# Drystone LLC

> 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.

- CRD: 146951
- Filed as: DRYSTONE LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Ivy, VA
- Filing period: October 2026
- Form ADV filing dated: April 29, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/146951
- AdvisorCensus page: https://advisorcensus.com/firm/drystone-llc-ivy-va-146951

## Quick answers

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

**Where is Drystone LLC located?**
Drystone LLC's principal office is in Ivy, VA, according to its Form ADV.

**Is Drystone LLC registered with the SEC or a state?**
Drystone LLC is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 146951.

**How much does Drystone LLC manage?**
Drystone LLC reports $151,190,352 in regulatory assets under management in its Form ADV filing dated April 29, 2026 (100% discretionary).

**How have Drystone LLC's assets and staff changed since 2021?**
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.

**What types of clients does Drystone LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (27).

**Which custodians does Drystone LLC use?**
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.

**Does Drystone 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/146951

**Does Drystone LLC state an account minimum?**
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."

**What changed in Drystone LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $136,090,447 to $151,190,352 (+11%).

## 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 3, 2026)

- Account minimum: None

> 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.

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.

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: $151,190,352
- Discretionary: $151,190,352
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| High net worth individuals | 27 | $151,190,352 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Other

### Firm details
- Registered since: 2021 (5 years)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NY, TX, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $117,372,720 | 2 | May 7, 2021 |
| October 2022 | $130,184,091 | 2 | March 24, 2022 |
| October 2023 | $110,016,665 | 2 | July 16, 2023 |
| October 2024 | $124,439,008 | 2 | March 11, 2024 |
| October 2025 | $136,090,447 | 1 | March 12, 2025 |
| October 2026 | $151,190,352 | 1 | April 29, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $136,090,447 to $151,190,352 (+11%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Drystone LLC (CRD 146951): Form ADV filing data as of October 2026.