# Figure Investment Advisors, LLC

> Figure Investment Advisors, LLC is an SEC-registered investment advisory firm in San Francisco, CA, registered since 2012, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 158307
- Filed as: FIGURE INVESTMENT ADVISORS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: San Francisco, CA
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/158307
- AdvisorCensus page: https://advisorcensus.com/firm/figure-investment-advisors-llc-san-francisco-ca-158307

## Quick answers

**How is Figure Investment Advisors, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Figure Investment Advisors, 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.

**Where is Figure Investment Advisors, LLC located?**
Figure Investment Advisors, LLC's principal office is in San Francisco, CA, according to its Form ADV.

**Is Figure Investment Advisors, LLC registered with the SEC or a state?**
Figure Investment Advisors, LLC is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 158307.

**How much does Figure Investment Advisors, LLC manage?**
Figure Investment Advisors, LLC reports $442,237,196 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have Figure Investment Advisors, LLC's assets and staff changed since 2021?**
In the Form ADV data for Figure Investment Advisors, LLC: Regulatory assets under management: $34,094,044 in the October 2021 data and $442,237,196 in the October 2026 data, up 1197%. Total employees: 6 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Figure Investment Advisors, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (4); investment companies (1).

**Does Figure Investment Advisors, 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/158307

**What changed in Figure Investment Advisors, LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $135,697,861 to $442,237,196 (+226%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Regulatory assets under management (Item 5.F)
- Total: $442,237,196
- Discretionary: $442,237,196
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Investment companies | 1 | $327,410,108 |
| Pooled investment vehicles (other than investment companies and business development companies) | 4 | $114,827,088 |

### Advisory services (Item 5.G)
- Portfolio management for investment companies (and business development companies)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2012 (14 years)
- Employees: 5 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [figure.com](https://figure.com)
- [figuremarkets.com](https://figuremarkets.com)
- LinkedIn @figure-markets
- X @FigureMarkets

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $34,094,044 | 6 | April 15, 2021 |
| October 2022 | $47,591,152 | 7 | August 26, 2022 |
| October 2023 | $42,718,888 | 7 | March 29, 2023 |
| October 2024 | $70,832,415 | 4 | March 29, 2024 |
| October 2025 | $135,697,861 | 7 | June 5, 2025 |
| October 2026 | $442,237,196 | 5 | March 31, 2026 |

Regulatory assets under management: $34,094,044 in the October 2021 data and $442,237,196 in the October 2026 data, up 1197%.
Total employees: 6 in October 2021 and 5 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $135,697,861 to $442,237,196 (+226%).

### November 2025
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Figure Investment Advisors, LLC (CRD 158307): Form ADV filing data as of October 2026.