{ "crd_number": 174342, "slug": "fitzroy-investment-advisors-llc-aventura-fl-174342", "primary_business_name": "FITZROY INVESTMENT ADVISORS LLC", "legal_name": "FITZROY INVESTMENT ADVISORS LLC", "dbas": [], "city": "Aventura", "state": "FL", "country": "United States", "cbsa_code": "33100", "metro": { "cbsa_code": "33100", "common_name": "Miami", "msa_name": "Miami-Fort Lauderdale-West Palm Beach, FL", "path": "/advisors/fl/miami" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2015-02-11", "years_registered": 11, "period": "2026-10-01", "filing_date": "2026-03-31", "carried_forward": false, "raum_total": 1042976788.0, "raum_discretionary": 0.0, "raum_non_discretionary": 1042976788.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 9, "advisory_employees": 8, "client_count_bucket": null, "clients_by_type": { "other": { "raum": 0.0, "count": 0 }, "charitable": { "raum": 0.0, "count": 0 }, "individuals": { "raum": 0.0, "count": 0 }, "banking_thrift": { "raum": 0.0, "count": 0 }, "state_municipal": { "raum": 0.0, "count": 0 }, "insurance_companies": { "raum": 0.0, "count": 0 }, "investment_companies": { "raum": 0.0, "count": 0 }, "pension_profit_sharing": { "raum": 0.0, "count": 0 }, "other_investment_advisers": { "raum": 0.0, "count": 0 }, "high_net_worth_individuals": { "raum": 1042976788.0, "count": 81 }, "pooled_investment_vehicles": { "raum": 0.0, "count": 0 }, "corporations_other_businesses": { "raum": 0.0, "count": 0 }, "business_development_companies": { "raum": 0.0, "count": 0 }, "sovereign_wealth_foreign_official": { "raum": 0.0, "count": 0 } }, "compensation_types": [ "percentage_of_aum" ], "advisory_activities": [ "financial_planning", "portfolio_management_individuals", "selection_of_other_advisers" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "FL" ], "websites": [ "https://fria.us", "https://linkedin.com/company/fitzroy-investment-advisors" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/174342", "city_as_filed": "AVENTURA", "url": "https://advisorcensus.com/firm/fitzroy-investment-advisors-llc-aventura-fl-174342", "display_name": "Fitzroy Investment Advisors LLC", "summary": "Fitzroy Investment Advisors LLC is an SEC-registered investment advisory firm in Aventura, FL, registered since 2015, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.", "citation": "AdvisorCensus. Fitzroy Investment Advisors LLC (CRD 174342): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management" ], "advisory_activity_labels": [ "Financial planning services", "Portfolio management for individuals and/or small businesses", "Selection of other advisers (including private fund managers)" ], "quick_answers": [ { "q": "How is Fitzroy Investment Advisors LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Fitzroy Investment Advisors LLC reports these compensation arrangements: a percentage of assets under its management." }, { "q": "How much does Fitzroy Investment Advisors LLC charge?", "a": "Its Form ADV Part 2A brochure dated March 31, 2026 states: Asset-based fee: 0.35% to 0.45% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement." }, { "q": "Where is Fitzroy Investment Advisors LLC located?", "a": "Fitzroy Investment Advisors LLC's principal office is in Aventura, FL, according to its Form ADV." }, { "q": "Is Fitzroy Investment Advisors LLC registered with the SEC or a state?", "a": "Fitzroy Investment Advisors LLC is an SEC-registered investment advisory firm, registered since 2015. Status as filed: Approved. CRD 174342." }, { "q": "How much does Fitzroy Investment Advisors LLC manage?", "a": "Fitzroy Investment Advisors LLC reports $1,042,976,788 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (0% discretionary)." }, { "q": "How have Fitzroy Investment Advisors LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for Fitzroy Investment Advisors LLC: Regulatory assets under management: $513,187,389 in the October 2021 data and $1,042,976,788 in the October 2026 data, up 103%. Total employees: 6 in October 2021 and 9 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Fitzroy Investment Advisors LLC serve?", "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (81)." }, { "q": "Does Fitzroy Investment Advisors 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/174342" }, { "q": "Does Fitzroy Investment Advisors LLC state an account minimum?", "a": "Its Form ADV Part 2A brochure dated March 31, 2026 says: \"The minimum initial Client ‘liquid’ net worth (i.e. excluding real estate or other non -financial assets) is generally $15 million. The minimum requirement can be, and in certain instances has been, waived in the discretion of FitzRoy.\"" } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 513187389.0, "total_employees": 6, "filing_date": "2021-03-30" }, { "period": "2022-10-01", "regulatory_assets_under_management": 595010667.0, "total_employees": 7, "filing_date": "2022-03-30" }, { "period": "2023-10-01", "regulatory_assets_under_management": 582425775.0, "total_employees": 6, "filing_date": "2023-03-30" }, { "period": "2024-10-01", "regulatory_assets_under_management": 662347896.0, "total_employees": 7, "filing_date": "2024-03-28" }, { "period": "2025-10-01", "regulatory_assets_under_management": 1009412939.0, "total_employees": 9, "filing_date": "2025-03-31" }, { "period": "2026-10-01", "regulatory_assets_under_management": 1042976788.0, "total_employees": 9, "filing_date": "2026-03-31" } ], "recent_changes": [], "fees_from_brochure": { "source": "Form ADV Part 2A brochure dated March 31, 2026", "provided_by_the_firm": false, "tiers": [], "flat_rate": null, "stated_range": "0.35% to 0.45% a year", "stated_maximum": null, "account_minimum": "$15,000,000", "account_minimum_may_be_waived": true, "minimum_annual_fee": null, "planning_fees": [], "figures": [ { "label": "Asset-based fee", "statements": [ "Asset-based fee: 0.35% to 0.45% a year (a range, as the brochure states it)" ], "quotes": [ "FitzRoy receives an annual advisory fee ranging from 0.35% to 0. 45% of the assets of Advisory Clients under management with FitzRoy, generally payable quarterly in arrears." ] }, { "label": "Account minimum", "statements": [ "Account minimum: $15,000,000 (the brochure says it may be waived or negotiated)" ], "quotes": [ "The minimum initial Client ‘liquid’ net worth (i.e. excluding real estate or other non -financial assets) is generally $15 million. The minimum requirement can be, and in certain instances has been, waived in the discretion of FitzRoy." ] } ], "values": { "tiers": [], "range_pct": [ 0.35, 0.45 ], "max_pct": null, "account_minimum": 15000000.0, "minimum_annual_fee": null, "planning": [] }, "quotes": [ "FitzRoy receives an annual advisory fee ranging from 0.35% to 0. 45% of the assets of Advisory Clients under management with FitzRoy, generally payable quarterly in arrears.", "The minimum initial Client ‘liquid’ net worth (i.e. excluding real estate or other non -financial assets) is generally $15 million. The minimum requirement can be, and in certain instances has been, waived in the discretion of FitzRoy." ], "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable." }, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/fitzroy-investment-advisors-llc-aventura-fl-174342.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 0, "fewer_than_5": false, "raum": 0.0 }, { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 81, "fewer_than_5": false, "raum": 1042976788.0 }, { "type": "banking_thrift", "label": "Banking or thrift institutions", "count": 0, "fewer_than_5": false, "raum": 0.0 }, { "type": "investment_companies", "label": "Investment companies", "count": 0, "fewer_than_5": false, "raum": 0.0 }, { "type": "business_development_companies", "label": "Business development companies", "count": 0, "fewer_than_5": false, "raum": 0.0 }, { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 0, "fewer_than_5": false, "raum": 0.0 }, { "type": "pension_profit_sharing", "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)", "count": 0, "fewer_than_5": false, "raum": 0.0 }, { "type": "charitable", "label": "Charitable organizations", "count": 0, "fewer_than_5": false, "raum": 0.0 }, { "type": "state_municipal", "label": "State or municipal government entities (including government pension plans)", "count": 0, "fewer_than_5": false, "raum": 0.0 }, { "type": "other_investment_advisers", "label": "Other investment advisers", "count": 0, "fewer_than_5": false, "raum": 0.0 }, { "type": "insurance_companies", "label": "Insurance companies", "count": 0, "fewer_than_5": false, "raum": 0.0 }, { "type": "sovereign_wealth_foreign_official", "label": "Sovereign wealth funds and foreign official institutions", "count": 0, "fewer_than_5": false, "raum": 0.0 }, { "type": "corporations_other_businesses", "label": "Corporations or other businesses not listed above", "count": 0, "fewer_than_5": false, "raum": 0.0 }, { "type": "other", "label": "Other", "count": 0, "fewer_than_5": false, "raum": 0.0 } ], "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/174342", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }