{
  "crd_number": 151418,
  "slug": "cabana-asset-management-fayetteville-ar-151418",
  "primary_business_name": "CABANA ASSET MANAGEMENT",
  "legal_name": "CABANA LLC",
  "dbas": [],
  "city": "Fayetteville",
  "state": "AR",
  "country": "United States",
  "cbsa_code": "22220",
  "metro": {
    "cbsa_code": "22220",
    "common_name": "Fayetteville",
    "msa_name": "Fayetteville-Springdale-Rogers, AR",
    "path": "/advisors/ar/fayetteville"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2016-09-30",
  "years_registered": 10,
  "period": "2026-10-01",
  "filing_date": "2026-09-14",
  "carried_forward": false,
  "raum_total": 471765000.0,
  "raum_discretionary": 471765000.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 6,
  "advisory_employees": 5,
  "client_count_bucket": null,
  "clients_by_type": {
    "investment_companies": {
      "raum": 247692000.0,
      "count": 1
    },
    "pooled_investment_vehicles": {
      "raum": 224073000.0,
      "count": 2
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "other",
    "pension_consulting",
    "portfolio_management_investment_companies",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AR",
    "LA",
    "TX"
  ],
  "websites": [
    "https://cabanaetfs.com",
    "https://facebook.com/TheCabanaGroup",
    "https://instagram.com/cabanagroup",
    "https://linkedin.com/company/cabana-etfs",
    "https://linkedin.com/company/thecabanagroup",
    "https://thecabanagroup.com",
    "https://twitter.com/CabanaETFs",
    "https://twitter.com/thecabanagroup"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/151418",
  "city_as_filed": "FAYETTEVILLE",
  "url": "https://advisorcensus.com/firm/cabana-asset-management-fayetteville-ar-151418",
  "display_name": "Cabana Asset Management",
  "summary": "Cabana Asset Management is an SEC-registered investment advisory firm in Fayetteville, AR, registered since 2016, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated September 14, 2026.",
  "citation": "AdvisorCensus. Cabana Asset Management (CRD 151418): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for investment companies (and business development companies)",
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Pension consulting services",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Cabana Asset Management compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Cabana Asset Management reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "Where is Cabana Asset Management located?",
      "a": "Cabana Asset Management's principal office is in Fayetteville, AR, according to its Form ADV; the October 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Cabana Asset Management registered with the SEC or a state?",
      "a": "Cabana Asset Management is an SEC-registered investment advisory firm, registered since 2016. Status as filed: Approved. CRD 151418."
    },
    {
      "q": "How much does Cabana Asset Management manage?",
      "a": "Cabana Asset Management reports $471,765,000 in regulatory assets under management in its Form ADV filing dated September 14, 2026 (100% discretionary)."
    },
    {
      "q": "How have Cabana Asset Management's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Cabana Asset Management: Regulatory assets under management: $1,339,945,562 in the October 2021 data and $471,765,000 in the October 2026 data, down 65%. Total employees: 23 in October 2021 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Cabana Asset Management serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (2); investment companies (1)."
    },
    {
      "q": "Does Cabana Asset Management 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/151418"
    },
    {
      "q": "What changed in Cabana Asset Management's recent Form ADV filings?",
      "a": "In the October 2026 filing data: Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 1339945562.0,
      "total_employees": 23,
      "filing_date": "2021-09-23"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 2523665121.0,
      "total_employees": 26,
      "filing_date": "2022-03-30"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 1476780500.0,
      "total_employees": 22,
      "filing_date": "2023-03-31"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 738650000.0,
      "total_employees": 22,
      "filing_date": "2024-03-26"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 613900000.0,
      "total_employees": 17,
      "filing_date": "2025-05-01"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 471765000.0,
      "total_employees": 6,
      "filing_date": "2026-09-14"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-10-01",
      "period_label": "October 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-09-01",
      "period_label": "September 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 15 to 5.",
        "Regulatory assets under management went from $576,705,000 to $471,765,000 (-18%)."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "No longer lists an office in Denver, CO.",
        "No longer lists an office in Little Rock, AR.",
        "No longer registered or notice-filed in AK, AL, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, UT, VA, VT, WA, WI, WV, WY."
      ]
    },
    {
      "period": "2025-11-01",
      "period_label": "November 2025",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/cabana-asset-management-fayetteville-ar-151418.md",
  "clients": [
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 1,
      "fewer_than_5": false,
      "raum": 247692000.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 2,
      "fewer_than_5": false,
      "raum": 224073000.0
    }
  ],
  "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/151418",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}