# Merchant Adventure Investment Advisors, LLC

> Merchant Adventure Investment Advisors, LLC is an exempt reporting adviser in Palo Alto, CA, filing reports since 2018. Exempt reporting advisers do not report regulatory assets under management on Form ADV.

- CRD: 297935
- Filed as: MERCHANT ADVENTURE INVESTMENT ADVISORS, LLC
- Also doing business as: MERCHANT ADVENTURE FUND, L.P.
- Reporting status: Exempt reporting adviser (status as filed: ERA - Active)
- Location: Palo Alto, CA
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- Public record (IAPD): https://adviserinfo.sec.gov/firm/summary/297935
- AdvisorCensus page: https://advisorcensus.com/firm/merchant-adventure-investment-advisors-llc-palo-alto-ca-297935

## Quick answers

**Where is Merchant Adventure Investment Advisors, LLC located?**
Merchant Adventure Investment Advisors, LLC's principal office is in Palo Alto, CA, according to its Form ADV.

**How does Merchant Adventure Investment Advisors, LLC report to regulators?**
Merchant Adventure Investment Advisors, LLC is an exempt reporting adviser, filing reports since 2018. Exempt reporting advisers file a shorter Form ADV. Status as filed: ERA - Active. CRD 297935.

**Does Merchant Adventure Investment Advisors, LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/297935

## From the Form ADV filing

### Firm details
- Reporting since: 2018 (8 years)
- Employees: Not reported total, Not reported performing advisory functions
- Wrap fee program participation: Not reported
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | Not reported | Not reported | March 30, 2021 |
| October 2022 | Not reported | Not reported | March 30, 2022 |
| October 2023 | Not reported | Not reported | March 31, 2023 |
| October 2024 | Not reported | Not reported | March 29, 2024 |
| October 2025 | Not reported | Not reported | March 31, 2025 |
| October 2026 | Not reported | Not reported | March 31, 2026 |


## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Merchant Adventure Investment Advisors, LLC (CRD 297935): Form ADV filing data as of October 2026.