Fortis Advisors, Llc
- Regulatory AUM
- $584M
- Discretionary
- $427M
- Clients
- 91
- Avg AUM / client
- $6.4M
- Accounts
- 344
- Employees
- 5
AUM over time
Annual snapshots from Form ADV filings · as of Mar 27, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 51 | $21.9M | 3.74% |
| High net worth individuals | 28 | $199M | 34.0% |
| Pooled investment vehicles (non-investment companies) | 6 | $163M | 27.9% |
| Pension and profit sharing plans | Fewer than 5 clients | $2.4M | 0.41% |
| Other investment advisers | Fewer than 5 clients | $150M | 25.7% |
| Corporations and other businesses | Fewer than 5 clients | $836K | 0.14% |
| Other | 6 | $47.0M | 8.05% |
Private funds (3)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $116M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Fortis Capital Real Estate Fund, Llc | Real Estate Fund | Delaware | $114M | 100 |
| Fortis Capital Murphy Oz Llc | Real Estate Fund | Delaware | $1.3M | 7 |
| Fortis Capital North Broad Oz Llc | Real Estate Fund | Delaware | $1.3M | 7 |
People (5)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Derek Brock Boles | President | Jul 2013 (13y) | ≈ 18.75% – 50% via Fortis Family Office, Llc (Formerly Fortis Wealth, Lp) | |
| Cherny, Bryan, Steel | Partner | Sep 2013 (13y) | ≈ 18.75% – 50% via Fortis Family Office, Llc (Formerly Fortis Wealth, Lp) | |
| Randall Scot Hubschmidt | Partner | Sep 2013 (13y) | GP / trustee / elected manager of Fortis Family Office, Llc (Formerly Fortis Wealth, Lp) (indirect) | |
| Kelly, Colleen, Anne | Chief Compliance Officer | Nov 2017 (9y) | Less than 5% | |
| Marlene D Musso | Registered representative | Nov 2013 (13y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Fortis Family Office, Llc (Formerly Fortis Wealth, Lp) | Holding Company/Managing Member | Aug 2013 | A | 75% or more |
| Fortis Partners, Llc | General Partner Of The Holding Company/Single Member Llc | Sep 2013 | B | GP / trustee / elected manager of Fortis Family Office, Llc (Formerly Fortis Wealth, Lp) (indirect) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Derek Brock Boles: 25% – 50% of Fortis Family Office, Llc (Formerly Fortis Wealth, Lp) × 75% – 100% direct ≈ 18.75% – 50% of the firm
- Cherny, Bryan, Steel: 25% – 50% of Fortis Family Office, Llc (Formerly Fortis Wealth, Lp) × 75% – 100% direct ≈ 18.75% – 50% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (3, $116M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Fortis Capital Real Estate Fund, Llc | Real Estate Fund | $114M | $100K | 100 |
| Fortis Capital Murphy Oz Llc | Real Estate Fund | $1.3M | $100K | 7 |
| Fortis Capital North Broad Oz Llc | Real Estate Fund | $1.3M | $100K | 7 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/27/2026 | 2.33 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Hourly charges
- • Fixed fees
- • Performance-based fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
- • Selection of other advisers
- • Publication of periodicals or newsletters
- • Educational seminars/workshops
Custody
Reported custodians
- Charles Schwab & Co. $421M (72% of AUM) Mar 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 27, 2026.
View current Form ADV (SEC/IAPD) ↗