{ "crd_number": 323733, "slug": "level-ventures-management-llc-sunny-isles-beach-fl-323733", "primary_business_name": "LEVEL VENTURES MANAGEMENT LLC", "legal_name": "LEVEL VENTURES MANAGEMENT LLC", "dbas": [], "city": "Sunny Isles Beach", "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": "2026-08-05", "years_registered": 0, "period": "2026-10-01", "filing_date": "2026-06-29", "carried_forward": false, "raum_total": 310869517.0, "raum_discretionary": 310869517.0, "raum_non_discretionary": 0.0, "raum_band": "100m_500m", "raum_band_label": "$100 million to $500 million", "total_employees": 7, "advisory_employees": 2, "client_count_bucket": null, "clients_by_type": { "pooled_investment_vehicles": { "raum": 310869517.0, "count": 12 } }, "compensation_types": [ "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "FL", "NY" ], "websites": [ "https://levelvc.com", "https://linkedin.com/company/level-ventures" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/323733", "city_as_filed": "SUNNY ISLES BEACH", "url": "https://advisorcensus.com/firm/level-ventures-management-llc-sunny-isles-beach-fl-323733", "display_name": "Level Ventures Management LLC", "summary": "Level Ventures Management LLC is an SEC-registered investment advisory firm in Sunny Isles Beach, FL, registered since 2026, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated June 29, 2026.", "citation": "AdvisorCensus. Level Ventures Management LLC (CRD 323733): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Performance-based fees" ], "advisory_activity_labels": [ "Portfolio management for pooled investment vehicles (other than investment companies)" ], "quick_answers": [ { "q": "How is Level Ventures Management LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Level Ventures Management LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees." }, { "q": "How much does Level Ventures Management LLC charge?", "a": "Its Form ADV Part 2A brochure dated June 29, 2026 states: Asset-based fee: 1% to 2% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement." }, { "q": "Where is Level Ventures Management LLC located?", "a": "Level Ventures Management LLC's principal office is in Sunny Isles Beach, FL, according to its Form ADV; the July 2026 filing also lists 1 other office (Schedule D, Section 1.F)." }, { "q": "Is Level Ventures Management LLC registered with the SEC or a state?", "a": "Level Ventures Management LLC is an SEC-registered investment advisory firm, registered since 2026. Status as filed: Approved. CRD 323733." }, { "q": "How much does Level Ventures Management LLC manage?", "a": "Level Ventures Management LLC reports $310,869,517 in regulatory assets under management in its Form ADV filing dated June 29, 2026 (100% discretionary)." }, { "q": "What types of clients does Level Ventures Management LLC serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (12)." }, { "q": "Does Level Ventures Management LLC 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/323733" }, { "q": "Does Level Ventures Management LLC state an account minimum?", "a": "Its Form ADV Part 2A brochure dated June 29, 2026 says: \"There is no minimum initial investment required to invest in the Funds.\"" }, { "q": "What changed in Level Ventures Management LLC's recent Form ADV filings?", "a": "In the July 2026 filing data: Updated its list of owners and control persons (Schedule A)." } ], "filing_history": [ { "period": "2023-10-01", "regulatory_assets_under_management": null, "total_employees": null, "filing_date": "2023-05-04" }, { "period": "2024-10-01", "regulatory_assets_under_management": null, "total_employees": null, "filing_date": "2024-05-11" }, { "period": "2025-10-01", "regulatory_assets_under_management": null, "total_employees": null, "filing_date": "2025-06-11" }, { "period": "2026-10-01", "regulatory_assets_under_management": 310869517.0, "total_employees": 7, "filing_date": "2026-06-29" } ], "recent_changes": [ { "period": "2026-07-01", "period_label": "July 2026", "notes": [ "Updated its list of owners and control persons (Schedule A)." ] }, { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Added an office in New York, NY.", "Updated its list of owners and control persons (Schedule A)." ] } ], "fees_from_brochure": { "source": "Form ADV Part 2A brochure dated June 29, 2026", "provided_by_the_firm": false, "tiers": [], "flat_rate": null, "stated_range": "1% to 2% a year", "stated_maximum": null, "account_minimum": "None", "account_minimum_may_be_waived": false, "minimum_annual_fee": null, "planning_fees": [], "figures": [ { "label": "Asset-based fee", "statements": [ "Asset-based fee: 1% to 2% a year (a range, as the brochure states it)" ], "quotes": [ "The management fee ranges from approximately 1% to 2% annually, depending on the Fund, and is based on either (i) committed capital during the Fund’s investment period, or (ii) invested capital, net asset value, fair value, acquisition cost, or another basis described in each relevant Fund’s Governing Documents." ] }, { "label": "Account minimum", "statements": [ "Account minimum: None" ], "quotes": [ "There is no minimum initial investment required to invest in the Funds." ] } ], "values": { "tiers": [], "range_pct": [ 1.0, 2.0 ], "max_pct": null, "account_minimum": 0.0, "minimum_annual_fee": null, "planning": [] }, "quotes": [ "The management fee ranges from approximately 1% to 2% annually, depending on the Fund, and is based on either (i) committed capital during the Fund’s investment period, or (ii) invested capital, net asset value, fair value, acquisition cost, or another basis described in each relevant Fund’s Governing Documents.", "There is no minimum initial investment required to invest in the Funds." ], "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-ventures-management-llc-sunny-isles-beach-fl-323733.md", "clients": [ { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 12, "fewer_than_5": false, "raum": 310869517.0 } ], "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/323733", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }