AdvisorCensus / Financial advisors / Illinois / Chicago / Hull Tactical
Hull Tactical is an SEC-registered investment advisory firm in Chicago, IL, registered since 2014, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 31, 2026.
Quick answers
From the filingHow is Hull Tactical compensated?
On its Form ADV (Item 5.E, October 2026), Hull Tactical reports these compensation arrangements: a percentage of assets under its management.
Where is Hull Tactical located?
Hull Tactical's principal office is in Chicago, IL, according to its Form ADV.
Is Hull Tactical registered with the SEC or a state?
Hull Tactical is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 171391.
How much does Hull Tactical manage?
Hull Tactical reports $176,989,567 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).
How have Hull Tactical's assets and staff changed since 2021?
In the Form ADV data for Hull Tactical: Regulatory assets under management: $48,615,782 in the October 2021 data and $176,989,567 in the October 2026 data, up 264%. Total employees: 9 in October 2021 and 11 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Hull Tactical serve?
By number of clients on Form ADV Item 5.D: high net worth individuals (1); investment companies (1).
Which custodians does Hull Tactical use?
Hull Tactical's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists ABN Amro Clearing USA LLC and Clear Street LLC as custodians holding 10% or more of its separately managed account assets.
Does Hull Tactical 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/171391
Does Hull Tactical state an account minimum?
Its Form ADV Part 2A brochure dated March 31, 2026 says: "With regard to the Separate Accounts, HTAA generally requires a minimum of $5,000,000 to open a Separate Account but may waive this minimum."
What changed in Hull Tactical's recent Form ADV filings?
In the April 2026 filing data: Regulatory assets under management went from $76,703,095 to $176,989,567 (+131%). Employees performing advisory functions went from 7 to 8.
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AThe brochure lists different fees for different services or strategies; see the brochure for them.
Account minimum: $5,000,000 (the brochure says it may be waived or negotiated)
The brochure's wording
With regard to the Separate Accounts, HTAA generally requires a minimum of $5,000,000 to open a Separate Account but may waive this minimum.
As stated in the firm's Form ADV Part 2A brochure dated March 31, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$176,989,567 as of October 2026, filing dated March 31, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies (and business development companies)
Registration and firm details
Items 1, 2, 5- Legal name
- Htaa, LLC
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2014 (12 years)
- Employees
- Total: 11. Performing investment advisory functions: 8.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.
- States registered or notice-filed
-
1 state or jurisdiction
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $176,989,567 | 11 | March 31, 2026 |
| October 2025 | $76,703,095 | 10 | March 31, 2025 |
| October 2024 | $65,883,401 | 15 | March 27, 2024 |
| October 2023 | $44,485,220 | 15 | March 22, 2023 |
| October 2022 | $50,331,618 | 15 | May 12, 2022 |
| October 2021 | $48,615,782 | 9 | September 20, 2021 |
Regulatory assets under management: $48,615,782 in the October 2021 data and $176,989,567 in the October 2026 data, up 264%.
Total employees: 9 in October 2021 and 11 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- April 2026
- Regulatory assets under management went from $76,703,095 to $176,989,567 (+131%).
- Employees performing advisory functions went from 7 to 8.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Hull Tactical (CRD 171391): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/hull-tactical-chicago-il-171391