# Alphasimplex Group, LLC

> Alphasimplex Group, LLC is an SEC-registered investment advisory firm in Boston, MA, registered since 2003, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 26, 2026.

- CRD: 128356
- Filed as: ALPHASIMPLEX GROUP, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Boston, MA
- Filing period: October 2026
- Form ADV filing dated: March 26, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/128356
- AdvisorCensus page: https://advisorcensus.com/firm/alphasimplex-group-llc-boston-ma-128356

## Quick answers

**How is Alphasimplex Group, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Alphasimplex Group, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**Where is Alphasimplex Group, LLC located?**
Alphasimplex Group, LLC's principal office is in Boston, MA, according to its Form ADV.

**Is Alphasimplex Group, LLC registered with the SEC or a state?**
Alphasimplex Group, LLC is an SEC-registered investment advisory firm, registered since 2003. Status as filed: Approved. CRD 128356.

**How much does Alphasimplex Group, LLC manage?**
Alphasimplex Group, LLC reports $3,085,939,176 in regulatory assets under management in its Form ADV filing dated March 26, 2026 (100% discretionary).

**How have Alphasimplex Group, LLC's assets and staff changed since 2021?**
In the Form ADV data for Alphasimplex Group, LLC: Regulatory assets under management: $3,727,018,665 in the October 2021 data and $3,085,939,176 in the October 2026 data, down 17%. Total employees: 44 in October 2021 and 33 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Alphasimplex Group, LLC serve?**
By number of clients on Form ADV Item 5.D: investment companies (7); pooled investment vehicles (other than investment companies and business development companies) (5).

**Which custodians does Alphasimplex Group, LLC use?**
Alphasimplex Group, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Morgan Stanley & Co. LLC and State Street Australia Limited as custodians holding 10% or more of its separately managed account assets.

**Does Alphasimplex Group, 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/128356

**What changed in Alphasimplex Group, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 18 to 17. Regulatory assets under management went from $4,340,233,892 to $3,085,939,176 (-29%).

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- Morgan Stanley & Co. LLC
- State Street Australia Limited

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: $3,085,939,176
- Discretionary: $3,085,939,176
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Investment companies | 7 | $1,397,145,843 |
| Pooled investment vehicles (other than investment companies and business development companies) | 5 | $1,540,026,091 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $148,523,318 |
| Corporations or other businesses not listed above | Fewer than 5 | $243,924 |

### Advisory services (Item 5.G)
- Portfolio management for investment companies (and business development companies)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Other

### Firm details
- Registered since: 2003 (22 years)
- Employees: 33 total, 17 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: MA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- alphasimplex.com
- portal.alphasimplex.com
- LinkedIn @ALPHASIMPLEX

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $3,727,018,665 | 44 | July 14, 2021 |
| October 2022 | $3,971,969,428 | 44 | September 23, 2022 |
| October 2023 | $5,775,837,398 | 41 | July 31, 2023 |
| October 2024 | $4,522,777,264 | 44 | March 27, 2024 |
| October 2025 | $4,340,233,892 | 41 | July 15, 2025 |
| October 2026 | $3,085,939,176 | 33 | March 26, 2026 |

Regulatory assets under management: $3,727,018,665 in the October 2021 data and $3,085,939,176 in the October 2026 data, down 17%.
Total employees: 44 in October 2021 and 33 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 18 to 17.
- Regulatory assets under management went from $4,340,233,892 to $3,085,939,176 (-29%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Alphasimplex Group, LLC (CRD 128356): Form ADV filing data as of October 2026.