AdvisorGrade
Fee-basedFiduciaryNationalInternational

Kovack Advisors, INC.

Kovack Advisors, INC. is a fee-based, SEC-registered investment adviser in Ft. Lauderdale, Florida, registered with the SEC since 2004, managing approximately $6.3B. As an SEC-registered adviser it is held to a fiduciary standard. Its exact fee schedule and account minimums are disclosed in Form ADV Part 2A.

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Source: SEC Form ADV · CRD #140808 · SEC #801-63048 · SEC-registered since 2004 (22 yrs) · Last filing data January 1, 2026

AUM
$6.3B

as of 2026

Fee model
Fee-based

per Form ADV 5.E

Clients
205

Form ADV 5.C — may be institutional

Employees
320

300 advisers

Assets per adviser

$21Mper adviser

A scale-normalized measure that lets you compare large and small firms. The typical firm in our directory manages about $102M per adviser — this firm is more adviser-heavy (fewer assets per adviser).

From kovackadvisors.com

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Overview

AI-generated summary

Kovack Advisors, INC. is a fee-based, SEC-registered investment adviser based in Ft. Lauderdale, Florida. It reported approximately $6.3B in regulatory assets under management on its most recent Form ADV. The firm reports one or more disclosure events on Form ADV Item 11 — see the disclosures section below.

This summary is generated from Form ADV data and may not capture all nuances. Always review the complete SEC filing before making decisions.

Firm details

CRD #
140808
SEC #
801-63048
Headquarters
Ft. Lauderdale, FL
Employees
320

Clients served

Client types not reported on this filing.

Fees & compensation

  • Compensation model: Fee-based — the firm reports client fees and may also receive commissions on certain products.
  • Typical fee range: See Part 2A. Exact advisory fee rates are reported in Form ADV Part 2A, not Part 1.
  • Account minimum: See Part 2A. Minimums are disclosed in the firm's Part 2A brochure.
  • Custodial, trading, and fund expenses may apply in addition to advisory fees. See the firm's Form ADV Part 2A for the complete fee schedule.

Assets under management

2026$6.3B
Assets under management by year
YearReported AUM
2026$6.3B

Reflects the most recent Form ADV filing. Multi-year history is added as additional historical filings are ingested.

Disclosures

  • 2026 · SEC or CFTC regulatory disclosure

    Kovack Advisors, INC. reported one or more matters in this category on Form ADV Item 11. Form ADV Part 1 indicates that a disclosure exists but not its outcome; review the full Disclosure Reporting Pages on the SEC IAPD record for details and resolution.

  • 2026 · Other regulatory agency disclosure

    Kovack Advisors, INC. reported one or more matters in this category on Form ADV Item 11. Form ADV Part 1 indicates that a disclosure exists but not its outcome; review the full Disclosure Reporting Pages on the SEC IAPD record for details and resolution.

  • 2026 · Self-regulatory organization disclosure

    Kovack Advisors, INC. reported one or more matters in this category on Form ADV Item 11. Form ADV Part 1 indicates that a disclosure exists but not its outcome; review the full Disclosure Reporting Pages on the SEC IAPD record for details and resolution.

  • Detailed, AI-summarized breakdowns of each event are being rolled out across the directory. For now, review the full Disclosure Reporting Pages on the SEC IAPD record.

Frequently asked questions

Is Kovack Advisors, INC. a fiduciary?+

Yes. Kovack Advisors, INC. is an SEC-registered investment adviser (CRD #140808), which means it is held to a fiduciary standard and must act in its clients' best interest. Verify its current status on the SEC's Investment Adviser Public Disclosure (IAPD) site.

How is Kovack Advisors, INC. compensated?+

Kovack Advisors, INC. reports a fee-based compensation model on its Form ADV. Fee-based advisers charge client fees and may also earn commissions on certain products. Exact fee rates and account minimums are disclosed in the firm's Form ADV Part 2A brochure.

How much money does Kovack Advisors, INC. manage?+

Kovack Advisors, INC. reported approximately $6.3B in regulatory assets under management as of its most recent Form ADV filing.

Does Kovack Advisors, INC. have any disclosures?+

Kovack Advisors, INC. reported one or more disclosure events on Form ADV Item 11 (sec or cftc regulatory disclosure, other regulatory agency disclosure, self-regulatory organization disclosure). A disclosure is not by itself a finding of wrongdoing; review the full Disclosure Reporting Pages on the SEC IAPD site.

This profile is generated from publicly available SEC filings. Kovack Advisors, INC. has not verified or endorsed this information. Last updated from filings: January 1, 2026. View the official filing at SEC IAPD.

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