{"url":"https://nivawealth.com/firms/momentum-advisors-159574","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/159574","regulatoryAum":414662880,"crd":"159574","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"4907691","suffix":null,"lastName":"GRAY","firstName":"ANDREA","middleName":"P"},{"crd":"2694410","suffix":null,"lastName":"Hilliard","firstName":"Baron","middleName":"L"},{"crd":"8096162","suffix":null,"lastName":"Holley","firstName":"Tyler","middleName":"C"},{"crd":"4009379","suffix":null,"lastName":"Mahabirsingh","firstName":"Jason","middleName":null},{"crd":"5191621","suffix":null,"lastName":"PITTS","firstName":"KYLE","middleName":"JAMES"},{"crd":"4558339","suffix":null,"lastName":"PLATT","firstName":"WILLIAM","middleName":"HENRY"}],"total":6,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-04-06","regulatoryAum":283159154,"clients":240,"employees":8,"offices":2},{"filedOn":"2022-04-05","regulatoryAum":323325000,"clients":243,"employees":9,"offices":2},{"filedOn":"2023-07-08","regulatoryAum":332046000,"clients":301,"employees":9,"offices":2},{"filedOn":"2024-03-29","regulatoryAum":353137993,"clients":301,"employees":7,"offices":2},{"filedOn":"2025-04-01","regulatoryAum":400137550,"clients":329,"employees":9,"offices":2},{"filedOn":"2026-07-17","regulatoryAum":414662880,"clients":370,"employees":10,"offices":3}],"secFileNumber":"801-73092","legalName":"Momentum Advisors, LLC","displayName":"Momentum Advisors","slug":"momentum-advisors-159574","website":"https://momentum-advisors.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/159574/ce945e52182a9058-r1.webp","tone":"light","width":800,"height":200,"sourceUrl":"https://www.momentum-advisors.com/","sourceLabel":"Momentum Advisors, website"},"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/momentum-advisors-llc","xUrl":"https://X.COM/MOMENTUMADVICE","founded":"2012","organization":"New York limited liability company","fiscalYearEnd":"December","headquarters":{"street":"1120 Avenue of the Americas, 4th Floor","city":"New York","state":"NY","stateName":"New York","country":"United States","postalCode":"10036"},"tradeNames":[],"registration":{"secApproved":"7 February 2012","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":992614.9632768362,"staff":{"employees":10,"advisory":7,"brokerDealerReps":0,"insuranceAgents":5,"promoters":2},"aum":{"regulatory":414662880,"discretionary":412517689,"discretionaryAccounts":367,"nonDiscretionary":2145191,"nonDiscretionaryAccounts":3,"wrapProgram":null,"nonUsClientsPct":1,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":220,"regulatoryAum":94363851},{"label":"High-net-worth individuals","clients":134,"regulatoryAum":257021846},{"label":"Pooled investment vehicles","clients":1,"regulatoryAum":6632225},{"label":"Charitable organizations","clients":12,"regulatoryAum":54499767},{"label":"Other","clients":3,"regulatoryAum":2145191}],"feePrograms":[{"role":"main","program":"Investment Management Services","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1043091","versionId":1043091,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-04-28","documentName":"MOMENTUM ADVISORS FORM ADV 2A","fee_rate_low":0.5,"fee_rate_high":1,"fee_negotiable":true,"minimum_account":250000,"feeMinimumPeriod":"annual","fee_minimum_annual":3000},{"role":"other","program":"Consulting Services","summary":"Consulting is a fixed-rate engagement negotiated by scope; fees may often be around $1,000 per month.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1043091","versionId":1043091,"submittedOn":"2026-04-28","documentName":"MOMENTUM ADVISORS FORM ADV 2A"},{"role":"other","program":"Standalone Financial Planning","summary":"Financial planning on a standalone basis is billed separately as a fixed fee set by the scope and complexity of the engagement.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1043091","versionId":1043091,"submittedOn":"2026-04-28","documentName":"MOMENTUM ADVISORS FORM ADV 2A"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T09:41:07.922464+00:00","documents":[{"name":"MOMENTUM ADVISORS FORM ADV 2A","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1043091","versionId":1043091,"submittedOn":"2026-04-28"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":378324472}],"custodyNote":"Momentum Advisors has custody of $242M in client assets for 818 clients.","otherCustodians":[],"leadership":[{"name":"Hovig Melkonian","title":"Chief Compliance Officer","crd":"5346468"},{"name":"Allan Boomer","title":"Partner","crd":"4182424"},{"name":"Andrea Gray","title":"Partner","crd":"4907691"},{"name":"Kyle Pitts","title":"Investment Advisor Representative and Member (Partner)","crd":"5191621"},{"name":"William Platt","title":"Managing Partner","crd":"4558339"}],"ownership":[{"label":"Allan Boomer","detail":"Partner in the 25% to 50% ownership band and a control person, since March 2024. Also a 45% shareholder of momentum advisors, llc of The Momentum Group Inc. in the 25% to 50% band and a control person, since April 2013."},{"label":"William Platt","detail":"Managing partner in the 25% to 50% ownership band and a control person, since March 2024. Also a 35% shareholder of momentum advisors, llc of The Momentum Group Inc. in the 25% to 50% band and a control person, since March 2023."