{
  "crd_number": 166291,
  "slug": "cheviot-value-management-llc-beverly-hills-ca-166291",
  "primary_business_name": "CHEVIOT VALUE MANAGEMENT, LLC",
  "legal_name": "CHEVIOT VALUE MANAGEMENT, LLC",
  "dbas": [],
  "city": "Beverly Hills",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "31080",
  "metro": {
    "cbsa_code": "31080",
    "common_name": "Los Angeles",
    "msa_name": "Los Angeles-Long Beach-Anaheim, CA",
    "path": "/advisors/ca/los-angeles"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2013-02-15",
  "years_registered": 13,
  "period": "2026-10-01",
  "filing_date": "2026-08-14",
  "carried_forward": false,
  "raum_total": 1170417135.0,
  "raum_discretionary": 1170417135.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 7,
  "advisory_employees": 7,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 18148770.0,
      "count": 9
    },
    "individuals": {
      "raum": 116604417.0,
      "count": 291
    },
    "pension_profit_sharing": {
      "raum": 22200228.0,
      "count": 32
    },
    "high_net_worth_individuals": {
      "raum": 1002379496.0,
      "count": 287
    },
    "corporations_other_businesses": {
      "raum": 11084224.0,
      "count": null,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "other",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AR",
    "AZ",
    "CA",
    "CO",
    "FL",
    "ID",
    "KY",
    "MA",
    "NE",
    "NH",
    "NM",
    "NY",
    "OR",
    "TX",
    "VA",
    "WA"
  ],
  "websites": [
    "https://cheviot.com",
    "https://facebook.com/Cheviot-Value-Management-LLC-104733291819791",
    "https://linkedin.com/company/cheviot-value-management-llc/about",
    "https://x.com/Cheviotinvests"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/166291",
  "city_as_filed": "BEVERLY HILLS",
  "url": "https://advisorcensus.com/firm/cheviot-value-management-llc-beverly-hills-ca-166291",
  "display_name": "Cheviot Value Management, LLC",
  "summary": "Cheviot Value Management, LLC is an SEC-registered investment advisory firm in Beverly Hills, CA, registered since 2013, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated August 14, 2026.",
  "citation": "AdvisorCensus. Cheviot Value Management, LLC (CRD 166291): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Cheviot Value Management, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Cheviot Value Management, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Cheviot Value Management, LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated May 6, 2026 states: Flat fee: up to $10,000 (financial planning services); Hourly rate: $700 an hour (financial planning services); Flat fee: $900 (budget coaching services); Flat fee: $600 (four additional budgeting sessions). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Cheviot Value Management, LLC located?",
      "a": "Cheviot Value Management, LLC's principal office is in Beverly Hills, CA, according to its Form ADV."
    },
    {
      "q": "Is Cheviot Value Management, LLC registered with the SEC or a state?",
      "a": "Cheviot Value Management, LLC is an SEC-registered investment advisory firm, registered since 2013. Status as filed: Approved. CRD 166291."
    },
    {
      "q": "How much does Cheviot Value Management, LLC manage?",
      "a": "Cheviot Value Management, LLC reports $1,170,417,135 in regulatory assets under management in its Form ADV filing dated August 14, 2026 (100% discretionary)."
    },
    {
      "q": "How have Cheviot Value Management, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Cheviot Value Management, LLC: Regulatory assets under management: $533,534,398 in the October 2021 data and $1,170,417,135 in the October 2026 data, up 119%. Total employees: 5 in October 2021 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Cheviot Value Management, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (291); high net worth individuals (287); pension and profit sharing plans (but not the plan participants or government pension plans) (32)."
    },
    {
      "q": "Which custodians does Cheviot Value Management, LLC use?",
      "a": "Cheviot Value Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Cheviot Value Management, 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/166291"
    },
    {
      "q": "What changed in Cheviot Value Management, LLC's recent Form ADV filings?",
      "a": "In the September 2026 filing data: Registered or notice-filed in KY."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 533534398.0,
      "total_employees": 5,
      "filing_date": "2021-07-21"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 622693979.0,
      "total_employees": 4,
      "filing_date": "2022-10-01"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 676410904.0,
      "total_employees": 5,
      "filing_date": "2023-03-08"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 822972737.0,
      "total_employees": 5,
      "filing_date": "2024-06-13"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 963340637.0,
      "total_employees": 8,
      "filing_date": "2025-05-21"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 1170417135.0,
      "total_employees": 7,
      "filing_date": "2026-08-14"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-09-01",
      "period_label": "September 2026",
      "notes": [
        "Registered or notice-filed in KY."
      ]
    },
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Employees performing advisory functions went from 4 to 7.",
        "Regulatory assets under management went from $963,340,637 to $1,170,417,135 (+21%)."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Registered or notice-filed in AR, NE."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated May 6, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Flat fee: up to $10,000 (financial planning services)",
      "Hourly rate: $700 an hour (financial planning services)",
      "Flat fee: $900 (budget coaching services)",
      "Flat fee: $600 (four additional budgeting sessions)"
    ],
    "figures": [
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: up to $10,000 (financial planning services)"
        ],
        "quotes": [
          "Fees are based on the scope and complexity of the services provided but will not exceed $10,000 for fixed fee engagements and $700 per hour for hourly arrangements."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $700 an hour (financial planning services)"
        ],
        "quotes": [
          "Fees are based on the scope and complexity of the services provided but will not exceed $10,000 for fixed fee engagements and $700 per hour for hourly arrangements."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $900 (budget coaching services)"
        ],
        "quotes": [
          "Otherwise, clients pay a fixed rate of $900. Upon a client’s request, four additional budgeting sessions are available for $600 paid in advance."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $600 (four additional budgeting sessions)"
        ],
        "quotes": [
          "Otherwise, clients pay a fixed rate of $900. Upon a client’s request, four additional budgeting sessions are available for $600 paid in advance."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "flat",
          "amount": null,
          "min": null,
          "max": 10000.0,
          "period": "one_time",
          "service": "financial planning services"
        },
        {
          "kind": "hourly",
          "amount": 700.0,
          "min": null,
          "max": null,
          "period": "hour",
          "service": "financial planning services"
        },
        {
          "kind": "flat",
          "amount": 900.0,
          "min": null,
          "max": null,
          "period": "one_time",
          "service": "budget coaching services"
        },
        {
          "kind": "flat",
          "amount": 600.0,
          "min": null,
          "max": null,
          "period": "one_time",
          "service": "four additional budgeting sessions"
        }
      ]
    },
    "quotes": [
      "Fees are based on the scope and complexity of the services provided but will not exceed $10,000 for fixed fee engagements and $700 per hour for hourly arrangements.",
      "Fees are based on the scope and complexity of the services provided but will not exceed $10,000 for fixed fee engagements and $700 per hour for hourly arrangements.",
      "Otherwise, clients pay a fixed rate of $900. Upon a client’s request, four additional budgeting sessions are available for $600 paid in advance.",
      "Otherwise, clients pay a fixed rate of $900. Upon a client’s request, four additional budgeting sessions are available for $600 paid in advance."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/cheviot-value-management-llc-beverly-hills-ca-166291.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 291,
      "fewer_than_5": false,
      "raum": 116604417.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 287,
      "fewer_than_5": false,
      "raum": 1002379496.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 32,
      "fewer_than_5": false,
      "raum": 22200228.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 9,
      "fewer_than_5": false,
      "raum": 18148770.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": null,
      "fewer_than_5": true,
      "raum": 11084224.0
    }
  ],
  "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/166291",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}