← Tributary

WMS PARTNERS, LLC

TOWSON, MD · CRD 109971 · IAPD ↗ · 410-337-7575

$9.3MRegulatory AUM
0Advisory reps
0Employees
0Clients
n/aPlanning clients
5Private funds
23States
0Disclosures
fundSegment
ApprovedSEC status

Filing changes

45
July 2025 — WMS PARTNERS, LLC (TOWSON, MD) left the SEC roster (was $9.3M RAUM, 0 reps).
Firm dropped off the SEC roster: closed, merged, fell below $100M and moved to state registration, or a 120-day provisional registration lapsed.
Recruiting & transitionsM&A & valuation
30
March 2025 — WMS PARTNERS, LLC reported RAUM down 100% ($5.66B -> $8.5M).
Regulatory AUM down >=25% since last filing.
M&A & valuationRecruiting & transitions
35
March 2025 — WMS PARTNERS, LLC shrank from 45 to 0 advisory reps.
Advisory representative count fell materially — advisors are moving, or the firm is shrinking.
Recruiting & transitionsM&A & valuation

Data: SEC Form ADV monthly roster (public). Confirm on IAPD before acting.