FORBES FINANCIAL PLANNING, INC.
Adviser information for FORBES FINANCIAL PLANNING, INC. last updated from Form ADV on March 29th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
Type of Organization | Corporation |
---|---|
Fiscal Year End | DECEMBER |
Legal Location | Rhode Island, United States |
Employees
Total Number of Employees | 4 |
---|---|
Investment Advisory/Research | 2 |
Registered Broker-Dealer Representatives | 0 |
Registered State Investment Advisers | 2 |
Licensed Agents of an Insurance Company | 1 |
No. of Firms/People that Solicit Clients | 0 |
RAUM
Provides Management of Securities Portfolios | Yes |
---|
Type | Accounts | RAUM |
---|---|---|
Discretionary | 851 | $176.1M |
Non-Discretionary | 0 | $0 |
Total | 851 | $176.1M |
Clients
Type | Number | RAUM |
---|---|---|
Individuals | 533 | $68.3M |
HNW Individuals | 318 | $107.9M |
Banking or thrift institutions | 0 | $0 |
Investment companies | 0 | $0 |
Business development companies | 0 | $0 |
Pooled investment vehicles | 0 | $0 |
Pension and profit sharing plans | 0 | $0 |
Charitable organizations | 0 | $0 |
State or municipal gov entities | 0 | $0 |
Other investment advisers | 0 | $0 |
Insurance companies | 0 | $0 |
Sovereign wealth funds and foreign official institutions | 0 | $0 |
Corporations or other businesses | 0 | $0 |
Other | 0 | $0 |
Type | Number |
---|---|
No. of Non-RAUM Clients | 7 |
No. of Non-U.S. Clients | 0 |
No. of Financial Planning Clients | 251-500 |
Services
Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPension consulting services |
---|---|
Compensation | % of AUMHourly chargesFixed fees |
Principal Office
660 MAIN STREETUNIT C-3
EAST GREENWICH
RI
United States
Monday - Friday, 9AM TO 5PM
Tel: 401-885-7300, Fax: 401-283-8362
Chief Compliance Officer
DANIEL FORBES
PRESIDENT
660 MAIN STREET
EAST GREENWICH
RI
United States
Tel:
401-885-7300
Fax:
401-283-8362
D******@*****************M
(Full email address available in API data)
Regulatory Contact
ANDREW KLICK
COMPLIANCE CONSULTANT
1 BRIDGE PLAZA NORTH
SUITE 675
FORT LEE
NJ
United States
Tel:
551-200-3325
A*****@******************M
(Full email address available in API data)
Industry Affiliates
FORBES INSURANCE AGENCY INC. | Insurance company or agency |
Private Funds
Name | Type | Assets $USD | Min Investment $USD | No. Owners |
---|
None
Control Persons
Name | Type | Entity | Title | Since | Ownership |
---|---|---|---|---|---|
FORBES, DANIEL, PATRICK | Individual | – | PRESIDENT/CCO | 03/2007 | > 75% |
No. Employees, Historic
RAUM, Historic
No. Clients, Historic
Holdings
From latest 13F, filed July 25th, 2024 for period ending June 30th, 2024
Name | Class | Value $USD | # Shares | Private Fund |
---|---|---|---|---|
AMAZON COM INC | COM | 560K | 3K | – |
AMGEN INC | COM | 200K | 641 | – |
APPLE INC | COM | 5M | 22K | – |
FIDELITY COVINGTON TRUST | VLU FACTOR ETF | 5M | 92K | – |
GOLDMAN SACHS ETF TR | ACTIVEBETA US LG | 2M | 22K | – |
ISHARES TR | 20 YR TR BD ETF | 456K | 5K | – |
ISHARES TR | CORE DIV GRWTH | 4M | 69K | – |
ISHARES TR | CORE S&P500 ETF | 11M | 20K | – |
ISHARES TR | CORE US AGGBD ET | 7M | 76K | – |
ISHARES TR | S&P SML 600 GWT | 3M | 20K | – |
ISHARES TR | U.S. UTILITS ETF | 299K | 4K | – |
ISHARES U S ETF TR | BLACKROCK SH DUR | 7M | 138K | – |
MICROSOFT CORP | COM | 825K | 2K | – |
SELECT SECTOR SPDR TR | ENERGY | 2M | 23K | – |
SELECT SECTOR SPDR TR | SBI HEALTHCARE | 4M | 28K | – |
SELECT SECTOR SPDR TR | TECHNOLOGY | 4M | 18K | – |
SPDR INDEX SHS FDS | PORTFOLIO EMG MK | 3M | 67K | – |
SPDR S&P 500 ETF TR | TR UNIT | 4M | 7K | – |
SPDR SER TR | PORTFOLIO INTRMD | 6M | 197K | – |
SPDR SER TR | S&P 600 SMCP GRW | 9M | 104K | – |
SPDR SER TR | S&P DIVID ETF | 5M | 38K | – |
SYSCO CORP | COM | 201K | 3K | – |
VANGUARD BD INDEX FDS | TOTAL BND MRKT | 4M | 52K | – |
VANGUARD INDEX FDS | GROWTH ETF | 367K | 982 | – |
VANGUARD INDEX FDS | SM CP VAL ETF | 8M | 46K | – |
VANGUARD INDEX FDS | TOTAL STK MKT | 8M | 31K | – |
VANGUARD INDEX FDS | VALUE ETF | 6M | 40K | – |
VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 7M | 92K | – |
VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 9M | 188K | – |
VISA INC | COM CL A | 237K | 904 | – |