# Gillespie Associates LLC.

> Gillespie Associates LLC. is a state-registered investment advisory firm in Carefree, AZ, registered since 1998, reporting under $25 million in regulatory assets under management in its Form ADV filing dated June 17, 2026.

- CRD: 116643
- Filed as: GILLESPIE ASSOCIATES LLC.
- Registration: State-registered investment adviser (status as filed: APPROVED)
- Location: Carefree, AZ
- Filing period: October 2026
- Form ADV filing dated: June 17, 2026
- Public record (IAPD): https://adviserinfo.sec.gov/firm/summary/116643
- AdvisorCensus page: https://advisorcensus.com/firm/gillespie-associates-llc-carefree-az-116643

## Quick answers

**How is Gillespie Associates LLC. compensated?**
On its Form ADV (Item 5.E, October 2026), Gillespie Associates LLC. reports these compensation arrangements: performance-based fees; other. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Gillespie Associates LLC. located?**
Gillespie Associates LLC.'s principal office is in Carefree, AZ, according to its Form ADV.

**Is Gillespie Associates LLC. registered with the SEC or a state?**
Gillespie Associates LLC. is a state-registered investment advisory firm, registered since 1998. Status as filed: APPROVED. CRD 116643.

**How much does Gillespie Associates LLC. manage?**
Gillespie Associates LLC. reports $3,069,408 in regulatory assets under management in its Form ADV filing dated June 17, 2026 (100% discretionary).

**What types of clients does Gillespie Associates LLC. serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (1).

**Does Gillespie Associates LLC. report any disciplinary disclosures?**
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/116643

## From the Form ADV filing

### Compensation (Item 5.E)
- Performance-based fees
- Other

### Regulatory assets under management (Item 5.F)
- Total: $3,069,408
- Discretionary: $3,069,408
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | Not reported |
| High net worth individuals | 0 | Not reported |
| Banking or thrift institutions | 0 | Not reported |
| Investment companies | 0 | Not reported |
| Business development companies | 0 | Not reported |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $3,069,408 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | Not reported |
| Charitable organizations | 0 | Not reported |
| State or municipal government entities (including government pension plans) | 0 | Not reported |
| Other investment advisers | 0 | Not reported |
| Insurance companies | 0 | Not reported |
| Sovereign wealth funds and foreign official institutions | 0 | Not reported |
| Corporations or other businesses not listed above | 0 | Not reported |
| Other | 0 | Not reported |

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

### Firm details
- Registered since: 1998 (28 years)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: WA
- Disclosures (Item 11): Reports 2 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.D(2): 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?
- 11.D(4): 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?

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 public record on IAPD: https://adviserinfo.sec.gov/firm/summary/116643

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Gillespie Associates LLC. (CRD 116643): Form ADV filing data as of October 2026.