# GMS Group

> GMS Group is an SEC-registered investment advisory firm in East Hanover, NJ, registered since 2022, reporting under $25 million in regulatory assets under management in its Form ADV filing dated September 10, 2026.

- CRD: 8000
- Filed as: GMS GROUP
- Legal name: The GMS Group, LLC
- Also doing business as: GMS GROUP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: East Hanover, NJ
- Filing period: October 2026
- Form ADV filing dated: September 10, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/8000
- AdvisorCensus page: https://advisorcensus.com/firm/gms-group-east-hanover-nj-8000

## Quick answers

**How is GMS Group compensated?**
On its Form ADV (Item 5.E, October 2026), GMS Group 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 GMS Group located?**
GMS Group's principal office is in East Hanover, NJ, according to its Form ADV; the October 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is GMS Group registered with the SEC or a state?**
GMS Group is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 8000.

**How much does GMS Group manage?**
GMS Group reports $19,831,795 in regulatory assets under management in its Form ADV filing dated September 10, 2026 (100% discretionary).

**How have GMS Group's assets and staff changed since 2023?**
In the Form ADV data for GMS Group: Regulatory assets under management: $132,112,103 in the October 2023 data and $19,831,795 in the October 2026 data, down 85%. Total employees: 15 in October 2023 and 15 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does GMS Group serve?**
By number of clients on Form ADV Item 5.D: banking or thrift institutions (1).

**Which custodians does GMS Group use?**
GMS Group's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Pershing LLC as a custodian holding 10% or more of its separately managed account assets.

**Does GMS Group report any disciplinary disclosures?**
Reports 6 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation), 11.C(4) (SEC or CFTC order), 11.D(1) (another regulator's finding of a false statement or omission, or of dishonest, unfair, or unethical conduct), 11.D(5) (another regulator's denial, suspension, or revocation of a registration or license, bar, or restriction), 11.E(2) (self-regulatory organization's finding of a rule violation), and 11.E(4) (self-regulatory organization's expulsion, suspension, bar, or restriction). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/8000

**What changed in GMS Group's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 3 to 4. Regulatory assets under management went from $13,887,060 to $19,831,795 (+43%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Custodians (Schedule D, Section 5.K(3))
- Pershing LLC

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.

### Regulatory assets under management (Item 5.F)
- Total: $19,831,795
- Discretionary: $19,831,795
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Banking or thrift institutions | 1 | $19,831,795 |

### Advisory services (Item 5.G)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2022 (3 years)
- Employees: 15 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, NJ
- Disclosures (Item 11): Reports 6 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.C(2): Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?
- 11.C(4): Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.D(1): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate made a false statement or omission, or was dishonest, unfair, or unethical?
- 11.D(5): Has another federal regulator, a state regulator, or a foreign financial regulator ever denied, suspended, or revoked the registration or license of the firm or an advisory affiliate, prevented either by order from associating with an investment-related business, or restricted either one's activity?
- 11.E(2): Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?
- 11.E(4): Has a self-regulatory organization or a commodities exchange ever disciplined the firm or an advisory affiliate by expelling or suspending it from membership, barring or suspending it from association with other members, or otherwise restricting its activities?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/8000

### Other offices (Schedule D, Section 1.F), as of the October 2026 filing
- Miami, FL

### Websites listed on Form ADV (Item 1.I)
- gmsgroup.com
- LinkedIn @the-gms-group

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2023 | $132,112,103 | 15 | March 9, 2023 |
| October 2024 | $177,300,399 | 15 | March 5, 2024 |
| October 2025 | $13,887,060 | 15 | July 8, 2025 |
| October 2026 | $19,831,795 | 15 | September 10, 2026 |

Regulatory assets under management: $132,112,103 in the October 2023 data and $19,831,795 in the October 2026 data, down 85%.
Total employees: 15 in October 2023 and 15 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 3 to 4.
- Regulatory assets under management went from $13,887,060 to $19,831,795 (+43%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. GMS Group (CRD 8000): Form ADV filing data as of October 2026.