# Robinhood Asset Management

> 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.

- CRD: 323736
- Filed as: ROBINHOOD ASSET MANAGEMENT
- 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)
- Location: Menlo Park, CA
- Filing period: October 2026
- Form ADV filing dated: June 15, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/323736
- AdvisorCensus page: https://advisorcensus.com/firm/robinhood-asset-management-menlo-park-ca-323736

## Quick answers

**How 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. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**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

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

### Regulatory assets under management (Item 5.F)
- Total: $1,518,264,544
- Discretionary: $1,518,264,544
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 252,664 | $1,518,264,544 |
| High net worth individuals | 0 | Not reported |
| Banking or thrift institutions | 0 | Not reported |
| Investment companies | 0 | Not reported |
| Business development companies | 0 | Not reported |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | Not reported |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | Not reported |
| Charitable organizations | 0 | Not reported |
| State or municipal government entities (including government pension plans) | 0 | Not reported |
| Other investment advisers | 0 | Not reported |
| Insurance companies | 0 | Not reported |
| Sovereign wealth funds and foreign official institutions | 0 | Not reported |
| Corporations or other businesses not listed above | 0 | Not reported |
| Other | 0 | Not reported |

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

### Firm details
- Registered since: 2025 (1 year)
- Employees: 138 total, 138 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VA, VI, VT, WA, WI, WV, WY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the July 2026 filing
- Chicago, IL
- Clearwater, FL
- Denver, CO
- Lake Mary, FL
- New York, NY
- Westlake, TX

### Websites listed on Form ADV (Item 1.I)
- reddit.com/user/robinhoodteam
- robinhood.com
- Facebook @robinhoodapp
- Instagram @robinhoodapp
- Instagram @stephguildnyc
- LinkedIn @robinhood
- LinkedIn @stephanie-guild-cfa-876b1aa
- LinkedIn @steve-quirk-56148a22
- LinkedIn @vlad-tenev-7037591b
- TikTok @robinhoodapp
- X @askrobinhood
- X @robinhoodapp
- X @robinhoodcomms
- X @stephguildnyc
- X @stevequirk_
- X @vladtenev
- YouTube @UCY55VHsy1umgvR35gl5bmUw

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2025 | $158,695,275 | 56 | July 1, 2025 |
| October 2026 | $1,518,264,544 | 138 | June 15, 2026 |

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.

## 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.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Robinhood Asset Management (CRD 323736): Form ADV filing data as of October 2026.