Destiny Wealth Partners provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, pension consulting, selecting other managers, estate planning, insurance, and tax planning. Financial planning was provided to 1,000 clients last fiscal year.
Destiny Wealth Partners reports 939 clients. They include 701 individual clients and 238 high-net-worth individuals. Of its assets, 92.8% ($879M across 2,816 accounts) are managed with discretion; $68.5M across 133 accounts are not. A wrap fee program the firm both sponsors and manages holds $766M. It advised 28 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 75% | 25% |
| High-net-worth individuals | 25% | 75% |
| 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) | 701 | $239M | 25.2% | $341K |
| High-net-worth individuals | 238 | $708M | 74.7% | $2.97M |
| Corporations and other businesses | Fewer than 5 | $824K | 0.1% | — |
| Total | 939 | $947M | 100% | — |
- Clients
- 701
- Regulatory AUM
- $239M
- AUM share
- 25.2%
- Avg. per client
- $341K
- Clients
- 238
- Regulatory AUM
- $708M
- AUM share
- 74.7%
- Avg. per client
- $2.97M
- Clients
- Fewer than 5
- Regulatory AUM
- $824K
- AUM share
- 0.1%
- Avg. per client
- —
Total
- Clients
- 939
- Regulatory AUM
- $947M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 28
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1000
Destiny Wealth Partners charges 0.75%–1.80% a year for its RWM Main Fee schedule. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Financial Planning and Consulting (Stand-Alone)
- Stand-alone planning and consulting is generally a fixed fee of at least $10,000, or an hourly rate from $100 to $1,500.
- Non-Wrap Fee Basis
- Without the wrap program, the annual advisory fee is a percentage of assets, generally negotiable to a maximum fee of 2.00%.
Panormos Capital Group, Inc. owns 75% or more of Destiny Wealth Partners and is in turn owned by Thomas H. Ruggie Revocable Trust, Dated January 18, 2001, As Amended (75% or more). The leadership team of Destiny Wealth Partners includes Chief Compliance Officer Thomas Ruggie. It has 26 employees, 11 of them in advisory roles.
Leadership
Thomas RuggieManaging Member/Chief Compliance Officer
Robert ClarkTrustee of the Robert L. Clark Revocable Trust, Dated September 29, 2014, As Amended
Audrey MancusoManaging Partner- Thomas RuggieTrustee of the Thomas H. Ruggie Revocable Trust, Dated January 18, 2001, As Amended
Investment adviser representatives
16 representatives listed in the SEC register as of 9 October 2026.
Staff
- 26 employees
- 11 in advisory functions
- 15 state-registered reps
- 8 insurance agents
- 6 soliciting firms
- Owns 75% or more of Destiny Wealth Partners, LLC
Panormos Capital Group, Inc.
Control person · since January 2021
- Owns 75% or more of Panormos Capital Group, Inc.
Thomas H. Ruggie Revocable Trust, Dated January 18, 2001, As Amended
Control person · since January 2021
Robert L. Clark Revocable Trust, Dated September 29, 2014, As Amended
Owner · Control person · since January 2021
Destiny Wealth Partners’ regulatory assets grew from $785M (March 2021) to $947M (June 2026); clients rose from 865 to 939 and employees from 15 to 26. In 2023, Nichols Wealth Partners joined it.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Jun 2026June 2026 | $947M | 939 | 26 | 5 |
| Mar 2025March 2025 | $1.13B | 950 | 26 | 5 |
| Jun 2024June 2024 | $997M | 974 | 21 | 4 |
| Feb 2023February 2023 | $806M | 945 | 21 | 5 |
| Mar 2022March 2022 | $948M | 891 | 21 | 4 |
| Mar 2021March 2021 | $785M | 865 | 15 | 4 |
Firms that joined
20231 joined
- Nichols Wealth PartnersNo 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, Destiny Wealth Partners has 4 offices, with 5 listed addresses in 1 state.
Florida · 5 listed addresses
- 2100 Lake Eustis DR., TavaresHQ
- 620 N. Denning Drive, Winter Park
- 2520 Burnsed BLVD., The Villages
- 1801 N. Military Trail, Boca Raton
- 13400 Sutton Park Drive S., Jacksonville
Other business names
Destiny Wealth Partners has reported 4 other business names to the SEC.
