View Document Text
Item 1: Cover Page
FORM ADV PART 2A - FIRM BROCHURE
LONGVIEW FINANCIAL ADVISORS, LLC
March 25, 2025
4040 Civic Center Drive · Suite 200 PMB #3420 · San Rafael, CA 94903 · Phone (415) 256-7700 · www.longviewfin.com
This Brochure provides information about the qualifications and business practices of Longview Financial Advisors, LLC. If you
have any questions about the contents of this Brochure, please contact us at (415) 256-7700 or advice@longviewfin.com. The
information in this Brochure has not been approved or verified by the United States Securities and Exchange Commission or
by any state securities authority.
Additional information about Longview Financial Advisors. is also available via the SEC’s web site www.adviserinfo.sec.gov.
Our IARD number to search the SEC site is 291192.
1
Item 2 Material Changes
Annual Update
When material changes occur, we will amend this Disclosure Brochure to reflect the changes. If a material change
occurs in the business practices of our Firm, an updated Disclosure Brochure or a Summary of the Material Changes
with an offer of a complete Disclosure Brochure will be provided to clients. You will receive a summary of material
changes to this and subsequent Brochures within 120 days of the close of our fiscal year, and we may provide other
ongoing disclosure updates, as necessary.
Material Changes since the Last Update
Since Longview’s last Annual Updating Amendment of March 27, 2024, there have been no material changes.
Full Brochure Available
We will provide you with a new Brochure, as needed, at any time without charge. Our Brochure may be requested
at any time by contacting us at (415) 256-7700 or advice@longviewfin.com.
2
Item 3 Table of Contents
ITEM 1: COVER PAGE ............................................................................................................................................................ 1
ITEM 2 MATERIAL CHANGES. ................................................................................................................................................ 2
ITEM 3 TABLE OF CONTENTS ................................................................................................................................................. 3
ITEM 4 ADVISORY BUSINESS .................................................................................................................................................. 4
ITEM 5 - FEES AND COMPENSATION...................................................................................................................................... 4
ITEM 6 PERFORMANCE FEES ................................................................................................................................................. 6
ITEM 7 TYPES OF CLIENTS ..................................................................................................................................................... 6
ITEM 8 METHODS OF ANALYSIS, INVESTMENT STRATEGIES AND RISK OF LOSS ....................................................................... 6
ITEM 9 DISCIPLINARY INFORMATION ..................................................................................................................................... 8
ITEM 10 OTHER FINANCIAL INDUSTRY ACTIVITIES AND AFFILIATIONS ..................................................................................... 8
ITEM 11 CODE OF ETHICS, PARTICIPATION OR INTEREST IN CLIENT TRANSACTIONS AND PERSONAL TRADING ........................ 9
ITEM 12 BROKERAGE PRACTICES ......................................................................................................................................... 10
ITEM 13 REVIEW OF ACCOUNTS .......................................................................................................................................... 12
ITEM 14 CLIENT REFERRALS AND OTHER COMPENSATION ................................................................................................... 13
ITEM 15 CUSTODY .............................................................................................................................................................. 13
ITEM 16 INVESTMENT DISCRETION ..................................................................................................................................... 14
ITEM 17 VOTING CLIENT SECURITIES ................................................................................................................................... 14
ITEM 18 FINANCIAL INFORMATION ..................................................................................................................................... 14
3
Item 4 Advisory Business
Longview Financial Advisors, LLC. (“Longview” or “the Firm”) was founded in 2018. The principal owner of the firm
is Timothy C. Harrington.
Investment Management and Advisory Services
Longview provides personalized financial planning and investment management to individuals, pension and profit-
sharing plans, trusts, estates, charitable organizations, and small businesses. In many cases, financial planning is
part of the investment advisory services. We provide investment services in accordance with the investment
objectives of each client. We assess client goals, resources, and risk tolerance at the outset, to develop a set of
guidelines applied to account management on a discretionary basis. We evaluate investment objectives and goals
in the course of client reviews, and in the interim when clients bring changes in their circumstances to our attention.
