{
  "crd_number": 331613,
  "slug": "munifi-llc-hermosa-beach-ca-331613",
  "primary_business_name": "MUNIFI, LLC",
  "legal_name": "MUNIFI, LLC",
  "dbas": [],
  "city": "Hermosa Beach",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "31080",
  "metro": {
    "cbsa_code": "31080",
    "common_name": "Los Angeles",
    "msa_name": "Los Angeles-Long Beach-Anaheim, CA",
    "path": "/advisors/ca/los-angeles"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2024-06-13",
  "years_registered": 2,
  "period": "2026-10-01",
  "filing_date": "2026-03-09",
  "carried_forward": false,
  "raum_total": 197892.0,
  "raum_discretionary": 10972.0,
  "raum_non_discretionary": 186920.0,
  "raum_band": "under_25m",
  "raum_band_label": "Under $25 million",
  "total_employees": 1,
  "advisory_employees": 1,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 0.0,
      "count": 0
    },
    "charitable": {
      "raum": 0.0,
      "count": 0
    },
    "individuals": {
      "raum": 9460.0,
      "count": 2,
      "fewer_than_5": true
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": 0
    },
    "state_municipal": {
      "raum": 0.0,
      "count": 0
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": 0
    },
    "investment_companies": {
      "raum": 0.0,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": 0.0,
      "count": 0
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 188432.0,
      "count": 5
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": 0.0,
      "count": 0
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "NE"
  ],
  "websites": [
    "https://munifi.app"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/331613",
  "city_as_filed": "HERMOSA BEACH",
  "url": "https://advisorcensus.com/firm/munifi-llc-hermosa-beach-ca-331613",
  "display_name": "Munifi, LLC",
  "summary": "Munifi, LLC is an SEC-registered investment advisory firm in Hermosa Beach, CA, registered since 2024, reporting under $25 million in regulatory assets under management in its Form ADV filing dated March 9, 2026.",
  "citation": "AdvisorCensus. Munifi, LLC (CRD 331613): 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 individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is Munifi, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Munifi, LLC reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "How much does Munifi, LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated March 9, 2026 states: Up to $49,999: 0.4% a year; $50,000 to $99,999: 0.3% a year; $100,000 to $249,999: 0.25% a year; $250,000 to $499,999: 0.2% a year; Above $500,000: 0.15% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Munifi, LLC located?",
      "a": "Munifi, LLC's principal office is in Hermosa Beach, CA, according to its Form ADV."
    },
    {
      "q": "Is Munifi, LLC registered with the SEC or a state?",
      "a": "Munifi, LLC is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 331613."
    },
    {
      "q": "How much does Munifi, LLC manage?",
      "a": "Munifi, LLC reports $197,892 in regulatory assets under management in its Form ADV filing dated March 9, 2026 (6% discretionary)."
    },
    {
      "q": "How have Munifi, LLC's assets and staff changed since 2024?",
      "a": "In the Form ADV data for Munifi, LLC: Regulatory assets under management: $0 in the October 2024 data and $197,892 in the October 2026 data. Total employees: 1 in October 2024 and 1 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Munifi, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (5); individuals (other than high net worth individuals) (2)."
    },
    {
      "q": "Which custodians does Munifi, LLC use?",
      "a": "Munifi, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Apex Clearing Corporation as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Munifi, 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/331613"
    },
    {
      "q": "Does Munifi, LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 9, 2026 says: \"There is no account minimum for any of Munifi’s services.\""
    },
    {
      "q": "What changed in Munifi, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $20,000 to $197,892 (+889%)."
    }
  ],
  "filing_history": [
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 0.0,
      "total_employees": 1,
      "filing_date": "2024-05-20"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 20000.0,
      "total_employees": 1,
      "filing_date": "2025-05-02"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 197892.0,
      "total_employees": 1,
      "filing_date": "2026-03-09"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $20,000 to $197,892 (+889%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 9, 2026",
    "provided_by_the_firm": false,
    "tiers": [
      {
        "band": "Up to $49,999",
        "rate": "0.4%"
      },
      {
        "band": "$50,000 to $99,999",
        "rate": "0.3%"
      },
      {
        "band": "$100,000 to $249,999",
        "rate": "0.25%"
      },
      {
        "band": "$250,000 to $499,999",
        "rate": "0.2%"
      },
      {
        "band": "Above $500,000",
        "rate": "0.15%"
      }
    ],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Fee schedule",
        "statements": [
          "Up to $49,999: 0.4% a year",
          "$50,000 to $99,999: 0.3% a year",
          "$100,000 to $249,999: 0.25% a year",
          "$250,000 to $499,999: 0.2% a year",
          "Above $500,000: 0.15% a year"
        ],
        "quotes": [
          "Total Assets Under Management Annual Fees\n$0 - $49,999 0.40% \n$50,000 - $99,999 0.30%",
          "Total Assets Under Management Annual Fees \n$100,000 - $249,999 0.25% \n$250,000 - $499,999 0.20% \n$500,000 – AND UP 0.15%"
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "There is no account minimum for any of Munifi’s services."
        ]
      }
    ],
    "values": {
      "tiers": [
        {
          "min": 0.0,
          "max": 49999.0,
          "rate_pct": 0.4
        },
        {
          "min": 50000.0,
          "max": 99999.0,
          "rate_pct": 0.3
        },
        {
          "min": 100000.0,
          "max": 249999.0,
          "rate_pct": 0.25
        },
        {
          "min": 250000.0,
          "max": 499999.0,
          "rate_pct": 0.2
        },
        {
          "min": 500000.0,
          "max": null,
          "rate_pct": 0.15
        }
      ],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 0.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "Total Assets Under Management Annual Fees\n$0 - $49,999 0.40% \n$50,000 - $99,999 0.30%",
      "Total Assets Under Management Annual Fees \n$100,000 - $249,999 0.25% \n$250,000 - $499,999 0.20% \n$500,000 – AND UP 0.15%",
      "There is no account minimum for any of Munifi’s services."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Apex Clearing Corporation",
      "name_as_filed": "APEX CLEARING CORPORATION",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/munifi-llc-hermosa-beach-ca-331613.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 2,
      "fewer_than_5": true,
      "raum": 9460.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 5,
      "fewer_than_5": false,
      "raum": 188432.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "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": 0.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    }
  ],
  "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/331613",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}