# Blueheel LLC

> Blueheel LLC is an SEC-registered investment advisory firm in Dallas, TX, registered since 2024, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated October 1, 2026.

- CRD: 331771
- Filed as: BLUEHEEL LLC
- Legal name: Blueheel
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Dallas, TX
- Filing period: October 2026
- Form ADV filing dated: October 1, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/331771
- AdvisorCensus page: https://advisorcensus.com/firm/blueheel-llc-dallas-tx-331771

## Quick answers

**How is Blueheel LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Blueheel LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**Where is Blueheel LLC located?**
Blueheel LLC's principal office is in Dallas, TX, according to its Form ADV.

**Is Blueheel LLC registered with the SEC or a state?**
Blueheel LLC is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 331771.

**How much does Blueheel LLC manage?**
Blueheel LLC reports $192,322,986 in regulatory assets under management in its Form ADV filing dated October 1, 2026 (50% discretionary).

**How have Blueheel LLC's assets and staff changed since 2024?**
In the Form ADV data for Blueheel LLC: Regulatory assets under management: $0 in the October 2024 data and $192,322,986 in the October 2026 data. Total employees: 4 in October 2024 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Blueheel LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (2); corporations or other businesses not listed above (2).

**Which custodians does Blueheel LLC use?**
Blueheel LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Btig, LLC, J.P. Morgan Securities LLC and Jefferies LLC as custodians holding 10% or more of its separately managed account assets.

**Does Blueheel 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/331771

**What changed in Blueheel LLC's recent Form ADV filings?**
In the May 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Custodians (Schedule D, Section 5.K(3))
- Btig, LLC
- J.P. Morgan Securities LLC
- Jefferies LLC

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.

### Regulatory assets under management (Item 5.F)
- Total: $192,322,986
- Discretionary: $96,252,293
- Non-discretionary: $96,070,693

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 2 | $129,106,900 |
| Corporations or other businesses not listed above | 2 | $63,216,086 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2024 (2 years)
- Employees: 4 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2024 | $0 | 4 | August 12, 2024 |
| October 2025 | $180,883,645 | 4 | July 7, 2025 |
| October 2026 | $192,322,986 | 4 | October 1, 2026 |

Regulatory assets under management: $0 in the October 2024 data and $192,322,986 in the October 2026 data.
Total employees: 4 in October 2024 and 4 in October 2026.

## Changes in the filing (last 12 months)

### May 2026
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Blueheel LLC (CRD 331771): Form ADV filing data as of October 2026.