Adviser Record

Advice and Planning Services

Registered investment adviser · New York, NY · CRD #20472

Form ADV data as of 2026-09-01
Regulatory assets
$37.93 billion
Total accounts
72,503
Employees
1,293
Disclosure events
26

Firm details

Disciplinary disclosures

This firm reports 9 disclosure questions answered Yes, covering 26 reported events. Form ADV Item 11 covers charges and pending proceedings as well as findings, so a Yes answer is not itself a finding of wrongdoing. The underlying detail is filed with the SEC.

Assets and accounts

Provides continuous and regular supervisory or management servicesYes
Discretionary regulatory assets under management$37.93 billion
Non-discretionary regulatory assets under management$0
Total regulatory assets under management$37.93 billion
Discretionary accounts72,503
Non-discretionary accounts0
Total accounts72,503
Regulatory assets under management attributable to non-U.S. persons$0

People

Total employees (excluding clerical)1,293
Employees performing investment advisory functions (including research)1,020
Employees who are registered representatives of a broker-dealer1,190
Employees registered as investment adviser representatives with a state1,099
Employees registered as IARs for another investment adviser0
Employees who are licensed insurance agents1,089
Firms or persons who solicit advisory clients on the firm's behalf0

Custody

Has custody of client cash or bank accountsYes
Has custody of client securitiesYes
Client funds and securities held in the firm's custody$10.64 billion
Clients for whom the firm has custody25,564
A related person has custody of client cash or bank accountsYes
A related person has custody of client securitiesYes
Client funds and securities held in a related person's custody$27.29 billion
Clients for whom a related person has custody46,939
The firm acts as a qualified custodianNo
A related person acts as a qualified custodianNo
Number of persons acting as qualified custodians for the firm's clients1

How the firm is compensated

A percentage of assets under managementOther

Advisory services offered

Financial planning servicesPortfolio management for individuals and/or small businessesSelection of other advisers (including private fund managers)Educational seminars/workshops

Other business activities

Broker-dealer (registered or unregistered)

Affiliated related persons

Broker-dealer, municipal securities dealer, or government securities broker or dealerOther investment adviser (including financial planners)Registered municipal advisorCommodity pool operator or commodity trading advisorBanking or thrift institutionInsurance company or agencyPension consultantSponsor, general partner, or managing member of pooled investment vehicles

Reported conflicts of interest

Form ADV Items 8 asks advisers to disclose arrangements that may create a conflict with client interests. This firm answered Yes to:

Client types

Type of clientClientsAssets
Individuals (other than high net worth individuals)25,667$8.35 billion
High net worth individuals46,802$29.56 billion
Charitable organizations14$6.2 million
Corporations or other businesses not listed above20$10.7 million