Acorn Financial Advisory Services, Inc.

Acorn Financial Advisory Services, Inc. is a Registered Investment Adviser founded in 1996, based in Reston, VA. The firm offers personalized financial planning and investment management services to individuals, families, pension plans, trusts, and small businesses. They provide services such as financial coaching, estate planning, insurance planning, tax planning, and investment analysis. Acorn operates on a fee-for-service model, without charging commissions, and clients have full discretion over implementing recommendations. The firm manages approximately $1.23 billion in assets for around 2391 clients as of December 31, 2024. Clients can engage in services such as Financial Planning and Analysis, Annual Maintenance, Portfolio Management, and Subadvisory Contracts. The minimum initial account size for Portfolio Management is $1 million, with fees ranging from 0.125% to 1.7% annually based on the account value. AFAS does not serve as a custodian for client assets, and all assets are held at qualified custodians. The firm does not have any legal or disciplinary filings involving clients. AFAS does not automatically vote proxies on behalf of clients, and clients are expected to vote their own proxies. The firm has no financial impairment that would affect its ability to meet client commitments.