{
  "crd_number": 322042,
  "slug": "galapagos-advisory-llc-miami-fl-322042",
  "primary_business_name": "GALAPAGOS ADVISORY LLC",
  "legal_name": "GALAPAGOS ADVISORY LLC",
  "dbas": [],
  "city": "Miami",
  "state": "FL",
  "country": "United States",
  "cbsa_code": "33100",
  "metro": {
    "cbsa_code": "33100",
    "common_name": "Miami",
    "msa_name": "Miami-Fort Lauderdale-West Palm Beach, FL",
    "path": "/advisors/fl/miami"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2024-02-22",
  "years_registered": 2,
  "period": "2026-10-01",
  "filing_date": "2026-03-31",
  "carried_forward": false,
  "raum_total": 395742652.0,
  "raum_discretionary": 183460132.0,
  "raum_non_discretionary": 212282520.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 8,
  "advisory_employees": 6,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 16691265.0,
      "count": 69
    },
    "high_net_worth_individuals": {
      "raum": 61461848.0,
      "count": 16
    },
    "corporations_other_businesses": {
      "raum": 317589539.0,
      "count": 125
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "FL",
    "TX"
  ],
  "websites": [
    "https://galapagoscapital.us/advisory.html"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/322042",
  "city_as_filed": "MIAMI",
  "url": "https://advisorcensus.com/firm/galapagos-advisory-llc-miami-fl-322042",
  "display_name": "Galapagos Advisory LLC",
  "summary": "Galapagos Advisory LLC is an SEC-registered investment advisory firm in Miami, FL, registered since 2024, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 31, 2026.",
  "citation": "AdvisorCensus. Galapagos Advisory LLC (CRD 322042): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Pension consulting services",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Galapagos Advisory LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Galapagos Advisory LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Galapagos Advisory LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated March 31, 2026 states: Asset-based fee: 0.5% to 1.5% a year (a range, as the brochure states it); Flat fee: $1,000 to $10,000 a quarter (Galapagos portfolio consolidation service). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Galapagos Advisory LLC located?",
      "a": "Galapagos Advisory LLC's principal office is in Miami, FL, according to its Form ADV."
    },
    {
      "q": "Is Galapagos Advisory LLC registered with the SEC or a state?",
      "a": "Galapagos Advisory LLC is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 322042."
    },
    {
      "q": "How much does Galapagos Advisory LLC manage?",
      "a": "Galapagos Advisory LLC reports $395,742,652 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (46% discretionary)."
    },
    {
      "q": "How have Galapagos Advisory LLC's assets and staff changed since 2022?",
      "a": "In the Form ADV data for Galapagos Advisory LLC: Regulatory assets under management: $0 in the October 2022 data and $395,742,652 in the October 2026 data. Total employees: 2 in October 2022 and 8 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Galapagos Advisory LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: corporations or other businesses not listed above (125); individuals (other than high net worth individuals) (69); high net worth individuals (16)."
    },
    {
      "q": "Which custodians does Galapagos Advisory LLC use?",
      "a": "Galapagos Advisory LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Andbanc Brokerage, LLC, Charles Schwab & Co., Inc., J.P. Morgan Securities LLC and Morgan Stanley as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Galapagos Advisory 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/322042"
    },
    {
      "q": "Does Galapagos Advisory LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 31, 2026 says: \"We generally require a minimum account size of $250,000. At our sole discretion, we may waive or lower the required account minimum.\""
    },
    {
      "q": "What changed in Galapagos Advisory LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $274,862,189 to $395,742,652 (+44%). Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 0.0,
      "total_employees": 2,
      "filing_date": "2022-09-22"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 106646343.0,
      "total_employees": 6,
      "filing_date": "2024-08-21"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 274862189.0,
      "total_employees": 8,
      "filing_date": "2025-05-01"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 395742652.0,
      "total_employees": 8,
      "filing_date": "2026-03-31"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $274,862,189 to $395,742,652 (+44%).",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Employees performing advisory functions went from 4 to 6."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 31, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": "0.5% to 1.5% a year",
    "stated_maximum": null,
    "account_minimum": "$250,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Flat fee: $1,000 to $10,000 a quarter (Galapagos portfolio consolidation service)"
    ],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 0.5% to 1.5% a year (a range, as the brochure states it)"
        ],
        "quotes": [
          "Fees generally range from 0.5% to 1.5% but may be negotiated at our discretion and may vary from client to client based on the assets managed, related accounts, and other services provided as set out in the Client Agreement."
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $250,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "We generally require a minimum account size of $250,000. At our sole discretion, we may waive or lower the required account minimum."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $1,000 to $10,000 a quarter (Galapagos portfolio consolidation service)"
        ],
        "quotes": [
          "Pricing for the Galapagos portfolio consolidation service is a fixed dollar amount per year based on the number of custodians, the number of investment positions, and the ease of access to the data ... Pricing ranges from $1,000 to $10,000 per quarter"
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": [
        0.5,
        1.5
      ],
      "max_pct": null,
      "account_minimum": 250000.0,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "flat",
          "amount": null,
          "min": 1000.0,
          "max": 10000.0,
          "period": "quarterly",
          "service": "Galapagos portfolio consolidation service"
        }
      ]
    },
    "quotes": [
      "Fees generally range from 0.5% to 1.5% but may be negotiated at our discretion and may vary from client to client based on the assets managed, related accounts, and other services provided as set out in the Client Agreement.",
      "We generally require a minimum account size of $250,000. At our sole discretion, we may waive or lower the required account minimum.",
      "Pricing for the Galapagos portfolio consolidation service is a fixed dollar amount per year based on the number of custodians, the number of investment positions, and the ease of access to the data ... Pricing ranges from $1,000 to $10,000 per quarter"
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Andbanc Brokerage, LLC",
      "name_as_filed": "ANDBANC BROKERAGE, LLC",
      "affiliated": false
    },
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "J.P. Morgan Securities LLC",
      "name_as_filed": "J.P. MORGAN SECURITIES LLC",
      "affiliated": false
    },
    {
      "name": "Morgan Stanley",
      "name_as_filed": "MORGAN STANLEY",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/galapagos-advisory-llc-miami-fl-322042.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 69,
      "fewer_than_5": false,
      "raum": 16691265.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 16,
      "fewer_than_5": false,
      "raum": 61461848.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 125,
      "fewer_than_5": false,
      "raum": 317589539.0
    }
  ],
  "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/322042",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}