# 325 Fillmore LLC

> 325 Fillmore LLC is an SEC-registered investment advisory firm in Denver, CO, registered since 2017, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 25, 2026.

- CRD: 287625
- Filed as: 325 FILLMORE LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Denver, CO
- Filing period: October 2026
- Form ADV filing dated: March 25, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/287625
- AdvisorCensus page: https://advisorcensus.com/firm/325-fillmore-llc-denver-co-287625

## Quick answers

**How is 325 Fillmore LLC compensated?**
On its Form ADV (Item 5.E, October 2026), 325 Fillmore LLC reports these compensation arrangements: a percentage of assets under its management.

**Where is 325 Fillmore LLC located?**
325 Fillmore LLC's principal office is in Denver, CO, according to its Form ADV.

**Is 325 Fillmore LLC registered with the SEC or a state?**
325 Fillmore LLC is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 287625.

**How much does 325 Fillmore LLC manage?**
325 Fillmore LLC reports $103,751,644 in regulatory assets under management in its Form ADV filing dated March 25, 2026 (100% discretionary).

**How have 325 Fillmore LLC's assets and staff changed since 2021?**
In the Form ADV data for 325 Fillmore LLC: Regulatory assets under management: $2,157,000,000 in the October 2021 data and $103,751,644 in the October 2026 data, down 95%. Total employees: 8 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 325 Fillmore LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (4).

**Does 325 Fillmore 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/287625

**What changed in 325 Fillmore LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $714,489,444 to $103,751,644 (-85%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Regulatory assets under management (Item 5.F)
- Total: $103,751,644
- Discretionary: $103,751,644
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 4 | $103,751,644 |

### Advisory services (Item 5.G)
- Other

### Firm details
- Registered since: 2017 (9 years)
- Employees: 2 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CO, NY
- 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 | $2,157,000,000 | 8 | March 31, 2021 |
| October 2022 | $2,118,613,563 | 8 | March 28, 2022 |
| October 2023 | $1,375,324,418 | 8 | March 30, 2023 |
| October 2024 | $1,028,545,748 | 6 | March 1, 2024 |
| October 2025 | $714,489,444 | 2 | April 1, 2025 |
| October 2026 | $103,751,644 | 2 | March 25, 2026 |

Regulatory assets under management: $2,157,000,000 in the October 2021 data and $103,751,644 in the October 2026 data, down 95%.
Total employees: 8 in October 2021 and 2 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $714,489,444 to $103,751,644 (-85%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. 325 Fillmore LLC (CRD 287625): Form ADV filing data as of October 2026.