{"url":"https://nivawealth.com/firms/1st-discount-brokerage-39164","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/39164","regulatoryAum":131402154,"crd":"39164","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"2257321","suffix":null,"lastName":"BOGOSIAN","firstName":"JEFFREY","middleName":"EDWARD"},{"crd":"1321008","suffix":"JR","lastName":"CORLEY","firstName":"WILLIAM","middleName":"HAROLD"},{"crd":"4146799","suffix":null,"lastName":"DE 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NJ","smaAssets":500000}],"custodyNote":"1st Discount Brokerage has custody of $131M in client assets for 219 clients.","otherCustodians":[],"leadership":[{"name":"William Harold Jr Corley","title":"President","crd":"1321008"},{"name":"George Patrick Rohloff","title":"Chief Compliance Officer","crd":"2160441"},{"name":"William Harold Jr Corley","title":"Municipal Principal","crd":"1321008"},{"name":"Aileen M Gallagher","title":"FINOP","crd":"4606132"},{"name":"George Patrick Rohloff","title":"ROSFP","crd":"2160441"}],"ownership":[{"label":"1db Financial","detail":"Parent company in the 75% or more ownership band, since February 1999."},{"label":"William Harold Jr Corley","detail":"Indirect owner: a shareholder of 1db Financial, Inc. in the 75% or more band and a control person, since February 1999.","parent":"1db Financial, Inc."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":2,"privateResidences":1},"listedOfficeAddresses":2,"foreignOffices":[],"officesByState":[{"state":"Florida","offices":1,"addresses":[{"street":"8927 Hypoluxo Road, Suite A5","city":"Lake Worth","headquarters":true}]},{"state":"Rhode Island","offices":1,"addresses":[{"street":"127 Dorrance Street","city":"Providence"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"561-515-3200","stateRegisteredReps":8,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients","Pension consulting services","Selection of other advisers (including private fund 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They include 133 individual clients, 83 high-net-worth individuals and 1 pension or profit-sharing plan.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does 1st Discount Brokerage offer?","answer":"1st Discount Brokerage provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and selecting other managers.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does 1st Discount Brokerage use?","answer":"1st Discount Brokerage’s separately managed account assets are held at Apex Clearing Corporation (Dallas, TX), with $35.3M and Pershing LLC (Jersey City, NJ), with $500K. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does 1st Discount Brokerage have?","answer":"1st Discount Brokerage has 8 investment adviser representatives registered with state securities authorities, out of 8 employees, and 8 perform investment advisory functions. 8 employees are registered representatives of a broker-dealer and 3 employees are licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does 1st Discount Brokerage invest in?","answer":"At the end of its last fiscal year, 1st Discount Brokerage’s separately managed accounts held 50% registered funds (mutual funds, ETFs, BDCs), 40% exchange-traded equities, 5% U.S. government and agency bonds and 5% cash and equivalents.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns 1st Discount Brokerage?","answer":"1st Discount Brokerage’s direct owners are 1db Financial (75% or more) and William Harold Jr Corley (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does 1st Discount Brokerage get paid?","answer":"1st Discount Brokerage is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact 1st Discount Brokerage?","answer":"1st Discount Brokerage’s main office is at 8927 Hypoluxo Road, Suite A5, Lake Worth, FL 33467. Its phone number is 561-515-3200. Its website is 1db.com.","source":"Form ADV Part 1A, Item 1.F, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}