# Alan Biller and Associates

> Alan Biller and Associates is an SEC-registered investment advisory firm in Menlo Park, CA, registered since 1995, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated January 26, 2026.

- CRD: 105283
- Filed as: ALAN BILLER AND ASSOCIATES
- Legal name: Alan D Biller & Associates, Inc.
- Also doing business as: ALAN BILLER AND ASSOCIATES
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Menlo Park, CA
- Filing period: October 2026
- Form ADV filing dated: January 26, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/105283
- AdvisorCensus page: https://advisorcensus.com/firm/alan-biller-and-associates-menlo-park-ca-105283

## Quick answers

**How is Alan Biller and Associates compensated?**
On its Form ADV (Item 5.E, October 2026), Alan Biller and Associates reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); other.

**How much does Alan Biller and Associates charge?**
Its Form ADV Part 2A brochure dated January 26, 2026 states: Asset-based fee: up to 0.3% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Alan Biller and Associates located?**
Alan Biller and Associates' principal office is in Menlo Park, CA, according to its Form ADV.

**Is Alan Biller and Associates registered with the SEC or a state?**
Alan Biller and Associates is an SEC-registered investment advisory firm, registered since 1995. Status as filed: Approved. CRD 105283.

**How much does Alan Biller and Associates manage?**
Alan Biller and Associates reports $65,069,635,580 in regulatory assets under management in its Form ADV filing dated January 26, 2026 (100% discretionary).

**How have Alan Biller and Associates' assets and staff changed since 2021?**
In the Form ADV data for Alan Biller and Associates: Regulatory assets under management: $53,921,828,762 in the October 2021 data and $65,069,635,580 in the October 2026 data, up 21%. Total employees: 37 in October 2021 and 51 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Alan Biller and Associates serve?**
By number of clients on Form ADV Item 5.D: pension and profit sharing plans (but not the plan participants or government pension plans) (25); other (25); charitable organizations (1).

**Which custodians does Alan Biller and Associates use?**
Alan Biller and Associates' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists The Bank of New York Mellon Institutional Bank as a custodian holding 10% or more of its separately managed account assets.

**Does Alan Biller and Associates 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/105283

**What changed in Alan Biller and Associates' recent Form ADV filings?**
In the February 2026 filing data: Employees performing advisory functions went from 25 to 24.

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated January 26, 2026)

- Asset-based fee: up to 0.3% of assets a year (the maximum the brochure states)

> The current maximum asset-based fee rate is 0.30% per year; provided, for very small Plans (those with Plan assets of $10 million or less), the terms of our Advisory Agreement shall be negotiated on a case-by-case basis between ABA and the representative(s) of each such Plan (without regard to such fee rate maximum).

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

### Custodians (Schedule D, Section 5.K(3))
- The Bank of New York Mellon Institutional Bank

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: $65,069,635,580
- Discretionary: $65,069,635,580
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 25 | $56,792,031,428 |
| Charitable organizations | 1 | $4,081,969 |
| Other | 25 | $8,273,522,183 |

### Advisory services (Item 5.G)
- Pension consulting services
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 1995 (31 years)
- Employees: 51 total, 24 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- alanbiller.com
- LinkedIn @alan-biller-and-associates

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $53,921,828,762 | 37 | September 15, 2021 |
| October 2022 | $66,038,669,314 | 40 | May 13, 2022 |
| October 2023 | $70,279,110,589 | 45 | January 27, 2023 |
| October 2024 | $82,641,338,985 | 45 | February 16, 2024 |
| October 2025 | $59,353,683,024 | 45 | July 10, 2025 |
| October 2026 | $65,069,635,580 | 51 | January 26, 2026 |

Regulatory assets under management: $53,921,828,762 in the October 2021 data and $65,069,635,580 in the October 2026 data, up 21%.
Total employees: 37 in October 2021 and 51 in October 2026.

## Changes in the filing (last 12 months)

### February 2026
- Employees performing advisory functions went from 25 to 24.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Alan Biller and Associates (CRD 105283): Form ADV filing data as of October 2026.