AdvisorCensus / Financial advisors / Texas / Dallas / D2 Asset Management
D2 Asset Management
Filed as D2 ASSET MANAGEMENT · Legal name D2 Asset Management, LP
D2 Asset Management is an SEC-registered investment advisory firm in Dallas, TX, registered since 2024, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated May 1, 2026.
Quick answers
From the filingHow is D2 Asset Management compensated?
On its Form ADV (Item 5.E, October 2026), D2 Asset Management reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.
Where is D2 Asset Management located?
D2 Asset Management's principal office is in Dallas, TX, according to its Form ADV; the June 2026 filing also lists 1 other office (Schedule D, Section 1.F).
Is D2 Asset Management registered with the SEC or a state?
D2 Asset Management is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 331542.
How much does D2 Asset Management manage?
D2 Asset Management reports $1,825,931,886 in regulatory assets under management in its Form ADV filing dated May 1, 2026 (74% discretionary).
How have D2 Asset Management's assets and staff changed since 2024?
In the Form ADV data for D2 Asset Management: Regulatory assets under management: $1,005,708,378 in the October 2025 data and $1,825,931,886 in the October 2026 data, up 82%. Total employees: 2 in October 2024 and 34 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does D2 Asset Management serve?
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (4).
Does D2 Asset Management 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/331542
What changed in D2 Asset Management's recent Form ADV filings?
In the April 2026 filing data: Employees performing advisory functions went from 6 to 9. Regulatory assets under management went from $1,005,708,378 to $1,792,565,512 (+78%).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Performance-based fees
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2ASee the firm's brochure (dated May 1, 2026) for its fees and any account minimum, on the SEC's IAPD site.
Regulatory assets under management
Item 5.F$1,825,931,886 as of October 2026, filing dated May 1, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Portfolio management for pooled investment vehicles (other than investment companies)
Registration and firm details
Items 1, 2, 5- Legal name
- D2 Asset Management, LP
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2024 (2 years)
- Employees
- Total: 34. Performing investment advisory functions: 9.
- Wrap fee program participation
- No.
- Other offices (Schedule D, Section 1.F)
-
1 other office, as of the June 2026 filing
- States registered or notice-filed
-
1 state or jurisdiction
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $1,825,931,886 | 34 | May 1, 2026 |
| October 2025 | $1,005,708,378 | 7 | May 6, 2025 |
| October 2024 | Not reported | 2 | June 4, 2024 |
Regulatory assets under management: $1,005,708,378 in the October 2025 data and $1,825,931,886 in the October 2026 data, up 82%.
Total employees: 2 in October 2024 and 34 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- April 2026
- Employees performing advisory functions went from 6 to 9.
- Regulatory assets under management went from $1,005,708,378 to $1,792,565,512 (+78%).
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. D2 Asset Management (CRD 331542): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/d2-asset-management-dallas-tx-331542