# Tower Bridge Advisors

> Tower Bridge Advisors is an SEC-registered investment advisory firm in West Conshohocken, PA, registered since 2001, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated January 23, 2026.

- CRD: 115700
- Filed as: TOWER BRIDGE ADVISORS
- Legal name: Tower Bridge Advisors, Inc.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: West Conshohocken, PA
- Filing period: October 2026
- Form ADV filing dated: January 23, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/115700
- AdvisorCensus page: https://advisorcensus.com/firm/tower-bridge-advisors-west-conshohocken-pa-115700

## Quick answers

**How is Tower Bridge Advisors compensated?**
On its Form ADV (Item 5.E, October 2026), Tower Bridge Advisors reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees.

**Where is Tower Bridge Advisors located?**
Tower Bridge Advisors' principal office is in West Conshohocken, PA, according to its Form ADV.

**Is Tower Bridge Advisors registered with the SEC or a state?**
Tower Bridge Advisors is an SEC-registered investment advisory firm, registered since 2001. Status as filed: Approved. CRD 115700.

**How much does Tower Bridge Advisors manage?**
Tower Bridge Advisors reports $1,494,267,021 in regulatory assets under management in its Form ADV filing dated January 23, 2026 (98% discretionary).

**How have Tower Bridge Advisors' assets and staff changed since 2021?**
In the Form ADV data for Tower Bridge Advisors: Regulatory assets under management: $1,898,670,503 in the October 2021 data and $1,494,267,021 in the October 2026 data, down 21%. Total employees: 17 in October 2021 and 14 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Tower Bridge Advisors serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (386); individuals (other than high net worth individuals) (375); corporations or other businesses not listed above (24).

**Which custodians does Tower Bridge Advisors use?**
Tower Bridge Advisors' 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 Tower Bridge 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/115700

**What changed in Tower Bridge Advisors' recent Form ADV filings?**
In the February 2026 filing data: Regulatory assets under management went from $1,317,334,651 to $1,494,267,021 (+13%). Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Performance-based fees

### Fees and minimums (Form ADV Part 2A brochure dated January 23, 2026)

- Minimum annual fee: $5,000

> The minimum annual fee is $5,000 and is negotiable.

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.

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: $1,494,267,021
- Discretionary: $1,460,265,763
- Non-discretionary: $34,001,258

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 375 | $198,239,205 |
| High net worth individuals | 386 | $1,172,194,072 |
| 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) | 2 | Not reported |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 11 | $14,143,038 |
| Charitable organizations | 9 | $13,478,807 |
| 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 | 24 | $96,211,899 |
| Other | 0 | Not reported |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2001 (24 years)
- Employees: 14 total, 8 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AZ, CA, CT, DC, DE, FL, MA, MD, NJ, NY, PA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- towerbridgeadvisors.com
- LinkedIn @TOWER-BRIDGE-ADVISORS
- YouTube @TOWERBRIDGEADV

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,898,670,503 | 17 | March 25, 2021 |
| October 2022 | $1,997,205,345 | 17 | March 16, 2022 |
| October 2023 | $1,866,433,648 | 16 | October 3, 2023 |
| October 2024 | $1,855,880,980 | 14 | March 15, 2024 |
| October 2025 | $1,317,334,651 | 14 | May 13, 2025 |
| October 2026 | $1,494,267,021 | 14 | January 23, 2026 |

Regulatory assets under management: $1,898,670,503 in the October 2021 data and $1,494,267,021 in the October 2026 data, down 21%.
Total employees: 17 in October 2021 and 14 in October 2026.

## Changes in the filing (last 12 months)

### February 2026
- Regulatory assets under management went from $1,317,334,651 to $1,494,267,021 (+13%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Tower Bridge Advisors (CRD 115700): Form ADV filing data as of October 2026.