# Ancora Private Wealth Advisors, LLC

> Ancora Private Wealth Advisors, LLC is an SEC-registered investment advisory firm in Cleveland, OH, registered since 2003, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated April 1, 2026.

- CRD: 124845
- Filed as: ANCORA PRIVATE WEALTH ADVISORS, LLC
- Also doing business as: ANCORA
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Cleveland, OH
- Filing period: October 2026
- Form ADV filing dated: April 1, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/124845
- AdvisorCensus page: https://advisorcensus.com/firm/ancora-private-wealth-advisors-llc-cleveland-oh-124845

## Quick answers

**How is Ancora Private Wealth Advisors, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Ancora Private Wealth Advisors, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees; other.

**Where is Ancora Private Wealth Advisors, LLC located?**
Ancora Private Wealth Advisors, LLC's principal office is in Cleveland, OH, according to its Form ADV; the May 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Ancora Private Wealth Advisors, LLC registered with the SEC or a state?**
Ancora Private Wealth Advisors, LLC is an SEC-registered investment advisory firm, registered since 2003. Status as filed: Approved. CRD 124845.

**How much does Ancora Private Wealth Advisors, LLC manage?**
Ancora Private Wealth Advisors, LLC reports $3,899,628,309 in regulatory assets under management in its Form ADV filing dated April 1, 2026 (97% discretionary).

**How have Ancora Private Wealth Advisors, LLC's assets and staff changed since 2021?**
In the Form ADV data for Ancora Private Wealth Advisors, LLC: Regulatory assets under management: $1,983,664,519 in the October 2021 data and $3,899,628,309 in the October 2026 data, up 97%. Total employees: 62 in October 2021 and 53 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Ancora Private Wealth Advisors, LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (4,414); corporations or other businesses not listed above (40); charitable organizations (28).

**Which custodians does Ancora Private Wealth Advisors, LLC use?**
Ancora Private Wealth Advisors, LLC's 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.

**Does Ancora Private Wealth Advisors, LLC report any disciplinary disclosures?**
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/124845

**Does Ancora Private Wealth Advisors, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 31, 2026 says: "Generally, a client account must be a minimum of $750,000 unless related to other accounts which together total $750,000."

**What changed in Ancora Private Wealth Advisors, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 33 to 29. Regulatory assets under management went from $3,213,280,712 to $3,899,628,309 (+21%). No longer lists an office in Naples, FL. Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Performance-based fees
- Other

### Fees and minimums (Form ADV Part 2A brochure dated March 31, 2026)

- Account minimum: $750,000

> Generally, a client account must be a minimum of $750,000 unless related to other accounts which together total $750,000.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- Fidelity Brokerage Services LLC

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.

### Regulatory assets under management (Item 5.F)
- Total: $3,899,628,309
- Discretionary: $3,776,712,376
- Non-discretionary: $122,915,933

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| High net worth individuals | 4,414 | $3,694,696,029 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 27 | $45,705,711 |
| Charitable organizations | 28 | $28,902,614 |
| Corporations or other businesses not listed above | 40 | $130,323,955 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services
- Selection of other advisers (including private fund managers)
- Other

### Firm details
- Registered since: 2003 (23 years)
- Employees: 53 total, 29 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, CO, CT, FL, IL, IN, MA, MI, MN, NC, NH, NJ, NY, OH, PA, SC, TX, WI
- Disclosures (Item 11): Reports 2 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.C(2): 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?
- 11.C(5): 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?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/124845

### Other offices (Schedule D, Section 1.F), as of the May 2026 filing
- Bloomfield Hills, MI

### Websites listed on Form ADV (Item 1.I)
- ancora.net
- focusfinancialpartners.com
- invernesswealth.com
- LinkedIn @2064318
- LinkedIn @ancora-holdings
- X @ancoraadvisors
- X @focusfinancial

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,983,664,519 | 62 | March 31, 2021 |
| October 2022 | $2,449,637,053 | 62 | March 24, 2022 |
| October 2023 | $2,258,611,511 | 62 | September 25, 2023 |
| October 2024 | $2,708,839,827 | 65 | March 5, 2024 |
| October 2025 | $3,213,280,712 | 65 | March 21, 2025 |
| October 2026 | $3,899,628,309 | 53 | April 1, 2026 |

Regulatory assets under management: $1,983,664,519 in the October 2021 data and $3,899,628,309 in the October 2026 data, up 97%.
Total employees: 62 in October 2021 and 53 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 33 to 29.
- Regulatory assets under management went from $3,213,280,712 to $3,899,628,309 (+21%).
- No longer lists an office in Naples, FL.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Ancora Private Wealth Advisors, LLC (CRD 124845): Form ADV filing data as of October 2026.