{
  "crd_number": 146325,
  "slug": "aurora-investment-managers-llc-naples-fl-146325",
  "primary_business_name": "AURORA INVESTMENT MANAGERS, LLC",
  "legal_name": "AURORA INVESTMENT MANAGERS, LLC",
  "dbas": [],
  "city": "Naples",
  "state": "FL",
  "country": "United States",
  "cbsa_code": "34940",
  "metro": {
    "cbsa_code": "34940",
    "common_name": "Naples",
    "msa_name": "Naples-Marco Island, FL",
    "path": "/advisors/fl/naples"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2008-02-11",
  "years_registered": 18,
  "period": "2026-10-01",
  "filing_date": "2026-02-19",
  "carried_forward": false,
  "raum_total": 358694902.0,
  "raum_discretionary": 325576593.0,
  "raum_non_discretionary": 33118309.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 4,
  "advisory_employees": 2,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": 14979983.0,
      "count": 5
    },
    "individuals": {
      "raum": 49800644.0,
      "count": 130
    },
    "pension_profit_sharing": {
      "raum": 11166966.0,
      "count": 6
    },
    "high_net_worth_individuals": {
      "raum": 274306970.0,
      "count": 55
    },
    "corporations_other_businesses": {
      "raum": 8440339.0,
      "count": 4
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 2,
  "states_registered": [
    "CT",
    "FL",
    "LA",
    "MA",
    "NH",
    "NY",
    "TX",
    "WA"
  ],
  "websites": [
    "https://auroraim.com",
    "https://linkedin.com/company/aurora-investment-managers-llc"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/146325",
  "disclosure_items": [
    {
      "item": "11.D(2)",
      "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?"
    },
    {
      "item": "11.D(4)",
      "question": "In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?"
    }
  ],
  "city_as_filed": "NAPLES",
  "url": "https://advisorcensus.com/firm/aurora-investment-managers-llc-naples-fl-146325",
  "display_name": "Aurora Investment Managers, LLC",
  "summary": "Aurora Investment Managers, LLC is an SEC-registered investment advisory firm in Naples, FL, registered since 2008, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated February 19, 2026.",
  "citation": "AdvisorCensus. Aurora Investment Managers, LLC (CRD 146325): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Aurora Investment Managers, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Aurora Investment Managers, LLC reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "Where is Aurora Investment Managers, LLC located?",
      "a": "Aurora Investment Managers, LLC's principal office is in Naples, FL, according to its Form ADV."
    },
    {
      "q": "Is Aurora Investment Managers, LLC registered with the SEC or a state?",
      "a": "Aurora Investment Managers, LLC is an SEC-registered investment advisory firm, registered since 2008. Status as filed: Approved. CRD 146325."
    },
    {
      "q": "How much does Aurora Investment Managers, LLC manage?",
      "a": "Aurora Investment Managers, LLC reports $358,694,902 in regulatory assets under management in its Form ADV filing dated February 19, 2026 (91% discretionary)."
    },
    {
      "q": "How have Aurora Investment Managers, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Aurora Investment Managers, LLC: Regulatory assets under management: $213,193,758 in the October 2021 data and $358,694,902 in the October 2026 data, up 68%. Total employees: 2 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 Aurora Investment Managers, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (130); high net worth individuals (55); pension and profit sharing plans (but not the plan participants or government pension plans) (6)."
    },
    {
      "q": "Which custodians does Aurora Investment Managers, LLC use?",
      "a": "Aurora Investment Managers, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Fidelity Brokerage Services LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Aurora Investment Managers, LLC report any disciplinary disclosures?",
      "a": "Reports 2 disclosure items on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation) and 11.D(4) (another regulator's order in the past ten years). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/146325"
    },
    {
      "q": "Does Aurora Investment Managers, LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated February 19, 2026 says: \"In general, we require a minimum of $100,000 to open and maintain an advisory account. At our discretion, we may waive this minimum account size.\""
    },
    {
      "q": "What changed in Aurora Investment Managers, LLC's recent Form ADV filings?",
      "a": "In the March 2026 filing data: Regulatory assets under management went from $323,276,394 to $358,694,902 (+11%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 213193758.0,
      "total_employees": 2,
      "filing_date": "2021-01-29"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 262666341.0,
      "total_employees": 2,
      "filing_date": "2022-01-19"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 182474086.0,
      "total_employees": 2,
      "filing_date": "2023-01-26"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 238769135.0,
      "total_employees": 2,
      "filing_date": "2024-02-06"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 323276394.0,
      "total_employees": 4,
      "filing_date": "2025-01-31"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 358694902.0,
      "total_employees": 4,
      "filing_date": "2026-02-19"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Regulatory assets under management went from $323,276,394 to $358,694,902 (+11%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated February 19, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$100,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $100,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "In general, we require a minimum of $100,000 to open and maintain an advisory account. At our discretion, we may waive this minimum account size."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 100000.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "In general, we require a minimum of $100,000 to open and maintain an advisory account. At our discretion, we may waive this minimum account size."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "Fidelity Brokerage Services LLC",
      "name_as_filed": "FIDELITY BROKERAGE 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/aurora-investment-managers-llc-naples-fl-146325.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 130,
      "fewer_than_5": false,
      "raum": 49800644.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 55,
      "fewer_than_5": false,
      "raum": 274306970.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 6,
      "fewer_than_5": false,
      "raum": 11166966.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 5,
      "fewer_than_5": false,
      "raum": 14979983.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 4,
      "fewer_than_5": false,
      "raum": 8440339.0
    }
  ],
  "disclosure_line": "Reports 2 disclosure items on Form ADV Item 11.",
  "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/146325",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}