{
  "crd_number": 149688,
  "slug": "motley-fool-asset-management-alexandria-va-149688",
  "primary_business_name": "MOTLEY FOOL ASSET MANAGEMENT",
  "legal_name": "MOTLEY FOOL ASSET MANAGEMENT, LLC",
  "dbas": [
    "FOOL FUNDS",
    "MFAM FUNDS",
    "MOTLEY FOOL FUNDS"
  ],
  "city": "Alexandria",
  "state": "VA",
  "country": "United States",
  "cbsa_code": "47900",
  "metro": {
    "cbsa_code": "47900",
    "common_name": "Washington",
    "msa_name": "Washington-Arlington-Alexandria, DC-VA-MD-WV",
    "path": "/advisors/dc/washington"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2009-03-23",
  "years_registered": 17,
  "period": "2026-10-01",
  "filing_date": "2026-09-23",
  "carried_forward": false,
  "raum_total": 2603671290.0,
  "raum_discretionary": 2603671290.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 14,
  "advisory_employees": 12,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": null,
      "count": 0
    },
    "individuals": {
      "raum": null,
      "count": 0
    },
    "banking_thrift": {
      "raum": null,
      "count": 0
    },
    "state_municipal": {
      "raum": null,
      "count": 0
    },
    "insurance_companies": {
      "raum": null,
      "count": 0
    },
    "investment_companies": {
      "raum": 2603671290.0,
      "count": 6
    },
    "pension_profit_sharing": {
      "raum": null,
      "count": 0
    },
    "other_investment_advisers": {
      "raum": null,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": null,
      "count": 0
    },
    "pooled_investment_vehicles": {
      "raum": null,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": null,
      "count": 0
    },
    "business_development_companies": {
      "raum": null,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": null,
      "count": 0
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_investment_companies"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CO",
    "DE",
    "VA"
  ],
  "websites": [
    "https://facebook.com/FOOLETFS",
    "https://fool100etf.com",
    "https://fooletfs.com",
    "https://foolfunds.com",
    "https://linkedin.com/company/motley-fool-asset-management",
    "https://mfamfunds.com",
    "https://twitter.com/FOOLETFS"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/149688",
  "city_as_filed": "ALEXANDRIA",
  "url": "https://advisorcensus.com/firm/motley-fool-asset-management-alexandria-va-149688",
  "display_name": "Motley Fool Asset Management",
  "summary": "Motley Fool Asset Management is an SEC-registered investment advisory firm in Alexandria, VA, registered since 2009, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated September 23, 2026.",
  "citation": "AdvisorCensus. Motley Fool Asset Management (CRD 149688): 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 investment companies (and business development companies)"
  ],
  "quick_answers": [
    {
      "q": "How is Motley Fool Asset Management compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Motley Fool Asset Management reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "Where is Motley Fool Asset Management located?",
      "a": "Motley Fool Asset Management's principal office is in Alexandria, VA, according to its Form ADV."
    },
    {
      "q": "Is Motley Fool Asset Management registered with the SEC or a state?",
      "a": "Motley Fool Asset Management is an SEC-registered investment advisory firm, registered since 2009. Status as filed: Approved. CRD 149688."
    },
    {
      "q": "How much does Motley Fool Asset Management manage?",
      "a": "Motley Fool Asset Management reports $2,603,671,290 in regulatory assets under management in its Form ADV filing dated September 23, 2026 (100% discretionary)."
    },
    {
      "q": "How have Motley Fool Asset Management's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Motley Fool Asset Management: Regulatory assets under management: $1,404,218,755 in the October 2021 data and $2,603,671,290 in the October 2026 data, up 85%. Total employees: 9 in October 2021 and 14 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Motley Fool Asset Management serve?",
      "a": "By number of clients on Form ADV Item 5.D: investment companies (6)."
    },
    {
      "q": "Does Motley Fool Asset Management 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/149688"
    },
    {
      "q": "What changed in Motley Fool Asset Management's recent Form ADV filings?",
      "a": "In the October 2026 filing data: Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 1404218755.0,
      "total_employees": 9,
      "filing_date": "2020-12-24"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 1665123421.0,
      "total_employees": 11,
      "filing_date": "2022-02-18"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 1072838116.0,
      "total_employees": 10,
      "filing_date": "2023-05-16"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 1242450236.0,
      "total_employees": 11,
      "filing_date": "2023-12-21"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 1841033142.0,
      "total_employees": 12,
      "filing_date": "2025-07-31"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 2603671290.0,
      "total_employees": 14,
      "filing_date": "2026-09-23"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-10-01",
      "period_label": "October 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-08-01",
      "period_label": "August 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "Employees performing advisory functions went from 10 to 12.",
        "Regulatory assets under management went from $1,841,033,142 to $2,603,671,290 (+41%)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/motley-fool-asset-management-alexandria-va-149688.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 6,
      "fewer_than_5": false,
      "raum": 2603671290.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    }
  ],
  "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/149688",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}