{
  "crd_number": 284554,
  "slug": "south-cove-financial-llc-284554",
  "primary_business_name": "SOUTH COVE FINANCIAL, LLC",
  "legal_name": "SOUTH COVE FINANCIAL, LLC",
  "dbas": [],
  "city": null,
  "state": null,
  "country": null,
  "cbsa_code": null,
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2024-11-04",
  "years_registered": 1,
  "period": "2026-10-01",
  "filing_date": "2026-09-28",
  "carried_forward": false,
  "raum_total": 168400000.0,
  "raum_discretionary": 168400000.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 3,
  "advisory_employees": 3,
  "client_count_bucket": null,
  "clients_by_type": {
    "other": {
      "raum": 0.0,
      "count": 0
    },
    "individuals": {
      "raum": 128500000.0,
      "count": 193
    },
    "high_net_worth_individuals": {
      "raum": 39900000.0,
      "count": 15
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "NV",
    "WA"
  ],
  "websites": [
    "https://southcovefinancial.com/advisors"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/284554",
  "city_as_filed": null,
  "url": "https://advisorcensus.com/firm/south-cove-financial-llc-284554",
  "display_name": "South Cove Financial, LLC",
  "summary": "South Cove Financial, LLC is an SEC-registered investment advisory firm, registered since 2024, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated September 28, 2026.",
  "citation": "AdvisorCensus. South Cove Financial, LLC (CRD 284554): 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": [
    "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"
  ],
  "quick_answers": [
    {
      "q": "How is South Cove Financial, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), South Cove Financial, LLC reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Is South Cove Financial, LLC registered with the SEC or a state?",
      "a": "South Cove Financial, LLC is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 284554."
    },
    {
      "q": "How much does South Cove Financial, LLC manage?",
      "a": "South Cove Financial, LLC reports $168,400,000 in regulatory assets under management in its Form ADV filing dated September 28, 2026 (100% discretionary)."
    },
    {
      "q": "How have South Cove Financial, LLC's assets and staff changed since 2025?",
      "a": "In the Form ADV data for South Cove Financial, LLC: Regulatory assets under management: $145,000,000 in the October 2025 data and $168,400,000 in the October 2026 data, up 16%. Total employees: 3 in October 2025 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does South Cove Financial, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (193); high net worth individuals (15)."
    },
    {
      "q": "Which custodians does South Cove Financial, LLC use?",
      "a": "South Cove Financial, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does South Cove Financial, LLC 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/284554"
    },
    {
      "q": "What changed in South Cove Financial, LLC's recent Form ADV filings?",
      "a": "In the October 2026 filing data: Regulatory assets under management went from $145,000,000 to $168,400,000 (+16%). Added an office in Seattle, WA. No longer lists an office in Federal Way, WA."
    }
  ],
  "filing_history": [
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 145000000.0,
      "total_employees": 3,
      "filing_date": "2025-07-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 168400000.0,
      "total_employees": 3,
      "filing_date": "2026-09-28"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-10-01",
      "period_label": "October 2026",
      "notes": [
        "Regulatory assets under management went from $145,000,000 to $168,400,000 (+16%).",
        "Added an office in Seattle, WA.",
        "No longer lists an office in Federal Way, WA."
      ]
    },
    {
      "period": "2025-11-01",
      "period_label": "November 2025",
      "notes": [
        "Added an office in Federal Way, WA."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Charles Schwab",
      "name_as_filed": "CHARLES SCHWAB",
      "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/south-cove-financial-llc-284554.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 193,
      "fewer_than_5": false,
      "raum": 128500000.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 15,
      "fewer_than_5": false,
      "raum": 39900000.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    }
  ],
  "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/284554",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}