{
  "crd_number": 150278,
  "slug": "devil-mountain-investment-management-150278",
  "primary_business_name": "DEVIL MOUNTAIN INVESTMENT MANAGEMENT",
  "legal_name": "DEVIL MOUNTAIN INVESTMENT MANAGEMENT",
  "dbas": [],
  "city": null,
  "state": null,
  "country": null,
  "cbsa_code": null,
  "metro": null,
  "registration_type": "state",
  "registration_status": "APPROVED",
  "registration_date": "2009-09-09",
  "years_registered": 17,
  "period": "2026-10-01",
  "filing_date": "2026-08-07",
  "carried_forward": false,
  "raum_total": 42559770.0,
  "raum_discretionary": 0.0,
  "raum_non_discretionary": 42559770.0,
  "raum_band": "25m_100m",
  "raum_band_label": "$25 million to $100 million",
  "total_employees": 1,
  "advisory_employees": 1,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 757804.0,
      "count": 36
    },
    "high_net_worth_individuals": {
      "raum": 41801966.0,
      "count": 18
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 1,
  "states_registered": [
    "CA",
    "LA",
    "TX"
  ],
  "websites": [
    "https://devilmtn.com",
    "https://facebook.com/devilmtn",
    "https://linkedin.com/company/devil-mountain-investment-management",
    "https://linkedin.com/in/chris-hannan-b7538b9/recent-activity/articles",
    "https://twitter.com/DevilMountainIM"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/150278",
  "disclosure_items": [
    {
      "item": "11.E(4)",
      "question": "Has a self-regulatory organization or a commodities exchange ever disciplined the firm or an advisory affiliate by expelling or suspending it from membership, barring or suspending it from association with other members, or otherwise restricting its activities?"
    }
  ],
  "city_as_filed": null,
  "url": "https://advisorcensus.com/firm/devil-mountain-investment-management-150278",
  "display_name": "Devil Mountain Investment Management",
  "summary": "Devil Mountain Investment Management is a state-registered investment advisory firm, registered since 2009, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated August 7, 2026.",
  "citation": "AdvisorCensus. Devil Mountain Investment Management (CRD 150278): Form ADV filing data as of October 2026.",
  "registration_type_label": "State-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Devil Mountain Investment Management compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Devil Mountain Investment Management reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Is Devil Mountain Investment Management registered with the SEC or a state?",
      "a": "Devil Mountain Investment Management is a state-registered investment advisory firm, registered since 2009. Status as filed: APPROVED. CRD 150278."
    },
    {
      "q": "How much does Devil Mountain Investment Management manage?",
      "a": "Devil Mountain Investment Management reports $42,559,770 in regulatory assets under management in its Form ADV filing dated August 7, 2026 (0% discretionary)."
    },
    {
      "q": "What types of clients does Devil Mountain Investment Management serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (36); high net worth individuals (18)."
    },
    {
      "q": "Does Devil Mountain Investment Management report any disciplinary disclosures?",
      "a": "Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.E(4) (self-regulatory organization's expulsion, suspension, bar, or restriction). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/150278"
    }
  ],
  "filing_history": [],
  "recent_changes": [],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/devil-mountain-investment-management-150278.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 36,
      "fewer_than_5": false,
      "raum": 757804.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 18,
      "fewer_than_5": false,
      "raum": 41801966.0
    }
  ],
  "disclosure_line": "Reports 1 disclosure item on Form ADV Item 11.",
  "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/150278",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}