# Arrow Investment Advisors, LLC

> Arrow Investment Advisors, LLC is an SEC-registered investment advisory firm in Laurel, MD, registered since 2006, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 139652
- Filed as: ARROW INVESTMENT ADVISORS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Laurel, MD
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/139652
- AdvisorCensus page: https://advisorcensus.com/firm/arrow-investment-advisors-llc-laurel-md-139652

## Quick answers

**How is Arrow Investment Advisors, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Arrow Investment Advisors, LLC reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Arrow Investment Advisors, LLC located?**
Arrow Investment Advisors, LLC's principal office is in Laurel, MD, according to its Form ADV.

**Is Arrow Investment Advisors, LLC registered with the SEC or a state?**
Arrow Investment Advisors, LLC is an SEC-registered investment advisory firm, registered since 2006. Status as filed: Approved. CRD 139652.

**How much does Arrow Investment Advisors, LLC manage?**
Arrow Investment Advisors, LLC reports $377,259,942 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have Arrow Investment Advisors, LLC's assets and staff changed since 2021?**
In the Form ADV data for Arrow Investment Advisors, LLC: Regulatory assets under management: $300,510,985 in the October 2021 data and $377,259,942 in the October 2026 data, up 26%. Total employees: 11 in October 2021 and 10 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Arrow Investment Advisors, LLC serve?**
By number of clients on Form ADV Item 5.D: investment companies (2).

**Does Arrow Investment 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/139652

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $377,259,942
- Discretionary: $377,259,942
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Investment companies | 2 | $377,259,942 |

### Advisory services (Item 5.G)
- Portfolio management for investment companies (and business development companies)

### Firm details
- Registered since: 2006 (20 years)
- Employees: 10 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: MD
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- arrowfunds.com
- arrowshares.com
- LinkedIn @arrow-investment-advisors

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $300,510,985 | 11 | August 17, 2021 |
| October 2022 | $325,000,000 | 10 | April 1, 2022 |
| October 2023 | $400,000,000 | 12 | March 31, 2023 |
| October 2024 | $324,000,000 | 12 | April 1, 2024 |
| October 2025 | $351,883,559 | 10 | March 31, 2025 |
| October 2026 | $377,259,942 | 10 | March 31, 2026 |

Regulatory assets under management: $300,510,985 in the October 2021 data and $377,259,942 in the October 2026 data, up 26%.
Total employees: 11 in October 2021 and 10 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Arrow Investment Advisors, LLC (CRD 139652): Form ADV filing data as of October 2026.