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Ft. Lauderdale, FL Office

Team
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Kovack Advisors, Inc. logo

Kovack Advisors, Inc.

Multi-team

Firm-wide stats for Kovack Advisors, Inc.

Total advisors

245

Across 125 offices

Clients per advisor

53 Typical

Avg AUM per client

$433,120 Low

HNW client ratio

12% Low

About

Kovack Advisors, Inc. is a multi-team registered investment adviser with roughly 260 advisors and over $6 billion in client assets, serving individuals (including high‑net‑worth clients), pension and profit‑sharing plans, charitable organizations, banks and thrift institutions, and state and municipal government clients. The firm provides traditional advisory services including discretionary and non‑discretionary portfolio management, financial planning, and sub‑advisory/Independent Advisor program access, along with aggregation and limited management of “held‑away” retirement plan assets.

The firm implements client portfolios using an Envestnet-supported workflow that begins with a risk‑tolerance questionnaire and a Statement of Investment Selection, and it employs internally created models as well as third‑party managers and TAMPs to construct allocations and manage accounts. KAI monitors accounts on an ongoing basis, may rebalance or replace managers when strategies deviate, and offers both model‑based and advisor‑managed solutions across multiple custodians and execution venues.

Compared with many peers, Kovack discloses a number of atypical features: affiliation with an introducing broker‑dealer and an affiliated law firm, a related municipal advisory affiliate, and a client mix that explicitly includes banking and state/municipal entities. The firm has also reported several regulatory matters in recent years (including an SEC mutual‑fund share‑class self‑report, a 2022 SEC wrap‑program settlement, and a November 21, 2025 Delaware consent order) and discloses relationships and revenue‑sharing (including a core sweep program and other vendor arrangements) that it identifies and addresses in its disclosures.

Based on Kovack Advisors, Inc.

Expertise

Wealth management Retirement plans for business owners (SEP, solo 401k)

Based on Kovack Advisors, Inc.

Occupation focus

Executive Founder/Business Owner

Based on Kovack Advisors, Inc.

Location

6451 N. Federal Hwy, Suite 1201

Ft. Lauderdale FL 33308

Advisors at this office

94

Advisors at this office

user avatar

Alejandro O

Series 66

Ft. Lauderdale, FL

Kovack Advisors, Inc.

Alejandro Osuna is a financial advisor at Kovack Advisors, Inc. He holds a Series 66 designation and has been in the industry since 2025. His prior experience includes roles at Northwestern Mutual Investment Services LLC, Michael Calamaro, Bradesco Bank, and International Finance Bank. Kovack Advisors, Inc. is a multi-team registered investment adviser with approximately 260 advisors and over $6 billion in client assets. The firm serves individuals, including high-net-worth clients, as well as pension plans, charitable organizations, banks, and government entities, providing portfolio management, financial planning, and sub-advisory services through both internally developed models and third-party managers.

Wealth management Retirement plans for business owners (SEP, solo 401k) Executive Founder/Business Owner
user avatar

Daniel M

Series 63, Series 66

Ft. Lauderdale, FL

Kovack Advisors, Inc.

Daniel Morris Jr. is a financial advisor at Kovack Advisors, Inc. in Ft. Lauderdale, FL, holding Series 63 and Series 66 licenses with 13 years of industry experience. His prior work includes roles at VOYA Financial Advisors and Cetera Advisor Networks. Outside of his advisory career, he serves as a pastor at Cross Creek Baptist Church. Kovack Advisors, Inc. is a multi-team registered investment adviser with approximately 260 advisors managing over $6 billion in client assets. The firm serves individuals, including high-net-worth clients, pension plans, charitable organizations, and government entities, employing a risk-tolerance–based investment process supported by Envestnet and a combination of in-house and third-party management solutions.

Wealth management Retirement plans for business owners (SEP, solo 401k) Executive Founder/Business Owner
user avatar

Raymond A

Series 66

Ft. Lauderdale, FL

Kovack Advisors, Inc.

Raymond Arias is a financial advisor with Kovack Advisors, Inc. in Ft. Lauderdale, FL, holding a Series 66 designation and 25 years of industry experience. He has worked at Kovack Advisors since 2012 and previously held roles at Brookstone Securities, Invest Financial Corporation, and Transamerica Financial Advisors. Outside of his advisory work, he is involved in community education as a presenter on health, financial, and technology topics and serves as a minister officiating marriage ceremonies. Kovack Advisors, Inc. is a multi-team registered investment adviser with roughly 260 advisors and over $6 billion in client assets. The firm serves a diverse client base including individuals, pension plans, charitable organizations, and governmental entities, offering portfolio management, financial planning, and access to sub-advisory programs using a risk-tolerance–based investment process.

Wealth management Retirement plans for business owners (SEP, solo 401k) Executive Founder/Business Owner
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Darwin D

Series 63, Series 66

Ft. Lauderdale, FL

Kovack Advisors, Inc.

