# Fundrise Advisors, LLC

> Fundrise Advisors, LLC is an SEC-registered investment advisory firm in Washington, DC, registered since 2014, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated September 16, 2026.

- CRD: 172036
- Filed as: FUNDRISE ADVISORS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Washington, DC
- Filing period: October 2026
- Form ADV filing dated: September 16, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/172036
- AdvisorCensus page: https://advisorcensus.com/firm/fundrise-advisors-llc-washington-dc-172036

## Quick answers

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

**How much does Fundrise Advisors, LLC charge?**
Its Form ADV Part 2A brochure dated May 12, 2026 states: Asset-based fee: 0.15% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Fundrise Advisors, LLC located?**
Fundrise Advisors, LLC's principal office is in Washington, DC, according to its Form ADV.

**Is Fundrise Advisors, LLC registered with the SEC or a state?**
Fundrise Advisors, LLC is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 172036.

**How much does Fundrise Advisors, LLC manage?**
Fundrise Advisors, LLC reports $3,462,801,000 in regulatory assets under management in its Form ADV filing dated September 16, 2026 (100% discretionary).

**How have Fundrise Advisors, LLC's assets and staff changed since 2021?**
In the Form ADV data for Fundrise Advisors, LLC: Regulatory assets under management: $1,476,226,000 in the October 2021 data and $3,462,801,000 in the October 2026 data, up 135%. Total employees: 0 in October 2021 and 0 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Fundrise Advisors, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (402,927); pooled investment vehicles (other than investment companies and business development companies) (12); investment companies (3).

**Does Fundrise Advisors, LLC report any disciplinary disclosures?**
Reports 3 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation), 11.C(4) (SEC or CFTC order), and 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/172036

**What changed in Fundrise Advisors, LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $3,030,188,000 to $3,462,801,000 (+14%).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated May 12, 2026)

- Asset-based fee: 0.15% of assets a year

> Fundrise Advisors currently charges each Individual Client an annualized fee of 0.15% of such Individual Client’s asset under management;

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

### Regulatory assets under management (Item 5.F)
- Total: $3,462,801,000
- Discretionary: $3,462,801,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 402,927 | $0 |
| Investment companies | 3 | $2,521,867,000 |
| Pooled investment vehicles (other than investment companies and business development companies) | 12 | $940,934,000 |

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

### Firm details
- Registered since: 2014 (12 years)
- Employees: 0 total, 0 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY
- Disclosures (Item 11): Reports 3 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.C(2): Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?
- 11.C(4): Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.C(5): Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/172036

### Websites listed on Form ADV (Item 1.I)
- [fundrise.com](https://fundrise.com)
- Facebook @FUNDRISE
- Instagram @FUNDRISE
- LinkedIn @FUNDRISE
- X @fundrise

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,476,226,000 | 0 | March 31, 2021 |
| October 2022 | $2,650,194,000 | 0 | September 19, 2022 |
| October 2023 | $3,335,990,000 | 0 | August 28, 2023 |
| October 2024 | $2,868,475,000 | 0 | March 18, 2024 |
| October 2025 | $3,030,188,000 | 0 | March 24, 2025 |
| October 2026 | $3,462,801,000 | 0 | September 16, 2026 |

Regulatory assets under management: $1,476,226,000 in the October 2021 data and $3,462,801,000 in the October 2026 data, up 135%.
Total employees: 0 in October 2021 and 0 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $3,030,188,000 to $3,462,801,000 (+14%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Fundrise Advisors, LLC (CRD 172036): Form ADV filing data as of October 2026.