Gates Pass Advisors provides financial planning, portfolio management for individuals and small businesses, selecting other managers, education planning, estate planning, and tax planning. Financial planning was provided to 51–100 clients last fiscal year.
Gates Pass Advisors reports 69 clients. They include 63 high-net-worth individuals and 6 individual clients. Of its assets, 100.0% ($208M across 279 accounts) are managed with discretion. Of its clients, 1% are outside the U.S. It advised 18 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 9% | 2% |
| High-net-worth individuals | 91% | 98% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 6 | $3.19M | 1.5% | $532K |
| High-net-worth individuals | 63 | $204M | 98.5% | $3.24M |
| Total | 69 | $208M | 100% | $3.01M |
- Clients
- 6
- Regulatory AUM
- $3.19M
- AUM share
- 1.5%
- Avg. per client
- $532K
- Clients
- 63
- Regulatory AUM
- $204M
- AUM share
- 98.5%
- Avg. per client
- $3.24M
Total
- Clients
- 69
- Regulatory AUM
- $208M
- AUM share
- 100%
- Avg. per client
- $3.01M
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 18
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 51–100
Gates Pass Advisors is paid through a percentage of assets under management and fixed fees (other than subscription fees). The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Stand-Alone Financial Planning
- Initial financial plans are generally a fixed fee of not less than $5,000 and updates not less than $2,000, set in the planning agreement; generally negotiable.
Kanaka Szabo-Cummings owns 75% or more of Gates Pass Advisors. The leadership team of Gates Pass Advisors includes Chief Compliance Officer Kanaka Szabo-Cummings. It has 3 employees, 2 of them in advisory roles.
Staff
- 3 employees
- 2 in advisory functions
- 2 state-registered reps
- 1 soliciting firm
- Owns 75% or more of Gates Pass Advisors, LLC
Kanaka Szabo-Cummings
Control person · since June 2015
Gates Pass Advisors’ regulatory assets grew 1.6× from $133M (April 2022) to $208M (July 2026); clients rose from 52 to 69 and employees from 2 to 3.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Jul 2026July 2026 | $208M | 69 | 3 | 2 |
| Jul 2025July 2025 | $188M | 66 | 4 | 2 |
| Jun 2024June 2024 | $151M | 66 | 2 | 2 |
| Jun 2023June 2023 | $125M | 53 | 2 | 2 |
| Apr 2022April 2022 | $133M | 52 | 2 | 1 |
Besides its headquarters, Gates Pass Advisors has 1 office (1 private residence, listed without an address), with 1 listed address in 1 state.
California · 1 listed address
- 280 2nd Street, Suite 280, Los AltosHQ
Contact and registration details
- Legal name
- Gates Pass Advisors, LLC
- Headquarters
- 280 2nd Street, Suite 280, Los Altos, CA 94022
- Website
- gatespassadvisors.com
- Phone
- 650-797-0280
- @gatespassadvisors
- SEC file
- 801-123686
- Founded
- 2015
- Structure
- California LLC
- Fiscal year end
- December
Gates Pass Advisors’ named custodians for separately managed accounts are SEI Investments ($190M, 92%) and Charles Schwab ($17.3M, 8%). Gates Pass Advisors has custody of $971K for 4 clients.
- SEI InvestmentsSEI Investments Company · Oaks, PA · $190M92%
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $17.3M8%
At year end, Gates Pass Advisors’ separately managed accounts were mostly in stocks (50%) and funds (33%).
What the accounts hold
- Stocks50%
- Funds33%
- Bonds15%
- State and local bonds7%
- Investment grade corporate bonds6%
- U.S. government and agency bonds2%
- Cash2%
How many clients does Gates Pass Advisors have?
Gates Pass Advisors has 69 clients and manages $208 million for them, as of July 2026. They include 63 high-net-worth individuals and 6 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 14 July 2026
What services does Gates Pass Advisors offer?
Gates Pass Advisors provides financial planning, portfolio management for individuals and small businesses, selecting other managers, education planning, estate planning, 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
Which custodians does Gates Pass Advisors use?
Gates Pass Advisors’ separately managed account assets are held at SEI Investments Company (Oaks, PA), with $190M and Charles Schwab & Co., Inc. (Westlake, TX), with $17.3M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 14 July 2026
How many financial advisors does Gates Pass Advisors have?
Gates Pass Advisors has 2 investment adviser representatives registered with state securities authorities, out of 3 employees, and 2 perform investment advisory functions. None are registered representatives of a broker-dealer or 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 Gates Pass Advisors invest in?
At the end of its last fiscal year, Gates Pass Advisors’ separately managed accounts held 50% exchange-traded equities, 33% registered funds (mutual funds, ETFs, BDCs), 7% state and local bonds, 6% investment grade corporate bonds, 2% U.S. government and agency bonds and 2% 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 Gates Pass Advisors?
Gates Pass Advisors’ direct owner is Kanaka Szabo-Cummings (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 14 July 2026
How does Gates Pass Advisors get paid?
Gates Pass 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 Gates Pass Advisors?
Gates Pass Advisors’ main office is at 280 2nd Street, Suite 280, Los Altos, CA 94022. Its phone number is 650-797-0280. Its website is gatespassadvisors.com.