SEC-registered wealth management firm Broker-dealer affiliated
Gladstone Wealth Partners
As of its Form ADV filed September 24, 2026, Gladstone Wealth Partners, an SEC-registered, broker-dealer affiliated wealth management firm in Palm Beach Gardens, Florida, reported $5.7 billion in regulatory assets under management across 18,794 accounts, ranking #13 among all wealth firms in Florida by assets.
Registration
- Main office
- Palm Beach Gardens, FL
- Registration
- SEC-registered, Approved
- CRD number
- 250787
- SEC file number
- 801-101532
- Registered since
- July 28, 2015
- Latest Form ADV filing
- September 24, 2026
- Legal name
- GLADSTONE INSTITUTIONAL ADVISORY LLC
- Organized as
- Limited Liability Company
- Fiscal year ends
- December
- Other offices
- 51
Key figures
- Regulatory assets under management
- $5.7 billion
- Discretionary
- $5.7 billion (99.7%)
- Non-discretionary
- $15.8 million
- Accounts
- 18,794 (18,685 discretionary)
- Clients
- 8,430, approximate as reported
- Employees
- 186
- Advisory staff
- 104 performing investment advisory functions
- Average account
- $302,427
- Asset growth, 1 year
- 15.0% (from $4.9 billion a year earlier)
- Asset growth, 3-year annual rate
- 17.1% (from $3.5 billion three years earlier)
- Asset growth, 5-year annual rate
- 30.8% (from $1.5 billion five years earlier)
- Client growth, 1 year
- 3.6% (from 8,139)
Broker-dealer affiliated. The firm is affiliated with a broker-dealer (Item 7.A(1)), at least half of its advisory staff are registered representatives of a broker-dealer (Item 5.B(2) against 5.B(1)), and its advisers manage less than $100 million each on average (5.F(2)(c) over 5.B(1)), the pattern of a broker-dealer's advisory arm rather than an adviser that owns a small broker-dealer. 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, 2015 | $0 |
| October 3, 2016 | $111.0 million |
| October 2, 2017 | $429.2 million |
| October 1, 2018 | $567.2 million |
| October 1, 2019 | $613.7 million |
| October 1, 2020 | $1.1 billion |
| October 4, 2021 | $1.5 billion |
| October 3, 2022 | $4.0 billion |
| October 5, 2023 | $3.5 billion |
| October 1, 2024 | $4.0 billion |
| September 2, 2025 | $4.9 billion |
| October 2, 2026 | $5.7 billion |
Clients and services
Client mix
| Measure | Bar | RAUM |
|---|---|---|
| High net worth individuals 2,213 clients | $3.8 billion | |
| Individuals (other than high net worth) 6,089 clients | $1.8 billion | |
| Corporations or other businesses 41 clients | $65.3 million | |
| Charitable organizations 26 clients | $7.4 million | |
| Pension and profit sharing plans 14 clients | $4.5 million | |
| Investment companies 1 client | $623,309 | |
| Other investment advisers 1 client | $193,033 |
How the firm is paid
- A percentage of assets under management
- Fixed fees
Advisory services
- Financial planning
- Portfolio management for individuals or small businesses
- Portfolio management for businesses or institutional clients
- Selection of other advisers
- Other
Financial planning clients (Item 5.H): 101-250.
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)
- Broker-dealer
- Other investment adviser
- Pension consultant
Custody (Item 9)
The firm reported custody of client cash or securities, $2.8 billion in total.
Investment adviser representatives
- IARs registered with the firm
- 107
- Also registered through a broker-dealer
- 82
- Employees who are IARs (Form ADV 5.B(3))
- 104
Designations held by the firm's IARs: CFP 18, ChFC 2.
Between 35 and 85 of the firm's 107 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 3 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 |
|---|---|---|
| Kovack Advisors, Inc. | Fort Lauderdale | $6.3 billion |
| Yale Capital Corp. | St. Petersburg | $5.6 billion |
| Gentrust | Miami | $5.2 billion |
| Moran Wealth Management, LLC | Naples | $5.1 billion |
| GWN Securities Inc. | Palm Beach Gardens | $4.8 billion |
The five wealth firms, broker-dealer affiliated firms included, nearest in regulatory assets with a main office in the same state.
Elsewhere
- Gladstone Wealth Partners on IAPD: Form ADV, brochures and disclosure detail.
- Firm website: www.gladstonewealth.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.