Darwin Dees is a financial advisor at Kovack Advisors, Inc. with 13 years of industry experience. He holds Series 63 and Series 66 licenses and has worked at several firms including Cape Securities, Inc. and GWN Securities, Inc. In addition to his advisory role, he is involved in wealth management and retirement services through his own business activities in Tifton, Georgia. Kovack Advisors, Inc. is a multi-team registered investment adviser with about 260 advisors and over $6 billion in client assets. The firm serves individuals, pension plans, charitable organizations, banks, and government clients using an Envestnet-supported workflow that combines internally created models with third-party managers.

Wealth management Retirement plans for business owners (SEP, solo 401k) Executive Founder/Business Owner
user avatar

Gregory H

Series 66

Fort Lauderdale, FL

Kovack Advisors, Inc.

Gregory Heinrich is a financial advisor at Kovack Advisors, Inc. in Fort Lauderdale, FL, holding a Series 66 designation with 21 years of industry experience. He has been with Kovack Advisors and its affiliated entity Kovack Securities since 2010. Prior to that, he worked at Summit Financial Group Inc and American Securities Group, Inc. Kovack Advisors, Inc. is a multi-team registered investment adviser with approximately 260 advisors and over $6 billion in client assets. The firm serves a diverse client base including individuals, pension plans, charitable organizations, banks, and government entities, utilizing a combination of internally created models and third-party managers integrated through an Envestnet-supported workflow.

Wealth management Retirement plans for business owners (SEP, solo 401k) Executive Founder/Business Owner
user avatar

Garth I

Series 63, Series 65

Ft. Lauderdale, FL

Kovack Advisors, Inc.

Garth Ivey is a financial advisor at Kovack Advisors, Inc. with 30 years of industry experience. He holds Series 63 and Series 65 credentials and has previously worked at firms including Securities America Advisors, Investacorp, and Cetera Wealth Services. In addition to his advisory work, Ivey owns and manages several investment-related businesses, including a financial services LLC and advisory activities focused on client real estate portfolio management. Kovack Advisors, Inc. is a multi-team registered investment adviser serving individuals, pension and profit-sharing plans, charitable organizations, banks, and governmental clients. The firm uses a risk-tolerance based approach supported by Envestnet technology and combines internally created models with third-party managers to manage portfolios across multiple custodians and execution venues.

Wealth management Retirement plans for business owners (SEP, solo 401k) Executive Founder/Business Owner
user avatar

Danny Y

Series 63, Series 66

Ft. Lauderdale, FL

Kovack Advisors, Inc.

Danny Young is a financial advisor with Kovack Advisors, Inc. in Ft. Lauderdale, FL, holding Series 63 and Series 66 licenses and bringing 26 years of industry experience. His prior roles include positions at Cetera Advisor Networks and VOYA Financial Advisors. Outside of his advisory work, he owns and operates several businesses related to fixed insurance and federal employee retirement training. Kovack Advisors, Inc. is a multi-team registered investment adviser with approximately 260 advisors and over $6 billion in client assets. The firm serves a diverse client base including individuals, pension and profit-sharing plans, charitable organizations, banks, and government entities, offering portfolio management, financial planning, and sub-advisory services using both internally developed models and third-party managers.

Wealth management Retirement plans for business owners (SEP, solo 401k) Executive Founder/Business Owner
user avatar

Andres P

CFP®, Series 66

Ft. Lauderdale, FL

Kovack Advisors, Inc.

Andres Pimentel is a CFP®-certified financial advisor with 19 years of industry experience, currently affiliated with Kovack Advisors, Inc. He has worked at Kovack since 2020 and previously held positions at Citigroup and SunTrust. Outside of his advisory work, he serves as CFO of The Malachi 2:14 Alliance Project, a nonprofit organization that assists Christian couples with marital counseling expenses. Kovack Advisors, Inc. is a multi-team registered investment adviser with approximately 260 advisors and over $6 billion in client assets. The firm serves individuals, pension and profit-sharing plans, charitable organizations, banks, and governmental clients, offering portfolio management, financial planning, and access to sub-advisory programs using a combination of internally created models and third-party managers.

Wealth management Retirement plans for business owners (SEP, solo 401k) Executive Founder/Business Owner
user avatar

Laurel M

Series 66

Ft. Lauderdale, FL

Kovack Advisors, Inc.

Laurel Miller is a financial advisor with Kovack Advisors, Inc. based in Ft. Lauderdale, FL, holding a Series 66 designation and 10 years of industry experience. She previously worked at Kovack Securities, Inc. from 2013 to 2017 and has been with Oak Tree Group since 2017. Outside of her advisory role, she serves as a soccer referee in Atlanta, GA. Kovack Advisors, Inc. is a multi-team registered investment adviser with approximately 260 advisors managing over $6 billion in client assets. The firm serves individuals, institutions, and government clients using both internally developed models and third-party managers, implementing portfolios through an Envestnet-supported workflow that includes ongoing monitoring and rebalancing.

Wealth management Retirement plans for business owners (SEP, solo 401k) Executive Founder/Business Owner
user avatar

Gerald H

CFP®, Series 63

Ft. Lauderdale, FL

Kovack Advisors, Inc.

