{
  "crd_number": 132657,
  "slug": "bakeravenue-san-francisco-ca-132657",
  "primary_business_name": "BAKERAVENUE",
  "legal_name": "BAKER AVENUE ASSET MANAGEMENT, LP",
  "dbas": [
    "BAKERAVENUE WEALTH MANAGEMENT"
  ],
  "city": "San Francisco",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "41860",
  "metro": {
    "cbsa_code": "41860",
    "common_name": "San Francisco",
    "msa_name": "San Francisco-Oakland-Fremont, CA",
    "path": "/advisors/ca/san-francisco"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2004-10-18",
  "years_registered": 21,
  "period": "2026-10-01",
  "filing_date": "2026-09-17",
  "carried_forward": false,
  "raum_total": 5086036641.0,
  "raum_discretionary": 4819175881.0,
  "raum_non_discretionary": 266860760.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 57,
  "advisory_employees": 29,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": 302091540.0,
      "count": 5
    },
    "individuals": {
      "raum": 322177681.0,
      "count": 303
    },
    "high_net_worth_individuals": {
      "raum": 4461767420.0,
      "count": 716
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "educational_seminars",
    "financial_planning",
    "periodicals_newsletters",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AZ",
    "CA",
    "CO",
    "CT",
    "FL",
    "GA",
    "ID",
    "IL",
    "IN",
    "LA",
    "MA",
    "MD",
    "MI",
    "MN",
    "NC",
    "NH",
    "NJ",
    "NM",
    "NV",
    "NY",
    "OH",
    "OK",
    "OR",
    "PA",
    "SC",
    "TN",
    "TX",
    "VA",
    "WA"
  ],
  "websites": [
    "https://bakerave.com",
    "https://linkedin.com/COMPANY/BAKERAVE",
    "https://linkedin.com/GROUPS/13732385"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/132657",
  "city_as_filed": "SAN FRANCISCO",
  "url": "https://advisorcensus.com/firm/bakeravenue-san-francisco-ca-132657",
  "display_name": "Bakeravenue",
  "summary": "Bakeravenue is an SEC-registered investment advisory firm in San Francisco, CA, registered since 2004, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated September 17, 2026.",
  "citation": "AdvisorCensus. Bakeravenue (CRD 132657): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "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)",
    "Publication of periodicals or newsletters",
    "Educational seminars/workshops"
  ],
  "quick_answers": [
    {
      "q": "How is Bakeravenue compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Bakeravenue reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)."
    },
    {
      "q": "Where is Bakeravenue located?",
      "a": "Bakeravenue's principal office is in San Francisco, CA, according to its Form ADV; the October 2026 filing also lists 13 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Bakeravenue registered with the SEC or a state?",
      "a": "Bakeravenue is an SEC-registered investment advisory firm, registered since 2004. Status as filed: Approved. CRD 132657."
    },
    {
      "q": "How much does Bakeravenue manage?",
      "a": "Bakeravenue reports $5,086,036,641 in regulatory assets under management in its Form ADV filing dated September 17, 2026 (95% discretionary)."
    },
    {
      "q": "How have Bakeravenue's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Bakeravenue: Regulatory assets under management: $2,039,786,501 in the October 2021 data and $5,086,036,641 in the October 2026 data, up 149%. Total employees: 26 in October 2021 and 57 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Bakeravenue serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (716); individuals (other than high net worth individuals) (303); charitable organizations (5)."
    },
    {
      "q": "Which custodians does Bakeravenue use?",
      "a": "Bakeravenue'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 Bakeravenue 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/132657"
    },
    {
      "q": "Does Bakeravenue state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 30, 2026 says: \"The minimum account size is $1,000,000 and is generally negotiable.\""
    },
    {
      "q": "What changed in Bakeravenue's recent Form ADV filings?",
      "a": "In the October 2026 filing data: Added an office in Arlington, VA. Added an office in Austin, TX. Added an office in Chicago, IL. Added an office in Denver, CO. Added an office in Newport Beach, CA. Added an office in Stamford, CT. Added an office in Tampa, FL."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 2039786501.0,
      "total_employees": 26,
      "filing_date": "2021-09-14"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 2131831873.0,
      "total_employees": 38,
      "filing_date": "2022-07-27"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 1900110402.0,
      "total_employees": 40,
      "filing_date": "2023-10-03"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 2592685051.0,
      "total_employees": 45,
      "filing_date": "2024-08-30"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 3771014366.0,
      "total_employees": 46,
      "filing_date": "2025-07-02"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 5086036641.0,
      "total_employees": 57,
      "filing_date": "2026-09-17"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-10-01",
      "period_label": "October 2026",
      "notes": [
        "Added an office in Arlington, VA.",
        "Added an office in Austin, TX.",
        "Added an office in Chicago, IL.",
        "Added an office in Denver, CO.",
        "Added an office in Newport Beach, CA.",
        "Added an office in Stamford, CT.",
        "Added an office in Tampa, FL."
      ]
    },
    {
      "period": "2026-09-01",
      "period_label": "September 2026",
      "notes": [
        "Registered or notice-filed in MN."
      ]
    },
    {
      "period": "2026-07-01",
      "period_label": "July 2026",
      "notes": [
        "Added an office in Atlanta, GA.",
        "No longer lists an office in Seattle, WA.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $3,771,014,366 to $5,086,036,641 (+35%).",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 30, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$1,000,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": "$9,500",
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "The minimum account size is $1,000,000 and is generally negotiable."
        ]
      },
      {
        "label": "Minimum annual fee",
        "statements": [
          "Minimum annual fee: $9,500"
        ],
        "quotes": [
          "Minimum Fee $9,500 per annum"
        ]
      }
    ],
    "quotes": [
      "The minimum account size is $1,000,000 and is generally negotiable.",
      "Minimum Fee $9,500 per annum"
    ],
    "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/bakeravenue-san-francisco-ca-132657.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 303,
      "fewer_than_5": false,
      "raum": 322177681.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 716,
      "fewer_than_5": false,
      "raum": 4461767420.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 5,
      "fewer_than_5": false,
      "raum": 302091540.0
    }
  ],
  "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/132657",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}