# Advisorshares

> Advisorshares is an SEC-registered investment advisory firm in Bethesda, MD, registered since 2009, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 12, 2026.

- CRD: 149782
- Filed as: ADVISORSHARES
- Legal name: Advisorshares Investments, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Bethesda, MD
- Filing period: October 2026
- Form ADV filing dated: March 12, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/149782
- AdvisorCensus page: https://advisorcensus.com/firm/advisorshares-bethesda-md-149782

## Quick answers

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

**Where is Advisorshares located?**
Advisorshares' principal office is in Bethesda, MD, according to its Form ADV.

**Is Advisorshares registered with the SEC or a state?**
Advisorshares is an SEC-registered investment advisory firm, registered since 2009. Status as filed: Approved. CRD 149782.

**How much does Advisorshares manage?**
Advisorshares reports $1,721,894,407 in regulatory assets under management in its Form ADV filing dated March 12, 2026 (100% discretionary).

**How have Advisorshares' assets and staff changed since 2021?**
In the Form ADV data for Advisorshares: Regulatory assets under management: $1,055,317,875 in the October 2021 data and $1,721,894,407 in the October 2026 data, up 63%. Total employees: 8 in October 2021 and 11 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Advisorshares serve?**
By number of clients on Form ADV Item 5.D: investment companies (18).

**Does Advisorshares 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/149782

**What changed in Advisorshares' recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $1,187,033,425 to $1,721,894,407 (+45%).

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $1,721,894,407
- Discretionary: $1,721,894,407
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Investment companies | 18 | $1,721,894,407 |

### Advisory services (Item 5.G)
- Portfolio management for investment companies (and business development companies)

### Firm details
- Registered since: 2009 (17 years)
- Employees: 11 total, 5 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- advisorshares.com
- Facebook @ADVISORSHARESINVESTMENTS
- Instagram @advisorshares
- LinkedIn @advisorshares
- X @ADVISORSHARES
- YouTube @UClXkcxWKKsPk_Bhfw-VBtCw

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,055,317,875 | 8 | March 8, 2021 |
| October 2022 | $2,390,034,440 | 9 | June 22, 2022 |
| October 2023 | $1,244,839,852 | 9 | September 14, 2023 |
| October 2024 | $1,191,219,551 | 9 | March 21, 2024 |
| October 2025 | $1,187,033,425 | 10 | March 25, 2025 |
| October 2026 | $1,721,894,407 | 11 | March 12, 2026 |

Regulatory assets under management: $1,055,317,875 in the October 2021 data and $1,721,894,407 in the October 2026 data, up 63%.
Total employees: 8 in October 2021 and 11 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $1,187,033,425 to $1,721,894,407 (+45%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Advisorshares (CRD 149782): Form ADV filing data as of October 2026.