{ "crd_number": 289853, "slug": "black-raven-investments-llc-celebration-fl-289853", "primary_business_name": "BLACK RAVEN INVESTMENTS, LLC", "legal_name": "BLACK RAVEN INVESTMENTS, LLC", "dbas": [], "city": "Celebration", "state": "FL", "country": "United States", "cbsa_code": "36740", "metro": { "cbsa_code": "36740", "common_name": "Orlando", "msa_name": "Orlando-Kissimmee-Sanford, FL", "path": "/advisors/fl/orlando" }, "registration_type": "state", "registration_status": "APPROVED", "registration_date": "2017-10-24", "years_registered": 8, "period": "2026-10-01", "filing_date": "2026-04-22", "carried_forward": false, "raum_total": 21424857.0, "raum_discretionary": 21424857.0, "raum_non_discretionary": 0.0, "raum_band": "under_25m", "raum_band_label": "Under $25 million", "total_employees": 1, "advisory_employees": 1, "client_count_bucket": "fewer_than_5_in_some_types", "clients_by_type": { "other": { "raum": 0.0, "count": 0 }, "charitable": { "raum": 0.0, "count": 0 }, "individuals": { "raum": 2109255.0, "count": 5 }, "banking_thrift": { "raum": 0.0, "count": 0 }, "state_municipal": { "raum": 0.0, "count": 0 }, "insurance_companies": { "raum": 0.0, "count": 0 }, "investment_companies": { "raum": 0.0, "count": 0 }, "pension_profit_sharing": { "raum": 0.0, "count": 0 }, "other_investment_advisers": { "raum": 0.0, "count": 0 }, "high_net_worth_individuals": { "raum": 2079648.0, "count": null, "fewer_than_5": true }, "pooled_investment_vehicles": { "raum": 17235954.0, "count": 3 }, "corporations_other_businesses": { "raum": 0.0, "count": 0 }, "business_development_companies": { "raum": 0.0, "count": 0 }, "sovereign_wealth_foreign_official": { "raum": 0.0, "count": 0 } }, "compensation_types": [ "percentage_of_aum" ], "advisory_activities": [ "portfolio_management_individuals", "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "FL", "TX" ], "websites": [ "https://black.raven.investments", "https://blackraven.investments", "https://blackraveninvestments.com", "https://blkrvn.com", "https://facebook.com/BLACKRAVENINVESTMENTS", "https://raven.investments", "https://twitter.com/BLACKRAVENINV" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/289853", "city_as_filed": "CELEBRATION", "url": "https://advisorcensus.com/firm/black-raven-investments-llc-celebration-fl-289853", "display_name": "Black Raven Investments, LLC", "summary": "Black Raven Investments, LLC is a state-registered investment advisory firm in Celebration, FL, registered since 2017, reporting under $25 million in regulatory assets under management in its Form ADV filing dated April 22, 2026.", "citation": "AdvisorCensus. Black Raven Investments, LLC (CRD 289853): Form ADV filing data as of October 2026.", "registration_type_label": "State-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management" ], "advisory_activity_labels": [ "Portfolio management for individuals and/or small businesses", "Portfolio management for pooled investment vehicles (other than investment companies)" ], "quick_answers": [ { "q": "How is Black Raven Investments, LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Black Raven Investments, LLC reports these compensation arrangements: a percentage of assets under its management." }, { "q": "Where is Black Raven Investments, LLC located?", "a": "Black Raven Investments, LLC's principal office is in Celebration, FL, according to its Form ADV." }, { "q": "Is Black Raven Investments, LLC registered with the SEC or a state?", "a": "Black Raven Investments, LLC is a state-registered investment advisory firm, registered since 2017. Status as filed: APPROVED. CRD 289853." }, { "q": "How much does Black Raven Investments, LLC manage?", "a": "Black Raven Investments, LLC reports $21,424,857 in regulatory assets under management in its Form ADV filing dated April 22, 2026 (100% discretionary)." }, { "q": "What types of clients does Black Raven Investments, LLC serve?", "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (5); pooled investment vehicles (other than investment companies and business development companies) (3)." }, { "q": "Does Black Raven Investments, LLC report any disciplinary disclosures?", "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/289853" } ], "filing_history": [], "recent_changes": [], "fees_from_brochure": null, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/black-raven-investments-llc-celebration-fl-289853.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 5, "fewer_than_5": false, "raum": 2109255.0 }, { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": null, "fewer_than_5": true, "raum": 2079648.0 }, { "type": "banking_thrift", "label": "Banking or thrift institutions", "count": 0, "fewer_than_5": false, "raum": 0.0 }, { "type": "investment_companies", "label": "Investment companies", "count": 0, "fewer_than_5": false, "raum": 0.0 }, { "type": "business_development_companies", "label": "Business development companies", "count": 0, "fewer_than_5": false, "raum": 0.0 }, { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 3, "fewer_than_5": false, "raum": 17235954.0 }, { "type": "pension_profit_sharing", "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)", "count": 0, "fewer_than_5": false, "raum": 0.0 }, { "type": "charitable", "label": "Charitable organizations", "count": 0, "fewer_than_5": false, "raum": 0.0 }, { "type": "state_municipal", "label": "State or municipal government entities (including government pension plans)", "count": 0, "fewer_than_5": false, "raum": 0.0 }, { "type": "other_investment_advisers", "label": "Other investment advisers", "count": 0, "fewer_than_5": false, "raum": 0.0 }, { "type": "insurance_companies", "label": "Insurance companies", "count": 0, "fewer_than_5": false, "raum": 0.0 }, { "type": "sovereign_wealth_foreign_official", "label": "Sovereign wealth funds and foreign official institutions", "count": 0, "fewer_than_5": false, "raum": 0.0 }, { "type": "corporations_other_businesses", "label": "Corporations or other businesses not listed above", "count": 0, "fewer_than_5": false, "raum": 0.0 }, { "type": "other", "label": "Other", "count": 0, "fewer_than_5": false, "raum": 0.0 } ], "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/289853", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }