Seamount Financial Group provides financial planning, portfolio management for individuals and small businesses, pension consulting, education planning, estate planning, and insurance. Financial planning was provided to 1–10 clients last fiscal year.
Seamount Financial Group reports 501 clients. They include 304 individual clients, 181 high-net-worth individuals, and 14 pension and profit-sharing plans. Of its assets, 100.0% ($745M across 1,609 accounts) are managed with discretion. It advised 3 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 61% | 17% |
| High-net-worth individuals | 36% | 79% |
| Pension and profit-sharing plans | 3% | 3% |
| Corporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 304 | $130M | 17.5% | $428K |
| High-net-worth individuals | 181 | $590M | 79.1% | $3.26M |
| Pension and profit-sharing plans | 14 | $23.3M | 3.1% | $1.67M |
| Corporations and other businesses | Fewer than 5 | $1.97M | 0.3% | $986K |
| Total | 501 | $745M | 100% | — |
- Clients
- 304
- Regulatory AUM
- $130M
- AUM share
- 17.5%
- Avg. per client
- $428K
- Clients
- 181
- Regulatory AUM
- $590M
- AUM share
- 79.1%
- Avg. per client
- $3.26M
- Clients
- 14
- Regulatory AUM
- $23.3M
- AUM share
- 3.1%
- Avg. per client
- $1.67M
- Clients
- Fewer than 5
- Regulatory AUM
- $1.97M
- AUM share
- 0.3%
- Avg. per client
- $986K
Total
- Clients
- 501
- Regulatory AUM
- $745M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 3
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
Seamount Financial Group charges up to 1.25% a year for its Wealth Management Services. The fee is billed in advance, is negotiable and requires an account of at least $500,000. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial Planning
- Stand-alone financial planning is billed at an hourly fee of $500, negotiable depending on the scope and complexity of the plan.
Leon Colafrancesco owns 75% or more of Seamount Financial Group. The leadership team of Seamount Financial Group includes President Leon Colafrancesco and Chief Compliance Officer Aaron McLaughlin. It has 10 employees, 6 of them in advisory roles.
Staff
- 10 employees
- 6 in advisory functions
- 6 state-registered reps
- 6 broker-dealer reps
- 6 insurance agents
- Owns 75% or more of Seamount Financial Group Inc
Leon Colafrancesco
Control person · since December 1998
- Owns 5% to 10% of Seamount Financial Group Inc
Aaron McLaughlin
since March 2024
- Owns 5% to 10% of Seamount Financial Group Inc
Christopher Dorsett
since March 2024
Seamount Financial Group’s regulatory assets grew 1.6× from $468M (April 2021) to $745M (September 2026); clients rose from 454 to 501 and employees from 9 to 10.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Sep 2026September 2026 | $745M | 501 | 10 | 4 |
| Jun 2025June 2025 | $665M | 493 | 10 | 4 |
| Jun 2024June 2024 | $605M | 481 | 10 | 4 |
| Mar 2023March 2023 | $529M | 484 | 10 | 4 |
| Mar 2022March 2022 | $546M | 421 | 9 | 3 |
| Apr 2021April 2021 | $468M | 454 | 9 | 3 |
Besides its headquarters, Seamount Financial Group has 3 offices, with 4 listed addresses across 3 states.
California · 2 listed addresses
- 1111 Bayside Drive, Corona Del Mar
- 17542 East 17th Street, Tustin
Arizona · 1 listed address
- 14851 North Scottsdale Road, Scottsdale
Colorado · 1 listed address
- 90 So Cascade Avenue, Suite 970, Colorado SpringsHQ
Contact and registration details
- Legal name
- Seamount Financial Group Inc
- Headquarters
- 90 So Cascade Avenue, Suite 970, Colorado Springs, CO 80903
- Website
- seamountfinancial.com
- Phone
- 719-471-1171
- @seamount-financial-group-inc.
- SEC file
- 801-56412
- Founded
- 1999
- Structure
- Colorado corporation
- Fiscal year end
- December
Seamount Financial Group’s named custodian for separately managed accounts is LPL Financial ($681M). Seamount Financial Group does not have custody of client assets.
- LPL FinancialLPL Financial LLC · Fort Mill, SC · $681M100%
At year end, Seamount Financial Group’s separately managed accounts were mostly in funds (66%) and stocks (14%). Its reported 13F holdings for the quarter ended 30 June 2026 total $248M across 141 positions; the largest are Apple Inc. (6.4%), Capital Group Dividend Value (5.0%) and J P Morgan Exchange Traded F (4.5%).
What the accounts hold
- Stocks14%
- Funds66%
- Bonds10%
- U.S. government and agency bonds6%
- State and local bonds3%
- Investment grade corporate bonds1%
- Cash3%
- Other6%
- Annuities6%
Filed values cover 99%. The neutral 1% gap has no reported category.
How many clients does Seamount Financial Group have?
Seamount Financial Group has 501 clients and manages $745 million for them, as of September 2026. They include 304 individual clients, 181 high-net-worth individuals, and 14 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 17 September 2026
What services does Seamount Financial Group offer?
Seamount Financial Group provides financial planning, portfolio management for individuals and small businesses, pension consulting, education planning, estate planning, and insurance.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Seamount Financial Group charge?
Seamount Financial Group charges up to 1.25% a year for its Wealth Management Services. The fee is billed in advance, is negotiable and requires an account of at least $500,000.
Source: SEAMOUNT FINANCIAL GROUP INC ADV BROCHURE, filed 25 March 2026
Which custodians does Seamount Financial Group use?
Seamount Financial Group’s separately managed account assets are held at LPL Financial LLC (Fort Mill, SC), with $681M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 17 September 2026
How many financial advisors does Seamount Financial Group have?
Seamount Financial Group has 6 investment adviser representatives registered with state securities authorities, out of 10 employees, and 6 perform investment advisory functions. 6 employees are registered representatives of a broker-dealer and 6 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 Seamount Financial Group invest in?
At the end of its last fiscal year, Seamount Financial Group’s separately managed accounts held 66% registered funds (mutual funds, ETFs, BDCs), 14% exchange-traded equities, 6% U.S. government and agency bonds, 6% other, 3% state and local bonds, 3% cash and equivalents and 1% investment grade corporate bonds. The 6% other category is described as: Annuities.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does Seamount Financial Group have a minimum investment?
Yes, Seamount Financial Group’s minimum account size for its Wealth Management Services is $500K.
Source: SEAMOUNT FINANCIAL GROUP INC ADV BROCHURE, filed 25 March 2026
Who owns Seamount Financial Group?
Seamount Financial Group’s direct owners are Leon Colafrancesco (75% or more), Aaron McLaughlin (5% to 10%) and Christopher Dorsett (5% to 10%).
Source: Form ADV Part 1A, Schedules A and B, filed 17 September 2026
How does Seamount Financial Group get paid?
Seamount Financial Group 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
How do I contact Seamount Financial Group?
Seamount Financial Group’s main office is at 90 So Cascade Avenue, Suite 970, Colorado Springs, CO 80903. Its phone number is 719-471-1171. Its website is seamountfinancial.com.