Wealth manager, independent · Fremont, CA
Morling Financial Advisors, LLC
SEC-registered investment adviser · CRD 111819 · SEC 801-100390
At a glance
Morling Financial Advisors, LLC is an SEC-registered investment adviser based in Fremont, California, with $1.0B in regulatory assets under management as of its Form ADV filed March 24, 2026. It reports 333 individual clients, 256 of them high-net-worth, holding an average of about $2.8 million each, and 21 employees. That ranks it 1058th among the nation’s 5,657 independent wealth management RIAs and 125th of 714 in California. It reports 2 custodians for its clients’ separately managed accounts: Fidelity and Charles Schwab.
Main office 844-667-5464morlingfinancialadvisors.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $1.0B
- Rank among independent wealth managers
- #1,058 of 5,657
- Rank among all SEC RIAs
- #5,243 of 17,210
- Rank in California
- #125 of 714
- Individual clients
- 333
- High-net-worth clients
- 256
- Accounts
- 1,413
- Discretionary
- 92% of AUM
- Employees
- 21
- Advisory staff
- 17
- Offices
- 4
Owners and executives on its Form ADV
- Victor J. HuangPartner
- Peter W. LingManaging Member
- Wa N. HuongManaging Member
- Matthew J. ShibataManaging Member, Chief Compliance Officer
Custody and brokerage
Broker-dealer
No broker-dealer ties
Morling Financial Advisors, LLC reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 256 | $895M | 86% |
| Pension and profit sharing plans | 1 | $86M | 8% |
| Individuals | 77 | $39M | 4% |
| Corporations or other businesses | 12 | $23M | 2% |
| Charitable organizations | 3 | $3M | <1% |
Disciplinary disclosures
Morling Financial Advisors, LLC reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Pension consulting
- Selecting other advisers
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗morlingfinancialadvisors.com ↗
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- Assets, accounts, clients and staff, ten years of filings
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in California
All of California →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Spinnaker Investment Group, LLCNewport Beach | $1.1B | 902 |
| Occidental Asset Management, LLCBurlingame | $1.1B | 908 |
| Schnieders Capital Management, LLC.Pasadena | $1.1B | 459 |
| Manchester Financial IncWestlake Village | $1.0B | 1,018 |
| Three Bridge Wealth AdvisorsLOS Altos | $1.0B | 71 |
| RPG Investment Advisory, LLCPleasanton | $1.0B | 953 |
Background
Questions
How much does Morling Financial Advisors, LLC manage?
Morling Financial Advisors, LLC reports $1.0B in regulatory assets under management across 1,413 accounts, 92% of it on a discretionary basis, on its Form ADV filed March 24, 2026.
How many clients does Morling Financial Advisors, LLC have?
It reports 333 individual clients: 256 high-net-worth individuals and 77 other individuals. Individuals account for about 89% of its regulatory assets.
Where is Morling Financial Advisors, LLC headquartered?
Its main office is in Fremont, California. It reports 4 offices in total and 21 employees, 17 of whom perform investment advisory functions.
How does Morling Financial Advisors, LLC charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; hourly charges; fixed fees. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does Morling Financial Advisors, LLC use?
It reports 2 custodians for its clients’ separately managed accounts: Fidelity and Charles Schwab. On Schedule D of its Form ADV filed March 24, 2026, it reports these amounts held: Fidelity ($414M); Charles Schwab ($383M). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Morling Financial Advisors, LLC a hybrid RIA with a broker-dealer?
Morling Financial Advisors, LLC reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Is Morling Financial Advisors, LLC a fiduciary?
As an SEC-registered investment adviser, Morling Financial Advisors, LLC owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. It reports no employees who are registered representatives of a broker-dealer.
Where these numbers come from
Every figure is Morling Financial Advisors, LLC’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-03-24), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Its national rank compares it with every US-based independent wealth management RIA, the same field as The Largest RIAs. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →