# Flat Footed LLC

> Flat Footed LLC is an SEC-registered investment advisory firm in Wilson, WY, registered since 2018, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated April 22, 2026.

- CRD: 291593
- Filed as: FLAT FOOTED LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Wilson, WY
- Filing period: October 2026
- Form ADV filing dated: April 22, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/291593
- AdvisorCensus page: https://advisorcensus.com/firm/flat-footed-llc-wilson-wy-291593

## Quick answers

**How is Flat Footed LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Flat Footed LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**Where is Flat Footed LLC located?**
Flat Footed LLC's principal office is in Wilson, WY, according to its Form ADV.

**Is Flat Footed LLC registered with the SEC or a state?**
Flat Footed LLC is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 291593.

**How much does Flat Footed LLC manage?**
Flat Footed LLC reports $2,059,486,084 in regulatory assets under management in its Form ADV filing dated April 22, 2026 (100% discretionary).

**How have Flat Footed LLC's assets and staff changed since 2021?**
In the Form ADV data for Flat Footed LLC: Regulatory assets under management: $266,479,000 in the October 2021 data and $2,059,486,084 in the October 2026 data, up 673%. Total employees: 2 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 Flat Footed LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (9).

**Does Flat Footed 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/291593

**What changed in Flat Footed LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 3 to 2. Regulatory assets under management went from $1,032,399,666 to $2,059,486,084 (+99%).

## 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: $2,059,486,084
- Discretionary: $2,059,486,084
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 9 | $2,059,486,084 |

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

### Firm details
- Registered since: 2018 (8 years)
- Employees: 5 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: WA, WY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- flatfootedllc.com
- LinkedIn @flat-footed-llc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $266,479,000 | 2 | May 17, 2021 |
| October 2022 | $327,936,000 | 3 | March 31, 2022 |
| October 2023 | $691,249,000 | 3 | March 30, 2023 |
| October 2024 | $869,628,401 | 4 | March 27, 2024 |
| October 2025 | $1,032,399,666 | 6 | April 15, 2025 |
| October 2026 | $2,059,486,084 | 5 | April 22, 2026 |

Regulatory assets under management: $266,479,000 in the October 2021 data and $2,059,486,084 in the October 2026 data, up 673%.
Total employees: 2 in October 2021 and 5 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 3 to 2.
- Regulatory assets under management went from $1,032,399,666 to $2,059,486,084 (+99%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Flat Footed LLC (CRD 291593): Form ADV filing data as of October 2026.