Ares Financial Consulting Llc
- Regulatory AUM
- $244M
- Discretionary
- $244M
- Clients
- 289
- Avg AUM / client
- $844K
- Accounts
- 892
- Employees
- 5
AUM over time
Annual snapshots from Form ADV filings · as of May 14, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 243 | $77.3M | 31.7% |
| High net worth individuals | 46 | $166M | 68.3% |
| Charitable organizations | Fewer than 5 clients | $129K | 0.05% |
People (4)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Jeffrey T Richter | Ceo And Cco | Jan 2016 (11y) | 75% or more | |
| Nils Roger Wickman | Registered representative | CFP | Aug 2017 (9y) | |
| Michael Thomas Lambrakis | Registered representative | CFP | Oct 2024 (2y) | |
| Brittney Erin Kolesar | Registered representative | CFP | Mar 2026 (0y) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 05/14/2026 | 1.05 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Hourly charges
- • Fixed fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Pension consulting services
- • Selection of other advisers
Custody
Reported custodians
- Fidelity Brokerage Services $116M (48% of AUM) May 2026
- Charles Schwab & Co. $81.9M (34% of AUM) May 2026
- Mtg, Llc $39.9M (16% of AUM) May 2026
- Capital Bank And Trust Company $6.2M (3% of AUM) May 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: May 14, 2026.
View current Form ADV (SEC/IAPD) ↗