{
  "crd_number": 316866,
  "slug": "cove-private-wealth-llc-oyster-bay-ny-316866",
  "primary_business_name": "COVE PRIVATE WEALTH, LLC",
  "legal_name": "COVE PRIVATE WEALTH, LLC",
  "dbas": [],
  "city": "Oyster Bay",
  "state": "NY",
  "country": "United States",
  "cbsa_code": "35620",
  "metro": {
    "cbsa_code": "35620",
    "common_name": "New York",
    "msa_name": "New York-Newark-Jersey City, NY-NJ",
    "path": "/advisors/ny/new-york"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2021-11-24",
  "years_registered": 4,
  "period": "2026-10-01",
  "filing_date": "2026-02-25",
  "carried_forward": false,
  "raum_total": 455483465.0,
  "raum_discretionary": 455483465.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 2,
  "advisory_employees": 2,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 5464566.0,
      "count": 1,
      "fewer_than_5": true
    },
    "pension_profit_sharing": {
      "raum": 3696727.0,
      "count": 1,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 446220537.0,
      "count": 92
    },
    "corporations_other_businesses": {
      "raum": 101635.0,
      "count": 1,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CT",
    "FL",
    "NH",
    "NJ",
    "NY",
    "TX"
  ],
  "websites": [
    "https://coveprivatewealth.com",
    "https://linkedin.com/company/cove-private-wealth-llc"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/316866",
  "city_as_filed": "OYSTER BAY",
  "url": "https://advisorcensus.com/firm/cove-private-wealth-llc-oyster-bay-ny-316866",
  "display_name": "Cove Private Wealth, LLC",
  "summary": "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.",
  "citation": "AdvisorCensus. Cove Private Wealth, LLC (CRD 316866): 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",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Pension consulting services"
  ],
  "quick_answers": [
    {
      "q": "How is Cove Private Wealth, LLC compensated?",
      "a": "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."
    },
    {
      "q": "Where is Cove Private Wealth, LLC located?",
      "a": "Cove Private Wealth, LLC's principal office is in Oyster Bay, NY, according to its Form ADV."
    },
    {
      "q": "Is Cove Private Wealth, LLC registered with the SEC or a state?",
      "a": "Cove Private Wealth, LLC is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 316866."
    },
    {
      "q": "How much does Cove Private Wealth, LLC manage?",
      "a": "Cove Private Wealth, LLC reports $455,483,465 in regulatory assets under management in its Form ADV filing dated February 25, 2026 (100% discretionary)."
    },
    {
      "q": "How have Cove Private Wealth, LLC's assets and staff changed since 2022?",
      "a": "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."
    },
    {
      "q": "What types of clients does Cove Private Wealth, LLC serve?",
      "a": "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)."
    },
    {
      "q": "Which custodians does Cove Private Wealth, LLC use?",
      "a": "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."
    },
    {
      "q": "Does Cove Private Wealth, 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/316866"
    },
    {
      "q": "What changed in Cove Private Wealth, LLC's recent Form ADV filings?",
      "a": "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."
    }
  ],
  "filing_history": [
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 109324677.0,
      "total_employees": 1,
      "filing_date": "2022-02-22"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 135296568.0,
      "total_employees": 1,
      "filing_date": "2023-02-03"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 200205837.0,
      "total_employees": 1,
      "filing_date": "2024-05-07"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 269895864.0,
      "total_employees": 2,
      "filing_date": "2025-01-14"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 455483465.0,
      "total_employees": 2,
      "filing_date": "2026-02-25"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Regulatory assets under management went from $269,895,864 to $455,483,465 (+69%).",
        "Registered or notice-filed in NH, NJ."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "Registered or notice-filed in CT."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "BofA Securities, Inc.",
      "name_as_filed": "BOFA SECURITIES, INC.",
      "affiliated": false
    },
    {
      "name": "Goldman Sachs & Co. LLC",
      "name_as_filed": "GOLDMAN SACHS & CO. 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/cove-private-wealth-llc-oyster-bay-ny-316866.md",
  "clients": [
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 92,
      "fewer_than_5": false,
      "raum": 446220537.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 1,
      "fewer_than_5": true,
      "raum": 3696727.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 1,
      "fewer_than_5": true,
      "raum": 5464566.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 1,
      "fewer_than_5": true,
      "raum": 101635.0
    }
  ],
  "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/316866",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}