{
  "crd_number": 311304,
  "slug": "parvin-fund-management-sioux-falls-sd-311304",
  "primary_business_name": "PARVIN FUND MANAGEMENT",
  "legal_name": "PARVIN FUND MANAGEMENT, LLC",
  "dbas": [],
  "city": "Sioux Falls",
  "state": "SD",
  "country": "United States",
  "cbsa_code": "43620",
  "metro": {
    "cbsa_code": "43620",
    "common_name": "Sioux Falls",
    "msa_name": "Sioux Falls, SD-MN",
    "path": "/advisors/sd/sioux-falls"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2020-11-17",
  "years_registered": 5,
  "period": "2026-10-01",
  "filing_date": "2026-03-31",
  "carried_forward": false,
  "raum_total": 10124009.0,
  "raum_discretionary": 10124009.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "under_25m",
  "raum_band_label": "Under $25 million",
  "total_employees": 2,
  "advisory_employees": 2,
  "client_count_bucket": null,
  "clients_by_type": {
    "investment_companies": {
      "raum": 10124009.0,
      "count": 1
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_investment_companies"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "PA",
    "SD"
  ],
  "websites": [
    "https://parvinfunds.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/311304",
  "city_as_filed": "SIOUX FALLS",
  "url": "https://advisorcensus.com/firm/parvin-fund-management-sioux-falls-sd-311304",
  "display_name": "Parvin Fund Management",
  "summary": "Parvin Fund Management is an SEC-registered investment advisory firm in Sioux Falls, SD, registered since 2020, reporting under $25 million in regulatory assets under management in its Form ADV filing dated March 31, 2026.",
  "citation": "AdvisorCensus. Parvin Fund Management (CRD 311304): 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 investment companies (and business development companies)"
  ],
  "quick_answers": [
    {
      "q": "How is Parvin Fund Management compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Parvin Fund Management reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Parvin Fund Management located?",
      "a": "Parvin Fund Management's principal office is in Sioux Falls, SD, according to its Form ADV."
    },
    {
      "q": "Is Parvin Fund Management registered with the SEC or a state?",
      "a": "Parvin Fund Management is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 311304."
    },
    {
      "q": "How much does Parvin Fund Management manage?",
      "a": "Parvin Fund Management reports $10,124,009 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary)."
    },
    {
      "q": "How have Parvin Fund Management's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Parvin Fund Management: Regulatory assets under management: $10,000 in the October 2021 data and $10,124,009 in the October 2026 data, up 101140%. 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 Parvin Fund Management serve?",
      "a": "By number of clients on Form ADV Item 5.D: investment companies (1)."
    },
    {
      "q": "Does Parvin Fund Management 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/311304"
    },
    {
      "q": "What changed in Parvin Fund Management's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $5,868,005 to $10,124,009 (+73%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 10000.0,
      "total_employees": 1,
      "filing_date": "2021-02-18"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 2235841.0,
      "total_employees": 2,
      "filing_date": "2022-07-27"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 4595778.0,
      "total_employees": 2,
      "filing_date": "2023-03-29"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 5666164.0,
      "total_employees": 2,
      "filing_date": "2024-03-27"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 5868005.0,
      "total_employees": 2,
      "filing_date": "2025-03-30"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 10124009.0,
      "total_employees": 2,
      "filing_date": "2026-03-31"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $5,868,005 to $10,124,009 (+73%)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/parvin-fund-management-sioux-falls-sd-311304.md",
  "clients": [
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 1,
      "fewer_than_5": false,
      "raum": 10124009.0
    }
  ],
  "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/311304",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}