# Hammes Realty Advisors, LLC

> Hammes Realty Advisors, LLC is an SEC-registered investment advisory firm in Milwaukee, WI, registered since 2013, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 27, 2026.

- CRD: 165693
- Filed as: HAMMES REALTY ADVISORS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Milwaukee, WI
- Filing period: October 2026
- Form ADV filing dated: March 27, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/165693
- AdvisorCensus page: https://advisorcensus.com/firm/hammes-realty-advisors-llc-milwaukee-wi-165693

## Quick answers

**How is Hammes Realty Advisors, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Hammes Realty Advisors, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Hammes Realty Advisors, LLC located?**
Hammes Realty Advisors, LLC's principal office is in Milwaukee, WI, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Hammes Realty Advisors, LLC registered with the SEC or a state?**
Hammes Realty Advisors, LLC is an SEC-registered investment advisory firm, registered since 2013. Status as filed: Approved. CRD 165693.

**How much does Hammes Realty Advisors, LLC manage?**
Hammes Realty Advisors, LLC reports $2,020,277,795 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary).

**How have Hammes Realty Advisors, LLC's assets and staff changed since 2021?**
In the Form ADV data for Hammes Realty Advisors, LLC: Regulatory assets under management: $828,414,200 in the October 2021 data and $2,020,277,795 in the October 2026 data, up 144%. Total employees: 28 in October 2021 and 40 in October 2026. Assets under management move with markets as well as with clients coming and going.

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

**Does Hammes Realty Advisors, LLC report any disciplinary disclosures?**
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/165693

**What changed in Hammes Realty Advisors, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 33 to 40. Regulatory assets under management went from $1,812,069,953 to $2,020,277,795 (+11%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Regulatory assets under management (Item 5.F)
- Total: $2,020,277,795
- Discretionary: $2,020,277,795
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 5 | $2,020,277,795 |

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

### Firm details
- Registered since: 2013 (12 years)
- Employees: 40 total, 40 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: TX, WI
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Dallas, TX

### Websites listed on Form ADV (Item 1.I)
- [hammes.com](https://hammes.com)
- [hammespartners.com](https://hammespartners.com)
- LinkedIn @HAMMES-PARTNERS
- LinkedIn @hammes

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $828,414,200 | 28 | March 26, 2021 |
| October 2022 | $1,063,145,871 | 28 | March 31, 2022 |
| October 2023 | $1,509,379,344 | 34 | March 30, 2023 |
| October 2024 | $1,665,275,777 | 33 | March 27, 2024 |
| October 2025 | $1,812,069,953 | 33 | March 28, 2025 |
| October 2026 | $2,020,277,795 | 40 | March 27, 2026 |

Regulatory assets under management: $828,414,200 in the October 2021 data and $2,020,277,795 in the October 2026 data, up 144%.
Total employees: 28 in October 2021 and 40 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 33 to 40.
- Regulatory assets under management went from $1,812,069,953 to $2,020,277,795 (+11%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Hammes Realty Advisors, LLC (CRD 165693): Form ADV filing data as of October 2026.