{"url":"https://nivawealth.com/firms/financial-counseling-associates-115123","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/115123","regulatoryAum":103520000,"crd":"115123","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"2011781","suffix":null,"lastName":"KOPEL","firstName":"JOHN","middleName":"JOSEPH"},{"crd":"7397074","suffix":null,"lastName":"Mathews","firstName":"Erica","middleName":"Ann"}],"total":2,"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":"2021-04-16","regulatoryAum":235000000,"clients":295,"employees":3,"offices":3},{"filedOn":"2022-03-31","regulatoryAum":303000000,"clients":325,"employees":4,"offices":4},{"filedOn":"2023-02-01","regulatoryAum":255000000,"clients":324,"employees":4,"offices":4},{"filedOn":"2024-06-27","regulatoryAum":107190000,"clients":170,"employees":2,"offices":4},{"filedOn":"2025-02-06","regulatoryAum":92076000,"clients":129,"employees":2,"offices":4},{"filedOn":"2026-02-04","regulatoryAum":103520000,"clients":126,"employees":2,"offices":4}],"secFileNumber":"801-79159","legalName":"Financial Counseling Associates, Inc.","displayName":"Financial Counseling Associates","slug":"financial-counseling-associates-115123","website":"https://fca-inc.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Colorado corporation","fiscalYearEnd":"December","headquarters":{"street":"","city":"","state":"","stateName":"","country":"","postalCode":null},"tradeNames":[],"registration":{"secApproved":"5 February 2014","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":774800,"staff":{"employees":2,"advisory":2,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":103520000,"discretionary":96850000,"discretionaryAccounts":125,"nonDiscretionary":6670000,"nonDiscretionaryAccounts":1,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":103,"regulatoryAum":30850000},{"label":"High-net-worth individuals","clients":22,"regulatoryAum":66000000},{"label":"Pension and profit-sharing plans","clients":1,"regulatoryAum":6670000}],"feePrograms":[{"role":"main","program":"Assets Under Management Fees","feeBasis":"marginal","fee_tiers":[{"to":2000000,"pct":1,"from":0},{"to":null,"pct":0.5,"from":2000000}],"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1006219","versionId":1006219,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-02-04","documentName":"2026 - FCA AVD PART 2A-2B AND PRIVACY POLICY","fee_rate_low":0.5,"fee_rate_high":1,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T12:20:06.114809+00:00","documents":[{"name":"2026 - FCA AVD PART 2A-2B AND PRIVACY POLICY","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1006219","versionId":1006219,"submittedOn":"2026-02-04"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":240000000}],"custodyNote":"Financial Counseling Associates does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Erica Mathews","title":"Chief Compliance Officer","crd":"7397074"},{"name":"John Kopel","title":"Owner","crd":"2011781"}],"ownership":[{"label":"John Kopel","detail":"Owner in the 75% or more ownership band and a control person, since February 1993."},{"label":"Erica Mathews","detail":"Chief compliance officer in the 5% to 10% ownership band and a control person, since May 2024."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":3,"privateResidences":2},"listedOfficeAddresses":2,"foreignOffices":[],"officesByState":[{"state":"Colorado","offices":1,"addresses":[{"street":"6129 S. Cathay CT.","city":"Aurora"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"720-272-4419","stateRegisteredReps":2,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses"],"financialPlanningClients":"101-250","assetMix":[{"label":"Exchange-traded equity securities","percent":97},{"label":"Cash and cash equivalents","percent":3}],"privateFunds":0},"sources":{"adv1FilingDate":"4 February 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/115123/PDF/115123.pdf","brochureDate":"4 February 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1006219","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 Financial Counseling Associates have?","answer":"Financial Counseling Associates has 126 clients and manages $104 million for them, as of February 2026. They include 103 individual clients, 22 high-net-worth individuals and 1 pension or profit-sharing plan.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 4 February 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Financial Counseling Associates offer?","answer":"Financial Counseling Associates provides financial planning and portfolio management for individuals and small businesses.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Financial Counseling Associates charge?","answer":"Financial Counseling Associates charges 0.50%–1.00% a year for its Assets Under Management Fees. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable.","source":"2026 - FCA AVD PART 2A-2B AND PRIVACY POLICY, filed 4 February 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Financial Counseling Associates use?","answer":"Financial Counseling Associates’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $240M. 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 February 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Financial Counseling Associates have?","answer":"Financial Counseling Associates has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 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 Financial Counseling Associates invest in?","answer":"At the end of its last fiscal year, Financial Counseling Associates’ separately managed accounts held 97% exchange-traded equities and 3% 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 Financial Counseling Associates?","answer":"Financial Counseling Associates’ direct owners are John Kopel (75% or more) and Erica Mathews (5% to 10%).","source":"Form ADV Part 1A, Schedules A and B, filed 4 February 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Financial Counseling Associates get paid?","answer":"Financial Counseling Associates 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Financial Counseling Associates?","answer":"Its phone number is 720-272-4419. Its website is fca-inc.com.","source":"Form ADV Part 1A, Item 1.F, filed 4 February 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."}