Advocate Investing Services

RIASEC RegisteredEst. 2022

Total AUM

$187M

Discretionary

$181M

97% of AUM

Avg account

$485K

Accounts

385

Employees

Advisory reps

Firm details

Headquarters: Woodbine, Maryland
CRD number: 273035
Registered since: May 19, 2022
Website: www.advocateinvesting.com
Custodians: LPL FINANCIAL LLC
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: HNWI70.04%
Individuals26.27%
Pension & Profit Sharing Plans3.12%
Charitable Organizations0.57%
Services: Financial PlanningPortfolio Management for IndividualsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Advocate Investing Services is an independent registered investment adviser organized as an LLC and SEC-registered in 2022. Ownership is held by an individual and the firm functions as a capital allocator, making direct allocations to third‑party managers in addition to managing client portfolios. Its client base includes both individuals and families as well as some institutional relationships. Advisory services are built around financial planning and portfolio management for individuals and small businesses, with capabilities that include pension consulting and selection of other advisers. The firm charges fees based on a percentage of assets under management as well as hourly and fixed-fee arrangements. Advocate does not identify as an active ESG investor and is not registered as a multi‑state adviser.