{
  "crd_number": 327226,
  "slug": "just-futures-san-francisco-ca-327226",
  "primary_business_name": "JUST FUTURES",
  "legal_name": "JUST FUTURES ADVISORS, LLC",
  "dbas": [],
  "city": "San Francisco",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "41860",
  "metro": {
    "cbsa_code": "41860",
    "common_name": "San Francisco",
    "msa_name": "San Francisco-Oakland-Fremont, CA",
    "path": "/advisors/ca/san-francisco"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2026-03-20",
  "years_registered": 0,
  "period": "2026-10-01",
  "filing_date": "2026-02-20",
  "carried_forward": false,
  "raum_total": 46721000.0,
  "raum_discretionary": 38761000.0,
  "raum_non_discretionary": 7960000.0,
  "raum_band": "25m_100m",
  "raum_band_label": "$25 million to $100 million",
  "total_employees": 6,
  "advisory_employees": 4,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 15857000.0,
      "count": 4,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 3312000.0,
      "count": 95
    },
    "pension_profit_sharing": {
      "raum": 27552000.0,
      "count": 73
    }
  },
  "compensation_types": [
    "hourly",
    "other",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "pension_consulting",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AZ",
    "CA",
    "CT",
    "DC",
    "FL",
    "GA",
    "LA",
    "MD",
    "NJ",
    "NY",
    "OH",
    "PA",
    "TX",
    "VA",
    "WI"
  ],
  "websites": [
    "https://justfutures.com",
    "https://ly.linkedin.com/company/just-futures",
    "https://x.com/JustFuturesCo"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/327226",
  "city_as_filed": "SAN FRANCISCO",
  "url": "https://advisorcensus.com/firm/just-futures-san-francisco-ca-327226",
  "display_name": "Just Futures",
  "summary": "Just Futures is an SEC-registered investment advisory firm in San Francisco, CA, registered since 2026, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated February 20, 2026.",
  "citation": "AdvisorCensus. Just Futures (CRD 327226): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Other"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Pension consulting services",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Just Futures compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Just Futures reports these compensation arrangements: a percentage of assets under its management; hourly charges; other."
    },
    {
      "q": "Where is Just Futures located?",
      "a": "Just Futures' principal office is in San Francisco, CA, according to its Form ADV."
    },
    {
      "q": "Is Just Futures registered with the SEC or a state?",
      "a": "Just Futures is an SEC-registered investment advisory firm, registered since 2026. Status as filed: Approved. CRD 327226."
    },
    {
      "q": "How much does Just Futures manage?",
      "a": "Just Futures reports $46,721,000 in regulatory assets under management in its Form ADV filing dated February 20, 2026 (83% discretionary)."
    },
    {
      "q": "What types of clients does Just Futures serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (95); pension and profit sharing plans (but not the plan participants or government pension plans) (73); charitable organizations (4)."
    },
    {
      "q": "Which custodians does Just Futures use?",
      "a": "Just Futures' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Betterment Securities, Charles Schwab & Co., Inc. and Vestwell Trust Company as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Just Futures 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/327226"
    },
    {
      "q": "Does Just Futures state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated February 13, 2026 says: \"We have no minimum account opening balance.\""
    },
    {
      "q": "What changed in Just Futures' recent Form ADV filings?",
      "a": "In the April 2026 filing data: Newly registered with the SEC."
    }
  ],
  "filing_history": [],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Newly registered with the SEC."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated February 13, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "We have no minimum account opening balance."
        ]
      }
    ],
    "quotes": [
      "We have no minimum account opening balance."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Betterment Securities",
      "name_as_filed": "BETTERMENT SECURITIES",
      "affiliated": false
    },
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "Vestwell Trust Company",
      "name_as_filed": "VESTWELL TRUST COMPANY",
      "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/just-futures-san-francisco-ca-327226.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 95,
      "fewer_than_5": false,
      "raum": 3312000.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 73,
      "fewer_than_5": false,
      "raum": 27552000.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 4,
      "fewer_than_5": true,
      "raum": 15857000.0
    }
  ],
  "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/327226",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}