# Naples Global Advisors

> 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.

- CRD: 158544
- Filed as: NAPLES GLOBAL ADVISORS
- Legal name: Naples Global Advisors LLC
- Also doing business as: VERO BEACH GLOBAL ADVISORS
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Naples, FL
- Filing period: October 2026
- Form ADV filing dated: May 18, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/158544
- AdvisorCensus page: https://advisorcensus.com/firm/naples-global-advisors-naples-fl-158544

## Quick answers

**How is Naples Global Advisors compensated?**
On its Form ADV (Item 5.E, October 2026), Naples Global Advisors reports these compensation arrangements: a percentage of assets under its management.

**Where is Naples Global Advisors located?**
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).

**Is Naples Global Advisors registered with the SEC or a state?**
Naples Global Advisors is an SEC-registered investment advisory firm, registered since 2011. Status as filed: Approved. CRD 158544.

**How much does Naples Global Advisors manage?**
Naples Global Advisors reports $1,996,829,577 in regulatory assets under management in its Form ADV filing dated May 18, 2026 (98% discretionary).

**How have Naples Global Advisors' assets and staff changed since 2021?**
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.

**What types of clients does Naples Global Advisors serve?**
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).

**Which custodians does Naples Global Advisors use?**
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.

**Does Naples Global Advisors report any disciplinary disclosures?**
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

**Does Naples Global Advisors state an account minimum?**
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."

**What changed in Naples Global Advisors' recent Form ADV filings?**
In the June 2026 filing data: Registered or notice-filed in CA.

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated May 18, 2026)

- Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)

> 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.

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

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- National Financial Services 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: $1,996,829,577
- Discretionary: $1,952,620,473
- Non-discretionary: $44,209,104

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 34 | $18,704,544 |
| High net worth individuals | 252 | $1,920,629,720 |
| Banking or thrift institutions | 0 | Not reported |
| Investment companies | 0 | Not reported |
| Business development companies | 0 | Not reported |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | Not reported |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $5,470,341 |
| Charitable organizations | 13 | $31,801,738 |
| State or municipal government entities (including government pension plans) | 0 | Not reported |
| Other investment advisers | 0 | Not reported |
| Insurance companies | 0 | Not reported |
| Sovereign wealth funds and foreign official institutions | 0 | Not reported |
| Corporations or other businesses not listed above | 7 | $20,223,234 |
| Other | 0 | Not reported |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses

### Firm details
- Registered since: 2011 (15 years)
- Employees: 20 total, 11 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, CO, FL, GA, IL, MA, NC, NH, NJ, OH, TN, TX, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the June 2026 filing
- Vero Beach, FL

### Websites listed on Form ADV (Item 1.I)
- naplesglobaladvisors.com
- verobeachglobaladvisors.com
- Facebook @Naples-Global-Advisors-LLC
- Facebook facebook.com
- LinkedIn @naples-global-advisors-llc
- LinkedIn @vero-beach-global-advisors

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $901,351,045 | 15 | May 25, 2021 |
| October 2022 | $1,322,761,381 | 14 | September 16, 2022 |
| October 2023 | $1,240,372,969 | 15 | March 23, 2023 |
| October 2024 | $1,472,058,453 | 18 | March 29, 2024 |
| October 2025 | $1,654,697,768 | 18 | March 27, 2025 |
| October 2026 | $1,996,829,577 | 20 | May 18, 2026 |

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.

## Changes in the filing (last 12 months)

### June 2026
- Registered or notice-filed in CA.

### April 2026
- 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.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Naples Global Advisors (CRD 158544): Form ADV filing data as of October 2026.