Abridge Partners provides financial planning, portfolio management for individuals and small businesses, and selecting other managers. Financial planning was provided to 1–10 clients last fiscal year.
Abridge Partners reports 116 high-net-worth individuals. Of its assets, 93.2% ($116M across 276 accounts) are managed with discretion; $8.46M across 43 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| High-net-worth individuals | 100% | 100% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| High-net-worth individuals | 116 | $124M | 100.0% | $1.07M |
| Total | 116 | $124M | 100% | $1.07M |
- Clients
- 116
- Regulatory AUM
- $124M
- AUM share
- 100.0%
- Avg. per client
- $1.07M
Total
- Clients
- 116
- Regulatory AUM
- $124M
- AUM share
- 100%
- Avg. per client
- $1.07M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
Abridge Partners charges 0.65%–1.00% a year for its Portfolio management fee. The fee is billed in advance and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial planning
- Financial planning fees are arranged for each client and negotiated at the time of engagement; no fee amount is stated.
Wealth Guardians, Inc owns 50% to 75% of Abridge Partners and is in turn owned by Michael Flanagan (75% or more). The leadership team of Abridge Partners includes Chief Compliance Officer Gery Sadzewicz. It has 5 employees, 2 of them in advisory roles.
Staff
- 5 employees
- 2 in advisory functions
- 4 state-registered reps
- 2 insurance agents
- Owns 50% to 75% of Abridge Partners, LLC
Wealth Guardians, Inc
Control person · since December 2012
- Owns 75% or more of Wealth Guardians, Inc
Michael Flanagan
Control person · since December 2012
- Owns 50% to 75% of Abridge Partners, LLC
Gene Yates & Associates, LLC
Control person · since November 2020
- Owns 75% or more of Gene Yates & Associates, LLC
Gene Yates
Control person · since October 2007
Abridge Partners’ regulatory assets fell from $242M (March 2021) to $124M (October 2026); clients fell from 133 to 116 and employees from 6 to 5.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Oct 2026October 2026 | $124M | 116 | 5 | 2 |
| Apr 2025April 2025 | $103M | 120 | 2 | 2 |
| Jun 2024June 2024 | $102M | 120 | 2 | 2 |
| Apr 2023April 2023 | $218M | 177 | 5 | 3 |
| Jul 2022July 2022 | $314M | 220 | 6 | 3 |
| Mar 2021March 2021 | $242M | 133 | 6 | 3 |
Besides its headquarters, Abridge Partners has 1 office (1 private residence, listed without an address), with 1 listed address with no US state reported.
Contact and registration details
- Legal name
- Abridge Partners, LLC
- Headquarters
- Not reported
- Website
- abridgepartners.com
- Phone
- 601-718-0000
- @abridge-partners
- SEC file
- 801-68497
- Structure
- California LLC
- Fiscal year end
- December
Abridge Partners’ named custodian for separately managed accounts is Charles Schwab ($124M). Abridge Partners has custody of $6.7M for 18 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $124M100%
At year end, Abridge Partners’ separately managed accounts were mostly in funds (61%) and bonds (21%).
What the accounts hold
- Stocks14%
- Funds61%
- Bonds21%
- Investment grade corporate bonds16%
- State and local bonds3%
- U.S. government and agency bonds2%
- Cash4%
How many clients does Abridge Partners have?
Abridge Partners has 116 clients and manages $124 million for them, as of October 2026. They include 116 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 1 October 2026
What services does Abridge Partners offer?
Abridge Partners provides financial planning, portfolio management for individuals and small businesses, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Abridge Partners charge?
Abridge Partners charges 0.65%–1.00% a year for its Portfolio management fee. The fee is billed in advance and is negotiable.
Source: ABRIDGE PARTNERS SCHWAB ADV PART 2A, filed 23 March 2026
Which custodians does Abridge Partners use?
Abridge Partners’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $124M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 1 October 2026
How many financial advisors does Abridge Partners have?
Abridge Partners has 4 investment adviser representatives registered with state securities authorities, out of 5 employees, and 2 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 2 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
What does Abridge Partners invest in?
At the end of its last fiscal year, Abridge Partners’ separately managed accounts held 61% registered funds (mutual funds, ETFs, BDCs), 16% investment grade corporate bonds, 14% exchange-traded equities, 4% cash and equivalents, 3% state and local bonds and 2% U.S. government and agency bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Abridge Partners?
Abridge Partners is owned through holding companies by Michael Flanagan and Gene Yates. Its direct owners are Wealth Guardians, Inc (50% to 75%) and Gene Yates & Associates, LLC (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 1 October 2026
How does Abridge Partners get paid?
Abridge Partners is paid through a percentage of assets under management, hourly charges, fixed fees and commissions. Its Form ADV lists no 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
How do I contact Abridge Partners?
Its phone number is 601-718-0000. Its website is abridgepartners.com.