Longview provides investment advice and makes final investment decisions and brokerage selection under a limited
power of attorney. The client always maintains asset control as their accounts are held by a qualified custodian.
Longview does not take custody of or act as a custodian of client assets.
Longview also provides investment advisory services to institutional ERISA retirement plans that assists plan
sponsors in creating processes documentation that allows them to meet their fiduciary obligations. These services
may include the development of an investment policy statement, plan reviews, plan fee/cost reviews, vendor
selection, assessment of investments and participant education. For these types of accounts, in very limited
circumstances, Longview may provide investment management services on a non-discretionary basis, which means
Longview will manage the clients’ accounts as the Firm does for its discretionary clients as described above, except
Longview will consult with the client prior to implementing any investment recommendation.
Longview does not participate in a wrap fee program.
As of February 23, 2025, Longview had a total of $351,244,265 in assets under management. Of that total,
$293,508,116 in assets were managed on a discretionary basis and $57,736,149 were managed on a non-
discretionary basis.
Item 5 - Fees and Compensation
The client’s agreement establishes the specific manner in which Longview charges fees.
Investment Management and Advisory Services
Longview bases its fees on a percentage of assets under management. Longview bills its clients quarterly in arrears
based on the net market value of managed assets on the last calendar day of the prior quarter.
4
Clients are charged an annual management fee based on account size according to the following schedule:
Annualized Investment Management Fees
•
•
•
•
•
For the first $1,000,000 of assets under management, the annual percentage fee
is 1.00% of these assets.
For assets under management greater than $1,000,000 and up to $2,000,000, the
fee is 0.75% of these assets.
For assets under management greater than $2,000,000 and up to $5,000,000, the
fee is 0.50% of these assets.
For assets under management greater than $5,000,000 and up to $10,000,000,
the fee is 0.40% of these assets.
For assets under management over $10,000,000, the fee is negotiable. For
accounts under $500,000, a minimum annual fee of $5,000 may apply.
This means that if your annual fee is 1.00%, then each quarter we will multiply the value of your account by 1.00%,
then divide by 4 to calculate our fee, with adjustments made for flows in and out during the quarter. In calculating
the market value of a client’s assets, assets allocated to cash or a cash proxy, such as a money market account, will
be included in the calculation of assets under management.
Upon termination, fees will be billed on a pro rata basis for the portion of the quarter completed. The portfolio
value at the date of termination is used as the basis for the fee computation, adjusted for the number of days during
the billing quarter prior to termination. Investment management fees are negotiable at Longview’s sole discretion.
Longview does not deduct fees from clients’ assets without their explicit written authorization.
Financial Planning Services Fees. Financial planning services are generally included in the above-referenced
Investment Management fee schedule. In rare cases, with prior client agreement, Longview may charge an
additional fee for financial planning services for consultation and advice provided beyond the normal scope of
advisory services described above. These fees are negotiable and will vary depending on the complexity of the
services provided.
Mutual Fund and Exchange Traded Fund (ETFs) Fees. All fees paid to Longview for investment advisory services are
separate and distinct from the fees and expenses charged by mutual funds and exchange traded funds to their
shareholders. Each fund’s prospectus describes their fees and expenses. These fees will generally include a
management fee, other fund expenses, and possibly a distribution fee. Longview typically uses no-load, or load
waived mutual funds in client portfolios to avoid initial or deferred sales charges that might otherwise be present.
A client could invest in a mutual fund directly without the services of Longview. Accordingly, the client should review
both the fees charged by the funds, and the fees charged by Longview, to understand fully the total amount of fees
the client will pay and to evaluate our advisory services.
Transaction Costs and Brokerage Fees. All fees paid to Longview for investment advisory services are separate and
distinct from transaction fees charged by broker dealers associated with the purchase and sale of equity securities
and mutual funds. Please see the section of this Brochure titled “Brokerage Practices” for a description of the factors
5
that Longview considers in selecting or recommending broker-dealers for client transactions and determining the
reasonableness of their compensation (e.g., commissions).
