# Devenir Investment Advisors, LLC

> 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.

- CRD: 132824
- Filed as: DEVENIR INVESTMENT ADVISORS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Bloomington, MN
- Filing period: October 2026
- Form ADV filing dated: March 25, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/132824
- AdvisorCensus page: https://advisorcensus.com/firm/devenir-investment-advisors-llc-bloomington-mn-132824

## Quick answers

**How is Devenir Investment Advisors, LLC compensated?**
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.

**Where is Devenir Investment Advisors, LLC located?**
Devenir Investment Advisors, LLC's principal office is in Bloomington, MN, according to its Form ADV.

**Is Devenir Investment Advisors, LLC registered with the SEC or a state?**
Devenir Investment Advisors, LLC is an SEC-registered investment advisory firm, registered since 2008. Status as filed: Approved. CRD 132824.

**How much does Devenir Investment Advisors, LLC manage?**
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).

**How have Devenir Investment Advisors, LLC's assets and staff changed since 2021?**
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.

**What types of clients does Devenir Investment Advisors, LLC serve?**
By number of clients on Form ADV Item 5.D: banking or thrift institutions (40); insurance companies (4).

**Does Devenir Investment 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/132824

**What changed in Devenir Investment Advisors, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 5 to 3.

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $12,992,592,090
- Discretionary: $0
- Non-discretionary: $12,992,592,090

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Banking or thrift institutions | 40 | $12,797,592,090 |
| Insurance companies | 4 | $195,000,000 |

### Advisory services (Item 5.G)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2008 (18 years)
- Employees: 11 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CO, MN, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- devenir.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $7,800,000,000 | 10 | March 30, 2021 |
| October 2022 | $10,800,000,000 | 10 | March 29, 2022 |
| October 2023 | $9,601,696,732 | 11 | March 31, 2023 |
| October 2024 | $10,917,245,449 | 11 | March 30, 2024 |
| October 2025 | $12,039,939,835 | 11 | March 28, 2025 |
| October 2026 | $12,992,592,090 | 11 | March 25, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 5 to 3.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Devenir Investment Advisors, LLC (CRD 132824): Form ADV filing data as of October 2026.