# FOG City Advisors, LLC

> FOG City Advisors, LLC is an SEC-registered investment advisory firm in Albany, CA, registered since 2025, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 2, 2026.

- CRD: 321822
- Filed as: FOG CITY ADVISORS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Albany, CA
- Filing period: October 2026
- Form ADV filing dated: March 2, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/321822
- AdvisorCensus page: https://advisorcensus.com/firm/fog-city-advisors-llc-albany-ca-321822

## Quick answers

**How is FOG City Advisors, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), FOG City Advisors, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).

**How much does FOG City Advisors, LLC charge?**
Its Form ADV Part 2A brochure dated March 2, 2026 states: Flat fee: $2,400 (Financial Review). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is FOG City Advisors, LLC located?**
FOG City Advisors, LLC's principal office is in Albany, CA, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is FOG City Advisors, LLC registered with the SEC or a state?**
FOG City Advisors, LLC is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 321822.

**How much does FOG City Advisors, LLC manage?**
FOG City Advisors, LLC reports $143,621,170 in regulatory assets under management in its Form ADV filing dated March 2, 2026 (100% discretionary).

**How have FOG City Advisors, LLC's assets and staff changed since 2025?**
In the Form ADV data for FOG City Advisors, LLC: Regulatory assets under management: $122,561,203 in the October 2025 data and $143,621,170 in the October 2026 data, up 17%. Total employees: 5 in October 2025 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does FOG City Advisors, LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (60); individuals (other than high net worth individuals) (52); corporations or other businesses not listed above (2).

**Which custodians does FOG City Advisors, LLC use?**
FOG City Advisors, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does FOG City Advisors, 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/321822

**Does FOG City Advisors, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 2, 2026 says: "We do not require a minimum amount of assets, account size or charge a minimum fee to work with us."

**What changed in FOG City Advisors, LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $122,561,203 to $143,621,170 (+17%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

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

- Account minimum: None

> We do not require a minimum amount of assets, account size or charge a minimum fee to work with us.

- Minimum annual fee: None

> We do not require a minimum amount of assets, account size or charge a minimum fee to work with us.

- Flat fee: $2,400 (Financial Review)

> Financial Review: The fee for the Financial Review is a flat amount of $2400. The fee is payable at the conclusion of the engagement.

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

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

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: $143,621,170
- Discretionary: $143,621,170
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 52 | $21,294,117 |
| High net worth individuals | 60 | $121,530,675 |
| Corporations or other businesses not listed above | 2 | $796,378 |

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

### Firm details
- Registered since: 2025 (1 year)
- Employees: 5 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, UT
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Albany, CA

### Websites listed on Form ADV (Item 1.I)
- fogcityadvisors.com
- LinkedIn @fogcityadvisors
- LinkedIn @markpingree
- LinkedIn @nguyenthinh95

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2025 | $122,561,203 | 5 | June 19, 2025 |
| October 2026 | $143,621,170 | 5 | March 2, 2026 |

Regulatory assets under management: $122,561,203 in the October 2025 data and $143,621,170 in the October 2026 data, up 17%.
Total employees: 5 in October 2025 and 5 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $122,561,203 to $143,621,170 (+17%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. FOG City Advisors, LLC (CRD 321822): Form ADV filing data as of October 2026.