{
  "crd_number": 168009,
  "slug": "erguz-llc-the-woodlands-tx-168009",
  "primary_business_name": "ERGUZ, LLC",
  "legal_name": "ERGUZ, LLC",
  "dbas": [],
  "city": "The Woodlands",
  "state": "TX",
  "country": "United States",
  "cbsa_code": "26420",
  "metro": {
    "cbsa_code": "26420",
    "common_name": "Houston",
    "msa_name": "Houston-Pasadena-The Woodlands, TX",
    "path": "/advisors/tx/houston"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2013-07-05",
  "years_registered": 13,
  "period": "2026-10-01",
  "filing_date": "2026-03-03",
  "carried_forward": false,
  "raum_total": 889000000.0,
  "raum_discretionary": 889000000.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 1,
  "advisory_employees": 1,
  "client_count_bucket": null,
  "clients_by_type": {
    "high_net_worth_individuals": {
      "raum": 889000000.0,
      "count": 51
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "DE",
    "TX"
  ],
  "websites": [
    "https://erguz.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/168009",
  "city_as_filed": "THE WOODLANDS",
  "url": "https://advisorcensus.com/firm/erguz-llc-the-woodlands-tx-168009",
  "display_name": "Erguz, LLC",
  "summary": "Erguz, LLC is an SEC-registered investment advisory firm in The Woodlands, TX, registered since 2013, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 3, 2026.",
  "citation": "AdvisorCensus. Erguz, LLC (CRD 168009): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is Erguz, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Erguz, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)."
    },
    {
      "q": "What does Erguz, LLC's brochure say about its fees?",
      "a": "Its Form ADV Part 2A brochure dated March 3, 2026 states: Up to $10,000,000: 1% a year; Above $10,000,000: 0.5% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Erguz, LLC located?",
      "a": "Erguz, LLC's principal office is in The Woodlands, TX, according to its Form ADV."
    },
    {
      "q": "Is Erguz, LLC registered with the SEC or a state?",
      "a": "Erguz, LLC is an SEC-registered investment advisory firm, registered since 2013. Status as filed: Approved. CRD 168009."
    },
    {
      "q": "How much does Erguz, LLC manage?",
      "a": "Erguz, LLC reports $889,000,000 in regulatory assets under management in its Form ADV filing dated March 3, 2026 (100% discretionary)."
    },
    {
      "q": "How have Erguz, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Erguz, LLC: Regulatory assets under management: $513,313,643 in the October 2021 data and $889,000,000 in the October 2026 data, up 73%. Total employees: 1 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 Erguz, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (51)."
    },
    {
      "q": "Which custodians does Erguz, LLC use?",
      "a": "Erguz, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC and Raymond James Financial Services, Inc. as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Erguz, 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/168009"
    },
    {
      "q": "Does Erguz, LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 3, 2026 says: \"Erguz requires a minimum account size of $1,000,000 to enter into an Advisory Agreement. However, Erguz retains the discretion to lower or waive said minimum.\""
    },
    {
      "q": "What changed in Erguz, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $804,000,000 to $889,000,000 (+11%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 513313643.0,
      "total_employees": 1,
      "filing_date": "2021-03-23"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 619235000.0,
      "total_employees": 1,
      "filing_date": "2022-03-24"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 580000000.0,
      "total_employees": 1,
      "filing_date": "2023-03-25"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 720717075.0,
      "total_employees": 1,
      "filing_date": "2024-04-01"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 804000000.0,
      "total_employees": 1,
      "filing_date": "2025-03-20"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 889000000.0,
      "total_employees": 1,
      "filing_date": "2026-03-03"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $804,000,000 to $889,000,000 (+11%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 3, 2026",
    "tiers": [
      {
        "band": "Up to $10,000,000",
        "rate": "1%"
      },
      {
        "band": "Above $10,000,000",
        "rate": "0.5%"
      }
    ],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$1,000,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Fee schedule",
        "statements": [
          "Up to $10,000,000: 1% a year",
          "Above $10,000,000: 0.5% a year"
        ],
        "quotes": [
          "Erguz  charges an annual investment advisory fee based on the total assets under management as follows: Assets Under Management Annual Fee $0 - $10,000,000 1.00%-.50%% Over $10,000,000 .50%-.05%"
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "Erguz requires a minimum account size of $1,000,000 to enter into an Advisory Agreement. However, Erguz retains the discretion to lower or waive said minimum."
        ]
      }
    ],
    "quotes": [
      "Erguz  charges an annual investment advisory fee based on the total assets under management as follows: Assets Under Management Annual Fee $0 - $10,000,000 1.00%-.50%% Over $10,000,000 .50%-.05%",
      "Erguz requires a minimum account size of $1,000,000 to enter into an Advisory Agreement. However, Erguz retains the discretion to lower or waive said minimum."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Goldman Sachs & Co. LLC",
      "name_as_filed": "GOLDMAN SACHS & CO. LLC",
      "affiliated": false
    },
    {
      "name": "Morgan Stanley & Co. LLC",
      "name_as_filed": "MORGAN STANLEY & CO. LLC",
      "affiliated": false
    },
    {
      "name": "Raymond James Financial Services, Inc.",
      "name_as_filed": "RAYMOND JAMES FINANCIAL SERVICES, 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/erguz-llc-the-woodlands-tx-168009.md",
  "clients": [
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 51,
      "fewer_than_5": false,
      "raum": 889000000.0
    }
  ],
  "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/168009",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}