{
  "crd_number": 158544,
  "slug": "naples-global-advisors-naples-fl-158544",
  "primary_business_name": "NAPLES GLOBAL ADVISORS",
  "legal_name": "NAPLES GLOBAL ADVISORS LLC",
  "dbas": [
    "VERO BEACH GLOBAL ADVISORS"
  ],
  "city": "Naples",
  "state": "FL",
  "country": "United States",
  "cbsa_code": "34940",
  "metro": {
    "cbsa_code": "34940",
    "common_name": "Naples",
    "msa_name": "Naples-Marco Island, FL",
    "path": "/advisors/fl/naples"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2011-08-04",
  "years_registered": 15,
  "period": "2026-10-01",
  "filing_date": "2026-05-18",
  "carried_forward": false,
  "raum_total": 1996829577.0,
  "raum_discretionary": 1952620473.0,
  "raum_non_discretionary": 44209104.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 20,
  "advisory_employees": 11,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": null,
      "count": 0
    },
    "charitable": {
      "raum": 31801738.0,
      "count": 13
    },
    "individuals": {
      "raum": 18704544.0,
      "count": 34
    },
    "banking_thrift": {
      "raum": null,
      "count": 0
    },
    "state_municipal": {
      "raum": null,
      "count": 0
    },
    "insurance_companies": {
      "raum": null,
      "count": 0
    },
    "investment_companies": {
      "raum": null,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": 5470341.0,
      "count": 0,
      "fewer_than_5": true
    },
    "other_investment_advisers": {
      "raum": null,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 1920629720.0,
      "count": 252
    },
    "pooled_investment_vehicles": {
      "raum": null,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": 20223234.0,
      "count": 7
    },
    "business_development_companies": {
      "raum": null,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": null,
      "count": 0
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "CO",
    "FL",
    "GA",
    "IL",
    "MA",
    "NC",
    "NH",
    "NJ",
    "OH",
    "TN",
    "TX",
    "VA"
  ],
  "websites": [
    "https://facebook.com/people/Naples-Global-Advisors-LLC/61571223841127",
    "https://facebook.com/share/1DHvzGLwSX?mibextid=wwXIfr",
    "https://linkedin.com/company/naples-global-advisors-llc",
    "https://linkedin.com/company/vero-beach-global-advisors",
    "https://naplesglobaladvisors.com",
    "https://verobeachglobaladvisors.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/158544",
  "city_as_filed": "NAPLES",
  "url": "https://advisorcensus.com/firm/naples-global-advisors-naples-fl-158544",
  "display_name": "Naples Global Advisors",
  "summary": "Naples Global Advisors is an SEC-registered investment advisory firm in Naples, FL, registered since 2011, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated May 18, 2026.",
  "citation": "AdvisorCensus. Naples Global Advisors (CRD 158544): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is Naples Global Advisors compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Naples Global Advisors reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "Where is Naples Global Advisors located?",
      "a": "Naples Global Advisors' principal office is in Naples, FL, according to its Form ADV; the June 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Naples Global Advisors registered with the SEC or a state?",
      "a": "Naples Global Advisors is an SEC-registered investment advisory firm, registered since 2011. Status as filed: Approved. CRD 158544."
    },
    {
      "q": "How much does Naples Global Advisors manage?",
      "a": "Naples Global Advisors reports $1,996,829,577 in regulatory assets under management in its Form ADV filing dated May 18, 2026 (98% discretionary)."
    },
    {
      "q": "How have Naples Global Advisors' assets and staff changed since 2021?",
      "a": "In the Form ADV data for Naples Global Advisors: Regulatory assets under management: $901,351,045 in the October 2021 data and $1,996,829,577 in the October 2026 data, up 122%. Total employees: 15 in October 2021 and 20 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Naples Global Advisors serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (252); individuals (other than high net worth individuals) (34); charitable organizations (13)."
    },
    {
      "q": "Which custodians does Naples Global Advisors use?",
      "a": "Naples Global Advisors' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and National Financial Services LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Naples Global Advisors 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/158544"
    },
    {
      "q": "Does Naples Global Advisors state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated May 18, 2026 says: \"The targeted relationship minimum valuation is investable assets of $1 million. Family or related accounts may be bundled together to attain the stated relationship minimum.\" \"There may be exceptions to this guideline when there is the future opportunity to reach the threshold, when the minimum annual advisory fee is met, or when an alternative agreement is reached with the client.\""
    },
    {
      "q": "What changed in Naples Global Advisors' recent Form ADV filings?",
      "a": "In the June 2026 filing data: Registered or notice-filed in CA."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 901351045.0,
      "total_employees": 15,
      "filing_date": "2021-05-25"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 1322761381.0,
      "total_employees": 14,
      "filing_date": "2022-09-16"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 1240372969.0,
      "total_employees": 15,
      "filing_date": "2023-03-23"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 1472058453.0,
      "total_employees": 18,
      "filing_date": "2024-03-29"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 1654697768.0,
      "total_employees": 18,
      "filing_date": "2025-03-27"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 1996829577.0,
      "total_employees": 20,
      "filing_date": "2026-05-18"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-06-01",
      "period_label": "June 2026",
      "notes": [
        "Registered or notice-filed in CA."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 10 to 11.",
        "Regulatory assets under management went from $1,654,697,768 to $1,996,829,577 (+21%).",
        "Registered or notice-filed in CO, NJ."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated May 18, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$1,000,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "The targeted relationship minimum valuation is investable assets of $1 million. Family or related accounts may be bundled together to attain the stated relationship minimum.",
          "There may be exceptions to this guideline when there is the future opportunity to reach the threshold, when the minimum annual advisory fee is met, or when an alternative agreement is reached with the client."
        ]
      }
    ],
    "quotes": [
      "The targeted relationship minimum valuation is investable assets of $1 million. Family or related accounts may be bundled together to attain the stated relationship minimum.",
      "There may be exceptions to this guideline when there is the future opportunity to reach the threshold, when the minimum annual advisory fee is met, or when an alternative agreement is reached with the client."
    ],
    "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": "National Financial Services LLC",
      "name_as_filed": "NATIONAL FINANCIAL SERVICES 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/naples-global-advisors-naples-fl-158544.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 34,
      "fewer_than_5": false,
      "raum": 18704544.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 252,
      "fewer_than_5": false,
      "raum": 1920629720.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 0,
      "fewer_than_5": true,
      "raum": 5470341.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 13,
      "fewer_than_5": false,
      "raum": 31801738.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 7,
      "fewer_than_5": false,
      "raum": 20223234.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    }
  ],
  "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/158544",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}