AdvisorCensus / Financial advisors / Florida / Miami / Openvest
Openvest is an SEC-registered investment advisory firm in Aventura, FL, registered since 2025, reporting under $25 million in regulatory assets under management in its Form ADV filing dated June 29, 2026.
Quick answers
From the filingHow is Openvest compensated?
On its Form ADV (Item 5.E, October 2026), Openvest reports these compensation arrangements: fixed fees (other than subscription fees).
Where is Openvest located?
Openvest's principal office is in Aventura, FL, according to its Form ADV.
Is Openvest registered with the SEC or a state?
Openvest is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 328152.
How much does Openvest manage?
Openvest reports $353,485 in regulatory assets under management in its Form ADV filing dated June 29, 2026 (100% discretionary).
How have Openvest's assets and staff changed since 2025?
In the Form ADV data for Openvest: Regulatory assets under management: $2,364 in the October 2025 data and $353,485 in the October 2026 data, up 14853%. Total employees: 2 in October 2025 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Openvest serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (139).
Does Openvest 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/328152
Does Openvest state an account minimum?
Its Form ADV Part 2A brochure dated March 31, 2026 says: "To create an account, Openvest requires a client to pay the Fixed Fee and to invest an initial minimum of $300 for individual taxable accounts and IRAs, which is communicated clearly during the onboarding process before account creation."
What changed in Openvest's recent Form ADV filings?
In the April 2026 filing data: Regulatory assets under management went from $2,364 to $353,485 (+14853%).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- Fixed fees (other than subscription fees)
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AAccount minimum: $300
The brochure's wording
To create an account, Openvest requires a client to pay the Fixed Fee and to invest an initial minimum of $300 for individual taxable accounts and IRAs, which is communicated clearly during the onboarding process before account creation.
As stated in the firm's Form ADV Part 2A brochure dated March 31, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$353,485 as of October 2026, filing dated June 29, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Portfolio management for individuals and/or small businesses
Registration and firm details
Items 1, 2, 5- Legal name
- Openvest Access LLC
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2025 (1 year)
- Employees
- Total: 2. Performing investment advisory functions: 1.
- Wrap fee program participation
- Yes.
- States registered or notice-filed
-
11 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $353,485 | 2 | June 29, 2026 |
| October 2025 | $2,364 | 2 | June 19, 2025 |
Regulatory assets under management: $2,364 in the October 2025 data and $353,485 in the October 2026 data, up 14853%.
Total employees: 2 in October 2025 and 2 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- April 2026
- Regulatory assets under management went from $2,364 to $353,485 (+14853%).
- December 2025
- Registered or notice-filed in CO, GA, KS, LA, MI, OH, TX, UT.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Openvest (CRD 328152): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/openvest-aventura-fl-328152