AdvisorCensus / Financial advisors / New York / New York / Cove Private Wealth, LLC
Cove Private Wealth, LLC is an SEC-registered investment advisory firm in Oyster Bay, NY, registered since 2021, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated February 25, 2026.
Quick answers
From the filingHow is Cove Private Wealth, LLC compensated?
On its Form ADV (Item 5.E, October 2026), Cove Private Wealth, LLC reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure.
Where is Cove Private Wealth, LLC located?
Cove Private Wealth, LLC's principal office is in Oyster Bay, NY, according to its Form ADV.
Is Cove Private Wealth, LLC registered with the SEC or a state?
Cove Private Wealth, LLC is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 316866.
How much does Cove Private Wealth, LLC manage?
Cove Private Wealth, LLC reports $455,483,465 in regulatory assets under management in its Form ADV filing dated February 25, 2026 (100% discretionary).
How have Cove Private Wealth, LLC's assets and staff changed since 2022?
In the Form ADV data for Cove Private Wealth, LLC: Regulatory assets under management: $109,324,677 in the October 2022 data and $455,483,465 in the October 2026 data, up 317%. Total employees: 1 in October 2022 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Cove Private Wealth, LLC serve?
By number of clients on Form ADV Item 5.D: high net worth individuals (92); pension and profit sharing plans (but not the plan participants or government pension plans) (1); charitable organizations (1).
Which custodians does Cove Private Wealth, LLC use?
Cove Private Wealth, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists BofA Securities, Inc. and Goldman Sachs & Co. LLC as custodians holding 10% or more of its separately managed account assets.
Does Cove Private Wealth, LLC report any disciplinary disclosures?
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/316866
What changed in Cove Private Wealth, LLC's recent Form ADV filings?
In the March 2026 filing data: Regulatory assets under management went from $269,895,864 to $455,483,465 (+69%). Registered or notice-filed in NH, NJ.
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AThe brochure lists different fees for different services or strategies. See the firm's brochure (dated February 19, 2026) for its fees and any account minimum, on the SEC's IAPD site.
Regulatory assets under management
Item 5.F$455,483,465 as of October 2026, filing dated February 25, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2021 (4 years)
- Employees
- Total: 2. Performing investment advisory functions: 2.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
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.
- States registered or notice-filed
-
6 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $455,483,465 | 2 | February 25, 2026 |
| October 2025 | $269,895,864 | 2 | January 14, 2025 |
| October 2024 | $200,205,837 | 1 | May 7, 2024 |
| October 2023 | $135,296,568 | 1 | February 3, 2023 |
| October 2022 | $109,324,677 | 1 | February 22, 2022 |
Regulatory assets under management: $109,324,677 in the October 2022 data and $455,483,465 in the October 2026 data, up 317%.
Total employees: 1 in October 2022 and 2 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- March 2026
- Regulatory assets under management went from $269,895,864 to $455,483,465 (+69%).
- Registered or notice-filed in NH, NJ.
- January 2026
- Registered or notice-filed in CT.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Cove Private Wealth, LLC (CRD 316866): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/cove-private-wealth-llc-oyster-bay-ny-316866