{
  "crd_number": 174748,
  "slug": "red-reef-advisors-llc-boca-raton-fl-174748",
  "primary_business_name": "RED REEF ADVISORS LLC",
  "legal_name": "RED REEF ADVISORS LLC",
  "dbas": [],
  "city": "Boca Raton",
  "state": "FL",
  "country": "United States",
  "cbsa_code": "33100",
  "metro": {
    "cbsa_code": "33100",
    "common_name": "Miami",
    "msa_name": "Miami-Fort Lauderdale-West Palm Beach, FL",
    "path": "/advisors/fl/miami"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2025-05-13",
  "years_registered": 1,
  "period": "2026-10-01",
  "filing_date": "2026-07-16",
  "carried_forward": false,
  "raum_total": 134974430.0,
  "raum_discretionary": 120296354.0,
  "raum_non_discretionary": 14678076.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 3,
  "advisory_employees": 3,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 0.0,
      "count": 0
    },
    "charitable": {
      "raum": 469325.0,
      "count": 2,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 15921815.0,
      "count": 44
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": 0
    },
    "state_municipal": {
      "raum": 0.0,
      "count": 0
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": 0
    },
    "investment_companies": {
      "raum": 0.0,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": 14678076.0,
      "count": 2,
      "fewer_than_5": true
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 103905214.0,
      "count": 43
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": 0.0,
      "count": 0
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "FL",
    "NC",
    "NY",
    "PA"
  ],
  "websites": [
    "https://linkedin.com/company/red-reef-advisors-llc/about",
    "https://redreefadvisors.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/174748",
  "city_as_filed": "BOCA RATON",
  "url": "https://advisorcensus.com/firm/red-reef-advisors-llc-boca-raton-fl-174748",
  "display_name": "Red Reef Advisors LLC",
  "summary": "Red Reef Advisors LLC is an SEC-registered investment advisory firm in Boca Raton, FL, registered since 2025, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated July 16, 2026.",
  "citation": "AdvisorCensus. Red Reef Advisors LLC (CRD 174748): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Red Reef Advisors LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Red Reef Advisors LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Red Reef Advisors LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated March 26, 2026 states: Flat fee: $1,500 to $50,000 a year (Consulting services); Flat fee: $1,500 to $15,000 (one-time, customized financial plan); Hourly rate: $150 to $500 an hour. Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Red Reef Advisors LLC located?",
      "a": "Red Reef Advisors LLC's principal office is in Boca Raton, FL, according to its Form ADV; the August 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Red Reef Advisors LLC registered with the SEC or a state?",
      "a": "Red Reef Advisors LLC is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 174748."
    },
    {
      "q": "How much does Red Reef Advisors LLC manage?",
      "a": "Red Reef Advisors LLC reports $134,974,430 in regulatory assets under management in its Form ADV filing dated July 16, 2026 (89% discretionary)."
    },
    {
      "q": "How have Red Reef Advisors LLC's assets and staff changed since 2025?",
      "a": "In the Form ADV data for Red Reef Advisors LLC: Regulatory assets under management: $125,493,916 in the October 2025 data and $134,974,430 in the October 2026 data, up 8%. Total employees: 3 in October 2025 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Red Reef Advisors LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (44); high net worth individuals (43); pension and profit sharing plans (but not the plan participants or government pension plans) (2)."
    },
    {
      "q": "Which custodians does Red Reef Advisors LLC use?",
      "a": "Red Reef Advisors LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Fidelity Brokerage Services LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Red Reef Advisors 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/174748"
    },
    {
      "q": "What changed in Red Reef Advisors LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Registered or notice-filed in NY, PA."
    }
  ],
  "filing_history": [
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 125493916.0,
      "total_employees": 3,
      "filing_date": "2025-06-17"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 134974430.0,
      "total_employees": 3,
      "filing_date": "2026-07-16"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Registered or notice-filed in NY, PA."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 26, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Flat fee: $1,500 to $50,000 a year (Consulting services)",
      "Flat fee: $1,500 to $15,000 (one-time, customized financial plan)",
      "Hourly rate: $150 to $500 an hour"
    ],
    "figures": [
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $1,500 to $50,000 a year (Consulting services)"
        ],
        "quotes": [
          "At our discretion, we may enter into an engagement with a client to charge a fixed fee ranging between $1,500 and $50,000 annually, as opposed to an asset-based fee."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $1,500 to $15,000 (one-time, customized financial plan)"
        ],
        "quotes": [
          "However, fees are generally charged on a fixed fee basis ranging between $1,500 and $15,000 depending on the breadth of services provided, the complexity of the client’s situation, and the advisory representative providing services to the client."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $150 to $500 an hour"
        ],
        "quotes": [
          "In addition, Red Reef Advisors may negotiate hourly fee s for these services is between $ 150 and $500 per hour."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "flat",
          "amount": null,
          "min": 1500.0,
          "max": 50000.0,
          "period": "annual",
          "service": "Consulting services"
        },
        {
          "kind": "flat",
          "amount": null,
          "min": 1500.0,
          "max": 15000.0,
          "period": "one_time",
          "service": "one-time, customized financial plan"
        },
        {
          "kind": "hourly",
          "amount": null,
          "min": 150.0,
          "max": 500.0,
          "period": "hour",
          "service": "these services"
        }
      ]
    },
    "quotes": [
      "At our discretion, we may enter into an engagement with a client to charge a fixed fee ranging between $1,500 and $50,000 annually, as opposed to an asset-based fee.",
      "However, fees are generally charged on a fixed fee basis ranging between $1,500 and $15,000 depending on the breadth of services provided, the complexity of the client’s situation, and the advisory representative providing services to the client.",
      "In addition, Red Reef Advisors may negotiate hourly fee s for these services is between $ 150 and $500 per hour."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "Fidelity Brokerage Services LLC",
      "name_as_filed": "FIDELITY BROKERAGE SERVICES LLC",
      "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/red-reef-advisors-llc-boca-raton-fl-174748.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 44,
      "fewer_than_5": false,
      "raum": 15921815.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 43,
      "fewer_than_5": false,
      "raum": 103905214.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 2,
      "fewer_than_5": true,
      "raum": 14678076.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 2,
      "fewer_than_5": true,
      "raum": 469325.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    }
  ],
  "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/174748",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}