# Clearshares LLC

> Clearshares LLC is an SEC-registered investment advisory firm in Marco Island, FL, registered since 2011, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated August 19, 2026.

- CRD: 157531
- Filed as: CLEARSHARES LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Marco Island, FL
- Filing period: October 2026
- Form ADV filing dated: August 19, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/157531
- AdvisorCensus page: https://advisorcensus.com/firm/clearshares-llc-marco-island-fl-157531

## Quick answers

**How is Clearshares LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Clearshares LLC reports these compensation arrangements: a percentage of assets under its management.

**Where is Clearshares LLC located?**
Clearshares LLC's principal office is in Marco Island, FL, according to its Form ADV.

**Is Clearshares LLC registered with the SEC or a state?**
Clearshares LLC is an SEC-registered investment advisory firm, registered since 2011. Status as filed: Approved. CRD 157531.

**How much does Clearshares LLC manage?**
Clearshares LLC reports $382,484,066 in regulatory assets under management in its Form ADV filing dated August 19, 2026 (100% discretionary).

**How have Clearshares LLC's assets and staff changed since 2021?**
In the Form ADV data for Clearshares LLC: Regulatory assets under management: $312,500,000 in the October 2021 data and $382,484,066 in the October 2026 data, up 22%. Total employees: 8 in October 2021 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Clearshares LLC serve?**
By number of clients on Form ADV Item 5.D: investment companies (3).

**Does Clearshares 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/157531

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Regulatory assets under management (Item 5.F)
- Total: $382,484,066
- Discretionary: $382,484,066
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 3 | $382,484,066 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Portfolio management for investment companies (and business development companies)

### Firm details
- Registered since: 2011 (15 years)
- Employees: 3 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- clear-shares.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $312,500,000 | 8 | August 17, 2021 |
| October 2022 | $503,560,000 | 3 | June 8, 2022 |
| October 2023 | $497,760,000 | 3 | March 3, 2023 |
| October 2024 | $405,564,812 | 3 | February 22, 2024 |
| October 2025 | $380,586,476 | 3 | February 11, 2025 |
| October 2026 | $382,484,066 | 3 | August 19, 2026 |

Regulatory assets under management: $312,500,000 in the October 2021 data and $382,484,066 in the October 2026 data, up 22%.
Total employees: 8 in October 2021 and 3 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Clearshares LLC (CRD 157531): Form ADV filing data as of October 2026.