Advus Financial Partners provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and selecting other managers. Financial planning was provided to 101–250 clients last fiscal year.
Advus Financial Partners reports 528 clients. They include 299 individual clients, 140 high-net-worth individuals, and 82 pension and profit-sharing plans. Of its assets, 96.5% ($3.83B across 1,259 accounts) are managed with discretion; $140M across 70 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 57% | 3% |
| High-net-worth individuals | 27% | 21% |
| Pension and profit-sharing plans | 16% | 72% |
| Charitable organizations | 1% | 3% |
| Corporations and other businesses | Fewer than 5 | <1% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 299 | $117M | 2.9% | $390K |
| High-net-worth individuals | 140 | $850M | 21.4% | $6.07M |
| Pension and profit-sharing plans | 82 | $2.87B | 72.3% | $35M |
| Charitable organizations | 7 | $132M | 3.3% | $18.9M |
| Corporations and other businesses | Fewer than 5 | $2.38M | 0.1% | — |
| Total | 528 | $3.97B | 100% | — |
- Clients
- 299
- Regulatory AUM
- $117M
- AUM share
- 2.9%
- Avg. per client
- $390K
- Clients
- 140
- Regulatory AUM
- $850M
- AUM share
- 21.4%
- Avg. per client
- $6.07M
- Clients
- 82
- Regulatory AUM
- $2.87B
- AUM share
- 72.3%
- Avg. per client
- $35M
- Clients
- 7
- Regulatory AUM
- $132M
- AUM share
- 3.3%
- Avg. per client
- $18.9M
- Clients
- Fewer than 5
- Regulatory AUM
- $2.38M
- AUM share
- 0.1%
- Avg. per client
- —
Total
- Clients
- 528
- Regulatory AUM
- $3.97B
- AUM share
- 100%
- Avg. per client
- —
- 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
- 101–250
Advus Financial Partners is paid through a percentage of assets under management, hourly charges and fixed fees (other than subscription fees); its fees and minimums are set out in its brochures on the SEC website.
Foundation Risk Partners, Corp. owns 75% or more of Advus Financial Partners and is in turn owned by FRP Parent, Corp. (75% or more). The leadership team of Advus Financial Partners includes President Mark Lamoriello and Chief Compliance Officer Stacy Fleming. It has 16 employees, 10 of them in advisory roles.
Leadership
- Mark LamorielloPresident
- Stacy FlemingChief Compliance Officer
- Christopher BellSecretary
Investment adviser representatives
11 representatives listed in the SEC register as of 9 October 2026.
- Hayden T Clem
- James Daniel Gay
- Omar Jesus Guevara
- Sally Ann Hanley-Whitworth
- Mark Lamoriello
- Mitchell Austin Lamoriello
- Todd Justin Lerner
- Jeffrey Stewart Roberts
- Joshua J. Rose
- Christina Ann Shaffer
- Andrew Stephen Zito
Staff
- 16 employees
- 10 in advisory functions
- 9 state-registered reps
- Owns 75% or more of Advus Financial Partners, LLC
Foundation Risk Partners, Corp.
Control person · since September 2024
- Owns 75% or more of Foundation Risk Partners, Corp.
FRP Parent, Corp.
Control person · since January 2017
- Owns 75% or more of FRP Parent, Corp.
FRP Holdings, Corp.
Control person · since January 2017
- Owns 75% or more of FRP Holdings, Corp.
FRP Parent II, Corp.
Control person · since September 2022
- Owns 75% or more of FRP Parent II, Corp.
FRP Investors II, L.P.
Control person · since September 2022
- Owns 75% or more of FRP Investors II, L.P.
FRP Investors II GP, LLC
Control person · since September 2022
- Owns 25% to 50% of FRP Investors II, L.P.
Partners Group Client Access 43, LP
Control person · since September 2022
- Owns 25% to 50% of Partners Group Client Access 43, LP
Partners Group Access PF 368 L.P.
Control person · since September 2022
Partners Group Management (Scots) LLP
General partner · Control person · since September 2022
Partners Group Client Access Management I Limited
General partner · Control person · since September 2022
Advus Financial Partners’ regulatory assets fell from $4.21B (June 2021) to $3.97B (July 2026); clients rose from 255 to 528 and employees from 13 to 16. In 2021, Lamco Advisory Services joined it.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| July 2026 | $3.97B | 528 | 16 | 3 |
| March 2025 | $3.07B | 686 | 17 | 2 |
| March 2024 | $2.76B | 548 | 18 | 3 |
| March 2023 | $2.29B | 548 | 18 | 3 |
| March 2022 | $4.36B | 279 | 13 | 2 |
| June 2021 | $4.21B | 255 | 13 | 1 |
Firms that joined
20211 joined
- Lamco Advisory ServicesNo filed AUM
Firms whose SEC withdrawal reports a sale to this firm, and deals reported in the press. Teams that moved without selling a registered firm may not appear.
Besides its headquarters, Advus Financial Partners has 2 offices, with 3 listed addresses in California and Florida.
Florida · 2 listed addresses
- 631 W. Morse BLVD., Suite 115, Winter ParkHQ
- 5011 Gate Parkway, Jacksonville
California · 1 listed address
- 28055 Smyth Drive, Valencia
Other business names
Advus Financial Partners has reported 2 other business names to the SEC.
- Fiscal Fitness
- LBW Insurance and Financial Services
Contact and registration details
- Legal name
- Advus Financial Partners, LLC
- Headquarters
- 631 W. Morse BLVD., Suite 115, Winter Park, FL 32789
- Website
- advuspartners.com
- Phone
- 407-585-1160
- @advuspartners
- SEC file
- 801-120458
- Structure
- Florida LLC
- Fiscal year end
- December
Advus Financial Partners uses Fidelity ($1.22B, 37%), Fidelity ($1.06B, 32%) and Empower ($985M, 30%) as custodians for its separately managed accounts. Advus Financial Partners has custody of $10.1M in client assets for 24 clients.
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $1.06B32%
- FidelityFidelity Management Trust Co. · Boston, MA · $1.22B37%
- EmpowerEmpower Trust Co · Greenwood Village, CO · $985M30%
At year end, Advus Financial Partners’ separately managed accounts were mostly in funds (88%). Its reported 13F holdings for the quarter ended 30 June 2026 total $441M across 261 positions; the largest are iShares TR (7.5%), iShares TR (7.2%) and iShares TR (6.8%).
What the accounts hold
- Stocks6%
- Funds88%
- Registered funds87%
- Pooled vehicles1%
- Bonds2%
- Cash2%
- Other2%
- Us gov't agencies, investment grade corporate bonds and derivates <1% each.2%
Reported 13F holdings
- $441M
- Reported 13F value
- 261
- Positions
- 40.3%
- In the 10 largest
- +10.3%
- Value vs. prior quarter
- iShares TR · Core S&P Ttl Stk7.5%
- iShares TR · Core S&P500 ETF7.2%
- iShares TR · MSCI Acwi EX US6.8%
- iShares TR · MSCI USA Qlt Fct4.2%
- iShares TR · MSCI Intl Qualty4.2%
- iShares TR · Core Univrsl Usd3.4%
- iShares TR · S&P 500 Grwt ETF1.9%
- Blackrock ETF Trust · iShares US Equit1.8%
- Vanguard Index Fds · Total Stk Mkt1.7%
- iShares TR · Eafe Value ETF1.7%
Together, the ten largest are 40.3% of reported value.
How many clients does Advus Financial Partners have?
Advus Financial Partners has 528 clients and manages $3.97 billion for them, as of July 2026. They include 299 individual clients, 140 high-net-worth individuals, and 82 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 28 July 2026
What services does Advus Financial Partners offer?
Advus Financial Partners 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
Which custodians does Advus Financial Partners use?
Advus Financial Partners’ separately managed account assets are held at Fidelity Management Trust Co. (Boston, MA), with $1.22B, Fidelity Brokerage Services LLC (Smithfield, RI), with $1.06B and Empower Trust Co (Greenwood Village, CO), with $985M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 28 July 2026
How many financial advisors does Advus Financial Partners have?
Advus Financial Partners has 9 investment adviser representatives registered with state securities authorities, out of 16 employees, and 10 perform investment advisory functions. None are registered representatives of a broker-dealer or 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 Advus Financial Partners invest in?
At the end of its last fiscal year, Advus Financial Partners’ separately managed accounts held 87% registered funds (mutual funds, ETFs, BDCs), 6% exchange-traded equities, 2% state and local bonds, 2% cash and equivalents, 2% other and 1% pooled vehicles (private funds and similar). The 2% other category is described as: US Gov'T Agencies, Investment Grade Corporate Bonds and Derivates <1% Each.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Advus Financial Partners?
Advus Financial Partners is owned through a chain of holding companies by FRP Investors II GP, LLC. Its direct owner is Foundation Risk Partners, Corp. (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 28 July 2026
How does Advus Financial Partners get paid?
Advus Financial Partners 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
How do I contact Advus Financial Partners?
Advus Financial Partners’ main office is at 631 W. Morse BLVD., Suite 115, Winter Park, FL 32789. Its phone number is 407-585-1160. Its website is advuspartners.com.