FORTRESS PRIVATE LEDGER, LLC
Adviser information for FORTRESS PRIVATE LEDGER, LLC last updated from Form ADV on September 29th, 2023. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | North Carolina, United States |
Employees
| Total Number of Employees | 21 |
|---|---|
| Investment Advisory/Research | 13 |
| Registered Broker-Dealer Representatives | 11 |
| Registered State Investment Advisers | 13 |
| Licensed Agents of an Insurance Company | 9 |
| No. of Firms/People that Solicit Clients | 1 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 420 | $141.6M |
| Non-Discretionary | 4 | $95,132 |
| Total | 424 | $141.7M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 155 | $33.5M |
| HNW Individuals | 50 | $66.9M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 31 | $37.7M |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 5 | $3.6M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 23 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 101-250 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsPension consulting servicesCONSULTING |
|---|---|
| Compensation | % of AUMHourly chargesFixed feesPerformance-based fees |
| Other Business Activities | Broker-dealerInsurance broker or agent |
Wrap Fee Program
| Offers Wrap Fee Program | Yes |
|---|
| Acting As | RAUM |
|---|---|
| Sponsor | 0 |
| Portfolio Manager | 0 |
| Both for Same | 50.3M |
| Portfolio Manager to Program | Sponsor |
|---|---|
| PORTFOLIO MANAGEMENT SERVICES | FORTRESS PRIVATE LEDGER, LLC |
Identifiers
| SEC RIA File Number | 801-118075 |
|---|---|
| SEC ERA File Number | 801-118075 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 290298 |
| Legal Entity Identifier | None |
Principal Office
3110 EDWARDS MILL RDSUITE 200
RALEIGH
NC
United States
Monday - Friday, 9:00 AM - 5:00 PM
Tel: 919-322-2761, Fax: 919-882-9040
Websites
www.fortressretirementplanadvisors.com
www.linkedin.com/company/fortress-financial-partners
fortressfp.emotomy.com/emotomy/getstarted.php
www.frpadvisors.com
www.joegrabar.com
www.facebook.com/fortressfinancialpartners/
www.fortressfinancialpartners.com/
fortressphysicians.substack.com/
mydstplan.com/joegrabar
mydstplan.com/cjg
Chief Compliance Officer
JOSEPH NICHOLAS GRABAR III
CEO/CCO
3110 EDWARDS MILL RD
SUITE 200
RALEIGH
NC
United States
Tel:
919-322-2761
Fax:
919-882-9040
J************@***********M
(Full email address available in API data)
Regulatory Contact
DAVID HAROLD GRUBBS
COMPLIANCE OFFICER
3110 EDWARDS MILL RD
SUITE 200
RALEIGH
NC
United States
Tel:
9193222761
Fax:
919-882-9040
D***********@*************M
(Full email address available in API data)
Industry Affiliates
| FORTRESS INSURANCE SERVICES | Insurance company or agency |
| GURE CAPITAL | Insurance company or agency |
| HOMETOWN RETIREMENT STRATEGIES | Insurance company or agency |
| JAVELIN 19 INVESTMENTS, LLC | Real estate broker or dealer |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| GRABAR, JOSEPH NICHOLAS III | Individual | – | CEO/CCO/TRUSTEE | 11/2017 | < 5% |
| CARTER, ANA R | Individual | – | FINOP/CFO/PFO/POO | 04/2018 | < 5% |
| THE JOSEPH N. GRABAR, III REVOCABLE TRUST DATED MAY 14, 2004 | Domestic Entity | – | OWNER | 11/2017 | > 75% |
| GURE, CHRISTOPHER JOSEPH | Individual | – | OWNER | 01/2023 | 10-25% |