Liberty Forge provides financial planning, portfolio management for individuals and small businesses, and selecting other managers. Financial planning was provided to 51–100 clients last fiscal year.
Liberty Forge reports 198 clients. They include 146 high-net-worth individuals and 52 individual clients. Of its assets, 100.0% ($251M across 358 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 26% | 5% |
| High-net-worth individuals | 74% | 95% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 52 | $12.5M | 5.0% | $241K |
| High-net-worth individuals | 146 | $238M | 95.0% | $1.63M |
| Total | 198 | $251M | 100% | $1.27M |
- Clients
- 52
- Regulatory AUM
- $12.5M
- AUM share
- 5.0%
- Avg. per client
- $241K
- Clients
- 146
- Regulatory AUM
- $238M
- AUM share
- 95.0%
- Avg. per client
- $1.63M
Total
- Clients
- 198
- Regulatory AUM
- $251M
- AUM share
- 100%
- Avg. per client
- $1.27M
- 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
- 51–100
Liberty Forge charges up to 1.85% a year for its Investment and Wealth Management. 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
- Retirement Plan Consulting
- Asset-based fee set in the advisory agreement and charged quarterly or monthly in advance or arrears on plan assets; no rate is stated.
- Stand-Alone Financial Planning
- Typically a fixed fee of $10,000, which may be negotiated based on scope and complexity, generally charged in advance.
Grant Parisi owns 25% to 50% of Liberty Forge. Scott Desantis is CEO; the leadership team includes President Grant Parisi, Chief Operating Officer Nicholas Allsop and Chief Compliance Officer Richard Chen. It has 9 employees, 5 of them in advisory roles.
Staff
- 9 employees
- 5 in advisory functions
- 4 state-registered reps
- 2 broker-dealer reps
- 4 insurance agents
- Owns 25% to 50% of Liberty Forge LLC
Grant Parisi
Control person · since June 2026
- Owns 25% to 50% of Liberty Forge LLC
Scott Desantis
Control person · since June 2026
Besides its headquarters, Liberty Forge has 0 offices, with 1 listed address in 1 state.
Massachusetts · 1 listed address
- 20 Newbury Street, Floor 3, BostonHQ
Other business names
Liberty Forge has reported 1 other business name to the SEC.
- Civic Financial
Contact and registration details
- Legal name
- Liberty Forge LLC
- Headquarters
- 20 Newbury Street, Floor 3, Boston, MA 02116
- Website
- Not reported
- Phone
- 617-239-9340
- SEC file
- 801-136732
- Structure
- Massachusetts LLC
- Fiscal year end
- December
Liberty Forge’s named custodian for separately managed accounts is Altruist ($251M). Liberty Forge does not have custody of client assets.
- AltruistAltruist Financial LLC · Dallas, TX · $251M100%
At year end, Liberty Forge’s separately managed accounts were mostly in funds (73%) and stocks (25%).
What the accounts hold
- Stocks25%
- Funds73%
- Bonds1%
- Cash1%
How many clients does Liberty Forge have?
Liberty Forge has 198 clients and manages $251 million for them, as of August 2026. They include 146 high-net-worth individuals and 52 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 25 August 2026
What services does Liberty Forge offer?
Liberty Forge provides financial planning, portfolio management for individuals and small businesses, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Liberty Forge charge?
Liberty Forge charges up to 1.85% a year for its Investment and Wealth Management. The fee is billed in advance and is negotiable.
Source: FORM ADV PART 2A DISCLOSURE BROCHURE, filed 25 August 2026
Which custodians does Liberty Forge use?
Liberty Forge’s separately managed account assets are held at Altruist Financial LLC (Dallas, TX), with $251M. 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 August 2026
How many financial advisors does Liberty Forge have?
Liberty Forge has 4 investment adviser representatives registered with state securities authorities, out of 9 employees, and 5 perform investment advisory functions. 2 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 Liberty Forge invest in?
At the end of its last fiscal year, Liberty Forge’s separately managed accounts held 73% registered funds (mutual funds, ETFs, BDCs), 25% exchange-traded equities, 1% state and local 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
Who owns Liberty Forge?
Liberty Forge’s direct owners are Grant Parisi and Scott Desantis, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 25 August 2026
How does Liberty Forge get paid?
Liberty Forge is paid through a percentage of assets under management, fixed fees and commissions. Its Form ADV lists no 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 Liberty Forge?
Liberty Forge’s main office is at 20 Newbury Street, Floor 3, Boston, MA 02116. Its phone number is 617-239-9340.