# Level One Fund

> 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.

- CRD: 316294
- Filed as: LEVEL ONE FUND
- Legal name: Level One Global Advisors, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Miami, FL
- Filing period: October 2026
- Form ADV filing dated: March 27, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/316294
- AdvisorCensus page: https://advisorcensus.com/firm/level-one-fund-miami-fl-316294

## Quick answers

**How is Level One Fund compensated?**
On its Form ADV (Item 5.E, October 2026), Level One Fund reports these compensation arrangements: a percentage of assets under its management.

**Where is Level One Fund located?**
Level One Fund's principal office is in Miami, FL, according to its Form ADV.

**Is Level One Fund registered with the SEC or a state?**
Level One Fund is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 316294.

**How much does Level One Fund manage?**
Level One Fund reports $201,538,410 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary).

**How have Level One Fund's assets and staff changed since 2022?**
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.

**What types of clients does Level One Fund serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (2).

**Does Level One Fund 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/316294

**Does Level One Fund state an account minimum?**
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."

**What changed in Level One Fund's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $180,016,590 to $201,538,410 (+12%).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 27, 2026)

- Account minimum: None (the brochure says it may be waived or negotiated)

> LOF does not have a minimum commitment for an investor, however LOF maintains discretion to establish such thresholds.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Regulatory assets under management (Item 5.F)
- Total: $201,538,410
- Discretionary: $201,538,410
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 2 | $201,538,410 |

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

### Firm details
- Registered since: 2023 (3 years)
- Employees: 5 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- levelonefund.com
- LinkedIn @level-one-fund
- X @levelonefund

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | Not reported | Not reported | February 15, 2022 |
| October 2023 | $206,674,860 | 5 | July 13, 2023 |
| October 2024 | $196,408,993 | 5 | March 26, 2024 |
| October 2025 | $187,463,960 | 5 | March 28, 2025 |
| October 2026 | $201,538,410 | 5 | March 27, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $180,016,590 to $201,538,410 (+12%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Level One Fund (CRD 316294): Form ADV filing data as of October 2026.