# Terry Lyon

> Terry Lyon is a fee-only financial advisor at Breakforth Investment Management in Pittsburgh, Pennsylvania, who holds the CFP credential. Breakforth Investment Management reports charging a percentage of assets, hourly fees and fixed fees on its Form ADV.

Page: https://find.wellspent.co/advisors/terry-lyon/
Built from SEC adviser records; last checked October 30, 2026.

## Facts

- **Firm:** Breakforth Investment Management
- **Based in:** Pittsburgh, Pennsylvania
- **Fee model (firm's Form ADV):** Percentage of assets; Hourly; Fixed fees
- **Assets under management (firm):** $18.2M across 25 accounts
- **Credentials:** CFP
- **CRD:** 2139997 (https://adviserinfo.sec.gov/individual/summary/2139997)
- **SEC registration:** Investment adviser representative in PA
- **Exams passed:** Series 65 (1991)
- **Firm size:** 1 employee
- **Disclosures:** None reported
- **Website:** http://breakforth.biz

## Frequently asked questions

### Is Terry Lyon a fee-only financial advisor?

Yes, according to SEC records as of October 29, 2026: Terry holds no broker registration, and Breakforth Investment Management reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency on its Form ADV.

### How does Terry charge for financial advice?

Terry's firm, Breakforth Investment Management, reports charging a percentage of assets, hourly fees and fixed fees on its SEC Form ADV.

### Where is Terry Lyon based?

Terry Lyon is based in Pittsburgh, Pennsylvania.

### What credentials does Terry Lyon hold?

Terry Lyon holds the CFP credential.

### Is Terry Lyon registered with the SEC?

Yes. Terry Lyon is registered as an investment adviser representative in PA (CRD 2139997), per SEC Investment Adviser Public Disclosure data as of October 29, 2026.

### How much does Breakforth Investment Management manage?

Breakforth Investment Management reports $18.2M across 25 accounts in assets under management.

### How do I contact Terry Lyon?

Through Terry's website, breakforth.biz.

## Sources

- SEC adviser records (https://adviserinfo.sec.gov/individual/summary/2139997): the firm's Form ADV reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency, and the advisor holds no broker registration
- SEC Investment Adviser Public Disclosure and Form ADV: registration, exams, and firm facts, data as of October 29, 2026

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Source: Wellspent, the public graph of fee-only advisors (https://find.wellspent.co). No paid placement.