Adviser Record

Ancora Advisors LLC

Registered investment adviser · Mayfield Heights, OH · CRD #124674

Form ADV data as of 2026-09-01
Regulatory assets
$4.61 billion
Total accounts
307
Employees
46
Disclosure events
2

Firm details

Disciplinary disclosures

This firm reports 2 disclosure questions answered Yes, covering 2 reported events. Form ADV Item 11 covers charges and pending proceedings as well as findings, so a Yes answer is not itself a finding of wrongdoing. The underlying detail is filed with the SEC.

Assets and accounts

Provides continuous and regular supervisory or management servicesYes
Discretionary regulatory assets under management$2.66 billion
Non-discretionary regulatory assets under management$1.95 billion
Total regulatory assets under management$4.61 billion
Discretionary accounts291
Non-discretionary accounts16
Total accounts307
Regulatory assets under management attributable to non-U.S. persons$0

People

Total employees (excluding clerical)46
Employees performing investment advisory functions (including research)27
Employees who are registered representatives of a broker-dealer30
Employees registered as investment adviser representatives with a state16
Employees registered as IARs for another investment adviser16
Employees who are licensed insurance agents10
Firms or persons who solicit advisory clients on the firm's behalf3

Custody

Has custody of client cash or bank accountsYes
Has custody of client securitiesYes
Client funds and securities held in the firm's custody$1.97 billion
Clients for whom the firm has custody645
A related person has custody of client cash or bank accountsNo
A related person has custody of client securitiesNo
The firm acts as a qualified custodianNo
A related person acts as a qualified custodianNo
Number of persons acting as qualified custodians for the firm's clients2

How the firm is compensated

A percentage of assets under managementFixed fees (other than subscription fees)Performance-based feesOther

Advisory services offered

Portfolio management for individuals and/or small businessesPortfolio management for investment companiesPortfolio management for pooled investment vehiclesPortfolio management for businesses or institutional clientsOther

Other business activities

Other financial product salesperson

Affiliated related persons

Broker-dealer, municipal securities dealer, or government securities broker or dealerOther investment adviser (including financial planners)Commodity pool operator or commodity trading advisorFutures commission merchantAccountant or accounting firmLawyer or law firmInsurance company or agencyPension consultantReal estate broker or dealerSponsor or syndicator of limited partnershipsSponsor, general partner, or managing member of pooled investment vehicles

Reported conflicts of interest

Form ADV Items 8 asks advisers to disclose arrangements that may create a conflict with client interests. This firm answered Yes to:

Client types

Type of clientClientsAssets
High net worth individuals148$401.4 million
Investment companies13$659.1 million
Pooled investment vehicles (other than investment companies and BDCs)4$330.3 million
Pension and profit sharing plans (not the participants or government plans)27$157.2 million
Charitable organizations37$318.6 million
State or municipal government entities (including government pension plans)23$318.2 million
Insurance companies3$58.5 million
Corporations or other businesses not listed above52$2.37 billion