Other Fees. All fees paid to Longview for investment advisory services are separate and distinct from service charges
or account maintenance fees that may be charged by custodians. As described in more detail below in the section
of this Brochure titled “Brokerage Practices,” Schwab does not charge separately for custody services for Longview
client accounts maintained in its custody.
Neither Longview nor any individual acting on behalf of Longview accepts compensation for the sale of securities
or other investment products to our clients.
Item 6 Performance Fees
Longview does not charge any performance-based fees (fees based on a share of capital gains on or capital
appreciation of the assets of a client).
Item 7 Types of Clients
Longview generally provides investment advice to individuals, pension and profit-sharing plans, trusts, estates,
charitable organizations, and corporations or business entities. Client relationships vary in scope and length of
service.
Longview generally requires a minimum of $2 million in managed assets for new advisory client relationships. At
Longview’s sole discretion, account minimums may be waived.
Item 8 Methods of Analysis, Investment
Strategies and Risk of Loss
Investment Strategies. Portfolio strategies may include long-term purchases, short-term purchases, and margin
transactions. The primary investment strategy used in client accounts is strategic asset allocation with an evidence-
based approach. We use Dimensional Funds Advisors funds and passively managed index and exchange-traded
funds as core investments and then add actively managed funds when in the Adviser’s opinion a more suitable
passive investment does not exist. Portfolios are globally diversified to manage the risk associated with traditional
markets.
The investment strategy for a specific client is based upon the objectives stated by the client during consultations.
The client may change these objectives at any time. Each client is asked to execute an Investment Policy Statement
that documents their objectives and their desired investment strategy. The Adviser’s strategies do not involve
frequent trading.
6
The core investment strategy is based on “three factor analysis” commonly referred to as Fama-French three factor
analysis (named after the academics who did the original research) and is generally tilted toward small cap and
value stocks. Longview also invests in companies domiciled outside the US and alternative investments through
mutual funds and exchange traded funds. Longview primarily relies upon the financial press for information and
has no source of inside information. Longview subscribes to academic research, fund company research, and to
various publications and information services such as Morningstar, Financial Planning Magazine, Investment News,
The Wall Street Journal, and others. Longview principals also attend various meetings and conferences throughout
the year to keep current on issues such as investments, tax, and retirement plans. While Longview takes a long-
term investment approach, accounts are set up to allow for short-term liquidity. Leverage (margin borrowing) is
not employed as an investment strategy but is often added to accounts as a feature to enable some convenience
for client cash flow, expenses, securities settlement differences and tax management issues.
Market, Security and Regulatory Risks.
Risk of Loss. Investing in securities involves the risk of loss that clients should be prepared to bear, and there is no
guarantee that the investment strategies implemented by Longview on behalf of clients will meet client objectives.
Certain investment strategies may impose more risk than others due to the type and/or concentration of securities
in the portfolio. A summary of some material risks involved in the investment strategies recommended by Longview
is presented below.
Market Risk: The price of a security, bond, or mutual fund may drop in reaction to tangible and intangible events
and conditions. This type of risk is caused by external factors independent of a security’s particular underlying
circumstances. For example, political, economic, and social conditions may trigger market events.
Inflation Risk: When any type of inflation is present, a dollar today will not buy as much as a dollar next year, because
purchasing power is eroding at the rate of inflation.
Currency Risk: Overseas investments are subject to fluctuations in the value of the dollar against the currency of
the investment’s originating country. This is also referred to as exchange rate risk.
Reinvestment Risk: This is the risk that future proceeds from investments may have to be reinvested at a potentially
lower rate of return (i.e., interest rate). This primarily relates to fixed income securities.
Business Risk: These risks are associated with a particular industry or a particular company within an industry. For
example, oil-drilling companies depend on finding oil and then refining it, a lengthy process, before they can
generate a profit. They carry a higher risk of profitability than an electric company, which generates its income from
a steady stream of customers who buy electricity no matter what the economic environment is like.
