{
  "crd_number": 309994,
  "slug": "clarivor-309994",
  "primary_business_name": "CLARIVOR",
  "legal_name": "CLARIVOR LLC",
  "dbas": [],
  "city": null,
  "state": null,
  "country": null,
  "cbsa_code": null,
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2020-08-17",
  "years_registered": 6,
  "period": "2026-10-01",
  "filing_date": "2026-09-16",
  "carried_forward": false,
  "raum_total": 4407725.0,
  "raum_discretionary": 4116868.0,
  "raum_non_discretionary": 290857.0,
  "raum_band": "under_25m",
  "raum_band_label": "Under $25 million",
  "total_employees": 1,
  "advisory_employees": 1,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "individuals": {
      "raum": 193718.0,
      "count": null,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 4214007.0,
      "count": null,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "other",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "FL",
    "NY",
    "TX"
  ],
  "websites": [
    "https://clarivor.com",
    "https://linkedin.com/company/clarivor-llc/about",
    "https://linkedin.com/in/jon-spiegel-cfa-04a9a3",
    "https://seekingalpha.com/user/28403493/instablogs"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/309994",
  "city_as_filed": null,
  "url": "https://advisorcensus.com/firm/clarivor-309994",
  "display_name": "Clarivor",
  "summary": "Clarivor is an SEC-registered investment advisory firm, registered since 2020, reporting under $25 million in regulatory assets under management in its Form ADV filing dated September 16, 2026.",
  "citation": "AdvisorCensus. Clarivor (CRD 309994): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Clarivor compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Clarivor reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Clarivor charge?",
      "a": "Its Form ADV Part 2A brochure dated July 28, 2026 states: Flat fee: up to $5,000 a month (use Clarivor’s software and receive Clarivor’s custom portfolio management…). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Is Clarivor registered with the SEC or a state?",
      "a": "Clarivor is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 309994."
    },
    {
      "q": "How much does Clarivor manage?",
      "a": "Clarivor reports $4,407,725 in regulatory assets under management in its Form ADV filing dated September 16, 2026 (93% discretionary)."
    },
    {
      "q": "How have Clarivor's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Clarivor: Regulatory assets under management: $1,198,708 in the October 2021 data and $4,407,725 in the October 2026 data, up 268%. Total employees: 1 in October 2021 and 1 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "Which custodians does Clarivor use?",
      "a": "Clarivor's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Interactive Brokers LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Clarivor 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/309994"
    },
    {
      "q": "Does Clarivor state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated July 28, 2026 says: \"Clarivor does not have any minimum requirements for opening or maintaining an account.\""
    },
    {
      "q": "What changed in Clarivor's recent Form ADV filings?",
      "a": "In the August 2026 filing data: Registered or notice-filed in FL."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 1198708.0,
      "total_employees": 1,
      "filing_date": "2021-08-23"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 6638809.0,
      "total_employees": 1,
      "filing_date": "2022-03-22"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 8121989.0,
      "total_employees": 1,
      "filing_date": "2023-03-30"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 7689100.0,
      "total_employees": 1,
      "filing_date": "2024-03-29"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 35209396.0,
      "total_employees": 1,
      "filing_date": "2025-06-05"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 4407725.0,
      "total_employees": 1,
      "filing_date": "2026-09-16"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-08-01",
      "period_label": "August 2026",
      "notes": [
        "Registered or notice-filed in FL."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $35,209,396 to $4,407,725 (-87%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated July 28, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Flat fee: up to $5,000 a month (use Clarivor’s software and receive Clarivor’s custom portfolio management…)"
    ],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "Clarivor does not have any minimum requirements for opening or maintaining an account."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: up to $5,000 a month (use Clarivor’s software and receive Clarivor’s custom portfolio management…)"
        ],
        "quotes": [
          "Such flat fees will be up to $5,000 per month, depending on factors such as the complexity of the investment strategies employed, client assets under management, and the number of accounts."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 0.0,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "flat",
          "amount": null,
          "min": null,
          "max": 5000.0,
          "period": "monthly",
          "service": "use Clarivor’s software and receive Clarivor’s custom portfolio management services"
        }
      ]
    },
    "quotes": [
      "Clarivor does not have any minimum requirements for opening or maintaining an account.",
      "Such flat fees will be up to $5,000 per month, depending on factors such as the complexity of the investment strategies employed, client assets under management, and the number of accounts."
    ],
    "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
    },
    {
      "name": "Interactive Brokers LLC",
      "name_as_filed": "INTERACTIVE BROKERS LLC",
      "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/clarivor-309994.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": null,
      "fewer_than_5": true,
      "raum": 193718.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": null,
      "fewer_than_5": true,
      "raum": 4214007.0
    }
  ],
  "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/309994",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}