{
  "crd_number": 168674,
  "slug": "ibex-wealth-advisors-llc-west-palm-beach-fl-168674",
  "primary_business_name": "IBEX WEALTH ADVISORS, LLC",
  "legal_name": "IBEX WEALTH ADVISORS, LLC",
  "dbas": [
    "PHIL RONGO WEALTH MANAGEMENT"
  ],
  "city": "West Palm Beach",
  "state": "FL",
  "country": "United States",
  "cbsa_code": "33100",
  "metro": {
    "cbsa_code": "33100",
    "common_name": "Miami",
    "msa_name": "Miami-Fort Lauderdale-West Palm Beach, FL",
    "path": "/advisors/fl/miami"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2014-01-02",
  "years_registered": 12,
  "period": "2026-10-01",
  "filing_date": "2026-09-14",
  "carried_forward": false,
  "raum_total": 1284279818.0,
  "raum_discretionary": 1284279818.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 10,
  "advisory_employees": 5,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "individuals": {
      "raum": 134665721.0,
      "count": 469
    },
    "pension_profit_sharing": {
      "raum": 902059.0,
      "count": 2,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 1111422731.0,
      "count": 400
    },
    "corporations_other_businesses": {
      "raum": 37289307.0,
      "count": 21
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "CO",
    "CT",
    "DE",
    "FL",
    "GA",
    "IL",
    "LA",
    "MA",
    "MD",
    "NC",
    "NJ",
    "NY",
    "OH",
    "PA",
    "SC",
    "TN",
    "TX",
    "VA"
  ],
  "websites": [
    "https://ibexwealth.com",
    "https://linkedin.com/IN/ANDRERAPOPORT2001",
    "https://linkedin.com/IN/DENISE PAIGE-ANDERSON",
    "https://linkedin.com/IN/GLENN-STEPHENSON-CFP%C2%AE-54A35814",
    "https://linkedin.com/IN/JAMES-VARAKLIS-5185156",
    "https://linkedin.com/IN/MGAERTNER",
    "https://linkedin.com/IN/PHIL-RONGO-WEALTH-MANAGEMENT",
    "https://philiprongo.com",
    "https://youtube.com/@jvaraklis"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/168674",
  "city_as_filed": "WEST PALM BEACH",
  "url": "https://advisorcensus.com/firm/ibex-wealth-advisors-llc-west-palm-beach-fl-168674",
  "display_name": "Ibex Wealth Advisors, LLC",
  "summary": "Ibex Wealth Advisors, LLC is an SEC-registered investment advisory firm in West Palm Beach, FL, registered since 2014, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated September 14, 2026.",
  "citation": "AdvisorCensus. Ibex Wealth Advisors, LLC (CRD 168674): 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",
    "Pension consulting services"
  ],
  "quick_answers": [
    {
      "q": "How is Ibex Wealth Advisors, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Ibex Wealth Advisors, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees). The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Ibex Wealth Advisors, LLC located?",
      "a": "Ibex Wealth Advisors, LLC's principal office is in West Palm Beach, FL, according to its Form ADV; the October 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Ibex Wealth Advisors, LLC registered with the SEC or a state?",
      "a": "Ibex Wealth Advisors, LLC is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 168674."
    },
    {
      "q": "How much does Ibex Wealth Advisors, LLC manage?",
      "a": "Ibex Wealth Advisors, LLC reports $1,284,279,818 in regulatory assets under management in its Form ADV filing dated September 14, 2026 (100% discretionary)."
    },
    {
      "q": "How have Ibex Wealth Advisors, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Ibex Wealth Advisors, LLC: Regulatory assets under management: $516,954,887 in the October 2021 data and $1,284,279,818 in the October 2026 data, up 148%. Total employees: 8 in October 2021 and 10 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Ibex Wealth Advisors, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (469); high net worth individuals (400); corporations or other businesses not listed above (21)."
    },
    {
      "q": "Which custodians does Ibex Wealth Advisors, LLC use?",
      "a": "Ibex Wealth Advisors, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists LPL Financial LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Ibex Wealth 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/168674"
    },
    {
      "q": "What changed in Ibex Wealth Advisors, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $963,308,925 to $1,284,279,818 (+33%). Added an office in West Palm Beach, FL."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 516954887.0,
      "total_employees": 8,
      "filing_date": "2021-03-22"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 676979913.0,
      "total_employees": 8,
      "filing_date": "2022-07-28"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 554768320.0,
      "total_employees": 9,
      "filing_date": "2023-03-31"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 709748535.0,
      "total_employees": 9,
      "filing_date": "2024-04-23"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 963308925.0,
      "total_employees": 10,
      "filing_date": "2025-03-31"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 1284279818.0,
      "total_employees": 10,
      "filing_date": "2026-09-14"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $963,308,925 to $1,284,279,818 (+33%).",
        "Added an office in West Palm Beach, FL."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "No longer registered or notice-filed in AZ, MO."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Registered or notice-filed in GA, IL, LA, VA."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "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/ibex-wealth-advisors-llc-west-palm-beach-fl-168674.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 469,
      "fewer_than_5": false,
      "raum": 134665721.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 400,
      "fewer_than_5": false,
      "raum": 1111422731.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 2,
      "fewer_than_5": true,
      "raum": 902059.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 21,
      "fewer_than_5": false,
      "raum": 37289307.0
    }
  ],
  "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/168674",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}