{
  "crd_number": 136566,
  "slug": "greenstone-partners-llc-larkspur-ca-136566",
  "primary_business_name": "GREENSTONE PARTNERS, LLC",
  "legal_name": "GREENSTONE PARTNERS, LLC",
  "dbas": [],
  "city": "Larkspur",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "41860",
  "metro": {
    "cbsa_code": "41860",
    "common_name": "San Francisco",
    "msa_name": "San Francisco-Oakland-Fremont, CA",
    "path": "/advisors/ca/san-francisco"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2024-07-15",
  "years_registered": 2,
  "period": "2026-10-01",
  "filing_date": "2026-06-12",
  "carried_forward": false,
  "raum_total": 499304934.0,
  "raum_discretionary": 499304934.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 5,
  "advisory_employees": 3,
  "client_count_bucket": null,
  "clients_by_type": {
    "pooled_investment_vehicles": {
      "raum": 499304934.0,
      "count": 1
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA"
  ],
  "websites": [
    "https://greenstonepartners.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/136566",
  "city_as_filed": "LARKSPUR",
  "url": "https://advisorcensus.com/firm/greenstone-partners-llc-larkspur-ca-136566",
  "display_name": "Greenstone Partners, LLC",
  "summary": "Greenstone Partners, LLC is an SEC-registered investment advisory firm in Larkspur, CA, registered since 2024, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated June 12, 2026.",
  "citation": "AdvisorCensus. Greenstone Partners, LLC (CRD 136566): 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 pooled investment vehicles (other than investment companies)"
  ],
  "quick_answers": [
    {
      "q": "How is Greenstone Partners, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Greenstone Partners, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees."
    },
    {
      "q": "How much does Greenstone Partners, LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated June 12, 2026 states: Asset-based fee: 1% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Greenstone Partners, LLC located?",
      "a": "Greenstone Partners, LLC's principal office is in Larkspur, CA, according to its Form ADV."
    },
    {
      "q": "Is Greenstone Partners, LLC registered with the SEC or a state?",
      "a": "Greenstone Partners, LLC is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 136566."
    },
    {
      "q": "How much does Greenstone Partners, LLC manage?",
      "a": "Greenstone Partners, LLC reports $499,304,934 in regulatory assets under management in its Form ADV filing dated June 12, 2026 (100% discretionary)."
    },
    {
      "q": "How have Greenstone Partners, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Greenstone Partners, LLC: Regulatory assets under management: $219,736,003 in the October 2024 data and $499,304,934 in the October 2026 data, up 127%. Total employees: 6 in October 2024 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Greenstone Partners, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (1)."
    },
    {
      "q": "Does Greenstone Partners, 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/136566"
    },
    {
      "q": "Does Greenstone Partners, LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated June 12, 2026 says: \"Investors in the Fund are generally required to invest a minimum of $5,000,000, but Greenstone may waive, and has waived, this minimum.\""
    },
    {
      "q": "What changed in Greenstone Partners, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $426,277,674 to $499,304,934 (+17%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": null,
      "total_employees": null,
      "filing_date": "2021-03-30"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": null,
      "total_employees": null,
      "filing_date": "2022-09-29"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": null,
      "total_employees": null,
      "filing_date": "2023-03-16"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 219736003.0,
      "total_employees": 6,
      "filing_date": "2024-06-06"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 426277674.0,
      "total_employees": 5,
      "filing_date": "2025-05-01"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 499304934.0,
      "total_employees": 5,
      "filing_date": "2026-06-12"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $426,277,674 to $499,304,934 (+17%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated June 12, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": "1% of assets a year",
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$5,000,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 1% of assets a year"
        ],
        "quotes": [
          "As compensation, Greenstone typically charges a 1% annual management fee with respect to each investor in the Fund for both Class A and Class B investors, payable in quarterly installments at the beginning of each calendar quarter based on the net market value of each investor’s capital account balance on that date."
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $5,000,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "Investors in the Fund are generally required to invest a minimum of $5,000,000, but Greenstone may waive, and has waived, this minimum."
        ]
      }
    ],
    "values": {
      "tiers": [
        {
          "min": null,
          "max": null,
          "rate_pct": 1.0
        }
      ],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 5000000.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "As compensation, Greenstone typically charges a 1% annual management fee with respect to each investor in the Fund for both Class A and Class B investors, payable in quarterly installments at the beginning of each calendar quarter based on the net market value of each investor’s capital account balance on that date.",
      "Investors in the Fund are generally required to invest a minimum of $5,000,000, but Greenstone may waive, and has waived, this minimum."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/greenstone-partners-llc-larkspur-ca-136566.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 1,
      "fewer_than_5": false,
      "raum": 499304934.0
    }
  ],
  "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/136566",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}