{
  "crd_number": 327121,
  "slug": "collaborative-fund-advisors-reno-nv-327121",
  "primary_business_name": "COLLABORATIVE FUND ADVISORS",
  "legal_name": "COLLABORATIVE FUND ADVISORS, LLC",
  "dbas": [
    "ANYDRUS CAPITAL",
    "NELSON FUNDS",
    "SHALVA ASSET MANAGEMENT"
  ],
  "city": "Reno",
  "state": "NV",
  "country": "United States",
  "cbsa_code": "39900",
  "metro": {
    "cbsa_code": "39900",
    "common_name": "Reno",
    "msa_name": "Reno, NV",
    "path": "/advisors/nv/reno"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2023-08-31",
  "years_registered": 3,
  "period": "2026-10-01",
  "filing_date": "2026-02-13",
  "carried_forward": false,
  "raum_total": 144836775.0,
  "raum_discretionary": 144836775.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 11,
  "advisory_employees": 7,
  "client_count_bucket": null,
  "clients_by_type": {
    "investment_companies": {
      "raum": 144836775.0,
      "count": 3
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_investment_companies"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CT",
    "IL",
    "NC",
    "NV",
    "WI"
  ],
  "websites": [
    "https://anydrusfunds.com",
    "https://nelsonselectetf.com",
    "https://plgrowthincome.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/327121",
  "city_as_filed": "RENO",
  "url": "https://advisorcensus.com/firm/collaborative-fund-advisors-reno-nv-327121",
  "display_name": "Collaborative Fund Advisors",
  "summary": "Collaborative Fund Advisors is an SEC-registered investment advisory firm in Reno, NV, registered since 2023, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated February 13, 2026.",
  "citation": "AdvisorCensus. Collaborative Fund Advisors (CRD 327121): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for investment companies (and business development companies)"
  ],
  "quick_answers": [
    {
      "q": "How is Collaborative Fund Advisors compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Collaborative Fund Advisors reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Collaborative Fund Advisors located?",
      "a": "Collaborative Fund Advisors' principal office is in Reno, NV, according to its Form ADV; the March 2026 filing also lists 4 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Collaborative Fund Advisors registered with the SEC or a state?",
      "a": "Collaborative Fund Advisors is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 327121."
    },
    {
      "q": "How much does Collaborative Fund Advisors manage?",
      "a": "Collaborative Fund Advisors reports $144,836,775 in regulatory assets under management in its Form ADV filing dated February 13, 2026 (100% discretionary)."
    },
    {
      "q": "How have Collaborative Fund Advisors' assets and staff changed since 2023?",
      "a": "In the Form ADV data for Collaborative Fund Advisors: Regulatory assets under management: $0 in the October 2023 data and $144,836,775 in the October 2026 data. Total employees: 6 in October 2023 and 11 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Collaborative Fund Advisors serve?",
      "a": "By number of clients on Form ADV Item 5.D: investment companies (3)."
    },
    {
      "q": "Does Collaborative Fund Advisors 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/327121"
    },
    {
      "q": "What changed in Collaborative Fund Advisors' recent Form ADV filings?",
      "a": "In the March 2026 filing data: Regulatory assets under management went from $38,952,778 to $144,836,775 (+272%). Added an office in High Point, NC. Registered or notice-filed in NC. Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 0.0,
      "total_employees": 6,
      "filing_date": "2023-08-28"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 0.0,
      "total_employees": 7,
      "filing_date": "2024-05-15"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 38952778.0,
      "total_employees": 9,
      "filing_date": "2025-03-30"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 144836775.0,
      "total_employees": 11,
      "filing_date": "2026-02-13"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Regulatory assets under management went from $38,952,778 to $144,836,775 (+272%).",
        "Added an office in High Point, NC.",
        "Registered or notice-filed in NC.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "Added the business name Shalva Asset Management.",
        "Added the business name Nelson Funds.",
        "Added an office in Greenwich, CT.",
        "Added an office in Northfield, IL.",
        "Registered or notice-filed in CT, IL."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/collaborative-fund-advisors-reno-nv-327121.md",
  "clients": [
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 3,
      "fewer_than_5": false,
      "raum": 144836775.0
    }
  ],
  "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/327121",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}