Independent Financial Advisors provides financial planning, portfolio management for individuals and small businesses, and pension consulting. Financial planning was provided to 26–50 clients last fiscal year.
Independent Financial Advisors reports 195 clients. They include 140 individual clients, 51 high-net-worth individuals, and 3 pension and profit-sharing plans. Of its assets, 96.8% ($130M across 460 accounts) are managed with discretion; $4.27M across 1 account is not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 72% | 29% |
| High-net-worth individuals | 26% | 67% |
| Pension and profit-sharing plans | 2% | 3% |
| Charitable organizations | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 140 | $39.2M | 29.1% | $280K |
| High-net-worth individuals | 51 | $90.6M | 67.3% | $1.78M |
| Pension and profit-sharing plans | Fewer than 5 | $4.63M | 3.4% | $1.54M |
| Charitable organizations | Fewer than 5 | $101K | 0.1% | $101K |
| Total | 195 | $134M | 100% | — |
- Clients
- 140
- Regulatory AUM
- $39.2M
- AUM share
- 29.1%
- Avg. per client
- $280K
- Clients
- 51
- Regulatory AUM
- $90.6M
- AUM share
- 67.3%
- Avg. per client
- $1.78M
- Clients
- Fewer than 5
- Regulatory AUM
- $4.63M
- AUM share
- 3.4%
- Avg. per client
- $1.54M
- Clients
- Fewer than 5
- Regulatory AUM
- $101K
- AUM share
- 0.1%
- Avg. per client
- $101K
Total
- Clients
- 195
- Regulatory AUM
- $134M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 26–50
Independent Financial Advisors charges 0.30%–1.00% a year for its Asset Management. Each asset band is charged at its own rate. The fee is billed in arrears, is negotiable and has a $2,000 annual minimum. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$250K | 1.00% |
| $250K–$500K | 0.90% |
| $500K–$1M | 0.80% |
| $1M–$2M | 0.70% |
| $2M–$3M | 0.60% |
| $3M–$4M | 0.50% |
| $4M–$5M | 0.40% |
| $5M and above | 0.30% |
Fee details and sources
Other fees
- Hourly planning engagements
- Limited-scope hourly planning is billed at $200 an hour.
Andrew Veach owns 50% to 75% of Independent Financial Advisors. The leadership team of Independent Financial Advisors includes President Andrew Veach and Chief Compliance Officer Clifford Veach. It has 4 employees, 2 of them in advisory roles.
Leadership
- Andrew VeachPresident
- Clifford VeachVice President, Chief Compliance Officer
- Eryn VeachSecretary/Treasurer
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
Staff
- 4 employees
- 2 in advisory functions
- 2 state-registered reps
- 1 soliciting firm
- Owns 50% to 75% of Independent Financial Advisors, Inc.
Andrew Veach
Control person · since January 2023
- Owns 25% to 50% of Independent Financial Advisors, Inc.
Clifford Veach
Control person · since January 1994
- Owns 5% to 10% of Independent Financial Advisors, Inc.
Eryn Veach
since January 2023
Independent Financial Advisors’ regulatory assets grew from $113M (July 2023) to $134M (February 2026); clients rose from 182 to 195 and employees from 2 to 4.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| February 2026 | $134M | 195 | 4 | 1 |
| March 2025 | $130M | 186 | 3 | 1 |
| March 2024 | $112M | 180 | 3 | 1 |
| July 2023 | $113M | 182 | 2 | 1 |
Besides its headquarters, Independent Financial Advisors has 0 offices, with 1 listed address in Arkansas.
Arkansas · 1 listed address
- 8412 Counts Massie Road, North Little RockHQ
Contact and registration details
- Legal name
- Independent Financial Advisors, Inc.
- Headquarters
- 8412 Counts Massie Road, North Little Rock, AR 72113
- Website
- veachfamilyfinancial.com
- Phone
- 501-753-0313
- @veach-family-financial
- SEC file
- 801-127773
- Structure
- Arkansas corporation
- Fiscal year end
- December
Independent Financial Advisors uses Charles Schwab ($128M) as custodian for its separately managed accounts. Independent Financial Advisors has custody of $47.2M in client assets for 52 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Orlando, FL · $128M100%
At year end, Independent Financial Advisors’ separately managed accounts were mostly in stocks (51%) and funds (42%).
What the accounts hold
- Stocks51%
- Funds42%
- Registered funds41%
- Pooled vehicles1%
- Bonds6%
- U.S. government and agency bonds3%
- Investment grade corporate bonds2%
- State and local bonds1%
- Cash2%
How many clients does Independent Financial Advisors have?
Independent Financial Advisors has 195 clients and manages $134 million for them, as of February 2026. They include 140 individual clients, 51 high-net-worth individuals, and 3 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 25 February 2026
What services does Independent Financial Advisors offer?
Independent Financial Advisors provides financial planning, portfolio management for individuals and small businesses, and pension consulting.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Independent Financial Advisors charge?
Independent Financial Advisors charges 0.30%–1.00% a year for its Asset Management. Each asset band is charged at its own rate. The fee is billed in arrears, is negotiable and has a $2,000 annual minimum.
Which custodians does Independent Financial Advisors use?
Independent Financial Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (Orlando, FL), with $128M. 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
How many financial advisors does Independent Financial Advisors have?
Independent Financial Advisors has 2 investment adviser representatives registered with state securities authorities, out of 4 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
What does Independent Financial Advisors invest in?
At the end of its last fiscal year, Independent Financial Advisors’ separately managed accounts held 51% exchange-traded equities, 41% registered funds (mutual funds, ETFs, BDCs), 3% U.S. government and agency bonds, 2% investment grade corporate bonds, 2% cash and equivalents, 1% state and local bonds and 1% pooled vehicles (private funds and similar).
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Independent Financial Advisors?
Independent Financial Advisors’ direct owners are Clifford Veach (25% to 50%), Andrew Veach (50% to 75%) and Eryn Veach (5% to 10%).
Source: Form ADV Part 1A, Schedules A and B, filed 25 February 2026
How does Independent Financial Advisors get paid?
Independent Financial Advisors is paid through a percentage of assets under management and hourly charges. 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 Independent Financial Advisors registered with the SEC?
Yes, Independent Financial Advisors has been registered with the SEC as an investment adviser since 28 April 2023. Its CRD number is 115798 and its SEC file number is 801-127773.
Source: Form ADV Part 1A, Item 1, filed 25 February 2026; IAPD firm record
How do I contact Independent Financial Advisors?
Independent Financial Advisors’ main office is at 8412 Counts Massie Road, North Little Rock, AR 72113. Its phone number is 501-753-0313. Its website is veachfamilyfinancial.com.