ANCORA PRIVATE WEALTH ADVISORS, LLC

RIASEC RegisteredEst. 2003

Total AUM

$3.9B

Discretionary

$3.8B

97% of AUM

Avg account

$865K

Accounts

4,509

Employees

Advisory reps

Firm details

Headquarters: CLEVELAND, Ohio
CRD number: 124845
Registered since: April 3, 2003
Website: ancora.net
Custodians: FIDELITY DISTRIBUTORS COMPANY LLC, CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Fixed Fees, Performance Based Fees, Other
Client types: HNWI94.74%
Corporations / Businesses3.34%
Pension & Profit Sharing Plans1.17%
Charitable Organizations0.74%
Services: Financial PlanningPortfolio Management for IndividualsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Ancora Private Wealth Advisors, LLC is an independent registered investment adviser operating since 2003 that positions itself as a capital allocator for individual, family and institutional clients. The firm combines fee-based financial planning and portfolio management with pension consulting and the selection of outside advisers, and it maintains business relationships with broker-dealers, insurance companies and other institutional providers. Fee arrangements include a mix of percentage-of-AUM, fixed fees and performance-based fees, allowing flexibility across client mandates. Investment activity tilts toward liquid equity exposure delivered through exchange-traded vehicles and separately managed equity solutions, while also integrating third‑party alternative managers for illiquid and real‑asset strategies. Ancora was named among the Financial Times’ Top 300 RIA Firms in 2020, reflecting recognition for scale and market presence among independent advisers.