# Donoghue Forlines LLC

> Donoghue Forlines LLC is an SEC-registered investment advisory firm in Boston, MA, registered since 2016, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 27, 2026.

- CRD: 285403
- Filed as: DONOGHUE FORLINES LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Boston, MA
- Filing period: October 2026
- Form ADV filing dated: March 27, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/285403
- AdvisorCensus page: https://advisorcensus.com/firm/donoghue-forlines-llc-boston-ma-285403

## Quick answers

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

**What does Donoghue Forlines LLC's brochure say about its fees?**
Its Form ADV Part 2A brochure dated March 27, 2026 states: Asset-based fee: 1% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Donoghue Forlines LLC located?**
Donoghue Forlines LLC's principal office is in Boston, MA, according to its Form ADV.

**Is Donoghue Forlines LLC registered with the SEC or a state?**
Donoghue Forlines LLC is an SEC-registered investment advisory firm, registered since 2016. Status as filed: Approved. CRD 285403.

**How much does Donoghue Forlines LLC manage?**
Donoghue Forlines LLC reports $370,522,245 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary).

**How have Donoghue Forlines LLC's assets and staff changed since 2021?**
In the Form ADV data for Donoghue Forlines LLC: Regulatory assets under management: $569,253,130 in the October 2021 data and $370,522,245 in the October 2026 data, down 35%. Total employees: 15 in October 2021 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Donoghue Forlines LLC serve?**
By number of clients on Form ADV Item 5.D: investment companies (8); individuals (other than high net worth individuals) (5).

**Which custodians does Donoghue Forlines LLC use?**
Donoghue Forlines LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and National Financial Services LLC as custodians holding 10% or more of its separately managed account assets.

**Does Donoghue Forlines 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/285403

**What changed in Donoghue Forlines LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 4 to 3.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Other

### Fees and minimums (Form ADV Part 2A brochure dated March 27, 2026)

- Asset-based fee: 1% of assets a year

> Generally, the annual fee for accounts is 1.00% of assets under management. Fees are generally non-negotiable.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- 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: $370,522,245
- Discretionary: $370,522,245
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 5 | $999,915 |
| Investment companies | 8 | $367,470,284 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $1,515,498 |
| Corporations or other businesses not listed above | Fewer than 5 | $536,548 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies (and business development companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Market timing services
- Other

### Firm details
- Registered since: 2016 (9 years)
- Employees: 7 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- donoghueforlines.com
- donoghueforlinesetfs.com
- donoghueforlinesfunds.com
- Facebook @donoghueforlines-108329595367553
- LinkedIn @donoghueforlines
- X @DF_DonFor
- YouTube @Donoghueforlines

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $569,253,130 | 15 | June 23, 2021 |
| October 2022 | $656,077,664 | 12 | August 18, 2022 |
| October 2023 | $398,833,426 | 11 | August 21, 2023 |
| October 2024 | $376,099,956 | 8 | March 28, 2024 |
| October 2025 | $389,233,877 | 8 | May 2, 2025 |
| October 2026 | $370,522,245 | 7 | March 27, 2026 |

Regulatory assets under management: $569,253,130 in the October 2021 data and $370,522,245 in the October 2026 data, down 35%.
Total employees: 15 in October 2021 and 7 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 4 to 3.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Donoghue Forlines LLC (CRD 285403): Form ADV filing data as of October 2026.