AdvisorCensus / Financial advisors / Florida / Tampa / Suncoast Equity Management, LLC
Suncoast Equity Management, LLC is an SEC-registered investment advisory firm in Tampa, FL, registered since 2003, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 25, 2026.
Quick answers
From the filingHow is Suncoast Equity Management, LLC compensated?
On its Form ADV (Item 5.E, October 2026), Suncoast Equity Management, LLC reports these compensation arrangements: a percentage of assets under its management.
What does Suncoast Equity Management, LLC's brochure say about its fees?
Its Form ADV Part 2A brochure dated March 25, 2026 states: Asset-based fee: up to 1% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Suncoast Equity Management, LLC located?
Suncoast Equity Management, LLC's principal office is in Tampa, FL, according to its Form ADV; the May 2025 filing also lists 3 other offices (Schedule D, Section 1.F).
Is Suncoast Equity Management, LLC registered with the SEC or a state?
Suncoast Equity Management, LLC is an SEC-registered investment advisory firm, registered since 2003. Status as filed: Approved. CRD 108289.
How much does Suncoast Equity Management, LLC manage?
Suncoast Equity Management, LLC reports $2,114,694,094 in regulatory assets under management in its Form ADV filing dated March 25, 2026 (100% discretionary).
How have Suncoast Equity Management, LLC's assets and staff changed since 2021?
In the Form ADV data for Suncoast Equity Management, LLC: Regulatory assets under management: $850,160,087 in the October 2021 data and $2,114,694,094 in the October 2026 data, up 149%. Total employees: 10 in October 2021 and 12 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Suncoast Equity Management, LLC serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (670); high net worth individuals (168); pension and profit sharing plans (but not the plan participants or government pension plans) (16).
Which custodians does Suncoast Equity Management, LLC use?
Suncoast Equity Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.
Does Suncoast Equity Management, LLC 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/108289
Does Suncoast Equity Management, LLC state an account minimum?
Its Form ADV Part 2A brochure dated March 25, 2026 says: "There is an account minimum, $250,000, which may be waived by the investment advisor, based on the needs of the client and the complexity of the situation."
What changed in Suncoast Equity Management, LLC's recent Form ADV filings?
In the April 2026 filing data: No longer lists the business name Suncoast Prosperity Advisors. Employees performing advisory functions went from 13 to 7. Regulatory assets under management went from $1,866,702,990 to $2,114,694,094 (+13%). No longer lists an office in Highlands, NC. No longer lists an office in Sanibel, FL. No longer lists an office in Tampa, FL.
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 2AAsset-based fee: up to 1% of assets a year (the maximum the brochure states)
The brochure's wording
SEM’s fee ranges up to 1% of total assets under management per year.
SEM’s fee ranges up to 0.60% for assets being managed in a sub -advisory relationship .
Account minimum: $250,000 (the brochure says it may be waived or negotiated)
The brochure's wording
There is an account minimum, $250,000, which may be waived by the investment advisor, based on the needs of the client and the complexity of the situation.
As stated in the firm's Form ADV Part 2A brochure dated March 25, 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$2,114,694,094 as of October 2026, filing dated March 25, 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
- Portfolio management for businesses (other than small businesses) or institutional clients
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2003 (23 years)
- Employees
- Total: 12. Performing investment advisory functions: 7.
- Wrap fee program participation
- Yes.
- 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.
- Other offices (Schedule D, Section 1.F)
-
3 other offices, as of the May 2025 filing
- States registered or notice-filed
-
24 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 | $2,114,694,094 | 12 | March 25, 2026 |
| October 2025 | $1,866,702,990 | 20 | April 29, 2025 |
| October 2024 | $1,364,799,575 | 16 | June 25, 2024 |
| October 2023 | $840,639,208 | 16 | August 29, 2023 |
| October 2022 | $1,091,588,569 | 14 | May 5, 2022 |
| October 2021 | $850,160,087 | 10 | March 3, 2021 |
Regulatory assets under management: $850,160,087 in the October 2021 data and $2,114,694,094 in the October 2026 data, up 149%.
Total employees: 10 in October 2021 and 12 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
- No longer lists the business name Suncoast Prosperity Advisors.
- Employees performing advisory functions went from 13 to 7.
- Regulatory assets under management went from $1,866,702,990 to $2,114,694,094 (+13%).
- No longer lists an office in Highlands, NC.
- No longer lists an office in Sanibel, FL.
- No longer lists an office in Tampa, FL.
- January 2026
- No longer registered or notice-filed in NE.
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. Suncoast Equity Management, LLC (CRD 108289): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/suncoast-equity-management-llc-tampa-fl-108289