Wealth manager, independent · Virginia Beach, VA
October Effect LTD.
SEC-registered investment adviser · CRD 281369 · SEC 801-132795
At a glance
October Effect LTD. is an SEC-registered investment adviser based in Virginia Beach, Virginia, with $146 million in regulatory assets under management as of its Form ADV filed June 25, 2026. Its largest client group by assets is individuals, and it reports 596 individual clients. By Form ADV it is a wealth manager, ranked 7,001st of 8,915 wealth managers and 13,834th of 17,210 SEC-registered advisers by assets.
Main office 757-390-3341financialplanning-vab.comAs filed on Form ADV
- Regulatory AUM
- $146M
- Rank among wealth managers
- #7,001 of 8,915
- Rank among all SEC RIAs
- #13,834 of 17,210
- Rank in Virginia
- #248 of 300
- Individual clients
- 596
- High-net-worth clients
- 22
- Accounts
- 597
- Discretionary
- 100% of AUM
- Employees
- 4
- Advisory staff
- 4
- Offices
- 3
Owners and executives on its Form ADV
- Frank D. TehelManaging Member/ CCO
Custody and brokerage
Broker-dealer
Hybrid RIA
October Effect LTD. is a hybrid RIA: 2 of its employees are also registered representatives of a broker-dealer. It names an affiliated broker-dealer: Gradient Securities, LLC.
- Gradient Securities, LLC
Its Form ADV brochure (filed June 2026) names Gradient Securities as the broker-dealer its advisers are registered with.
ents Investment Advisor Representatives of October Effect Ltd. receive external compensation for the sale of securities to clients as registered representatives of Gradient Securities, LLC, a broker-dealer and as licensed insurance agents.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Individuals | 574 | $99M | 68% |
| High-net-worth individuals | 22 | $46M | 32% |
| Investment companies | 1 | $0M | <1% |
Disciplinary disclosures
October Effect LTD. 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
- Performance-based fees
- Other
Form ADV and brochures on the SEC’s adviser search ↗financialplanning-vab.com ↗
AtlasMembers
The full record on October Effect LTD.
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, 1 years of filings
- Locked
- Growth over one, three and five years
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- Rank against 5,306 peers of its type and size
- Locked
- Owners and executives, with titles and stakes
- 1 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
- Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does October Effect LTD. manage?
October Effect LTD. reports $146 million in regulatory assets under management across 597 accounts, 100% of it on a discretionary basis, on its Form ADV filed June 25, 2026.
What kind of firm is October Effect LTD.?
October Effect LTD. is a wealth manager by its Form ADV answers. At least half of its regulatory assets are managed for individuals and high-net-worth individuals.
Who are October Effect LTD.’s clients?
By assets, its largest client types are individuals ($99 million, 574 clients); high-net-worth individuals ($46 million, 22 clients); investment companies ($317,519, 1 clients).
Does October Effect LTD. have any disciplinary history?
October Effect LTD. reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is October Effect LTD.’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 (2026-06-25), 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). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. 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 →