{
  "crd_number": 290034,
  "slug": "basa-advisors-dallas-tx-290034",
  "primary_business_name": "BASA ADVISORS",
  "legal_name": "BASA RESOURCES, INC.",
  "dbas": [
    "BASA ADVISORS, LLC"
  ],
  "city": "Dallas",
  "state": "TX",
  "country": "United States",
  "cbsa_code": "19100",
  "metro": {
    "cbsa_code": "19100",
    "common_name": "Dallas",
    "msa_name": "Dallas-Fort Worth-Arlington, TX",
    "path": "/advisors/tx/dallas"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2018-07-13",
  "years_registered": 8,
  "period": "2026-10-01",
  "filing_date": "2026-03-26",
  "carried_forward": false,
  "raum_total": 95680440.0,
  "raum_discretionary": 95680440.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "25m_100m",
  "raum_band_label": "$25 million to $100 million",
  "total_employees": 14,
  "advisory_employees": 5,
  "client_count_bucket": null,
  "clients_by_type": {
    "pooled_investment_vehicles": {
      "raum": 95680440.0,
      "count": 1
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "TX"
  ],
  "websites": [
    "https://basaresources.com/basa-advisors-llc",
    "https://linkedin.com/COMPANY/BASA-RESOURCES-INC-1989"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/290034",
  "city_as_filed": "DALLAS",
  "url": "https://advisorcensus.com/firm/basa-advisors-dallas-tx-290034",
  "display_name": "Basa Advisors",
  "summary": "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.",
  "citation": "AdvisorCensus. Basa Advisors (CRD 290034): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for pooled investment vehicles (other than investment companies)"
  ],
  "quick_answers": [
    {
      "q": "How is Basa Advisors compensated?",
      "a": "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."
    },
    {
      "q": "Where is Basa Advisors located?",
      "a": "Basa Advisors' principal office is in Dallas, TX, according to its Form ADV."
    },
    {
      "q": "Is Basa Advisors registered with the SEC or a state?",
      "a": "Basa Advisors is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 290034."
    },
    {
      "q": "How much does Basa Advisors manage?",
      "a": "Basa Advisors reports $95,680,440 in regulatory assets under management in its Form ADV filing dated March 26, 2026 (100% discretionary)."
    },
    {
      "q": "How have Basa Advisors' assets and staff changed since 2021?",
      "a": "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."
    },
    {
      "q": "What types of clients does Basa Advisors serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (1)."
    },
    {
      "q": "Does Basa Advisors 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/290034"
    },
    {
      "q": "What changed in Basa Advisors' recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $110,445,373 to $95,680,440 (-13%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 97211481.0,
      "total_employees": 20,
      "filing_date": "2021-03-30"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 146364570.0,
      "total_employees": 20,
      "filing_date": "2022-03-30"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 141018136.0,
      "total_employees": 17,
      "filing_date": "2023-03-30"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 107134151.0,
      "total_employees": 16,
      "filing_date": "2024-03-28"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 110445373.0,
      "total_employees": 16,
      "filing_date": "2025-03-26"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 95680440.0,
      "total_employees": 14,
      "filing_date": "2026-03-26"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $110,445,373 to $95,680,440 (-13%)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/basa-advisors-dallas-tx-290034.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 1,
      "fewer_than_5": false,
      "raum": 95680440.0
    }
  ],
  "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/290034",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}