Foundry Financial provides financial planning, portfolio management for individuals and small businesses, selecting other managers, education planning, estate planning, insurance, philanthropic planning, retirement plan services, and tax planning. Financial planning was provided to 101–250 clients last fiscal year.
Foundry Financial reports 184 clients. They include 103 individual clients and 81 high-net-worth individuals. Of its assets, 100.0% ($233M across 626 accounts) are managed with discretion. It advised 53 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 56% | 19% |
| High-net-worth individuals | 44% | 81% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 103 | $43.3M | 18.6% | $420K |
| High-net-worth individuals | 81 | $189M | 81.4% | $2.34M |
| Total | 184 | $233M | 100% | $1.26M |
- Clients
- 103
- Regulatory AUM
- $43.3M
- AUM share
- 18.6%
- Avg. per client
- $420K
- Clients
- 81
- Regulatory AUM
- $189M
- AUM share
- 81.4%
- Avg. per client
- $2.34M
Total
- Clients
- 184
- Regulatory AUM
- $233M
- AUM share
- 100%
- Avg. per client
- $1.26M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 53
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
Foundry Financial charges 0.25%–1.25% a year for its Investment Management Fees. Each asset band is charged at its own rate. The fee is billed in arrears and is negotiable. The brochure also prices 2 other services, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$500K | 1.25% |
| $500K–$5M | 0.75% |
| $5M–$10M | 0.50% |
| $10M and above | 0.25% |
Fee details and sources
Other fees
- Financial Planning
- One-time flat fee of $1,000 to $10,000, half due at signing and half on delivery of the plan.
- Pension Consulting
- Asset-based fee up to 1.00% per year paid by plan participants, plus a fixed fee of $2,500 to $10,000 a year paid by the plan sponsor.
Kevin Lum owns 75% or more of Foundry Financial. It has 13 employees, 10 of them in advisory roles.
Staff
- 13 employees
- 10 in advisory functions
- 10 state-registered reps
- 2 insurance agents
- Owns 75% or more of Foundry Financial LLC
Kevin Lum
Control person · since January 2019
Foundry Financial’s regulatory assets grew 2.2× from $105M (May 2025) to $233M (September 2026); clients rose from 161 to 184 and employees from 4 to 13.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Sep 2026September 2026 | $233M | 184 | 13 | 11 |
| May 2025May 2025 | $105M | 161 | 4 | 3 |
Besides its headquarters, Foundry Financial has 10 offices (7 private residences, listed without an address), with 4 listed addresses across 3 states.
North Carolina · 2 listed addresses
- (Frechette, John) 442 S Main St, Davidson
- (Aulisi, Joseph) 4928 Windy Hill Drive, Raleigh
California · 1 listed address
- 479 S Marengo Ave, PasadenaHQ
Louisiana · 1 listed address
- (McAlister, Robert) 434 North Columbia St, Covington
Contact and registration details
- Legal name
- Foundry Financial LLC
- Headquarters
- 479 S Marengo Ave, Pasadena, CA 91101
- Website
- foundryfinancial.org
- Phone
- 213-802-8662
- SEC file
- 801-133770
- Founded
- 2019
- Structure
- District of Columbia LLC
- Fiscal year end
- December
Foundry Financial’s named custodians for separately managed accounts are Fidelity ($119M, 55%) and Charles Schwab ($98.6M, 45%). Foundry Financial does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $98.6M45%
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $119M55%
At year end, Foundry Financial’s separately managed accounts were mostly in funds (87%). Its reported 13F holdings for the quarter ended 30 June 2026 total $297M across 86 positions; the largest are Dimensional ETF Trust (21.1%), Dimensional ETF Trust (7.8%) and Dimensional ETF Trust (6.4%).
What the accounts hold
- Stocks9%
- Exchange-traded equities8%
- Non-exchange-traded equities1%
- Funds87%
- Cash4%
How many clients does Foundry Financial have?
Foundry Financial has 184 clients and manages $233 million for them, as of September 2026. They include 103 individual clients and 81 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 29 September 2026
What services does Foundry Financial offer?
Foundry Financial provides financial planning, portfolio management for individuals and small businesses, selecting other managers, education planning, estate planning, insurance, philanthropic planning, retirement plan services, and tax planning.
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 Foundry Financial charge?
Foundry Financial charges 0.25%–1.25% a year for its Investment Management Fees. Each asset band is charged at its own rate. The fee is billed in arrears and is negotiable.
Source: 2026-03-12 FOUNDRY FINANCIAL FORM ADV PART 2A, filed 29 September 2026
Which custodians does Foundry Financial use?
Foundry Financial’s separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $119M and Charles Schwab & Co., Inc. (Westlake, TX), with $98.6M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 29 September 2026
How many financial advisors does Foundry Financial have?
Foundry Financial has 10 investment adviser representatives registered with state securities authorities, out of 13 employees, and 10 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 2 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 Foundry Financial invest in?
At the end of its last fiscal year, Foundry Financial’s separately managed accounts held 87% registered funds (mutual funds, ETFs, BDCs), 8% exchange-traded equities, 4% cash and equivalents and 1% non-exchange-traded equities.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Foundry Financial?
Foundry Financial’s direct owner is Kevin Lum (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 29 September 2026
How does Foundry Financial get paid?
Foundry Financial is paid through a percentage of assets under management 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
How do I contact Foundry Financial?
Foundry Financial’s main office is at 479 S Marengo Ave, Pasadena, CA 91101. Its phone number is 213-802-8662. Its website is foundryfinancial.org.
