Level Four Advisory Services

• A percentage of assets under your management
• Hourly charges
• Fixed fees (other than subscription fees)
• Other

Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ

The brochure lists different fees for different services or strategies. See the firm's brochure (dated March 30, 2026) for its fees and any account minimum, on the SEC's IAPD site.

$6,543,203,513 as of October 2026, filing dated September 11, 2026.

A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means

A firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.

• Financial planning services
• Portfolio management for individuals and/or small businesses
• Portfolio management for businesses (other than small businesses) or institutional clients
• Pension consulting services
• Selection of other advisers (including private fund managers)
• Educational seminars/workshops

Legal name

Level Four Advisory Services, LLC

Also doing business as

BLAKE FINANCIAL, INC., BRUNO INVESTMENT MANAGEMENT, COHEN INVESTMENT MANAGEMENT, CONSULTING AND INVESTMENT OF PANAMA CITY, CRESCENT CAPITAL MANAGEMENT, DF CONSULTANTS, ENTIRETY WEALTH SOLUTIONS, FINANCIAL INDEPENDENCE, LLC, GARRETT WEALTH MANAGEMENT, GOLDEN LEAF ASSET MANAGEMENT, GORE SADTLER WEALTH MANAGEMENT, GRANVILLE FINANCIAL, HARBOR FINANCIAL SERVICES, IGNITE FINANCIAL GROUP, KEIBER RETIREMENT SOLUTIONS, KEIBER SENIOR SERVICES, KING TIDE RETIREMENT PARTNERS, KIRKLEY INVESTMENT GROUP, LLC, LEVEL FOUR ADVISORY SERVICES, A DIVISION OF CARR, RIGGS AND INGRAM CAPITAL LLC, LEVEL FOUR FINANCIAL, LEVEL FOUR GROUP, LLC, LEVEL FOUR PRIVATE CLIENT, LLC, LEVEL FOUR SPORTS & ENTERTAINMENT, LION CROWN WEALTH MANAGEMENTL, LLC, MAGNUSON FINANCIAL, MID-ATLANTIC SECURITIES, A LEVEL FOUR FINANCIAL & LEVEL FOUR ADVISORY SERVICES COMPANY, MJM WEALTH MANAGEMENT, LLC, NEUBRANDER FINANCIAL SERVICES, PARKER FINANCIAL SERVICES, PAUL R. MORRIS INTEGRATED STRATEGIES, PERSONALIZED SERVICES INSURANCE, PHILLIPS WEALTH MANAGEMENT, PINNACLE WEALTH ADVISORS, REGROUP WEALTH, LLC, SPARTAN PRIVATE WEALTH MANAGEMENT, SUMMIT FINANCIAL ADVISORS, THOMAS PRIVATE WEALTH MANAGEMENT, TLC ADVISORY GROUP, WALL STREET FINANCIAL, WALTERS WEALTH MANAGEMENT

Registration

SEC-registered investment adviser. Status as filed: Approved.

Registered since

2006 (20 years)

Employees

Total: 136. Performing investment advisory functions: 119.

Wrap fee program participation

Yes.

Custodians (Schedule D, Section 5.K(3))

Charles Schwab & Co., Inc.Fidelity Distributors Company LLCRaymond James & Associates, Inc.

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.

Other offices (Schedule D, Section 1.F)

23 other offices, as of the October 2026 filing

Atlanta, GABloomfield Hills, MIBowling Green, KYBradenton, FLCovington, LACulpeper, VADallas, TXEl Paso, TXFort Worth, TXGadsden, ALGoldsboro, NCGreat Neck, NYGreenville, NCLindsay, OKMinnetonka, MNPanama City, FLPinehurst, NCRoanoke, VASarasota, FLShakopee, MNShreveport, LAStuart, FLWilliamsburg, VA

States registered or notice-filed

52 states or jurisdictions

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SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration

None Reports no disclosure items on Form ADV Item 11. View on IAPD.

Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures

Regulatory assets under management: $2,792,891,273 in the October 2021 data and $6,543,203,513 in the October 2026 data, up 134%.

Total employees: 134 in October 2021 and 136 in October 2026.

As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.

1. October 2026
   • Updated its list of owners and control persons (Schedule A).
2. April 2026
   • No longer lists the business name Worthy & Associates Financial & Estate Planning.
   • No longer lists the business name Sandbar Investment Management.
   • No longer lists the business name Jeff Harris & Associates.
   • No longer lists the business name Cowen Financial Services.
   • No longer lists the business name Gore Capital Management.
   • No longer lists the business name Legacy Wealth Partners.
   • Added the business name Spartan Private Wealth Management.
   • Added the business name Gore Sadtler Wealth Management.
   • Added the business name Level Four Group, LLC.
   • Employees performing advisory functions went from 115 to 119.
   • Regulatory assets under management went from $5,320,412,049 to $6,543,203,513 (+23%).
   • Changed its office addresses in Atlanta, GA.
   • Added an office in Culpeper, VA.
   • Added an office in Williamsburg, VA.
   • No longer lists an office in Baton Rouge, LA.
   • No longer lists an office in Grosse Pointe Park, MI.

Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.