},{"label":"The Momentum Group Inc.","detail":"Managing member, parent entity in the 75% or more ownership band and a control person, since April 2013."},{"label":"Kyle Pitts","detail":"Investment advisor representative and member (partner) in the 10% to 25% ownership band, since March 2023."},{"label":"Andrea Gray","detail":"Partner in the 5% to 10% ownership band and a control person, since January 2026."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":2,"privateResidences":0},"listedOfficeAddresses":3,"foreignOffices":[],"officesByState":[{"state":"New Jersey","offices":1,"addresses":[{"street":"220 Davidson Ave.","city":"Somerset"}]},{"state":"New York","offices":2,"addresses":[{"street":"1120 Avenue of the Americas, 4th Floor","city":"New York","headquarters":true},{"street":"68 South Service Road","city":"Melville"}]}],"brochureServices":["business succession planning","education planning","estate planning","insurance"],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"917-997-4297","stateRegisteredReps":7,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)","Performance-based fees"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients","Pension consulting services","Selection of other advisers (including private fund managers)","Publication of periodicals or newsletters","Educational seminars/workshops","Other"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":42},{"label":"Non-exchange-traded equity securities","percent":3},{"label":"U.S. government/agency bonds","percent":4},{"label":"Investment grade corporate bonds","percent":4},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":38},{"label":"Cash and cash equivalents","percent":5},{"label":"Other","percent":1,"detail":"Variable Annuities"}],"privateFunds":1},"sources":{"adv1FilingDate":"17 July 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/159574/PDF/159574.pdf","brochureDate":"28 April 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1043091","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Momentum Advisors have?","answer":"Momentum Advisors has 370 clients and manages $415 million for them, as of July 2026. They include 220 individual clients, 134 high-net-worth individuals and 12 charitable organizations.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 17 July 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Momentum Advisors offer?","answer":"Momentum Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, selecting other managers, publishing newsletters, educational seminars, business succession planning, education planning, estate planning, and insurance.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Momentum Advisors charge?","answer":"Momentum Advisors charges 0.50%–1.00% a year for its Investment Management Services. The fee is billed in arrears, is negotiable, has a $3,000 annual minimum and requires an account of at least $250,000.","source":"MOMENTUM ADVISORS FORM ADV 2A, filed 28 April 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Momentum Advisors use?","answer":"Momentum Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), 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 17 July 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Momentum Advisors have?","answer":"Momentum Advisors has 7 investment adviser representatives registered with state securities authorities, out of 10 employees, and 7 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 5 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Momentum Advisors invest in?","answer":"At the end of its last fiscal year, Momentum Advisors’ separately managed accounts held 42% exchange-traded equities, 38% pooled vehicles (private funds and similar), 5% cash and equivalents, 4% U.S. government and agency bonds, 4% investment grade corporate bonds, 3% non-exchange-traded equities and 1% other. The 1% other category is described as: Variable Annuities. It advises 1 private fund.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Does Momentum Advisors have a minimum investment?","answer":"Yes, Momentum Advisors’ minimum account size for its Investment Management Services is $250K. It charges a $3K annual minimum fee.","source":"MOMENTUM ADVISORS FORM ADV 2A, filed 28 April 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Who owns Momentum Advisors?","answer":"Momentum Advisors’ direct owners are Allan Boomer (25% to 50%), William Platt (25% to 50%), the Momentum Group Inc. (75% or more), Kyle Pitts (10% to 25%) and Andrea Gray (5% to 10%).","source":"Form ADV Part 1A, Schedules A and B, filed 17 July 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Momentum Advisors get paid?","answer":"Momentum Advisors is paid through a percentage of assets under management, fixed fees and performance-based fees. 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Momentum Advisors?","answer":"Momentum Advisors’ main office is at 1120 Avenue of the Americas, 4th Floor, New York, NY 10036. Its phone number is 917-997-4297. Its website is momentum-advisors.com.","source":"Form ADV Part 1A, Item 1.F, filed 17 July 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}