{
  "crd_number": 153615,
  "slug": "entrepreneurshares-llc-boston-ma-153615",
  "primary_business_name": "ENTREPRENEURSHARES LLC",
  "legal_name": "ENTREPRENEURSHARES LLC",
  "dbas": [
    "ENTREPRENEURSHARES"
  ],
  "city": "Boston",
  "state": "MA",
  "country": "United States",
  "cbsa_code": "14460",
  "metro": {
    "cbsa_code": "14460",
    "common_name": "Boston",
    "msa_name": "Boston-Cambridge-Newton, MA-NH",
    "path": "/advisors/ma/boston"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2010-07-14",
  "years_registered": 16,
  "period": "2026-10-01",
  "filing_date": "2026-03-31",
  "carried_forward": false,
  "raum_total": 50357062.0,
  "raum_discretionary": 50357062.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "25m_100m",
  "raum_band_label": "$25 million to $100 million",
  "total_employees": 5,
  "advisory_employees": 4,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "individuals": {
      "raum": 111037.0,
      "count": null,
      "fewer_than_5": true
    },
    "investment_companies": {
      "raum": 46294391.0,
      "count": 1
    },
    "high_net_worth_individuals": {
      "raum": 3951634.0,
      "count": null,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "other",
    "portfolio_management_investment_companies"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "MA"
  ],
  "websites": [
    "https://ershares.com",
    "https://facebook.com/ershares",
    "https://instagram.com/entrepreneurshares",
    "https://instagram.com/eva_ados?hl=en",
    "https://linkedin.com/company/entrepreneurshares-llc",
    "https://tiktok.com/@ershares",
    "https://tiktok.com/@eva_ados",
    "https://twitter.com/ershares",
    "https://x.com/ershares?lang=en",
    "https://x.com/eva_ados?lang=en",
    "https://x.com/joel_shulman?lang=en",
    "https://youtube.com/channel/UC9kzPogaCli8ZuWdXMArPRg"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/153615",
  "city_as_filed": "BOSTON",
  "url": "https://advisorcensus.com/firm/entrepreneurshares-llc-boston-ma-153615",
  "display_name": "Entrepreneurshares LLC",
  "summary": "Entrepreneurshares LLC is an SEC-registered investment advisory firm in Boston, MA, registered since 2010, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated March 31, 2026.",
  "citation": "AdvisorCensus. Entrepreneurshares LLC (CRD 153615): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Portfolio management for investment companies (and business development companies)",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Entrepreneurshares LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Entrepreneurshares LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees). The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Entrepreneurshares LLC located?",
      "a": "Entrepreneurshares LLC's principal office is in Boston, MA, according to its Form ADV."
    },
    {
      "q": "Is Entrepreneurshares LLC registered with the SEC or a state?",
      "a": "Entrepreneurshares LLC is an SEC-registered investment advisory firm, registered since 2010. Status as filed: Approved. CRD 153615."
    },
    {
      "q": "How much does Entrepreneurshares LLC manage?",
      "a": "Entrepreneurshares LLC reports $50,357,062 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary)."
    },
    {
      "q": "How have Entrepreneurshares LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Entrepreneurshares LLC: Regulatory assets under management: $68,514,553 in the October 2021 data and $50,357,062 in the October 2026 data, down 27%. Total employees: 9 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Entrepreneurshares LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: investment companies (1)."
    },
    {
      "q": "Does Entrepreneurshares 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/153615"
    },
    {
      "q": "What changed in Entrepreneurshares LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $45,235,586 to $50,357,062 (+11%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 68514553.0,
      "total_employees": 9,
      "filing_date": "2021-03-31"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 101151305.0,
      "total_employees": 7,
      "filing_date": "2022-06-30"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 43006202.0,
      "total_employees": 6,
      "filing_date": "2023-03-31"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 53171598.0,
      "total_employees": 6,
      "filing_date": "2024-03-27"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 45235586.0,
      "total_employees": 5,
      "filing_date": "2025-03-31"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 50357062.0,
      "total_employees": 5,
      "filing_date": "2026-03-31"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $45,235,586 to $50,357,062 (+11%)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/entrepreneurshares-llc-boston-ma-153615.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": null,
      "fewer_than_5": true,
      "raum": 111037.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": null,
      "fewer_than_5": true,
      "raum": 3951634.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 1,
      "fewer_than_5": false,
      "raum": 46294391.0
    }
  ],
  "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/153615",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}