{
  "crd_number": 306119,
  "slug": "rayliant-investment-research-walnut-ca-306119",
  "primary_business_name": "RAYLIANT INVESTMENT RESEARCH",
  "legal_name": "RAYLIANT INVESTMENT RESEARCH",
  "dbas": [
    "RAYLIANT ASSET MANAGEMENT",
    "RAYLIANT GLOBAL ADVISORS"
  ],
  "city": "Walnut",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "31080",
  "metro": {
    "cbsa_code": "31080",
    "common_name": "Los Angeles",
    "msa_name": "Los Angeles-Long Beach-Anaheim, CA",
    "path": "/advisors/ca/los-angeles"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2020-04-01",
  "years_registered": 6,
  "period": "2026-10-01",
  "filing_date": "2026-07-30",
  "carried_forward": false,
  "raum_total": 203450744.0,
  "raum_discretionary": 203450744.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 21,
  "advisory_employees": 8,
  "client_count_bucket": null,
  "clients_by_type": {
    "investment_companies": {
      "raum": 203450744.0,
      "count": 4
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "other",
    "portfolio_management_investment_companies"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA"
  ],
  "websites": [
    "https://linkedin.com/company/rayliant",
    "https://rayliant.com",
    "https://twitter.com/rayliant"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/306119",
  "city_as_filed": "WALNUT",
  "url": "https://advisorcensus.com/firm/rayliant-investment-research-walnut-ca-306119",
  "display_name": "Rayliant Investment Research",
  "summary": "Rayliant Investment Research is an SEC-registered investment advisory firm in Walnut, CA, registered since 2020, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated July 30, 2026.",
  "citation": "AdvisorCensus. Rayliant Investment Research (CRD 306119): 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)",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Rayliant Investment Research compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Rayliant Investment Research 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 Rayliant Investment Research located?",
      "a": "Rayliant Investment Research's principal office is in Walnut, CA, according to its Form ADV; the August 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Rayliant Investment Research registered with the SEC or a state?",
      "a": "Rayliant Investment Research is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 306119."
    },
    {
      "q": "How much does Rayliant Investment Research manage?",
      "a": "Rayliant Investment Research reports $203,450,744 in regulatory assets under management in its Form ADV filing dated July 30, 2026 (100% discretionary)."
    },
    {
      "q": "How have Rayliant Investment Research's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Rayliant Investment Research: Regulatory assets under management: $222,704,318 in the October 2021 data and $203,450,744 in the October 2026 data, down 9%. Total employees: 16 in October 2021 and 21 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Rayliant Investment Research serve?",
      "a": "By number of clients on Form ADV Item 5.D: investment companies (4)."
    },
    {
      "q": "Does Rayliant Investment Research 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/306119"
    },
    {
      "q": "What changed in Rayliant Investment Research's recent Form ADV filings?",
      "a": "In the August 2026 filing data: Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 222704318.0,
      "total_employees": 16,
      "filing_date": "2021-09-09"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 293866407.0,
      "total_employees": 16,
      "filing_date": "2022-08-16"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 169256600.0,
      "total_employees": 16,
      "filing_date": "2023-09-14"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 135300000.0,
      "total_employees": 21,
      "filing_date": "2024-02-16"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 167621478.0,
      "total_employees": 34,
      "filing_date": "2025-04-29"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 203450744.0,
      "total_employees": 21,
      "filing_date": "2026-07-30"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-08-01",
      "period_label": "August 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 11 to 8.",
        "Regulatory assets under management went from $167,621,478 to $203,450,744 (+21%).",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/rayliant-investment-research-walnut-ca-306119.md",
  "clients": [
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 4,
      "fewer_than_5": false,
      "raum": 203450744.0
    }
  ],
  "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/306119",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}