{ "crd_number": 294410, "slug": "defiance-etfs-llc-miami-fl-294410", "primary_business_name": "DEFIANCE ETFS, LLC", "legal_name": "DEFIANCE ETFS, LLC", "dbas": [ "DEFIANCE INVESTMENTS" ], "city": "Miami", "state": "FL", "country": "United States", "cbsa_code": "33100", "metro": { "cbsa_code": "33100", "common_name": "Miami", "msa_name": "Miami-Fort Lauderdale-West Palm Beach, FL", "path": "/advisors/fl/miami" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2018-05-30", "years_registered": 8, "period": "2026-10-01", "filing_date": "2026-07-06", "carried_forward": false, "raum_total": 3863075392.0, "raum_discretionary": 3863075392.0, "raum_non_discretionary": 0.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 7, "advisory_employees": 2, "client_count_bucket": null, "clients_by_type": { "investment_companies": { "raum": 3863075392.0, "count": 4 } }, "compensation_types": [ "percentage_of_aum" ], "advisory_activities": [ "portfolio_management_investment_companies" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "FL" ], "websites": [ "https://defianceetfs.com", "https://facebook.com/defianceinvest", "https://instagram.com/defianceinvest", "https://linkedin.com/company/defiance-etfs", "https://x.com/defianceinvest?lang=en", "https://x.com/retailkingsetf?s=21&t=pmUt8JgH-qVQtvphkHFt6g" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/294410", "city_as_filed": "MIAMI", "url": "https://advisorcensus.com/firm/defiance-etfs-llc-miami-fl-294410", "display_name": "Defiance ETFS, LLC", "summary": "Defiance ETFS, LLC is an SEC-registered investment advisory firm in Miami, FL, registered since 2018, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated July 6, 2026.", "citation": "AdvisorCensus. Defiance ETFS, LLC (CRD 294410): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management" ], "advisory_activity_labels": [ "Portfolio management for investment companies (and business development companies)" ], "quick_answers": [ { "q": "How is Defiance ETFS, LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Defiance ETFS, LLC reports these compensation arrangements: a percentage of assets under its management." }, { "q": "Where is Defiance ETFS, LLC located?", "a": "Defiance ETFS, LLC's principal office is in Miami, FL, according to its Form ADV." }, { "q": "Is Defiance ETFS, LLC registered with the SEC or a state?", "a": "Defiance ETFS, LLC is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 294410." }, { "q": "How much does Defiance ETFS, LLC manage?", "a": "Defiance ETFS, LLC reports $3,863,075,392 in regulatory assets under management in its Form ADV filing dated July 6, 2026 (100% discretionary)." }, { "q": "How have Defiance ETFS, LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for Defiance ETFS, LLC: Regulatory assets under management: $1,300,000,000 in the October 2021 data and $3,863,075,392 in the October 2026 data, up 197%. Total employees: 7 in October 2021 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Defiance ETFS, LLC serve?", "a": "By number of clients on Form ADV Item 5.D: investment companies (4)." }, { "q": "Does Defiance ETFS, 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/294410" }, { "q": "What changed in Defiance ETFS, LLC's recent Form ADV filings?", "a": "In the August 2026 filing data: Updated its list of owners and control persons (Schedule A)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 1300000000.0, "total_employees": 7, "filing_date": "2021-03-30" }, { "period": "2022-10-01", "regulatory_assets_under_management": 1500000000.0, "total_employees": 12, "filing_date": "2022-07-07" }, { "period": "2023-10-01", "regulatory_assets_under_management": 882000000.0, "total_employees": 4, "filing_date": "2023-08-09" }, { "period": "2024-10-01", "regulatory_assets_under_management": 850000000.0, "total_employees": 4, "filing_date": "2024-03-21" }, { "period": "2025-10-01", "regulatory_assets_under_management": 1443505253.0, "total_employees": 5, "filing_date": "2025-05-13" }, { "period": "2026-10-01", "regulatory_assets_under_management": 3863075392.0, "total_employees": 7, "filing_date": "2026-07-06" } ], "recent_changes": [ { "period": "2026-08-01", "period_label": "August 2026", "notes": [ "Updated its list of owners and control persons (Schedule A)." ] }, { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Regulatory assets under management went from $3,148,188,057 to $3,863,075,392 (+23%).", "Updated its list of owners and control persons (Schedule A)." ] }, { "period": "2025-12-01", "period_label": "December 2025", "notes": [ "Regulatory assets under management went from $1,443,505,253 to $3,148,188,057 (+118%).", "Updated its list of owners and control persons (Schedule A)." ] }, { "period": "2025-11-01", "period_label": "November 2025", "notes": [ "Updated its list of owners and control persons (Schedule A)." ] } ], "fees_from_brochure": null, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/defiance-etfs-llc-miami-fl-294410.md", "clients": [ { "type": "investment_companies", "label": "Investment companies", "count": 4, "fewer_than_5": false, "raum": 3863075392.0 } ], "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/294410", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }