# Level Equity

> Level Equity is an SEC-registered investment advisory firm in New York, NY, registered since 2017, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 160016
- Filed as: LEVEL EQUITY
- Legal name: Level Equity Management, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/160016
- AdvisorCensus page: https://advisorcensus.com/firm/level-equity-new-york-ny-160016

## Quick answers

**How is Level Equity compensated?**
On its Form ADV (Item 5.E, October 2026), Level Equity reports these compensation arrangements: a percentage of assets under its management; performance-based fees; other. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Level Equity located?**
Level Equity's principal office is in New York, NY, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Level Equity registered with the SEC or a state?**
Level Equity is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 160016.

**How much does Level Equity manage?**
Level Equity reports $6,457,223,242 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have Level Equity's assets and staff changed since 2021?**
In the Form ADV data for Level Equity: Regulatory assets under management: $2,042,058,081 in the October 2021 data and $6,457,223,242 in the October 2026 data, up 216%. Total employees: 35 in October 2021 and 52 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Level Equity serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (18).

**Does Level Equity 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/160016

**What changed in Level Equity's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 44 to 46. Regulatory assets under management went from $5,284,843,164 to $6,457,223,242 (+22%).

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $6,457,223,242
- Discretionary: $6,457,223,242
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 18 | $6,457,223,242 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

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

### Firm details
- Registered since: 2017 (8 years)
- Employees: 52 total, 46 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Greenwich, CT

### Websites listed on Form ADV (Item 1.I)
- levelequity.com
- levelstructuredcapital.com
- LinkedIn @level-equity
- X @levelequity

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $2,042,058,081 | 35 | March 25, 2021 |
| October 2022 | $4,127,830,496 | 38 | September 29, 2022 |
| October 2023 | $3,512,114,212 | 44 | March 31, 2023 |
| October 2024 | $3,486,917,773 | 44 | March 28, 2024 |
| October 2025 | $5,284,843,164 | 50 | March 31, 2025 |
| October 2026 | $6,457,223,242 | 52 | March 31, 2026 |

Regulatory assets under management: $2,042,058,081 in the October 2021 data and $6,457,223,242 in the October 2026 data, up 216%.
Total employees: 35 in October 2021 and 52 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 44 to 46.
- Regulatory assets under management went from $5,284,843,164 to $6,457,223,242 (+22%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Level Equity (CRD 160016): Form ADV filing data as of October 2026.