SourcingSourcing

ADVOCATE INVESTING SERVICES, LLC

B52
CRD 273035·SEC 801-125692·WOODBINE, MD
AUM
$186.6M
$100M-$500M
Est. Revenue
$1.9M
@ 1% on AUM
Est. EBITDA
$560K
@ 30% margin
Est. Deal Value
$4.5M
@ 8× EBITDA

Identity

Registrations & legal identity

Legal name
ADVOCATE INVESTING SERVICES, LLC
CRD
273035
SEC file #
801-125692
EIN
202544109
DBA names
Advocate Investing Services

Economics

AUM
$186.6M
AUM band
$100M-$500M
AUM trajectory
'23'26
$110.3M → $186.6M▲ +69%
Client mix
Individuals Other164
Individuals High Net Worth56
Charitable Organizations5

Operations

Employees (total)
5
Advisory staff (per ADV)
4
Advisory staff (5-yr trend)
'23'26
5 advisors → 4 advisors▼ -20%
Primary office
WOODBINE MD
Branches
—

Custodian & Brokerage

Primary custodian
LPL Financiallow confidence
Services offered
Financial planningPortfolio mgmt — individualsPension consultingSelection of other advisers
Fee basis
% of AUMHourly chargesFixed fees

Filings

Latest ADV filing
03/11/2026
ADV-W filed at
—
Website
linkedin.com/in/josephgallagher(social)

Compliance

Disclosures (firm)
0
Trademark
—
Additional signalsExpand ▾

Ownership & succession ★

Who controls the firm + pre-computed succession flags

Top Owner Name
GALLAGHER, JOSEPH, RAYMOND
Top Owner Pct
87.5
Top Owner Entity Kind
I
Owner Count
1
Control Persons
GALLAGHER, JOSEPH, RAYMOND
Solo Advisor Indicator
No
Succession Risk Solo Owner
Yes
Is Parent Owned Subsidiary
No

Availability / M&A ★

Already-acquired = skip; deal comps

Adv W Filed
No

Web presence ★

Stale website = winding down

Web Signal Quality
fallback_guess:advocateinvesting.com

Retirement-plan book (Form 5500) ★

401(k)/plan business — cross-sell value

Retirement Plan Book
No

SEC EDGAR

Edgar Cik
0002110509
Edgar Registered
Yes
Edgar Filing Count
2
Edgar First Filing Date
2026-02-12
Edgar Last Filing Date
2026-04-22
Edgar 13f Count
2
Edgar 13f Latest AUM Estimate
Filing Date2026-04-22
Accession0001420506-26-000708

Local market & wealth

Rank targets by how wealthy the local market is

Soi High Wealth Score
0.4827
Soi Zip Pct 200k Plus
0.2403
Soi Zip Returns 200k Plus
1,110
Soi Zip Total AGI
738,810
Fdic Zip Total Deposits
3,982,768,000
Fdic Zip Branch Count
61
Fdic Zip Top Banks
Sandy Spring Bank
PNC Bank, National Association

Compliance & brand

Firm Registration Status
active

All other collected signals (22)

Everything else we've pulled for this record, not yet curated into a section.

Adv W Recently Filed
No
Bc Firm Active Bc Count
4
Bc Firm Active IA Count
5
Bc Firm IAR Count
5
Custodian Candidates
Full
Lpl Financial4
E*trade4
Edgar Addresses
Mailing
15949 FREDERICK ROADWOODBINE, MD 21797
Business
15949 FREDERICK ROADWOODBINE, MD 21797
Edgar EIN
202544109
Edgar Recent Filings
13F-HR2026-04-22 · 0001420506-26-000708
13F-HR2026-02-12 · 0001420506-26-000331
Fdic Zip Branches Raw
Westminster Bank and Trust Company of Carroll CountyWoodbine, MD
Sandy Spring National Bank of MarylandWoodbine, MD
Fdic Zip HHI
3377.61
Fdic Zip Top Bank Share Pct
50.8
Fdic Zip Year
2025
Firm Has Custody
No
Mailing Office Differs
No
Soi Year
2022
Soi Zip Distribution
Stub 1
AGI10,345
Returns930
Stub 2
AGI23,205
Returns620
Stub 3
AGI27,327
Returns440
Soi Zip Total Business Income
22,846
Soi Zip Total Cap Gains
53,969
Soi Zip Total Dividends
16,127
Soi Zip Total Returns
4,620
Top Owner CRD
2516132
Trust Company Affiliate
No

People (5)

5
GALLAGHER, JOSEPH, RAYMOND
IAR · Direct Owner · 87.5%
2516132
RICHARD THOMAS ANDREWS
IAR
2735508
MAMIE YUHUA CHU LIU
IAR
5285060
STEPHEN THOMAS KODA
IAR
7439503
Riley David Ahlquist
IAR
7987133