# Comprehensive Financial Management LLC

> Comprehensive Financial Management LLC is an SEC-registered investment advisory firm in Los Gatos, CA, registered since 2012, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 159641
- Filed as: COMPREHENSIVE FINANCIAL MANAGEMENT LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Los Gatos, CA
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/159641
- AdvisorCensus page: https://advisorcensus.com/firm/comprehensive-financial-management-llc-los-gatos-ca-159641

## Quick answers

**How is Comprehensive Financial Management LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Comprehensive Financial Management LLC reports these compensation arrangements: hourly charges; fixed fees (other than subscription fees); performance-based fees.

**Where is Comprehensive Financial Management LLC located?**
Comprehensive Financial Management LLC's principal office is in Los Gatos, CA, according to its Form ADV.

**Is Comprehensive Financial Management LLC registered with the SEC or a state?**
Comprehensive Financial Management LLC is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 159641.

**How much does Comprehensive Financial Management LLC manage?**
Comprehensive Financial Management LLC reports $18,518,437,773 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have Comprehensive Financial Management LLC's assets and staff changed since 2021?**
In the Form ADV data for Comprehensive Financial Management LLC: Regulatory assets under management: $22,758,025,923 in the October 2021 data and $18,518,437,773 in the October 2026 data, down 19%. Total employees: 33 in October 2021 and 38 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Comprehensive Financial Management LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (13); charitable organizations (12); other (5).

**Which custodians does Comprehensive Financial Management LLC use?**
Comprehensive Financial Management LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists The Northern Trust Company as a custodian holding 10% or more of its separately managed account assets.

**Does Comprehensive Financial Management 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/159641

**What changed in Comprehensive Financial Management LLC's recent Form ADV filings?**
In the April 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- Hourly charges
- Fixed fees (other than subscription fees)
- Performance-based fees

### Custodians (Schedule D, Section 5.K(3))
- The Northern Trust Company

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.

### Regulatory assets under management (Item 5.F)
- Total: $18,518,437,773
- Discretionary: $18,518,437,773
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| High net worth individuals | 13 | $17,217,480,062 |
| Charitable organizations | 12 | $374,579,994 |
| Other | 5 | $926,377,717 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2012 (14 years)
- Employees: 38 total, 15 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $22,758,025,923 | 33 | March 31, 2021 |
| October 2022 | $22,754,551,937 | 33 | April 1, 2022 |
| October 2023 | $16,571,837,064 | 34 | March 27, 2023 |
| October 2024 | $16,674,688,257 | 36 | August 13, 2024 |
| October 2025 | $17,890,496,147 | 37 | April 18, 2025 |
| October 2026 | $18,518,437,773 | 38 | March 31, 2026 |

Regulatory assets under management: $22,758,025,923 in the October 2021 data and $18,518,437,773 in the October 2026 data, down 19%.
Total employees: 33 in October 2021 and 38 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Comprehensive Financial Management LLC (CRD 159641): Form ADV filing data as of October 2026.