Wealth manager, bank-affiliated · Sarasota, FL
Cumberland Advisors
Cumberland Advisors, LLC · SEC-registered investment adviser · CRD 107964 · SEC 801-55344
At a glance
Cumberland Advisors is an SEC-registered investment adviser based in Sarasota, Florida, with $3.2B in regulatory assets under management as of its Form ADV filed February 2, 2026. It reports 1,091 individual clients, 206 of them high-net-worth, holding an average of about $1.6 million each, and 36 employees. That ranks it 332nd among the nation’s 5,657 independent wealth management RIAs and 14th of 343 in Florida. It reports 5 custodians for its clients’ separately managed accounts: Morgan Stanley, Charles Schwab, Fidelity, U.S. Bancorp Investments and BNY Pershing.
Main office 800-257-7013LinkedInAs filed on Form ADV
- Regulatory AUM
- $3.2B
- Rank among independent wealth managers
- #332 of 5,657
- Rank among all SEC RIAs
- #2,719 of 17,210
- Rank in Florida
- #14 of 343
- Individual clients
- 1,091
- High-net-worth clients
- 206
- Accounts
- 2,349
- Discretionary
- 100% of AUM
- Employees
- 36
- Advisory staff
- 18
- Offices
- 1
Owners and executives on its Form ADV
- John R. MousseauChief Investment Officer
- Phyllis A. StreitTreasurer, Chief Financial Officer
- Mark J. MyersChief Operating Officer
- Matthew C. McAleerPresident of Private Wealth Management
- Donna M. JacksonManaging Director of Operations & IT
- Benjamin C. PeasePresident of Asset Management
- Giselle CasellaChief Compliance Officer
Custody and brokerage
5 custodians
- Morgan Stanley$740M27%
- Charles Schwab$555M20%
- Fidelity$522M19%
- U.S. Bancorp Investments$492M18%
- BNY Pershing$450M16%
Broker-dealer
No broker-dealer ties
Cumberland Advisors reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Other | 106 | $1.2B | 37% |
| Individuals | 885 | $993M | 31% |
| High-net-worth individuals | 206 | $718M | 22% |
| Corporations or other businesses | 13 | $141M | 4% |
| State or municipal government entities | 5 | $66M | 2% |
| Charitable organizations | 11 | $65M | 2% |
| Pension and profit sharing plans | 8 | $50M | 2% |
| Insurance companies | 1 | $4M | <1% |
| Pooled investment vehicles | 1 | $3M | <1% |
Disciplinary disclosures
Cumberland Advisors 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
- Portfolio management for businesses and institutions
- Pension consulting
- Market timing
- Other services
How it’s paid
- A percentage of assets under management
- Fixed fees
- Other
Form ADV and brochures on the SEC’s adviser search ↗
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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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- Rank against 1,267 peers of its type and size
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- 7 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 |
|---|---|---|
| CWA Asset Management GroupNaples | $4.5B | 1,875 |
| Sound Income Strategies, LLCFort Lauderdale | $4.2B | 24,734 |
| Certuity, LLCNorth Palm Beach | $3.3B | 464 |
| Evensky & Katz/foldes Wealth ManagementCoral Gables | $3.2B | 1,165 |
| Csenge Advisory Group, LLCClearwater | $3.2B | 7,147 |
| Cyndeo Wealth PartnersSt. Petersburg | $3.2B | 1,219 |
Background
Questions
How much does Cumberland Advisors manage?
Cumberland Advisors reports $3.2B in regulatory assets under management across 2,349 accounts, 100% of it on a discretionary basis, on its Form ADV filed February 2, 2026.
How many clients does Cumberland Advisors have?
It reports 1,091 individual clients: 206 high-net-worth individuals and 885 other individuals. Individuals account for about 53% of its regulatory assets.
Where is Cumberland Advisors headquartered?
Its main office is in Sarasota, Florida. It reports 1 office in total and 36 employees, 18 of whom perform investment advisory functions.
How does Cumberland Advisors charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; fixed fees; other. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does Cumberland Advisors use?
It reports 5 custodians for its clients’ separately managed accounts: Morgan Stanley, Charles Schwab, Fidelity, U.S. Bancorp Investments and BNY Pershing. On Schedule D of its Form ADV filed February 2, 2026, it reports these amounts held: Morgan Stanley ($740M); Charles Schwab ($555M); Fidelity ($522M); U.S. Bancorp Investments ($492M); BNY Pershing ($450M). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Cumberland Advisors a hybrid RIA with a broker-dealer?
Cumberland Advisors reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Is Cumberland Advisors a fiduciary?
As an SEC-registered investment adviser, Cumberland Advisors owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. It reports no employees who are registered representatives of a broker-dealer.
Where these numbers come from
Every figure is Cumberland Advisors’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 (2026-02-02), 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 →