Wealth manager, independent · Naples, FL
Ciccarelli Advisory Services Inc
SEC-registered investment adviser · CRD 110904 · SEC 801-26103
At a glance
Ciccarelli Advisory Services Inc is an SEC-registered investment adviser based in Naples, Florida, with $1.6B in regulatory assets under management as of its Form ADV filed September 8, 2026. It reports 3,553 individual clients, 546 of them high-net-worth, holding an average of about $0.4 million each, and 16 employees. That ranks it 683rd among the nation’s 5,657 independent wealth management RIAs and 39th of 343 in Florida. It reports 2 custodians for its clients’ separately managed accounts: Charles Schwab and SEI.
Main office 239-262-6577casmoneymatters.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $1.6B
- Rank among independent wealth managers
- #683 of 5,657
- Rank among all SEC RIAs
- #4,132 of 17,210
- Rank in Florida
- #39 of 343
- Individual clients
- 3,553
- High-net-worth clients
- 546
- Accounts
- 3,553
- Discretionary
- 0% of AUM
- Employees
- 16
- Advisory staff
- 13
- Offices
- 2
Owners and executives on its Form ADV
- Jill C. RappsVice-President
- Kim C. KantorPresident, Owner
- Raymond F. CiccarelliVice-President, Owner
- Paul F. CiccarelliVice-President
- Louis K. AlbengaCco/coo
Custody and brokerage
Broker-dealer
Hybrid RIA
Ciccarelli Advisory Services Inc is a hybrid RIA: 15 of its employees are also registered representatives of a broker-dealer.
Form ADV Part 1 doesn’t name an unaffiliated broker-dealer. The firm’s Part 2A brochure (Item 10) and each adviser’s record on the SEC’s adviser search do.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 546 | $971M | 61% |
| Individuals | 3,007 | $615M | 39% |
Disciplinary disclosures
Ciccarelli Advisory Services Inc reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Selecting other advisers
- Educational seminars and workshops
How it’s paid
- A percentage of assets under management
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗casmoneymatters.com ↗
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The full record on Ciccarelli Advisory Services 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, ten years of filings
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- Growth over one, three and five years
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- Rank against 2,425 peers of its type and size
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- 5 namedLocked
- Main office, fax and compliance officer
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in Florida
All of Florida →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Slatestone Wealth LLCJupiter | $1.8B | 558 |
| ARS Wealth AdvisorsSt. Petersburg | $1.6B | 1,044 |
| Sierra Capital LLCMiami | $1.6B | 76 |
| Evertern Wealth, LLCNaples | $1.6B | 233 |
| Royal Fund Management, LLCLady Lake | $1.6B | 4,940 |
| Activest Wealth Management, LLCAventura | $1.5B | 530 |
Background
Questions
How much does Ciccarelli Advisory Services Inc manage?
Ciccarelli Advisory Services Inc reports $1.6B in regulatory assets under management across 3,553 accounts, 0% of it on a discretionary basis, on its Form ADV filed September 8, 2026.
How many clients does Ciccarelli Advisory Services Inc have?
It reports 3,553 individual clients: 546 high-net-worth individuals and 3,007 other individuals. Individuals account for about 100% of its regulatory assets.
Where is Ciccarelli Advisory Services Inc headquartered?
Its main office is in Naples, Florida. It reports 2 offices in total and 16 employees, 13 of whom perform investment advisory functions.
How does Ciccarelli Advisory Services Inc charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; fixed fees. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does Ciccarelli Advisory Services Inc use?
It reports 2 custodians for its clients’ separately managed accounts: Charles Schwab and SEI. On Schedule D of its Form ADV filed September 8, 2026, it reports these amounts held: Charles Schwab ($635M); SEI ($358M). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Ciccarelli Advisory Services Inc a hybrid RIA with a broker-dealer?
Ciccarelli Advisory Services Inc is a hybrid RIA: 15 of its employees are also registered representatives of a broker-dealer. Those representatives can also earn commissions on brokerage business through the broker-dealer, where different rules apply than for advisory accounts.
Is Ciccarelli Advisory Services Inc a fiduciary?
As an SEC-registered investment adviser, Ciccarelli Advisory Services Inc owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. 15 of its employees are also registered representatives of a broker-dealer, where different rules apply to brokerage recommendations.
Where these numbers come from
Every figure is Ciccarelli Advisory Services 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 (2026-09-08), 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). Its national rank compares it with every US-based independent wealth management RIA, the same field as The Largest RIAs. 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 →