{
  "crd_number": 118107,
  "slug": "alpha-advisors-llc-richmond-va-118107",
  "primary_business_name": "ALPHA ADVISORS, LLC",
  "legal_name": "ALPHA ADVISORS, LLC",
  "dbas": [],
  "city": "Richmond",
  "state": "VA",
  "country": "United States",
  "cbsa_code": "40060",
  "metro": {
    "cbsa_code": "40060",
    "common_name": "Richmond",
    "msa_name": "Richmond, VA",
    "path": "/advisors/va/richmond"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2018-05-08",
  "years_registered": 8,
  "period": "2026-10-01",
  "filing_date": "2026-08-28",
  "carried_forward": false,
  "raum_total": 256053519.0,
  "raum_discretionary": 256053519.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 4,
  "advisory_employees": 2,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 2342915.0,
      "count": 1,
      "description": "SCHOOL FOUNDATION",
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 15911145.0,
      "count": 55
    },
    "high_net_worth_individuals": {
      "raum": 237799459.0,
      "count": 60
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "FL",
    "NC",
    "TX",
    "VA"
  ],
  "websites": [
    "https://alpha-advisors.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/118107",
  "city_as_filed": "RICHMOND",
  "url": "https://advisorcensus.com/firm/alpha-advisors-llc-richmond-va-118107",
  "display_name": "Alpha Advisors, LLC",
  "summary": "Alpha Advisors, LLC is an SEC-registered investment advisory firm in Richmond, VA, registered since 2018, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated August 28, 2026.",
  "citation": "AdvisorCensus. Alpha Advisors, LLC (CRD 118107): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is Alpha Advisors, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Alpha Advisors, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)."
    },
    {
      "q": "Where is Alpha Advisors, LLC located?",
      "a": "Alpha Advisors, LLC's principal office is in Richmond, VA, according to its Form ADV."
    },
    {
      "q": "Is Alpha Advisors, LLC registered with the SEC or a state?",
      "a": "Alpha Advisors, LLC is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 118107."
    },
    {
      "q": "How much does Alpha Advisors, LLC manage?",
      "a": "Alpha Advisors, LLC reports $256,053,519 in regulatory assets under management in its Form ADV filing dated August 28, 2026 (100% discretionary)."
    },
    {
      "q": "How have Alpha Advisors, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Alpha Advisors, LLC: Regulatory assets under management: $139,147,786 in the October 2021 data and $256,053,519 in the October 2026 data, up 84%. Total employees: 4 in October 2021 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Alpha Advisors, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (60); individuals (other than high net worth individuals) (55); other (1)."
    },
    {
      "q": "Which custodians does Alpha Advisors, LLC use?",
      "a": "Alpha Advisors, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists National Financial Services LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Alpha Advisors, LLC report any disciplinary disclosures?",
      "a": "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/118107"
    },
    {
      "q": "What changed in Alpha Advisors, LLC's recent Form ADV filings?",
      "a": "In the March 2026 filing data: Regulatory assets under management went from $231,393,151 to $256,053,519 (+11%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 139147786.0,
      "total_employees": 4,
      "filing_date": "2021-02-24"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 157789370.0,
      "total_employees": 5,
      "filing_date": "2022-03-02"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 148403505.0,
      "total_employees": 4,
      "filing_date": "2023-03-27"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 185484900.0,
      "total_employees": 4,
      "filing_date": "2024-06-26"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 231393151.0,
      "total_employees": 4,
      "filing_date": "2025-02-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 256053519.0,
      "total_employees": 4,
      "filing_date": "2026-08-28"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Regulatory assets under management went from $231,393,151 to $256,053,519 (+11%)."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "National Financial Services LLC",
      "name_as_filed": "NATIONAL FINANCIAL SERVICES LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/alpha-advisors-llc-richmond-va-118107.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 55,
      "fewer_than_5": false,
      "raum": 15911145.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 60,
      "fewer_than_5": false,
      "raum": 237799459.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 1,
      "fewer_than_5": true,
      "raum": 2342915.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/118107",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}