{
  "crd_number": 334853,
  "slug": "fair-asset-management-llc-dallas-tx-334853",
  "primary_business_name": "FAIR ASSET MANAGEMENT, LLC",
  "legal_name": "FAIR ASSET MANAGEMENT, LLC",
  "dbas": [],
  "city": "Dallas",
  "state": "TX",
  "country": "United States",
  "cbsa_code": "19100",
  "metro": {
    "cbsa_code": "19100",
    "common_name": "Dallas",
    "msa_name": "Dallas-Fort Worth-Arlington, TX",
    "path": "/advisors/tx/dallas"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2026-03-11",
  "years_registered": 0,
  "period": "2026-10-01",
  "filing_date": "2026-03-12",
  "carried_forward": false,
  "raum_total": 119766244.0,
  "raum_discretionary": 119766244.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 1,
  "advisory_employees": 1,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 9093807.0,
      "count": 16
    },
    "high_net_worth_individuals": {
      "raum": 110672437.0,
      "count": 31
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "TX"
  ],
  "websites": [
    "https://fairassetmgmt.com",
    "https://linkedin.com/company/fairassetmgmt",
    "https://linkedin.com/in/philiporwigfinancialplanner"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/334853",
  "city_as_filed": "DALLAS",
  "url": "https://advisorcensus.com/firm/fair-asset-management-llc-dallas-tx-334853",
  "display_name": "Fair Asset Management, LLC",
  "summary": "Fair Asset Management, LLC is an SEC-registered investment advisory firm in Dallas, TX, registered since 2026, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 12, 2026.",
  "citation": "AdvisorCensus. Fair Asset Management, LLC (CRD 334853): 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": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is Fair Asset Management, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Fair Asset Management, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)."
    },
    {
      "q": "Where is Fair Asset Management, LLC located?",
      "a": "Fair Asset Management, LLC's principal office is in Dallas, TX, according to its Form ADV."
    },
    {
      "q": "Is Fair Asset Management, LLC registered with the SEC or a state?",
      "a": "Fair Asset Management, LLC is an SEC-registered investment advisory firm, registered since 2026. Status as filed: Approved. CRD 334853."
    },
    {
      "q": "How much does Fair Asset Management, LLC manage?",
      "a": "Fair Asset Management, LLC reports $119,766,244 in regulatory assets under management in its Form ADV filing dated March 12, 2026 (100% discretionary)."
    },
    {
      "q": "What types of clients does Fair Asset Management, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (31); individuals (other than high net worth individuals) (16)."
    },
    {
      "q": "Which custodians does Fair Asset Management, LLC use?",
      "a": "Fair Asset Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Altruist Financial LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Fair Asset Management, 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/334853"
    },
    {
      "q": "Does Fair Asset Management, LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated February 3, 2026 says: \"There is no minimum account size and Clients are not required to have a certain amount of investment experience or sophistication.\""
    },
    {
      "q": "What changed in Fair Asset Management, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Newly registered with the SEC."
    }
  ],
  "filing_history": [],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Newly registered with the SEC."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated February 3, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "There is no minimum account size and Clients are not required to have a certain amount of investment experience or sophistication."
        ]
      }
    ],
    "quotes": [
      "There is no minimum account size and Clients are not required to have a certain amount of investment experience or sophistication."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Altruist Financial LLC",
      "name_as_filed": "ALTRUIST FINANCIAL LLC",
      "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/fair-asset-management-llc-dallas-tx-334853.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 16,
      "fewer_than_5": false,
      "raum": 9093807.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 31,
      "fewer_than_5": false,
      "raum": 110672437.0
    }
  ],
  "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/334853",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}