{"url":"https://nivawealth.com/firms/expand-financial-group-293160","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/293160","regulatoryAum":113456003,"crd":"293160","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"2648958","suffix":null,"lastName":"BENNETT","firstName":"DAVID","middleName":"JAY"},{"crd":"6690190","suffix":null,"lastName":"Bennett","firstName":"Jay","middleName":"Andrew"},{"crd":"7400354","suffix":null,"lastName":"Bennett","firstName":"Joel","middleName":"David"},{"crd":"7518168","suffix":null,"lastName":"Berg","firstName":"Brandon","middleName":null},{"crd":"7084026","suffix":null,"lastName":"Burman","firstName":"Brian","middleName":"Wayne"},{"crd":"6741624","suffix":null,"lastName":"Gammill","firstName":"Michael","middleName":"James"}],"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"},"secFileNumber":"801-134940","legalName":"Expand Financial Group, LLC","displayName":"Expand Financial Group","slug":"expand-financial-group-293160","website":"https://expandfinancialgroup.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/293160/7935549c61b24904-r1.webp","tone":"light","width":498,"height":200,"sourceUrl":"https://expandfinancialgroup.com/","sourceLabel":"Expand Financial Group, LLC, website"},"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Texas limited liability company","fiscalYearEnd":"December","headquarters":{"street":"","city":"","state":"","stateName":"","country":"","postalCode":null},"tradeNames":[],"registration":{"secApproved":"2 January 2026","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":341313.26936026936,"staff":{"employees":11,"advisory":6,"brokerDealerReps":0,"insuranceAgents":1,"promoters":0},"aum":{"regulatory":113456003,"discretionary":97221159,"discretionaryAccounts":665,"nonDiscretionary":16234844,"nonDiscretionaryAccounts":80,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":2},"clientTypes":[{"label":"Individuals (other than HNW)","clients":232,"regulatoryAum":31354242},{"label":"High-net-worth individuals","clients":65,"regulatoryAum":70015799},{"label":"Banking or thrift institutions","clients":0,"fewerThan5":true,"regulatoryAum":0},{"label":"Pension and profit-sharing plans","clients":0,"fewerThan5":true,"regulatoryAum":0},{"label":"Charitable organizations","clients":20,"regulatoryAum":11779161},{"label":"State or municipal government entities","clients":0,"fewerThan5":true,"regulatoryAum":0},{"label":"Other investment advisers","clients":0,"fewerThan5":true,"regulatoryAum":0},{"label":"Insurance companies","clients":0,"fewerThan5":true,"regulatoryAum":0},{"label":"Sovereign wealth funds and foreign official institutions","clients":0,"fewerThan5":true,"regulatoryAum":0},{"label":"Corporations and other businesses","clients":3,"fewerThan5":true,"regulatoryAum":306801}],"feePrograms":[{"role":"other","program":"Financial Planning and Consulting","summary":"Financial planning and consulting is charged hourly at a maximum of $350 per hour, or as flat fees from $500 to $10,000, negotiable.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1043789","versionId":1043789,"submittedOn":"2026-05-01","documentName":"EXPAND FINANCIAL GROUP - ADV PART 2A"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed_no_numerical_schedule","checkedAt":"2026-10-22T16:00:27.169059+00:00","documents":[{"name":"EXPAND FINANCIAL GROUP - ADV PART 2A","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1043789","versionId":1043789,"submittedOn":"2026-05-01"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":113456003}],"custodyNote":"Expand Financial Group does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"David Bennett","title":"Managing Member & Chief Compliance Officer","crd":"2648958"}],"ownership":[{"label":"David Bennett","detail":"Managing member & chief compliance officer in the 75% or more ownership band and a control person, since March 2018."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":5,"privateResidences":3},"listedOfficeAddresses":3,"foreignOffices":[],"officesByState":[{"state":"Tennessee","offices":1,"addresses":[{"street":"7990 Regiment DR.","city":"Spring Hill"}]},{"state":"Texas","offices":1,"addresses":[{"street":"1117 Elmwood Ave.","city":"Corsicana"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"916-521-5451","stateRegisteredReps":6,"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","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":72},{"label":"Securities issued by registered investment companies or business development companies","percent":13},{"label":"Cash and cash equivalents","percent":14}],"privateFunds":0},"sources":{"adv1FilingDate":"1 May 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/293160/PDF/293160.pdf","brochureDate":"1 May 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1043789","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 Expand Financial Group have?","answer":"Expand Financial Group has 320 clients and manages $113 million for them, as of May 2026. They include 232 individual clients, 65 high-net-worth individuals and 20 charitable organizations.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 1 May 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Expand Financial Group offer?","answer":"Expand Financial Group provides financial planning, portfolio management for individuals and small businesses, and selecting other managers.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Expand Financial Group use?","answer":"Expand Financial Group’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), 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 1 May 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Expand Financial Group have?","answer":"Expand Financial Group has 6 investment adviser representatives registered with state securities authorities, out of 11 employees, and 6 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.","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 Expand Financial Group invest in?","answer":"At the end of its last fiscal year, Expand Financial Group’s separately managed accounts held 72% exchange-traded equities, 14% cash and equivalents and 13% registered funds (mutual funds, ETFs, BDCs).","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 Expand Financial Group?","answer":"Expand Financial Group’s direct owner is David Bennett (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 1 May 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Expand Financial Group get paid?","answer":"Expand Financial Group 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":"How do I contact Expand Financial Group?","answer":"Its phone number is 916-521-5451. Its website is expandfinancialgroup.com.","source":"Form ADV Part 1A, Item 1.F, filed 1 May 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."}