# Cruden Bay Investment Management, LLC

> Cruden Bay Investment Management, LLC is an SEC-registered investment advisory firm in Westlake Village, CA, registered since 2016, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 23, 2026.

- CRD: 284787
- Filed as: CRUDEN BAY INVESTMENT MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Westlake Village, CA
- Filing period: October 2026
- Form ADV filing dated: March 23, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/284787
- AdvisorCensus page: https://advisorcensus.com/firm/cruden-bay-investment-management-llc-westlake-village-ca-284787

## Quick answers

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

**How much does Cruden Bay Investment Management, LLC charge?**
Its Form ADV Part 2A brochure dated March 23, 2026 states: Flat fee: up to $15,000 (financial planning services). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Cruden Bay Investment Management, LLC located?**
Cruden Bay Investment Management, LLC's principal office is in Westlake Village, CA, according to its Form ADV.

**Is Cruden Bay Investment Management, LLC registered with the SEC or a state?**
Cruden Bay Investment Management, LLC is an SEC-registered investment advisory firm, registered since 2016. Status as filed: Approved. CRD 284787.

**How much does Cruden Bay Investment Management, LLC manage?**
Cruden Bay Investment Management, LLC reports $663,058,299 in regulatory assets under management in its Form ADV filing dated March 23, 2026 (92% discretionary).

**How have Cruden Bay Investment Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for Cruden Bay Investment Management, LLC: Regulatory assets under management: $472,301,924 in the October 2021 data and $663,058,299 in the October 2026 data, up 40%. 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 Cruden Bay Investment Management, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (108); high net worth individuals (43).

**Which custodians does Cruden Bay Investment Management, LLC use?**
Cruden Bay Investment Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and LPL Financial LLC as custodians holding 10% or more of its separately managed account assets.

**Does Cruden Bay Investment 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/284787

**Does Cruden Bay Investment Management, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 23, 2026 says: "In general, we require a minimum of $5,000,000 to open and maintain an advisory account. At our discretion, we may waive this minimum account size."

**What changed in Cruden Bay Investment Management, LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $467,699,208 to $663,058,299 (+42%).

## 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 March 23, 2026)

- Account minimum: $5,000,000 (the brochure says it may be waived or negotiated)

> In general, we require a minimum of $5,000,000 to open and maintain an advisory account. At our discretion, we may waive this minimum account size.

- Flat fee: up to $15,000 (financial planning services)

> We charge a fixed fee for financial planning services, which ranges up to $15,000 depending upon the complexity and scope of the plan, your financial situation, and your objectives.

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

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- LPL Financial LLC

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: $663,058,299
- Discretionary: $609,897,676
- Non-discretionary: $53,160,623

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 108 | $19,342,842 |
| High net worth individuals | 43 | $546,175,988 |
| Charitable organizations | Fewer than 5 | $97,539,469 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Other

### Firm details
- Registered since: 2016 (10 years)
- Employees: 4 total, 4 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: CA, MI, NY, PA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [cbayinvestments.com](https://cbayinvestments.com)

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $472,301,924 | 4 | March 24, 2021 |
| October 2022 | $514,536,315 | 4 | March 23, 2022 |
| October 2023 | $440,739,762 | 4 | March 27, 2023 |
| October 2024 | $460,880,549 | 4 | March 23, 2024 |
| October 2025 | $467,699,208 | 4 | March 17, 2025 |
| October 2026 | $663,058,299 | 4 | March 23, 2026 |

Regulatory assets under management: $472,301,924 in the October 2021 data and $663,058,299 in the October 2026 data, up 40%.
Total employees: 4 in October 2021 and 4 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $467,699,208 to $663,058,299 (+42%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Cruden Bay Investment Management, LLC (CRD 284787): Form ADV filing data as of October 2026.