{
  "crd_number": 296820,
  "slug": "bluestone-investment-manager-llc-mclean-va-296820",
  "primary_business_name": "BLUESTONE INVESTMENT MANAGER, LLC",
  "legal_name": "BLUESTONE INVESTMENT MANAGER, LLC",
  "dbas": [],
  "city": "McLean",
  "state": "VA",
  "country": "United States",
  "cbsa_code": "47900",
  "metro": {
    "cbsa_code": "47900",
    "common_name": "Washington",
    "msa_name": "Washington-Arlington-Alexandria, DC-VA-MD-WV",
    "path": "/advisors/dc/washington"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2023-07-20",
  "years_registered": 3,
  "period": "2026-10-01",
  "filing_date": "2026-09-21",
  "carried_forward": false,
  "raum_total": 144811707.0,
  "raum_discretionary": 144811707.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 11,
  "advisory_employees": 10,
  "client_count_bucket": null,
  "clients_by_type": {
    "pooled_investment_vehicles": {
      "raum": 144811707.0,
      "count": 3
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "VA"
  ],
  "websites": [
    "https://bluestoneinv.com",
    "https://linkedin.com/company/bluestone-investment-partners"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/296820",
  "city_as_filed": "MCLEAN",
  "url": "https://advisorcensus.com/firm/bluestone-investment-manager-llc-mclean-va-296820",
  "display_name": "Bluestone Investment Manager, LLC",
  "summary": "Bluestone Investment Manager, LLC is an SEC-registered investment advisory firm in McLean, VA, registered since 2023, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated September 21, 2026.",
  "citation": "AdvisorCensus. Bluestone Investment Manager, LLC (CRD 296820): 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 Bluestone Investment Manager, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Bluestone Investment Manager, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees."
    },
    {
      "q": "What does Bluestone Investment Manager, LLC's brochure say about its fees?",
      "a": "Its Form ADV Part 2A brochure dated March 19, 2026 states: Asset-based fee: 2% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Bluestone Investment Manager, LLC located?",
      "a": "Bluestone Investment Manager, LLC's principal office is in McLean, VA, according to its Form ADV."
    },
    {
      "q": "Is Bluestone Investment Manager, LLC registered with the SEC or a state?",
      "a": "Bluestone Investment Manager, LLC is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 296820."
    },
    {
      "q": "How much does Bluestone Investment Manager, LLC manage?",
      "a": "Bluestone Investment Manager, LLC reports $144,811,707 in regulatory assets under management in its Form ADV filing dated September 21, 2026 (100% discretionary)."
    },
    {
      "q": "How have Bluestone Investment Manager, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Bluestone Investment Manager, LLC: Regulatory assets under management: $286,893,228 in the October 2023 data and $144,811,707 in the October 2026 data, down 50%. Total employees: 11 in October 2023 and 11 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Bluestone Investment Manager, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (3)."
    },
    {
      "q": "Does Bluestone Investment Manager, 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 SEC record: https://adviserinfo.sec.gov/firm/summary/296820"
    },
    {
      "q": "What changed in Bluestone Investment Manager, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $261,719,693 to $144,811,707 (-45%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": null,
      "total_employees": null,
      "filing_date": "2021-04-02"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": null,
      "total_employees": null,
      "filing_date": "2022-03-29"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 286893228.0,
      "total_employees": 11,
      "filing_date": "2023-06-18"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 307567007.0,
      "total_employees": 11,
      "filing_date": "2024-06-27"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 261719693.0,
      "total_employees": 11,
      "filing_date": "2025-03-27"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 144811707.0,
      "total_employees": 11,
      "filing_date": "2026-09-21"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $261,719,693 to $144,811,707 (-45%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 19, 2026",
    "tiers": [],
    "flat_rate": "2% of assets a year",
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 2% of assets a year"
        ],
        "quotes": [
          "Bluestone is generally compensated for its advisory services through asset-based management fees (“Management Fees”) of 2.0%, annually, of capital commitments of the investors of the relevant parallel Funds during the investment period."
        ]
      }
    ],
    "quotes": [
      "Bluestone is generally compensated for its advisory services through asset-based management fees (“Management Fees”) of 2.0%, annually, of capital commitments of the investors of the relevant parallel Funds during the investment period."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/bluestone-investment-manager-llc-mclean-va-296820.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 3,
      "fewer_than_5": false,
      "raum": 144811707.0
    }
  ],
  "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/296820",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}