# First Long Island Investors, LLC > First Long Island Investors, LLC is an SEC-registered investment advisory firm in Jericho, NY, registered since 1984, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026. - CRD: 167212 - Filed as: FIRST LONG ISLAND INVESTORS, LLC - Registration: SEC-registered investment adviser (status as filed: Approved) - Location: Jericho, NY - Filing period: October 2026 - Form ADV filing dated: March 31, 2026 - SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/167212 - AdvisorCensus page: https://advisorcensus.com/firm/first-long-island-investors-llc-jericho-ny-167212 ## Quick answers **How is First Long Island Investors, LLC compensated?** On its Form ADV (Item 5.E, October 2026), First Long Island Investors, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees. **Where is First Long Island Investors, LLC located?** First Long Island Investors, LLC's principal office is in Jericho, NY, according to its Form ADV. **Is First Long Island Investors, LLC registered with the SEC or a state?** First Long Island Investors, LLC is an SEC-registered investment advisory firm, registered since 1984. Status as filed: Approved. CRD 167212. **How much does First Long Island Investors, LLC manage?** First Long Island Investors, LLC reports $1,861,290,657 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary). **How have First Long Island Investors, LLC's assets and staff changed since 2021?** In the Form ADV data for First Long Island Investors, LLC: Regulatory assets under management: $1,476,669,849 in the October 2021 data and $1,861,290,657 in the October 2026 data, up 26%. Total employees: 20 in October 2021 and 24 in October 2026. Assets under management move with markets as well as with clients coming and going. **What types of clients does First Long Island Investors, LLC serve?** By number of clients on Form ADV Item 5.D: high net worth individuals (325); individuals (other than high net worth individuals) (170); pooled investment vehicles (other than investment companies and business development companies) (20). **Which custodians does First Long Island Investors, LLC use?** First Long Island Investors, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists UBS Financial Services Inc. as a custodian holding 10% or more of its separately managed account assets. **Does First Long Island Investors, 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/167212 **Does First Long Island Investors, LLC state an account minimum?** Its Form ADV Part 2A brochure dated March 31, 2026 says: "Clients generally must have a minimum of $5,000,000 in assets under management at the inception of the relationship." ## From the Form ADV filing ### Compensation (Item 5.E) - A percentage of assets under your management - Fixed fees (other than subscription fees) - Performance-based fees ### Fees and minimums (Form ADV Part 2A brochure dated March 31, 2026) - Account minimum: $5,000,000 > Clients generally must have a minimum of $5,000,000 in assets under management at the inception of the relationship. As stated in the firm's brochure. Fees can differ by service and may be negotiable. ### Custodians (Schedule D, Section 5.K(3)) - UBS Financial Services Inc. 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: $1,861,290,657 - Discretionary: $1,861,290,657 - Non-discretionary: $0 ### Clients (Item 5.D) | Client type | Clients | Assets | | --- | --- | --- | | Individuals (other than high net worth individuals) | 170 | $57,800,820 | | High net worth individuals | 325 | $1,118,965,364 | | Banking or thrift institutions | 0 | $0 | | Investment companies | 0 | $0 | | Business development companies | 0 | $0 | | Pooled investment vehicles (other than investment companies and business development companies) | 20 | $568,803,189 | | Pension and profit sharing plans (but not the plan participants or government pension plans) | 9 | $59,469,064 | | Charitable organizations | 15 | $25,645,739 | | State or municipal government entities (including government pension plans) | 0 | $0 | | Other investment advisers | 0 | $0 | | Insurance companies | 0 | $0 | | Sovereign wealth funds and foreign official institutions | 0 | $0 | | Corporations or other businesses not listed above | 7 | $30,606,481 | | Other | 0 | $0 | ### Advisory services (Item 5.G) - Portfolio management for individuals and/or small businesses - Portfolio management for pooled investment vehicles (other than investment companies) - Portfolio management for businesses (other than small businesses) or institutional clients - Selection of other advisers (including private fund managers) - Publication of periodicals or newsletters - Educational seminars/workshops - Other ### Firm details - Registered since: 1984 (42 years) - Employees: 24 total, 8 performing advisory functions - Wrap fee program participation: No - States registered or notice-filed: CA, CT, FL, NH, NJ, NY, TX - Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11. ### Websites listed on Form ADV (Item 1.I) - [fliinvestors.com](https://fliinvestors.com) - LinkedIn @first-long-island-investors-llc - YouTube @firstlongislandinvestorsll5735 ## Assets and staff over time | Data period | Regulatory assets under management | Employees | Filing dated | | --- | --- | --- | --- | | October 2021 | $1,476,669,849 | 20 | September 30, 2021 | | October 2022 | $1,744,558,902 | 21 | March 30, 2022 | | October 2023 | $1,348,706,257 | 25 | March 30, 2023 | | October 2024 | $1,545,821,993 | 26 | March 28, 2024 | | October 2025 | $1,708,156,301 | 24 | March 31, 2025 | | October 2026 | $1,861,290,657 | 24 | March 31, 2026 | Regulatory assets under management: $1,476,669,849 in the October 2021 data and $1,861,290,657 in the October 2026 data, up 26%. Total employees: 20 in October 2021 and 24 in October 2026. ## Source Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. First Long Island Investors, LLC (CRD 167212): Form ADV filing data as of October 2026.