{
  "crd_number": 118131,
  "slug": "legal-advantage-investments-inc-118131",
  "primary_business_name": "LEGAL ADVANTAGE INVESTMENTS, INC.",
  "legal_name": "LEGAL ADVANTAGE INVESTMENTS, INC.",
  "dbas": [],
  "city": null,
  "state": null,
  "country": null,
  "cbsa_code": null,
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2020-07-23",
  "years_registered": 6,
  "period": "2026-10-01",
  "filing_date": "2026-07-20",
  "carried_forward": false,
  "raum_total": 275276594.0,
  "raum_discretionary": 275276594.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 2,
  "advisory_employees": 1,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 4263812.0,
      "count": null,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 2273747.0,
      "count": null,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 268739035.0,
      "count": 24
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA"
  ],
  "websites": [
    "https://legaladvantageinvestments.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/118131",
  "city_as_filed": null,
  "url": "https://advisorcensus.com/firm/legal-advantage-investments-inc-118131",
  "display_name": "Legal Advantage Investments, Inc.",
  "summary": "Legal Advantage Investments, Inc. is an SEC-registered investment advisory firm, registered since 2020, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated July 20, 2026.",
  "citation": "AdvisorCensus. Legal Advantage Investments, Inc. (CRD 118131): 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",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is Legal Advantage Investments, Inc. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Legal Advantage Investments, Inc. reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Legal Advantage Investments, Inc. charge?",
      "a": "Its Form ADV Part 2A brochure dated July 20, 2026 states: Flat fee: $300 (financial planning advice); Hourly rate: $500 an hour (financial planning advice). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Is Legal Advantage Investments, Inc. registered with the SEC or a state?",
      "a": "Legal Advantage Investments, Inc. is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 118131."
    },
    {
      "q": "How much does Legal Advantage Investments, Inc. manage?",
      "a": "Legal Advantage Investments, Inc. reports $275,276,594 in regulatory assets under management in its Form ADV filing dated July 20, 2026 (100% discretionary)."
    },
    {
      "q": "How have Legal Advantage Investments, Inc.'s assets and staff changed since 2021?",
      "a": "In the Form ADV data for Legal Advantage Investments, Inc.: Regulatory assets under management: $157,720,945 in the October 2021 data and $275,276,594 in the October 2026 data, up 75%. Total employees: 2 in October 2021 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Legal Advantage Investments, Inc. serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (24)."
    },
    {
      "q": "Which custodians does Legal Advantage Investments, Inc. use?",
      "a": "Legal Advantage Investments, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Legal Advantage Investments, Inc. 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/118131"
    },
    {
      "q": "Does Legal Advantage Investments, Inc. state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated July 20, 2026 says: \"A new client generally must sign a portfolio management agreement (or \"contract\") with our firm and place a minimum of $3,000,000 in assets under management before we will manage accounts for that client.\""
    },
    {
      "q": "What changed in Legal Advantage Investments, Inc.'s recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $234,401,409 to $275,276,594 (+17%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 157720945.0,
      "total_employees": 2,
      "filing_date": "2021-03-12"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 187882940.0,
      "total_employees": 2,
      "filing_date": "2022-09-12"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 157394494.0,
      "total_employees": 2,
      "filing_date": "2023-09-05"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 201790345.0,
      "total_employees": 2,
      "filing_date": "2024-07-11"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 234401409.0,
      "total_employees": 2,
      "filing_date": "2025-03-03"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 275276594.0,
      "total_employees": 2,
      "filing_date": "2026-07-20"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $234,401,409 to $275,276,594 (+17%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated July 20, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$3,000,000",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Flat fee: $300 (financial planning advice)",
      "Hourly rate: $500 an hour (financial planning advice)"
    ],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $3,000,000"
        ],
        "quotes": [
          "A new client generally must sign a portfolio management agreement (or \"contract\") with our firm and place a minimum of $3,000,000 in assets under management before we will manage accounts for that client."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $300 (financial planning advice)"
        ],
        "quotes": [
          "If the services are for a fixed fee, a payment of $300 or one-third of the agreed fee, whichever is less, shall be required at the time of commencement of the project."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $500 an hour (financial planning advice)"
        ],
        "quotes": [
          "We may also offer to conduct research or render advice related to any specified investment or financial planning issue for an hourly fee of $500."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 3000000.0,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "flat",
          "amount": 300.0,
          "min": null,
          "max": null,
          "period": "one_time",
          "service": "financial planning advice"
        },
        {
          "kind": "hourly",
          "amount": 500.0,
          "min": null,
          "max": null,
          "period": "hour",
          "service": "financial planning advice"
        }
      ]
    },
    "quotes": [
      "A new client generally must sign a portfolio management agreement (or \"contract\") with our firm and place a minimum of $3,000,000 in assets under management before we will manage accounts for that client.",
      "If the services are for a fixed fee, a payment of $300 or one-third of the agreed fee, whichever is less, shall be required at the time of commencement of the project.",
      "We may also offer to conduct research or render advice related to any specified investment or financial planning issue for an hourly fee of $500."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "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/legal-advantage-investments-inc-118131.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": null,
      "fewer_than_5": true,
      "raum": 2273747.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 24,
      "fewer_than_5": false,
      "raum": 268739035.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": true,
      "raum": 4263812.0
    }
  ],
  "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/118131",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}