{
  "crd_number": 320832,
  "slug": "dover-advisors-llc-320832",
  "primary_business_name": "DOVER ADVISORS, LLC",
  "legal_name": "DOVER ADVISORS, LLC",
  "dbas": [],
  "city": null,
  "state": null,
  "country": null,
  "cbsa_code": null,
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2022-05-02",
  "years_registered": 4,
  "period": "2026-10-01",
  "filing_date": "2026-07-21",
  "carried_forward": false,
  "raum_total": 375711463.0,
  "raum_discretionary": 341685918.0,
  "raum_non_discretionary": 34025545.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 7,
  "advisory_employees": 6,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 25133543.0,
      "count": 55
    },
    "high_net_worth_individuals": {
      "raum": 350577920.0,
      "count": 73
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "FL",
    "GA",
    "NC",
    "VA"
  ],
  "websites": [
    "https://doveradvisors.com",
    "https://linkedin.com/company/dover-advisors"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/320832",
  "city_as_filed": null,
  "url": "https://advisorcensus.com/firm/dover-advisors-llc-320832",
  "display_name": "Dover Advisors, LLC",
  "summary": "Dover Advisors, LLC is an SEC-registered investment advisory firm, registered since 2022, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated July 21, 2026.",
  "citation": "AdvisorCensus. Dover Advisors, LLC (CRD 320832): 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 Dover Advisors, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Dover Advisors, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "What does Dover Advisors, LLC's brochure say about its fees?",
      "a": "Its Form ADV Part 2A brochure dated July 21, 2026 states: Asset-based fee: 0.3% to 1.25% 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": "Is Dover Advisors, LLC registered with the SEC or a state?",
      "a": "Dover Advisors, LLC is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 320832."
    },
    {
      "q": "How much does Dover Advisors, LLC manage?",
      "a": "Dover Advisors, LLC reports $375,711,463 in regulatory assets under management in its Form ADV filing dated July 21, 2026 (91% discretionary)."
    },
    {
      "q": "How have Dover Advisors, LLC's assets and staff changed since 2022?",
      "a": "In the Form ADV data for Dover Advisors, LLC: Regulatory assets under management: $111,900,000 in the October 2022 data and $375,711,463 in the October 2026 data, up 236%. Total employees: 4 in October 2022 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Dover Advisors, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (73); individuals (other than high net worth individuals) (55)."
    },
    {
      "q": "Which custodians does Dover Advisors, LLC use?",
      "a": "Dover Advisors, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Dover 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/320832"
    },
    {
      "q": "Does Dover Advisors, LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated July 21, 2026 says: \"Dover Advisors generally does not impose a minimum relationship size.\""
    },
    {
      "q": "What changed in Dover Advisors, LLC's recent Form ADV filings?",
      "a": "In the March 2026 filing data: Employees performing advisory functions went from 5 to 6. Regulatory assets under management went from $332,550,000 to $375,711,463 (+13%)."
    }
  ],
  "filing_history": [
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 111900000.0,
      "total_employees": 4,
      "filing_date": "2022-09-14"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 155070000.0,
      "total_employees": 5,
      "filing_date": "2023-07-14"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 261400000.0,
      "total_employees": 7,
      "filing_date": "2024-02-14"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 332550000.0,
      "total_employees": 6,
      "filing_date": "2025-02-12"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 375711463.0,
      "total_employees": 7,
      "filing_date": "2026-07-21"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Employees performing advisory functions went from 5 to 6.",
        "Regulatory assets under management went from $332,550,000 to $375,711,463 (+13%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated July 21, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": "0.3% to 1.25% 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 1.25% a year (a range, as the brochure states it)"
        ],
        "quotes": [
          "Fees range from 0.30% to 1.25% annually based on several factors, including: the scope and complexity of the services to be provided; the level of assets to be managed; and the overall relationship with the Advisor."
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "Dover Advisors generally does not impose a minimum relationship size."
        ]
      }
    ],
    "quotes": [
      "Fees range from 0.30% to 1.25% annually based on several factors, including: the scope and complexity of the services to be provided; the level of assets to be managed; and the overall relationship with the Advisor.",
      "Dover Advisors generally does not impose a minimum relationship size."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "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/dover-advisors-llc-320832.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 55,
      "fewer_than_5": false,
      "raum": 25133543.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 73,
      "fewer_than_5": false,
      "raum": 350577920.0
    }
  ],
  "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/320832",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}