Wealth manager, independent · Tampa, FL
Independent Financial Partners
IFP Advisors, LLC · SEC-registered investment adviser · CRD 125112 · SEC 801-69511
At a glance
Independent Financial Partners is an SEC-registered investment adviser based in Tampa, Florida, with $16B in regulatory assets under management as of its Form ADV filed September 30, 2026. It reports 52,539 individual clients, 18,190 of them high-net-worth, holding an average of about $0.2 million each, and 328 employees. That ranks it 58th among the nation’s 5,657 independent wealth management RIAs and 3rd of 343 in Florida. It reports 4 custodians for its clients’ separately managed accounts: Fidelity, Charles Schwab, BNY Pershing and SEI.
Main office 813-341-0960ifpartners.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $16B
- Rank among independent wealth managers
- #58 of 5,657
- Rank among all SEC RIAs
- #995 of 17,210
- Rank in Florida
- #3 of 343
- Individual clients
- 52,539
- High-net-worth clients
- 18,190
- Accounts
- 54,154
- Discretionary
- 71% of AUM
- Employees
- 328
- Advisory staff
- 302
- Offices
- 172
Owners and executives on its Form ADV
- William E. HammExecutive Chairman
- Karen L. HammChief Administration Officer
- William C. HammPresident, Chief Executive Officer
- Jeffery A. AchesonChief Strategy & Growth Officer
- Aaron L. GilmanChief Investment Officer
- Torian JohnsonChief Compliance Officer
- Christopher M. BrooksDirector of Supervision
- Oscar M. MejiaChief Operating Officer
Custody and brokerage
Broker-dealer
Hybrid RIA
Independent Financial Partners is a hybrid RIA: 281 of its employees are also registered representatives of a broker-dealer. It names an affiliated broker-dealer: IFP Securities, LLC.
- IFP Securities, LLC ↗CRD 297287
An introducing broker-dealer: its trades clear through Pershing, which holds the brokerage accounts. Its annual audited report filed with the SEC, April 2026
Its Form ADV brochure (filed March 2026) names IFP Securities as the broker-dealer its advisers are registered with.
Many IARs are also dually registered as Registered Representatives (“RRs”) and solicit, offer and sell securities through IFP Securities, an affiliated, introducing broker-dealer whose accounts are held at Pershing, LLC (“Pershing”).
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 18,190 | $8.4B | 51% |
| Pension and profit sharing plans | 780 | $3.8B | 23% |
| Individuals | 34,349 | $3.5B | 21% |
| Corporations or other businesses | 707 | $616M | 4% |
| Charitable organizations | 128 | $59M | <1% |
Disciplinary disclosures
Independent Financial Partners answers yes to 8 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
- Pension consulting
- Selecting other advisers
- Educational seminars and workshops
- Other services
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
- Other
Form ADV and brochures on the SEC’s adviser search ↗ifpartners.com ↗
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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 257 peers of its type and size
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- 8 namedLocked
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- Filing changes this year, with alerts
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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 |
|---|---|---|
| CorientMiami | $165B | 25,963 |
| WE Family OfficesCoral Gables | $18B | 112 |
| CV Advisors LLCAventura | $15B | 145 |
| FacetWest Palm Beach | $7.6B | 14,741 |
| Dakota Wealth, LLCPalm Beach Gardens | $6.9B | 3,728 |
| Kovack Advisors, Inc.Ft. Lauderdale | $6.3B | 12,906 |
Compare Independent Financial Partners with
- Independent Financial Partners vs WE Family Offices $18B · Coral Gables, FL
- Independent Financial Partners vs Mission Wealth Management, LP $17B · Santa Barbara, CA
- Independent Financial Partners vs Citizens Private Wealth $17B · Tarrytown, NY
- Independent Financial Partners vs Mycio Wealth Partners, LLC $16B · Philadelphia, PA
- Independent Financial Partners vs Evercore Wealth Management, LLC $16B · New York, NY
- Independent Financial Partners vs CV Advisors LLC $15B · Aventura, FL
Background
Questions
How much does Independent Financial Partners manage?
Independent Financial Partners reports $16B in regulatory assets under management across 54,154 accounts, 71% of it on a discretionary basis, on its Form ADV filed September 30, 2026.
How many clients does Independent Financial Partners have?
It reports 52,539 individual clients: 18,190 high-net-worth individuals and 34,349 other individuals. Individuals account for about 73% of its regulatory assets.
Where is Independent Financial Partners headquartered?
Its main office is in Tampa, Florida. It reports 172 offices in total and 328 employees, 302 of whom perform investment advisory functions.
How does Independent Financial Partners charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; hourly charges; 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 Independent Financial Partners use?
It reports 4 custodians for its clients’ separately managed accounts: Fidelity, Charles Schwab, BNY Pershing and SEI. On Schedule D of its Form ADV filed September 30, 2026, it reports these amounts held: Fidelity ($1.5B); Charles Schwab ($1.3B); BNY Pershing ($893M); SEI ($647M). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Independent Financial Partners a hybrid RIA with a broker-dealer?
Independent Financial Partners is a hybrid RIA: 281 of its employees are also registered representatives of a broker-dealer. It names an affiliated broker-dealer: IFP Securities, LLC. IFP Securities, LLC clears through Pershing, according to its annual report filed with the SEC. Those representatives can also earn commissions on brokerage business through the broker-dealer, where different rules apply than for advisory accounts.
Is Independent Financial Partners a fiduciary?
As an SEC-registered investment adviser, Independent Financial Partners owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. 281 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 Independent Financial Partners’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 (2026-09-30), 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 →