{
  "crd_number": 124674,
  "slug": "ancora-advisors-llc-mayfield-heights-oh-124674",
  "primary_business_name": "ANCORA ADVISORS LLC",
  "legal_name": "ANCORA ADVISORS LLC",
  "dbas": [
    "ANCORA"
  ],
  "city": "Mayfield Heights",
  "state": "OH",
  "country": "United States",
  "cbsa_code": "17410",
  "metro": {
    "cbsa_code": "17410",
    "common_name": "Cleveland",
    "msa_name": "Cleveland, OH",
    "path": "/advisors/oh/cleveland"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2003-01-30",
  "years_registered": 23,
  "period": "2026-10-01",
  "filing_date": "2026-03-31",
  "carried_forward": false,
  "raum_total": 4614815571.0,
  "raum_discretionary": 2662561093.0,
  "raum_non_discretionary": 1952254478.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 46,
  "advisory_employees": 27,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": 318631958.0,
      "count": 37
    },
    "state_municipal": {
      "raum": 318178868.0,
      "count": 23
    },
    "insurance_companies": {
      "raum": 58508998.0,
      "count": 3
    },
    "investment_companies": {
      "raum": 659148035.0,
      "count": 13
    },
    "pension_profit_sharing": {
      "raum": 157184911.0,
      "count": 27
    },
    "high_net_worth_individuals": {
      "raum": 401406197.0,
      "count": 148
    },
    "pooled_investment_vehicles": {
      "raum": 330268650.0,
      "count": 4
    },
    "corporations_other_businesses": {
      "raum": 2371487954.0,
      "count": 52
    }
  },
  "compensation_types": [
    "fixed",
    "other",
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "other",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_investment_companies",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 2,
  "states_registered": [
    "DE",
    "FL",
    "MI",
    "OH",
    "TX"
  ],
  "websites": [
    "https://ancora.net",
    "https://focusfinancialpartners.com",
    "https://invernesswealth.com",
    "https://linkedin.com/company/2064318",
    "https://linkedin.com/company/ancora-holdings",
    "https://twitter.com/ancoraholdings",
    "https://twitter.com/focusfinancial"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/124674",
  "disclosure_items": [
    {
      "item": "11.C(2)",
      "question": "Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?"
    },
    {
      "item": "11.C(5)",
      "question": "Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?"
    }
  ],
  "city_as_filed": "MAYFIELD HEIGHTS",
  "url": "https://advisorcensus.com/firm/ancora-advisors-llc-mayfield-heights-oh-124674",
  "display_name": "Ancora Advisors LLC",
  "summary": "Ancora Advisors LLC is an SEC-registered investment advisory firm in Mayfield Heights, OH, registered since 2003, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.",
  "citation": "AdvisorCensus. Ancora Advisors LLC (CRD 124674): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)",
    "Performance-based fees",
    "Other"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for investment companies (and business development companies)",
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Ancora Advisors LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Ancora Advisors LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees; other."
    },
    {
      "q": "Where is Ancora Advisors LLC located?",
      "a": "Ancora Advisors LLC's principal office is in Mayfield Heights, OH, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Ancora Advisors LLC registered with the SEC or a state?",
      "a": "Ancora Advisors LLC is an SEC-registered investment advisory firm, registered since 2003. Status as filed: Approved. CRD 124674."
    },
    {
      "q": "How much does Ancora Advisors LLC manage?",
      "a": "Ancora Advisors LLC reports $4,614,815,571 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (58% discretionary)."
    },
    {
      "q": "How have Ancora Advisors LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Ancora Advisors LLC: Regulatory assets under management: $6,158,509,506 in the October 2021 data and $4,614,815,571 in the October 2026 data, down 25%. Total employees: 67 in October 2021 and 46 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Ancora Advisors LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (148); corporations or other businesses not listed above (52); charitable organizations (37)."
    },
    {
      "q": "Which custodians does Ancora Advisors LLC use?",
      "a": "Ancora Advisors LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Brokerage Services LLC, Fifth Third Bank and PNC Bank, National Association as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Ancora Advisors LLC report any disciplinary disclosures?",
      "a": "Reports 2 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation) and 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/124674"
    },
    {
      "q": "Does Ancora Advisors LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 27, 2026 says: \"Generally, a client account must be a minimum of $1 million unless related to other accounts which together total $1 million.\""
    },
    {
      "q": "What changed in Ancora Advisors LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 33 to 27. No longer lists an office in Naples, FL. Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 6158509506.0,
      "total_employees": 67,
      "filing_date": "2021-03-31"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 5447789801.0,
      "total_employees": 60,
      "filing_date": "2022-03-24"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 4090993997.0,
      "total_employees": 60,
      "filing_date": "2023-09-25"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 4349129178.0,
      "total_employees": 60,
      "filing_date": "2024-04-01"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 4478947496.0,
      "total_employees": 60,
      "filing_date": "2025-03-21"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 4614815571.0,
      "total_employees": 46,
      "filing_date": "2026-03-31"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 33 to 27.",
        "No longer lists an office in Naples, FL.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 27, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$1,000,000",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $1,000,000"
        ],
        "quotes": [
          "Generally, a client account must be a minimum of $1 million unless related to other accounts which together total $1 million."
        ]
      }
    ],
    "quotes": [
      "Generally, a client account must be a minimum of $1 million unless related to other accounts which together total $1 million."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Fidelity Brokerage Services LLC",
      "name_as_filed": "FIDELITY BROKERAGE SERVICES LLC",
      "affiliated": false
    },
    {
      "name": "Fifth Third Bank",
      "name_as_filed": "FIFTH THIRD BANK",
      "affiliated": false
    },
    {
      "name": "PNC Bank, National Association",
      "name_as_filed": "PNC BANK, NATIONAL ASSOCIATION",
      "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/ancora-advisors-llc-mayfield-heights-oh-124674.md",
  "clients": [
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 148,
      "fewer_than_5": false,
      "raum": 401406197.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 13,
      "fewer_than_5": false,
      "raum": 659148035.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 4,
      "fewer_than_5": false,
      "raum": 330268650.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 27,
      "fewer_than_5": false,
      "raum": 157184911.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 37,
      "fewer_than_5": false,
      "raum": 318631958.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 23,
      "fewer_than_5": false,
      "raum": 318178868.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 3,
      "fewer_than_5": false,
      "raum": 58508998.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 52,
      "fewer_than_5": false,
      "raum": 2371487954.0
    }
  ],
  "disclosure_line": "Reports 2 disclosure items on Form ADV Item 11.",
  "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/124674",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}