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Ancora Advisors LLC: investment adviser
Ancora Advisors LLC is an investment adviser registered with the SEC (file 801-61770, CRD 124674). What it reports on Form ADV: assets and clients, fees, owners, disciplinary history and its client brochure. From the SEC's Investment Adviser Public Disclosure site; read Oct 21, 2026.
- Assets managed
- $4.6B
- Discretionary
- 58%
- Accounts
- 307
- Employees
- 46
- In advisory roles
- 27
- Disclosures
- 1
Company page · SEC adviser record · Full Form ADV (PDF)
The firm reports that it or a related person has custody of client cash and securities.
Form ADV Part 1A, Item 5, as filed on the SEC Investment Adviser Public Disclosure site; read Oct 21, 2026.
Clients and fees
Whom the firm advises and how it is paid, from Items 5.D, 5.E and 5.G.
| Client type | Clients | Assets | Share |
|---|---|---|---|
| High net worth individuals | 148 | $401.4M | 8.7% |
| Registered funds | 13 | $659.1M | 14.3% |
| Private funds and other pooled vehicles | 4 | $330.3M | 7.2% |
| Pension and profit-sharing plans | 27 | $157.2M | 3.4% |
| Charities | 37 | $318.6M | 6.9% |
| State and local governments | 23 | $318.2M | 6.9% |
| Insurance companies | 3 | $58.5M | 1.3% |
| Corporations | 52 | $2.4B | 51.4% |
How it is paid
- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Performance-based fees
- Other: Revenue sharing with FRS, and on credit and cash MGMT solutions
Services
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies (as well as "business development companies" that have made an election pursuant to section 54 of the Investment Company Act of 1940)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients (other than registered investment companies and other pooled investment vehicles)
- Other: INSURANCE & CREDIT AND CASH MANAGEMENT SOLUTIONS
Who owns it
Schedule A lists direct owners of 5% or more (and officers who own a stake); Schedule B lists the owners of those owners.
Direct owners (Schedule A)
| Owner | Type | Role | Stake | Since | Control | Public company |
|---|---|---|---|---|---|---|
| The Ancora Group LLC | Company (U.S.) | Member (MANAGER) | E 75% or more | Jan 2010 | Yes |
Indirect owners (Schedule B)
| Owner | Owns a stake in | Type | Stake | Control | Public company |
|---|---|---|---|---|---|
| Ancora Holdings Group, LLC | The Ancora Group LLC (Manager) | Company (U.S.) | E 75% or more | Yes | |
| Ferdinand FFP Intermediate | Ferdinand FFP | Company (U.S.) | E 75% or more | Yes | |
| Ferdinand FFP Parent, Inc. | Ferdinand FFP Intermediate Holdings, LLC | Company (U.S.) | E 75% or more | Yes | |
| Ferdinand FFP Ultimate | Focus Financial | Company (U.S.) | E 75% or more | Yes | |
| Ferdinand FFP Ultimate | Ferdinand FFP | Company (U.S.) | E 75% or more | Yes | |
| Focus Operating, LLC | Ancora Holdings Group, LLC (Manager) Partners Inc. Class a Common | Company (U.S.) | E 75% or more | Yes | |
| CD&R Ferdinand Holdings, L.P. | Ferdinand FFP Ultimate Holdings, LP | Company (U.S.) | D 50% to 75% | Yes | |
| Clayton, Dubilier & Rice Fund | CD&R Ferdinand | Company (outside the U.S.) | D 50% to 75% | Yes | |
| Focus Financial Partners Inc. | Focus Financial Partners, LLC | Company (U.S.) | D 50% to 75% | Yes | |
| Focus Financial Partners, LLC | Focus Operating, LLC | Company (U.S.) | D 50% to 75% | Yes | |
| CD&R Ferdinand Co-Investor, | CD&R Ferdinand | Company (outside the U.S.) | C 25% to 50% | Yes |
Form ADV reports ownership in bands, not exact stakes: A means 5% to 10%, B 10% to 25%, C 25% to 50%, D 50% to 75%, E 75% or more. F marks a general partner, trustee or managing member, a role that controls the firm without a percentage. Owners of less than 5% are not listed.
Form ADV Schedules A and B, via the SEC Investment Adviser Public Disclosure site.
Disciplinary history
What the firm disclosed under Item 11 of Form ADV. A disclosure is the firm's own report: pending matters are allegations, not findings, and many settlements are made without admitting or denying them. Text is quoted from the filing, set in sentence case.
Item 11 questions answered Yes
These questions cover the firm and its advisory affiliates.
- Has the SEC or the Commodity Futures Trading Commission (CFTC) ever: found you or any advisory affiliate to have been involved in a violation of SEC or CFTC regulations or statutes?
- Has the SEC or the Commodity Futures Trading Commission (CFTC) ever: imposed a civil money penalty on you or any advisory affiliate, or ordered you or any advisory affiliate to cease and desist from any activity?
Actions about the firm (1)
- Dec 27, 2018Regulatory Action: SEC FinalSanctions: Cease and Desist · Fine: $100,000 · Begun Dec 18, 2018 · Resolved Dec 27, 2018 · Decision & Order of Offer of Settlement · Docket 3-18937
In 2018 Ancora Advisors LLC discovered, through a routine SEC review, that some employee contributions, over the $350 allowable limit and not in compliance with rule 206(4)-5, were made.
Ancora Advisors LLC satisfied the fine of $100,000 on 12/27/2018.
Form ADV Item 11 and its Disclosure Reporting Pages, via the SEC record. All adviser disciplinary records.
The brochure
No brochure text was read for this firm.
Other brochures on file
- Ancora Advisors LLC Form ADV Part 2A DTD 12-31-2025, Mar 27, 2026
Form ADV Part 2A, via the SEC Investment Adviser Public Disclosure site.