{
  "crd_number": 316294,
  "slug": "level-one-fund-miami-fl-316294",
  "primary_business_name": "LEVEL ONE FUND",
  "legal_name": "LEVEL ONE GLOBAL ADVISORS, LLC",
  "dbas": [],
  "city": "Miami",
  "state": "FL",
  "country": "United States",
  "cbsa_code": "33100",
  "metro": {
    "cbsa_code": "33100",
    "common_name": "Miami",
    "msa_name": "Miami-Fort Lauderdale-West Palm Beach, FL",
    "path": "/advisors/fl/miami"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2023-08-11",
  "years_registered": 3,
  "period": "2026-10-01",
  "filing_date": "2026-03-27",
  "carried_forward": false,
  "raum_total": 201538410.0,
  "raum_discretionary": 201538410.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 5,
  "advisory_employees": 3,
  "client_count_bucket": null,
  "clients_by_type": {
    "pooled_investment_vehicles": {
      "raum": 201538410.0,
      "count": 2
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "FL"
  ],
  "websites": [
    "https://levelonefund.com",
    "https://linkedin.com/company/level-one-fund",
    "https://twitter.com/levelonefund"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/316294",
  "city_as_filed": "MIAMI",
  "url": "https://advisorcensus.com/firm/level-one-fund-miami-fl-316294",
  "display_name": "Level One Fund",
  "summary": "Level One Fund is an SEC-registered investment advisory firm in Miami, FL, registered since 2023, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 27, 2026.",
  "citation": "AdvisorCensus. Level One Fund (CRD 316294): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for pooled investment vehicles (other than investment companies)"
  ],
  "quick_answers": [
    {
      "q": "How is Level One Fund compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Level One Fund reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "Where is Level One Fund located?",
      "a": "Level One Fund's principal office is in Miami, FL, according to its Form ADV."
    },
    {
      "q": "Is Level One Fund registered with the SEC or a state?",
      "a": "Level One Fund is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 316294."
    },
    {
      "q": "How much does Level One Fund manage?",
      "a": "Level One Fund reports $201,538,410 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary)."
    },
    {
      "q": "How have Level One Fund's assets and staff changed since 2022?",
      "a": "In the Form ADV data for Level One Fund: Regulatory assets under management: $206,674,860 in the October 2023 data and $201,538,410 in the October 2026 data, down 2%. Total employees: 5 in October 2023 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Level One Fund serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (2)."
    },
    {
      "q": "Does Level One Fund 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/316294"
    },
    {
      "q": "Does Level One Fund state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 27, 2026 says: \"LOF does not have a minimum commitment for an investor, however LOF maintains discretion to establish such thresholds.\""
    },
    {
      "q": "What changed in Level One Fund's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $180,016,590 to $201,538,410 (+12%)."
    }
  ],
  "filing_history": [
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": null,
      "total_employees": null,
      "filing_date": "2022-02-15"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 206674860.0,
      "total_employees": 5,
      "filing_date": "2023-07-13"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 196408993.0,
      "total_employees": 5,
      "filing_date": "2024-03-26"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 187463960.0,
      "total_employees": 5,
      "filing_date": "2025-03-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 201538410.0,
      "total_employees": 5,
      "filing_date": "2026-03-27"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $180,016,590 to $201,538,410 (+12%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 27, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "LOF does not have a minimum commitment for an investor, however LOF maintains discretion to establish such thresholds."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 0.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "LOF does not have a minimum commitment for an investor, however LOF maintains discretion to establish such thresholds."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/level-one-fund-miami-fl-316294.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 2,
      "fewer_than_5": false,
      "raum": 201538410.0
    }
  ],
  "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/316294",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}