Financial Independence provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, and insurance. Financial planning was provided to 101–250 clients last fiscal year.
Financial Independence reports 279 clients. They include 191 individual clients, 87 high-net-worth individuals and 1 pension or profit-sharing plan. Of its assets, 0.0% ($0 across 0 accounts) are managed with discretion; $288M across 895 accounts are not. It advised 8 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 68% | 25% |
| High-net-worth individuals | 31% | 74% |
| Pension and profit-sharing plans | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 191 | $72M | 25.0% | $377K |
| High-net-worth individuals | 87 | $214M | 74.2% | $2.46M |
| Pension and profit-sharing plans | Fewer than 5 | $2.35M | 0.8% | $2.35M |
| Total | 279 | $288M | 100% | — |
- Clients
- 191
- Regulatory AUM
- $72M
- AUM share
- 25.0%
- Avg. per client
- $377K
- Clients
- 87
- Regulatory AUM
- $214M
- AUM share
- 74.2%
- Avg. per client
- $2.46M
- Clients
- Fewer than 5
- Regulatory AUM
- $2.35M
- AUM share
- 0.8%
- Avg. per client
- $2.35M
Total
- Clients
- 279
- Regulatory AUM
- $288M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 8
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
Financial Independence charges 0.50%–1.00% for its AssetMark Platform Financial Advisor Fee. The brochure does not state whether the rate is annual. The fee is billed in advance and is negotiable. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Financial Planning
- Financial planning is a fixed annual fee of $1,200 to $6,000 in the first year and $600 to $3,000 a year after, or $250 an hour.
- Pension Consulting
- Pension consulting is an asset-based fee of 0.25% to 0.75%, negotiable by scope of services and plan size.
Rick Campbell owns 75% or more of Financial Independence. The leadership team of Financial Independence includes President Rick Campbell. It has 7 employees, 4 of them in advisory roles.
Leadership
- Rick CampbellPresident/Chief Compliance Officer
Investment adviser representatives
4 representatives listed in the SEC register as of 9 October 2026.
- MacKenzie Douglas Campbell
- Rick Walter Campbell
- Mark Allen Lavallee
- Kevin Pierro
Staff
- 7 employees
- 4 in advisory functions
- 4 state-registered reps
- 4 insurance agents
- Owns 75% or more of Financial Independence, LLC
Rick Campbell
Control person · since April 2009
Financial Independence’s regulatory assets grew 1.6× from $176M (February 2021) to $288M (July 2026); clients rose from 215 to 279 and employees from 3 to 7.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| July 2026 | $288M | 279 | 7 | 3 |
| March 2025 | $242M | 262 | 6 | 1 |
| February 2024 | $210M | 257 | 6 | 1 |
| March 2023 | $184M | 246 | 6 | 1 |
| April 2022 | $210M | 235 | 7 | 1 |
| February 2021 | $176M | 215 | 3 | 1 |
Besides its headquarters, Financial Independence has 2 offices (2 private residences, listed without an address), with 1 listed address in Rhode Island.
Rhode Island · 1 listed address
- 931 Jefferson BLVD., Suite 2005, WarwickHQ
Contact and registration details
- Legal name
- Financial Independence, LLC
- Headquarters
- 931 Jefferson BLVD., Suite 2005, Warwick, RI 02886-2213
- Website
- fi-ri.com
- Phone
- 401-681-4825
- @financial-independence-llc
- SEC file
- 801-120254
- Founded
- 2009
- Structure
- Rhode Island LLC
- Fiscal year end
- December
Financial Independence uses Fidelity ($288M) as custodian for its separately managed accounts. Financial Independence does not have custody of client assets.
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $288M100%
At year end, Financial Independence’s separately managed accounts were mostly in funds (92%).
What the accounts hold
- Stocks4%
- Funds92%
- Bonds2%
- Cash3%
How many clients does Financial Independence have?
Financial Independence has 279 clients and manages $288 million for them, as of July 2026. They include 191 individual clients, 87 high-net-worth individuals and 1 pension or profit-sharing plan.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 July 2026
What services does Financial Independence offer?
Financial Independence provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, and insurance.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Financial Independence charge?
Financial Independence charges 0.50%–1.00% for its AssetMark Platform Financial Advisor Fee. The brochure does not state whether the rate is annual. The fee is billed in advance and is negotiable.
Source: FINANCIAL INDEPENDENCE, LLC ADV BROCHURE, filed 5 February 2026
Which custodians does Financial Independence use?
Financial Independence’s separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $288M. 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 July 2026
How many financial advisors does Financial Independence have?
Financial Independence has 4 investment adviser representatives registered with state securities authorities, out of 7 employees, and 4 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 4 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 Financial Independence invest in?
At the end of its last fiscal year, Financial Independence’s separately managed accounts held 92% registered funds (mutual funds, ETFs, BDCs), 4% exchange-traded equities, 3% cash and equivalents 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 Financial Independence?
Financial Independence’s direct owner is Rick Campbell (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 30 July 2026
How does Financial Independence get paid?
Financial Independence 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
Is Financial Independence registered with the SEC?
Yes, Financial Independence has been registered with the SEC as an investment adviser since 17 February 2021. Its CRD number is 150515 and its SEC file number is 801-120254.
Source: Form ADV Part 1A, Item 1, filed 30 July 2026; IAPD firm record
How do I contact Financial Independence?
Financial Independence’s main office is at 931 Jefferson BLVD., Suite 2005, Warwick, RI 02886-2213. Its phone number is 401-681-4825. Its website is fi-ri.com.