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Bimini Advisors, LLC
Filed as BIMINI ADVISORS, LLC
Bimini Advisors, LLC is an SEC-registered investment advisory firm in Vero Beach, FL, registered since 2012, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated April 24, 2026.
Quick answers
From the filingHow is Bimini Advisors, LLC compensated?
On its Form ADV (Item 5.E, October 2026), Bimini Advisors, LLC reports these compensation arrangements: other.
How much does Bimini Advisors, LLC charge?
Its Form ADV Part 2A brochure dated April 24, 2026 states: Up to $250,000,000: 1.5% a year; $250,000,000 to $500,000,000: 1.25% a year; Above $500,000,000: 1% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Bimini Advisors, LLC located?
Bimini Advisors, LLC's principal office is in Vero Beach, FL, according to its Form ADV.
Is Bimini Advisors, LLC registered with the SEC or a state?
Bimini Advisors, LLC is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 164944.
How much does Bimini Advisors, LLC manage?
Bimini Advisors, LLC reports $11,675,993,000 in regulatory assets under management in its Form ADV filing dated April 24, 2026 (100% discretionary).
How have Bimini Advisors, LLC's assets and staff changed since 2021?
In the Form ADV data for Bimini Advisors, LLC: Regulatory assets under management: $4,058,051,000 in the October 2021 data and $11,675,993,000 in the October 2026 data, up 188%. Total employees: 7 in October 2021 and 10 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Bimini Advisors, LLC serve?
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (1).
Does Bimini Advisors, LLC 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/164944
What changed in Bimini Advisors, LLC's recent Form ADV filings?
In the April 2026 filing data: Regulatory assets under management went from $5,721,627,000 to $11,675,993,000 (+104%).
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- Other
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 2A| Assets | Annual rate |
|---|---|
| Up to $250,000,000 | 1.5% |
| $250,000,000 to $500,000,000 | 1.25% |
| Above $500,000,000 | 1% |
The brochure's wording
Our fee for services is based on a percentage of the stockholder's equity of OIC, adjusted to exclude the effect of any unrealized gains or losses included in retained earnings or other comprehensive income (each computed in accordance with generally accepted accounting principles) in accordance with the following schedule:
Amount of Stockholder's Equity Annual Fee % Up to $250 million 1.50% $250 million - $500 million 1.25% Over $500 million 1.00%
As stated in the firm's Form ADV Part 2A brochure dated April 24, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$11,675,993,000 as of October 2026, filing dated April 24, 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- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2012 (14 years)
- Employees
- Total: 10. Performing investment advisory functions: 7.
- 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 | $11,675,993,000 | 10 | April 24, 2026 |
| October 2025 | $5,721,627,000 | 10 | March 21, 2025 |
| October 2024 | $4,243,121,000 | 9 | September 30, 2024 |
| October 2023 | $3,865,736,000 | 8 | March 29, 2023 |
| October 2022 | $7,068,677,000 | 8 | March 25, 2022 |
| October 2021 | $4,058,051,000 | 7 | March 2, 2021 |
Regulatory assets under management: $4,058,051,000 in the October 2021 data and $11,675,993,000 in the October 2026 data, up 188%.
Total employees: 7 in October 2021 and 10 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 $5,721,627,000 to $11,675,993,000 (+104%).
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.INot reported.
Source: 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. Bimini Advisors, LLC (CRD 164944): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/bimini-advisors-llc-vero-beach-fl-164944