{"url":"https://nivawealth.com/firms/abridge-partners-145247","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/145247","regulatoryAum":123997709,"crd":"145247","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"2206189","suffix":"JR","lastName":"FLANAGAN","firstName":"MICHAEL","middleName":"ANTHONY"},{"crd":"7413366","suffix":null,"lastName":"Frizzell","firstName":"Marissa","middleName":"ELIZABETH"},{"crd":"1036736","suffix":"JR","lastName":"YATES","firstName":"GENE","middleName":"A."}],"total":3,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-03-31","regulatoryAum":241606243,"clients":133,"employees":6,"offices":3},{"filedOn":"2022-07-29","regulatoryAum":314243920,"clients":220,"employees":6,"offices":3},{"filedOn":"2023-04-13","regulatoryAum":217559018,"clients":177,"employees":5,"offices":3},{"filedOn":"2024-06-11","regulatoryAum":102493942,"clients":120,"employees":2,"offices":2},{"filedOn":"2025-04-03","regulatoryAum":102812940,"clients":120,"employees":2,"offices":2},{"filedOn":"2026-10-01","regulatoryAum":123997709,"clients":116,"employees":5,"offices":2}],"secFileNumber":"801-68497","legalName":"Abridge Partners, LLC","displayName":"Abridge Partners","slug":"abridge-partners-145247","website":"https://abridgepartners.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/abridge-partners","founded":null,"organization":"California limited liability company","fiscalYearEnd":"December","headquarters":{"street":"","city":"","state":"","stateName":"","country":"","postalCode":null},"tradeNames":[],"registration":{"secApproved":"25 October 2007","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1068945.7672413792,"staff":{"employees":5,"advisory":2,"brokerDealerReps":0,"insuranceAgents":2,"promoters":0},"aum":{"regulatory":123997709,"discretionary":115533757,"discretionaryAccounts":276,"nonDiscretionary":8463952,"nonDiscretionaryAccounts":43,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"High-net-worth individuals","clients":116,"regulatoryAum":123997709}],"feePrograms":[{"role":"main","program":"Portfolio management fee","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1023867","versionId":1023867,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-03-23","documentName":"ABRIDGE PARTNERS SCHWAB ADV PART 2A","fee_rate_low":0.65,"fee_rate_high":1,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Financial planning","summary":"Financial planning fees are arranged for each client and negotiated at the time of engagement; no fee amount is stated.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1023867","versionId":1023867,"submittedOn":"2026-03-23","documentName":"ABRIDGE PARTNERS SCHWAB ADV PART 2A"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T13:38:40.6201+00:00","documents":[{"name":"ABRIDGE PARTNERS SCHWAB ADV PART 2A","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1023867","versionId":1023867,"submittedOn":"2026-03-23"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":123997709}],"custodyNote":"Abridge Partners has custody of $6.7M for 18 clients.","otherCustodians":[],"leadership":[{"name":"Gery Sadzewicz","title":"Chief Compliance Officer","crd":"1090963"},{"name":"Michael Flanagan","title":"Principal","crd":"2206189"},{"name":"Gene Yates","title":"Principal","crd":"1036736"}],"ownership":[{"label":"Wealth Guardians, Inc","detail":"Member in the 50% to 75% ownership band and a control person, since December 2012."},{"label":"Gene Yates & Associates, LLC","detail":"Member in the 50% to 75% ownership band and a control person, since November 2020."},{"label":"Michael Flanagan","detail":"Indirect owner: a managing member of Wealth Guardians, Inc in the 75% or more band and a control person, since December 2012.","parent":"Wealth Guardians, Inc"},{"label":"Gene Yates","detail":"Indirect owner: a managing member of Gene Yates & Associates, LLC in the 75% or more band and a control person, since October 2007.","parent":"Gene Yates & Associates, LLC"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":1},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"601-718-0000","stateRegisteredReps":4,"otherAdviserReps":1,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)","Commissions"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"1-10","assetMix":[{"label":"Exchange-traded equity securities","percent":14},{"label":"U.S. government/agency bonds","percent":2},{"label":"U.S. state and local bonds","percent":3},{"label":"Investment grade corporate bonds","percent":16},{"label":"Securities issued by registered investment companies or business development companies","percent":61},{"label":"Cash and cash equivalents","percent":4}],"privateFunds":0},"sources":{"adv1FilingDate":"1 October 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/145247/PDF/145247.pdf","brochureDate":"23 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1023867","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Abridge Partners have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Abridge Partners offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Abridge Partners charge?","answer":"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","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Abridge Partners use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Abridge Partners have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Abridge Partners invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Abridge Partners?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Abridge Partners get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Abridge Partners?","answer":"Its phone number is 601-718-0000. Its website is abridgepartners.com.","source":"Form ADV Part 1A, Item 1.F, filed 1 October 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."}