Liquidity Risk: Liquidity is the ability to readily convert an investment into cash. Generally, assets are more liquid if
many traders are interested in a standardized product. For example, Treasury Bills are highly liquid, while real estate
properties are not.
7
Financial Risk: Excessive borrowing to finance a business’ operations increases the risk of profitability, because the
company must meet the terms of its obligations in good times and in bad times. During periods of financial stress,
the inability to meet loan obligations may result in bankruptcy and/or a declining market value.
Small- and Mid-Cap Risk: Longview may recommend investment strategies involving smaller and mid-size
companies whose securities tend to be more volatile and less liquid than securities of larger companies.
Credit and Interest Rate Risk: The market value of debt securities is affected by changes in prevailing interest rates
and the perceived credit quality of the issuer. When prevailing interest rates fall or perceived credit quality
improves, the market value of the affected debt securities generally rises. Conversely, when interest rates rise or
perceived credit quality weakens, the market value of the affected debt securities generally declines.
Currency & Foreign Securities Risk: Longview’s investment strategies may include recommending mutual funds that
are permitted to buy and sell securities that are denominated in or tied to the currencies of the countries in which
they are primarily traded. Foreign securities from a particular country or region may be subject to currency
fluctuations and controls or adverse political, social, economic, or other developments that are unique to that
country or region. The currency risk may or may not be hedged, depending upon a manager’s preference.
Depending upon the client need and investment mandate, Longview will evaluate the applicable risks and attempt
to structure clients’ portfolios in a manner consistent with their risk tolerance.
Item 9 Disciplinary Information
Registered investment advisers are required to disclose all material facts regarding any legal or disciplinary events
that would be material to your evaluation of Longview or the integrity of Longview’s management. We have no
information to disclose.
Item 10 Other Financial Industry Activities and
Affiliations
Neither Longview nor any associated person of Longview, is registered, or has an application pending to register,
as a broker-dealer or a registered representative of a broker-dealer.
Neither Longview nor any associated person is registered, or has an application pending to register, as a futures
commission merchant, commodity pool operator, a commodity trading advisor or an associated person of a futures
commission merchant, commodity pool operator or a commodity trading advisor.
Clients are under no obligation to act upon any recommendations of the associated persons or effect any
transactions through the recommended firm if they decide to follow the recommendations, nor are they obligated
to transact brokerage business through our firm if they choose to follow our recommendations. Members of
8
Longview do not receive, directly or indirectly, compensation from investment advisors that it recommends or
selects for its clients.
Item 11 Code of Ethics, Participation or Interest
in Client Transactions and Personal Trading
Code of Ethics
Longview has adopted a Code of Ethics which establishes standards of conduct for the Firm’s supervised persons.
The Code of Ethics includes general requirements that such supervised persons comply with their fiduciary
obligations to clients and applicable securities laws, and specific requirements relating to, among other things,
personal trading, insider trading, conflicts of interest and confidentiality of client information. The Code of Ethics
requires supervised persons to report their personal securities transactions and holdings quarterly to the Chief
Compliance Officer (CCO) and requires the CCO to review those reports. It also requires supervised persons to
report any violations of the Code of Ethics promptly to the CCO.
Each employee of Longview is required to acknowledge the Code of Ethics in writing upon employment and upon
revision. Clients and prospective clients may obtain a copy of the Code of Ethics by contacting the CCO. Under the
Code of Ethics, the Firm’s managers, members, officers, and employees may invest personally in securities of the
same classes as are purchased for clients and may own securities of the issuers whose securities are subsequently
purchased for clients.
If an issue is purchased or sold for clients and any of the Adviser, managers, members, officers, and employees on
the same day purchase or sell the same security, either the clients and the Adviser, managers, members, officers,
or employees shall receive or pay the same price, or the clients shall receive a more favorable price. Longview and
its managers, members, officers, and employees may also buy or sell specific securities for their own accounts
based on personal investment considerations, which the Firm does not deem appropriate to buy or sell for clients.
