Wealth manager, independent · Lady Lake, FL
Royal Fund Management, LLC
SEC-registered investment adviser · CRD 144434 · SEC 801-77918
At a glance
Royal Fund Management, LLC is an SEC-registered investment adviser based in Lady Lake, Florida, with $1.6B in regulatory assets under management as of its Form ADV filed August 21, 2026. It reports 4,940 individual clients, 375 of them high-net-worth, holding an average of about $0.3 million each, and 93 employees. That ranks it 696th among the nation’s 5,657 independent wealth management RIAs and 41st of 343 in Florida. It reports Charles Schwab as the custodian for its clients’ separately managed accounts.
Main office 352-750-1637royalfundmanagement.comAs filed on Form ADV
- Regulatory AUM
- $1.6B
- Rank among independent wealth managers
- #696 of 5,657
- Rank among all SEC RIAs
- #4,168 of 17,210
- Rank in Florida
- #41 of 343
- Individual clients
- 4,940
- High-net-worth clients
- 375
- Accounts
- 11,041
- Discretionary
- 93% of AUM
- Employees
- 93
- Advisory staff
- 83
- Offices
- 95
Owners and executives on its Form ADV
- Mark R. SorensenManaging Member/chief Executive Officer
- Stephanie MaufroyChief Compliance Officer
Custody and brokerage
Broker-dealer
No broker-dealer ties
Royal Fund Management, LLC reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Individuals | 4,565 | $1.2B | 77% |
| High-net-worth individuals | 375 | $333M | 21% |
| Corporations or other businesses | 23 | $22M | 1% |
| Charitable organizations | 3 | $0M | <1% |
Disciplinary disclosures
Royal Fund Management, LLC 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
- 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 ↗royalfundmanagement.com ↗
AtlasMembers
The full record on Royal Fund Management, 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, ten years of filings
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- Growth over one, three and five years
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- Rank against 2,455 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
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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 |
|---|---|---|
| Sierra Capital LLCMiami | $1.6B | 76 |
| Ciccarelli Advisory Services IncNaples | $1.6B | 3,553 |
| Evertern Wealth, LLCNaples | $1.6B | 233 |
| Activest Wealth Management, LLCAventura | $1.5B | 530 |
| Private Capital ManagementNaples | $1.4B | 432 |
| J. L. Bainbridge & Co., Inc.Sarasota | $1.4B | 828 |
Background
Questions
How much does Royal Fund Management, LLC manage?
Royal Fund Management, LLC reports $1.6B in regulatory assets under management across 11,041 accounts, 93% of it on a discretionary basis, on its Form ADV filed August 21, 2026.
How many clients does Royal Fund Management, LLC have?
It reports 4,940 individual clients: 375 high-net-worth individuals and 4,565 other individuals. Individuals account for about 99% of its regulatory assets.
Where is Royal Fund Management, LLC headquartered?
Its main office is in Lady Lake, Florida. It reports 95 offices in total and 93 employees, 83 of whom perform investment advisory functions.
How does Royal Fund Management, LLC charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; hourly charges; 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 Royal Fund Management, LLC use?
It reports Charles Schwab as the custodian for its clients’ separately managed accounts. On Schedule D of its Form ADV filed August 21, 2026, it reports these amounts held: Charles Schwab ($1.4B). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Royal Fund Management, LLC a hybrid RIA with a broker-dealer?
Royal Fund Management, LLC reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Is Royal Fund Management, LLC a fiduciary?
As an SEC-registered investment adviser, Royal Fund Management, LLC 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 Royal Fund Management, 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 (2026-08-21), 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 →