# Erguz, LLC

> 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.

- CRD: 168009
- Filed as: ERGUZ, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: The Woodlands, TX
- Filing period: October 2026
- Form ADV filing dated: March 3, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/168009
- AdvisorCensus page: https://advisorcensus.com/firm/erguz-llc-the-woodlands-tx-168009

## Quick answers

**How is Erguz, LLC compensated?**
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).

**What does Erguz, LLC's brochure say about its fees?**
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.

**Where is Erguz, LLC located?**
Erguz, LLC's principal office is in The Woodlands, TX, according to its Form ADV.

**Is Erguz, LLC registered with the SEC or a state?**
Erguz, LLC is an SEC-registered investment advisory firm, registered since 2013. Status as filed: Approved. CRD 168009.

**How much does Erguz, LLC manage?**
Erguz, LLC reports $889,000,000 in regulatory assets under management in its Form ADV filing dated March 3, 2026 (100% discretionary).

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

**What types of clients does Erguz, LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (51).

**Which custodians does Erguz, LLC use?**
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.

**Does Erguz, 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/168009

**Does Erguz, LLC state an account minimum?**
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."

**What changed in Erguz, LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $804,000,000 to $889,000,000 (+11%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated March 3, 2026)

- Up to $10,000,000: 1% a year
- Above $10,000,000: 0.5% a year

> 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%

- Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)

> 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.

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

### Custodians (Schedule D, Section 5.K(3))
- Goldman Sachs & Co. LLC
- Morgan Stanley & Co. LLC
- Raymond James Financial Services, 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: $889,000,000
- Discretionary: $889,000,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| High net worth individuals | 51 | $889,000,000 |

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

### Firm details
- Registered since: 2013 (13 years)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: DE, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- erguz.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $513,313,643 | 1 | March 23, 2021 |
| October 2022 | $619,235,000 | 1 | March 24, 2022 |
| October 2023 | $580,000,000 | 1 | March 25, 2023 |
| October 2024 | $720,717,075 | 1 | April 1, 2024 |
| October 2025 | $804,000,000 | 1 | March 20, 2025 |
| October 2026 | $889,000,000 | 1 | March 3, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $804,000,000 to $889,000,000 (+11%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Erguz, LLC (CRD 168009): Form ADV filing data as of October 2026.