{ "crd_number": 284844, "slug": "fairmount-funds-management-llc-west-conshohocken-pa-284844", "primary_business_name": "FAIRMOUNT FUNDS MANAGEMENT LLC", "legal_name": "FAIRMOUNT FUNDS MANAGEMENT LLC", "dbas": [], "city": "West Conshohocken", "state": "PA", "country": "United States", "cbsa_code": "37980", "metro": { "cbsa_code": "37980", "common_name": "Philadelphia", "msa_name": "Philadelphia-Camden-Wilmington, PA-NJ-DE-MD", "path": "/advisors/pa/philadelphia" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2019-06-27", "years_registered": 7, "period": "2026-10-01", "filing_date": "2026-08-07", "carried_forward": false, "raum_total": 5799058000.0, "raum_discretionary": 5799058000.0, "raum_non_discretionary": 0.0, "raum_band": "over_5b", "raum_band_label": "Over $5 billion", "total_employees": 30, "advisory_employees": 12, "client_count_bucket": null, "clients_by_type": { "pooled_investment_vehicles": { "raum": 5799058000.0, "count": 4 } }, "compensation_types": [ "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [], "websites": [ "https://fairmount.com", "https://fairmountfunds.com", "https://linkedin.com/company/fairmount-funds-management-llc" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/284844", "city_as_filed": "WEST CONSHOHOCKEN", "url": "https://advisorcensus.com/firm/fairmount-funds-management-llc-west-conshohocken-pa-284844", "display_name": "Fairmount Funds Management LLC", "summary": "Fairmount Funds Management LLC is an SEC-registered investment advisory firm in West Conshohocken, PA, registered since 2019, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated August 7, 2026.", "citation": "AdvisorCensus. Fairmount Funds Management LLC (CRD 284844): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Performance-based fees" ], "advisory_activity_labels": [ "Portfolio management for pooled investment vehicles (other than investment companies)" ], "quick_answers": [ { "q": "How is Fairmount Funds Management LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Fairmount Funds Management LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure." }, { "q": "Where is Fairmount Funds Management LLC located?", "a": "Fairmount Funds Management LLC's principal office is in West Conshohocken, PA, according to its Form ADV; the September 2026 filing also lists 2 other offices (Schedule D, Section 1.F)." }, { "q": "Is Fairmount Funds Management LLC registered with the SEC or a state?", "a": "Fairmount Funds Management LLC is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 284844." }, { "q": "How much does Fairmount Funds Management LLC manage?", "a": "Fairmount Funds Management LLC reports $5,799,058,000 in regulatory assets under management in its Form ADV filing dated August 7, 2026 (100% discretionary)." }, { "q": "How have Fairmount Funds Management LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for Fairmount Funds Management LLC: Regulatory assets under management: $700,197,000 in the October 2021 data and $5,799,058,000 in the October 2026 data, up 728%. Total employees: 8 in October 2021 and 30 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Fairmount Funds Management LLC serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (4)." }, { "q": "Does Fairmount Funds 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/284844" }, { "q": "What changed in Fairmount Funds Management LLC's recent Form ADV filings?", "a": "In the April 2026 filing data: Employees performing advisory functions went from 14 to 12. Regulatory assets under management went from $3,168,724,000 to $5,799,058,000 (+83%)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 700197000.0, "total_employees": 8, "filing_date": "2021-05-03" }, { "period": "2022-10-01", "regulatory_assets_under_management": 862548839.0, "total_employees": 9, "filing_date": "2022-07-01" }, { "period": "2023-10-01", "regulatory_assets_under_management": 1481025633.0, "total_employees": 10, "filing_date": "2023-08-18" }, { "period": "2024-10-01", "regulatory_assets_under_management": 2276508000.0, "total_employees": 21, "filing_date": "2024-08-15" }, { "period": "2025-10-01", "regulatory_assets_under_management": 3168724000.0, "total_employees": 31, "filing_date": "2025-03-31" }, { "period": "2026-10-01", "regulatory_assets_under_management": 5799058000.0, "total_employees": 30, "filing_date": "2026-08-07" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 14 to 12.", "Regulatory assets under management went from $3,168,724,000 to $5,799,058,000 (+83%)." ] } ], "fees_from_brochure": null, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/fairmount-funds-management-llc-west-conshohocken-pa-284844.md", "clients": [ { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 4, "fewer_than_5": false, "raum": 5799058000.0 } ], "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/284844", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }