# Alpha Advisors, LLC

> 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.

- CRD: 118107
- Filed as: ALPHA ADVISORS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Richmond, VA
- Filing period: October 2026
- Form ADV filing dated: August 28, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/118107
- AdvisorCensus page: https://advisorcensus.com/firm/alpha-advisors-llc-richmond-va-118107

## Quick answers

**How is Alpha Advisors, LLC compensated?**
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). The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Alpha Advisors, LLC located?**
Alpha Advisors, LLC's principal office is in Richmond, VA, according to its Form ADV.

**Is Alpha Advisors, LLC registered with the SEC or a state?**
Alpha Advisors, LLC is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 118107.

**How much does Alpha Advisors, LLC manage?**
Alpha Advisors, LLC reports $256,053,519 in regulatory assets under management in its Form ADV filing dated August 28, 2026 (100% discretionary).

**How have Alpha Advisors, LLC's assets and staff changed since 2021?**
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.

**What types of clients does Alpha Advisors, LLC serve?**
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).

**Which custodians does Alpha Advisors, LLC use?**
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.

**Does Alpha Advisors, 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/118107

**What changed in Alpha Advisors, LLC's recent Form ADV filings?**
In the March 2026 filing data: Regulatory assets under management went from $231,393,151 to $256,053,519 (+11%).

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- National Financial Services LLC

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: $256,053,519
- Discretionary: $256,053,519
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 55 | $15,911,145 |
| High net worth individuals | 60 | $237,799,459 |
| Other | 1 | $2,342,915 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses

### Firm details
- Registered since: 2018 (8 years)
- Employees: 4 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, NC, TX, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- alpha-advisors.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $139,147,786 | 4 | February 24, 2021 |
| October 2022 | $157,789,370 | 5 | March 2, 2022 |
| October 2023 | $148,403,505 | 4 | March 27, 2023 |
| October 2024 | $185,484,900 | 4 | June 26, 2024 |
| October 2025 | $231,393,151 | 4 | February 28, 2025 |
| October 2026 | $256,053,519 | 4 | August 28, 2026 |

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.

## Changes in the filing (last 12 months)

### March 2026
- Regulatory assets under management went from $231,393,151 to $256,053,519 (+11%).

### January 2026
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Alpha Advisors, LLC (CRD 118107): Form ADV filing data as of October 2026.