# Permanent Equity Management

> Permanent Equity Management is an SEC-registered investment advisory firm in Columbia, MO, registered since 2020, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 309530
- Filed as: PERMANENT EQUITY MANAGEMENT
- Legal name: Permanent Equity Management, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Columbia, MO
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/309530
- AdvisorCensus page: https://advisorcensus.com/firm/permanent-equity-management-columbia-mo-309530

## Quick answers

**How is Permanent Equity Management compensated?**
On its Form ADV (Item 5.E, October 2026), Permanent Equity Management reports these compensation arrangements: performance-based fees; other.

**Where is Permanent Equity Management located?**
Permanent Equity Management's principal office is in Columbia, MO, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Permanent Equity Management registered with the SEC or a state?**
Permanent Equity Management is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 309530.

**How much does Permanent Equity Management manage?**
Permanent Equity Management reports $508,750,700 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have Permanent Equity Management's assets and staff changed since 2021?**
In the Form ADV data for Permanent Equity Management: Regulatory assets under management: $351,465,911 in the October 2021 data and $508,750,700 in the October 2026 data, up 45%. Total employees: 12 in October 2021 and 15 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Permanent Equity Management serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (3).

**Does Permanent Equity Management 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/309530

**What changed in Permanent Equity Management's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 15 to 13.

## From the Form ADV filing

### Compensation (Item 5.E)
- Performance-based fees
- Other

### Regulatory assets under management (Item 5.F)
- Total: $508,750,700
- Discretionary: $508,750,700
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $508,750,700 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2020 (6 years)
- Employees: 15 total, 13 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: MO
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Columbia, MO

### Websites listed on Form ADV (Item 1.I)
- permanentequity.com
- Facebook @permanentequity
- Instagram @permanentequity
- LinkedIn @permanentequity
- X @PermanentEquity
- YouTube @permanentequity

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $351,465,911 | 12 | March 24, 2021 |
| October 2022 | $372,200,207 | 14 | August 2, 2022 |
| October 2023 | $377,315,138 | 17 | May 10, 2023 |
| October 2024 | $400,832,701 | 18 | June 4, 2024 |
| October 2025 | $464,935,551 | 17 | April 30, 2025 |
| October 2026 | $508,750,700 | 15 | March 31, 2026 |

Regulatory assets under management: $351,465,911 in the October 2021 data and $508,750,700 in the October 2026 data, up 45%.
Total employees: 12 in October 2021 and 15 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 15 to 13.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Permanent Equity Management (CRD 309530): Form ADV filing data as of October 2026.