Clients and prospective clients may obtain a copy of Adviser’s Code of Ethics by contacting the CCO. The firm will
provide a copy of the Code of Ethics to any client or prospective client upon request.
Participation or Interest in Client Transactions and Personal Trading
Under the Firm’s Code of Ethics, Longview employees may invest personally in securities of the same classes as are
purchased for clients and may own securities of the issuers whose securities are subsequently purchased for clients.
If an issue is purchased or sold for clients and any Longview employees on the same day purchase or sell the same
security, either the clients and the Adviser, managers, members, officers, or employees shall receive or pay the
same price, or the clients shall receive a more favorable price. Longview employees may also buy or sell specific
securities for their own accounts based on personal investment considerations which Longview does not deem
appropriate to buy or sell for clients.
The Chief Compliance Officer of Longview is Colleen Harrington. She reviews all employee trades each quarter
(except for her own trading activity that is reviewed by another Access Person of the Adviser). The personal trading
9
reviews ensure that the personal trading of employees does not affect the markets and that clients of the firm
receive preferential treatment.
Item 12 Brokerage Practices
Recommendation of Broker-Dealer
Longview does not maintain custody of client assets, though Longview may be deemed to have custody if a client
grants Longview authority to debt fees directly from their account (see Item 15 below). Assets will be held with a
qualified custodian, which is typically a bank or broker dealer. Longview recommends that investment accounts be
held in custody by Schwab Advisor Services (“Schwab”), which is a qualified custodian. Longview is independently
owned and operated and is not affiliated with Schwab. Schwab will hold your assets in a brokerage account and buy
and sell securities when Longview instructs them to, which Longview does in accordance with its agreement with
you. While Longview recommends that you use Schwab as custodian/broker, you will decide whether to do so and
will open your account with Schwab by entering into an account agreement directly with them. Longview does not
open an account for you, although Longview may assist you in doing so. Even though your account is maintained at
Schwab, we can still use other brokers to execute trades for your account as described below (see “Your brokerage
and custody costs”).
How we select brokers/custodians
We seek to recommend a custodian/broker that will hold your assets and execute transactions on terms that are,
overall, most advantageous when compared with other available providers and their services. We consider a wide
range of factors, including both quantitative (ex: costs) and qualitative (ex: execution, reputation, service) factors.
We do not consider whether Schwab or any other broker-dealer/custodian refers clients to Longview as part of our
evaluation of these broker-dealers.
Your brokerage and custody costs
For our clients’ accounts that Schwab maintains, Schwab generally does not charge you separately for custody
services but is compensated by its use of cash balances and charging you commissions or other fees on trades that
it executes or that settle into your Schwab account. In addition to commissions, Schwab charges you a flat dollar
amount as a “prime broker” or “trade away” fee for each trade that we have executed by a different broker-dealer
but where the securities bought or the funds from the securities sold are deposited (settled) into your Schwab
account. These fees are in addition to commission or other compensation you pay the executing broker-dealer.
Because of this, to minimize your trading costs, we have Schwab execute most trades for your account. We have
determined that having Schwab execute most trades is consistent with our duty to seek “best execution” of your
trades. Best execution means the most favorable terms for a transaction based on all relevant factors, including
those listed above (see “How we select brokers/custodians”).
10
Products and services available to us from Schwab
Schwab Advisor Services™ is Schwab’s business serving independent investment advisory firms like Longview. They
provide Longview and our clients with access to its institutional brokerage services (trading, custody, reporting, and
related services), many of which are not typically available to Schwab retail customers. Schwab also makes available
various support services. Some of those services help Longview manage or administer our clients’ accounts, while
others help Longview manage and grow our business. Schwab’s support services are generally available on an
unsolicited basis (we don’t have to request them) and at no charge to Longview. The following is a more detailed
description of Schwab’s support services:
Services that benefit you
Schwab Advisor Services’ brokerage services include access to a broad range of investment products, execution of
securities transactions, and custody of client assets. The investment products available through Schwab include
some to which we might not otherwise have access or that would require a significantly higher minimum initial
investment from our clients. Schwab’s services described in this paragraph generally benefit you and your account.
