OCTOBER EFFECT LTD.

RIASEC RegisteredEst. 2025

Total AUM

$139M

Discretionary

$139M

100% of AUM

Avg account

$241K

Accounts

577

Employees

Advisory reps

Firm details

Headquarters: VIRGINIA BEACH, Virginia
CRD number: 281369
Registered since: May 16, 2025
Website: www.financialplanning-vab.com
Custodians: CHARLES SCHWAB & CO., INC., ABSOLUTE CAPITAL
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees, Performance Based Fees, Other
Client types: Individuals71.33%
HNWI28.21%
Pension & Profit Sharing Plans0.46%
Services: Financial PlanningPortfolio Management for IndividualsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

October Effect Ltd. is a privately owned corporation that positions itself as a capital allocator for both individual/family and institutional clients. The firm registered with the SEC in 2025 and lists a mix of advisory services that include financial planning, portfolio management for individuals and small businesses, pension consulting, and the selection of other advisers. Its fee offerings are flexible, spanning percentage-of-AUM, hourly, fixed-fee, performance-based, and other arrangements. The firm does not identify as an active ESG investor and is not designated a multi-state adviser. It reports relationships or affiliations with broker-dealers, accounting firms, and insurance companies, and the firm’s ownership is held by an individual. October Effect Ltd. also describes itself as a capital allocator, indicating a practice of directing client capital to third-party managers in addition to direct portfolio management.