{ "crd_number": 310498, "slug": "fundsmith-investment-services-limited-beaux-songes-310498", "primary_business_name": "FUNDSMITH INVESTMENT SERVICES LIMITED", "legal_name": "FUNDSMITH INVESTMENT SERVICES LIMITED", "dbas": [], "city": "Beaux Songes", "state": null, "country": "Mauritius", "cbsa_code": null, "metro": null, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2023-11-02", "years_registered": 2, "period": "2026-10-01", "filing_date": "2026-06-29", "carried_forward": false, "raum_total": 24575319221.0, "raum_discretionary": 23812073200.0, "raum_non_discretionary": 763246021.0, "raum_band": "over_5b", "raum_band_label": "Over $5 billion", "total_employees": 12, "advisory_employees": 2, "client_count_bucket": null, "clients_by_type": { "investment_companies": { "raum": 86629526.0, "count": 2 }, "pooled_investment_vehicles": { "raum": 24488689695.0, "count": 11 } }, "compensation_types": [ "percentage_of_aum" ], "advisory_activities": [ "portfolio_management_investment_companies", "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [], "websites": [], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/310498", "city_as_filed": "BEAUX SONGES", "url": "https://advisorcensus.com/firm/fundsmith-investment-services-limited-beaux-songes-310498", "display_name": "Fundsmith Investment Services Limited", "summary": "Fundsmith Investment Services Limited is an SEC-registered investment advisory firm in Beaux Songes, Mauritius, registered since 2023, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated June 29, 2026.", "citation": "AdvisorCensus. Fundsmith Investment Services Limited (CRD 310498): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management" ], "advisory_activity_labels": [ "Portfolio management for investment companies (and business development companies)", "Portfolio management for pooled investment vehicles (other than investment companies)" ], "quick_answers": [ { "q": "How is Fundsmith Investment Services Limited compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Fundsmith Investment Services Limited reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure." }, { "q": "Where is Fundsmith Investment Services Limited located?", "a": "Fundsmith Investment Services Limited's principal office is in Beaux Songes, Mauritius, according to its Form ADV." }, { "q": "Is Fundsmith Investment Services Limited registered with the SEC or a state?", "a": "Fundsmith Investment Services Limited is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 310498." }, { "q": "How much does Fundsmith Investment Services Limited manage?", "a": "Fundsmith Investment Services Limited reports $24,575,319,221 in regulatory assets under management in its Form ADV filing dated June 29, 2026 (97% discretionary)." }, { "q": "How have Fundsmith Investment Services Limited's assets and staff changed since 2021?", "a": "In the Form ADV data for Fundsmith Investment Services Limited: Regulatory assets under management: $48,627,546,941 in the October 2024 data and $24,575,319,221 in the October 2026 data, down 49%. Total employees: 12 in October 2024 and 12 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Fundsmith Investment Services Limited serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (11); investment companies (2)." }, { "q": "Does Fundsmith Investment Services Limited 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/310498" }, { "q": "What changed in Fundsmith Investment Services Limited's recent Form ADV filings?", "a": "In the July 2026 filing data: Regulatory assets under management went from $40,033,432,932 to $24,575,319,221 (-39%)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": null, "total_employees": null, "filing_date": "2021-03-26" }, { "period": "2024-10-01", "regulatory_assets_under_management": 48627546941.0, "total_employees": 12, "filing_date": "2024-06-27" }, { "period": "2025-10-01", "regulatory_assets_under_management": 40033432932.0, "total_employees": 12, "filing_date": "2025-06-27" }, { "period": "2026-10-01", "regulatory_assets_under_management": 24575319221.0, "total_employees": 12, "filing_date": "2026-06-29" } ], "recent_changes": [ { "period": "2026-07-01", "period_label": "July 2026", "notes": [ "Regulatory assets under management went from $40,033,432,932 to $24,575,319,221 (-39%)." ] } ], "fees_from_brochure": null, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/fundsmith-investment-services-limited-beaux-songes-310498.md", "clients": [ { "type": "investment_companies", "label": "Investment companies", "count": 2, "fewer_than_5": false, "raum": 86629526.0 }, { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 11, "fewer_than_5": false, "raum": 24488689695.0 } ], "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/310498", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }