# EFS Asset Management LLC

> EFS Asset Management LLC is a state-registered investment advisory firm in Dallas, TX, registered since 2026, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated August 4, 2026.

- CRD: 106184
- Filed as: EFS ASSET MANAGEMENT LLC
- Registration: State-registered investment adviser (status as filed: APPROVED)
- Location: Dallas, TX
- Filing period: October 2026
- Form ADV filing dated: August 4, 2026
- Public record (IAPD): https://adviserinfo.sec.gov/firm/summary/106184
- AdvisorCensus page: https://advisorcensus.com/firm/efs-asset-management-llc-dallas-tx-106184

## Quick answers

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

**Where is EFS Asset Management LLC located?**
EFS Asset Management LLC's principal office is in Dallas, TX, according to its Form ADV.

**Is EFS Asset Management LLC registered with the SEC or a state?**
EFS Asset Management LLC is a state-registered investment advisory firm, registered since 2026. Status as filed: APPROVED. CRD 106184.

**How much does EFS Asset Management LLC manage?**
EFS Asset Management LLC reports $70,001,256 in regulatory assets under management in its Form ADV filing dated August 4, 2026 (100% discretionary).

**How have EFS Asset Management LLC's assets and staff changed since 2021?**
In the Form ADV data for EFS Asset Management LLC: Regulatory assets under management: $249,553,860 in the October 2021 data and $70,001,256 in the October 2026 data, down 72%. Total employees: 5 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 EFS Asset Management LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (32).

**Does EFS Asset Management LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/106184

**Does EFS Asset Management LLC state an account minimum?**
Its Form ADV Part 2A brochure dated August 4, 2026 says: "The Firm customarily requires a minimum account size of $500,000 but may accept smaller accounts at its discretion."

**What changed in EFS Asset Management LLC's recent Form ADV filings?**
In the October 2026 filing data: Moved from SEC registration to state registration.

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated August 4, 2026)

- Account minimum: $500,000 (the brochure says it may be waived or negotiated)

> The Firm customarily requires a minimum account size of $500,000 but may accept smaller accounts at its discretion.

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

### Regulatory assets under management (Item 5.F)
- Total: $70,001,256
- Discretionary: $70,001,256
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 32 | $70,001,256 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

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

### Firm details
- Registered since: 2026 (0 years)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: TX
- 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 | $249,553,860 | 5 | June 29, 2021 |
| October 2022 | $249,185,545 | 5 | March 31, 2022 |
| October 2023 | $179,746,328 | 5 | March 8, 2023 |
| October 2024 | $69,707,288 | 3 | March 25, 2024 |
| October 2025 | $60,018,287 | 1 | March 12, 2025 |
| October 2026 | $70,001,256 | 1 | August 4, 2026 |

Regulatory assets under management: $249,553,860 in the October 2021 data and $70,001,256 in the October 2026 data, down 72%.
Total employees: 5 in October 2021 and 1 in October 2026.

## Changes in the filing (last 12 months)

### October 2026
- Moved from SEC registration to state registration.

### April 2026
- Regulatory assets under management went from $60,018,287 to $70,001,256 (+17%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. EFS Asset Management LLC (CRD 106184): Form ADV filing data as of October 2026.