{ "crd_number": 286532, "slug": "platform-partners-llc-houston-tx-286532", "primary_business_name": "PLATFORM PARTNERS LLC", "legal_name": "PLATFORM PARTNERS LLC", "dbas": [], "city": "Houston", "state": "TX", "country": "United States", "cbsa_code": "26420", "metro": { "cbsa_code": "26420", "common_name": "Houston", "msa_name": "Houston-Pasadena-The Woodlands, TX", "path": "/advisors/tx/houston" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2017-03-21", "years_registered": 9, "period": "2026-10-01", "filing_date": "2026-09-29", "carried_forward": false, "raum_total": 824834000.0, "raum_discretionary": 824834000.0, "raum_non_discretionary": 0.0, "raum_band": "500m_1b", "raum_band_label": "$500 million to $1 billion", "total_employees": 22, "advisory_employees": 16, "client_count_bucket": null, "clients_by_type": { "pooled_investment_vehicles": { "raum": 824834000.0, "count": 2 } }, "compensation_types": [ "other", "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "TX" ], "websites": [ "https://platformllc.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/286532", "city_as_filed": "HOUSTON", "url": "https://advisorcensus.com/firm/platform-partners-llc-houston-tx-286532", "display_name": "Platform Partners LLC", "summary": "Platform Partners LLC is an SEC-registered investment advisory firm in Houston, TX, registered since 2017, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated September 29, 2026.", "citation": "AdvisorCensus. Platform Partners LLC (CRD 286532): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Performance-based fees", "Other" ], "advisory_activity_labels": [ "Portfolio management for pooled investment vehicles (other than investment companies)" ], "quick_answers": [ { "q": "How is Platform Partners LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Platform Partners LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees; other." }, { "q": "What does Platform Partners LLC's brochure say about its fees?", "a": "Its Form ADV Part 2A brochure dated April 1, 2026 states: Asset-based fee: 2% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement." }, { "q": "Where is Platform Partners LLC located?", "a": "Platform Partners LLC's principal office is in Houston, TX, according to its Form ADV." }, { "q": "Is Platform Partners LLC registered with the SEC or a state?", "a": "Platform Partners LLC is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 286532." }, { "q": "How much does Platform Partners LLC manage?", "a": "Platform Partners LLC reports $824,834,000 in regulatory assets under management in its Form ADV filing dated September 29, 2026 (100% discretionary)." }, { "q": "How have Platform Partners LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for Platform Partners LLC: Regulatory assets under management: $475,157,000 in the October 2021 data and $824,834,000 in the October 2026 data, up 74%. Total employees: 15 in October 2021 and 22 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Platform Partners LLC serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (2)." }, { "q": "Does Platform Partners 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/286532" }, { "q": "Does Platform Partners LLC state an account minimum?", "a": "Its Form ADV Part 2A brochure dated April 1, 2026 says: \"The Companies typically impose a $1 million minimum investment in connection with the purchase of its Shares, although such minimum may in some cases be waived at the discretion of the PPIC Board of Directors or the Investment Manager.\"" }, { "q": "What changed in Platform Partners LLC's recent Form ADV filings?", "a": "In the May 2026 filing data: Employees performing advisory functions went from 14 to 16." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 475157000.0, "total_employees": 15, "filing_date": "2021-04-13" }, { "period": "2022-10-01", "regulatory_assets_under_management": 741910000.0, "total_employees": 16, "filing_date": "2022-06-02" }, { "period": "2023-10-01", "regulatory_assets_under_management": 911944000.0, "total_employees": 17, "filing_date": "2023-06-12" }, { "period": "2024-10-01", "regulatory_assets_under_management": 645691000.0, "total_employees": 21, "filing_date": "2024-09-26" }, { "period": "2025-10-01", "regulatory_assets_under_management": 840817000.0, "total_employees": 21, "filing_date": "2025-06-03" }, { "period": "2026-10-01", "regulatory_assets_under_management": 824834000.0, "total_employees": 22, "filing_date": "2026-09-29" } ], "recent_changes": [ { "period": "2026-05-01", "period_label": "May 2026", "notes": [ "Employees performing advisory functions went from 14 to 16." ] } ], "fees_from_brochure": { "source": "Form ADV Part 2A brochure dated April 1, 2026", "tiers": [], "flat_rate": "2% of assets a year", "stated_range": null, "stated_maximum": null, "account_minimum": "$1,000,000", "account_minimum_may_be_waived": true, "minimum_annual_fee": null, "figures": [ { "label": "Asset-based fee", "statements": [ "Asset-based fee: 2% of assets a year" ], "quotes": [ "In consideration for the management services Platform provides to PPIC, Platform receives a management fee (referred to as “Overhead Expense”) calculated based on 2% of PPIC’s net asset value." ] }, { "label": "Account minimum", "statements": [ "Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)" ], "quotes": [ "The Companies typically impose a $1 million minimum investment in connection with the purchase of its Shares, although such minimum may in some cases be waived at the discretion of the PPIC Board of Directors or the Investment Manager." ] } ], "quotes": [ "In consideration for the management services Platform provides to PPIC, Platform receives a management fee (referred to as “Overhead Expense”) calculated based on 2% of PPIC’s net asset value.", "The Companies typically impose a $1 million minimum investment in connection with the purchase of its Shares, although such minimum may in some cases be waived at the discretion of the PPIC Board of Directors or the Investment Manager." ], "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable." }, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/platform-partners-llc-houston-tx-286532.md", "clients": [ { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 2, "fewer_than_5": false, "raum": 824834000.0 } ], "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/286532", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }