# 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.

- CRD: 125964
- Filed as: FIVE MILE RIVER INVESTMENT MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Filing period: October 2026
- Form ADV filing dated: June 29, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/125964
- AdvisorCensus page: https://advisorcensus.com/firm/five-mile-river-investment-management-llc-125964

## Quick answers

**How 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

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

### Fees and minimums (Form ADV Part 2A brochure dated May 29, 2026)

- 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

> 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)

> Account minimum is $500,000.00 (subject to discretion of the Managing Directors)

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- RBC Capital Markets, LLC

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: $108,692,772
- Discretionary: $108,692,772
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| High net worth individuals | 108 | $105,232,169 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 1 | $1,106,725 |
| Charitable organizations | 1 | $2,353,878 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses

### Firm details
- Registered since: 2026 (0 years)
- Employees: 4 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, CT, FL, NC, NY, SC, TX, VA, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- fivemileriver.com
- LinkedIn @maryspaldingrobbins

## Changes in the filing (last 12 months)

### July 2026
- Newly registered with the SEC.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Five Mile River Investment Management, LLC (CRD 125964): Form ADV filing data as of October 2026.