Black Coral Financial Advisors, LLC

Registered investment adviser · Mount Olive, NJ · CRD #154623

Form ADV data as of 2026-09-01

Regulatory assets

$504.4 million

Total accounts

785

Employees

Disclosure events

Firm details

Website: http://blackcoralfa.com
Telephone: 973-352-8600
SEC file number: 801-73107
Most recent Form ADV filing: 2026-02-24
SEC record: View this firm on the SEC's IAPD site

Disciplinary disclosures

This firm reports 1 disclosure question answered Yes, covering 1 reported events. Form ADV Item 11 covers charges and pending proceedings as well as findings, so a Yes answer is not itself a finding of wrongdoing. The underlying detail is filed with the SEC.

Another regulator found a violation of investment-related regulations or statutes

Assets and accounts

Provides continuous and regular supervisory or management services	Yes
Discretionary regulatory assets under management	$327.4 million
Non-discretionary regulatory assets under management	$177.0 million
Total regulatory assets under management	$504.4 million
Discretionary accounts	309
Non-discretionary accounts	476
Total accounts	785
Regulatory assets under management attributable to non-U.S. persons	$0

People

Total employees (excluding clerical)	6
Employees performing investment advisory functions (including research)	4
Employees who are registered representatives of a broker-dealer	0
Employees registered as investment adviser representatives with a state	4
Employees registered as IARs for another investment adviser	0
Employees who are licensed insurance agents	3
Firms or persons who solicit advisory clients on the firm's behalf	0

Custody

Has custody of client cash or bank accounts	No
Has custody of client securities	No
A related person has custody of client cash or bank accounts	No
A related person has custody of client securities	No
The firm acts as a qualified custodian	No
A related person acts as a qualified custodian	No

How the firm is compensated

A percentage of assets under managementFixed fees (other than subscription fees)

Advisory services offered

Financial planning servicesPortfolio management for individuals and/or small businessesSelection of other advisers (including private fund managers)Educational seminars/workshops

Other business activities

Insurance broker or agentAccountant or accounting firm

Reported conflicts of interest

Form ADV Items 8 asks advisers to disclose arrangements that may create a conflict with client interests. This firm answered Yes to:

Recommends brokers or dealers to clients
Receives soft dollar benefits

Client types

Type of client	Clients	Assets
High net worth individuals	88	$504.4 million