Financial Advisory Partners provides financial planning, portfolio management for individuals and small businesses, and selecting other managers. Financial planning was provided to 51–100 clients last fiscal year.
Financial Advisory Partners reports 147 clients. They include 91 high-net-worth individuals, 42 individual clients and 7 charitable organizations. Of its assets, 100.0% ($378M across 570 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 29% | 26% |
| High-net-worth individuals | 62% | 53% |
| Pension and profit-sharing plans | 1% | <1% |
| Charitable organizations | 5% | 6% |
| Insurance companies | <1% | 3% |
| Other client typesCorporations and other businesses | 3% | 10% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 42 | $99.4M | 26.3% | $2.37M |
| High-net-worth individuals | 91 | $202M | 53.4% | $2.22M |
| Pension and profit-sharing plans | Fewer than 5 | $1.49M | 0.4% | $743K |
| Charitable organizations | 7 | $22.5M | 6.0% | $3.22M |
| Insurance companies | Fewer than 5 | $13M | 3.4% | $13M |
| Corporations and other businesses | Fewer than 5 | $39.5M | 10.5% | $9.88M |
| Total | 147 | $378M | 100% | — |
- Clients
- 42
- Regulatory AUM
- $99.4M
- AUM share
- 26.3%
- Avg. per client
- $2.37M
- Clients
- 91
- Regulatory AUM
- $202M
- AUM share
- 53.4%
- Avg. per client
- $2.22M
- Clients
- Fewer than 5
- Regulatory AUM
- $1.49M
- AUM share
- 0.4%
- Avg. per client
- $743K
- Clients
- 7
- Regulatory AUM
- $22.5M
- AUM share
- 6.0%
- Avg. per client
- $3.22M
- Clients
- Fewer than 5
- Regulatory AUM
- $13M
- AUM share
- 3.4%
- Avg. per client
- $13M
- Clients
- Fewer than 5
- Regulatory AUM
- $39.5M
- AUM share
- 10.5%
- Avg. per client
- $9.88M
Total
- Clients
- 147
- Regulatory AUM
- $378M
- 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
- 51–100
Financial Advisory Partners charges up to 2.00% a year for its Wrap Fee Program - Portfolio Management Services. The fee is billed in advance.
Fee details and sources
Alexander Vandenberg owns 25% to 50% of Financial Advisory Partners. The leadership team of Financial Advisory Partners includes Chief Compliance Officer Harold Blaine Miller. It has 3 employees.
Leadership
- Harold Blaine MillerChief Compliance Officer
- Pierre AllardMember
- David SutphinPartner
- Alexander VandenbergPartner
Investment adviser representatives
4 representatives listed in the SEC register as of 9 October 2026.
- Pierre Gaston Marc Allard
- Patricia Nell Manley
- David Steele Sutphin
- Alexander Wolcott Vandenberg SR.
Staff
- 3 employees
- 3 in advisory functions
- 3 state-registered reps
- 3 broker-dealer reps
- 3 insurance agents
- 1 soliciting firm
- Owns 25% to 50% of Financial Advisory Partners, LLC
Alexander Vandenberg
Control person · since March 2008
- Owns 25% to 50% of Financial Advisory Partners, LLC
David Sutphin
Control person · since March 2008
- Owns 25% to 50% of Financial Advisory Partners, LLC
Lanark Financial Group, LLC
Control person · since January 2026
- Owns 50% to 75% of Lanark Financial Group, LLC
Peyton Davis Falkenburg
Control person · since February 2022
- Owns 25% to 50% of Lanark Financial Group, LLC
Frank Benner Falkenburg
Control person · since June 2010
- Owns 10% to 25% of Financial Advisory Partners, LLC
Northstar Bank
Control person · since December 2014
- Owns 75% or more of Northstar Bank
Northstar Financial Group Inc.
Control person · since January 2001
- Owns 25% to 50% of Northstar Financial Group Inc.
Roberts 2012 Family Trust
Control person · since July 2012
Lynette Drake
Trustee · Control person · since July 2012
- Owns 25% to 50% of Northstar Financial Group Inc.
