AdvisorCensus / Financial advisors / Florida / Orlando / Borderless Management LLC
Borderless Management LLC is an SEC-registered investment advisory firm in Clermont, FL, registered since 2023, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated August 14, 2026.
Quick answers
From the filingHow is Borderless Management LLC compensated?
On its Form ADV (Item 5.E, October 2026), Borderless Management LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees.
Where is Borderless Management LLC located?
Borderless Management LLC's principal office is in Clermont, FL, according to its Form ADV; the September 2026 filing also lists 1 other office (Schedule D, Section 1.F).
Is Borderless Management LLC registered with the SEC or a state?
Borderless Management LLC is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 323404.
How much does Borderless Management LLC manage?
Borderless Management LLC reports $345,355,760 in regulatory assets under management in its Form ADV filing dated August 14, 2026 (96% discretionary).
How have Borderless Management LLC's assets and staff changed since 2024?
In the Form ADV data for Borderless Management LLC: Regulatory assets under management: $339,576,141 in the October 2024 data and $345,355,760 in the October 2026 data, up 2%. Total employees: 17 in October 2024 and 24 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Borderless Management LLC serve?
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (19); corporations or other businesses not listed above (1).
Does Borderless Management 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/323404
What changed in Borderless Management LLC's recent Form ADV filings?
In the September 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 2ASee the firm's brochure (dated August 14, 2026) for its fees and any account minimum, on the SEC's IAPD site.
Regulatory assets under management
Item 5.F$345,355,760 as of October 2026, filing dated August 14, 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
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2023 (2 years)
- Employees
- Total: 24. Performing investment advisory functions: 13.
- Wrap fee program participation
- No.
- Other offices (Schedule D, Section 1.F)
-
1 other office, as of the September 2026 filing
- States registered or notice-filed
-
5 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 | $345,355,760 | 24 | August 14, 2026 |
| October 2025 | $435,049,021 | 27 | July 16, 2025 |
| October 2024 | $339,576,141 | 17 | March 27, 2024 |
Regulatory assets under management: $339,576,141 in the October 2024 data and $345,355,760 in the October 2026 data, up 2%.
Total employees: 17 in October 2024 and 24 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- September 2026
- Updated its list of owners and control persons (Schedule A).
- April 2026
- Employees performing advisory functions went from 15 to 13.
- Regulatory assets under management went from $435,049,021 to $345,355,760 (-21%).
- December 2025
- Item 11 disclosure answers changed: 0 yes answers, previously 1 (now no: 11.H(2)).
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. Borderless Management LLC (CRD 323404): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/borderless-management-llc-clermont-fl-323404