# Saxon Securities LLC

> Saxon Securities LLC is an SEC-registered investment advisory firm in San Francisco, CA, registered since 2014, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated March 27, 2026.

- CRD: 155168
- Filed as: SAXON SECURITIES LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: San Francisco, CA
- Filing period: October 2026
- Form ADV filing dated: March 27, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/155168
- AdvisorCensus page: https://advisorcensus.com/firm/saxon-securities-llc-san-francisco-ca-155168

## Quick answers

**How is Saxon Securities LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Saxon Securities LLC reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Saxon Securities LLC located?**
Saxon Securities LLC's principal office is in San Francisco, CA, according to its Form ADV.

**Is Saxon Securities LLC registered with the SEC or a state?**
Saxon Securities LLC is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 155168.

**How much does Saxon Securities LLC manage?**
Saxon Securities LLC reports $94,631,605 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary).

**How have Saxon Securities LLC's assets and staff changed since 2021?**
In the Form ADV data for Saxon Securities LLC: Regulatory assets under management: $425,683,813 in the October 2021 data and $94,631,605 in the October 2026 data, down 78%. Total employees: 8 in October 2021 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Saxon Securities LLC serve?**
By number of clients on Form ADV Item 5.D: charitable organizations (7); other investment advisers (7); state or municipal government entities (including government pension plans) (5).

**Which custodians does Saxon Securities LLC use?**
Saxon Securities LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Mid Atlantic Trust Company and U.S. Bank Trust Company, National Association as custodians holding 10% or more of its separately managed account assets.

**Does Saxon Securities 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/155168

**What changed in Saxon Securities LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $137,174,793 to $94,631,605 (-31%).

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- Mid Atlantic Trust Company
- U.S. Bank Trust Company, National Association

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: $94,631,605
- Discretionary: $94,631,605
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| High net worth individuals | 1 | $15,601 |
| Charitable organizations | 7 | $13,334,184 |
| State or municipal government entities (including government pension plans) | 5 | $15,816,015 |
| Other investment advisers | 7 | $29,350,567 |
| Corporations or other businesses not listed above | 5 | $36,115,238 |

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

### Firm details
- Registered since: 2014 (12 years)
- Employees: 2 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- saxonsecurities.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $425,683,813 | 8 | March 29, 2021 |
| October 2022 | $349,745,590 | 4 | March 30, 2022 |
| October 2023 | $182,217,212 | 3 | March 29, 2023 |
| October 2024 | $186,843,565 | 2 | March 29, 2024 |
| October 2025 | $137,174,793 | 2 | March 26, 2025 |
| October 2026 | $94,631,605 | 2 | March 27, 2026 |

Regulatory assets under management: $425,683,813 in the October 2021 data and $94,631,605 in the October 2026 data, down 78%.
Total employees: 8 in October 2021 and 2 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $137,174,793 to $94,631,605 (-31%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Saxon Securities LLC (CRD 155168): Form ADV filing data as of October 2026.