# Cheviot Value Management, LLC

> 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.

- CRD: 166291
- Filed as: CHEVIOT VALUE MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Beverly Hills, CA
- Filing period: October 2026
- Form ADV filing dated: August 14, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/166291
- AdvisorCensus page: https://advisorcensus.com/firm/cheviot-value-management-llc-beverly-hills-ca-166291

## Quick answers

**How is Cheviot Value Management, LLC compensated?**
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).

**How much does Cheviot Value Management, LLC charge?**
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.

**Where is Cheviot Value Management, LLC located?**
Cheviot Value Management, LLC's principal office is in Beverly Hills, CA, according to its Form ADV.

**Is Cheviot Value Management, LLC registered with the SEC or a state?**
Cheviot Value Management, LLC is an SEC-registered investment advisory firm, registered since 2013. Status as filed: Approved. CRD 166291.

**How much does Cheviot Value Management, LLC manage?**
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).

**How have Cheviot Value Management, LLC's assets and staff changed since 2021?**
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.

**What types of clients does Cheviot Value Management, LLC serve?**
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).

**Which custodians does Cheviot Value Management, LLC use?**
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.

**Does Cheviot Value 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/166291

**What changed in Cheviot Value Management, LLC's recent Form ADV filings?**
In the September 2026 filing data: Registered or notice-filed in KY.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated May 6, 2026)

- Flat fee: up to $10,000 (financial planning services)

> 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.

- Hourly rate: $700 an hour (financial planning services)

> 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.

- Flat fee: $900 (budget coaching services)

> Otherwise, clients pay a fixed rate of $900. Upon a client’s request, four additional budgeting sessions are available for $600 paid in advance.

- Flat fee: $600 (four additional budgeting sessions)

> Otherwise, clients pay a fixed rate of $900. Upon a client’s request, four additional budgeting sessions are available for $600 paid in advance.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

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.

### Regulatory assets under management (Item 5.F)
- Total: $1,170,417,135
- Discretionary: $1,170,417,135
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 291 | $116,604,417 |
| High net worth individuals | 287 | $1,002,379,496 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 32 | $22,200,228 |
| Charitable organizations | 9 | $18,148,770 |
| Corporations or other businesses not listed above | Fewer than 5 | $11,084,224 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Other

### Firm details
- Registered since: 2013 (13 years)
- Employees: 7 total, 7 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AR, AZ, CA, CO, FL, ID, KY, MA, NE, NH, NM, NY, OR, TX, VA, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- cheviot.com
- Facebook @Cheviot-Value-Management-LLC-104733291819791
- LinkedIn @cheviot-value-management-llc
- X @Cheviotinvests

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $533,534,398 | 5 | July 21, 2021 |
| October 2022 | $622,693,979 | 4 | October 1, 2022 |
| October 2023 | $676,410,904 | 5 | March 8, 2023 |
| October 2024 | $822,972,737 | 5 | June 13, 2024 |
| October 2025 | $963,340,637 | 8 | May 21, 2025 |
| October 2026 | $1,170,417,135 | 7 | August 14, 2026 |

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.

## Changes in the filing (last 12 months)

### September 2026
- Registered or notice-filed in KY.

### March 2026
- Employees performing advisory functions went from 4 to 7.
- Regulatory assets under management went from $963,340,637 to $1,170,417,135 (+21%).

### December 2025
- Registered or notice-filed in AR, NE.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Cheviot Value Management, LLC (CRD 166291): Form ADV filing data as of October 2026.