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Advisory Services Network, LLC

CIK:0001573876
Investment Adviser
$7B AUM
1,742 holdings
Atlanta, GA, United States
Founded:2010
215 employees
Latest filing:Jun 30, 2025

Advisory Services Network, LLC (ASN) is an SEC-registered investment adviser headquartered in Atlanta, Georgia. Founded in 2010, ASN offers asset management, financial planning, investment consulting, and wrap fee programs primarily to retail investors through a national network of independent investment adviser representatives. ASN specializes in providing a turnkey platform enabling small and mid-sized financial advisors to operate independently while leveraging institutional technology, operational support, and compliance resources. The firm serves individuals, high net worth individuals, corporations, pension and profit sharing plans, and charitable organizations. As of 2025, ASN employs approximately 215 professionals.

Investment Strategy

ASN delivers a broad array of investment advisory services structured around empowering independent advisors to serve retail and institutional clients. Investment offerings include discretionary and non-discretionary asset management, financial planning, and wrap fee programs. The firm emphasizes individualized investment plans, ongoing account monitoring (for ongoing relationships), and the flexibility to refer clients to external asset managers where appropriate. ASN’s philosophy centers on supporting advisors’ independence, providing cost-effective access to institutional-level pricing and technology, and maintaining a client-centric, conflict-minimized advisory environment.

Top Buys
W
WMTWALMART INC
+$104.2M
N
NVDANVIDIA CORPORATION
+$95.0M
M
MSFTMICROSOFT CORP
+$53.7M
A
AVGOBROADCOM INC
+$29.8M
S
SPYSPDR S&P 500 ETF TR
+$28.5M
Top Sells
Q
QTECFIRST TR NASDAQ 100 TECH IND
-$17.2M
I
ICSHISHARES TR
-$11.3M
B
BILSPDR SERIES TRUST
-$11.1M
I
IVVISHARES TR
-$11.0M
I
IYWISHARES TR
-$10.9M

Top Holdings

N
NVDANVIDIA CORPORATION
+3.6%$225.8M
A
AAPLAPPLE INC
+3.0%$183.5M
M
MSFTMICROSOFT CORP
+2.4%$147.7M
W
WMTWALMART INC
+2.0%$125.5M
A
AMZNAMAZON COM INC
+1.9%$119.9M

Equity Positions (1,688)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
N
NVDA
NVIDIA CORPORATION3.63%$225.8M1,269,375$37.14$157.99+$95.0M
A
AAPL
APPLE INC2.95%$183.5M883,828$97.22$205.17-$6.6M
M
MSFT
MICROSOFT CORP2.38%$147.7M276,784$229.77$497.41+$53.7M
W
WMT
WALMART INC2.02%$125.5M1,280,829$87.94$97.78+$104.2M
A
AMZN
AMAZON COM INC1.93%$119.9M512,204$109.90$219.39+$22.6M

Industry Allocation

SEMICONDUCTORS & RELATED DEVICES
+6.1%
SERVICES-PREPACKAGED SOFTWARE
+5.7%
ELECTRONIC COMPUTERS
+3.1%
SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
+3.0%
RETAIL-VARIETY STORES
+2.5%