{
  "crd_number": 324941,
  "slug": "hedonova-advisors-llc-post-falls-id-324941",
  "primary_business_name": "HEDONOVA ADVISORS LLC",
  "legal_name": "HEDONOVA ADVISORS LLC",
  "dbas": [],
  "city": "Post Falls",
  "state": "ID",
  "country": "United States",
  "cbsa_code": "17660",
  "metro": {
    "cbsa_code": "17660",
    "common_name": "Coeur d'Alene",
    "msa_name": "Coeur d'Alene, ID",
    "path": "/advisors/id/coeur-d-alene"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2023-09-29",
  "years_registered": 3,
  "period": "2026-10-01",
  "filing_date": "2024-11-27",
  "carried_forward": false,
  "raum_total": 643194000.0,
  "raum_discretionary": 643194000.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 41,
  "advisory_employees": 11,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 0.0,
      "count": null
    },
    "investment_companies": {
      "raum": 65765000.0,
      "count": 19
    },
    "high_net_worth_individuals": {
      "raum": 384949000.0,
      "count": 2817
    },
    "corporations_other_businesses": {
      "raum": 82480000.0,
      "count": 17
    },
    "sovereign_wealth_foreign_official": {
      "raum": 110000000.0,
      "count": null,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 1,
  "states_registered": [
    "CO"
  ],
  "websites": [
    "https://hedonova.io",
    "https://instagram.com/hedonova",
    "https://linkedin.com/company/hedonova",
    "https://twitter.com/hedonovafund"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/324941",
  "disclosure_items": [
    {
      "item": "11.H(2)",
      "question": "Is the firm or an advisory affiliate now the subject of a civil proceeding that could result in a yes answer to any part of 11.H(1)?"
    }
  ],
  "city_as_filed": "POST FALLS",
  "url": "https://advisorcensus.com/firm/hedonova-advisors-llc-post-falls-id-324941",
  "display_name": "Hedonova Advisors LLC",
  "summary": "Hedonova Advisors LLC is an SEC-registered investment advisory firm in Post Falls, ID, registered since 2023, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated November 27, 2024.",
  "citation": "AdvisorCensus. Hedonova Advisors LLC (CRD 324941): 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 Hedonova Advisors LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Hedonova 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."
    },
    {
      "q": "Where is Hedonova Advisors LLC located?",
      "a": "Hedonova Advisors LLC's principal office is in Post Falls, ID, according to its Form ADV."
    },
    {
      "q": "Is Hedonova Advisors LLC registered with the SEC or a state?",
      "a": "Hedonova Advisors LLC is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 324941."
    },
    {
      "q": "How much does Hedonova Advisors LLC manage?",
      "a": "Hedonova Advisors LLC reports $643,194,000 in regulatory assets under management in its Form ADV filing dated November 27, 2024 (100% discretionary)."
    },
    {
      "q": "How have Hedonova Advisors LLC's assets and staff changed since 2023?",
      "a": "In the Form ADV data for Hedonova Advisors LLC: Regulatory assets under management: $444,608,000 in the October 2023 data and $643,194,000 in the October 2026 data, up 45%. Total employees: 30 in October 2023 and 41 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Hedonova Advisors LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (2,817); investment companies (19); corporations or other businesses not listed above (17)."
    },
    {
      "q": "Does Hedonova Advisors LLC report any disciplinary disclosures?",
      "a": "Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.H(2) (pending civil proceeding). 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/324941"
    }
  ],
  "filing_history": [
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 444608000.0,
      "total_employees": 30,
      "filing_date": "2023-09-29"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 823806897.0,
      "total_employees": 22,
      "filing_date": "2024-05-03"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 643194000.0,
      "total_employees": 41,
      "filing_date": "2024-11-27"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 643194000.0,
      "total_employees": 41,
      "filing_date": "2024-11-27"
    }
  ],
  "recent_changes": [],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/hedonova-advisors-llc-post-falls-id-324941.md",
  "clients": [
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 2817,
      "fewer_than_5": false,
      "raum": 384949000.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 19,
      "fewer_than_5": false,
      "raum": 65765000.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": null,
      "fewer_than_5": true,
      "raum": 110000000.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 17,
      "fewer_than_5": false,
      "raum": 82480000.0
    }
  ],
  "disclosure_line": "Reports 1 disclosure item 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/324941",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}