AdvisorCensus / Financial advisors / Florida / Sebastian / Professional Advisory Services Inc
Professional Advisory Services Inc is an SEC-registered investment advisory firm in Vero Beach, FL, registered since 1978, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 27, 2026.
Quick answers
From the filingHow is Professional Advisory Services Inc compensated?
On its Form ADV (Item 5.E, October 2026), Professional Advisory Services Inc reports these compensation arrangements: a percentage of assets under its management.
What does Professional Advisory Services Inc's brochure say about its fees?
Its Form ADV Part 2A brochure dated March 27, 2026 states: Up to $500,000: 1% a year; $500,000 to $1,000,000: 0.9% a year; $1,000,000 to $2,000,000: 0.8% a year; $2,000,000 to $3,500,000: 0.7% a year; $3,500,000 to $5,000,000: 0.6% a year; Above $5,000,000: 0.5% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Professional Advisory Services Inc located?
Professional Advisory Services Inc's principal office is in Vero Beach, FL, according to its Form ADV.
Is Professional Advisory Services Inc registered with the SEC or a state?
Professional Advisory Services Inc is an SEC-registered investment advisory firm, registered since 1978. Status as filed: Approved. CRD 105397.
How much does Professional Advisory Services Inc manage?
Professional Advisory Services Inc reports $1,258,746,450 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary).
How have Professional Advisory Services Inc's assets and staff changed since 2021?
In the Form ADV data for Professional Advisory Services Inc: Regulatory assets under management: $1,050,829,050 in the October 2021 data and $1,258,746,450 in the October 2026 data, up 20%. Total employees: 8 in October 2021 and 13 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Professional Advisory Services Inc serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (344); high net worth individuals (252); charitable organizations (10).
Which custodians does Professional Advisory Services Inc use?
Professional Advisory Services Inc's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists BNY Mellon NA as a custodian holding 10% or more of its separately managed account assets.
Does Professional Advisory Services Inc 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/105397
What changed in Professional Advisory Services Inc's recent Form ADV filings?
In the April 2026 filing data: Registered or notice-filed in LA, TN. Updated its list of owners and control persons (Schedule A).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
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
Fees and minimums
Form ADV Part 2A| Assets | Annual rate |
|---|---|
| Up to $500,000 | 1% |
| $500,000 to $1,000,000 | 0.9% |
| $1,000,000 to $2,000,000 | 0.8% |
| $2,000,000 to $3,500,000 | 0.7% |
| $3,500,000 to $5,000,000 | 0.6% |
| Above $5,000,000 | 0.5% |
The brochure's wording
We work strictly on a fee for service basis calculated on dollars under management. Our fee begins at 1% annually, with a declining rate structure beyond the first $500,000.
First $500,000 1.0% of Asset Value Additional $500,000 0.9% of Asset Value Additional $1,000,000 0.8% of Asset Value
Additional $1,500,000 0.7 % of Asset Value Additional $1,500,000 0.6% of Asset Value All Additional 0.5% of Asset Value
As stated in the firm's Form ADV Part 2A brochure dated March 27, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$1,258,746,450 as of October 2026, filing dated March 27, 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
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Financial planning services
- Portfolio management for individuals and/or small businesses
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 1978 (47 years)
- Employees
- Total: 13. Performing investment advisory functions: 9.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
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.
- States registered or notice-filed
-
16 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None 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
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $1,258,746,450 | 13 | March 27, 2026 |
| October 2025 | $1,201,355,718 | 14 | March 31, 2025 |
| October 2024 | $1,144,075,256 | 13 | March 29, 2024 |
| October 2023 | $1,030,856,526 | 13 | March 29, 2023 |
| October 2022 | $1,197,042,297 | 13 | March 31, 2022 |
| October 2021 | $1,050,829,050 | 8 | August 17, 2021 |
Regulatory assets under management: $1,050,829,050 in the October 2021 data and $1,258,746,450 in the October 2026 data, up 20%.
Total employees: 8 in October 2021 and 13 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.
Changes in the filing
Last 12 months- April 2026
- Registered or notice-filed in LA, TN.
- Updated its list of owners and control persons (Schedule A).
- January 2026
- No longer registered or notice-filed in LA.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Professional Advisory Services Inc (CRD 105397): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/professional-advisory-services-inc-vero-beach-fl-105397