# McDermott Investment Advisors, LLC

> McDermott Investment Advisors, LLC is an SEC-registered investment advisory firm in Naples, FL, registered since 2014, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 24, 2026.

- CRD: 132221
- Filed as: MCDERMOTT INVESTMENT ADVISORS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Naples, FL
- Filing period: October 2026
- Form ADV filing dated: March 24, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/132221
- AdvisorCensus page: https://advisorcensus.com/firm/mcdermott-investment-advisors-llc-naples-fl-132221

## Quick answers

**How is McDermott Investment Advisors, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), McDermott Investment Advisors, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; commissions; other.

**How much does McDermott Investment Advisors, LLC charge?**
Its Form ADV Part 2A brochure dated March 9, 2026 states: Hourly rate: $200 an hour (financial planning services). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is McDermott Investment Advisors, LLC located?**
McDermott Investment Advisors, LLC's principal office is in Naples, FL, according to its Form ADV; the April 2026 filing also lists 7 other offices (Schedule D, Section 1.F).

**Is McDermott Investment Advisors, LLC registered with the SEC or a state?**
McDermott Investment Advisors, LLC is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 132221.

**How much does McDermott Investment Advisors, LLC manage?**
McDermott Investment Advisors, LLC reports $203,288,172 in regulatory assets under management in its Form ADV filing dated March 24, 2026 (83% discretionary).

**How have McDermott Investment Advisors, LLC's assets and staff changed since 2021?**
In the Form ADV data for McDermott Investment Advisors, LLC: Regulatory assets under management: $221,636,521 in the October 2021 data and $203,288,172 in the October 2026 data, down 8%. Total employees: 11 in October 2021 and 10 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does McDermott Investment Advisors, LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (480); individuals (other than high net worth individuals) (138).

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

**Does McDermott Investment Advisors, LLC report any disciplinary disclosures?**
Reports 5 disclosure items on Form ADV Item 11: yes answers to 11.C(1) (SEC or CFTC finding of a false statement or omission), 11.C(2) (SEC or CFTC finding of a violation), 11.C(4) (SEC or CFTC order), 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order), and 11.H(1)(b) (court finding of a violation). 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/132221

**What changed in McDermott Investment Advisors, LLC's recent Form ADV filings?**
In the April 2026 filing data: Added an office in Atlanta, GA. Added an office in Huntington Beach, CA. Registered or notice-filed in GA.

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 9, 2026)

- Hourly rate: $200 an hour (financial planning services)

> We charge an hourly fee of $200 for financial planning services, which is negotiable depending on the scope and complexity of the plan, your situation, and your financial objectives.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Hilltop Securities 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.

### Regulatory assets under management (Item 5.F)
- Total: $203,288,172
- Discretionary: $169,566,684
- Non-discretionary: $33,721,488

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 138 | $39,627,450 |
| High net worth individuals | 480 | $163,660,722 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2014 (12 years)
- Employees: 10 total, 10 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, FL, GA, MD, ME, NH, NJ, NY, PA, SC, TX, UT, VA
- Disclosures (Item 11): Reports 5 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.C(1): Has the SEC or the CFTC ever found that the firm or an advisory affiliate made a false statement or omission?
- 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.C(5): Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?
- 11.H(1)(b): Has a domestic or foreign court ever found that the firm or an advisory affiliate was involved in a violation of investment-related statutes or regulations?

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/132221

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Allentown, PA
- Atlanta, GA
- Bethlehem, PA
- Fort Myers, FL
- Hackensack, NJ
- Huntington Beach, CA
- Los Angeles, CA

### Websites listed on Form ADV (Item 1.I)
- mcdermottadvisors.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $221,636,521 | 11 | March 2, 2021 |
| October 2022 | $230,188,020 | 14 | August 23, 2022 |
| October 2023 | $222,771,227 | 16 | March 22, 2023 |
| October 2024 | $227,622,339 | 13 | July 25, 2024 |
| October 2025 | $211,048,107 | 10 | March 28, 2025 |
| October 2026 | $203,288,172 | 10 | March 24, 2026 |

Regulatory assets under management: $221,636,521 in the October 2021 data and $203,288,172 in the October 2026 data, down 8%.
Total employees: 11 in October 2021 and 10 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Added an office in Atlanta, GA.
- Added an office in Huntington Beach, CA.
- Registered or notice-filed in GA.

### December 2025
- Added an office in Allentown, PA.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. McDermott Investment Advisors, LLC (CRD 132221): Form ADV filing data as of October 2026.