{
  "crd_number": 283494,
  "slug": "mastodon-advisory-group-houston-tx-283494",
  "primary_business_name": "MASTODON ADVISORY GROUP",
  "legal_name": "MASTODON ADVISORY GROUP, LLC",
  "dbas": [],
  "city": "Houston",
  "state": "TX",
  "country": "United States",
  "cbsa_code": "26420",
  "metro": {
    "cbsa_code": "26420",
    "common_name": "Houston",
    "msa_name": "Houston-Pasadena-The Woodlands, TX",
    "path": "/advisors/tx/houston"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2021-06-07",
  "years_registered": 5,
  "period": "2026-10-01",
  "filing_date": "2026-03-17",
  "carried_forward": false,
  "raum_total": 492475339.0,
  "raum_discretionary": 492475339.0,
  "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": 492475339.0,
      "count": null,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 0,
  "states_registered": [
    "TX"
  ],
  "websites": [
    "https://linkedin.com/company/mastodon-advisory-group",
    "https://mastodonllc.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/283494",
  "city_as_filed": "HOUSTON",
  "url": "https://advisorcensus.com/firm/mastodon-advisory-group-houston-tx-283494",
  "display_name": "Mastodon Advisory Group",
  "summary": "Mastodon Advisory Group is an SEC-registered investment advisory firm in Houston, TX, registered since 2021, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 17, 2026.",
  "citation": "AdvisorCensus. Mastodon Advisory Group (CRD 283494): 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 individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is Mastodon Advisory Group compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Mastodon Advisory Group reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "What does Mastodon Advisory Group's brochure say about its fees?",
      "a": "Its Form ADV Part 2A brochure dated March 17, 2026 states: Asset-based fee: up to 1.2% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Mastodon Advisory Group located?",
      "a": "Mastodon Advisory Group's principal office is in Houston, TX, according to its Form ADV."
    },
    {
      "q": "Is Mastodon Advisory Group registered with the SEC or a state?",
      "a": "Mastodon Advisory Group is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 283494."
    },
    {
      "q": "How much does Mastodon Advisory Group manage?",
      "a": "Mastodon Advisory Group reports $492,475,339 in regulatory assets under management in its Form ADV filing dated March 17, 2026 (100% discretionary)."
    },
    {
      "q": "How have Mastodon Advisory Group's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Mastodon Advisory Group: Regulatory assets under management: $104,285,958 in the October 2021 data and $492,475,339 in the October 2026 data, up 372%. Total employees: 1 in October 2021 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "Which custodians does Mastodon Advisory Group use?",
      "a": "Mastodon Advisory Group's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Brokerage Services LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Mastodon Advisory Group 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/283494"
    },
    {
      "q": "Does Mastodon Advisory Group state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 17, 2026 says: \"A minimum initial investment of $25,000 will be required for you to open a managed account; however, we retain the right to waive or reduce this minimum if we feel circumstances are warranted.\""
    },
    {
      "q": "What changed in Mastodon Advisory Group's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $406,552,712 to $492,475,339 (+21%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 104285958.0,
      "total_employees": 1,
      "filing_date": "2021-05-05"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 127208078.0,
      "total_employees": 1,
      "filing_date": "2022-08-04"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 199037942.0,
      "total_employees": 1,
      "filing_date": "2023-07-21"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 303963515.0,
      "total_employees": 2,
      "filing_date": "2024-02-12"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 406552712.0,
      "total_employees": 2,
      "filing_date": "2025-05-23"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 492475339.0,
      "total_employees": 2,
      "filing_date": "2026-03-17"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $406,552,712 to $492,475,339 (+21%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 17, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": "1.2% of assets a year",
    "account_minimum": "$25,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: up to 1.2% of assets a year (the maximum the brochure states)"
        ],
        "quotes": [
          "Regardless of the portfolio account size, our management fee will not exceed 1.20% annually.",
          "Our portfolio management services are provided on an asset-based fee arrangement."
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $25,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "A minimum initial investment of $25,000 will be required for you to open a managed account; however, we retain the right to waive or reduce this minimum if we feel circumstances are warranted."
        ]
      }
    ],
    "quotes": [
      "Regardless of the portfolio account size, our management fee will not exceed 1.20% annually.",
      "Our portfolio management services are provided on an asset-based fee arrangement.",
      "A minimum initial investment of $25,000 will be required for you to open a managed account; however, we retain the right to waive or reduce this minimum if we feel circumstances are warranted."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Fidelity Brokerage Services LLC",
      "name_as_filed": "FIDELITY BROKERAGE SERVICES LLC",
      "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/mastodon-advisory-group-houston-tx-283494.md",
  "clients": [
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": true,
      "raum": 492475339.0
    }
  ],
  "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/283494",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}