# Clerestory Advisors, Inc

> Clerestory Advisors, Inc is a state-registered investment advisory firm in Bloomington, MN, registered since 2009, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated January 26, 2026.

- CRD: 148264
- Filed as: CLERESTORY ADVISORS, INC
- Registration: State-registered investment adviser (status as filed: APPROVED)
- Location: Bloomington, MN
- Filing period: October 2026
- Form ADV filing dated: January 26, 2026
- Public record (IAPD): https://adviserinfo.sec.gov/firm/summary/148264
- AdvisorCensus page: https://advisorcensus.com/firm/clerestory-advisors-inc-bloomington-mn-148264

## Quick answers

**How is Clerestory Advisors, Inc compensated?**
On its Form ADV (Item 5.E, October 2026), Clerestory Advisors, Inc reports these compensation arrangements: fixed fees (other than subscription fees). The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Clerestory Advisors, Inc located?**
Clerestory Advisors, Inc's principal office is in Bloomington, MN, according to its Form ADV.

**Is Clerestory Advisors, Inc registered with the SEC or a state?**
Clerestory Advisors, Inc is a state-registered investment advisory firm, registered since 2009. Status as filed: APPROVED. CRD 148264.

**How much does Clerestory Advisors, Inc manage?**
Clerestory Advisors, Inc reports $99,615,195 in regulatory assets under management in its Form ADV filing dated January 26, 2026 (100% discretionary).

**What types of clients does Clerestory Advisors, Inc serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (39); individuals (other than high net worth individuals) (22).

**Does Clerestory Advisors, Inc report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/148264

## From the Form ADV filing

### Compensation (Item 5.E)
- Fixed fees (other than subscription fees)

### Regulatory assets under management (Item 5.F)
- Total: $99,615,195
- Discretionary: $99,615,195
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 22 | $9,015,217 |
| High net worth individuals | 39 | $90,599,978 |

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

### Firm details
- Registered since: 2009 (16 years)
- Employees: 3 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: MN
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- clerestoryadvisors.com
- feeonlynetwork.com/financial-advisor/elizabeth-alf
- napfa.org/member/32470/1708
- savvyladies.org/education/slvolunteer/liz-alf
- wealthtender.com/financial-advisors/elizabeth-alf-CFP
- LinkedIn @CLERESTORY-ADVISORS.COM
- LinkedIn @elizabeth-alf-a1022410a

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Clerestory Advisors, Inc (CRD 148264): Form ADV filing data as of October 2026.