{
  "crd_number": 156109,
  "slug": "avalan-llc-santa-barbara-ca-156109",
  "primary_business_name": "AVALAN, LLC",
  "legal_name": "AVALAN, LLC",
  "dbas": [],
  "city": "Santa Barbara",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "42200",
  "metro": {
    "cbsa_code": "42200",
    "common_name": "Santa Maria",
    "msa_name": "Santa Maria-Santa Barbara, CA",
    "path": "/advisors/ca/santa-maria"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2016-03-16",
  "years_registered": 10,
  "period": "2026-10-01",
  "filing_date": "2026-03-17",
  "carried_forward": false,
  "raum_total": 621827000.0,
  "raum_discretionary": 544374000.0,
  "raum_non_discretionary": 77453000.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 11,
  "advisory_employees": 11,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 47100000.0,
      "count": 13,
      "description": "LLCS"
    },
    "charitable": {
      "raum": 31500000.0,
      "count": 6
    },
    "individuals": {
      "raum": 72800000.0,
      "count": 144
    },
    "insurance_companies": {
      "raum": 27800000.0,
      "count": null,
      "fewer_than_5": true
    },
    "pension_profit_sharing": {
      "raum": 90175000.0,
      "count": 35
    },
    "high_net_worth_individuals": {
      "raum": 352452000.0,
      "count": 121
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "educational_seminars",
    "financial_planning",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "FL",
    "IL",
    "MI",
    "TX",
    "UT",
    "WA"
  ],
  "websites": [
    "https://avalanwealth.com",
    "https://winewomenworth.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/156109",
  "city_as_filed": "SANTA BARBARA",
  "url": "https://advisorcensus.com/firm/avalan-llc-santa-barbara-ca-156109",
  "display_name": "Avalan, LLC",
  "summary": "Avalan, LLC is an SEC-registered investment advisory firm in Santa Barbara, CA, registered since 2016, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 17, 2026.",
  "citation": "AdvisorCensus. Avalan, LLC (CRD 156109): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Selection of other advisers (including private fund managers)",
    "Educational seminars/workshops"
  ],
  "quick_answers": [
    {
      "q": "How is Avalan, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Avalan, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "Where is Avalan, LLC located?",
      "a": "Avalan, LLC's principal office is in Santa Barbara, CA, according to its Form ADV; the April 2026 filing also lists 2 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Avalan, LLC registered with the SEC or a state?",
      "a": "Avalan, LLC is an SEC-registered investment advisory firm, registered since 2016. Status as filed: Approved. CRD 156109."
    },
    {
      "q": "How much does Avalan, LLC manage?",
      "a": "Avalan, LLC reports $621,827,000 in regulatory assets under management in its Form ADV filing dated March 17, 2026 (88% discretionary)."
    },
    {
      "q": "How have Avalan, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Avalan, LLC: Regulatory assets under management: $275,897,584 in the October 2021 data and $621,827,000 in the October 2026 data, up 125%. Total employees: 9 in October 2021 and 11 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Avalan, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (144); high net worth individuals (121); pension and profit sharing plans (but not the plan participants or government pension plans) (35)."
    },
    {
      "q": "Which custodians does Avalan, LLC use?",
      "a": "Avalan, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Fidelity Investments as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Avalan, LLC report any disciplinary disclosures?",
      "a": "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/156109"
    },
    {
      "q": "What changed in Avalan, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 10 to 11. Regulatory assets under management went from $488,859,570 to $621,827,000 (+27%). Added an office in Westlake Village, CA. No longer lists an office in Thousand Oaks, CA."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 275897584.0,
      "total_employees": 9,
      "filing_date": "2021-03-15"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 452336412.0,
      "total_employees": 11,
      "filing_date": "2022-04-08"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 349285204.0,
      "total_employees": 10,
      "filing_date": "2023-04-03"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 405417977.0,
      "total_employees": 10,
      "filing_date": "2024-05-01"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 488859570.0,
      "total_employees": 10,
      "filing_date": "2025-03-24"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 621827000.0,
      "total_employees": 11,
      "filing_date": "2026-03-17"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 10 to 11.",
        "Regulatory assets under management went from $488,859,570 to $621,827,000 (+27%).",
        "Added an office in Westlake Village, CA.",
        "No longer lists an office in Thousand Oaks, CA."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "Fidelity Investments",
      "name_as_filed": "FIDELITY INVESTMENTS",
      "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/avalan-llc-santa-barbara-ca-156109.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 144,
      "fewer_than_5": false,
      "raum": 72800000.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 121,
      "fewer_than_5": false,
      "raum": 352452000.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 35,
      "fewer_than_5": false,
      "raum": 90175000.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 6,
      "fewer_than_5": false,
      "raum": 31500000.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": null,
      "fewer_than_5": true,
      "raum": 27800000.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 13,
      "fewer_than_5": false,
      "raum": 47100000.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "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/156109",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}