# Coburn Barrett, LLC

> Coburn Barrett, LLC is an SEC-registered investment advisory firm in San Francisco, CA, registered since 2013, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated February 25, 2026.

- CRD: 166464
- Filed as: COBURN BARRETT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: San Francisco, CA
- Filing period: October 2026
- Form ADV filing dated: February 25, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/166464
- AdvisorCensus page: https://advisorcensus.com/firm/coburn-barrett-llc-san-francisco-ca-166464

## Quick answers

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

**How much does Coburn Barrett, LLC charge?**
Its Form ADV Part 2A brochure dated February 25, 2026 states: Asset-based fee: 2% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Coburn Barrett, LLC located?**
Coburn Barrett, LLC's principal office is in San Francisco, CA, according to its Form ADV.

**Is Coburn Barrett, LLC registered with the SEC or a state?**
Coburn Barrett, LLC is an SEC-registered investment advisory firm, registered since 2013. Status as filed: Approved. CRD 166464.

**How much does Coburn Barrett, LLC manage?**
Coburn Barrett, LLC reports $112,680,590 in regulatory assets under management in its Form ADV filing dated February 25, 2026 (100% discretionary).

**How have Coburn Barrett, LLC's assets and staff changed since 2021?**
In the Form ADV data for Coburn Barrett, LLC: Regulatory assets under management: $246,790,585 in the October 2021 data and $112,680,590 in the October 2026 data, down 54%. Total employees: 4 in October 2021 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Coburn Barrett, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (1).

**Does Coburn Barrett, 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/166464

**Does Coburn Barrett, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated February 25, 2026 says: "The minimum initial contribution for Investors in the Fund is $2,000,000, subject to reduction or waiver at the discretion of the Investment Manager or Board of Directors, as applicable (though not below applicable Cayman Islands minimums, where relevant)."

**What changed in Coburn Barrett, LLC's recent Form ADV filings?**
In the March 2026 filing data: Regulatory assets under management went from $101,919,135 to $112,680,590 (+11%).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated February 25, 2026)

- Asset-based fee: 2% of assets a year

> The Fund’s Management Fee is equal to two percent (2%) per annum of the Net Asset Value of the Fund.

- Account minimum: $2,000,000 (the brochure says it may be waived or negotiated)

> The minimum initial contribution for Investors in the Fund is $2,000,000, subject to reduction or waiver at the discretion of the Investment Manager or Board of Directors, as applicable (though not below applicable Cayman Islands minimums, where relevant).

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

### Regulatory assets under management (Item 5.F)
- Total: $112,680,590
- Discretionary: $112,680,590
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $112,680,590 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2013 (13 years)
- Employees: 4 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, WY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

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

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $246,790,585 | 4 | March 30, 2021 |
| October 2022 | $282,943,731 | 4 | February 24, 2022 |
| October 2023 | $142,963,907 | 4 | March 24, 2023 |
| October 2024 | $137,892,634 | 4 | February 13, 2024 |
| October 2025 | $101,919,135 | 4 | March 18, 2025 |
| October 2026 | $112,680,590 | 4 | February 25, 2026 |

Regulatory assets under management: $246,790,585 in the October 2021 data and $112,680,590 in the October 2026 data, down 54%.
Total employees: 4 in October 2021 and 4 in October 2026.

## Changes in the filing (last 12 months)

### March 2026
- Regulatory assets under management went from $101,919,135 to $112,680,590 (+11%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Coburn Barrett, LLC (CRD 166464): Form ADV filing data as of October 2026.