{ "crd_number": 314868, "slug": "grayscale-advisors-stamford-ct-314868", "primary_business_name": "GRAYSCALE ADVISORS", "legal_name": "GRAYSCALE ADVISORS, LLC", "dbas": [], "city": "Stamford", "state": "CT", "country": "United States", "cbsa_code": "14860", "metro": { "cbsa_code": "14860", "common_name": "Bridgeport", "msa_name": "Bridgeport-Stamford-Danbury, CT", "path": "/advisors/ct/bridgeport" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2022-01-03", "years_registered": 4, "period": "2026-10-01", "filing_date": "2026-08-05", "carried_forward": false, "raum_total": 60561877.0, "raum_discretionary": 47253052.0, "raum_non_discretionary": 13308825.0, "raum_band": "25m_100m", "raum_band_label": "$25 million to $100 million", "total_employees": 126, "advisory_employees": 27, "client_count_bucket": null, "clients_by_type": { "investment_companies": { "raum": 47447883.0, "count": 6 }, "pooled_investment_vehicles": { "raum": 13113994.0, "count": 2 } }, "compensation_types": [ "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_businesses_institutional", "portfolio_management_investment_companies", "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 4, "states_registered": [ "CT", "NY" ], "websites": [ "https://grayscale.com/private-funds/gdif" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/314868", "disclosure_items": [ { "item": "11.C(1)", "question": "Has the SEC or the CFTC ever found that the firm or an advisory affiliate made a false statement or omission?" }, { "item": "11.C(2)", "question": "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?" }, { "item": "11.C(4)", "question": "Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?" }, { "item": "11.C(5)", "question": "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?" } ], "city_as_filed": "STAMFORD", "url": "https://advisorcensus.com/firm/grayscale-advisors-stamford-ct-314868", "display_name": "Grayscale Advisors", "summary": "Grayscale Advisors is an SEC-registered investment advisory firm in Stamford, CT, registered since 2022, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated August 5, 2026.", "citation": "AdvisorCensus. Grayscale Advisors (CRD 314868): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Performance-based fees" ], "advisory_activity_labels": [ "Portfolio management for investment companies (and business development companies)", "Portfolio management for pooled investment vehicles (other than investment companies)", "Portfolio management for businesses (other than small businesses) or institutional clients" ], "quick_answers": [ { "q": "How is Grayscale Advisors compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Grayscale Advisors reports these compensation arrangements: a percentage of assets under its management; performance-based fees." }, { "q": "Where is Grayscale Advisors located?", "a": "Grayscale Advisors' principal office is in Stamford, CT, according to its Form ADV." }, { "q": "Is Grayscale Advisors registered with the SEC or a state?", "a": "Grayscale Advisors is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 314868." }, { "q": "How much does Grayscale Advisors manage?", "a": "Grayscale Advisors reports $60,561,877 in regulatory assets under management in its Form ADV filing dated August 5, 2026 (78% discretionary)." }, { "q": "How have Grayscale Advisors' assets and staff changed since 2021?", "a": "In the Form ADV data for Grayscale Advisors: Regulatory assets under management: $0 in the October 2021 data and $60,561,877 in the October 2026 data. Total employees: 6 in October 2021 and 126 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Grayscale Advisors serve?", "a": "By number of clients on Form ADV Item 5.D: investment companies (6); pooled investment vehicles (other than investment companies and business development companies) (2)." }, { "q": "Does Grayscale Advisors report any disciplinary disclosures?", "a": "Reports 4 disclosure items on Form ADV Item 11: yes answers to 11.C(1) (SEC or CFTC finding of a false statement or omission), 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/314868" }, { "q": "What changed in Grayscale Advisors' recent Form ADV filings?", "a": "In the August 2026 filing data: Updated its list of owners and control persons (Schedule A)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 0.0, "total_employees": 6, "filing_date": "2021-05-27" }, { "period": "2022-10-01", "regulatory_assets_under_management": 11200000.0, "total_employees": 20, "filing_date": "2022-08-03" }, { "period": "2023-10-01", "regulatory_assets_under_management": 3429924.0, "total_employees": 60, "filing_date": "2023-03-31" }, { "period": "2024-10-01", "regulatory_assets_under_management": 7846850.0, "total_employees": 73, "filing_date": "2024-08-20" }, { "period": "2025-10-01", "regulatory_assets_under_management": 2301084.0, "total_employees": 117, "filing_date": "2025-05-08" }, { "period": "2026-10-01", "regulatory_assets_under_management": 60561877.0, "total_employees": 126, "filing_date": "2026-08-05" } ], "recent_changes": [ { "period": "2026-08-01", "period_label": "August 2026", "notes": [ "Updated its list of owners and control persons (Schedule A)." ] }, { "period": "2026-07-01", "period_label": "July 2026", "notes": [ "Updated its list of owners and control persons (Schedule A)." ] }, { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 23 to 27.", "Regulatory assets under management went from $2,301,084 to $60,561,877 (+2532%)." ] }, { "period": "2025-12-01", "period_label": "December 2025", "notes": [ "Updated its list of owners and control persons (Schedule A)." ] } ], "fees_from_brochure": null, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/grayscale-advisors-stamford-ct-314868.md", "clients": [ { "type": "investment_companies", "label": "Investment companies", "count": 6, "fewer_than_5": false, "raum": 47447883.0 }, { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 2, "fewer_than_5": false, "raum": 13113994.0 } ], "disclosure_line": "Reports 4 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/314868", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }