{ "crd_number": 138459, "slug": "navy-federal-investment-services-llc-vienna-va-138459", "primary_business_name": "NAVY FEDERAL INVESTMENT SERVICES, LLC", "legal_name": "NAVY FEDERAL INVESTMENT SERVICES, LLC", "dbas": [], "city": "Vienna", "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": "2007-06-21", "years_registered": 19, "period": "2026-10-01", "filing_date": "2026-09-30", "carried_forward": false, "raum_total": 2100125394.0, "raum_discretionary": 0.0, "raum_non_discretionary": 2100125394.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 206, "advisory_employees": 147, "client_count_bucket": null, "clients_by_type": { "individuals": { "raum": 1677419015.0, "count": 7093 }, "high_net_worth_individuals": { "raum": 422706379.0, "count": 331 } }, "compensation_types": [ "percentage_of_aum" ], "advisory_activities": [ "educational_seminars", "financial_planning", "portfolio_management_businesses_institutional", "portfolio_management_individuals", "selection_of_other_advisers" ], "wrap_fee_participant": true, "disclosure_yes_count": 0, "states_registered": [ "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" ], "websites": [ "https://navyfederal.org/investment-services" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/138459", "city_as_filed": "VIENNA", "url": "https://advisorcensus.com/firm/navy-federal-investment-services-llc-vienna-va-138459", "display_name": "Navy Federal Investment Services, LLC", "summary": "Navy Federal Investment Services, LLC is an SEC-registered investment advisory firm in Vienna, VA, registered since 2007, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated September 30, 2026.", "citation": "AdvisorCensus. Navy Federal Investment Services, LLC (CRD 138459): 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": [ "Financial planning services", "Portfolio management for individuals and/or small businesses", "Portfolio management for businesses (other than small businesses) or institutional clients", "Selection of other advisers (including private fund managers)", "Educational seminars/workshops" ], "quick_answers": [ { "q": "How is Navy Federal Investment Services, LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Navy Federal Investment Services, LLC reports these compensation arrangements: a percentage of assets under its management." }, { "q": "Where is Navy Federal Investment Services, LLC located?", "a": "Navy Federal Investment Services, LLC's principal office is in Vienna, VA, according to its Form ADV; the October 2026 filing also lists 23 other offices (Schedule D, Section 1.F)." }, { "q": "Is Navy Federal Investment Services, LLC registered with the SEC or a state?", "a": "Navy Federal Investment Services, LLC is an SEC-registered investment advisory firm, registered since 2007. Status as filed: Approved. CRD 138459." }, { "q": "How much does Navy Federal Investment Services, LLC manage?", "a": "Navy Federal Investment Services, LLC reports $2,100,125,394 in regulatory assets under management in its Form ADV filing dated September 30, 2026 (0% discretionary)." }, { "q": "How have Navy Federal Investment Services, LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for Navy Federal Investment Services, LLC: Regulatory assets under management: $726,306,540 in the October 2021 data and $2,100,125,394 in the October 2026 data, up 189%. Total employees: 116 in October 2021 and 206 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Navy Federal Investment Services, LLC serve?", "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (7,093); high net worth individuals (331)." }, { "q": "Which custodians does Navy Federal Investment Services, LLC use?", "a": "Navy Federal Investment Services, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Pershing LLC as a custodian holding 10% or more of its separately managed account assets." }, { "q": "Does Navy Federal Investment Services, 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/138459" }, { "q": "What changed in Navy Federal Investment Services, LLC's recent Form ADV filings?", "a": "In the October 2026 filing data: Added an office in Chantilly, VA. No longer lists an office in Centreville, VA." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 726306540.0, "total_employees": 116, "filing_date": "2021-03-16" }, { "period": "2022-10-01", "regulatory_assets_under_management": 899083385.0, "total_employees": 136, "filing_date": "2022-07-14" }, { "period": "2023-10-01", "regulatory_assets_under_management": 852387830.0, "total_employees": 136, "filing_date": "2023-03-28" }, { "period": "2024-10-01", "regulatory_assets_under_management": 1472814495.0, "total_employees": 151, "filing_date": "2024-05-24" }, { "period": "2025-10-01", "regulatory_assets_under_management": 1713608579.0, "total_employees": 176, "filing_date": "2025-03-28" }, { "period": "2026-10-01", "regulatory_assets_under_management": 2100125394.0, "total_employees": 206, "filing_date": "2026-09-30" } ], "recent_changes": [ { "period": "2026-10-01", "period_label": "October 2026", "notes": [ "Added an office in Chantilly, VA.", "No longer lists an office in Centreville, VA." ] }, { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 91 to 147.", "Regulatory assets under management went from $1,713,608,579 to $2,100,125,394 (+23%).", "Changed its office addresses in Rockville, MD.", "Changed its office addresses in Washington, DC." ] } ], "fees_from_brochure": null, "custodians": [ { "name": "Pershing LLC", "name_as_filed": "PERSHING LLC", "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/navy-federal-investment-services-llc-vienna-va-138459.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 7093, "fewer_than_5": false, "raum": 1677419015.0 }, { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 331, "fewer_than_5": false, "raum": 422706379.0 } ], "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/138459", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }