Aps Management Group provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, and educational seminars. Financial planning was provided to 101–250 clients last fiscal year.
Aps Management Group reports 471 clients. They include 260 individual clients, 150 pension and profit-sharing plans, and 49 high-net-worth individuals. Of its assets, 81.1% ($176M across 438 accounts) are managed with discretion; $41.2M across 33 accounts are not. Of its clients, 14% are outside the U.S. It advised 4 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 55% | 24% |
| High-net-worth individuals | 10% | 39% |
| Pension and profit-sharing plans | 32% | 35% |
| Charitable organizations | <1% | <1% |
| Corporations and other businesses | 2% | 1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 260 | $52.8M | 24.3% | $203K |
| High-net-worth individuals | 49 | $84.8M | 39.0% | $1.73M |
| Pension and profit-sharing plans | 150 | $75.9M | 34.9% | $506K |
| Charitable organizations | Fewer than 5 | $937K | 0.4% | $469K |
| Corporations and other businesses | 10 | $3.01M | 1.4% | $301K |
| Total | 471 | $217M | 100% | — |
- Clients
- 260
- Regulatory AUM
- $52.8M
- AUM share
- 24.3%
- Avg. per client
- $203K
- Clients
- 49
- Regulatory AUM
- $84.8M
- AUM share
- 39.0%
- Avg. per client
- $1.73M
- Clients
- 150
- Regulatory AUM
- $75.9M
- AUM share
- 34.9%
- Avg. per client
- $506K
- Clients
- Fewer than 5
- Regulatory AUM
- $937K
- AUM share
- 0.4%
- Avg. per client
- $469K
- Clients
- 10
- Regulatory AUM
- $3.01M
- AUM share
- 1.4%
- Avg. per client
- $301K
Total
- Clients
- 471
- Regulatory AUM
- $217M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 14%
- Clients advised without assets under management last fiscal year
- 4
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
Aps Management Group charges 0.40%–1.00% a year for its Portfolio Management & Selection of Other Advisers Fees. The fee is billed in advance and is negotiable. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Financial Planning Fees
- Financial planning is a negotiated fixed fee of $1,000 to $50,000 or a negotiated hourly fee of $100 to $500, generally negotiable.
- Pension Consulting Services
- Pension consulting is charged an annual fee of 1.50% up to $500,000, 1.25% from $500,001 to $1,000,000 and 1.00% above that, generally negotiable.
Daniel Bennett owns 25% to 50% of Aps Management Group. The leadership team of Aps Management Group includes President Daniel Bennett. It has 6 employees, 4 of them in advisory roles.
Leadership
- Daniel BennettPresident and CCO
Glen MichelCo-President- Daniel HartPartner
Investment adviser representatives
9 representatives listed in the SEC register as of 9 October 2026.
Staff
- 6 employees
- 4 in advisory functions
- 5 state-registered reps
- 4 insurance agents
- 4 soliciting firms
- Owns 25% to 50% of Aps Management Group, Inc.
Daniel Bennett
Control person · since April 2014
- Owns 25% to 50% of Aps Management Group, Inc.
Glen Michel
Control person · since April 2014
- Owns 5% to 10% of Aps Management Group, Inc.
Daniel Hart
since January 2023
Aps Management Group’s regulatory assets grew 1.7× from $128M (July 2024) to $217M (March 2026); clients rose from 320 to 471 and employees were 6 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $217M | 471 | 6 | 2 |
| July 2025 | $159M | 372 | 7 | 2 |
| July 2024 | $128M | 320 | 6 | 2 |
Besides its headquarters, Aps Management Group has 1 office, with 2 listed addresses in California.
California · 2 listed addresses
- 3625 Del Amo BLVD, Suite 190, TorranceHQ
- 2450 Colorado Ave, Santa Monica
Other business names
Aps Management Group has reported 2 other business names to the SEC.
- Advanced Pension Strategies
- Advanced Portfolio Strategies Insurance & Financial Services
Contact and registration details
- Legal name
- Aps Management Group, Inc.
- Headquarters
- 3625 Del Amo BLVD, Suite 190, Torrance, CA 90503
- Website
- advancedportfolios.com
- Phone
- 310-776-6549
- SEC file
- 801-129062
- Structure
- California corporation
- Fiscal year end
- December
Aps Management Group uses Charles Schwab ($151M) as custodian for its separately managed accounts. Aps Management Group does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $151M100%
At year end, Aps Management Group’s separately managed accounts were mostly in funds (93%). Its reported 13F holdings for the quarter ended 30 June 2026 total $130M across 77 positions; the largest are First TR Exchange-traded FD (8.9%), Global X Fds (8.7%) and Capital Group Growth ETF (7.2%).
What the accounts hold
- Stocks6%
- Funds93%
- Registered funds91%
- Pooled vehicles2%
- Cash1%
Reported 13F holdings
- $130M
- Reported 13F value
- 77
- Positions
- 53.5%
- In the 10 largest
- +11.4%
- Value vs. prior quarter
- First TR Exchange-traded FD · Core Investment8.9%
- Global X Fds · 1 3 MO T BI ET8.7%
- Capital Group Growth ETF · Shs Creat Unit7.2%
- Apple Inc.6.0%
- Dimensional ETF Trust · Global CR ETF5.8%
- Dimensional ETF Trust · US Core EQT Mkt5.0%
- Dimensional ETF Trust · Intl Core EQT MK3.4%
- Capital Group Dividend Value · Shs Creat Unit3.3%
- First TR Exchange Traded FD · Risng Divd Achiv2.8%
- First TR Exchange Traded FD · Rba Indl ETF2.4%
Together, the ten largest are 53.5% of reported value.
How many clients does Aps Management Group have?
Aps Management Group has 471 clients and manages $217 million for them, as of March 2026. They include 260 individual clients, 150 pension and profit-sharing plans, and 49 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 12 March 2026
What services does Aps Management Group offer?
Aps Management Group provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Aps Management Group charge?
Aps Management Group charges 0.40%–1.00% a year for its Portfolio Management & Selection of Other Advisers Fees. The fee is billed in advance and is negotiable.
Source: PART 2A APS MANAGEMENT GROUP, INC., filed 12 March 2026
Which custodians does Aps Management Group use?
Aps Management Group’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $151M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 12 March 2026
How many financial advisors does Aps Management Group have?
Aps Management Group has 5 investment adviser representatives registered with state securities authorities, out of 6 employees, and 4 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 4 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 Aps Management Group invest in?
At the end of its last fiscal year, Aps Management Group’s separately managed accounts held 91% registered funds (mutual funds, ETFs, BDCs), 6% exchange-traded equities, 2% pooled vehicles (private funds and similar) and 1% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Aps Management Group?
Aps Management Group’s direct owners are Daniel Bennett, Glen Michel and Daniel Hart, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 12 March 2026
How does Aps Management Group get paid?
Aps Management Group 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 Aps Management Group?
Aps Management Group’s main office is at 3625 Del Amo BLVD, Suite 190, Torrance, CA 90503. Its phone number is 310-776-6549. Its website is advancedportfolios.com.