# Collaborative Fund Advisors

> 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.

- CRD: 327121
- Filed as: COLLABORATIVE FUND ADVISORS
- Legal name: Collaborative Fund Advisors, LLC
- Also doing business as: ANYDRUS CAPITAL, NELSON FUNDS, SHALVA ASSET MANAGEMENT
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Reno, NV
- Filing period: October 2026
- Form ADV filing dated: February 13, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/327121
- AdvisorCensus page: https://advisorcensus.com/firm/collaborative-fund-advisors-reno-nv-327121

## Quick answers

**How is Collaborative Fund Advisors compensated?**
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.

**Where is Collaborative Fund Advisors located?**
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).

**Is Collaborative Fund Advisors registered with the SEC or a state?**
Collaborative Fund Advisors is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 327121.

**How much does Collaborative Fund Advisors manage?**
Collaborative Fund Advisors reports $144,836,775 in regulatory assets under management in its Form ADV filing dated February 13, 2026 (100% discretionary).

**How have Collaborative Fund Advisors' assets and staff changed since 2023?**
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.

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

**Does Collaborative Fund Advisors 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/327121

**What changed in Collaborative Fund Advisors' recent Form ADV filings?**
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).

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $144,836,775
- Discretionary: $144,836,775
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Investment companies | 3 | $144,836,775 |

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

### Firm details
- Registered since: 2023 (3 years)
- Employees: 11 total, 7 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CT, IL, NC, NV, WI
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the March 2026 filing
- Greenwich, CT
- High Point, NC
- Janesville, WI
- Northfield, IL

### Websites listed on Form ADV (Item 1.I)
- anydrusfunds.com
- nelsonselectetf.com
- plgrowthincome.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2023 | $0 | 6 | August 28, 2023 |
| October 2024 | $0 | 7 | May 15, 2024 |
| October 2025 | $38,952,778 | 9 | March 30, 2025 |
| October 2026 | $144,836,775 | 11 | February 13, 2026 |

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.

## Changes in the filing (last 12 months)

### March 2026
- 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).

### January 2026
- 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.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Collaborative Fund Advisors (CRD 327121): Form ADV filing data as of October 2026.