# Moneylion

> Moneylion is an SEC-registered investment advisory firm in New York, NY, registered since 2017, reporting under $25 million in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 289521
- Filed as: MONEYLION
- Legal name: ML Wealth LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/289521
- AdvisorCensus page: https://advisorcensus.com/firm/moneylion-new-york-ny-289521

## Quick answers

**How is Moneylion compensated?**
On its Form ADV (Item 5.E, October 2026), Moneylion reports these compensation arrangements: other. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Moneylion located?**
Moneylion's principal office is in New York, NY, according to its Form ADV.

**Is Moneylion registered with the SEC or a state?**
Moneylion is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 289521.

**How much does Moneylion manage?**
Moneylion reports $12,365,554 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (96% discretionary).

**How have Moneylion's assets and staff changed since 2021?**
In the Form ADV data for Moneylion: Regulatory assets under management: $16,697,847 in the October 2021 data and $12,365,554 in the October 2026 data, down 26%. Total employees: 11 in October 2021 and 13 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Moneylion serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (732,776).

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

**Does Moneylion 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/289521

**What changed in Moneylion's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 1 to 0.

## From the Form ADV filing

### Compensation (Item 5.E)
- Other

### Custodians (Schedule D, Section 5.K(3))
- Drivewealth, LLC

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: $12,365,554
- Discretionary: $11,919,443
- Non-discretionary: $446,111

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 732,776 | $12,365,554 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Publication of periodicals or newsletters

### Firm details
- Registered since: 2017 (9 years)
- Employees: 13 total, 0 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VA, VI, VT, WA, WI, WV, WY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [giphy.com/moneylion](https://giphy.com/moneylion)
- [moneylion.com](https://moneylion.com)
- [vimeo.com/moneylion](https://vimeo.com/moneylion)
- Facebook @MONEYLION
- Instagram @MONEYLIONINC
- LinkedIn @moneylion
- Pinterest @moneylioninc
- TikTok @moneylion
- X @MONEYLION
- YouTube @MoneyLion

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $16,697,847 | 11 | June 1, 2021 |
| October 2022 | $13,797,068 | 12 | June 13, 2022 |
| October 2023 | $10,760,450 | 12 | March 30, 2023 |
| October 2024 | $10,575,730 | 11 | August 8, 2024 |
| October 2025 | $11,243,928 | 14 | May 15, 2025 |
| October 2026 | $12,365,554 | 13 | March 30, 2026 |

Regulatory assets under management: $16,697,847 in the October 2021 data and $12,365,554 in the October 2026 data, down 26%.
Total employees: 11 in October 2021 and 13 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 1 to 0.

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

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Moneylion (CRD 289521): Form ADV filing data as of October 2026.