{"url":"https://nivawealth.com/firms/modern-financial-planning-297193","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/297193","regulatoryAum":116000000,"crd":"297193","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"6360031","suffix":null,"lastName":"HASLING","firstName":"BRYAN","middleName":"PATRICK"},{"crd":"5561352","suffix":null,"lastName":"TROXELL","firstName":"MICHAEL","middleName":"Logan"}],"total":2,"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"},"secFileNumber":"801-134822","legalName":"Modern Financial Planning, LLC","displayName":"Modern Financial Planning","slug":"modern-financial-planning-297193","website":"https://modernfp.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/297193/7e7fefdccce0a516-r1.webp","tone":"dark","width":653,"height":200,"sourceUrl":"https://www.modernfp.com","sourceLabel":"Modern Financial Planning, website"},"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/modern-financial-planning","founded":null,"organization":"California limited liability company","fiscalYearEnd":"December","headquarters":{"street":"501 South Austin Avenue, Suite 1220-312","city":"Georgetown","state":"TX","stateName":"Texas","country":"United States","postalCode":"78626"},"tradeNames":[],"registration":{"secApproved":"12 December 2025","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1611111.111111111,"staff":{"employees":2,"advisory":2,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":116000000,"discretionary":116000000,"discretionaryAccounts":305,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":23,"regulatoryAum":25000000},{"label":"High-net-worth individuals","clients":49,"regulatoryAum":91000000}],"feePrograms":[{"role":"main","program":"Investment Management Services","feeBasis":"marginal","fee_tiers":[{"to":500000,"pct":1.2,"from":0},{"to":1000000,"pct":0.9,"from":500000},{"to":2000000,"pct":0.8,"from":1000000},{"to":3000000,"pct":0.7,"from":2000000},{"to":null,"pct":0.35,"from":3000000}],"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1019364","versionId":1019364,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-03-16","documentName":"FORM ADV PART 2A","fee_rate_low":0.35,"fee_rate_high":1.2,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Project-Based Financial Planning","summary":"Fixed fees typically range from $500 to $8,000 per project, or hourly at $400 an hour billed in 15-minute increments.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1019364","versionId":1019364,"submittedOn":"2026-03-16","documentName":"FORM ADV PART 2A"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T16:04:20.828153+00:00","documents":[{"name":"FORM ADV PART 2A","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1019364","versionId":1019364,"submittedOn":"2026-03-16"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":116000000}],"custodyNote":"Modern Financial Planning does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Michael Troxell","title":"Principal Owner & Chief Compliance Officer","crd":"5561352"}],"ownership":[{"label":"Michael Troxell","detail":"Principal owner & chief compliance officer in the 75% or more ownership band and a control person, since April 2018."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Texas","offices":1,"addresses":[{"street":"501 South Austin Avenue, Suite 1220-312","city":"Georgetown","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"510-519-7009","stateRegisteredReps":2,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses"],"financialPlanningClients":"51-100","assetMix":[{"label":"Exchange-traded equity securities","percent":6},{"label":"Securities issued by registered investment companies or business development companies","percent":83},{"label":"Cash and cash equivalents","percent":11}],"privateFunds":0},"sources":{"adv1FilingDate":"16 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/297193/PDF/297193.pdf","brochureDate":"16 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1019364","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 Modern Financial Planning have?","answer":"Modern Financial Planning has 72 clients and manages $116 million for them, as of March 2026. They include 49 high-net-worth individuals and 23 individual clients.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 16 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Modern Financial Planning offer?","answer":"Modern Financial Planning 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":"How much does Modern Financial Planning charge?","answer":"Modern Financial Planning charges 0.35%–1.20% a year for its Investment Management Services. Each asset band is charged at its own rate. The fee is billed in arrears and is negotiable.","source":"FORM ADV PART 2A, filed 16 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Modern Financial Planning use?","answer":"Modern Financial Planning’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $116M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 16 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Modern Financial Planning have?","answer":"Modern Financial Planning has 2 investment adviser representatives registered with state securities authorities, out of 2 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Modern Financial Planning invest in?","answer":"At the end of its last fiscal year, Modern Financial Planning’s separately managed accounts held 83% registered funds (mutual funds, ETFs, BDCs), 11% cash and equivalents and 6% exchange-traded equities.","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 Modern Financial Planning?","answer":"Modern Financial Planning’s direct owner is Michael Troxell (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 16 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Modern Financial Planning get paid?","answer":"Modern Financial Planning 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Modern Financial Planning?","answer":"Modern Financial Planning’s main office is at 501 South Austin Avenue, Suite 1220-312, Georgetown, TX 78626. Its phone number is 510-519-7009. Its website is modernfp.com.","source":"Form ADV Part 1A, Item 1.F, filed 16 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."}