Services that may not directly benefit you.
Schwab also makes available to us other products and services that benefit us but may not directly benefit you or
your account. These products and services assist us in managing and administering our clients’ accounts. They
include investment research, both Schwab’s own and that of third parties. We may use this research to service all
or a substantial number of our clients’ accounts, including accounts not maintained at Schwab. In addition to
investment research, Schwab also makes available software and other technology that:
• Provide access to client account data (such as duplicate trade confirmations and account statements)
• Facilitate trade execution and allocate aggregated trade orders for multiple client accounts
• Provide pricing and other market data
• Facilitate payment of our fees from our clients’ accounts
• Assist with back-office functions, recordkeeping, and client reporting
Services that generally benefit only us.
Schwab also offers other services intended to help us manage and further develop our business enterprise. These
services include:
• Educational conferences and events
• Consulting on technology, compliance, legal, and business needs
• Publications and conferences on practice management and business succession
• Access to employee benefits providers, human capital consultants, and insurance providers
Schwab may provide some of these services itself. In other cases, it will arrange for third-party vendors to provide
the services to us. Schwab may also discount or waive its fees for some of these services or pay all or a part of a
11
third party’s fees. Schwab may also provide us with other benefits, such as occasional business entertainment for
our personnel.
Our interest in Schwab’s services
The availability of these services from Schwab benefits us because we do not have to produce or purchase them.
We don’t have to pay for Schwab’s services. These services are not contingent upon us committing any specific
amount of business to Schwab in trading commissions or assets in custody. We may have an incentive to
recommend that you maintain your account with Schwab, based on our interest in receiving Schwab’s services that
benefit our business rather than based on your interest in receiving the best value in custody services and the most
favorable execution of your transactions. This is a potential conflict of interest. We believe, however, that our
selection of Schwab as custodian and broker is in the best interests of our clients. Our selection is primarily
supported by the scope, quality, and price of Schwab’s services (see “How we select brokers/ custodians”) and not
Schwab’s services that benefit only us.
We do not consider whether Schwab or any other broker-dealer/custodian refers clients to Longview as part of our
evaluation of these broker-dealers.
Aggregating Trades
Commission costs per client may be lower on a particular trade if all clients whose accounts the trade is to be made
are executed at the same time. This is called aggregating trades. Instead of placing several trades for the same
security for each account, we will, when appropriate, execute one trade for all accounts and then allocate the trades
to each account after execution. If an aggregate trade is not fully executed, the securities will be allocated to client
accounts on a pro rata basis, except when doing so would create an unintended adverse consequence (For example,
if a pro rata division would result in a client receiving a fraction of a share, or a position in the account of less than
1%.). Schwab does not provide Longview clients with a decreased commission rate for aggregated trades.
Item 13 Review of Accounts
Periodic Reviews
Longview continuously monitors the underlying securities within all advisory accounts. In addition, Longview
reviews the accounts no less frequently than quarterly in the context of each client's stated investment objectives
and guidelines, ensuring that the structure of the portfolio is consistent with these objectives.
Review Triggers
Material changes in variables such as the client's individual circumstances or the market, political, or economic
environment may trigger more frequent reviews. The reviewer is Timothy C. Harrington (Managing Member).
12
Regular Reports
Individually managed accounts receive monthly account statements from the custodian and quarterly reports from
Longview. Clients are urged to compare the Longview reports to the statements they receive from the custodian.
Longview’s quarterly reports include a listing of all values of assets managed by Longview plus performance reviews
of each asset. The quarterly reports may also include graphs showing the allocation of assets by type in the client
portfolio.
Item 14 Client Referrals and Other
Compensation
Longview has no arrangements, oral or in writing, where it directly or indirectly compensates any person for client
referrals. Longview does not accept referral fees or any form of remuneration from other professionals when a
prospect or client is referred to us by them.
