{"url":"https://nivawealth.com/firms/global-financial-advisory-services-135234","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/135234","regulatoryAum":259257690,"crd":"135234","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"1677665","suffix":null,"lastName":"BREWER","firstName":"BARTON","middleName":"JAMES"},{"crd":"2679553","suffix":null,"lastName":"GARELICK","firstName":"DAVID","middleName":"SCOTT"},{"crd":"5382966","suffix":null,"lastName":"GARELICK","firstName":"PETER","middleName":"MARTIN"}],"total":3,"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":"2021-02-22","regulatoryAum":124423884,"clients":205,"employees":6,"offices":2},{"filedOn":"2022-03-21","regulatoryAum":154312473,"clients":246,"employees":6,"offices":2},{"filedOn":"2023-03-30","regulatoryAum":154416374,"clients":268,"employees":4,"offices":2},{"filedOn":"2024-02-29","regulatoryAum":195542342,"clients":288,"employees":5,"offices":2},{"filedOn":"2025-03-05","regulatoryAum":218367299,"clients":282,"employees":3,"offices":2},{"filedOn":"2026-02-25","regulatoryAum":259257690,"clients":296,"employees":3,"offices":2}],"secFileNumber":"801-117677","legalName":"Global Financial Advisory Services, Inc.","displayName":"Global Financial Advisory Services","slug":"global-financial-advisory-services-135234","website":"https://gbmi.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":"1997","organization":"California corporation","fiscalYearEnd":"December","headquarters":{"street":"23822 Valencia BLVD., Suite 304","city":"Valencia","state":"CA","stateName":"California","country":"United States","postalCode":"91355"},"tradeNames":[],"registration":{"secApproved":"26 November 2019","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":818122.8464285714,"staff":{"employees":3,"advisory":3,"brokerDealerReps":0,"insuranceAgents":3,"promoters":0},"aum":{"regulatory":259257690,"discretionary":222709181,"discretionaryAccounts":476,"nonDiscretionary":36548509,"nonDiscretionaryAccounts":183,"wrapProgram":null,"nonUsClientsPct":1,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":216,"regulatoryAum":62373601},{"label":"High-net-worth individuals","clients":64,"regulatoryAum":166700796},{"label":"Pension and profit-sharing plans","clients":16,"regulatoryAum":25252737},{"label":"Charitable organizations","clients":null,"fewerThan5":true,"regulatoryAum":4930556}],"feePrograms":[{"role":"other","program":"401(k) plan services","summary":"401(k) plan assets are billed at 1.00% on the first $250,000, 0.50% on the next $250,000, 0.40% on the next $500,000 and 0.30% above $1,000,000; American Funds plans are generally 0.50% a year.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1011793","versionId":1011793,"submittedOn":"2026-02-25","documentName":"2026-02-25 GLOBAL FINANCIAL ADVISORY SERVICES FORM ADV PART 2A"},{"role":"other","program":"Financial consulting services","summary":"Financial consulting is billed hourly at a rate not to exceed $250 per hour, in arrears, and may be negotiable.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1011793","versionId":1011793,"submittedOn":"2026-02-25","documentName":"2026-02-25 GLOBAL FINANCIAL ADVISORY SERVICES FORM ADV PART 2A"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed_no_numerical_schedule","checkedAt":"2026-10-22T13:16:21.273159+00:00","documents":[{"name":"2026-02-25 GLOBAL FINANCIAL ADVISORY SERVICES FORM ADV PART 2A","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1011793","versionId":1011793,"submittedOn":"2026-02-25"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":221631163}],"custodyNote":"Global Financial Advisory Services has custody of client assets.","otherCustodians":[],"leadership":[{"name":"David Garelick","title":"President / CEO & Chief Compliance Officer; Shareholder","crd":"2679553"}],"ownership":[{"label":"David Garelick","detail":"President / ceo & chief compliance officer; shareholder in the 75% or more ownership band and a control person, since March 1999."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"foreignOffices":[],"officesByState":[{"state":"California","offices":2,"addresses":[{"street":"23822 Valencia BLVD., Suite 304","city":"Valencia","headquarters":true},{"street":"15260 Ventura BLVD.","city":"Sherman Oaks"}]}],"brochureServices":["insurance","retirement plan services"],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"661-286-0044","stateRegisteredReps":3,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Other"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"1-10","assetMix":[{"label":"Exchange-traded equity securities","percent":5},{"label":"U.S. government/agency bonds","percent":3},{"label":"Securities issued by registered investment companies or business development companies","percent":91},{"label":"Cash and cash equivalents","percent":1}],"privateFunds":0},"sources":{"adv1FilingDate":"25 February 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/135234/PDF/135234.pdf","brochureDate":"25 February 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1011793","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 Global Financial Advisory Services have?","answer":"Global Financial Advisory Services has 296 clients and manages $259 million for them, as of February 2026. They include 216 individual clients, 64 high-net-worth individuals, and 16 pension and profit-sharing plans.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 25 February 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Global Financial Advisory Services offer?","answer":"Global Financial Advisory Services provides financial planning, portfolio management for individuals and small businesses, selecting other managers, insurance, and retirement plan services.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Global Financial Advisory Services use?","answer":"Global Financial Advisory Services’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $222M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 25 February 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Global Financial Advisory Services have?","answer":"Global Financial Advisory Services has 3 investment adviser representatives registered with state securities authorities, out of 3 employees, and 3 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 3 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Global Financial Advisory Services invest in?","answer":"At the end of its last fiscal year, Global Financial Advisory Services’ separately managed accounts held 91% registered funds (mutual funds, ETFs, BDCs), 5% exchange-traded equities, 3% U.S. government and agency bonds and 1% 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 Global Financial Advisory Services?","answer":"Global Financial Advisory Services’ direct owner is David Garelick (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 25 February 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Global Financial Advisory Services get paid?","answer":"Global Financial Advisory Services is paid through a percentage of assets under management, hourly charges and other compensation. 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 Global Financial Advisory Services?","answer":"Global Financial Advisory Services’ main office is at 23822 Valencia BLVD., Suite 304, Valencia, CA 91355. Its phone number is 661-286-0044. Its website is gbmi.com.","source":"Form ADV Part 1A, Item 1.F, filed 25 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."}