# 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.

- CRD: 163648
- Filed as: INDIGO PARTNERS LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Scottsdale, AZ
- Filing period: October 2026
- Form ADV filing dated: July 27, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/163648
- AdvisorCensus page: https://advisorcensus.com/firm/indigo-partners-llc-scottsdale-az-163648

## Quick answers

**How 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

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

### Regulatory assets under management (Item 5.F)
- Total: $1,657,483,643
- Discretionary: $1,657,483,643
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | Fewer than 5 | Not reported |
| High net worth individuals | Fewer than 5 | Not reported |
| Banking or thrift institutions | Fewer than 5 | Not reported |
| Pooled investment vehicles (other than investment companies and business development companies) | 21 | $1,657,483,643 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | Not reported |
| Charitable organizations | Fewer than 5 | Not reported |
| State or municipal government entities (including government pension plans) | Fewer than 5 | Not reported |
| Other investment advisers | Fewer than 5 | Not reported |
| Insurance companies | Fewer than 5 | Not reported |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 | Not reported |
| Corporations or other businesses not listed above | Fewer than 5 | Not reported |

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

### Firm details
- Registered since: 2015 (11 years)
- Employees: 8 total, 7 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $6,632,001,180 | 9 | June 8, 2021 |
| October 2022 | $5,977,920,124 | 9 | June 10, 2022 |
| October 2023 | $3,586,680,165 | 9 | June 16, 2023 |
| October 2024 | $2,925,561,697 | 8 | March 29, 2024 |
| October 2025 | $1,413,648,078 | 8 | March 31, 2025 |
| October 2026 | $1,657,483,643 | 8 | July 27, 2026 |

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.

## 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%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Indigo Partners LLC (CRD 163648): Form ADV filing data as of October 2026.