{
  "crd_number": 150463,
  "slug": "andbanc-advisory-llc-miami-fl-150463",
  "primary_business_name": "ANDBANC ADVISORY LLC",
  "legal_name": "ANDBANC ADVISORY LLC",
  "dbas": [],
  "city": "Miami",
  "state": "FL",
  "country": "United States",
  "cbsa_code": "33100",
  "metro": {
    "cbsa_code": "33100",
    "common_name": "Miami",
    "msa_name": "Miami-Fort Lauderdale-West Palm Beach, FL",
    "path": "/advisors/fl/miami"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2014-05-19",
  "years_registered": 12,
  "period": "2026-10-01",
  "filing_date": "2026-05-18",
  "carried_forward": false,
  "raum_total": 806476121.0,
  "raum_discretionary": 537527749.0,
  "raum_non_discretionary": 268948372.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 13,
  "advisory_employees": 10,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 177424747.0,
      "count": 95
    },
    "high_net_worth_individuals": {
      "raum": 629051374.0,
      "count": 377
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_pooled_vehicles",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "FL"
  ],
  "websites": [],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/150463",
  "city_as_filed": "MIAMI",
  "url": "https://advisorcensus.com/firm/andbanc-advisory-llc-miami-fl-150463",
  "display_name": "Andbanc Advisory LLC",
  "summary": "Andbanc Advisory LLC is an SEC-registered investment advisory firm in Miami, FL, registered since 2014, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated May 18, 2026.",
  "citation": "AdvisorCensus. Andbanc Advisory LLC (CRD 150463): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Andbanc Advisory LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Andbanc Advisory LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); performance-based fees."
    },
    {
      "q": "Where is Andbanc Advisory LLC located?",
      "a": "Andbanc Advisory LLC's principal office is in Miami, FL, according to its Form ADV."
    },
    {
      "q": "Is Andbanc Advisory LLC registered with the SEC or a state?",
      "a": "Andbanc Advisory LLC is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 150463."
    },
    {
      "q": "How much does Andbanc Advisory LLC manage?",
      "a": "Andbanc Advisory LLC reports $806,476,121 in regulatory assets under management in its Form ADV filing dated May 18, 2026 (67% discretionary)."
    },
    {
      "q": "How have Andbanc Advisory LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Andbanc Advisory LLC: Regulatory assets under management: $666,929,073 in the October 2021 data and $806,476,121 in the October 2026 data, up 21%. Total employees: 6 in October 2021 and 13 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Andbanc Advisory LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (377); individuals (other than high net worth individuals) (95)."
    },
    {
      "q": "Which custodians does Andbanc Advisory LLC use?",
      "a": "Andbanc Advisory LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Pershing LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Andbanc Advisory LLC 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/150463"
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 666929073.0,
      "total_employees": 6,
      "filing_date": "2021-07-01"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 734554546.0,
      "total_employees": 6,
      "filing_date": "2022-08-11"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 733757841.0,
      "total_employees": 6,
      "filing_date": "2023-09-06"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 855064993.0,
      "total_employees": 10,
      "filing_date": "2024-04-02"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 871799895.0,
      "total_employees": 12,
      "filing_date": "2025-07-24"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 806476121.0,
      "total_employees": 13,
      "filing_date": "2026-05-18"
    }
  ],
  "recent_changes": [],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Pershing LLC",
      "name_as_filed": "PERSHING 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/andbanc-advisory-llc-miami-fl-150463.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 95,
      "fewer_than_5": false,
      "raum": 177424747.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 377,
      "fewer_than_5": false,
      "raum": 629051374.0
    }
  ],
  "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/150463",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}