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Frec

Frec. CRD 325982

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CRD: 325982

Frec

$567.2M Total AUM
$567.2M Disc. AUM
-- 3Y CAGR
7 Employees
3,577 ADV. Clients
3 yrs Firm Age

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Firm Details

Custodian
Apex
Clients
Retail and Institutional
Established Date
04-27-2023
Office Locations
5

Office Locations

171 2ND Street, 3RD Floor SAN Francisco CA
-- Brookline MA
-- Denver CO

About Frec

Frec is a San Francisco-based advisor platform offering low-fee direct indexing designed to deliver passive market exposure with potential tax savings. Offerings include classic and long/short direct indexing plus a Diversify program to transition concentrated stock positions into a diversified index over time with minimal tax impact, including tax-efficient conversion of transferred holdings. Reported retail and institutional channel; custodied via Apex Clearing.

Reported data analysis

What the numbers show

Between December 8, 2025 and June 11, 2026, reported AUM increased 375.8%, from $119.2M to $567.2M.

Across 3 reported observations, AUM increased 6647.8% between October 7, 2024 and June 11, 2026, from $8.4M to $567.2M.

Of the latest reported AUM, 100.0% is discretionary and 0.0% is non-discretionary.

The firm reports 1 advisory representatives and 3,577 clients, or 3,577 clients per representative. That equates to $158.6K in reported AUM per client.

The profile lists 5 reported office locations and 3 years in operation. The source data was last updated on July 21, 2026. Figures reflect reported regulatory data and may not include subsequent changes.

Team overview

37 AVG AGE
$567.2M AVG AUM / ADVISOR
$158.6K AVG AUM / CLIENT
1.3 yrs AVG TENURE
7 Employees
1 Advisory Reps
6 RIA Reps
3yrs Firm Age

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Owner & Executives

A

Ashley Elizabeth Rodabaugh

Chief Compliance Officer, President

CRD
#6711251
Ownership
Less than 5%

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Contacts

W

Wahidah Aziz

--

CRD
#7831520
H

Hayley Frances Worth Curtis

Customer Success Lead

CRD
#6873917

Showing 2 of 8 contacts

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Assets Under Management

Total AUM
Discretionary
Non-Discretionary
10-07-2024
12-08-2025
06-11-2026
Category Assets AVG. Account size
Discretionary $567,226,248 $309,960
Non-Discretionary $0 --
Total $567,226,248 $309,960

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Separately Managed Accounts

SMA allocation detail is available

Frec has reported separately managed account data across 2 asset classes. AdvizorPro provides the associated asset values, allocation percentages, and exportable breakdown.

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13F Holdings | Q1 2026

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Frec's 13F holdings detail is available for Q1 2026, including issuer, security class, CUSIP, ticker, portfolio weight, and reported value.

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