Private Advisor Group, LLC
Registered investment adviser · Morristown, NJ · CRD #155216
Form ADV data as of 2026-09-01Regulatory assets
$44.33 billion
Total accounts
142,226
Employees
674
Disclosure events
8
Firm details
- Website: https://www.linkedin.com/company/private-advisor-group/
- Telephone: 973-538-7010
- SEC file number: 801-72060
- Most recent Form ADV filing: 2026-08-28
- SEC record: View this firm on the SEC's IAPD site
Disciplinary disclosures
This firm reports 6 disclosure questions answered Yes, covering 8 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.
- Charged with a felony (past 10 years)
- SEC or CFTC found a violation of its regulations or statutes
- SEC or CFTC entered an order in connection with investment-related activity
- SEC or CFTC imposed a civil money penalty or a cease-and-desist order
- Another regulator found a violation of investment-related regulations or statutes
- Another regulator entered an order in connection with investment-related activity (past 10 years)
Assets and accounts
| Provides continuous and regular supervisory or management services | Yes |
| Discretionary regulatory assets under management | $44.32 billion |
| Non-discretionary regulatory assets under management | $8.2 million |
| Total regulatory assets under management | $44.33 billion |
| Discretionary accounts | 142,217 |
| Non-discretionary accounts | 9 |
| Total accounts | 142,226 |
| Regulatory assets under management attributable to non-U.S. persons | $0 |
People
| Total employees (excluding clerical) | 674 |
| Employees performing investment advisory functions (including research) | 670 |
| Employees who are registered representatives of a broker-dealer | 575 |
| Employees registered as investment adviser representatives with a state | 670 |
| Employees registered as IARs for another investment adviser | 36 |
| Employees who are licensed insurance agents | 536 |
| Firms or persons who solicit advisory clients on the firm's behalf | 52 |
Custody
| Has custody of client cash or bank accounts | No |
| Has custody of client securities | Yes |
| Client funds and securities held in the firm's custody | $4.29 billion |
| Clients for whom the firm has custody | 5,717 |
| A related person has custody of client cash or bank accounts | No |
| A related person has custody of client securities | No |
| The firm acts as a qualified custodian | No |
| A related person acts as a qualified custodian | No |
| Number of persons acting as qualified custodians for the firm's clients | 10 |
How the firm is compensated
Advisory services offered
Affiliated related persons
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 brokers or dealers to clients
- Compensates a non-employee for client referrals
- Receives compensation from others for client referrals
Client types
| Type of client | Clients | Assets |
|---|---|---|
| Individuals (other than high net worth individuals) | 117,657 | $19.92 billion |
| High net worth individuals | 22,083 | $22.43 billion |
| Pension and profit sharing plans (not the participants or government plans) | 1,195 | $389.3 million |
| Charitable organizations | 554 | $314.4 million |
| State or municipal government entities (including government pension plans) | 67 | $435.2 million |
| Insurance companies | 12 | $16.5 million |
| Corporations or other businesses not listed above | 657 | $824.7 million |