{
  "crd_number": 141323,
  "slug": "compass-investments-llc-pittsburgh-pa-141323",
  "primary_business_name": "COMPASS INVESTMENTS LLC",
  "legal_name": "COMPASS INVESTMENTS LLC",
  "dbas": [],
  "city": "Pittsburgh",
  "state": "PA",
  "country": "United States",
  "cbsa_code": "38300",
  "metro": {
    "cbsa_code": "38300",
    "common_name": "Pittsburgh",
    "msa_name": "Pittsburgh, PA",
    "path": "/advisors/pa/pittsburgh"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2006-08-31",
  "years_registered": 20,
  "period": "2026-10-01",
  "filing_date": "2026-03-20",
  "carried_forward": false,
  "raum_total": 93158481.0,
  "raum_discretionary": 93158481.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "25m_100m",
  "raum_band_label": "$25 million to $100 million",
  "total_employees": 5,
  "advisory_employees": 4,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 257667.0,
      "count": null,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 38103019.0,
      "count": 150
    },
    "high_net_worth_individuals": {
      "raum": 54609737.0,
      "count": 26
    },
    "corporations_other_businesses": {
      "raum": 188058.0,
      "count": null,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "FL",
    "ID",
    "MA",
    "MD",
    "NC",
    "NE",
    "NH",
    "NY",
    "OH",
    "OR",
    "PA",
    "RI",
    "TX",
    "VA"
  ],
  "websites": [
    "https://compassinvestmentsllc.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/141323",
  "city_as_filed": "PITTSBURGH",
  "url": "https://advisorcensus.com/firm/compass-investments-llc-pittsburgh-pa-141323",
  "display_name": "Compass Investments LLC",
  "summary": "Compass Investments LLC is an SEC-registered investment advisory firm in Pittsburgh, PA, registered since 2006, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated March 20, 2026.",
  "citation": "AdvisorCensus. Compass Investments LLC (CRD 141323): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Compass Investments LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Compass Investments LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges."
    },
    {
      "q": "How much does Compass Investments LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated March 20, 2026 states: Asset-based fee: 0.5% to 1.35% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Compass Investments LLC located?",
      "a": "Compass Investments LLC's principal office is in Pittsburgh, PA, according to its Form ADV."
    },
    {
      "q": "Is Compass Investments LLC registered with the SEC or a state?",
      "a": "Compass Investments LLC is an SEC-registered investment advisory firm, registered since 2006. Status as filed: Approved. CRD 141323."
    },
    {
      "q": "How much does Compass Investments LLC manage?",
      "a": "Compass Investments LLC reports $93,158,481 in regulatory assets under management in its Form ADV filing dated March 20, 2026 (100% discretionary)."
    },
    {
      "q": "How have Compass Investments LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Compass Investments LLC: Regulatory assets under management: $162,685,502 in the October 2021 data and $93,158,481 in the October 2026 data, down 43%. Total employees: 6 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Compass Investments LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (150); high net worth individuals (26)."
    },
    {
      "q": "Which custodians does Compass Investments LLC use?",
      "a": "Compass Investments LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Compass Investments LLC 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/141323"
    },
    {
      "q": "Does Compass Investments LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 20, 2026 says: \"Compass’ investment minimum is $50,000 and may be waived at the discretion of the advisor.\""
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 162685502.0,
      "total_employees": 6,
      "filing_date": "2021-05-24"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 83808904.0,
      "total_employees": 5,
      "filing_date": "2022-05-09"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 74891430.0,
      "total_employees": 5,
      "filing_date": "2023-09-20"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 76417043.0,
      "total_employees": 5,
      "filing_date": "2024-03-29"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 85299430.0,
      "total_employees": 5,
      "filing_date": "2025-03-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 93158481.0,
      "total_employees": 5,
      "filing_date": "2026-03-20"
    }
  ],
  "recent_changes": [],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 20, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": "0.5% to 1.35% a year",
    "stated_maximum": null,
    "account_minimum": "$50,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 0.5% to 1.35% a year (a range, as the brochure states it)"
        ],
        "quotes": [
          "Generally, annual asset management fees range between 0.50% and 1.35 %   Fees are negotiable, and may be higher or lower than this range, based on the nature of the account."
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $50,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "Compass’ investment minimum is $50,000 and may be waived at the discretion of the advisor."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": [
        0.5,
        1.35
      ],
      "max_pct": null,
      "account_minimum": 50000.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "Generally, annual asset management fees range between 0.50% and 1.35 %   Fees are negotiable, and may be higher or lower than this range, based on the nature of the account.",
      "Compass’ investment minimum is $50,000 and may be waived at the discretion of the advisor."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/compass-investments-llc-pittsburgh-pa-141323.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 150,
      "fewer_than_5": false,
      "raum": 38103019.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 26,
      "fewer_than_5": false,
      "raum": 54609737.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": true,
      "raum": 257667.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": null,
      "fewer_than_5": true,
      "raum": 188058.0
    }
  ],
  "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/141323",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}