ADVOCATE INVESTING SERVICES
Firm details
- Headquarters
- WOODBINE, Maryland
- CRD number
- 273035
- Registered since
- May 19, 2022
- Website
- www.advocateinvesting.com
- Custodians
- LPL FINANCIAL LLC
- Fee structure
- Percentage of AUM, Hourly Charges, Fixed Fees
- Client types
- HNWI70.04%
- Individuals26.27%
- Pension & Profit Sharing Plans3.12%
- Charitable Organizations0.57%
- Services
- Financial PlanningPortfolio Management for IndividualsPension ConsultingSelection of Other Advisers
Firm profile
FINTRXOverview
Advocate Investing Services is an independent registered investment adviser organized as an LLC and registered with the SEC in 2022. The firm is owned by an individual and positions itself as a capital allocator, selecting external managers and implementing model and bespoke portfolios for both individual/family and institutional clients. Fee arrangements include a percentage of assets under management supplemented by hourly and fixed-fee engagements. Core advisory capabilities listed include financial planning, portfolio management for individuals and small businesses, pension consulting, and the selection of other advisers. Advocate does not identify as an active ESG investor and appears to operate with a limited multistate footprint.
Assets & Accounts
Public Holdings
Investments & Alternatives
Investment profile
FINTRXTraditional investments used
Alternative investments used
Active ESG investor
Technology & operations
FINTRXCRM & tech providers
TAMPs used
Clients
FINTRXClient base
Client personas
Asset composition
- Public Funds/Mutual Funds51%
- Exchange Traded Equities44%
- Cash & Cash Equivalents3%
- Other2%
- Investment Grade Corp Bonds1%
Contacts
3 of 5JOSEPH GALLAGHER
Financial AdvisorCRD 2516132
Riley Ahlquist
Financial AdvisorCRD 7987133
RICHARD ANDREWS
FounderCRD 2735508
Wealth teams
FINTRXNewly hired reps
FINTRXRecent M&A activity
FINTRXRecent filings
FINTRXAwards
FINTRXETF holdings
1 of 144Active vs passive
$119M in ETFs
61%
$72M
34%
$47M
| ETF | Provider | Style | Category | Value | Shares | % of portfolio |
|---|---|---|---|---|---|---|
| INVESCO ULTRA SHORT DURATION ETF (GSY) | Invesco | Active | Ultrashort Bond | $13.5M | 270,079 | 11.38% |
Location
WOODBINE, MD
CARROLL
Location
WOODBINE, MD
Headquartered in WOODBINE, MD, anchoring the Washington-Baltimore-Arlington, DC-MD-VA-WV-PA metro in the South.
- Metro area
- Washington-Baltimore-Arlington, DC-MD-VA-WV-PA
- Region
- South
- County
- CARROLL
- Address
- 15949 Frederick Rd
- Time zone
- ET (UTC-5)
- Office locations
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