AdvisorCensus / Financial advisors / Texas / Dallas / River Canyon Fund Management LLC
River Canyon Fund Management LLC is an SEC-registered investment advisory firm in Dallas, TX, registered since 2013, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 28, 2026.
Quick answers
From the filingHow is River Canyon Fund Management LLC compensated?
On its Form ADV (Item 5.E, October 2026), River Canyon Fund Management LLC reports these compensation arrangements: a percentage of assets under its management.
What does River Canyon Fund Management LLC's brochure say about its fees?
Its Form ADV Part 2A brochure dated March 28, 2026 states: Asset-based fee: 1% to 2% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is River Canyon Fund Management LLC located?
River Canyon Fund Management LLC's principal office is in Dallas, TX, according to its Form ADV; the April 2026 filing also lists 2 other offices (Schedule D, Section 1.F).
Is River Canyon Fund Management LLC registered with the SEC or a state?
River Canyon Fund Management LLC is an SEC-registered investment advisory firm, registered since 2013. Status as filed: Approved. CRD 169465.
How much does River Canyon Fund Management LLC manage?
River Canyon Fund Management LLC reports $2,075,272,000 in regulatory assets under management in its Form ADV filing dated March 28, 2026 (100% discretionary).
How have River Canyon Fund Management LLC's assets and staff changed since 2021?
In the Form ADV data for River Canyon Fund Management LLC: Regulatory assets under management: $1,485,077,000 in the October 2021 data and $2,075,272,000 in the October 2026 data, up 40%. Total employees: 161 in October 2021 and 161 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does River Canyon Fund Management LLC serve?
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (2); investment companies (1).
Does River Canyon Fund Management LLC report any disciplinary disclosures?
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/169465
What changed in River Canyon Fund Management LLC's recent Form ADV filings?
In the April 2026 filing data: Employees performing advisory functions went from 48 to 55. Regulatory assets under management went from $1,139,990,000 to $2,075,272,000 (+82%). Added an office in New York, NY. Updated its list of owners and control persons (Schedule A).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AAsset-based fee: 1% to 2% a year (a range, as the brochure states it)
The brochure's wording
The asset based management fees are normally charged at an annual rate of between 1% and 2% of the value of the Client’s net assets under management and are generally payable monthly or quarterly in arrears depending on the investment advisory agreement.
As stated in the firm's Form ADV Part 2A brochure dated March 28, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$2,075,272,000 as of October 2026, filing dated March 28, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Portfolio management for investment companies (and business development companies)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Other
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2013 (12 years)
- Employees
- Total: 161. Performing investment advisory functions: 55.
- Wrap fee program participation
- No.
- Other offices (Schedule D, Section 1.F)
-
2 other offices, as of the April 2026 filing
- States registered or notice-filed
-
3 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $2,075,272,000 | 161 | March 28, 2026 |
| October 2025 | $1,139,990,000 | 161 | March 29, 2025 |
| October 2024 | $884,648,000 | 158 | June 4, 2024 |
| October 2023 | $1,045,938,000 | 158 | March 23, 2023 |
| October 2022 | $1,935,875,000 | 156 | August 31, 2022 |
| October 2021 | $1,485,077,000 | 161 | March 25, 2021 |
Regulatory assets under management: $1,485,077,000 in the October 2021 data and $2,075,272,000 in the October 2026 data, up 40%.
Total employees: 161 in October 2021 and 161 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- April 2026
- Employees performing advisory functions went from 48 to 55.
- Regulatory assets under management went from $1,139,990,000 to $2,075,272,000 (+82%).
- Added an office in New York, NY.
- Updated its list of owners and control persons (Schedule A).
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. River Canyon Fund Management LLC (CRD 169465): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/river-canyon-fund-management-llc-dallas-tx-169465