Gerald Hoenings is a CFP® with 34 years of industry experience, currently serving as an advisor at Kovack Advisors, Inc. since 2007. His prior roles include positions at Gunnallen Financial, Inc. and OSAIC. Outside of his advisory work, he is president of Pinnacle Tax of Jupiter and Pinnacle Tax of Palm Beach, specializing in tax preparation and accounting, and manages an online fitness equipment business. Kovack Advisors, Inc. is a multi-team registered investment adviser with approximately 260 advisors and over $6 billion in client assets. The firm serves individuals, including high-net-worth clients, pension and profit-sharing plans, charitable organizations, banks, and government entities, utilizing both internally developed and third-party investment models supported by an Envestnet workflow.

Wealth management Retirement plans for business owners (SEP, solo 401k) Executive Founder/Business Owner
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Steven W

PFS™, Series 63

Ft. Lauderdale, FL

Kovack Advisors, Inc.

Steven Wright is a financial advisor at Kovack Advisors, Inc. with 20 years of industry experience. He holds the PFS™ and Series 63 designations and has worked with Kovack Advisors and its affiliates since 2010, following a lengthy tenure at S R Wright & Company, P.A. He is also president and owner of a CPA firm specializing in tax return, estate, and asset protection planning. Kovack Advisors, Inc. is a multi-team registered investment adviser with approximately 260 advisors managing over $6 billion in client assets. The firm serves individuals, pension and profit-sharing plans, charitable organizations, banks, and municipal clients, employing a mix of internally created models and third-party managers to provide discretionary and non-discretionary portfolio management and financial planning services.

Wealth management Retirement plans for business owners (SEP, solo 401k) Executive Founder/Business Owner
user avatar

Michel T

Series 63, Series 65

Ft. Lauderdale, FL

Kovack Advisors, Inc.

Michel Tsaparlis is a financial advisor at Kovack Advisors, Inc. in Ft. Lauderdale, FL, holding Series 63 and Series 65 licenses with 32 years of industry experience. He has been with Kovack Advisors and its affiliated firm Kovack Securities since 2013, and previously worked at Investacorp Advisory Services Inc from 2009 to 2012. Kovack Advisors, Inc. is a multi-team registered investment adviser with approximately 260 advisors and over $6 billion in client assets. The firm serves individuals, pension plans, charitable organizations, banks, and government entities, offering portfolio management, financial planning, and access to third-party managers using a risk-tolerance based process supported by Envestnet technology.

Wealth management Retirement plans for business owners (SEP, solo 401k) Executive Founder/Business Owner
user avatar

Isabelle S

Series 66

Ft. Lauderdale, FL

Kovack Advisors, Inc.

Isabelle Shick is a Series 66-credentialed financial advisor with 19 years of industry experience, currently serving at Kovack Advisors, Inc. since 2011 and Kovack Securities Inc. since 2007. She also spends a small portion of her time working as a fixed insurance agent. Kovack Advisors, Inc. is a multi-team registered investment adviser with approximately 260 advisors and over $6 billion in client assets, serving individuals, institutional clients, and government entities through a combination of discretionary and non-discretionary portfolio management and financial planning services.

Wealth management Retirement plans for business owners (SEP, solo 401k) Executive Founder/Business Owner
user avatar

Lindell D

CFP®, Series 63, Series 65

Ft. Lauderdale, FL

Kovack Advisors, Inc.

Lindell Douglas is a CFP® professional with 27 years of industry experience, currently serving as an advisor at Kovack Advisors, Inc. since 2018. His prior experience includes roles at J.W. Cole Advisors, Inc. and Ameriprise. Outside of his advisory work, he is involved as president of The Galleon Foundation, focusing on scholarships, and serves as a minister engaged in preaching and teaching. He is also an author and executive chairman of Caribbean Village Entertainment Inc. Kovack Advisors, Inc. is a multi-team registered investment adviser with approximately 260 advisors and over $6 billion in client assets. The firm serves individuals, pension plans, charitable organizations, banks, and government clients, offering portfolio management, financial planning, and sub-advisory services using a combination of proprietary models and third-party managers.

Wealth management Retirement plans for business owners (SEP, solo 401k) Executive Founder/Business Owner
user avatar

Michael H

Series 66

Ft. Lauderdale, FL

Kovack Advisors, Inc.

Michael Haddigan is a financial advisor with Kovack Advisors, Inc. in Ft. Lauderdale, FL, holding a Series 66 credential and over 21 years of industry experience. Before joining Kovack Advisors in 2017, he worked at INVEST Financial Corp from 2009 to 2017 and has been involved with Common Cents Planning, Inc. since 2003. Outside of his advisory roles, he serves as a Cubmaster volunteer for his son's Cub Pack. Kovack Advisors, Inc. is a multi-team registered investment adviser with approximately 260 advisors and over $6 billion in client assets. The firm serves individuals, pension and profit-sharing plans, charitable organizations, banks, and government clients, employing a risk-tolerance based, model-supported investment approach using both internal and third-party managers.

Wealth management Retirement plans for business owners (SEP, solo 401k) Executive Founder/Business Owner
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