AdvisorCensus / Financial advisors / California / San Francisco / Robinhood Asset Management
Robinhood Asset Management
Filed as ROBINHOOD ASSET MANAGEMENT · Legal name Robinhood Asset Management, LLC
Robinhood Asset Management is an SEC-registered investment advisory firm in Menlo Park, CA, registered since 2025, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated June 15, 2026.
Quick answers
From the filingHow is Robinhood Asset Management compensated?
On its Form ADV (Item 5.E, October 2026), Robinhood Asset Management reports these compensation arrangements: a percentage of assets under its management; other.
Where is Robinhood Asset Management located?
Robinhood Asset Management's principal office is in Menlo Park, CA, according to its Form ADV; the July 2026 filing also lists 6 other offices (Schedule D, Section 1.F).
Is Robinhood Asset Management registered with the SEC or a state?
Robinhood Asset Management is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 323736.
How much does Robinhood Asset Management manage?
Robinhood Asset Management reports $1,518,264,544 in regulatory assets under management in its Form ADV filing dated June 15, 2026 (100% discretionary).
How have Robinhood Asset Management's assets and staff changed since 2025?
In the Form ADV data for Robinhood Asset Management: Regulatory assets under management: $158,695,275 in the October 2025 data and $1,518,264,544 in the October 2026 data, up 857%. Total employees: 56 in October 2025 and 138 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Robinhood Asset Management serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (252,664).
Does Robinhood Asset Management 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/323736
What changed in Robinhood Asset Management's recent Form ADV filings?
In the March 2026 filing data: Regulatory assets under management went from $158,695,275 to $1,518,264,544 (+857%). Employees performing advisory functions went from 47 to 138. Added the business name RAN. Added the business name Robinhood Advisor Network. Added an office in Clearwater, FL.
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
- Other
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 2ASee the firm's brochure (dated June 15, 2026) for its fees and any account minimum, on the SEC's IAPD site.
Regulatory assets under management
Item 5.F$1,518,264,544 as of October 2026, filing dated June 15, 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 individuals and/or small businesses
- Other
Registration and firm details
Items 1, 2, 5- Legal name
- Robinhood Asset Management, LLC
- Also doing business as
- RAM, RAN, ROBINHOOD ADVISOR NETWORK, ROBINHOOD STRATEGIES
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2025 (1 year)
- Employees
- Total: 138. Performing investment advisory functions: 138.
- Wrap fee program participation
- No.
- Other offices (Schedule D, Section 1.F)
-
6 other offices, as of the July 2026 filing
- States registered or notice-filed
-
53 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 | $1,518,264,544 | 138 | June 15, 2026 |
| October 2025 | $158,695,275 | 56 | July 1, 2025 |
Regulatory assets under management: $158,695,275 in the October 2025 data and $1,518,264,544 in the October 2026 data, up 857%.
Total employees: 56 in October 2025 and 138 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- March 2026
- Regulatory assets under management went from $158,695,275 to $1,518,264,544 (+857%).
- Employees performing advisory functions went from 47 to 138.
- Added the business name RAN.
- Added the business name Robinhood Advisor Network.
- Added an office in Clearwater, FL.
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. Robinhood Asset Management (CRD 323736): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/robinhood-asset-management-menlo-park-ca-323736