Broker-dealer firm · Lake Worth, FL
1st Discount Brokerage, Inc.
SEC-registered investment adviser · CRD 39164 · SEC 801-132978
At a glance
1st Discount Brokerage, Inc. is an SEC-registered investment adviser based in Lake Worth, Florida, with $131 million in regulatory assets under management as of its Form ADV filed March 31, 2026. Its largest client group by assets is high-net-worth individuals, and it reports 216 individual clients. By Form ADV it is a broker-dealer firm, ranked 319th of 391 broker-dealer firms and 14,313th of 17,210 SEC-registered advisers by assets.
Main office 561-515-32001db.comAs filed on Form ADV
- Regulatory AUM
- $131M
- Rank among broker-dealer firms
- #319 of 391
- Rank among all SEC RIAs
- #14,313 of 17,210
- Rank in Florida
- #895 of 1,090
- Individual clients
- 216
- High-net-worth clients
- 83
- Accounts
- 352
- Discretionary
- 58% of AUM
- Employees
- 8
- Advisory staff
- 8
- Offices
- 3
Owners and executives on its Form ADV
- William Harold Jr CorleyPresident
- Aileen M GallagherFinop
- George Patrick RohloffRosfp
- William Harold Jr CorleyMunicipal Principal
- George Patrick RohloffChief Compliance Officer
Custody and brokerage
Broker-dealer
Hybrid RIA
1st Discount Brokerage, Inc. is a hybrid RIA: 8 of its employees are also registered representatives of a broker-dealer. It names an affiliated broker-dealer: 1st Discount Brokerage, Inc..
- 1st Discount Brokerage, Inc. ↗CRD 39164
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 83 | $118M | 90% |
| Individuals | 133 | $10M | 7% |
| Corporations or other businesses | 1 | $2M | 1% |
| Charitable organizations | 1 | $2M | 1% |
| Pension and profit sharing plans | 1 | $0M | <1% |
Disciplinary disclosures
1st Discount Brokerage, Inc. answers yes to 12 disclosure items in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for businesses and institutions
- Pension consulting
- Selecting other advisers
- Other services
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗1db.com ↗
AtlasMembers
The full record on 1st Discount Brokerage, Inc.
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, 1 years of filings
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- Growth over one, three and five years
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- Rank against 122 peers of its type and size
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- Owners and executives, with titles and stakes
- 5 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Background
Questions
How much does 1st Discount Brokerage, Inc. manage?
1st Discount Brokerage, Inc. reports $131 million in regulatory assets under management across 352 accounts, 58% of it on a discretionary basis, on its Form ADV filed March 31, 2026.
What kind of firm is 1st Discount Brokerage, Inc.?
1st Discount Brokerage, Inc. is a broker-dealer firm by its Form ADV answers. The firm is itself registered as a broker-dealer as well as an investment adviser. A public reporting company controls it.
Who are 1st Discount Brokerage, Inc.’s clients?
By assets, its largest client types are high-net-worth individuals ($118 million, 83 clients); individuals ($10 million, 133 clients); corporations or other businesses ($2 million, 1 clients).
Does 1st Discount Brokerage, Inc. have any disciplinary history?
1st Discount Brokerage, Inc. answers yes to 12 disclosure items in Item 11 of Form ADV, which covers criminal, regulatory and civil matters involving the firm or its advisory affiliates. The details are on the SEC’s adviser search.
Where these numbers come from
Every figure is 1st Discount Brokerage, Inc.’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-03-31), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →