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Century Management Financial Advisors
Filed as CENTURY MANAGEMENT FINANCIAL ADVISORS · Legal name Van DEN Berg Management I, Inc.
Century Management Financial Advisors is an SEC-registered investment advisory firm in Austin, TX, registered since 1979, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 20, 2026.
Quick answers
From the filingHow is Century Management Financial Advisors compensated?
On its Form ADV (Item 5.E, October 2026), Century Management Financial Advisors reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees.
Where is Century Management Financial Advisors located?
Century Management Financial Advisors' principal office is in Austin, TX, according to its Form ADV.
Is Century Management Financial Advisors registered with the SEC or a state?
Century Management Financial Advisors is an SEC-registered investment advisory firm, registered since 1979. Status as filed: Approved. CRD 112308.
How much does Century Management Financial Advisors manage?
Century Management Financial Advisors reports $679,521,633 in regulatory assets under management in its Form ADV filing dated March 20, 2026 (100% discretionary).
How have Century Management Financial Advisors' assets and staff changed since 2021?
In the Form ADV data for Century Management Financial Advisors: Regulatory assets under management: $618,190,248 in the October 2021 data and $679,521,633 in the October 2026 data, up 10%. Total employees: 23 in October 2021 and 16 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Century Management Financial Advisors serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (576); high net worth individuals (131); corporations or other businesses not listed above (12).
Which custodians does Century Management Financial Advisors use?
Century Management Financial Advisors' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and National Financial Services LLC as custodians holding 10% or more of its separately managed account assets.
Does Century Management Financial Advisors 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/112308
What changed in Century Management Financial Advisors' recent Form ADV filings?
In the April 2026 filing data: Employees performing advisory functions went from 11 to 12. Regulatory assets under management went from $568,561,207 to $679,521,633 (+20%).
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
- Fixed fees (other than subscription fees)
- 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 2AThe brochure lists different fees for different services or strategies. See the firm's brochure (dated March 20, 2026) for its fees and any account minimum, on the SEC's IAPD site.
Regulatory assets under management
Item 5.F$679,521,633 as of October 2026, filing dated March 20, 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- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies (and business development companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
- Educational seminars/workshops
Registration and firm details
Items 1, 2, 5- Legal name
- Van DEN Berg Management I, Inc.
- Also doing business as
- CENTURY MANAGEMENT, CENTURY MANAGEMENT INVESTMENT ADVISORS, CM FUND ADVISORS
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 1979 (47 years)
- Employees
- Total: 16. Performing investment advisory functions: 12.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
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.
- States registered or notice-filed
-
51 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 | $679,521,633 | 16 | March 20, 2026 |
| October 2025 | $568,561,207 | 18 | March 19, 2025 |
| October 2024 | $500,531,825 | 18 | March 22, 2024 |
| October 2023 | $461,447,498 | 18 | September 15, 2023 |
| October 2022 | $718,699,493 | 18 | March 11, 2022 |
| October 2021 | $618,190,248 | 23 | March 29, 2021 |
Regulatory assets under management: $618,190,248 in the October 2021 data and $679,521,633 in the October 2026 data, up 10%.
Total employees: 23 in October 2021 and 16 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- April 2026
- Employees performing advisory functions went from 11 to 12.
- Regulatory assets under management went from $568,561,207 to $679,521,633 (+20%).
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. Century Management Financial Advisors (CRD 112308): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/century-management-financial-advisors-austin-tx-112308