{ "crd_number": 111452, "slug": "rational-advisors-inc-san-juan-pr-111452", "primary_business_name": "RATIONAL ADVISORS, INC.", "legal_name": "RATIONAL ADVISORS, INC.", "dbas": [], "city": "San Juan", "state": "PR", "country": "United States", "cbsa_code": "41980", "metro": null, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2001-04-18", "years_registered": 25, "period": "2026-10-01", "filing_date": "2026-05-08", "carried_forward": false, "raum_total": 2562080825.0, "raum_discretionary": 2562080825.0, "raum_non_discretionary": 0.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 17, "advisory_employees": 8, "client_count_bucket": null, "clients_by_type": { "investment_companies": { "raum": 2552334808.0, "count": 12 }, "pooled_investment_vehicles": { "raum": 9746017.0, "count": 1 } }, "compensation_types": [ "percentage_of_aum", "performance_based" ], "advisory_activities": [ "educational_seminars", "portfolio_management_investment_companies", "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 4, "states_registered": [ "NY", "PR" ], "websites": [ "https://catalyst-insights.com", "https://golyetf.com", "https://linkedin.com/company/rational-advisors-inc.", "https://linkedin.com/company/strategy-shares-etf", "https://rationalmf.com", "https://strategysharesetfs.com", "https://x.com/RATIONALMF" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/111452", "disclosure_items": [ { "item": "11.C(1)", "question": "Has the SEC or the CFTC ever found that the firm or an advisory affiliate made a false statement or omission?" }, { "item": "11.C(2)", "question": "Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?" }, { "item": "11.C(4)", "question": "Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?" }, { "item": "11.C(5)", "question": "Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?" } ], "city_as_filed": "SAN JUAN", "url": "https://advisorcensus.com/firm/rational-advisors-inc-san-juan-pr-111452", "display_name": "Rational Advisors, Inc.", "summary": "Rational Advisors, Inc. is an SEC-registered investment advisory firm in San Juan, PR, registered since 2001, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated May 8, 2026.", "citation": "AdvisorCensus. Rational Advisors, Inc. (CRD 111452): 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" ], "advisory_activity_labels": [ "Portfolio management for investment companies (and business development companies)", "Portfolio management for pooled investment vehicles (other than investment companies)", "Educational seminars/workshops" ], "quick_answers": [ { "q": "How is Rational Advisors, Inc. compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Rational Advisors, Inc. reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure." }, { "q": "Where is Rational Advisors, Inc. located?", "a": "Rational Advisors, Inc.'s principal office is in San Juan, PR, according to its Form ADV; the June 2026 filing also lists 2 other offices (Schedule D, Section 1.F)." }, { "q": "Is Rational Advisors, Inc. registered with the SEC or a state?", "a": "Rational Advisors, Inc. is an SEC-registered investment advisory firm, registered since 2001. Status as filed: Approved. CRD 111452." }, { "q": "How much does Rational Advisors, Inc. manage?", "a": "Rational Advisors, Inc. reports $2,562,080,825 in regulatory assets under management in its Form ADV filing dated May 8, 2026 (100% discretionary)." }, { "q": "How have Rational Advisors, Inc.'s assets and staff changed since 2021?", "a": "In the Form ADV data for Rational Advisors, Inc.: Regulatory assets under management: $1,158,294,866 in the October 2021 data and $2,562,080,825 in the October 2026 data, up 121%. Total employees: 10 in October 2021 and 17 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Rational Advisors, Inc. serve?", "a": "By number of clients on Form ADV Item 5.D: investment companies (12); pooled investment vehicles (other than investment companies and business development companies) (1)." }, { "q": "Does Rational Advisors, Inc. report any disciplinary disclosures?", "a": "Reports 4 disclosure items on Form ADV Item 11: yes answers to 11.C(1) (SEC or CFTC finding of a false statement or omission), 11.C(2) (SEC or CFTC finding of a violation), 11.C(4) (SEC or CFTC order), and 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/111452" }, { "q": "What changed in Rational Advisors, Inc.'s recent Form ADV filings?", "a": "In the April 2026 filing data: Regulatory assets under management went from $2,283,242,065 to $2,562,080,825 (+12%). Added an office in Huntington, NY." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 1158294866.0, "total_employees": 10, "filing_date": "2021-04-27" }, { "period": "2022-10-01", "regulatory_assets_under_management": 3003778020.0, "total_employees": 13, "filing_date": "2022-07-27" }, { "period": "2023-10-01", "regulatory_assets_under_management": 2576883155.0, "total_employees": 13, "filing_date": "2023-08-24" }, { "period": "2024-10-01", "regulatory_assets_under_management": 2218085727.0, "total_employees": 12, "filing_date": "2024-03-27" }, { "period": "2025-10-01", "regulatory_assets_under_management": 2283242065.0, "total_employees": 12, "filing_date": "2025-06-17" }, { "period": "2026-10-01", "regulatory_assets_under_management": 2562080825.0, "total_employees": 17, "filing_date": "2026-05-08" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Regulatory assets under management went from $2,283,242,065 to $2,562,080,825 (+12%).", "Added an office in Huntington, NY." ] } ], "fees_from_brochure": null, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/rational-advisors-inc-san-juan-pr-111452.md", "clients": [ { "type": "investment_companies", "label": "Investment companies", "count": 12, "fewer_than_5": false, "raum": 2552334808.0 }, { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 1, "fewer_than_5": false, "raum": 9746017.0 } ], "disclosure_line": "Reports 4 disclosure items on Form ADV Item 11.", "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/111452", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }