{
  "crd_number": 315600,
  "slug": "forest-road-asset-management-llc-los-angeles-ca-315600",
  "primary_business_name": "FOREST ROAD ASSET MANAGEMENT LLC",
  "legal_name": "FOREST ROAD ASSET MANAGEMENT LLC",
  "dbas": [],
  "city": "Los Angeles",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "31080",
  "metro": {
    "cbsa_code": "31080",
    "common_name": "Los Angeles",
    "msa_name": "Los Angeles-Long Beach-Anaheim, CA",
    "path": "/advisors/ca/los-angeles"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2022-09-26",
  "years_registered": 4,
  "period": "2026-10-01",
  "filing_date": "2026-06-30",
  "carried_forward": false,
  "raum_total": 1158534419.0,
  "raum_discretionary": 558534419.0,
  "raum_non_discretionary": 600000000.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 15,
  "advisory_employees": 7,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 14884786.0,
      "count": null,
      "description": "FAMILY OFFICE",
      "fewer_than_5": true
    },
    "pooled_investment_vehicles": {
      "raum": 543649633.0,
      "count": 7
    },
    "corporations_other_businesses": {
      "raum": 600000000.0,
      "count": null,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "DC"
  ],
  "websites": [
    "https://facebook.com/forestroadco",
    "https://forestroad.com",
    "https://forestroadco.com",
    "https://linkedin.com/company/the-forest-road-company",
    "https://twitter.com/forestroadco"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/315600",
  "city_as_filed": "LOS ANGELES",
  "url": "https://advisorcensus.com/firm/forest-road-asset-management-llc-los-angeles-ca-315600",
  "display_name": "Forest Road Asset Management LLC",
  "summary": "Forest Road Asset Management LLC is an SEC-registered investment advisory firm in Los Angeles, CA, registered since 2022, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated June 30, 2026.",
  "citation": "AdvisorCensus. Forest Road Asset Management LLC (CRD 315600): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Forest Road Asset Management LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Forest Road Asset Management LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Forest Road Asset Management LLC located?",
      "a": "Forest Road Asset Management LLC's principal office is in Los Angeles, CA, according to its Form ADV; the March 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Forest Road Asset Management LLC registered with the SEC or a state?",
      "a": "Forest Road Asset Management LLC is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 315600."
    },
    {
      "q": "How much does Forest Road Asset Management LLC manage?",
      "a": "Forest Road Asset Management LLC reports $1,158,534,419 in regulatory assets under management in its Form ADV filing dated June 30, 2026 (48% discretionary)."
    },
    {
      "q": "How have Forest Road Asset Management LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Forest Road Asset Management LLC: Regulatory assets under management: $25,000,000 in the October 2022 data and $1,158,534,419 in the October 2026 data, up 4534%. Total employees: 16 in October 2022 and 15 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Forest Road Asset Management LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (7)."
    },
    {
      "q": "Does Forest Road Asset Management LLC report any disciplinary disclosures?",
      "a": "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/315600"
    },
    {
      "q": "What changed in Forest Road Asset Management LLC's recent Form ADV filings?",
      "a": "In the July 2026 filing data: Regulatory assets under management went from $161,055,177 to $1,158,534,419 (+619%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": null,
      "total_employees": null,
      "filing_date": "2021-06-30"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 25000000.0,
      "total_employees": 16,
      "filing_date": "2022-08-25"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 30406703.0,
      "total_employees": 16,
      "filing_date": "2023-03-20"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 25285836.0,
      "total_employees": 21,
      "filing_date": "2024-08-15"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 173531836.0,
      "total_employees": 19,
      "filing_date": "2025-05-01"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 1158534419.0,
      "total_employees": 15,
      "filing_date": "2026-06-30"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-07-01",
      "period_label": "July 2026",
      "notes": [
        "Regulatory assets under management went from $161,055,177 to $1,158,534,419 (+619%)."
      ]
    },
    {
      "period": "2026-06-01",
      "period_label": "June 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 12 to 7.",
        "No longer lists an office in Washington, DC.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/forest-road-asset-management-llc-los-angeles-ca-315600.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 7,
      "fewer_than_5": false,
      "raum": 543649633.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": null,
      "fewer_than_5": true,
      "raum": 600000000.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": null,
      "fewer_than_5": true,
      "raum": 14884786.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/315600",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}