{"url":"https://nivawealth.com/firms/halberstadt-financial-consultants-109462","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/109462","regulatoryAum":185000000,"crd":"109462","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"6915335","suffix":null,"lastName":"CAVAGNARO","firstName":"BARBARA","middleName":"JEAN"},{"crd":"5326982","suffix":null,"lastName":"WALTER","firstName":"DANIEL","middleName":"LEV"},{"crd":"4388506","suffix":null,"lastName":"WALTER","firstName":"DAVID","middleName":null},{"crd":"6736347","suffix":null,"lastName":"Walter","firstName":"Jeremiah","middleName":"Zev"}],"total":4,"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":"2021-03-30","regulatoryAum":127570606,"clients":162,"employees":5,"offices":1},{"filedOn":"2022-05-03","regulatoryAum":135475188,"clients":171,"employees":5,"offices":1},{"filedOn":"2023-03-31","regulatoryAum":130121797,"clients":126,"employees":5,"offices":1},{"filedOn":"2024-03-27","regulatoryAum":136000000,"clients":154,"employees":5,"offices":1},{"filedOn":"2025-03-28","regulatoryAum":150000000,"clients":163,"employees":5,"offices":1},{"filedOn":"2026-03-31","regulatoryAum":185000000,"clients":158,"employees":5,"offices":1}],"secFileNumber":"801-57297","legalName":"Halberstadt Financial Consultants, Inc.","displayName":"Halberstadt Financial Consultants","slug":"halberstadt-financial-consultants-109462","website":null,"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"New Jersey corporation","fiscalYearEnd":"December","headquarters":{"street":"50 North Tulane St","city":"Princeton","state":"NJ","stateName":"New Jersey","country":"United States","postalCode":"08542-6912"},"tradeNames":[],"registration":{"secApproved":"25 May 2000","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1140127.3885350318,"staff":{"employees":5,"advisory":3,"brokerDealerReps":0,"insuranceAgents":1,"promoters":0},"aum":{"regulatory":185000000,"discretionary":122000000,"discretionaryAccounts":160,"nonDiscretionary":63000000,"nonDiscretionaryAccounts":177,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":1},"clientTypes":[{"label":"Individuals (other than HNW)","clients":89,"regulatoryAum":21000000},{"label":"High-net-worth individuals","clients":68,"regulatoryAum":158000000},{"label":"Pension and profit-sharing plans","clients":1,"fewerThan5":true,"regulatoryAum":6000000}],"feePrograms":[{"role":"other","program":"Financial planning and consulting","summary":"Financial planning and consulting fees are charged at $345.00 per hour, with a 2½ hour minimum for a project, and may be negotiable in certain circumstances.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1035535","versionId":1035535,"submittedOn":"2026-03-31","documentName":"HALBERSTADT FINANCIAL CONSULTANTS, INC. FIRM BROCHURE MARCH 2026"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed_no_numerical_schedule","checkedAt":"2026-10-22T12:03:30.98952+00:00","documents":[{"name":"HALBERSTADT FINANCIAL CONSULTANTS, INC. FIRM BROCHURE MARCH 2026","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1035535","versionId":1035535,"submittedOn":"2026-03-31"}]},"custodians":[{"name":"Charles Schwab","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":125988433}],"custodyNote":"Halberstadt Financial Consultants does not have custody of client assets.","leadership":[{"name":"David Walter","title":"President and Chief Compliance Officer","crd":"4388506"}],"ownership":[{"label":"David Walter","detail":"President and chief compliance officer in the 75% or more ownership band and a control person, since February 2000."}],"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"New Jersey","offices":1,"addresses":[{"street":"50 North Tulane St","city":"Princeton","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"609-921-0180","stateRegisteredReps":3,"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"],"financialPlanningClients":"1-10","assetMix":[{"label":"Exchange-traded equity securities","percent":20},{"label":"U.S. government/agency bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":77},{"label":"Cash and cash equivalents","percent":2}],"privateFunds":0},"sources":{"adv1FilingDate":"31 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/109462/PDF/109462.pdf","brochureDate":"31 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1035535","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 Halberstadt Financial Consultants have?","answer":"Halberstadt Financial Consultants has 158 clients and manages $185 million for them, as of March 2026. They include 89 individual clients, 68 high-net-worth individuals and 1 pension or profit-sharing plan.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Halberstadt Financial Consultants offer?","answer":"Halberstadt Financial Consultants 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":"Which custodians does Halberstadt Financial Consultants use?","answer":"Halberstadt Financial Consultants’ separately managed account assets are held at Charles Schwab (San Francisco, CA), with $126M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Halberstadt Financial Consultants have?","answer":"Halberstadt Financial Consultants has 3 investment adviser representatives registered with state securities authorities, out of 5 employees, and 3 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 Halberstadt Financial Consultants invest in?","answer":"At the end of its last fiscal year, Halberstadt Financial Consultants’ separately managed accounts held 77% registered funds (mutual funds, ETFs, BDCs), 20% exchange-traded equities, 2% cash and equivalents and 1% U.S. government and agency bonds.","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 Halberstadt Financial Consultants?","answer":"Halberstadt Financial Consultants’ direct owner is David Walter (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Halberstadt Financial Consultants get paid?","answer":"Halberstadt Financial Consultants 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":"Is Halberstadt Financial Consultants registered with the SEC?","answer":"Yes, Halberstadt Financial Consultants has been registered with the SEC as an investment adviser since 25 May 2000. Its CRD number is 109462 and its SEC file number is 801-57297.","source":"Form ADV Part 1A, Item 1, filed 31 March 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Halberstadt Financial Consultants?","answer":"Halberstadt Financial Consultants’ main office is at 50 North Tulane St, Princeton, NJ 08542-6912. Its phone number is 609-921-0180.","source":"Form ADV Part 1A, Item 1.F, filed 31 March 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."}