Item 15 Custody
Longview has custody of client funds by directly debiting its fees from client accounts pursuant to the Advisory
Agreement and/or the separate agreement granting such right, and for some clients, permitting clients to issue
standing letters of authorization (“SLOAs”). SLOAs permit a client to issue one document that directs Longview to
make distributions out of the client’s account(s) into another account designated by the client.
For directly debiting fees, clients authorize Longview to debit their accounts for payment of the firm’s fees and to
directly remit those funds to the Firm in accordance with applicable custody rules. The financial institutions that act
as the qualified custodian for client accounts, from which the firm retains the authority to directly deduct fees, have
agreed to send statements to clients not less than quarterly detailing all account transactions, including any
amounts paid to Longview.
For Standing Letters of Authorizations, in cases where a client has executed such an authorization, it gives the client
the ability to direct Longview to distribute funds from the client’s account to a pre-authorized third party. While
this arrangement does indicate that Longview has custody of the funds in the affected accounts, Longview does not
obtain an annual surprise examination, as Longview follows the applicable regulatory guidance that allows the firm
to refrain from obtaining the surprise examination provided it follows certain requirements. Longview prohibits
employees from obtaining custody of cash or securities, acting as trustees, providing bill paying services, obtaining
password access to control account activity or any other form of controlling client assets. All checks or wire transfers
to fund client accounts are required to be made out to and/or sent to the account custodian.
13
Item 16 Investment Discretion
Generally, Longview is retained with respect to its individual accounts on a discretionary basis and is authorized to
make the following determinations in accordance with the client’s specified investment objectives without client
consultation or consent before a transaction is effected:
• Which securities to buy or sell.
• The total amount of securities to buy or sell.
• The broker-dealer through whom securities are bought or sold.
• The commission rates at which securities transactions for client accounts are affected.
• The prices at which securities are to be bought or sold, which may include dealer spreads or mark-ups and
transaction costs.
Investments for separately managed client accounts are managed in accordance with each client’s stated
investment objectives, strategies, restrictions, and guidelines.
Longview assumes discretion over the account upon execution of the advisory agreement with the client and upon
notification from custodian that the account is ready to trade.
Item 17 Voting Client Securities
Longview will not vote nor advise clients how to vote proxies for securities held in client accounts. The client retains
the authority and responsibility for the voting of these proxies. Longview does not give any advice, nor will it take
any action with respect to the voting of proxies. Longview promptly passes along any proxy voting information to
the clients or their representatives.
Each Longview client retains the sole authority to vote his or her securities with regard to proxies, tender offers,
and other corporate actions. Therefore, all mailings concerning these issues will be sent directly from the
custodian(s) to the client. Longview will respond to specific inquiries from clients seeking additional information
about or clarification of proxy issues, tender offers, or other corporate actions requiring shareholder approval.
Item 18 Financial Information
Longview does not require or solicit prepayment of more than $1,200 in fees, per client, six months or more in
advance.
Longview has no financial commitments that impair its ability to meet contractual commitments and fiduciary
commitments to clients.
Longview has not been the subject of bankruptcy proceedings.
14
Item 1: Cover Page Version: March 25, 2025
FORM ADV PART 2B (BROCHURE SUPPLEMENT)
Timothy C. Harrington, CFP®
Colleen L. Harrington, CFP®
LONGVIEW FINANCIAL ADVISORS, LLC
March 25, 2025
4040 Civic Center Drive · Suite 200 PMB #3420 · San Rafael, CA 94903 · Phone (415) 256-7700
This Brochure Supplement provides information about principals and adviser representatives of Longview Financial Advisors,
LLC, which is an addendum to the Longview Financial Advisors, LLC brochure. You should have received a copy of that Brochure.
Please contact us at (415) 256-7700 if you have not received Longview’s brochure or if you have any questions about the
contents of this supplement. The information in this brochure has not been approved or verified by the United States Securities
and Exchange Commission, or by any state securities authority.
Additional information about Timothy C. Harrington (CRD# 2595897) or Colleen L. Harrington (CRD# 7247403) is available on
the SEC’s website at www.adviserinfo.sec.gov.
