FinCEN AML scope: Florida's investment advisers
716 of Florida's SEC-registered investment advisers clear FinCEN's three-part AML scope test, from the SEC's own roster dated 2026-08-03. See the exact filter and sources for how that population is defined.
What stands out in Florida
46.2% of Florida's firms have 5 people or fewer, the highest concentration of small firms among the ten largest states, well above the national 40.9%. Florida's median AUM of $349.2 million sits below the national median of $440.3 million, and 84.6% of its firms have fewer than 20 people. This is a state of lean shops, not large ones, and every one of them still owes the same program as a 200-person firm.
Florida's numbers, in full
- Firms in scope
- 716
- Median staff
- 6
- Fewer than 20 people
- 606 (84.6%)
- 5 people or fewer
- 331 (46.2%)
- Custody of client cash or securities
- 389 (54.3%)
- A related person holds custody
- 254 (35.5%)
- Advise at least one private fund
- 280 (39.1%)
- Median AUM
- $349.2 million
Firms in scope
Median staff
Fewer than 20 people
5 people or fewer
Custody of client cash or securities
A related person holds custody
Advise at least one private fund
Median AUM
This page is independent research, not legal advice, computed from the SEC's own public roster of investment advisers. See the method and sources. Verify anything load-bearing against the Federal Register text itself before acting on it.