Peplinski 2012 Family Trust
Control person · since July 2012
Jerry Peplinski
Trustee · Control person · since July 2012
- Owns 5% to 10% of Financial Advisory Partners, LLC
Pierre Allard
since January 2026
Financial Advisory Partners’ regulatory assets grew from $266M (April 2021) to $378M (July 2026); clients rose from 105 to 147 and employees were 3 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| July 2026 | $378M | 147 | 3 | 1 |
| March 2025 | $325M | 138 | 3 | 1 |
| March 2024 | $299M | 152 | 3 | 1 |
| June 2023 | $271M | 132 | 3 | 1 |
| July 2022 | $306M | 132 | 3 | 1 |
| April 2021 | $266M | 105 | 3 | 1 |
Besides its headquarters, Financial Advisory Partners has 0 offices, with 1 listed address in Florida.
Florida · 1 listed address
- 1201 S. Orlando Avenue, Suite 350, Winter ParkHQ
Contact and registration details
- Legal name
- Financial Advisory Partners, LLC
- Headquarters
- 1201 S. Orlando Avenue, Suite 350, Winter Park, FL 32789
- Website
- Not reported
- Phone
- 407-478-6314
- SEC file
- 801-120062
- Structure
- Florida LLC
- Fiscal year end
- December
Financial Advisory Partners uses RBC Capital Markets ($378M) as custodian for its separately managed accounts. Financial Advisory Partners does not have custody of client assets.
- RBC Capital MarketsRBC Capital Markets, LLC · New York, NY · $378M100%
At year end, Financial Advisory Partners’ separately managed accounts were mostly in funds (59%) and stocks (35%). Its reported 13F holdings for the quarter ended 30 June 2026 total $383M across 74 positions; the largest are Vanguard Scottsdale Fds (14.8%), Vanguard Index Fds (10.6%) and Vanguard Index Fds (5.1%).
What the accounts hold
- Stocks35%
- Funds59%
- Bonds4%
- U.S. government and agency bonds2%
- State and local bonds1%
- Sovereign bonds1%
- Cash1%
Filed values cover 99%. The neutral 1% gap has no reported category.
Reported 13F holdings
- $383M
- Reported 13F value
- 74
- Positions
- 51.4%
- In the 10 largest
- +8.2%
- Value vs. prior quarter
- Vanguard Scottsdale Fds · Int-term Corp.14.8%
- Vanguard Index Fds · Growth ETF10.6%
- Vanguard Index Fds · Value ETF5.1%
- iShares TR · Fltg Rate NT ETF3.8%
- Vanguard Scottsdale Fds · Inter Term Treas3.7%
- Vanguard Specialized Funds · Div App ETF3.4%
- SPDR Series Trust · ST Port High ETF2.9%
- Vanguard World FD · Inf Tech ETF2.5%
- Broadcom Inc.2.3%
- SPDR Index Shs Fds · ST Str PO EX ETF2.3%
Together, the ten largest are 51.4% of reported value.
How many clients does Financial Advisory Partners have?
Financial Advisory Partners has 147 clients and manages $378 million for them, as of July 2026. They include 91 high-net-worth individuals, 42 individual clients and 7 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 22 July 2026
What services does Financial Advisory Partners offer?
Financial Advisory Partners provides financial planning, portfolio management for individuals and small businesses, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Financial Advisory Partners charge?
Financial Advisory Partners charges up to 2.00% a year for its Wrap Fee Program - Portfolio Management Services. The fee is billed in advance.
Which custodians does Financial Advisory Partners use?
Financial Advisory Partners’ separately managed account assets are held at RBC Capital Markets, LLC (New York, NY), with $378M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 22 July 2026
How many financial advisors does Financial Advisory Partners have?
Financial Advisory Partners has 3 investment adviser representatives registered with state securities authorities, out of 3 employees, and 3 perform investment advisory functions. 3 employees are registered representatives of a broker-dealer and 3 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 Financial Advisory Partners invest in?
At the end of its last fiscal year, Financial Advisory Partners’ separately managed accounts held 59% registered funds (mutual funds, ETFs, BDCs), 35% exchange-traded equities, 2% U.S. government and agency bonds, 1% state and local bonds, 1% sovereign bonds 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 Financial Advisory Partners?
Financial Advisory Partners is owned through holding companies by Frank Benner and Peyton Davis Falkenburg. Its direct owners are Alexander Vandenberg, David Sutphin, Northstar Bank, Lanark Financial Group, LLC and Pierre Allard, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 22 July 2026
How does Financial Advisory Partners get paid?
Financial Advisory 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 Financial Advisory Partners?
Financial Advisory Partners’ main office is at 1201 S. Orlando Avenue, Suite 350, Winter Park, FL 32789. Its phone number is 407-478-6314.