Wealth manager, independent · Louisville, KY
Magnate Advisory Services, LLC
SEC-registered investment adviser · CRD 283056 · SEC 801-118616
At a glance
Magnate Advisory Services, LLC is an SEC-registered investment adviser based in Louisville, Kentucky, with $314 million in regulatory assets under management as of its Form ADV filed March 30, 2026. Its largest client group by assets is individuals, and it reports 1,572 individual clients. By Form ADV it is a wealth manager, ranked 4,245th of 8,915 wealth managers and 9,939th of 17,210 SEC-registered advisers by assets.
Main office 502-855-3160magnatewealth.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $314M
- Rank among wealth managers
- #4,245 of 8,915
- Rank among all SEC RIAs
- #9,939 of 17,210
- Rank in Kentucky
- #54 of 85
- Individual clients
- 1,572
- High-net-worth clients
- 67
- Accounts
- 2,229
- Discretionary
- 97% of AUM
- Employees
- 7
- Advisory staff
- 7
- Offices
- 4
Owners and executives on its Form ADV
- Brent A. GorterSenior Partner
- James C. NicholsonManaging Partner/chief Compliance Officer
Custody and brokerage
2 custodians
- Fidelity Distributors Company$264M87%
- Capital Client Group$40M13%
Other RIAs using Fidelity Distributors CompanyOther multi-custodian RIAs
Broker-dealer
Hybrid RIA
Magnate Advisory Services, LLC is a hybrid RIA: 5 of its employees are also registered representatives of a broker-dealer.
Its Form ADV brochure (filed March 2026) names Silver Oak Securities, an unaffiliated broker-dealer, as the broker-dealer its advisers are registered with.
ave material relationships due to their roles as registered representatives of Silver Oak Securities, Inc., a FINRA member introducing broker/dealer.5 In an effort to provide as wide a range of advisory services to clients, associates of o
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Individuals | 1,505 | $189M | 60% |
| High-net-worth individuals | 67 | $115M | 37% |
| Pension and profit sharing plans | 4 | $10M | 3% |
Disciplinary disclosures
Magnate Advisory Services, LLC answers yes to 2 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
- Educational seminars and workshops
- 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 ↗magnatewealth.com ↗
AtlasMembers
The full record on Magnate Advisory Services, LLC
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, 5 years of filings
- Locked
- Growth over one, three and five years
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- Rank against 6,555 peers of its type and size
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- Owners and executives, with titles and stakes
- 2 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
- 1Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Magnate Advisory Services, LLC manage?
Magnate Advisory Services, LLC reports $314 million in regulatory assets under management across 2,229 accounts, 97% of it on a discretionary basis, on its Form ADV filed March 30, 2026.
What kind of firm is Magnate Advisory Services, LLC?
Magnate Advisory Services, LLC is a wealth manager by its Form ADV answers. At least half of its regulatory assets are managed for individuals and high-net-worth individuals.
Who are Magnate Advisory Services, LLC’s clients?
By assets, its largest client types are individuals ($189 million, 1,505 clients); high-net-worth individuals ($115 million, 67 clients); pension and profit sharing plans ($10 million, 4 clients).
Does Magnate Advisory Services, LLC have any disciplinary history?
Magnate Advisory Services, LLC answers yes to 2 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 Magnate Advisory Services, LLC’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 (2026-03-30), 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). 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 →