{ "crd_number": 337747, "slug": "cynosure-portfolio-advisors-llc-salt-lake-city-ut-337747", "primary_business_name": "CYNOSURE PORTFOLIO ADVISORS LLC", "legal_name": "CYNOSURE PORTFOLIO ADVISORS LLC", "dbas": [], "city": "Salt Lake City", "state": "UT", "country": "United States", "cbsa_code": "41620", "metro": { "cbsa_code": "41620", "common_name": "Salt Lake City", "msa_name": "Salt Lake City-Murray, UT", "path": "/advisors/ut/salt-lake-city" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2025-09-25", "years_registered": 1, "period": "2026-10-01", "filing_date": "2026-05-27", "carried_forward": false, "raum_total": 5782490.0, "raum_discretionary": 5782490.0, "raum_non_discretionary": 0.0, "raum_band": "under_25m", "raum_band_label": "Under $25 million", "total_employees": 7, "advisory_employees": 7, "client_count_bucket": null, "clients_by_type": { "individuals": { "raum": 5782490.0, "count": 48 } }, "compensation_types": [ "fixed", "hourly", "percentage_of_aum" ], "advisory_activities": [ "financial_planning", "portfolio_management_individuals" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "CA", "CT", "FL", "IL", "MA", "NJ", "NY", "TX", "UT" ], "websites": [ "https://cynosureportfolioadvisors.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/337747", "city_as_filed": "SALT LAKE CITY", "url": "https://advisorcensus.com/firm/cynosure-portfolio-advisors-llc-salt-lake-city-ut-337747", "display_name": "Cynosure Portfolio Advisors LLC", "summary": "Cynosure Portfolio Advisors LLC is an SEC-registered investment advisory firm in Salt Lake City, UT, registered since 2025, reporting under $25 million in regulatory assets under management in its Form ADV filing dated May 27, 2026.", "citation": "AdvisorCensus. Cynosure Portfolio Advisors LLC (CRD 337747): 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)" ], "advisory_activity_labels": [ "Financial planning services", "Portfolio management for individuals and/or small businesses" ], "quick_answers": [ { "q": "How is Cynosure Portfolio Advisors LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Cynosure Portfolio Advisors LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)." }, { "q": "What does Cynosure Portfolio Advisors LLC's brochure say about its fees?", "a": "Its Form ADV Part 2A brochure dated May 27, 2026 states: Asset-based fee: 0.3% to 1.5% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement." }, { "q": "Where is Cynosure Portfolio Advisors LLC located?", "a": "Cynosure Portfolio Advisors LLC's principal office is in Salt Lake City, UT, according to its Form ADV; the June 2026 filing also lists 3 other offices (Schedule D, Section 1.F)." }, { "q": "Is Cynosure Portfolio Advisors LLC registered with the SEC or a state?", "a": "Cynosure Portfolio Advisors LLC is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 337747." }, { "q": "How much does Cynosure Portfolio Advisors LLC manage?", "a": "Cynosure Portfolio Advisors LLC reports $5,782,490 in regulatory assets under management in its Form ADV filing dated May 27, 2026 (100% discretionary)." }, { "q": "What types of clients does Cynosure Portfolio Advisors LLC serve?", "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (48)." }, { "q": "Which custodians does Cynosure Portfolio Advisors LLC use?", "a": "Cynosure Portfolio Advisors LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity as a custodian holding 10% or more of its separately managed account assets." }, { "q": "Does Cynosure Portfolio Advisors 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/337747" }, { "q": "Does Cynosure Portfolio Advisors LLC state an account minimum?", "a": "Its Form ADV Part 2A brochure dated May 27, 2026 says: \"While the Firm generally does not impose an account minimum, it generally focuses its services on retail, non-high net worth individuals.\"" }, { "q": "What changed in Cynosure Portfolio Advisors LLC's recent Form ADV filings?", "a": "In the June 2026 filing data: Registered or notice-filed in CA." } ], "filing_history": [], "recent_changes": [ { "period": "2026-06-01", "period_label": "June 2026", "notes": [ "Registered or notice-filed in CA." ] }, { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Regulatory assets under management went from $0 to $5,782,490.", "Employees performing advisory functions went from 8 to 7.", "Added an office in Hoboken, NJ." ] }, { "period": "2025-12-01", "period_label": "December 2025", "notes": [ "Newly registered with the SEC." ] } ], "fees_from_brochure": { "source": "Form ADV Part 2A brochure dated May 27, 2026", "tiers": [], "flat_rate": null, "stated_range": "0.3% to 1.5% a year", "stated_maximum": null, "account_minimum": "None", "account_minimum_may_be_waived": false, "minimum_annual_fee": null, "figures": [ { "label": "Asset-based fee", "statements": [ "Asset-based fee: 0.3% to 1.5% a year (a range, as the brochure states it)" ], "quotes": [ "The Advisory Fee for Portfolio Advisory Services generally will vary between 0.30% - 1.5% based on assets under management (AUM)." ] }, { "label": "Account minimum", "statements": [ "Account minimum: None" ], "quotes": [ "While the Firm generally does not impose an account minimum, it generally focuses its services on retail, non-high net worth individuals." ] } ], "quotes": [ "The Advisory Fee for Portfolio Advisory Services generally will vary between 0.30% - 1.5% based on assets under management (AUM).", "While the Firm generally does not impose an account minimum, it generally focuses its services on retail, non-high net worth individuals." ], "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable." }, "custodians": [ { "name": "Fidelity", "name_as_filed": "FIDELITY", "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/cynosure-portfolio-advisors-llc-salt-lake-city-ut-337747.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 48, "fewer_than_5": false, "raum": 5782490.0 } ], "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/337747", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }