Firms by custodian
Registered investment advisers that custody at Folio Investments
5 SEC-registered advisers report Folio Investments as a custodian holding 10% or more of separately managed account assets in Form ADV Schedule D, Section 5.K.(3). Listed by regulatory assets under management.
5 firms listed
| Firm | Headquarters | Regulatory AUM | Advisory staff | Clients |
|---|---|---|---|---|
| Newedge AdvisorsCRD 171351 | New Orleans, LA | $43.21B | 515 | 49,898 |
| Sanctuary AdvisorsCRD 226606 | Miami, FL | $34.88B | 396 | 19,540 |
| Summit FinancialCRD 299322 | Parsippany, NJ | $26.35B | 216 | 18,393 |
| Concurrent Investment AdvisorsCRD 323135 | Tampa, FL | $15.73B | 160 | 13,277 |
| Apollon Wealth ManagementCRD 291902 | Mount Pleasant, SC | $11.56B | 115 | 8,389 |
Newedge AdvisorsCRD 171351$43.21B
- Headquarters
- New Orleans, LA
- Advisory staff
- 515
- Clients
- 49,898
Sanctuary AdvisorsCRD 226606$34.88B
- Headquarters
- Miami, FL
- Advisory staff
- 396
- Clients
- 19,540
Summit FinancialCRD 299322$26.35B
- Headquarters
- Parsippany, NJ
- Advisory staff
- 216
- Clients
- 18,393
Concurrent Investment AdvisorsCRD 323135$15.73B
- Headquarters
- Tampa, FL
- Advisory staff
- 160
- Clients
- 13,277
Apollon Wealth ManagementCRD 291902$11.56B
- Headquarters
- Mount Pleasant, SC
- Advisory staff
- 115
- Clients
- 8,389
Figures are from each firm's most recent Form ADV and are dated on its profile. Listing here is a matter of public record, not a recommendation.
About this list
A custodian holds client accounts; the adviser directs them but does not take possession of the money. Form ADV Schedule D, Section 5.K.(3) requires an adviser to name every custodian holding 10% or more of its separately managed account assets, which is where this list comes from.
A firm may use several custodians, so it can appear on more than one of these lists, and smaller custodial relationships below the 10% threshold are not reported at all. Naming Folio Investments here says only what the filing says, and implies nothing about either firm's service.