402 Financial

402 Financial is a fee‑only registered investment adviser that serves individuals (including high‑net‑worth clients), charitable organizations, and corporations, providing discretionary and non‑discretionary investment management as well as both project‑based and ongoing financial planning. The firm advises on equities, fixed income, mutual funds, ETFs and cash equivalents, and may refer clients to third‑party professionals without receiving referral compensation.

The firm’s investment process emphasizes asset allocation informed by Modern Portfolio Theory and often uses passive, index‑based funds to implement target allocations, while monitoring for overlap and manager consistency. It tailors plans to client goals and risk tolerance, integrates retirement, tax, estate and business planning, and offers values‑based options — including a Biblically Responsible Investing focus — and allows client‑imposed investment restrictions.

Noteworthy aspects include its recent formation in 2024 as a small, co‑founder‑led practice managing roughly $10.8 million for about two dozen clients and its stated lack of a minimum account size. The firm operates under a fiduciary, fee‑only model (no commissions or performance fees), employs at least one CFP® and a Certified Christian Financial Counselor on staff, and recommends institutional custodians (Altruist and Schwab) while permitting client‑directed brokerage.