SEC-registered wealth management firm Broker-dealer affiliated
Cumberland Advisors
As of its Form ADV filed February 2, 2026, Cumberland Advisors, an SEC-registered, broker-dealer affiliated wealth management firm in Sarasota, Florida, reported $3.2 billion in regulatory assets under management across 2,349 accounts, ranking #28 among all wealth firms in Florida by assets.
Registration
- Registration
- SEC-registered, Approved
- CRD number
- 107964
- SEC file number
- 801-55344
- Registered since
- February 27, 1998
- Latest Form ADV filing
- February 2, 2026
- Legal name
- CUMBERLAND ADVISORS, LLC
- Organized as
- Limited Liability Company
- Fiscal year ends
- December
- Other offices
- 0
Key figures
- Regulatory assets under management
- $3.2 billion
- Discretionary
- $3.2 billion (99.7%)
- Non-discretionary
- $8.8 million
- Accounts
- 2,349 (2,336 discretionary)
- Clients
- 2,472, approximate as reported
- Employees
- 36
- Advisory staff
- 18 performing investment advisory functions
- Average account
- $1.4 million
- Asset growth, 1 year
- -3.9% (from $3.3 billion a year earlier)
- Asset growth, 3-year annual rate
- -1.6% (from $3.4 billion three years earlier)
- Asset growth, 5-year annual rate
- -4.0% (from $4.0 billion five years earlier)
- Client growth, 1 year
- -40.1% (from 4,130)
Broker-dealer affiliated. The firm is affiliated with a bank (Item 7.A(8)) that is part of a group with a broker-dealer (Item 7.A(1)) or controlled by a public company (Schedule D, Item 10.A). It is ranked among all wealth firms, the directory's view that includes wirehouses and broker-dealer firms, not in the main lists of independent RIAs. How firms are classed.
Growth rates come from the SEC's yearly snapshots and are left blank when the years are not comparable.
Rankings
Among all wealth firms, including wirehouses and broker-dealer firms.
Assets over time
Data table
| As of | RAUM |
|---|---|
| October 1, 2010 | $1.4 billion |
| October 3, 2011 | $1.5 billion |
| October 1, 2012 | $1.9 billion |
| October 1, 2013 | $2.2 billion |
| October 1, 2014 | $2.1 billion |
| October 1, 2015 | $2.3 billion |
| October 3, 2016 | $2.4 billion |
| October 2, 2017 | $2.7 billion |
| October 1, 2018 | $3.0 billion |
| October 1, 2019 | $3.1 billion |
| October 1, 2020 | $3.6 billion |
| October 4, 2021 | $4.0 billion |
| October 3, 2022 | $4.1 billion |
| October 5, 2023 | $3.4 billion |
| October 1, 2024 | $3.4 billion |
| September 2, 2025 | $3.3 billion |
| October 2, 2026 | $3.2 billion |
Clients and services
Client mix
| Measure | Bar | RAUM |
|---|---|---|
| Other 106 clients | $1.2 billion | |
| Individuals (other than high net worth) 885 clients | $992.6 million | |
| High net worth individuals 206 clients | $718.0 million | |
| Corporations or other businesses 13 clients | $141.1 million | |
| State or municipal government entities 5 clients | $65.6 million | |
| Charitable organizations 11 clients | $65.4 million | |
| Pension and profit sharing plans 8 clients | $50.1 million | |
| Insurance companies fewer than 5 clients | $4.1 million | |
| Pooled investment vehicles 1 client | $2.7 million |
How the firm is paid
- A percentage of assets under management
- Fixed fees
- Other
Advisory services
- Financial planning
- Portfolio management for individuals or small businesses
- Portfolio management for businesses or institutional clients
- Pension consulting
- Market timing services
- Other
Financial planning clients (Item 5.H): 11-25.
Wrap fee program sponsor or portfolio manager: yes.
Other business, affiliations and custody
Other business activities (Item 6.A)
None reported.
Financial industry affiliations (Item 7.A)
- Banking or thrift institution
- Trust company
- Insurance company or agency
Custody (Item 9)
The firm reported no custody of client cash or securities.
Investment adviser representatives
- IARs registered with the firm
- 16
- Also registered through a broker-dealer
- 0
- Employees who are IARs (Form ADV 5.B(3))
- 18
Designations held by the firm's IARs: CFA 3, CFP 1.
Between 15 and 16 of the firm's 16 IARs are registered in jurisdictions that require IAR CE. The source counts registrations by jurisdiction, and many IARs are registered in more than one, so the exact number is not knowable from it. IAR CE requirements by state.
Counts only. AdvisorIQ does not list individual people.
Disclosures
On Form ADV Item 11 the firm answered yes to 0 disclosure questions. See the detail on IAPD.
Succession and acquired firms
On Form ADV Item 4 the firm did not report succeeding to another adviser's business.
Similar-sized firms in Florida
| Firm | City | RAUM |
|---|---|---|
| Certuity, LLC | North Palm Beach | $3.3 billion |
| Gryphon Wealth | Jacksonville | $3.2 billion |
| Evensky & Katz/Foldes Wealth Management | Coral Gables | $3.2 billion |
| Csenge Advisory Group, LLC | Clearwater | $3.2 billion |
| Cyndeo Wealth Partners | St. Petersburg | $3.2 billion |
The five wealth firms, broker-dealer affiliated firms included, nearest in regulatory assets with a main office in the same state.
Elsewhere
- Cumberland Advisors on IAPD: Form ADV, brochures and disclosure detail.
- Firm website: www.cumber.com
- Wealth management firms in Florida
Firm data as of October 2, 2026, from ia100226.zip. Figures are as the firm reported them; corrections are made on Form ADV and appear after the next monthly reload.
Data as of October 2, 2026, from Form ADV. Sources: SEC registered adviser data (ia100226.zip) and IAPD compilation reports. How the directory is built.