AdvisorCensus / Financial advisors / Texas / Dallas / Basa Advisors
Basa Advisors is an SEC-registered investment advisory firm in Dallas, TX, registered since 2018, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated March 26, 2026.
Quick answers
From the filingHow is Basa Advisors compensated?
On its Form ADV (Item 5.E, October 2026), Basa Advisors reports these compensation arrangements: a percentage of assets under its management; performance-based fees.
Where is Basa Advisors located?
Basa Advisors' principal office is in Dallas, TX, according to its Form ADV.
Is Basa Advisors registered with the SEC or a state?
Basa Advisors is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 290034.
How much does Basa Advisors manage?
Basa Advisors reports $95,680,440 in regulatory assets under management in its Form ADV filing dated March 26, 2026 (100% discretionary).
How have Basa Advisors' assets and staff changed since 2021?
In the Form ADV data for Basa Advisors: Regulatory assets under management: $97,211,481 in the October 2021 data and $95,680,440 in the October 2026 data, down 2%. Total employees: 20 in October 2021 and 14 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Basa Advisors serve?
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (1).
Does Basa Advisors 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/290034
What changed in Basa Advisors' recent Form ADV filings?
In the April 2026 filing data: Regulatory assets under management went from $110,445,373 to $95,680,440 (-13%).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Performance-based fees
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2ASee the firm's brochure (dated March 26, 2026) for its fees and any account minimum, on the SEC's IAPD site.
Regulatory assets under management
Item 5.F$95,680,440 as of October 2026, filing dated March 26, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Portfolio management for pooled investment vehicles (other than investment companies)
Registration and firm details
Items 1, 2, 5- Legal name
- Basa Resources, Inc.
- Also doing business as
- BASA ADVISORS, LLC
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2018 (8 years)
- Employees
- Total: 14. Performing investment advisory functions: 5.
- Wrap fee program participation
- No.
- States registered or notice-filed
-
1 state or jurisdiction
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $95,680,440 | 14 | March 26, 2026 |
| October 2025 | $110,445,373 | 16 | March 26, 2025 |
| October 2024 | $107,134,151 | 16 | March 28, 2024 |
| October 2023 | $141,018,136 | 17 | March 30, 2023 |
| October 2022 | $146,364,570 | 20 | March 30, 2022 |
| October 2021 | $97,211,481 | 20 | March 30, 2021 |
Regulatory assets under management: $97,211,481 in the October 2021 data and $95,680,440 in the October 2026 data, down 2%.
Total employees: 20 in October 2021 and 14 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- April 2026
- Regulatory assets under management went from $110,445,373 to $95,680,440 (-13%).
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Basa Advisors (CRD 290034): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/basa-advisors-dallas-tx-290034