Portfolio Medics provides financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other managers. Financial planning was provided to 1–10 clients last fiscal year.
Portfolio Medics reports 2,929 clients. They include 2,890 individual clients and 39 high-net-worth individuals. Of its assets, 98.7% ($771M across 3,761 accounts) are managed with discretion; $9.85M across 44 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 99% | 98% |
| High-net-worth individuals | 1% | 2% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 2,890 | $766M | 98.1% | $265K |
| High-net-worth individuals | 39 | $14.9M | 1.9% | $383K |
| Total | 2,929 | $780M | 100% | $266K |
- Clients
- 2,890
- Regulatory AUM
- $766M
- AUM share
- 98.1%
- Avg. per client
- $265K
- Clients
- 39
- Regulatory AUM
- $14.9M
- AUM share
- 1.9%
- Avg. per client
- $383K
Total
- Clients
- 2,929
- Regulatory AUM
- $780M
- AUM share
- 100%
- Avg. per client
- $266K
- 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
- 1–10
Portfolio Medics is paid through a percentage of assets under management, hourly charges 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 2 other services, listed under fee details.
Fee details and sources
Other fees
- Financial planning
- Financial planning is a fixed fee of $125 to $5,000, or $250 an hour; fees may be negotiable depending on the client's circumstances.
- Ongoing financial consulting
- Ongoing financial consulting is an annual fee from $1,000 at a $150,000 portfolio, rising $500 a year for each additional $50,000 advised upon, payable quarterly.
John Billy owns 50% to 75% of Portfolio Medics. The leadership team of Portfolio Medics includes Chief Compliance Officer John Billy. It has 75 employees.
Staff
- 75 employees
- 75 in advisory functions
- 70 state-registered reps
- 1 broker-dealer rep
- 13 insurance agents
- 3 soliciting firms
- Owns 50% to 75% of Portfolio Medics, LLC
John Billy
Control person · since December 2007
- Owns 50% to 75% of Portfolio Medics, LLC
John Conrath
Control person · since December 2007
Portfolio Medics’ regulatory assets grew 3.4× from $231M (July 2021) to $780M (September 2026); clients rose from 1,193 to 2,929 and employees from 45 to 75.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Sep 2026September 2026 | $780M | 2,929 | 75 | 9 |
| Jul 2025July 2025 | $553M | 3,702 | 75 | 9 |
| Jul 2024July 2024 | $500M | 2,499 | 75 | 9 |
| Jul 2023July 2023 | $383M | 2,167 | 75 | 9 |
| Jul 2022July 2022 | $361M | 1,372 | 45 | 9 |
| Jul 2021July 2021 | $231M | 1,193 | 45 | 9 |
Besides its headquarters, Portfolio Medics has 8 offices (1 private residence, listed without an address), with 8 listed addresses across 4 states.
Florida · 3 listed addresses
- 27499 Riverview Center BLVD, Suite 406, Bonita SpringsHQ
- 941 West Morse Boulevard, Winter Park
- 301 W. Atlantic Ave., Delray Beach
Ohio · 2 listed addresses
- 6650 Pearl RD, Parma Heights
- 7850 Five Mile Road, Cincinnati
Texas · 2 listed addresses
- 1250 South Capital of Texas Highway, Austin
- 2851 Joe Dimaggio BLVD, Round Rock
Kentucky · 1 listed address
- 2734 Chancellor Drive, Crestview Hills
Contact and registration details
- Legal name
- Portfolio Medics, LLC
- Headquarters
- 27499 Riverview Center BLVD, Suite 406, Bonita Springs, FL 34134
- Website
- portfoliomedics.com
- Phone
- 239-444-1766
- SEC file
- 801-113846
- Structure
- Florida LLC
- Fiscal year end
- December
Portfolio Medics’ named custodian for separately managed accounts is E*trade Securities ($201M). Portfolio Medics does not have custody of client assets.
- E*trade SecuritiesE*trade Securities LLC · Centennial, CO · $201M100%
At year end, Portfolio Medics’ separately managed accounts were mostly in funds (95%).
What the accounts hold
- Stocks5%
- Funds95%
How many clients does Portfolio Medics have?
Portfolio Medics has 2,929 clients and manages $780 million for them, as of September 2026. They include 2,890 individual clients and 39 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 14 September 2026
What services does Portfolio Medics offer?
Portfolio Medics provides financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Portfolio Medics use?
Portfolio Medics’ separately managed account assets are held at E*trade Securities LLC (Centennial, CO), with $201M. 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 September 2026
How many financial advisors does Portfolio Medics have?
Portfolio Medics has 70 investment adviser representatives registered with state securities authorities, out of 75 employees, and 75 perform investment advisory functions. 1 employee is a registered representative of a broker-dealer and 13 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 Portfolio Medics invest in?
At the end of its last fiscal year, Portfolio Medics’ separately managed accounts held 95% registered funds (mutual funds, ETFs, BDCs) and 5% exchange-traded equities.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Portfolio Medics?
Portfolio Medics’ direct owners are John Billy (50% to 75%) and John Conrath (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 14 September 2026
How does Portfolio Medics get paid?
Portfolio Medics 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 Portfolio Medics?
Portfolio Medics’ main office is at 27499 Riverview Center BLVD, Suite 406, Bonita Springs, FL 34134. Its phone number is 239-444-1766. Its website is portfoliomedics.com.