{
  "crd_number": 289398,
  "slug": "palm-springs-advisory-llc-289398",
  "primary_business_name": "PALM SPRINGS ADVISORY LLC",
  "legal_name": "PALM SPRINGS ADVISORY LLC",
  "dbas": [],
  "city": null,
  "state": null,
  "country": null,
  "cbsa_code": null,
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2017-11-29",
  "years_registered": 8,
  "period": "2026-10-01",
  "filing_date": "2026-09-02",
  "carried_forward": false,
  "raum_total": 35506240.0,
  "raum_discretionary": 5378045.0,
  "raum_non_discretionary": 30128195.0,
  "raum_band": "25m_100m",
  "raum_band_label": "$25 million to $100 million",
  "total_employees": 2,
  "advisory_employees": 1,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": 0.0,
      "count": null
    },
    "individuals": {
      "raum": 40851.0,
      "count": 2
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": null
    },
    "state_municipal": {
      "raum": 0.0,
      "count": null
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": null
    },
    "investment_companies": {
      "raum": 0.0,
      "count": null
    },
    "pension_profit_sharing": {
      "raum": 0.0,
      "count": null
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": null
    },
    "high_net_worth_individuals": {
      "raum": 33287377.0,
      "count": 18
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": null
    },
    "corporations_other_businesses": {
      "raum": 2178012.0,
      "count": 5
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": null
    }
  },
  "compensation_types": [
    "hourly",
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "DE"
  ],
  "websites": [
    "https://palmspringsadvisory.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/289398",
  "city_as_filed": null,
  "url": "https://advisorcensus.com/firm/palm-springs-advisory-llc-289398",
  "display_name": "Palm Springs Advisory LLC",
  "summary": "Palm Springs Advisory LLC is an SEC-registered investment advisory firm, registered since 2017, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated September 2, 2026.",
  "citation": "AdvisorCensus. Palm Springs Advisory LLC (CRD 289398): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Performance-based fees"
  ],
  "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"
  ],
  "quick_answers": [
    {
      "q": "How is Palm Springs Advisory LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Palm Springs Advisory LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; performance-based fees."
    },
    {
      "q": "How much does Palm Springs Advisory LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated August 4, 2026 states: Up to $1,000,000: 2% a year; $1,000,001 to $5,000,000: 1.75% a year; Above $5,000,000: 1.5% a year; Hourly rate: $500 an hour (Consulting services). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Is Palm Springs Advisory LLC registered with the SEC or a state?",
      "a": "Palm Springs Advisory LLC is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 289398."
    },
    {
      "q": "How much does Palm Springs Advisory LLC manage?",
      "a": "Palm Springs Advisory LLC reports $35,506,240 in regulatory assets under management in its Form ADV filing dated September 2, 2026 (15% discretionary)."
    },
    {
      "q": "How have Palm Springs Advisory LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Palm Springs Advisory LLC: Regulatory assets under management: $3,930,000 in the October 2021 data and $35,506,240 in the October 2026 data, up 803%. Total employees: 1 in October 2021 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Palm Springs Advisory LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (18); corporations or other businesses not listed above (5); individuals (other than high net worth individuals) (2)."
    },
    {
      "q": "Which custodians does Palm Springs Advisory LLC use?",
      "a": "Palm Springs Advisory LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Interactive Brokers LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Palm Springs Advisory 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/289398"
    },
    {
      "q": "Does Palm Springs Advisory LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated August 4, 2026 says: \"The minimum account size is $100,000 but can be less at the Firm’s discretion.\""
    },
    {
      "q": "What changed in Palm Springs Advisory LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $4,723,133 to $35,506,240 (+652%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 3930000.0,
      "total_employees": 1,
      "filing_date": "2021-08-18"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 3143013.0,
      "total_employees": 1,
      "filing_date": "2022-03-25"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 1693736.0,
      "total_employees": 1,
      "filing_date": "2023-03-29"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 1659074.0,
      "total_employees": 1,
      "filing_date": "2024-03-07"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 2015591.0,
      "total_employees": 1,
      "filing_date": "2025-03-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 35506240.0,
      "total_employees": 2,
      "filing_date": "2026-09-02"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $4,723,133 to $35,506,240 (+652%)."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "Regulatory assets under management went from $2,015,591 to $4,723,133 (+134%).",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated August 4, 2026",
    "provided_by_the_firm": false,
    "tiers": [
      {
        "band": "Up to $1,000,000",
        "rate": "2%"
      },
      {
        "band": "$1,000,001 to $5,000,000",
        "rate": "1.75%"
      },
      {
        "band": "Above $5,000,000",
        "rate": "1.5%"
      }
    ],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$100,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Hourly rate: $500 an hour (Consulting services)"
    ],
    "figures": [
      {
        "label": "Fee schedule",
        "statements": [
          "Up to $1,000,000: 2% a year",
          "$1,000,001 to $5,000,000: 1.75% a year",
          "Above $5,000,000: 1.5% a year"
        ],
        "quotes": [
          "PSA charges an annualized percentage of Net Liquidation Value (NLV), billed monthly in arrears and deducted at the beginning of the following month. Each Client’s written fee Schedule must select one valuation method: average daily adjusted NLV or month-end adjusted NLV.",
          "AUM Management Fee 0<$1,000,000 2.0% $1,000,001-$5,000,000 1.75% Over $5,000,000 1.5%"
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $100,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "The minimum account size is $100,000 but can be less at the Firm’s discretion."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $500 an hour (Consulting services)"
        ],
        "quotes": [
          "Consulting services are charged at up to $500 per hour or a fixed project fee stated in a separate written engagement."
        ]
      }
    ],
    "values": {
      "tiers": [
        {
          "min": 0.0,
          "max": 1000000.0,
          "rate_pct": 2.0
        },
        {
          "min": 1000001.0,
          "max": 5000000.0,
          "rate_pct": 1.75
        },
        {
          "min": 5000000.0,
          "max": null,
          "rate_pct": 1.5
        }
      ],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 100000.0,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "hourly",
          "amount": 500.0,
          "min": null,
          "max": null,
          "period": "hour",
          "service": "Consulting services"
        }
      ]
    },
    "quotes": [
      "PSA charges an annualized percentage of Net Liquidation Value (NLV), billed monthly in arrears and deducted at the beginning of the following month. Each Client’s written fee Schedule must select one valuation method: average daily adjusted NLV or month-end adjusted NLV.",
      "AUM Management Fee 0<$1,000,000 2.0% $1,000,001-$5,000,000 1.75% Over $5,000,000 1.5%",
      "The minimum account size is $100,000 but can be less at the Firm’s discretion.",
      "Consulting services are charged at up to $500 per hour or a fixed project fee stated in a separate written engagement."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "Interactive Brokers LLC",
      "name_as_filed": "INTERACTIVE BROKERS 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/palm-springs-advisory-llc-289398.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 2,
      "fewer_than_5": false,
      "raum": 40851.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 18,
      "fewer_than_5": false,
      "raum": 33287377.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": null,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": null,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": null,
      "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": false,
      "raum": 0.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": null,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": null,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": null,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": null,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 5,
      "fewer_than_5": false,
      "raum": 2178012.0
    }
  ],
  "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/289398",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}