# Delegate Advisors, LLC

> Delegate Advisors, LLC is an SEC-registered investment advisory firm in Chapel Hill, NC, registered since 2012, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 25, 2026.

- CRD: 159953
- Filed as: DELEGATE ADVISORS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Chapel Hill, NC
- Filing period: October 2026
- Form ADV filing dated: March 25, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/159953
- AdvisorCensus page: https://advisorcensus.com/firm/delegate-advisors-llc-chapel-hill-nc-159953

## Quick answers

**How is Delegate Advisors, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Delegate Advisors, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).

**Where is Delegate Advisors, LLC located?**
Delegate Advisors, LLC's principal office is in Chapel Hill, NC, according to its Form ADV.

**Is Delegate Advisors, LLC registered with the SEC or a state?**
Delegate Advisors, LLC is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 159953.

**How much does Delegate Advisors, LLC manage?**
Delegate Advisors, LLC reports $1,713,891,105 in regulatory assets under management in its Form ADV filing dated March 25, 2026 (43% discretionary).

**How have Delegate Advisors, LLC's assets and staff changed since 2021?**
In the Form ADV data for Delegate Advisors, LLC: Regulatory assets under management: $882,973,690 in the October 2021 data and $1,713,891,105 in the October 2026 data, up 94%. Total employees: 11 in October 2021 and 13 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Delegate Advisors, LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (42); insurance companies (6); corporations or other businesses not listed above (2).

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

**Does Delegate Advisors, 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/159953

**What changed in Delegate Advisors, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 12 to 13. Regulatory assets under management went from $1,462,660,920 to $1,713,891,105 (+17%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Custodians (Schedule D, Section 5.K(3))
- National Financial Services 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: $1,713,891,105
- Discretionary: $742,277,514
- Non-discretionary: $971,613,591

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| High net worth individuals | 42 | $1,406,608,442 |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $1,504,881 |
| Insurance companies | 6 | $129,611,528 |
| Corporations or other businesses not listed above | 2 | $176,166,254 |

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

### Firm details
- Registered since: 2012 (14 years)
- Employees: 13 total, 13 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, NC, SC, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- delegateadvisors.com
- LinkedIn @DELEGATE-ADVISORS

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $882,973,690 | 11 | March 31, 2021 |
| October 2022 | $946,705,228 | 11 | March 28, 2022 |
| October 2023 | $902,440,106 | 12 | September 8, 2023 |
| October 2024 | $1,032,235,244 | 13 | March 29, 2024 |
| October 2025 | $1,462,660,920 | 13 | March 25, 2025 |
| October 2026 | $1,713,891,105 | 13 | March 25, 2026 |

Regulatory assets under management: $882,973,690 in the October 2021 data and $1,713,891,105 in the October 2026 data, up 94%.
Total employees: 11 in October 2021 and 13 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 12 to 13.
- Regulatory assets under management went from $1,462,660,920 to $1,713,891,105 (+17%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Delegate Advisors, LLC (CRD 159953): Form ADV filing data as of October 2026.