{
  "crd_number": 146951,
  "slug": "drystone-llc-ivy-va-146951",
  "primary_business_name": "DRYSTONE LLC",
  "legal_name": "DRYSTONE LLC",
  "dbas": [],
  "city": "Ivy",
  "state": "VA",
  "country": "United States",
  "cbsa_code": "16820",
  "metro": {
    "cbsa_code": "16820",
    "common_name": "Charlottesville",
    "msa_name": "Charlottesville, VA",
    "path": "/advisors/va/charlottesville"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2021-06-07",
  "years_registered": 5,
  "period": "2026-10-01",
  "filing_date": "2026-04-29",
  "carried_forward": false,
  "raum_total": 151190352.0,
  "raum_discretionary": 151190352.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 1,
  "advisory_employees": 1,
  "client_count_bucket": null,
  "clients_by_type": {
    "high_net_worth_individuals": {
      "raum": 151190352.0,
      "count": 27
    }
  },
  "compensation_types": [
    "other",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "other",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "NY",
    "TX",
    "VA"
  ],
  "websites": [],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/146951",
  "city_as_filed": "IVY",
  "url": "https://advisorcensus.com/firm/drystone-llc-ivy-va-146951",
  "display_name": "Drystone LLC",
  "summary": "Drystone LLC is an SEC-registered investment advisory firm in Ivy, VA, registered since 2021, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated April 29, 2026.",
  "citation": "AdvisorCensus. Drystone LLC (CRD 146951): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Other"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Drystone LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Drystone LLC reports these compensation arrangements: a percentage of assets under its management; other."
    },
    {
      "q": "Where is Drystone LLC located?",
      "a": "Drystone LLC's principal office is in Ivy, VA, according to its Form ADV."
    },
    {
      "q": "Is Drystone LLC registered with the SEC or a state?",
      "a": "Drystone LLC is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 146951."
    },
    {
      "q": "How much does Drystone LLC manage?",
      "a": "Drystone LLC reports $151,190,352 in regulatory assets under management in its Form ADV filing dated April 29, 2026 (100% discretionary)."
    },
    {
      "q": "How have Drystone LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Drystone LLC: Regulatory assets under management: $117,372,720 in the October 2021 data and $151,190,352 in the October 2026 data, up 29%. Total employees: 2 in October 2021 and 1 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Drystone LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (27)."
    },
    {
      "q": "Which custodians does Drystone LLC use?",
      "a": "Drystone LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co. Inc. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Drystone 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/146951"
    },
    {
      "q": "Does Drystone LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 3, 2026 says: \"Drystone does not require a minimum portfolio size to open or maintain a portfolio, and Drystone has specific procedures in its Compliance Policy/Code of Ethics to ensure that smaller client portfolios receive fair and equitable treatment consistent with the treatment which larger portfolios receive.\""
    },
    {
      "q": "What changed in Drystone LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $136,090,447 to $151,190,352 (+11%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 117372720.0,
      "total_employees": 2,
      "filing_date": "2021-05-07"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 130184091.0,
      "total_employees": 2,
      "filing_date": "2022-03-24"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 110016665.0,
      "total_employees": 2,
      "filing_date": "2023-07-16"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 124439008.0,
      "total_employees": 2,
      "filing_date": "2024-03-11"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 136090447.0,
      "total_employees": 1,
      "filing_date": "2025-03-12"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 151190352.0,
      "total_employees": 1,
      "filing_date": "2026-04-29"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $136,090,447 to $151,190,352 (+11%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 3, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "Drystone does not require a minimum portfolio size to open or maintain a portfolio, and Drystone has specific procedures in its Compliance Policy/Code of Ethics to ensure that smaller client portfolios receive fair and equitable treatment consistent with the treatment which larger portfolios receive."
        ]
      }
    ],
    "quotes": [
      "Drystone does not require a minimum portfolio size to open or maintain a portfolio, and Drystone has specific procedures in its Compliance Policy/Code of Ethics to ensure that smaller client portfolios receive fair and equitable treatment consistent with the treatment which larger portfolios receive."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co. Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO. INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/drystone-llc-ivy-va-146951.md",
  "clients": [
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 27,
      "fewer_than_5": false,
      "raum": 151190352.0
    }
  ],
  "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/146951",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}