# Armstrong Dixon

> Armstrong Dixon is an SEC-registered investment advisory firm in Baltimore, MD, registered since 2015, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated June 25, 2026.

- CRD: 168345
- Filed as: ARMSTRONG DIXON
- Legal name: ADE, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Baltimore, MD
- Filing period: October 2026
- Form ADV filing dated: June 25, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/168345
- AdvisorCensus page: https://advisorcensus.com/firm/armstrong-dixon-baltimore-md-168345

## Quick answers

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

**Where is Armstrong Dixon located?**
Armstrong Dixon's principal office is in Baltimore, MD, according to its Form ADV.

**Is Armstrong Dixon registered with the SEC or a state?**
Armstrong Dixon is an SEC-registered investment advisory firm, registered since 2015. Status as filed: Approved. CRD 168345.

**How much does Armstrong Dixon manage?**
Armstrong Dixon reports $447,507,954 in regulatory assets under management in its Form ADV filing dated June 25, 2026 (100% discretionary).

**How have Armstrong Dixon's assets and staff changed since 2021?**
In the Form ADV data for Armstrong Dixon: Regulatory assets under management: $284,115,364 in the October 2021 data and $447,507,954 in the October 2026 data, up 58%. Total employees: 6 in October 2021 and 9 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Armstrong Dixon serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (158); individuals (other than high net worth individuals) (132); corporations or other businesses not listed above (4).

**Which custodians does Armstrong Dixon use?**
Armstrong Dixon's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists LPL Financial LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Armstrong Dixon 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/168345

**What changed in Armstrong Dixon's recent Form ADV filings?**
In the July 2026 filing data: Registered or notice-filed in DE, OR.

## 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))
- LPL Financial 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: $447,507,954
- Discretionary: $446,447,189
- Non-discretionary: $1,060,765

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 132 | $38,812,858 |
| High net worth individuals | 158 | $404,356,076 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $834,422 |
| Charitable organizations | Fewer than 5 | $1,122,183 |
| Corporations or other businesses not listed above | 4 | $2,382,415 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2015 (11 years)
- Employees: 9 total, 6 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, DE, FL, MD, NC, NY, OR, PA, SC, TX, VA, WV
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- armstrongdixon.com
- Facebook @ARMSTRONG-DIXON-199496843558567
- Instagram @armstrongdixon1
- LinkedIn @ARMSTRONG-AND-DIXON
- YouTube @UCRz2RcWkxOL9iKnd1-WcuPA

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $284,115,364 | 6 | September 28, 2021 |
| October 2022 | $275,603,478 | 6 | July 13, 2022 |
| October 2023 | $271,960,031 | 6 | April 5, 2023 |
| October 2024 | $312,066,617 | 6 | September 10, 2024 |
| October 2025 | $350,513,365 | 9 | March 24, 2025 |
| October 2026 | $447,507,954 | 9 | June 25, 2026 |

Regulatory assets under management: $284,115,364 in the October 2021 data and $447,507,954 in the October 2026 data, up 58%.
Total employees: 6 in October 2021 and 9 in October 2026.

## Changes in the filing (last 12 months)

### July 2026
- Registered or notice-filed in DE, OR.

### April 2026
- Regulatory assets under management went from $350,513,365 to $447,507,954 (+28%).

### January 2026
- No longer registered or notice-filed in DE.

### December 2025
- Registered or notice-filed in WV.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Armstrong Dixon (CRD 168345): Form ADV filing data as of October 2026.