# 10th Mountain, LLC

> 10th Mountain, LLC is an SEC-registered investment advisory firm, registered since 2019, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 25, 2026.

- CRD: 285804
- Filed as: 10TH MOUNTAIN, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Filing period: October 2026
- Form ADV filing dated: March 25, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/285804
- AdvisorCensus page: https://advisorcensus.com/firm/10th-mountain-llc-285804

## Quick answers

**How is 10th Mountain, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), 10th Mountain, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).

**How much does 10th Mountain, LLC charge?**
Its Form ADV Part 2A brochure dated March 25, 2026 states: Asset-based fee: 0.5% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Is 10th Mountain, LLC registered with the SEC or a state?**
10th Mountain, LLC is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 285804.

**How much does 10th Mountain, LLC manage?**
10th Mountain, LLC reports $480,304,987 in regulatory assets under management in its Form ADV filing dated March 25, 2026 (100% discretionary).

**How have 10th Mountain, LLC's assets and staff changed since 2021?**
In the Form ADV data for 10th Mountain, LLC: Regulatory assets under management: $308,881,378 in the October 2021 data and $480,304,987 in the October 2026 data, up 55%. Total employees: 2 in October 2021 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does 10th Mountain, LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (4); charitable organizations (1).

**Which custodians does 10th Mountain, LLC use?**
10th Mountain, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Northern Trust Securities, Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does 10th Mountain, LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/285804

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated March 25, 2026)

- Asset-based fee: 0.5% of assets a year

> Management fees are calculated at 0.50% for assets under management if the Client meets the minimum relationship requirement. Fee structures may be negotiated at the Company’s discretion.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Northern Trust Securities, Inc.

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $480,304,987
- Discretionary: $480,304,987
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| High net worth individuals | 4 | $88,203,665 |
| Charitable organizations | 1 | $392,101,322 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2019 (7 years)
- Employees: 2 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: OH
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $308,881,378 | 2 | March 24, 2021 |
| October 2022 | $353,795,170 | 2 | March 29, 2022 |
| October 2023 | $350,694,036 | 2 | March 29, 2023 |
| October 2024 | $410,653,320 | 2 | March 8, 2024 |
| October 2025 | $469,677,480 | 2 | March 31, 2025 |
| October 2026 | $480,304,987 | 2 | March 25, 2026 |

Regulatory assets under management: $308,881,378 in the October 2021 data and $480,304,987 in the October 2026 data, up 55%.
Total employees: 2 in October 2021 and 2 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. 10th Mountain, LLC (CRD 285804): Form ADV filing data as of October 2026.