AdvisorCensus / Financial advisors / California / San Francisco / Bivium Capital Partners, LLC
Bivium Capital Partners, LLC is an SEC-registered investment advisory firm in San Francisco, CA, registered since 2005, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated May 1, 2026.
Quick answers
From the filingHow is Bivium Capital Partners, LLC compensated?
On its Form ADV (Item 5.E, October 2026), Bivium Capital Partners, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees.
Where is Bivium Capital Partners, LLC located?
Bivium Capital Partners, LLC's principal office is in San Francisco, CA, according to its Form ADV; the June 2026 filing also lists 1 other office (Schedule D, Section 1.F).
Is Bivium Capital Partners, LLC registered with the SEC or a state?
Bivium Capital Partners, LLC is an SEC-registered investment advisory firm, registered since 2005. Status as filed: Approved. CRD 134529.
How much does Bivium Capital Partners, LLC manage?
Bivium Capital Partners, LLC reports $6,730,650,483 in regulatory assets under management in its Form ADV filing dated May 1, 2026 (89% discretionary).
How have Bivium Capital Partners, LLC's assets and staff changed since 2021?
In the Form ADV data for Bivium Capital Partners, LLC: Regulatory assets under management: $1,543,299,517 in the October 2021 data and $6,730,650,483 in the October 2026 data, up 336%. Total employees: 10 in October 2021 and 16 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Bivium Capital Partners, LLC serve?
By number of clients on Form ADV Item 5.D: charitable organizations (21); state or municipal government entities (including government pension plans) (11); pooled investment vehicles (other than investment companies and business development companies) (1).
Which custodians does Bivium Capital Partners, LLC use?
Bivium Capital Partners, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Northern Trust, Pershing LLC and State Street Corporation as custodians holding 10% or more of its separately managed account assets.
Does Bivium Capital Partners, 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/134529
Does Bivium Capital Partners, LLC state an account minimum?
Its Form ADV Part 2A brochure dated March 17, 2026 says: "The minimum US dollar value for opening an account with Bivium is $25 million. This amount may be waived by Bivium on a case-by-case basis and typically if there is reasonable assurance the account will grow to $25 million or more."
What changed in Bivium Capital Partners, LLC's recent Form ADV filings?
In the June 2026 filing data: Updated its list of owners and control persons (Schedule A).
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 2AThe brochure lists different fees for different services or strategies; see the brochure for them.
Account minimum: $25,000,000 (the brochure says it may be waived or negotiated)
The brochure's wording
The minimum US dollar value for opening an account with Bivium is $25 million. This amount may be waived by Bivium on a case-by-case basis and typically if there is reasonable assurance the account will grow to $25 million or more.
As stated in the firm's Form ADV Part 2A brochure dated March 17, 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$6,730,650,483 as of October 2026, filing dated May 1, 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)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisers (including private fund managers)
- Other
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2005 (21 years)
- Employees
- Total: 16. Performing investment advisory functions: 10.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
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.
- Other offices (Schedule D, Section 1.F)
-
1 other office, as of the June 2026 filing
- States registered or notice-filed
-
11 states or jurisdictions
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 | $6,730,650,483 | 16 | May 1, 2026 |
| October 2025 | $5,103,926,596 | 15 | March 31, 2025 |
| October 2024 | $4,165,748,537 | 13 | March 26, 2024 |
| October 2023 | $3,188,074,691 | 12 | March 27, 2023 |
| October 2022 | $2,199,431,130 | 10 | March 29, 2022 |
| October 2021 | $1,543,299,517 | 10 | March 15, 2021 |
Regulatory assets under management: $1,543,299,517 in the October 2021 data and $6,730,650,483 in the October 2026 data, up 336%.
Total employees: 10 in October 2021 and 16 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- June 2026
- Updated its list of owners and control persons (Schedule A).
- April 2026
- Employees performing advisory functions went from 9 to 10.
- Regulatory assets under management went from $5,103,926,596 to $6,730,650,483 (+32%).
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. Bivium Capital Partners, LLC (CRD 134529): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/bivium-capital-partners-llc-san-francisco-ca-134529