AdvisorCensus / Financial advisors / Indiana / Indianapolis / Sbauer Funds, LLC
Sbauer Funds, LLC is an SEC-registered investment advisory firm in Carmel, IN, registered since 2007, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated February 25, 2026.
Quick answers
From the filingHow is Sbauer Funds, LLC compensated?
On its Form ADV (Item 5.E, October 2026), Sbauer Funds, LLC reports these compensation arrangements: a percentage of assets under its management.
What does Sbauer Funds, LLC's brochure say about its fees?
Its Form ADV Part 2A brochure dated February 25, 2026 states: Asset-based fee: 1.5% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Sbauer Funds, LLC located?
Sbauer Funds, LLC's principal office is in Carmel, IN, according to its Form ADV.
Is Sbauer Funds, LLC registered with the SEC or a state?
Sbauer Funds, LLC is an SEC-registered investment advisory firm, registered since 2007. Status as filed: Approved. CRD 144782.
How much does Sbauer Funds, LLC manage?
Sbauer Funds, LLC reports $61,336,188 in regulatory assets under management in its Form ADV filing dated February 25, 2026 (100% discretionary).
How have Sbauer Funds, LLC's assets and staff changed since 2021?
In the Form ADV data for Sbauer Funds, LLC: Regulatory assets under management: $19,166,566 in the October 2021 data and $61,336,188 in the October 2026 data, up 220%. Total employees: 6 in October 2021 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Sbauer Funds, LLC serve?
By number of clients on Form ADV Item 5.D: investment companies (1).
Does Sbauer Funds, 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/144782
What changed in Sbauer Funds, LLC's recent Form ADV filings?
In the March 2026 filing data: Updated its list of owners and control persons (Schedule A).
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
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 2AAsset-based fee: 1.5% of assets a year
The brochure's wording
The adviser will charge a management fee of 1.5% of fund net asset value as set forth in the fund prospectus. The management fee will be the same regardless of share class and is not negotiable.
As stated in the firm's Form ADV Part 2A brochure dated February 25, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$61,336,188 as of October 2026, filing dated February 25, 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 investment companies (and business development companies)
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2007 (19 years)
- Employees
- Total: 7. Performing investment advisory functions: 3.
- Wrap fee program participation
- No.
- States registered or notice-filed
-
1 state or jurisdiction
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 | $61,336,188 | 7 | February 25, 2026 |
| October 2025 | $59,761,645 | 8 | July 29, 2025 |
| October 2024 | $51,848,075 | 8 | March 26, 2024 |
| October 2023 | $36,862,210 | 8 | September 6, 2023 |
| October 2022 | $26,000,495 | 6 | March 23, 2022 |
| October 2021 | $19,166,566 | 6 | March 26, 2021 |
Regulatory assets under management: $19,166,566 in the October 2021 data and $61,336,188 in the October 2026 data, up 220%.
Total employees: 6 in October 2021 and 7 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
- Updated its list of owners and control persons (Schedule A).
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. Sbauer Funds, LLC (CRD 144782): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/sbauer-funds-llc-carmel-in-144782