# Mission Value Partners, LLC

> Mission Value Partners, LLC is an SEC-registered investment advisory firm in Nashville, TN, registered since 2010, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated July 20, 2026.

- CRD: 153704
- Filed as: MISSION VALUE PARTNERS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Nashville, TN
- Filing period: October 2026
- Form ADV filing dated: July 20, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/153704
- AdvisorCensus page: https://advisorcensus.com/firm/mission-value-partners-llc-nashville-tn-153704

## Quick answers

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

**How much does Mission Value Partners, LLC charge?**
Its Form ADV Part 2A brochure dated July 20, 2026 states: Asset-based fee: 1.15% to 1.35% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Mission Value Partners, LLC located?**
Mission Value Partners, LLC's principal office is in Nashville, TN, according to its Form ADV; the August 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Mission Value Partners, LLC registered with the SEC or a state?**
Mission Value Partners, LLC is an SEC-registered investment advisory firm, registered since 2010. Status as filed: Approved. CRD 153704.

**How much does Mission Value Partners, LLC manage?**
Mission Value Partners, LLC reports $303,237,813 in regulatory assets under management in its Form ADV filing dated July 20, 2026 (100% discretionary).

**How have Mission Value Partners, LLC's assets and staff changed since 2021?**
In the Form ADV data for Mission Value Partners, LLC: Regulatory assets under management: $867,676,308 in the October 2021 data and $303,237,813 in the October 2026 data, down 65%. Total employees: 5 in October 2021 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Mission Value Partners, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (3).

**Which custodians does Mission Value Partners, LLC use?**
Mission Value Partners, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Northern Trust Bank as a custodian holding 10% or more of its separately managed account assets.

**Does Mission Value Partners, LLC 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/153704

**What changed in Mission Value Partners, LLC's recent Form ADV filings?**
In the August 2026 filing data: Updated its list of owners and control persons (Schedule A).

## 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 July 20, 2026)

- Asset-based fee: 1.15% to 1.35% a year (a range, as the brochure states it)

> With respect to the Mission Funds, in general, Mission Value Partners receives an annual management fee of between 1.15% and 1.35%, depending on a) the size of the capital accounts of the limited partners and b) total assets under management.

> With respect to the Managed Accounts, in general, Mission Value Partners receives an annual management fee of between 1.15 and 1.35% of the net asset value of the assets managed by us, depending on a) the size of the Managed Account and b) total assets under management.

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

### Custodians (Schedule D, Section 5.K(3))
- Northern Trust Bank

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.

### Regulatory assets under management (Item 5.F)
- Total: $303,237,813
- Discretionary: $303,237,813
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Banking or thrift institutions | Not reported | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $262,020,862 |
| Corporations or other businesses not listed above | Fewer than 5 | $41,216,951 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2010 (16 years)
- Employees: 4 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: TN
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the August 2026 filing
- Tokyo

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $867,676,308 | 5 | June 4, 2021 |
| October 2022 | $724,851,665 | 5 | August 22, 2022 |
| October 2023 | $506,998,741 | 4 | March 24, 2023 |
| October 2024 | $317,635,898 | 4 | June 28, 2024 |
| October 2025 | $231,250,248 | 4 | April 21, 2025 |
| October 2026 | $303,237,813 | 4 | July 20, 2026 |

Regulatory assets under management: $867,676,308 in the October 2021 data and $303,237,813 in the October 2026 data, down 65%.
Total employees: 5 in October 2021 and 4 in October 2026.

## Changes in the filing (last 12 months)

### August 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Regulatory assets under management went from $231,250,248 to $303,237,813 (+31%).
- Changed its office addresses in Tokyo.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Mission Value Partners, LLC (CRD 153704): Form ADV filing data as of October 2026.