{
  "crd_number": 329635,
  "slug": "advantage-wealth-partners-fort-myers-fl-329635",
  "primary_business_name": "ADVANTAGE WEALTH PARTNERS",
  "legal_name": "TOUNJIAN ADVISORY PARTNERS LLC",
  "dbas": [
    "ADVANTAGE WEALTH PARTNERS",
    "SAVING THE INVESTOR"
  ],
  "city": "Fort Myers",
  "state": "FL",
  "country": "United States",
  "cbsa_code": "15980",
  "metro": {
    "cbsa_code": "15980",
    "common_name": "Cape Coral",
    "msa_name": "Cape Coral-Fort Myers, FL",
    "path": "/advisors/fl/cape-coral"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2024-02-08",
  "years_registered": 2,
  "period": "2026-10-01",
  "filing_date": "2026-03-11",
  "carried_forward": false,
  "raum_total": 675467357.0,
  "raum_discretionary": 675467357.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 10,
  "advisory_employees": 4,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 192077127.0,
      "count": 373
    },
    "pension_profit_sharing": {
      "raum": 15305851.0,
      "count": 7
    },
    "high_net_worth_individuals": {
      "raum": 457668714.0,
      "count": 197
    },
    "corporations_other_businesses": {
      "raum": 10415665.0,
      "count": 6
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AL",
    "DE",
    "FL",
    "MI",
    "NH",
    "TX"
  ],
  "websites": [
    "https://advantagewealthpartners.com",
    "https://facebook.com/AdvantageRetirementGroup",
    "https://instagram.com/advantageretirementgroup",
    "https://linkedin.com/in/alfie-m-tounjian-cfp%C2%AE-rfc-08411426",
    "https://youtube.com/@advantageretirementgroup/videos",
    "https://youtube.com/channel/UCZdwXNurWEQ8r_DS4KeOFoQ"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/329635",
  "city_as_filed": "FORT MYERS",
  "url": "https://advisorcensus.com/firm/advantage-wealth-partners-fort-myers-fl-329635",
  "display_name": "Advantage Wealth Partners",
  "summary": "Advantage Wealth Partners is an SEC-registered investment advisory firm in Fort Myers, FL, registered since 2024, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 11, 2026.",
  "citation": "AdvisorCensus. Advantage Wealth Partners (CRD 329635): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Advantage Wealth Partners compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Advantage Wealth Partners reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "How much does Advantage Wealth Partners charge?",
      "a": "Its Form ADV Part 2A brochure dated March 11, 2026 states: Asset-based fee: 0.6% to 1.4% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Advantage Wealth Partners located?",
      "a": "Advantage Wealth Partners' principal office is in Fort Myers, FL, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Advantage Wealth Partners registered with the SEC or a state?",
      "a": "Advantage Wealth Partners is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 329635."
    },
    {
      "q": "How much does Advantage Wealth Partners manage?",
      "a": "Advantage Wealth Partners reports $675,467,357 in regulatory assets under management in its Form ADV filing dated March 11, 2026 (100% discretionary)."
    },
    {
      "q": "How have Advantage Wealth Partners' assets and staff changed since 2024?",
      "a": "In the Form ADV data for Advantage Wealth Partners: Regulatory assets under management: $459,031,318 in the October 2024 data and $675,467,357 in the October 2026 data, up 47%. Total employees: 8 in October 2024 and 10 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Advantage Wealth Partners serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (373); high net worth individuals (197); pension and profit sharing plans (but not the plan participants or government pension plans) (7)."
    },
    {
      "q": "Which custodians does Advantage Wealth Partners use?",
      "a": "Advantage Wealth Partners' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Fidelity Brokerage Services LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Advantage Wealth Partners report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/329635"
    },
    {
      "q": "What changed in Advantage Wealth Partners' recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $518,345,692 to $675,467,357 (+30%). Added the business name Advantage Wealth Partners. No longer lists the business name Advantage Retirement Group. Registered or notice-filed in DE. Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 459031318.0,
      "total_employees": 8,
      "filing_date": "2024-09-18"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 518345692.0,
      "total_employees": 9,
      "filing_date": "2025-07-25"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 675467357.0,
      "total_employees": 10,
      "filing_date": "2026-03-11"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $518,345,692 to $675,467,357 (+30%).",
        "Added the business name Advantage Wealth Partners.",
        "No longer lists the business name Advantage Retirement Group.",
        "Registered or notice-filed in DE.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 11, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": "0.6% to 1.4% a year",
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 0.6% to 1.4% a year (a range, as the brochure states it)"
        ],
        "quotes": [
          "Fees range from 0.60% to 1.40% annually based on several factors, including: the scope and complexity of the services to be provided; the level of assets to be managed; and the overall relationship with the Advisor."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": [
        0.6,
        1.4
      ],
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "Fees range from 0.60% to 1.40% annually based on several factors, including: the scope and complexity of the services to be provided; the level of assets to be managed; and the overall relationship with the Advisor."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "Fidelity Brokerage Services LLC",
      "name_as_filed": "FIDELITY BROKERAGE SERVICES LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/advantage-wealth-partners-fort-myers-fl-329635.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 373,
      "fewer_than_5": false,
      "raum": 192077127.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 197,
      "fewer_than_5": false,
      "raum": 457668714.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 7,
      "fewer_than_5": false,
      "raum": 15305851.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 6,
      "fewer_than_5": false,
      "raum": 10415665.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/329635",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}