Orion Portfolio Solutions, LLC

Registered investment adviser · Omaha, NE · CRD #107975

Form ADV data as of 2026-09-01

Regulatory assets

$64.84 billion

Total accounts

276,041

Employees

305

Disclosure events

Firm details

Website: http://www.destinationsfunds.com
Telephone: 859-426-2000
SEC file number: 801-57265
Most recent Form ADV filing: 2026-07-31
SEC record: View this firm on the SEC's IAPD site

Disciplinary disclosures

This firm answered No to every Item 11 disciplinary question on its most recent Form ADV filing.

Assets and accounts

Provides continuous and regular supervisory or management services	Yes
Discretionary regulatory assets under management	$53.42 billion
Non-discretionary regulatory assets under management	$11.42 billion
Total regulatory assets under management	$64.84 billion
Discretionary accounts	211,361
Non-discretionary accounts	64,680
Total accounts	276,041
Regulatory assets under management attributable to non-U.S. persons	$0

People

Total employees (excluding clerical)	305
Employees performing investment advisory functions (including research)	47
Employees who are registered representatives of a broker-dealer	103
Employees registered as investment adviser representatives with a state	207
Employees registered as IARs for another investment adviser	0
Employees who are licensed insurance agents	0
Firms or persons who solicit advisory clients on the firm's behalf	874

Custody

Has custody of client cash or bank accounts	No
Has custody of client securities	No
A related person has custody of client cash or bank accounts	Yes
A related person has custody of client securities	Yes
Client funds and securities held in a related person's custody	$3.68 billion
Clients for whom a related person has custody	4,579
The firm acts as a qualified custodian	No
A related person acts as a qualified custodian	Yes
Number of persons acting as qualified custodians for the firm's clients	17

How the firm is compensated

A percentage of assets under managementFixed fees (other than subscription fees)Performance-based fees

Advisory services offered

Portfolio management for individuals and/or small businessesPortfolio management for pooled investment vehiclesPortfolio management for businesses or institutional clientsPension consulting servicesSelection of other advisers (including private fund managers)Other

Other business activities

Other financial product salesperson

Affiliated related persons

Broker-dealer, municipal securities dealer, or government securities broker or dealerOther investment adviser (including financial planners)Trust companySponsor, 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:

Buys or sells for itself securities it also recommends to clients
Recommends securities in which it has another sales interest
Brokers or dealers selected under 8.C.(3) are related persons
Recommends brokers or dealers to clients
Compensates a non-employee for client referrals
Provides employee compensation specifically for obtaining clients

Client types

Type of client	Clients	Assets
Individuals (other than high net worth individuals)	166,226	$19.44 billion
High net worth individuals	19,151	$19.47 billion
Investment companies	11	$10.88 billion
Pension and profit sharing plans (not the participants or government plans)	1,154	$2.09 billion
Charitable organizations	79	$30.1 million
State or municipal government entities (including government pension plans)	32	$31.4 million
Other investment advisers	152	$6.31 billion
Corporations or other businesses not listed above	1,170	$3.68 billion
Other	Not reported	$2.90 billion