# Robert L. Bender, Inc. DBA Robert Bender & Associates

> Robert L. Bender, Inc. DBA Robert Bender & Associates is an SEC-registered investment advisory firm in Pasadena, CA, registered since 1978, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated February 10, 2026.

- CRD: 109766
- Filed as: ROBERT L. BENDER, INC. DBA ROBERT BENDER & ASSOCIATES
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Pasadena, CA
- Filing period: October 2026
- Form ADV filing dated: February 10, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/109766
- AdvisorCensus page: https://advisorcensus.com/firm/robert-l-bender-inc-dba-robert-bender-and-associates-pasadena-ca-109766

## Quick answers

**How is Robert L. Bender, Inc. DBA Robert Bender & Associates compensated?**
On its Form ADV (Item 5.E, October 2026), Robert L. Bender, Inc. DBA Robert Bender & Associates reports these compensation arrangements: a percentage of assets under its management.

**Where is Robert L. Bender, Inc. DBA Robert Bender & Associates located?**
Robert L. Bender, Inc. DBA Robert Bender & Associates' principal office is in Pasadena, CA, according to its Form ADV.

**Is Robert L. Bender, Inc. DBA Robert Bender & Associates registered with the SEC or a state?**
Robert L. Bender, Inc. DBA Robert Bender & Associates is an SEC-registered investment advisory firm, registered since 1978. Status as filed: Approved. CRD 109766.

**How much does Robert L. Bender, Inc. DBA Robert Bender & Associates manage?**
Robert L. Bender, Inc. DBA Robert Bender & Associates reports $510,925,781 in regulatory assets under management in its Form ADV filing dated February 10, 2026 (100% discretionary).

**How have Robert L. Bender, Inc. DBA Robert Bender & Associates' assets and staff changed since 2021?**
In the Form ADV data for Robert L. Bender, Inc. DBA Robert Bender & Associates: Regulatory assets under management: $332,741,293 in the October 2021 data and $510,925,781 in the October 2026 data, up 54%. Total employees: 6 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Robert L. Bender, Inc. DBA Robert Bender & Associates serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (220); individuals (other than high net worth individuals) (121).

**Which custodians does Robert L. Bender, Inc. DBA Robert Bender & Associates use?**
Robert L. Bender, Inc. DBA Robert Bender & Associates' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Robert L. Bender, Inc. DBA Robert Bender & Associates 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/109766

**Does Robert L. Bender, Inc. DBA Robert Bender & Associates state an account minimum?**
Its Form ADV Part 2A brochure dated February 10, 2026 says: "There is no minimum account size and Clients are not required to have a certain amount of investment experience or sophistication."

**What changed in Robert L. Bender, Inc. DBA Robert Bender & Associates' recent Form ADV filings?**
In the March 2026 filing data: Employees performing advisory functions went from 3 to 2. Regulatory assets under management went from $432,555,798 to $510,925,781 (+18%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Fees and minimums (Form ADV Part 2A brochure dated February 10, 2026)

- Account minimum: None

> There is no minimum account size and Clients are not required to have a certain amount of investment experience or sophistication.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

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.

### Regulatory assets under management (Item 5.F)
- Total: $510,925,781
- Discretionary: $510,925,781
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 121 | $37,645,518 |
| High net worth individuals | 220 | $466,058,759 |
| Charitable organizations | Fewer than 5 | $7,221,504 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses

### Firm details
- Registered since: 1978 (47 years)
- Employees: 5 total, 2 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: CA, CO, LA, NE, NH, NV, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [robertbender.com](https://robertbender.com)

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $332,741,293 | 6 | March 30, 2021 |
| October 2022 | $331,293,927 | 6 | March 29, 2022 |
| October 2023 | $280,686,905 | 6 | March 28, 2023 |
| October 2024 | $409,717,774 | 6 | March 26, 2024 |
| October 2025 | $432,555,798 | 6 | May 16, 2025 |
| October 2026 | $510,925,781 | 5 | February 10, 2026 |

Regulatory assets under management: $332,741,293 in the October 2021 data and $510,925,781 in the October 2026 data, up 54%.
Total employees: 6 in October 2021 and 5 in October 2026.

## Changes in the filing (last 12 months)

### March 2026
- Employees performing advisory functions went from 3 to 2.
- Regulatory assets under management went from $432,555,798 to $510,925,781 (+18%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Robert L. Bender, Inc. DBA Robert Bender & Associates (CRD 109766): Form ADV filing data as of October 2026.