# Frank, Rimerman Advisors LLC

> Frank, Rimerman Advisors LLC is an SEC-registered investment advisory firm in Palo Alto, CA, registered since 2003, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 28, 2026.

- CRD: 124147
- Filed as: FRANK, RIMERMAN ADVISORS LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Palo Alto, CA
- Filing period: October 2026
- Form ADV filing dated: March 28, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/124147
- AdvisorCensus page: https://advisorcensus.com/firm/frank-rimerman-advisors-llc-palo-alto-ca-124147

## Quick answers

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

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

**Is Frank, Rimerman Advisors LLC registered with the SEC or a state?**
Frank, Rimerman Advisors LLC is an SEC-registered investment advisory firm, registered since 2003. Status as filed: Approved. CRD 124147.

**How much does Frank, Rimerman Advisors LLC manage?**
Frank, Rimerman Advisors LLC reports $3,399,039,031 in regulatory assets under management in its Form ADV filing dated March 28, 2026 (74% discretionary).

**How have Frank, Rimerman Advisors LLC's assets and staff changed since 2021?**
In the Form ADV data for Frank, Rimerman Advisors LLC: Regulatory assets under management: $1,450,311,875 in the October 2021 data and $3,399,039,031 in the October 2026 data, up 134%. Total employees: 4 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 Frank, Rimerman Advisors LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (106).

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

**Does Frank, Rimerman 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/124147

**What changed in Frank, Rimerman Advisors LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $3,018,353,573 to $3,399,039,031 (+13%). Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 28, 2026)

- Minimum annual fee: $15,000

> New FRA clients generally have a minimum fee of $15,000 annually.

> We, in certain circumstances, negotiate a reduced annual minimum to avoid charging fees deemed to be excessive.

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.
- National Financial Services 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: $3,399,039,031
- Discretionary: $2,499,415,832
- Non-discretionary: $899,623,199

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| High net worth individuals | 106 | $3,391,177,402 |
| Charitable organizations | Fewer than 5 | $7,861,629 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)
- Other

### Firm details
- Registered since: 2003 (23 years)
- Employees: 5 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, TX
- 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
- San Francisco, CA

### Websites listed on Form ADV (Item 1.I)
- frankrimerman.com/services-for-individuals/private-wealth-management

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,450,311,875 | 4 | March 30, 2021 |
| October 2022 | $1,378,966,079 | 4 | March 31, 2022 |
| October 2023 | $1,704,282,026 | 4 | August 4, 2023 |
| October 2024 | $2,013,460,339 | 5 | September 6, 2024 |
| October 2025 | $3,018,353,573 | 5 | March 26, 2025 |
| October 2026 | $3,399,039,031 | 5 | March 28, 2026 |

Regulatory assets under management: $1,450,311,875 in the October 2021 data and $3,399,039,031 in the October 2026 data, up 134%.
Total employees: 4 in October 2021 and 5 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $3,018,353,573 to $3,399,039,031 (+13%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Frank, Rimerman Advisors LLC (CRD 124147): Form ADV filing data as of October 2026.