{
  "crd_number": 286208,
  "slug": "idr-investment-management-llc-independence-oh-286208",
  "primary_business_name": "IDR INVESTMENT MANAGEMENT, LLC",
  "legal_name": "IDR INVESTMENT MANAGEMENT, LLC",
  "dbas": [],
  "city": "Independence",
  "state": "OH",
  "country": "United States",
  "cbsa_code": "17410",
  "metro": {
    "cbsa_code": "17410",
    "common_name": "Cleveland",
    "msa_name": "Cleveland, OH",
    "path": "/advisors/oh/cleveland"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2017-01-03",
  "years_registered": 9,
  "period": "2026-10-01",
  "filing_date": "2026-03-30",
  "carried_forward": false,
  "raum_total": 10186557933.0,
  "raum_discretionary": 10186557933.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 15,
  "advisory_employees": 13,
  "client_count_bucket": null,
  "clients_by_type": {
    "investment_companies": {
      "raum": 211404947.0,
      "count": 1
    },
    "pension_profit_sharing": {
      "raum": 729544438.0,
      "count": 2
    },
    "pooled_investment_vehicles": {
      "raum": 9245608548.0,
      "count": 6
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_investment_companies",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "OH"
  ],
  "websites": [
    "https://idrinvestments.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/286208",
  "city_as_filed": "INDEPENDENCE",
  "url": "https://advisorcensus.com/firm/idr-investment-management-llc-independence-oh-286208",
  "display_name": "IDR Investment Management, LLC",
  "summary": "IDR Investment Management, LLC is an SEC-registered investment advisory firm in Independence, OH, registered since 2017, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026.",
  "citation": "AdvisorCensus. IDR Investment Management, LLC (CRD 286208): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for investment companies (and business development companies)",
    "Portfolio management for pooled investment vehicles (other than investment companies)"
  ],
  "quick_answers": [
    {
      "q": "How is IDR Investment Management, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), IDR Investment Management, LLC reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "How much does IDR Investment Management, LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated March 30, 2026 states: Asset-based fee: 0.2% to 0.4% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is IDR Investment Management, LLC located?",
      "a": "IDR Investment Management, LLC's principal office is in Independence, OH, according to its Form ADV."
    },
    {
      "q": "Is IDR Investment Management, LLC registered with the SEC or a state?",
      "a": "IDR Investment Management, LLC is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 286208."
    },
    {
      "q": "How much does IDR Investment Management, LLC manage?",
      "a": "IDR Investment Management, LLC reports $10,186,557,933 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary)."
    },
    {
      "q": "How have IDR Investment Management, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for IDR Investment Management, LLC: Regulatory assets under management: $1,570,253,242 in the October 2021 data and $10,186,557,933 in the October 2026 data, up 549%. Total employees: 10 in October 2021 and 15 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does IDR Investment Management, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (6); pension and profit sharing plans (but not the plan participants or government pension plans) (2); investment companies (1)."
    },
    {
      "q": "Which custodians does IDR Investment Management, LLC use?",
      "a": "IDR Investment Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists BNY Mellon and Fifth Third Bank as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does IDR Investment Management, 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/286208"
    },
    {
      "q": "What changed in IDR Investment Management, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 10 to 13. Regulatory assets under management went from $8,545,087,351 to $10,186,557,933 (+19%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 1570253242.0,
      "total_employees": 10,
      "filing_date": "2021-09-23"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 3382964891.0,
      "total_employees": 11,
      "filing_date": "2022-03-15"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 5462600375.0,
      "total_employees": 12,
      "filing_date": "2023-05-17"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 5054401612.0,
      "total_employees": 14,
      "filing_date": "2024-08-13"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 8545087351.0,
      "total_employees": 13,
      "filing_date": "2025-03-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 10186557933.0,
      "total_employees": 15,
      "filing_date": "2026-03-30"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 10 to 13.",
        "Regulatory assets under management went from $8,545,087,351 to $10,186,557,933 (+19%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 30, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": "0.2% to 0.4% a year",
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 0.2% to 0.4% a year (a range, as the brochure states it)"
        ],
        "quotes": [
          "Private Fund Management Fees billed to Investors in the Private Funds will range between 0.2% to 0.4% per annum based on commitment amount."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": [
        0.2,
        0.4
      ],
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "Private Fund Management Fees billed to Investors in the Private Funds will range between 0.2% to 0.4% per annum based on commitment amount."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "BNY Mellon",
      "name_as_filed": "BNY MELLON",
      "affiliated": false
    },
    {
      "name": "Fifth Third Bank",
      "name_as_filed": "FIFTH THIRD BANK",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/idr-investment-management-llc-independence-oh-286208.md",
  "clients": [
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 1,
      "fewer_than_5": false,
      "raum": 211404947.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 6,
      "fewer_than_5": false,
      "raum": 9245608548.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 2,
      "fewer_than_5": false,
      "raum": 729544438.0
    }
  ],
  "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/286208",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}