# Flexpath Strategies

> Flexpath Strategies is an SEC-registered investment advisory firm in Aliso Viejo, CA, registered since 2015, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated June 26, 2026.

- CRD: 174306
- Filed as: FLEXPATH STRATEGIES
- Legal name: Flexpath Strategies LLC
- Also doing business as: FIDUCIARYPATH, FIDUCIARYPATH ADVISORS
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Aliso Viejo, CA
- Filing period: October 2026
- Form ADV filing dated: June 26, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/174306
- AdvisorCensus page: https://advisorcensus.com/firm/flexpath-strategies-aliso-viejo-ca-174306

## Quick answers

**How is Flexpath Strategies compensated?**
On its Form ADV (Item 5.E, October 2026), Flexpath Strategies reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Flexpath Strategies located?**
Flexpath Strategies' principal office is in Aliso Viejo, CA, according to its Form ADV.

**Is Flexpath Strategies registered with the SEC or a state?**
Flexpath Strategies is an SEC-registered investment advisory firm, registered since 2015. Status as filed: Approved. CRD 174306.

**How much does Flexpath Strategies manage?**
Flexpath Strategies reports $2,913,734,672 in regulatory assets under management in its Form ADV filing dated June 26, 2026 (100% discretionary).

**How have Flexpath Strategies' assets and staff changed since 2021?**
In the Form ADV data for Flexpath Strategies: Regulatory assets under management: $23,193,503,997 in the October 2021 data and $2,913,734,672 in the October 2026 data, down 87%. Total employees: 12 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 Flexpath Strategies serve?**
By number of clients on Form ADV Item 5.D: corporations or other businesses not listed above (741).

**Does Flexpath Strategies 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/174306

**What changed in Flexpath Strategies' recent Form ADV filings?**
In the March 2026 filing data: Employees performing advisory functions went from 5 to 3. Registered or notice-filed in AZ, KY, OR, WV.

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $2,913,734,672
- Discretionary: $2,913,734,672
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Corporations or other businesses not listed above | 741 | $2,913,734,672 |

### Advisory services (Item 5.G)
- Pension consulting services
- Selection of other advisers (including private fund managers)
- Other

### Firm details
- Registered since: 2015 (11 years)
- Employees: 5 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, DC, DE, FL, GA, IA, ID, IL, IN, KS, KY, LA, MA, MD, MI, MN, MO, NC, NE, NJ, NM, NV, NY, OH, OK, OR, PA, TX, UT, VA, WA, WI, WV
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- flexpathstrategies.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $23,193,503,997 | 12 | March 29, 2021 |
| October 2022 | $36,176,225,000 | 12 | August 9, 2022 |
| October 2023 | $39,534,404,000 | 12 | September 8, 2023 |
| October 2024 | $65,973,486,697 | 25 | September 26, 2024 |
| October 2025 | $79,850,427,347 | 28 | June 5, 2025 |
| October 2026 | $2,913,734,672 | 5 | June 26, 2026 |

Regulatory assets under management: $23,193,503,997 in the October 2021 data and $2,913,734,672 in the October 2026 data, down 87%.
Total employees: 12 in October 2021 and 5 in October 2026.

## Changes in the filing (last 12 months)

### March 2026
- Employees performing advisory functions went from 5 to 3.
- Registered or notice-filed in AZ, KY, OR, WV.

### January 2026
- Employees performing advisory functions went from 12 to 5.
- Regulatory assets under management went from $79,850,427,347 to $2,700,000,000 (-97%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Flexpath Strategies (CRD 174306): Form ADV filing data as of October 2026.