{
  "crd_number": 144136,
  "slug": "family-office-research-llc-bethesda-md-144136",
  "primary_business_name": "FAMILY OFFICE RESEARCH, LLC",
  "legal_name": "FAMILY OFFICE RESEARCH, LLC",
  "dbas": [],
  "city": "Bethesda",
  "state": "MD",
  "country": "United States",
  "cbsa_code": "47900",
  "metro": {
    "cbsa_code": "47900",
    "common_name": "Washington",
    "msa_name": "Washington-Arlington-Alexandria, DC-VA-MD-WV",
    "path": "/advisors/dc/washington"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2014-08-27",
  "years_registered": 12,
  "period": "2026-10-01",
  "filing_date": "2026-03-19",
  "carried_forward": false,
  "raum_total": 648208835.0,
  "raum_discretionary": 393530481.0,
  "raum_non_discretionary": 254678354.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 5,
  "advisory_employees": 3,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 12310753.0,
      "count": 1,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 4756080.0,
      "count": 12
    },
    "pension_profit_sharing": {
      "raum": 66833479.0,
      "count": 16
    },
    "high_net_worth_individuals": {
      "raum": 548634429.0,
      "count": 103
    },
    "corporations_other_businesses": {
      "raum": 15674094.0,
      "count": 1,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "DC",
    "FL",
    "MD",
    "NC",
    "TX",
    "VA"
  ],
  "websites": [
    "https://familyofficeresearch.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/144136",
  "city_as_filed": "BETHESDA",
  "url": "https://advisorcensus.com/firm/family-office-research-llc-bethesda-md-144136",
  "display_name": "Family Office Research, LLC",
  "summary": "Family Office Research, LLC is an SEC-registered investment advisory firm in Bethesda, MD, registered since 2014, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 19, 2026.",
  "citation": "AdvisorCensus. Family Office Research, LLC (CRD 144136): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Pension consulting services",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Family Office Research, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Family Office Research, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Family Office Research, LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated March 19, 2026 states: Flat fee: $5,000 to $10,000 (financial planning and consulting services). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Family Office Research, LLC located?",
      "a": "Family Office Research, LLC's principal office is in Bethesda, MD, according to its Form ADV."
    },
    {
      "q": "Is Family Office Research, LLC registered with the SEC or a state?",
      "a": "Family Office Research, LLC is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 144136."
    },
    {
      "q": "How much does Family Office Research, LLC manage?",
      "a": "Family Office Research, LLC reports $648,208,835 in regulatory assets under management in its Form ADV filing dated March 19, 2026 (61% discretionary)."
    },
    {
      "q": "How have Family Office Research, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Family Office Research, LLC: Regulatory assets under management: $358,265,331 in the October 2021 data and $648,208,835 in the October 2026 data, up 81%. Total employees: 3 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Family Office Research, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (103); pension and profit sharing plans (but not the plan participants or government pension plans) (16); individuals (other than high net worth individuals) (12)."
    },
    {
      "q": "Which custodians does Family Office Research, LLC use?",
      "a": "Family Office Research, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Brokerage Services LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Family Office Research, 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/144136"
    },
    {
      "q": "What changed in Family Office Research, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $580,927,330 to $648,208,835 (+12%). Registered or notice-filed in NC."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 358265331.0,
      "total_employees": 3,
      "filing_date": "2021-05-12"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 403800122.0,
      "total_employees": 4,
      "filing_date": "2022-09-26"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 399909762.0,
      "total_employees": 5,
      "filing_date": "2023-09-07"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 479014057.0,
      "total_employees": 5,
      "filing_date": "2024-03-11"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 580927330.0,
      "total_employees": 5,
      "filing_date": "2025-03-21"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 648208835.0,
      "total_employees": 5,
      "filing_date": "2026-03-19"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $580,927,330 to $648,208,835 (+12%).",
        "Registered or notice-filed in NC."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "No longer registered or notice-filed in NJ."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 19, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Flat fee: $5,000 to $10,000 (financial planning and consulting services)"
    ],
    "figures": [
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $5,000 to $10,000 (financial planning and consulting services)"
        ],
        "quotes": [
          "We charge on a flat fee basis for financial planning and consulting services. The total estimated fee, as well as the ultimate fee that we charge you, is based on the scope and complexity of our engagement with you. Flat fees generally range from $5,000 to $10,000."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "flat",
          "amount": null,
          "min": 5000.0,
          "max": 10000.0,
          "period": "one_time",
          "service": "financial planning and consulting services"
        }
      ]
    },
    "quotes": [
      "We charge on a flat fee basis for financial planning and consulting services. The total estimated fee, as well as the ultimate fee that we charge you, is based on the scope and complexity of our engagement with you. Flat fees generally range from $5,000 to $10,000."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Fidelity Brokerage Services LLC",
      "name_as_filed": "FIDELITY BROKERAGE SERVICES 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/family-office-research-llc-bethesda-md-144136.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 12,
      "fewer_than_5": false,
      "raum": 4756080.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 103,
      "fewer_than_5": false,
      "raum": 548634429.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 16,
      "fewer_than_5": false,
      "raum": 66833479.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 1,
      "fewer_than_5": true,
      "raum": 12310753.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 1,
      "fewer_than_5": true,
      "raum": 15674094.0
    }
  ],
  "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/144136",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}