AdvisorCensus / Financial advisors / Five Mile River Investment Management, LLC
Five Mile River Investment Management, LLC
Filed as FIVE MILE RIVER INVESTMENT MANAGEMENT, LLC
Five Mile River Investment Management, LLC is an SEC-registered investment advisory firm, registered since 2026, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated June 29, 2026.
Quick answers
From the filingHow is Five Mile River Investment Management, LLC compensated?
On its Form ADV (Item 5.E, October 2026), Five Mile River Investment Management, LLC reports these compensation arrangements: a percentage of assets under its management.
How much does Five Mile River Investment Management, LLC charge?
Its Form ADV Part 2A brochure dated May 29, 2026 states: Up to $5,000,000: 1% a year; $5,000,000 to $10,000,000: 0.75% a year; Above $10,000,000: 0.5% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.
Is Five Mile River Investment Management, LLC registered with the SEC or a state?
Five Mile River Investment Management, LLC is an SEC-registered investment advisory firm, registered since 2026. Status as filed: Approved. CRD 125964.
How much does Five Mile River Investment Management, LLC manage?
Five Mile River Investment Management, LLC reports $108,692,772 in regulatory assets under management in its Form ADV filing dated June 29, 2026 (100% discretionary).
What types of clients does Five Mile River Investment Management, LLC serve?
By number of clients on Form ADV Item 5.D: high net worth individuals (108); pension and profit sharing plans (but not the plan participants or government pension plans) (1); charitable organizations (1).
Which custodians does Five Mile River Investment Management, LLC use?
Five Mile River Investment Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists RBC Capital Markets, LLC as a custodian holding 10% or more of its separately managed account assets.
Does Five Mile River Investment Management, 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/125964
Does Five Mile River Investment Management, LLC state an account minimum?
Its Form ADV Part 2A brochure dated May 29, 2026 says: "Account minimum is $500,000.00 (subject to discretion of the Managing Directors)"
What changed in Five Mile River Investment Management, LLC's recent Form ADV filings?
In the July 2026 filing data: Newly registered with the SEC.
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2A| Assets | Annual rate |
|---|---|
| Up to $5,000,000 | 1% |
| $5,000,000 to $10,000,000 | 0.75% |
| Above $10,000,000 | 0.5% |
The brochure's wording
Advisory Services fees are calculated as 1% of assets under management of up to $5,000,000, billed quarterly in arrears, with $500,000.00 minimum per family.
Individual accounts in excess of $5,000,000.00 are charged an annual fee of 1% for the first $5,000,000 and .75% for those assets over $5,000,000 and up to $10,000,000 and .50% for assets in excess of $10,000,000.00.
Account minimum: $500,000 (the brochure says it may be waived or negotiated)
The brochure's wording
Account minimum is $500,000.00 (subject to discretion of the Managing Directors)
As stated in the firm's Form ADV Part 2A brochure dated May 29, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$108,692,772 as of October 2026, filing dated June 29, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Portfolio management for individuals and/or small businesses
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2026 (0 years)
- Employees
- Total: 4. Performing investment advisory functions: 3.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
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.
- States registered or notice-filed
-
10 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Changes in the filing
Last 12 months- July 2026
- Newly registered with the SEC.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Five Mile River Investment Management, LLC (CRD 125964): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/five-mile-river-investment-management-llc-125964