# 57 Stars LLC > 57 Stars LLC is an SEC-registered investment advisory firm in Arlington, VA, registered since 2005, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026. - CRD: 135202 - Filed as: 57 STARS LLC - Registration: SEC-registered investment adviser (status as filed: Approved) - Location: Arlington, VA - Filing period: October 2026 - Form ADV filing dated: March 30, 2026 - SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/135202 - AdvisorCensus page: https://advisorcensus.com/firm/57-stars-llc-arlington-va-135202 ## Quick answers **How is 57 Stars LLC compensated?** On its Form ADV (Item 5.E, October 2026), 57 Stars LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure. **Where is 57 Stars LLC located?** 57 Stars LLC's principal office is in Arlington, VA, according to its Form ADV; the April 2026 filing also lists 4 other offices (Schedule D, Section 1.F). **Is 57 Stars LLC registered with the SEC or a state?** 57 Stars LLC is an SEC-registered investment advisory firm, registered since 2005. Status as filed: Approved. CRD 135202. **How much does 57 Stars LLC manage?** 57 Stars LLC reports $3,698,051,732 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (96% discretionary). **How have 57 Stars LLC's assets and staff changed since 2021?** In the Form ADV data for 57 Stars LLC: Regulatory assets under management: $3,870,715,121 in the October 2021 data and $3,698,051,732 in the October 2026 data, down 4%. Total employees: 22 in October 2021 and 24 in October 2026. Assets under management move with markets as well as with clients coming and going. **What types of clients does 57 Stars LLC serve?** By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (15). **Does 57 Stars 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/135202 **What changed in 57 Stars LLC's recent Form ADV filings?** In the April 2026 filing data: Regulatory assets under management went from $4,144,502,358 to $3,698,051,732 (-11%). Updated its list of owners and control persons (Schedule A). ## From the Form ADV filing ### Compensation (Item 5.E) - A percentage of assets under your management - Performance-based fees ### Regulatory assets under management (Item 5.F) - Total: $3,698,051,732 - Discretionary: $3,537,595,518 - Non-discretionary: $160,456,214 ### Clients (Item 5.D) | Client type | Clients | Assets | | --- | --- | --- | | Individuals (other than high net worth individuals) | 0 | $0 | | High net worth individuals | 0 | $0 | | Banking or thrift institutions | 0 | $0 | | Investment companies | 0 | $0 | | Business development companies | 0 | $0 | | Pooled investment vehicles (other than investment companies and business development companies) | 15 | $3,698,051,732 | | Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 | | Charitable organizations | 0 | $0 | | State or municipal government entities (including government pension plans) | 0 | $0 | | Other investment advisers | 0 | $0 | | Insurance companies | 0 | $0 | | Sovereign wealth funds and foreign official institutions | 0 | $0 | | Corporations or other businesses not listed above | 0 | $0 | | Other | 0 | $0 | ### Advisory services (Item 5.G) - Portfolio management for pooled investment vehicles (other than investment companies) - Selection of other advisers (including private fund managers) ### Firm details - Registered since: 2005 (21 years) - Employees: 24 total, 18 performing advisory functions - Wrap fee program participation: No - States registered or notice-filed: CA, VA - Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11. ### Other offices (Schedule D, Section 1.F), as of the April 2026 filing - Munich - Singapore 049213 - Solana Beach, CA - Tokyo ### Websites listed on Form ADV (Item 1.I) - 57stars.com - 57stars.net - LinkedIn @57-STARS-LLC ## Assets and staff over time | Data period | Regulatory assets under management | Employees | Filing dated | | --- | --- | --- | --- | | October 2021 | $3,870,715,121 | 22 | September 27, 2021 | | October 2022 | $4,722,477,324 | 22 | July 24, 2022 | | October 2023 | $4,722,137,952 | 22 | March 20, 2023 | | October 2024 | $4,583,048,182 | 23 | March 1, 2024 | | October 2025 | $4,144,502,358 | 24 | July 9, 2025 | | October 2026 | $3,698,051,732 | 24 | March 30, 2026 | Regulatory assets under management: $3,870,715,121 in the October 2021 data and $3,698,051,732 in the October 2026 data, down 4%. Total employees: 22 in October 2021 and 24 in October 2026. ## Changes in the filing (last 12 months) ### April 2026 - Regulatory assets under management went from $4,144,502,358 to $3,698,051,732 (-11%). - Updated its list of owners and control persons (Schedule A). ## Source Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. 57 Stars LLC (CRD 135202): Form ADV filing data as of October 2026.