 | $0 | 0 | 2 | 1 |
Firms that joined
20251 joined
- Chapwood Capital Investment ManagementLast filed AUM $278M
Firms whose SEC withdrawal reports a sale to this firm, and deals reported in the press. Teams that moved without selling a registered firm may not appear.
Besides its headquarters, Ethos Financial Group has 9 offices, with 10 listed addresses across 6 states.
Pennsylvania · 5 listed addresses
- 2200 Renaissance BLVD, Suite 340, King of PrussiaHQ
- 4660 Trindle Road, Camp Hill
- 930 Red Rose Court, Lancaster
- 4400 Deer Path Road, Harrisburg
- 4999 Louise Drive, Mechanicsburg
Louisiana · 1 listed address
- 5800 One Perkins Place, Baton Rouge
Maryland · 1 listed address
- 110-120 South Piney Road, Chester
New Jersey · 1 listed address
- 133 Westfield Ave, Clark
South Carolina · 1 listed address
- 850 Morrison DR., Charleston
Texas · 1 listed address
- 4965 Preston Park BLVD #100, Plano
Other business names
Ethos Financial Group has reported 11 other business names to the SEC.
- Alpha Whiskey
- Chapwood Investments
- Cohesion Partners
- Ethos Family Office
- Front Street Financial
- Liberty Ridge
- Marsini Estate & Wealth
- Michael Malone Investment Advisory
- Peters Wealth Advisors
- Protea Wealth Management
- Verity Wealth Advisors
Contact and registration details
- Legal name
- Ethos Financial Group, LLC
- Headquarters
- 2200 Renaissance BLVD, Suite 340, King of Prussia, PA 19406
- Website
- Not reported
- Phone
- 610-822-5246
- @ethos-financial-group-llc
- SEC file
- 801-125779
- Structure
- Pennsylvania LLC
- Fiscal year end
- December
Ethos Financial Group uses Charles Schwab ($1.68B, 88%) and Citigroup Global Markets ($229M, 12%) as custodians for its separately managed accounts. Ethos Financial Group has custody of $542M in client assets for 692 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $1.68B88%
- Citigroup Global MarketsCitigroup Global Markets Inc. · New York, NY · $229M12%
At year end, Ethos Financial Group’s separately managed accounts were mostly in funds (61%) and stocks (26%). Its reported 13F holdings for the quarter ended 30 June 2026 total $1.5B across 648 positions; the largest are Relative Sentiment Tactical Allocation ETF (3.4%), Schwab U.S. Broad Market ETF (3.4%) and Vanguard S&P 500 ETF (2.8%).
What the accounts hold
- Stocks26%
- Funds61%
- Registered funds56%
- Pooled vehicles5%
- Bonds2%
- Cash10%
Filed values cover 99%. The neutral 1% gap has no reported category.
Reported 13F holdings
- $1.5B
- Reported 13F value
- 648
- Positions
- 23.8%
- In the 10 largest
- +9.3%
- Value vs. prior quarter
- Relative Sentiment Tactical Allocation ETFETF3.4%
- Schwab U.S. Broad Market ETFETF3.4%
- Vanguard S&P 500 ETFETF2.8%
- Abrdn Physical Gold Shares ETFETF2.4%
- Vanguard Total World Stock ETFETF2.3%
- State Street SPDR S&P 500 ETFETF2.0%
- Schwab US Large Cap ETFETF2.0%
- Apple Inc.1.9%
- Vaneck Morningstar Wide Moat ETFETF1.8%
- Alpha Architect 1-3 Month Box ETFETF1.7%
Together, the ten largest are 23.8% of reported value.
How many clients does Ethos Financial Group have?
Ethos Financial Group has 1,808 clients and manages $2.14 billion for them, as of August 2026. They include 1,327 individual clients, 382 high-net-worth individuals, and 86 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 12 August 2026
What services does Ethos Financial Group offer?
Ethos Financial Group provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Ethos Financial Group use?
Ethos Financial Group’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $1.68B and Citigroup Global Markets Inc. (New York, NY), with $229M. 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 August 2026
How many financial advisors does Ethos Financial Group have?
Ethos Financial Group has 33 investment adviser representatives registered with state securities authorities, out of 44 employees, and 33 perform investment advisory functions. 6 employees are registered representatives of a broker-dealer and 14 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 Ethos Financial Group invest in?
At the end of its last fiscal year, Ethos Financial Group’s separately managed accounts held 56% registered funds (mutual funds, ETFs, BDCs), 26% exchange-traded equities, 10% cash and equivalents, 5% pooled vehicles (private funds and similar) and 2% state and local bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Ethos Financial Group?
Ethos Financial Group is owned through holding companies by Dustin Dowling and William Lane. Its direct owners are James Judge, Dig, LLC, Daniel Guy and Freemason, LLC, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 12 August 2026
How does Ethos Financial Group get paid?
Ethos Financial Group is paid through a percentage of assets under management, hourly charges, fixed fees and performance-based fees. Its Form ADV lists no commissions 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 Ethos Financial Group?
Ethos Financial Group’s main office is at 2200 Renaissance BLVD, Suite 340, King of Prussia, PA 19406. Its phone number is 610-822-5246.