{
  "crd_number": 290427,
  "slug": "fortis-group-advisors-llc-westwood-nj-290427",
  "primary_business_name": "FORTIS GROUP ADVISORS LLC",
  "legal_name": "FORTIS GROUP ADVISORS LLC",
  "dbas": [
    "BLAKE HAHN FINANCIAL GROUP",
    "CHRISTOPHER EDWARDS FINANCIAL ASSOCIATES, LLP",
    "CORNERSTONE ASSET MANAGEMENT",
    "DYNAMIC WEALTH CONSULTING, LLC",
    "EDWARD A. NAPHOR WEALTH SERVICES, LLC",
    "FORTIS WEALTH GROUP, LLC",
    "KALINA FINANCIAL SERVICES",
    "MGK WEALTH MANAGEMENT LLC",
    "RAMPINO WEALTH MANAGEMENT",
    "SILVER BAY FINANCIAL LLC"
  ],
  "city": "Westwood",
  "state": "NJ",
  "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": "2018-01-02",
  "years_registered": 8,
  "period": "2026-10-01",
  "filing_date": "2026-03-30",
  "carried_forward": false,
  "raum_total": 822399121.0,
  "raum_discretionary": 800385797.0,
  "raum_non_discretionary": 22013324.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 29,
  "advisory_employees": 24,
  "client_count_bucket": null,
  "clients_by_type": {
    "other": {
      "raum": 0.0,
      "count": 0
    },
    "charitable": {
      "raum": 20533841.0,
      "count": 13
    },
    "individuals": {
      "raum": 444295132.0,
      "count": 2376
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": 0
    },
    "state_municipal": {
      "raum": 0.0,
      "count": 0
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": 0
    },
    "investment_companies": {
      "raum": 0.0,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": 9944620.0,
      "count": 13
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 342243512.0,
      "count": 190
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": 5382016.0,
      "count": 12
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AK",
    "AZ",
    "CA",
    "CO",
    "CT",
    "DC",
    "DE",
    "FL",
    "GA",
    "HI",
    "IA",
    "IL",
    "LA",
    "MA",
    "MD",
    "MN",
    "NC",
    "NH",
    "NJ",
    "NV",
    "NY",
    "OH",
    "PA",
    "RI",
    "SC",
    "SD",
    "TN",
    "TX",
    "VA",
    "VT",
    "WI"
  ],
  "websites": [
    "https://christopheredwardsfinancial.com",
    "https://cornerstoneassetmn.com",
    "https://facebook.com/cornerstoneassetmanagement",
    "https://facebook.com/fortiswealthmanagement",
    "https://facebook.com/fortiswg",
    "https://facebook.com/pages/Chistopher-Edwards-Financial-Associates",
    "https://facebook.com/rampinowealthmgmt",
    "https://fortisgroupadvisors.com",
    "https://fortiswg.com",
    "https://linkedin.com/company/christopher-edwards-financial-associates/posts?feedView=all",
    "https://mgkwealth.com",
    "https://rampinowealthmgmt.com",
    "https://silverbayfinancial.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/290427",
  "city_as_filed": "WESTWOOD",
  "url": "https://advisorcensus.com/firm/fortis-group-advisors-llc-westwood-nj-290427",
  "display_name": "Fortis Group Advisors LLC",
  "summary": "Fortis Group Advisors LLC is an SEC-registered investment advisory firm in Westwood, NJ, registered since 2018, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026.",
  "citation": "AdvisorCensus. Fortis Group Advisors LLC (CRD 290427): 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",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Fortis Group Advisors LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Fortis Group Advisors LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "What does Fortis Group Advisors LLC's brochure say about its fees?",
      "a": "Its Form ADV Part 2A brochure dated March 30, 2026 states: Asset-based fee: up to 1.75% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Fortis Group Advisors LLC located?",
      "a": "Fortis Group Advisors LLC's principal office is in Westwood, NJ, according to its Form ADV; the April 2026 filing also lists 5 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Fortis Group Advisors LLC registered with the SEC or a state?",
      "a": "Fortis Group Advisors LLC is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 290427."
    },
    {
      "q": "How much does Fortis Group Advisors LLC manage?",
      "a": "Fortis Group Advisors LLC reports $822,399,121 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (97% discretionary)."
    },
    {
      "q": "How have Fortis Group Advisors LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Fortis Group Advisors LLC: Regulatory assets under management: $751,839,077 in the October 2021 data and $822,399,121 in the October 2026 data, up 9%. Total employees: 41 in October 2021 and 29 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Fortis Group Advisors LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (2,376); high net worth individuals (190); pension and profit sharing plans (but not the plan participants or government pension plans) (13)."
    },
    {
      "q": "Which custodians does Fortis Group Advisors LLC use?",
      "a": "Fortis Group Advisors LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and LPL Financial LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Fortis Group 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/290427"
    },
    {
      "q": "Does Fortis Group Advisors LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 30, 2026 says: \"Our minimum initial account value is $50,000; however, we may accept accounts for less than the minimum at our sole discretion.\""
    },
    {
      "q": "What changed in Fortis Group Advisors LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 25 to 24. No longer lists an office in Belle Harbor, NY. Registered or notice-filed in AZ."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 751839077.0,
      "total_employees": 41,
      "filing_date": "2021-09-23"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 835827537.0,
      "total_employees": 41,
      "filing_date": "2022-03-24"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 748229979.0,
      "total_employees": 42,
      "filing_date": "2023-07-24"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 783329992.0,
      "total_employees": 34,
      "filing_date": "2024-02-07"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 799559515.0,
      "total_employees": 39,
      "filing_date": "2025-06-19"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 822399121.0,
      "total_employees": 29,
      "filing_date": "2026-03-30"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 25 to 24.",
        "No longer lists an office in Belle Harbor, NY.",
        "Registered or notice-filed in AZ."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "No longer registered or notice-filed in AZ.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Registered or notice-filed in VT."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 30, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": "1.75% of assets a year",
    "account_minimum": "$50,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: up to 1.75% of assets a year (the maximum the brochure states)"
        ],
        "quotes": [
          "Our maximum investment advisory fee is 1.75% or we may negotiate a lower advisory fee."
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $50,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "Our minimum initial account value is $50,000; however, we may accept accounts for less than the minimum at our sole discretion."
        ]
      }
    ],
    "quotes": [
      "Our maximum investment advisory fee is 1.75% or we may negotiate a lower advisory fee.",
      "Our minimum initial account value is $50,000; however, we may accept accounts for less than the minimum at our sole discretion."
    ],
    "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
    },
    {
      "name": "LPL Financial LLC",
      "name_as_filed": "LPL FINANCIAL 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/fortis-group-advisors-llc-westwood-nj-290427.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 2376,
      "fewer_than_5": false,
      "raum": 444295132.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 190,
      "fewer_than_5": false,
      "raum": 342243512.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 13,
      "fewer_than_5": false,
      "raum": 9944620.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 13,
      "fewer_than_5": false,
      "raum": 20533841.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 12,
      "fewer_than_5": false,
      "raum": 5382016.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    }
  ],
  "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/290427",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}