{
  "crd_number": 110867,
  "slug": "orion-investment-co-st-louis-mo-110867",
  "primary_business_name": "ORION INVESTMENT CO",
  "legal_name": "ORION INVESTMENT CO",
  "dbas": [],
  "city": "St Louis",
  "state": "MO",
  "country": "United States",
  "cbsa_code": "41180",
  "metro": {
    "cbsa_code": "41180",
    "common_name": "St. Louis",
    "msa_name": "St. Louis, MO-IL",
    "path": "/advisors/mo/st-louis"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "1988-07-18",
  "years_registered": 38,
  "period": "2026-10-01",
  "filing_date": "2026-06-25",
  "carried_forward": false,
  "raum_total": 515417794.0,
  "raum_discretionary": 491944326.0,
  "raum_non_discretionary": 23473468.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 6,
  "advisory_employees": 3,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 0.0,
      "count": 0
    },
    "charitable": {
      "raum": 0.0,
      "count": null,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 28265611.0,
      "count": 277
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": null,
      "fewer_than_5": true
    },
    "state_municipal": {
      "raum": 0.0,
      "count": null,
      "fewer_than_5": true
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": null,
      "fewer_than_5": true
    },
    "investment_companies": {
      "raum": 0.0,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": 7283733.0,
      "count": null,
      "fewer_than_5": true
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": null,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 476851960.0,
      "count": 390
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": 3016490.0,
      "count": 6
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": null,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AL",
    "FL",
    "GA",
    "IL",
    "MO",
    "NY",
    "TX"
  ],
  "websites": [
    "https://orioninvestmentco.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/110867",
  "city_as_filed": "ST LOUIS",
  "url": "https://advisorcensus.com/firm/orion-investment-co-st-louis-mo-110867",
  "display_name": "Orion Investment Co",
  "summary": "Orion Investment Co is an SEC-registered investment advisory firm in St Louis, MO, registered since 1988, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated June 25, 2026.",
  "citation": "AdvisorCensus. Orion Investment Co (CRD 110867): 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 Orion Investment Co compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Orion Investment Co reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "What does Orion Investment Co's brochure say about its fees?",
      "a": "Its Form ADV Part 2A brochure dated June 25, 2026 states: Up to $1,000,000: 0.9% a year; $1,000,000 to $3,000,000: 0.75% a year; $3,000,000 to $5,000,000: 0.55% a year; Above $5,000,000: 0.35% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Orion Investment Co located?",
      "a": "Orion Investment Co's principal office is in St Louis, MO, according to its Form ADV."
    },
    {
      "q": "Is Orion Investment Co registered with the SEC or a state?",
      "a": "Orion Investment Co is an SEC-registered investment advisory firm, registered since 1988. Status as filed: Approved. CRD 110867."
    },
    {
      "q": "How much does Orion Investment Co manage?",
      "a": "Orion Investment Co reports $515,417,794 in regulatory assets under management in its Form ADV filing dated June 25, 2026 (95% discretionary)."
    },
    {
      "q": "How have Orion Investment Co's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Orion Investment Co: Regulatory assets under management: $382,348,137 in the October 2021 data and $515,417,794 in the October 2026 data, up 35%. Total employees: 5 in October 2021 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Orion Investment Co serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (390); individuals (other than high net worth individuals) (277); corporations or other businesses not listed above (6)."
    },
    {
      "q": "Which custodians does Orion Investment Co use?",
      "a": "Orion Investment Co's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists RBC Capital Markets, LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Orion Investment Co 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/110867"
    },
    {
      "q": "Does Orion Investment Co state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated June 25, 2026 says: \"While there is no official required minimum to invest, clients typically have substantial investable assets.\""
    },
    {
      "q": "What changed in Orion Investment Co's recent Form ADV filings?",
      "a": "In the July 2026 filing data: Regulatory assets under management went from $443,521,899 to $515,417,794 (+16%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 382348137.0,
      "total_employees": 5,
      "filing_date": "2021-06-25"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 422204907.0,
      "total_employees": 6,
      "filing_date": "2022-06-29"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 399670137.0,
      "total_employees": 6,
      "filing_date": "2023-06-27"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 464456301.0,
      "total_employees": 6,
      "filing_date": "2024-06-24"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 443521899.0,
      "total_employees": 6,
      "filing_date": "2025-06-26"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 515417794.0,
      "total_employees": 6,
      "filing_date": "2026-06-25"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-07-01",
      "period_label": "July 2026",
      "notes": [
        "Regulatory assets under management went from $443,521,899 to $515,417,794 (+16%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated June 25, 2026",
    "tiers": [
      {
        "band": "Up to $1,000,000",
        "rate": "0.9%"
      },
      {
        "band": "$1,000,000 to $3,000,000",
        "rate": "0.75%"
      },
      {
        "band": "$3,000,000 to $5,000,000",
        "rate": "0.55%"
      },
      {
        "band": "Above $5,000,000",
        "rate": "0.35%"
      }
    ],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Fee schedule",
        "statements": [
          "Up to $1,000,000: 0.9% a year",
          "$1,000,000 to $3,000,000: 0.75% a year",
          "$3,000,000 to $5,000,000: 0.55% a year",
          "Above $5,000,000: 0.35% a year"
        ],
        "quotes": [
          "Fees will be charged quarterly based on a percentage of assets under management as follows: 1/4 of 0.90% on the first $1,000,000 of asset value, plus 1/4 of 0.75% on the next $2,000,000 of asset value, plus 1/4 of 0.55% on the next $2,000,000 of asset value, plus 1/4 of 0.35% on assets over $5,000,000."
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "While there is no official required minimum to invest, clients typically have substantial investable assets."
        ]
      }
    ],
    "quotes": [
      "Fees will be charged quarterly based on a percentage of assets under management as follows: 1/4 of 0.90% on the first $1,000,000 of asset value, plus 1/4 of 0.75% on the next $2,000,000 of asset value, plus 1/4 of 0.55% on the next $2,000,000 of asset value, plus 1/4 of 0.35% on assets over $5,000,000.",
      "While there is no official required minimum to invest, clients typically have substantial investable assets."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "RBC Capital Markets, LLC",
      "name_as_filed": "RBC CAPITAL MARKETS, 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/orion-investment-co-st-louis-mo-110867.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 277,
      "fewer_than_5": false,
      "raum": 28265611.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 390,
      "fewer_than_5": false,
      "raum": 476851960.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": null,
      "fewer_than_5": true,
      "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": null,
      "fewer_than_5": true,
      "raum": 7283733.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": true,
      "raum": 0.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": null,
      "fewer_than_5": true,
      "raum": 0.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": null,
      "fewer_than_5": true,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": null,
      "fewer_than_5": true,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": null,
      "fewer_than_5": true,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 6,
      "fewer_than_5": false,
      "raum": 3016490.0
    },
    {
      "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/110867",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}