{
  "crd_number": 335692,
  "slug": "mlg-fund-manager-llc-brookfield-wi-335692",
  "primary_business_name": "MLG FUND MANAGER LLC",
  "legal_name": "MLG FUND MANAGER LLC",
  "dbas": [],
  "city": "Brookfield",
  "state": "WI",
  "country": "United States",
  "cbsa_code": "33340",
  "metro": {
    "cbsa_code": "33340",
    "common_name": "Milwaukee",
    "msa_name": "Milwaukee-Waukesha, WI",
    "path": "/advisors/wi/milwaukee"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2025-05-12",
  "years_registered": 1,
  "period": "2026-10-01",
  "filing_date": "2026-03-13",
  "carried_forward": false,
  "raum_total": 143562286.0,
  "raum_discretionary": 143562286.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 95,
  "advisory_employees": 29,
  "client_count_bucket": null,
  "clients_by_type": {
    "pooled_investment_vehicles": {
      "raum": 143562286.0,
      "count": 2
    }
  },
  "compensation_types": [
    "other",
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "WI"
  ],
  "websites": [
    "https://facebook.com/mlg.capital.re",
    "https://instagram.com/mlgcapital.re",
    "https://linkedin.com/company/mlg-capital",
    "https://mlgcapital.com",
    "https://youtube.com/@mlgcapital"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/335692",
  "city_as_filed": "BROOKFIELD",
  "url": "https://advisorcensus.com/firm/mlg-fund-manager-llc-brookfield-wi-335692",
  "display_name": "MLG Fund Manager LLC",
  "summary": "MLG Fund Manager LLC is an SEC-registered investment advisory firm in Brookfield, WI, registered since 2025, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 13, 2026.",
  "citation": "AdvisorCensus. MLG Fund Manager LLC (CRD 335692): 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",
    "Other"
  ],
  "advisory_activity_labels": [
    "Portfolio management for pooled investment vehicles (other than investment companies)"
  ],
  "quick_answers": [
    {
      "q": "How is MLG Fund Manager LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), MLG Fund Manager LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees; other."
    },
    {
      "q": "Where is MLG Fund Manager LLC located?",
      "a": "MLG Fund Manager LLC's principal office is in Brookfield, WI, according to its Form ADV."
    },
    {
      "q": "Is MLG Fund Manager LLC registered with the SEC or a state?",
      "a": "MLG Fund Manager LLC is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 335692."
    },
    {
      "q": "How much does MLG Fund Manager LLC manage?",
      "a": "MLG Fund Manager LLC reports $143,562,286 in regulatory assets under management in its Form ADV filing dated March 13, 2026 (100% discretionary)."
    },
    {
      "q": "How have MLG Fund Manager LLC's assets and staff changed since 2025?",
      "a": "In the Form ADV data for MLG Fund Manager LLC: Regulatory assets under management: $0 in the October 2025 data and $143,562,286 in the October 2026 data. Total employees: 90 in October 2025 and 95 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does MLG Fund Manager LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (2)."
    },
    {
      "q": "Does MLG Fund Manager 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/335692"
    },
    {
      "q": "Does MLG Fund Manager LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 13, 2026 says: \"The minimum investment in the Funds is generally $50,000.00 although a Fund (through its manager) can elect to accept a lesser amount in its sole discretion.\""
    },
    {
      "q": "What changed in MLG Fund Manager LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 30 to 29."
    }
  ],
  "filing_history": [
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 0.0,
      "total_employees": 90,
      "filing_date": "2025-04-25"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 143562286.0,
      "total_employees": 95,
      "filing_date": "2026-03-13"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 30 to 29."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Regulatory assets under management went from $0 to $146,850,453.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 13, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$50,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $50,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "The minimum investment in the Funds is generally $50,000.00 although a Fund (through its manager) can elect to accept a lesser amount in its sole discretion."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 50000.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "The minimum investment in the Funds is generally $50,000.00 although a Fund (through its manager) can elect to accept a lesser amount in its sole discretion."
    ],
    "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/mlg-fund-manager-llc-brookfield-wi-335692.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 2,
      "fewer_than_5": false,
      "raum": 143562286.0
    }
  ],
  "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/335692",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}