{
  "crd_number": 145694,
  "slug": "interactive-advisers-interactive-advisors-london-145694",
  "primary_business_name": "INTERACTIVE ADVISERS, INTERACTIVE ADVISORS",
  "legal_name": "COVESTOR LTD",
  "dbas": [
    "IB ASSET MANAGEMENT",
    "IBKR ASSET MANAGEMENT",
    "INTERACTIVE ADVISERS",
    "INTERACTIVE ADVISORS",
    "INTERACTIVE BROKERS ASSET MANAGEMENT"
  ],
  "city": "London",
  "state": null,
  "country": "United Kingdom",
  "cbsa_code": null,
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2008-05-30",
  "years_registered": 18,
  "period": "2026-10-01",
  "filing_date": "2026-03-24",
  "carried_forward": false,
  "raum_total": 195843352.0,
  "raum_discretionary": 195843352.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 17,
  "advisory_employees": 5,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 24835814.0,
      "count": 3367
    },
    "high_net_worth_individuals": {
      "raum": 124625104.0,
      "count": 65
    },
    "pooled_investment_vehicles": {
      "raum": 45720879.0,
      "count": 1
    },
    "corporations_other_businesses": {
      "raum": 661555.0,
      "count": 34
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_individuals",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AK",
    "AL",
    "AR",
    "AZ",
    "CA",
    "CO",
    "CT",
    "DC",
    "DE",
    "FL",
    "GA",
    "IA",
    "ID",
    "IL",
    "IN",
    "KS",
    "KY",
    "LA",
    "MA",
    "MD",
    "ME",
    "MI",
    "MN",
    "MO",
    "MS",
    "NC",
    "NE",
    "NH",
    "NJ",
    "NM",
    "NV",
    "NY",
    "OH",
    "OK",
    "OR",
    "PA",
    "SC",
    "SD",
    "TN",
    "TX",
    "UT",
    "VA",
    "VT",
    "WA",
    "WI",
    "WV",
    "WY"
  ],
  "websites": [
    "https://facebook.com/interactiveadvisors",
    "https://instagram.com/interactiveadvisors",
    "https://interactiveadvisors.com",
    "https://interactivebrokers.com/en/home.php",
    "https://interactivebrokers.com/en/index.php?f=5599",
    "https://investing.interactiveadvisors.com",
    "https://linkedin.com/company/interactiveadvisors",
    "https://twitter.com/ia_updates",
    "https://youtube.com/@InteractiveAdvisors/videos"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/145694",
  "city_as_filed": "LONDON",
  "url": "https://advisorcensus.com/firm/interactive-advisers-interactive-advisors-london-145694",
  "display_name": "Interactive Advisers, Interactive Advisors",
  "summary": "Interactive Advisers, Interactive Advisors is an SEC-registered investment advisory firm in London, United Kingdom, registered since 2008, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 24, 2026.",
  "citation": "AdvisorCensus. Interactive Advisers, Interactive Advisors (CRD 145694): 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 individuals and/or small businesses",
    "Portfolio management for pooled investment vehicles (other than investment companies)"
  ],
  "quick_answers": [
    {
      "q": "How is Interactive Advisers, Interactive Advisors compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Interactive Advisers, Interactive Advisors 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 Interactive Advisers, Interactive Advisors located?",
      "a": "Interactive Advisers, Interactive Advisors' principal office is in London, United Kingdom, according to its Form ADV."
    },
    {
      "q": "Is Interactive Advisers, Interactive Advisors registered with the SEC or a state?",
      "a": "Interactive Advisers, Interactive Advisors is an SEC-registered investment advisory firm, registered since 2008. Status as filed: Approved. CRD 145694."
    },
    {
      "q": "How much does Interactive Advisers, Interactive Advisors manage?",
      "a": "Interactive Advisers, Interactive Advisors reports $195,843,352 in regulatory assets under management in its Form ADV filing dated March 24, 2026 (100% discretionary)."
    },
    {
      "q": "How have Interactive Advisers, Interactive Advisors' assets and staff changed since 2021?",
      "a": "In the Form ADV data for Interactive Advisers, Interactive Advisors: Regulatory assets under management: $118,607,529 in the October 2021 data and $195,843,352 in the October 2026 data, up 65%. Total employees: 16 in October 2021 and 17 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Interactive Advisers, Interactive Advisors serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (3,367); high net worth individuals (65); corporations or other businesses not listed above (34)."
    },
    {
      "q": "Which custodians does Interactive Advisers, Interactive Advisors use?",
      "a": "Interactive Advisers, Interactive Advisors' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Interactive Brokers LLC (affiliated with the firm) as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Interactive Advisers, Interactive Advisors 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/145694"
    },
    {
      "q": "What changed in Interactive Advisers, Interactive Advisors' recent Form ADV filings?",
      "a": "In the April 2026 filing data: No longer lists an office in Boston, MA."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 118607529.0,
      "total_employees": 16,
      "filing_date": "2021-08-27"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 152099476.0,
      "total_employees": 18,
      "filing_date": "2022-02-25"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 135022733.0,
      "total_employees": 17,
      "filing_date": "2023-03-17"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 153222514.0,
      "total_employees": 17,
      "filing_date": "2024-02-23"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 168480731.0,
      "total_employees": 17,
      "filing_date": "2025-03-31"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 195843352.0,
      "total_employees": 17,
      "filing_date": "2026-03-24"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "No longer lists an office in Boston, MA."
      ]
    },
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Regulatory assets under management went from $168,480,731 to $195,843,352 (+16%)."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Interactive Brokers LLC",
      "name_as_filed": "INTERACTIVE BROKERS LLC",
      "affiliated": true
    }
  ],
  "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/interactive-advisers-interactive-advisors-london-145694.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 3367,
      "fewer_than_5": false,
      "raum": 24835814.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 65,
      "fewer_than_5": false,
      "raum": 124625104.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 1,
      "fewer_than_5": false,
      "raum": 45720879.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 34,
      "fewer_than_5": false,
      "raum": 661555.0
    }
  ],
  "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/145694",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}