Ark Advisors provides financial planning and portfolio management for individuals and small businesses.
Ark Advisors reports 339 clients. They include 205 individual clients, 120 high-net-worth individuals, and 13 pension and profit-sharing plans. Of its assets, 91.6% ($179M across 1,046 accounts) are managed with discretion; $16.5M across 13 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 60% | 24% |
| High-net-worth individuals | 35% | 65% |
| Pension and profit-sharing plans | 4% | 8% |
| Charitable organizations | <1% | 2% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 205 | $47.4M | 24.2% | $231K |
| High-net-worth individuals | 120 | $127M | 65.0% | $1.06M |
| Pension and profit-sharing plans | 13 | $16.5M | 8.4% | $1.27M |
| Charitable organizations | 1 | $4.64M | 2.4% | $4.64M |
| Total | 339 | $196M | 100% | $577K |
- Clients
- 205
- Regulatory AUM
- $47.4M
- AUM share
- 24.2%
- Avg. per client
- $231K
- Clients
- 120
- Regulatory AUM
- $127M
- AUM share
- 65.0%
- Avg. per client
- $1.06M
- Clients
- 13
- Regulatory AUM
- $16.5M
- AUM share
- 8.4%
- Avg. per client
- $1.27M
- Clients
- 1
- Regulatory AUM
- $4.64M
- AUM share
- 2.4%
- Avg. per client
- $4.64M
Total
- Clients
- 339
- Regulatory AUM
- $196M
- AUM share
- 100%
- Avg. per client
- $577K
- 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
- 0
Ark Advisors charges 0.25%–1.50% a year for its Investment Supervisory Services. The fee is billed in arrears and is negotiable. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Financial Planning Fixed Fees
- Fixed fees of $500 to $20,000 set by the complexity and breadth of planning, paid in advance but never more than six months ahead; negotiable.
- Retirement Plan (401k) Services
- Asset-based fee from 0.75% on the first $1.5 million of plan assets down to 0.10% above $10 million, billed monthly or quarterly in arrears; negotiable.
Patrick Vance owns 50% to 75% of Ark Advisors. It has 2 employees.
Staff
- 2 employees
- 2 in advisory functions
- 2 state-registered reps
- 2 insurance agents
- Owns 50% to 75% of Ark Advisors LLC
Patrick Vance
Control person · since April 2013
- Owns 50% to 75% of Ark Advisors LLC
Brad Metz
Control person · since April 2013
Ark Advisors’ regulatory assets grew from $170M (January 2025) to $196M (January 2026); clients rose from 307 to 339 and employees were 2 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Jan 2026January 2026 | $196M | 339 | 2 | 1 |
| Jan 2025January 2025 | $170M | 307 | 2 | 1 |
Besides its headquarters, Ark Advisors has 0 offices, with 1 listed address in 1 state.
Illinois · 1 listed address
- 205 N. Williamsburg Drive, Suite E, BloomingtonHQ
Contact and registration details
- Legal name
- Ark Advisors LLC
- Headquarters
- 205 N. Williamsburg Drive, Suite E, Bloomington, IL 61704
- Website
- arkadvisorsllc.com
- Phone
- 309-661-2000
- SEC file
- 801-131956
- Structure
- Illinois LLC
- Fiscal year end
- December
Ark Advisors’ named custodians for separately managed accounts are Wells Fargo Clearing Services ($162M, 86%) and Capital Client Group ($25.4M, 14%). Ark Advisors does not have custody of client assets.
- Capital Client GroupCapital Client Group, Inc. · Los Angeles, CA · $25.4M14%
- Wells Fargo Clearing ServicesWells Fargo Clearing Services, LLC · St. Louis, MO · $162M86%
At year end, Ark Advisors’ separately managed accounts were mostly in funds (99%).
What the accounts hold
- Stocks1%
- Funds99%
- Cash1%
How many clients does Ark Advisors have?
Ark Advisors has 339 clients and manages $196 million for them, as of January 2026. They include 205 individual clients, 120 high-net-worth individuals, and 13 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 25 January 2026
What services does Ark Advisors offer?
Ark Advisors provides financial planning and portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Ark Advisors charge?
Ark Advisors charges 0.25%–1.50% a year for its Investment Supervisory Services. The fee is billed in arrears and is negotiable.
Source: ARK ADVISORS LLC ADV PART 2A FIRM BROCHURE, filed 25 January 2026
Which custodians does Ark Advisors use?
Ark Advisors’ separately managed account assets are held at Wells Fargo Clearing Services, LLC (St. Louis, MO), with $162M and Capital Client Group, Inc. (Los Angeles, CA), with $25.4M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 25 January 2026
How many financial advisors does Ark Advisors have?
Ark Advisors has 2 investment adviser representatives registered with state securities authorities, out of 2 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 Ark Advisors invest in?
At the end of its last fiscal year, Ark Advisors’ separately managed accounts held 99% registered funds (mutual funds, ETFs, BDCs), 1% exchange-traded equities 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 Ark Advisors?
Ark Advisors’ direct owners are Patrick Vance (50% to 75%) and Brad Metz (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 25 January 2026
How does Ark Advisors get paid?
Ark Advisors is paid through a percentage of assets under management 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 Ark Advisors?
Ark Advisors’ main office is at 205 N. Williamsburg Drive, Suite E, Bloomington, IL 61704. Its phone number is 309-661-2000. Its website is arkadvisorsllc.com.