# Nephila Advisors LLC

> Nephila Advisors LLC is an SEC-registered investment advisory firm in Nashville, TN, registered since 2011, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated August 31, 2026.

- CRD: 156905
- Filed as: NEPHILA ADVISORS LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Nashville, TN
- Filing period: October 2026
- Form ADV filing dated: August 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/156905
- AdvisorCensus page: https://advisorcensus.com/firm/nephila-advisors-llc-nashville-tn-156905

## Quick answers

**How is Nephila Advisors LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Nephila Advisors LLC reports these compensation arrangements: other.

**Where is Nephila Advisors LLC located?**
Nephila Advisors LLC's principal office is in Nashville, TN, according to its Form ADV.

**Is Nephila Advisors LLC registered with the SEC or a state?**
Nephila Advisors LLC is an SEC-registered investment advisory firm, registered since 2011. Status as filed: Approved. CRD 156905.

**How much does Nephila Advisors LLC manage?**
Nephila Advisors LLC reports $12,876,891,944 in regulatory assets under management in its Form ADV filing dated August 31, 2026 (0% discretionary).

**How have Nephila Advisors LLC's assets and staff changed since 2021?**
In the Form ADV data for Nephila Advisors LLC: Regulatory assets under management: $20,130,875,658 in the October 2021 data and $12,876,891,944 in the October 2026 data, down 36%. Total employees: 43 in October 2021 and 38 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Nephila Advisors LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (39).

**Does Nephila Advisors 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/156905

**What changed in Nephila Advisors LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 13 to 12. Regulatory assets under management went from $11,416,758,491 to $12,876,891,944 (+13%). Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $12,876,891,944
- Discretionary: $0
- Non-discretionary: $12,876,891,944

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 39 | $12,876,891,944 |

### Advisory services (Item 5.G)
- Other

### Firm details
- Registered since: 2011 (15 years)
- Employees: 38 total, 12 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: TN
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- nephila.com
- nephilaclimate.com
- LinkedIn linkedin.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $20,130,875,658 | 43 | March 19, 2021 |
| October 2022 | $20,446,684,459 | 43 | March 31, 2022 |
| October 2023 | $18,829,944,477 | 39 | July 4, 2023 |
| October 2024 | $14,371,072,726 | 37 | March 25, 2024 |
| October 2025 | $11,416,758,491 | 36 | March 21, 2025 |
| October 2026 | $12,876,891,944 | 38 | August 31, 2026 |

Regulatory assets under management: $20,130,875,658 in the October 2021 data and $12,876,891,944 in the October 2026 data, down 36%.
Total employees: 43 in October 2021 and 38 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 13 to 12.
- Regulatory assets under management went from $11,416,758,491 to $12,876,891,944 (+13%).
- Updated its list of owners and control persons (Schedule A).

### February 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. Nephila Advisors LLC (CRD 156905): Form ADV filing data as of October 2026.