{
  "crd_number": 289926,
  "slug": "preston-investments-kingman-az-289926",
  "primary_business_name": "PRESTON INVESTMENTS",
  "legal_name": "PRESTON ADVISORY SERVICES LLC",
  "dbas": [],
  "city": "Kingman",
  "state": "AZ",
  "country": "United States",
  "cbsa_code": "29420",
  "metro": {
    "cbsa_code": "29420",
    "common_name": "Lake Havasu City",
    "msa_name": "Lake Havasu City-Kingman, AZ",
    "path": "/advisors/az/lake-havasu-city"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2025-04-22",
  "years_registered": 1,
  "period": "2026-10-01",
  "filing_date": "2026-05-25",
  "carried_forward": false,
  "raum_total": 197679341.0,
  "raum_discretionary": 197679341.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 5,
  "advisory_employees": 4,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 105000.0,
      "count": 1,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 173301588.0,
      "count": 2509
    },
    "pension_profit_sharing": {
      "raum": 1151929.0,
      "count": 1,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 23120824.0,
      "count": 17
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AR",
    "AZ",
    "CA",
    "CO",
    "FL",
    "GA",
    "IA",
    "ID",
    "IL",
    "IN",
    "KS",
    "MI",
    "MN",
    "NM",
    "NV",
    "OH",
    "OK",
    "OR",
    "SC",
    "TN",
    "TX",
    "UT",
    "WA"
  ],
  "websites": [
    "https://prestoninvestments.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/289926",
  "city_as_filed": "KINGMAN",
  "url": "https://advisorcensus.com/firm/preston-investments-kingman-az-289926",
  "display_name": "Preston Investments",
  "summary": "Preston Investments is an SEC-registered investment advisory firm in Kingman, AZ, registered since 2025, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated May 25, 2026.",
  "citation": "AdvisorCensus. Preston Investments (CRD 289926): 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",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Preston Investments compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Preston Investments reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "Where is Preston Investments located?",
      "a": "Preston Investments' principal office is in Kingman, AZ, according to its Form ADV."
    },
    {
      "q": "Is Preston Investments registered with the SEC or a state?",
      "a": "Preston Investments is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 289926."
    },
    {
      "q": "How much does Preston Investments manage?",
      "a": "Preston Investments reports $197,679,341 in regulatory assets under management in its Form ADV filing dated May 25, 2026 (100% discretionary)."
    },
    {
      "q": "How have Preston Investments' assets and staff changed since 2025?",
      "a": "In the Form ADV data for Preston Investments: Regulatory assets under management: $146,291,985 in the October 2025 data and $197,679,341 in the October 2026 data, up 35%. Total employees: 4 in October 2025 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Preston Investments serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (2,509); high net worth individuals (17); pension and profit sharing plans (but not the plan participants or government pension plans) (1)."
    },
    {
      "q": "Which custodians does Preston Investments use?",
      "a": "Preston Investments' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Capital Client Group, Inc. and Charles Schwab & Co., Inc. as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Preston Investments 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/289926"
    },
    {
      "q": "Does Preston Investments state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated May 25, 2026 says: \"In general, we do not require a minimum dollar amount to open and maintain an advisory account.\""
    },
    {
      "q": "What changed in Preston Investments' recent Form ADV filings?",
      "a": "In the June 2026 filing data: Employees performing advisory functions went from 3 to 4."
    }
  ],
  "filing_history": [
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 146291985.0,
      "total_employees": 4,
      "filing_date": "2025-05-01"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 197679341.0,
      "total_employees": 5,
      "filing_date": "2026-05-25"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-06-01",
      "period_label": "June 2026",
      "notes": [
        "Employees performing advisory functions went from 3 to 4."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $146,291,985 to $197,679,341 (+35%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated May 25, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "In general, we do not require a minimum dollar amount to open and maintain an advisory account."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 0.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "In general, we do not require a minimum dollar amount to open and maintain an advisory account."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Capital Client Group, Inc.",
      "name_as_filed": "CAPITAL CLIENT GROUP, INC.",
      "affiliated": false
    },
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "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/preston-investments-kingman-az-289926.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 2509,
      "fewer_than_5": false,
      "raum": 173301588.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 17,
      "fewer_than_5": false,
      "raum": 23120824.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 1,
      "fewer_than_5": true,
      "raum": 1151929.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 1,
      "fewer_than_5": true,
      "raum": 105000.0
    }
  ],
  "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/289926",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}