{
  "crd_number": 132824,
  "slug": "devenir-investment-advisors-llc-bloomington-mn-132824",
  "primary_business_name": "DEVENIR INVESTMENT ADVISORS, LLC",
  "legal_name": "DEVENIR INVESTMENT ADVISORS, LLC",
  "dbas": [],
  "city": "Bloomington",
  "state": "MN",
  "country": "United States",
  "cbsa_code": "33460",
  "metro": {
    "cbsa_code": "33460",
    "common_name": "Minneapolis",
    "msa_name": "Minneapolis-St. Paul-Bloomington, MN-WI",
    "path": "/advisors/mn/minneapolis"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2008-04-22",
  "years_registered": 18,
  "period": "2026-10-01",
  "filing_date": "2026-03-25",
  "carried_forward": false,
  "raum_total": 12992592090.0,
  "raum_discretionary": 0.0,
  "raum_non_discretionary": 12992592090.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 11,
  "advisory_employees": 3,
  "client_count_bucket": null,
  "clients_by_type": {
    "banking_thrift": {
      "raum": 12797592090.0,
      "count": 40
    },
    "insurance_companies": {
      "raum": 195000000.0,
      "count": 4
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CO",
    "MN",
    "WA"
  ],
  "websites": [
    "https://devenir.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/132824",
  "city_as_filed": "BLOOMINGTON",
  "url": "https://advisorcensus.com/firm/devenir-investment-advisors-llc-bloomington-mn-132824",
  "display_name": "Devenir Investment Advisors, LLC",
  "summary": "Devenir Investment Advisors, LLC is an SEC-registered investment advisory firm in Bloomington, MN, registered since 2008, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 25, 2026.",
  "citation": "AdvisorCensus. Devenir Investment Advisors, LLC (CRD 132824): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Devenir Investment Advisors, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Devenir Investment Advisors, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees). The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Devenir Investment Advisors, LLC located?",
      "a": "Devenir Investment Advisors, LLC's principal office is in Bloomington, MN, according to its Form ADV."
    },
    {
      "q": "Is Devenir Investment Advisors, LLC registered with the SEC or a state?",
      "a": "Devenir Investment Advisors, LLC is an SEC-registered investment advisory firm, registered since 2008. Status as filed: Approved. CRD 132824."
    },
    {
      "q": "How much does Devenir Investment Advisors, LLC manage?",
      "a": "Devenir Investment Advisors, LLC reports $12,992,592,090 in regulatory assets under management in its Form ADV filing dated March 25, 2026 (0% discretionary)."
    },
    {
      "q": "How have Devenir Investment Advisors, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Devenir Investment Advisors, LLC: Regulatory assets under management: $7,800,000,000 in the October 2021 data and $12,992,592,090 in the October 2026 data, up 67%. Total employees: 10 in October 2021 and 11 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Devenir Investment Advisors, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: banking or thrift institutions (40); insurance companies (4)."
    },
    {
      "q": "Does Devenir Investment Advisors, 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/132824"
    },
    {
      "q": "What changed in Devenir Investment Advisors, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 5 to 3."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 7800000000.0,
      "total_employees": 10,
      "filing_date": "2021-03-30"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 10800000000.0,
      "total_employees": 10,
      "filing_date": "2022-03-29"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 9601696732.0,
      "total_employees": 11,
      "filing_date": "2023-03-31"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 10917245449.0,
      "total_employees": 11,
      "filing_date": "2024-03-30"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 12039939835.0,
      "total_employees": 11,
      "filing_date": "2025-03-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 12992592090.0,
      "total_employees": 11,
      "filing_date": "2026-03-25"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 5 to 3."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/devenir-investment-advisors-llc-bloomington-mn-132824.md",
  "clients": [
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 40,
      "fewer_than_5": false,
      "raum": 12797592090.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 4,
      "fewer_than_5": false,
      "raum": 195000000.0
    }
  ],
  "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/132824",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}