15
Item 2- Educational Background and Business
Experience
Timothy C. Harrington, CFP®
Timothy C. Harrington, CFP® is the principal owner and president of the firm. Born in 1961, Mr. Harrington attended
Villanova University graduating in 1984 with a BS in Finance. Mr. Harrington served as a principal of Marin Financial
Advisors, LLC, from 2005 to 2017 and was previously a Director with Barclays Capital from 1985 to 2003.
Colleen L. Harrington, CFP®
Colleen L. Harrington, CFP® is an Associate Financial Advisor as well as the Chief Compliance Officer of the firm.
Born in 1993, Ms. Harrington attended Villanova University graduating in 2015 with a BS in Nursing. In 2019 she
obtained a Certificate in Financial Planning from Georgetown University. Ms. Harrington served as a Client Service
Associate of Armstrong, Fleming & Moore Inc., from April 2020 to August 2020, and as Paraplanner/Associate
Planner of Facet Wealth, Inc. from August 2020 to May 2021.
These two professionals have achieved The CERTIFIED FINANCIAL PLANNER™, CFP® Designation
The CFP® certification is a voluntary certification; no federal or state law or regulation requires financial planners
to hold CFP® certification. It is recognized in the United States and other countries for its (1) high standard of
professional education; (2) stringent code of conduct and standards of practice; and (3) ethical requirements that
govern professional engagements with clients. To attain the right to use the CFP® marks, an individual must
satisfactorily fulfill the following requirements:
Experience – Complete at least three years of full-time financial planning-related experience (or the
Ethics – Agree to be bound by CFP Board’s Standards of Professional Conduct, a set of documents outlining
Education – Complete an advanced college-level course of study addressing the financial planning subject
•
areas that CFP Board’s studies have determined as necessary for the competent and professional delivery of
financial planning services and attain a bachelor’s degree from a regionally accredited United States college or
university (or its equivalent from a foreign university). CFP Board’s financial planning subject areas include
insurance planning and risk management, employee benefits planning, investment planning, income tax planning,
retirement planning, and estate planning;
•
Examination – Pass the comprehensive CFP® Certification Examination. The examination, administered in
10 hours over a two-day period, includes case studies and client scenarios designed to test one’s ability to correctly
diagnose financial planning issues and apply one’s knowledge of financial planning to real world circumstances;
•
equivalent, measured as 2,000 hours per year); and
•
the ethical and practice standards for CFP® professionals.
Individuals who become certified must complete the following ongoing education and ethics requirements in order
to maintain the right to continue to use the CFP® marks:
16
•
Continuing Education – Complete 30 hours of continuing education hours every two years, including two
hours on the Code of Ethics and other parts of the Standards of Professional Conduct, to maintain competence and
keep up with developments in the financial planning field; and
•
Ethics – Renew an agreement to be bound by the Standards of Professional Conduct. The Standards
prominently require that CFP® professionals provide financial planning services at a fiduciary standard of care. This
means CFP® professionals must provide financial planning services in the best interests of their clients.
CFP® professionals who fail to comply with the above standards and requirements may be subject to CFP Board’s
enforcement process, which could result in suspension or permanent revocation of their CFP® certification.
Item 3- Disciplinary Information
None of the professionals have been involved in any legal or disciplinary events.
Item 4- Other Business Activities
None of the professionals are actively engaged in any outside investment-related business or occupation for
compensation that provides a substantial amount of the professional’s income or time.
Item 5- Additional Compensation
None of the professionals receive any additional compensation other than his or her compensation related to the
advisory services they provide through Longview Financial Advisors, LLC.
Item 6 - Supervision
All advisors and employees of Longview Financial Advisors, LLC are supervised by Colleen Harrington, the Firm’s
Chief Compliance Officer. The firm has established policies and procedures to ensure that advisory activities comply
with regulatory requirements and uphold our fiduciary duty to clients. Any questions regarding the supervision of
the advisors and employees of Longview Financial Advisors, LLC, may be directed to Colleen Harrington at 415-256-
7700.
17