# Erben Associates, LLC

> Erben Associates, LLC is an SEC-registered investment advisory firm in Austin, TX, registered since 2019, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 25, 2026.

- CRD: 148703
- Filed as: ERBEN ASSOCIATES, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Austin, TX
- Filing period: October 2026
- Form ADV filing dated: March 25, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/148703
- AdvisorCensus page: https://advisorcensus.com/firm/erben-associates-llc-austin-tx-148703

## Quick answers

**How is Erben Associates, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Erben Associates, LLC reports these compensation arrangements: fixed fees (other than subscription fees); other.

**How much does Erben Associates, LLC charge?**
Its Form ADV Part 2A brochure dated March 25, 2026 states: Flat fee: $10,000 to $100,000 a year (financial planning/consulting services). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Erben Associates, LLC located?**
Erben Associates, LLC's principal office is in Austin, TX, according to its Form ADV.

**Is Erben Associates, LLC registered with the SEC or a state?**
Erben Associates, LLC is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 148703.

**How much does Erben Associates, LLC manage?**
Erben Associates, LLC reports $402,467,372 in regulatory assets under management in its Form ADV filing dated March 25, 2026 (100% discretionary).

**How have Erben Associates, LLC's assets and staff changed since 2021?**
In the Form ADV data for Erben Associates, LLC: Regulatory assets under management: $185,000,000 in the October 2021 data and $402,467,372 in the October 2026 data, up 118%. Total employees: 10 in October 2021 and 10 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Erben Associates, LLC serve?**
By number of clients on Form ADV Item 5.D: corporations or other businesses not listed above (55); high net worth individuals (52); individuals (other than high net worth individuals) (21).

**Which custodians does Erben Associates, LLC use?**
Erben Associates, 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 Erben Associates, 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/148703

**What changed in Erben Associates, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 4 to 10. Regulatory assets under management went from $335,339,216 to $402,467,372 (+20%).

## From the Form ADV filing

### Compensation (Item 5.E)
- Fixed fees (other than subscription fees)
- Other

### Fees and minimums (Form ADV Part 2A brochure dated March 25, 2026)

- Flat fee: $10,000 to $100,000 a year (financial planning/consulting services)

> We charge clients fixed annual fees, ranging from $10,000 to $100,000 per year, based on the complexity of the plan or project and the range of services we are retained to provide.

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: $402,467,372
- Discretionary: $402,467,372
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 21 | $20,123,330 |
| High net worth individuals | 52 | $104,641,316 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | Not reported |
| 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 | 55 | $277,702,726 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Financial planning services
- Pension consulting services
- Selection of other advisers (including private fund managers)
- Other

### Firm details
- Registered since: 2019 (7 years)
- Employees: 10 total, 10 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CO, GA, PR, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- erbenassociates.com
- LinkedIn @erben-associates

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $185,000,000 | 10 | March 15, 2021 |
| October 2022 | $262,968,894 | 10 | March 15, 2022 |
| October 2023 | $243,911,910 | 10 | September 27, 2023 |
| October 2024 | $297,085,707 | 10 | April 4, 2024 |
| October 2025 | $335,339,216 | 10 | July 7, 2025 |
| October 2026 | $402,467,372 | 10 | March 25, 2026 |

Regulatory assets under management: $185,000,000 in the October 2021 data and $402,467,372 in the October 2026 data, up 118%.
Total employees: 10 in October 2021 and 10 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 4 to 10.
- Regulatory assets under management went from $335,339,216 to $402,467,372 (+20%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Erben Associates, LLC (CRD 148703): Form ADV filing data as of October 2026.