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Equity Services, Inc.

Equity Services, Inc.. CRD 265

Equity Services, Inc. logo

CRD: 265

Equity Services, Inc.

$2.8B Total AUM
$1.1B Disc. AUM
6.1% 3Y CAGR
500 Employees
12,789 ADV. Clients
61 yrs Firm Age

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Firm Details

Custodian
Broadridge · Fidelity/NFS · SEI
Clients
Retail and Institutional
Established Date
09-30-1964
Office Locations
259

Office Locations

1 N. Franklin ST STE 3450 Chicago IL
100 Dorset Street Suite 14 South Burlington VT
100 E Campus View Blvd Suite 125 Columbus OH

About Equity Services, Inc.

Equity Services, Inc. is an advisor-focused firm supporting financial professionals with a personal, relationship-driven experience, including responsive operations, collaborative compliance, and a solutions-oriented business development team that provides sales and marketing resources. The platform supports planning and portfolio construction using ETFs and mutual funds, alongside insurance/annuity solutions. Notable for its Field Advisory Committee and emphasis on software integrations to save advisors time.

Reported data analysis

What the numbers show

Between September 23, 2025 and July 1, 2026, reported AUM increased 13.3%, from $2.5B to $2.8B.

Across 5 reported observations, AUM increased 24.1% between October 10, 2022 and July 1, 2026, from $2.2B to $2.8B.

Of the latest reported AUM, 41.1% is discretionary and 58.9% is non-discretionary.

The firm reports 460 advisory representatives and 12,789 clients, or 27.8 clients per representative. That equates to $217.2K in reported AUM per client.

The profile lists 259 reported office locations and 61 years in operation. The source data was last updated on July 1, 2026. Figures reflect reported regulatory data and may not include subsequent changes.

Team overview

51 AVG AGE
$6.0M AVG AUM / ADVISOR
$217.2K AVG AUM / CLIENT
9 yrs AVG TENURE
500 Employees
460 Advisory Reps
495 RIA Reps
61yrs Firm Age

Additional firm insights

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Available data coverage

  • Asset Classes
  • Custodian
  • Investment Themes
  • Investment Vehicles
  • Platform
  • Services
  • Technology

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Owner & Executives

M

MEHRAN ASSADI

Chairman Of The Board, Chief Operating Officer, DIRECTOR

CRD
#5270638
Ownership
Less than 5%
R

ROBERT EARL COTTON

Chief Operating Officer, DIRECTOR

CRD
--
Ownership
Less than 5%

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Contacts

MACKENZIE ROBERT ABBATE

MACKENZIE ROBERT ABBATE

Managing Director

CRD
#7270982
NICHOLAS WILLIAM ABBATE

NICHOLAS WILLIAM ABBATE

Executive Vice President

CRD
#7324294

Showing 2 of 772 contacts

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Assets Under Management

Total AUM
Discretionary
Non-Discretionary
10-10-2022
10-17-2023
12-04-2024
09-23-2025
07-01-2026
Category Assets AVG. Account size
Discretionary $1,141,036,641 $322,509
Non-Discretionary $1,636,317,328 $185,083
Total $2,777,353,969 $224,360

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Separately Managed Accounts

SMA allocation detail is available

Equity Services, Inc. has reported separately managed account data across 4 asset classes. AdvizorPro provides the associated asset values, allocation percentages, and exportable breakdown.

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