# Fair Asset Management, LLC

> 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.

- CRD: 334853
- Filed as: FAIR ASSET MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Dallas, TX
- Filing period: October 2026
- Form ADV filing dated: March 12, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/334853
- AdvisorCensus page: https://advisorcensus.com/firm/fair-asset-management-llc-dallas-tx-334853

## Quick answers

**How is Fair Asset Management, LLC compensated?**
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).

**Where is Fair Asset Management, LLC located?**
Fair Asset Management, LLC's principal office is in Dallas, TX, according to its Form ADV.

**Is Fair Asset Management, LLC registered with the SEC or a state?**
Fair Asset Management, LLC is an SEC-registered investment advisory firm, registered since 2026. Status as filed: Approved. CRD 334853.

**How much does Fair Asset Management, LLC manage?**
Fair Asset Management, LLC reports $119,766,244 in regulatory assets under management in its Form ADV filing dated March 12, 2026 (100% discretionary).

**What types of clients does Fair Asset Management, LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (31); individuals (other than high net worth individuals) (16).

**Which custodians does Fair Asset Management, LLC use?**
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.

**Does Fair Asset Management, 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/334853

**Does Fair Asset Management, LLC state an account minimum?**
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."

**What changed in Fair Asset Management, LLC's recent Form ADV filings?**
In the April 2026 filing data: Newly registered with the SEC.

## 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 February 3, 2026)

- Account minimum: None

> There is no minimum account size and Clients are not required to have a certain amount of investment experience or sophistication.

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

### Custodians (Schedule D, Section 5.K(3))
- Altruist Financial LLC

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: $119,766,244
- Discretionary: $119,766,244
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 16 | $9,093,807 |
| High net worth individuals | 31 | $110,672,437 |

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

### Firm details
- Registered since: 2026 (0 years)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- fairassetmgmt.com
- LinkedIn @fairassetmgmt
- LinkedIn @philiporwigfinancialplanner

## Changes in the filing (last 12 months)

### April 2026
- Newly registered with the SEC.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Fair Asset Management, LLC (CRD 334853): Form ADV filing data as of October 2026.