Wealth manager, independent · Scottsdale, AZ
Xcelsior Advisor Partners LLC
SEC-registered investment adviser · CRD 334779 · SEC 801-132014
At a glance
Xcelsior Advisor Partners LLC is an SEC-registered investment adviser based in Scottsdale, Arizona, with $2.5B in regulatory assets under management as of its Form ADV filed September 27, 2026. It reports 1,450 individual clients, 131 of them high-net-worth, holding an average of about $1.5 million each, and 25 employees. That ranks it 448th among the nation’s 5,657 independent wealth management RIAs and 9th of 125 in Arizona. It reports 2 custodians for its clients’ separately managed accounts: Fidelity and Charles Schwab.
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Main office 480-866-8616xcelsiorpartners.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $2.5B
- Rank among independent wealth managers
- #448 of 5,657
- Rank among all SEC RIAs
- #3,162 of 17,210
- Rank in Arizona
- #9 of 125
- Individual clients
- 1,450
- High-net-worth clients
- 131
- Accounts
- 4,746
- Discretionary
- 100% of AUM
- Employees
- 25
- Advisory staff
- 22
- Offices
- 8
Owners and executives on its Form ADV
- Matthew S. CurleyCo-Ceo
- Mark A. PetersonCo-Ceo
- Gene F. PucciChief Compliance Officer
- Matthew ToelkeWealth Advisor/advisor Transition Specialist
- Calum M. BashfordWealth Advisor
- Christopher M. RathmanNational Director of Branch Development
- Rebecca L GadusInvestment Advisor Representative
- David T. EubanksInvestment Advisor Representative
Custody and brokerage
Broker-dealer
Hybrid RIA
Xcelsior Advisor Partners LLC is a hybrid RIA: 9 of its employees are also registered representatives of a broker-dealer.
Its Form ADV brochure (filed September 2026) names Simplicity Investments as the broker-dealer its advisers are registered with.
Adviser is not a broker-dealer, but some of the IARs are Registered Representatives of Simplicity Investments (“Simplicity”), a full-service broker-dealer, member FINRA/SIPC, which compensates them for effecting securities 23 transactions.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Individuals | 1,319 | $1.7B | 66% |
| High-net-worth individuals | 131 | $563M | 22% |
| Corporations or other businesses | 51 | $283M | 11% |
Disciplinary disclosures
Xcelsior Advisor Partners LLC 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
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗xcelsiorpartners.com ↗
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The full record on Xcelsior Advisor Partners 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, 1 years of filings
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- Growth over one, three and five years
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- Rank against 1,604 peers of its type and size
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- Owners and executives, with titles and stakes
- 8 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
- 11Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in Arizona
All of Arizona →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Stoker Ostler, A Part of BMO Financial GroupScottsdale | $3.7B | 1,579 |
| PFG AdvisorsPhoenix | $3.3B | 7,527 |
| Trek FinancialScottsdale | $2.8B | 4,539 |
| Verus Capital Partners, LLCScottsdale | $2.3B | 5,086 |
| Versant Capital Management, Inc.Phoenix | $1.8B | 466 |
| Ironwood Investment Counsel, LLCScottsdale | $1.8B | 549 |
Background
Questions
How much does Xcelsior Advisor Partners LLC manage?
Xcelsior Advisor Partners LLC reports $2.5B in regulatory assets under management across 4,746 accounts, 100% of it on a discretionary basis, on its Form ADV filed September 27, 2026.
How many clients does Xcelsior Advisor Partners LLC have?
It reports 1,450 individual clients: 131 high-net-worth individuals and 1,319 other individuals. Individuals account for about 89% of its regulatory assets.
Where is Xcelsior Advisor Partners LLC headquartered?
Its main office is in Scottsdale, Arizona. It reports 8 offices in total and 25 employees, 22 of whom perform investment advisory functions.
How does Xcelsior Advisor Partners 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 Xcelsior Advisor Partners LLC use?
It reports 2 custodians for its clients’ separately managed accounts: Fidelity and Charles Schwab. On Schedule D of its Form ADV filed September 27, 2026, it reports these amounts held: Fidelity ($2.3B); Charles Schwab ($198M). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Xcelsior Advisor Partners LLC a hybrid RIA with a broker-dealer?
Xcelsior Advisor Partners LLC is a hybrid RIA: 9 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 Xcelsior Advisor Partners LLC a fiduciary?
As an SEC-registered investment adviser, Xcelsior Advisor Partners LLC owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. 9 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 Xcelsior Advisor Partners 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 (2026-09-27), 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 →