Firm
Advocate Wealth
Washington, District of Columbia
Fee-only
Advocate Wealth at a glance
- One of 24 fee-only firms based in District of Columbia in the Wellspent graph.
- 1 advisor is listed here, who holds the CFP.
- Its Form ADV reports 1 employee and 22 individual clients, 10 of them high net worth.
- Its average account is about $368,000 (assets it manages divided by its 69 accounts).
Facts
| Based in | Washington, District of Columbia |
|---|---|
| Website | advocatewealthllc.com |
| Phone | (202) 802-1925 |
Advocate Wealth fees
Advocate Wealth doesn't publish its prices on its website, or we couldn't confirm them word for word. Ask for its Form ADV Part 2A, which must describe its fees.
For comparison, fee-only firms that publish prices charge a median of $4,500 a year for ongoing planning, $2,000 for a one-time plan, $300 an hour, or 1% of assets. See the fee report.
What its SEC filing says
| Paid by | Percentage of assets · Fixed fees |
|---|---|
| Assets managed | $25 million |
| Individual clients | 12 |
| High-net-worth clients | 10 |
| Accounts managed | 69 |
| Employees | 1 |
| Planning clients | 11-25 |
| Financial planning | Offered |
| Form ADV filed | March 30, 2026 |
| SEC record | CRD 330165 |