# Munifi, LLC

> 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.

- CRD: 331613
- Filed as: MUNIFI, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Hermosa Beach, CA
- Filing period: October 2026
- Form ADV filing dated: March 9, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/331613
- AdvisorCensus page: https://advisorcensus.com/firm/munifi-llc-hermosa-beach-ca-331613

## Quick answers

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

**How much does Munifi, LLC charge?**
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.

**Where is Munifi, LLC located?**
Munifi, LLC's principal office is in Hermosa Beach, CA, according to its Form ADV.

**Is Munifi, LLC registered with the SEC or a state?**
Munifi, LLC is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 331613.

**How much does Munifi, LLC manage?**
Munifi, LLC reports $197,892 in regulatory assets under management in its Form ADV filing dated March 9, 2026 (6% discretionary).

**How have Munifi, LLC's assets and staff changed since 2024?**
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.

**What types of clients does Munifi, LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (5); individuals (other than high net worth individuals) (2).

**Which custodians does Munifi, LLC use?**
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.

**Does Munifi, 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/331613

**Does Munifi, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 9, 2026 says: "There is no account minimum for any of Munifi’s services."

**What changed in Munifi, LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $20,000 to $197,892 (+889%).

## 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 March 9, 2026)

- 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

> Total Assets Under Management Annual Fees $0 - $49,999 0.40% $50,000 - $99,999 0.30%

> Total Assets Under Management Annual Fees $100,000 - $249,999 0.25% $250,000 - $499,999 0.20% $500,000 – AND UP 0.15%

- Account minimum: None

> There is no account minimum for any of Munifi’s services.

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

### Custodians (Schedule D, Section 5.K(3))
- Apex Clearing Corporation

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: $197,892
- Discretionary: $10,972
- Non-discretionary: $186,920

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 2 | $9,460 |
| High net worth individuals | 5 | $188,432 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

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

### Firm details
- Registered since: 2024 (2 years)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, NE
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- munifi.app

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2024 | $0 | 1 | May 20, 2024 |
| October 2025 | $20,000 | 1 | May 2, 2025 |
| October 2026 | $197,892 | 1 | March 9, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $20,000 to $197,892 (+889%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Munifi, LLC (CRD 331613): Form ADV filing data as of October 2026.