AdvisorCensus / Financial advisors / Arizona / Phoenix / Indigo Partners LLC
Indigo Partners LLC
Filed as INDIGO PARTNERS LLC
Indigo Partners LLC is an SEC-registered investment advisory firm in Scottsdale, AZ, registered since 2015, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated July 27, 2026.
Quick answers
From the filingHow is Indigo Partners LLC compensated?
On its Form ADV (Item 5.E, October 2026), Indigo Partners 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 Indigo Partners LLC located?
Indigo Partners LLC's principal office is in Scottsdale, AZ, according to its Form ADV.
Is Indigo Partners LLC registered with the SEC or a state?
Indigo Partners LLC is an SEC-registered investment advisory firm, registered since 2015. Status as filed: Approved. CRD 163648.
How much does Indigo Partners LLC manage?
Indigo Partners LLC reports $1,657,483,643 in regulatory assets under management in its Form ADV filing dated July 27, 2026 (100% discretionary).
How have Indigo Partners LLC's assets and staff changed since 2021?
In the Form ADV data for Indigo Partners LLC: Regulatory assets under management: $6,632,001,180 in the October 2021 data and $1,657,483,643 in the October 2026 data, down 75%. Total employees: 9 in October 2021 and 8 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Indigo Partners LLC serve?
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (21).
Does Indigo Partners 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/163648
What changed in Indigo Partners LLC's recent Form ADV filings?
In the April 2026 filing data: Regulatory assets under management went from $1,413,648,078 to $1,657,483,643 (+17%).
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
- Performance-based fees
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 firm's brochure (dated March 30, 2026) for its fees and any account minimum, on the SEC's IAPD site.
Regulatory assets under management
Item 5.F$1,657,483,643 as of October 2026, filing dated July 27, 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 pooled investment vehicles (other than investment companies)
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2015 (11 years)
- Employees
- Total: 8. Performing investment advisory functions: 7.
- Wrap fee program participation
- No.
- 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 | $1,657,483,643 | 8 | July 27, 2026 |
| October 2025 | $1,413,648,078 | 8 | March 31, 2025 |
| October 2024 | $2,925,561,697 | 8 | March 29, 2024 |
| October 2023 | $3,586,680,165 | 9 | June 16, 2023 |
| October 2022 | $5,977,920,124 | 9 | June 10, 2022 |
| October 2021 | $6,632,001,180 | 9 | June 8, 2021 |
Regulatory assets under management: $6,632,001,180 in the October 2021 data and $1,657,483,643 in the October 2026 data, down 75%.
Total employees: 9 in October 2021 and 8 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 $1,413,648,078 to $1,657,483,643 (+17%).
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.INot reported.
Source: 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. Indigo Partners LLC (CRD 163648): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/indigo-partners-llc-scottsdale-az-163648