{
  "crd_number": 284665,
  "slug": "gao-investments-las-vegas-nv-284665",
  "primary_business_name": "GAO INVESTMENTS",
  "legal_name": "GAO MANAGEMENT LLC",
  "dbas": [],
  "city": "Las Vegas",
  "state": "NV",
  "country": "United States",
  "cbsa_code": "29820",
  "metro": {
    "cbsa_code": "29820",
    "common_name": "Las Vegas",
    "msa_name": "Las Vegas-Henderson-North Las Vegas, NV",
    "path": "/advisors/nv/las-vegas"
  },
  "registration_type": "state",
  "registration_status": "APPROVED",
  "registration_date": "2022-08-17",
  "years_registered": 4,
  "period": "2026-10-01",
  "filing_date": "2025-02-26",
  "carried_forward": false,
  "raum_total": 0.0,
  "raum_discretionary": 0.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "under_25m",
  "raum_band_label": "Under $25 million",
  "total_employees": 1,
  "advisory_employees": 1,
  "client_count_bucket": null,
  "clients_by_type": null,
  "compensation_types": [
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 2,
  "states_registered": [
    "NV"
  ],
  "websites": [
    "https://gaoinvestments.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/284665",
  "disclosure_items": [
    {
      "item": "11.D(2)",
      "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?"
    },
    {
      "item": "11.D(4)",
      "question": "In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?"
    }
  ],
  "city_as_filed": "LAS VEGAS",
  "url": "https://advisorcensus.com/firm/gao-investments-las-vegas-nv-284665",
  "display_name": "GAO Investments",
  "summary": "GAO Investments is a state-registered investment advisory firm in Las Vegas, NV, registered since 2022, reporting under $25 million in regulatory assets under management in its Form ADV filing dated February 26, 2025.",
  "citation": "AdvisorCensus. GAO Investments (CRD 284665): Form ADV filing data as of October 2026.",
  "registration_type_label": "State-registered investment adviser",
  "compensation_labels": [
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is GAO Investments compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), GAO Investments reports these compensation arrangements: performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is GAO Investments located?",
      "a": "GAO Investments' principal office is in Las Vegas, NV, according to its Form ADV."
    },
    {
      "q": "Is GAO Investments registered with the SEC or a state?",
      "a": "GAO Investments is a state-registered investment advisory firm, registered since 2022. Status as filed: APPROVED. CRD 284665."
    },
    {
      "q": "How much does GAO Investments manage?",
      "a": "GAO Investments reports $0 in regulatory assets under management in its Form ADV filing dated February 26, 2025."
    },
    {
      "q": "How have GAO Investments' assets and staff changed since 2021?",
      "a": "In the Form ADV data for GAO Investments: Regulatory assets under management: $409,391 in the October 2021 data and $0 in the October 2026 data, down 100%. Total employees: 1 in October 2021 and 1 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "Does GAO Investments report any disciplinary disclosures?",
      "a": "Reports 2 disclosure items on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation) and 11.D(4) (another regulator's order in the past ten years). 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 public record on IAPD: https://adviserinfo.sec.gov/firm/summary/284665"
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 409391.0,
      "total_employees": 1,
      "filing_date": "2021-09-16"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 0.0,
      "total_employees": 1,
      "filing_date": "2025-02-26"
    }
  ],
  "recent_changes": [],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/gao-investments-las-vegas-nv-284665.md",
  "clients": [],
  "disclosure_line": "Reports 2 disclosure items on Form ADV Item 11.",
  "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/284665",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}