- Destiny Wealth Management
- Destiny Wealth Partners
- Nichols Wealth Partners
- Ruggie Wealth Management
Contact and registration details
- Legal name
- Destiny Wealth Partners, LLC
- Headquarters
- 2100 Lake Eustis DR., Tavares, FL 32778
- Website
- destinywealth.com
- Phone
- 352-343-2700
- SEC file
- 801-79789
- Founded
- 2012
- Structure
- Florida LLC
- Fiscal year end
- December
Destiny Wealth Partners’ named custodians for separately managed accounts are Charles Schwab ($611M, 66%), Fidelity ($182M, 20%) and First Trust Portfolios ($136M, 15%). Destiny Wealth Partners has custody of $1.05B for 3,709 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $611M66%
- FidelityNational Financial Services LLC · Boston, MA · $182M20%
- First Trust PortfoliosFirst Trust Portfolios L.P. · Wheaton, IL · $136M15%
At year end, Destiny Wealth Partners’ separately managed accounts were mostly in funds (62%) and stocks (18%). Its reported 13F holdings for the quarter ended 30 June 2026 total $709M across 186 positions; the largest are Vanguard Index Fds (6.2%), Dimensional ETF Trust (5.7%) and J P Morgan Exchange Traded F (5.6%).
What the accounts hold
- Stocks18%
- Funds62%
- Registered funds61%
- Pooled vehicles1%
- Bonds2%
- State and local bonds1%
- Investment grade corporate bonds1%
- Cash4%
- Other15%
- Registrant manages a de minimis amount of non-exchange traded securities and us treasury fixed income securities. private investment funds, including destiny alternative fund pooled investment vehicle are held as positions in client accounts.15%
Reported 13F holdings
- $709M
- Reported 13F value
- 186
- Positions
- 39.2%
- In the 10 largest
- −22.5%
- Value vs. prior quarter
- Vanguard Index Fds · Growth ETF6.2%
- Dimensional ETF Trust · US Larg Valu ETF5.7%
- J P Morgan Exchange Traded F · Core Plus BD ETF5.6%
- Janus Detroit Str TR · Hendrson Aaa CL5.1%
- Dimensional ETF Trust · World EX US Core4.1%
- Alphabet Inc. · Cap Stk CL A2.9%
- Amazon Com Inc.2.9%
- Apple Inc.2.4%
- Nvidia Corporation2.2%
- Doubleline ETF Trust · Secur CR ETF2.1%
Together, the ten largest are 39.2% of reported value.
How many clients does Destiny Wealth Partners have?
Destiny Wealth Partners has 939 clients and manages $947 million for them, as of June 2026. They include 701 individual clients and 238 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 19 June 2026
What services does Destiny Wealth Partners offer?
Destiny Wealth Partners provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, pension consulting, selecting other managers, estate planning, insurance, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Destiny Wealth Partners charge?
Destiny Wealth Partners charges 0.75%–1.80% a year for its RWM Main Fee schedule.
Source: DESTINY WEALTH PARTNER PART 2A BROCHURE, filed 18 June 2026
Which custodians does Destiny Wealth Partners use?
Destiny Wealth Partners’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $611M, National Financial Services LLC (Boston, MA), with $182M and First Trust Portfolios L.P. (Wheaton, IL), with $136M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 19 June 2026
How many financial advisors does Destiny Wealth Partners have?
Destiny Wealth Partners has 15 investment adviser representatives registered with state securities authorities, out of 26 employees, and 11 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 8 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 Destiny Wealth Partners invest in?
At the end of its last fiscal year, Destiny Wealth Partners’ separately managed accounts held 61% registered funds (mutual funds, ETFs, BDCs), 18% exchange-traded equities, 15% other, 4% cash and equivalents, 1% state and local bonds, 1% investment grade corporate bonds and 1% pooled vehicles (private funds and similar). The 15% other category is described as: Registrant Manages A De Minimis Amount of Non-Exchange Traded Securities and US Treasury Fixed Income Securities. Private Investment Funds, Including Destiny Alternative Fund Pooled Investment Vehicle Are Held As Positions in Client Accounts.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Destiny Wealth Partners?
Destiny Wealth Partners is owned through a holding company by Thomas H. Ruggie Revocable Trust, Dated January 18, 2001, As Amended. Its direct owner is Panormos Capital Group, Inc. (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 19 June 2026
How does Destiny Wealth Partners get paid?
Destiny Wealth Partners is paid through a percentage of assets under management, hourly charges, fixed fees, performance-based fees and other compensation. Its Form ADV lists no commissions 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 Destiny Wealth Partners?
Destiny Wealth Partners’ main office is at 2100 Lake Eustis DR., Tavares, FL 32778. Its phone number is 352-343-2700. Its website is destinywealth.com.