{
  "crd_number": 162264,
  "slug": "jefferies-finance-llc-new-york-ny-162264",
  "primary_business_name": "JEFFERIES FINANCE LLC",
  "legal_name": "JEFFERIES FINANCE LLC",
  "dbas": [
    "APEX CREDIT HOLDINGS LLC",
    "APEX CREDIT PARTNERS LLC",
    "JEFFERIES CREDIT PARTNERS LLC"
  ],
  "city": "New York",
  "state": "NY",
  "country": "United States",
  "cbsa_code": "35620",
  "metro": {
    "cbsa_code": "35620",
    "common_name": "New York",
    "msa_name": "New York-Newark-Jersey City, NY-NJ",
    "path": "/advisors/ny/new-york"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2012-04-02",
  "years_registered": 14,
  "period": "2026-10-01",
  "filing_date": "2026-03-02",
  "carried_forward": false,
  "raum_total": 24594811631.0,
  "raum_discretionary": 23121875997.0,
  "raum_non_discretionary": 1472935634.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 124,
  "advisory_employees": 51,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 9805289175.0,
      "count": 4,
      "description": "SEPARATELY MANAGED ACCOUNTS AND PROPRIETARY ACCOUNTS",
      "fewer_than_5": true
    },
    "pooled_investment_vehicles": {
      "raum": 14789522456.0,
      "count": 56
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 2,
  "states_registered": [
    "CA",
    "CT",
    "DE",
    "MA",
    "NJ",
    "NY"
  ],
  "websites": [
    "https://apexcreditpartners.com",
    "https://linkedin.com/company/jefferies-credit-partners"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/162264",
  "disclosure_items": [
    {
      "item": "11.D(2)",
      "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?"
    },
    {
      "item": "11.D(4)",
      "question": "In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?"
    }
  ],
  "city_as_filed": "NEW YORK",
  "url": "https://advisorcensus.com/firm/jefferies-finance-llc-new-york-ny-162264",
  "display_name": "Jefferies Finance LLC",
  "summary": "Jefferies Finance LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2012, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 2, 2026.",
  "citation": "AdvisorCensus. Jefferies Finance LLC (CRD 162264): 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 pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Jefferies Finance LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Jefferies Finance 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."
    },
    {
      "q": "Where is Jefferies Finance LLC located?",
      "a": "Jefferies Finance LLC's principal office is in New York, NY, according to its Form ADV."
    },
    {
      "q": "Is Jefferies Finance LLC registered with the SEC or a state?",
      "a": "Jefferies Finance LLC is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 162264."
    },
    {
      "q": "How much does Jefferies Finance LLC manage?",
      "a": "Jefferies Finance LLC reports $24,594,811,631 in regulatory assets under management in its Form ADV filing dated March 2, 2026 (94% discretionary)."
    },
    {
      "q": "How have Jefferies Finance LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Jefferies Finance LLC: Regulatory assets under management: $12,722,195,757 in the October 2021 data and $24,594,811,631 in the October 2026 data, up 93%. Total employees: 82 in October 2021 and 124 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Jefferies Finance LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (56); other (4)."
    },
    {
      "q": "Which custodians does Jefferies Finance LLC use?",
      "a": "Jefferies Finance LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists State Street Bank and Trust Company and The Bank of New York Mellon Trust Company, N.A. as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Jefferies Finance LLC report any disciplinary disclosures?",
      "a": "Reports 2 disclosure items on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation) and 11.D(4) (another regulator's order in the past ten years). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/162264"
    },
    {
      "q": "What changed in Jefferies Finance LLC's recent Form ADV filings?",
      "a": "In the March 2026 filing data: Employees performing advisory functions went from 53 to 51. Regulatory assets under management went from $19,192,831,123 to $24,594,811,631 (+28%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 12722195757.0,
      "total_employees": 82,
      "filing_date": "2021-08-03"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 14503012573.0,
      "total_employees": 104,
      "filing_date": "2022-02-25"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 16357853595.0,
      "total_employees": 119,
      "filing_date": "2023-06-22"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 16411177006.0,
      "total_employees": 112,
      "filing_date": "2024-02-29"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 19192831123.0,
      "total_employees": 122,
      "filing_date": "2025-02-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 24594811631.0,
      "total_employees": 124,
      "filing_date": "2026-03-02"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Employees performing advisory functions went from 53 to 51.",
        "Regulatory assets under management went from $19,192,831,123 to $24,594,811,631 (+28%)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "State Street Bank and Trust Company",
      "name_as_filed": "STATE STREET BANK AND TRUST COMPANY",
      "affiliated": false
    },
    {
      "name": "The Bank of New York Mellon Trust Company, N.A.",
      "name_as_filed": "THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.",
      "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/jefferies-finance-llc-new-york-ny-162264.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 56,
      "fewer_than_5": false,
      "raum": 14789522456.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 4,
      "fewer_than_5": true,
      "raum": 9805289175.0
    }
  ],
  "disclosure_line": "Reports 2 disclosure items on Form ADV Item 11.",
  "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/162264",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}