# Sali Fund Services

> Sali Fund Services is an SEC-registered investment advisory firm in Austin, TX, registered since 2003, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated August 25, 2026.

- CRD: 124235
- Filed as: SALI FUND SERVICES
- Legal name: Sali Fund Management, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Austin, TX
- Filing period: October 2026
- Form ADV filing dated: August 25, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/124235
- AdvisorCensus page: https://advisorcensus.com/firm/sali-fund-services-austin-tx-124235

## Quick answers

**How is Sali Fund Services compensated?**
On its Form ADV (Item 5.E, October 2026), Sali Fund Services reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); performance-based fees.

**Where is Sali Fund Services located?**
Sali Fund Services' principal office is in Austin, TX, according to its Form ADV.

**Is Sali Fund Services registered with the SEC or a state?**
Sali Fund Services is an SEC-registered investment advisory firm, registered since 2003. Status as filed: Approved. CRD 124235.

**How much does Sali Fund Services manage?**
Sali Fund Services reports $45,993,201,577 in regulatory assets under management in its Form ADV filing dated August 25, 2026 (100% discretionary).

**How have Sali Fund Services' assets and staff changed since 2021?**
In the Form ADV data for Sali Fund Services: Regulatory assets under management: $15,933,229,303 in the October 2021 data and $45,993,201,577 in the October 2026 data, up 189%. Total employees: 48 in October 2021 and 79 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Sali Fund Services serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (240); insurance companies (6).

**Which custodians does Sali Fund Services use?**
Sali Fund Services' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Bank of New York, Charles Schwab & Co., Inc. and Goldman Sachs & Co. LLC as custodians holding 10% or more of its separately managed account assets.

**Does Sali Fund Services 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/124235

**What changed in Sali Fund Services' recent Form ADV filings?**
In the September 2026 filing data: Regulatory assets under management went from $41,716,443,368 to $45,993,201,577 (+10%). Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
- Performance-based fees

### Custodians (Schedule D, Section 5.K(3))
- Bank of New York
- Charles Schwab & Co., Inc.
- Goldman Sachs & Co. LLC

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: $45,993,201,577
- Discretionary: $45,993,201,577
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 240 | $44,985,357,764 |
| Insurance companies | 6 | $1,007,843,813 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2003 (23 years)
- Employees: 79 total, 5 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: TX, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- sali.com
- saliportal.com
- LinkedIn @sali-fund-services

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $15,933,229,303 | 48 | March 30, 2021 |
| October 2022 | $17,415,942,051 | 49 | September 19, 2022 |
| October 2023 | $18,775,415,010 | 53 | September 7, 2023 |
| October 2024 | $23,884,684,848 | 55 | August 29, 2024 |
| October 2025 | $33,713,938,071 | 64 | June 23, 2025 |
| October 2026 | $45,993,201,577 | 79 | August 25, 2026 |

Regulatory assets under management: $15,933,229,303 in the October 2021 data and $45,993,201,577 in the October 2026 data, up 189%.
Total employees: 48 in October 2021 and 79 in October 2026.

## Changes in the filing (last 12 months)

### September 2026
- Regulatory assets under management went from $41,716,443,368 to $45,993,201,577 (+10%).
- Updated its list of owners and control persons (Schedule A).

### June 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Regulatory assets under management went from $33,713,938,071 to $41,716,443,368 (+24%).
- Updated its list of owners and control persons (Schedule A).

### January 2026
- No longer registered or notice-filed in NY.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Sali Fund Services (CRD 124235): Form ADV filing data as of October 2026.