AdvisorCensus / Financial advisors / Texas / Dallas / Scout Energy Management LLC
Scout Energy Management LLC is an SEC-registered investment advisory firm in Dallas, TX, registered since 2013, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated May 21, 2026.
Quick answers
From the filingHow is Scout Energy Management LLC compensated?
On its Form ADV (Item 5.E, October 2026), Scout Energy Management LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.
Where is Scout Energy Management LLC located?
Scout Energy Management LLC's principal office is in Dallas, TX, according to its Form ADV.
Is Scout Energy Management LLC registered with the SEC or a state?
Scout Energy Management LLC is an SEC-registered investment advisory firm, registered since 2013. Status as filed: Approved. CRD 161832.
How much does Scout Energy Management LLC manage?
Scout Energy Management LLC reports $1,863,479,498 in regulatory assets under management in its Form ADV filing dated May 21, 2026 (100% discretionary).
How have Scout Energy Management LLC's assets and staff changed since 2021?
In the Form ADV data for Scout Energy Management LLC: Regulatory assets under management: $1,678,271,504 in the October 2021 data and $1,863,479,498 in the October 2026 data, up 11%. Total employees: 859 in October 2021 and 1,113 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Scout Energy Management LLC serve?
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (20).
Does Scout Energy Management 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/161832
What changed in Scout Energy Management LLC's recent Form ADV filings?
In the April 2026 filing data: No longer lists the business name Scout Energy Group McElroy Co-Invest VI, LP - Relying Adviser. No longer lists the business name Scout Energy Group Rangely Co-Invest V, LP - Relying Adviser. No longer lists the business name Scout Energy Group Co-Invest V, LP - Relying Adviser. No longer lists the business name Scout Development Group I, LP - Relying Adviser. No longer lists the business name SEG Bronco Co-Invest VI, LP - Relying Adviser. No longer lists the business name Scout Energy Group III, LP - Relying Adviser. No longer lists the business name Scout Energy Group VI, LP - Relying Adviser. No longer lists the business name Scout Energy Group IV, LP - Relying Adviser. No longer lists the business name Scout Energy Group II, LP - Relying Adviser. No longer lists the business name Scout Energy Group V, LP - Relying Adviser. No longer lists the business name Scout Energy Group I, LP - Relying Adviser. Employees performing advisory functions went from 34 to 33.
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
- Performance-based fees
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 2AThe brochure lists different fees for different services or strategies. See the firm's brochure (dated March 26, 2026) for its fees and any account minimum, on the SEC's IAPD site.
Regulatory assets under management
Item 5.F$1,863,479,498 as of October 2026, filing dated May 21, 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 pooled investment vehicles (other than investment companies)
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2013 (13 years)
- Employees
- Total: 1,113. Performing investment advisory functions: 33.
- Wrap fee program participation
- No.
- States registered or notice-filed
-
2 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 | $1,863,479,498 | 1,113 | May 21, 2026 |
| October 2025 | $1,722,192,411 | 1,082 | March 28, 2025 |
| October 2024 | $2,022,492,978 | 1,081 | March 28, 2024 |
| October 2023 | $1,909,524,798 | 1,030 | March 31, 2023 |
| October 2022 | $1,774,967,108 | 943 | March 31, 2022 |
| October 2021 | $1,678,271,504 | 859 | June 16, 2021 |
Regulatory assets under management: $1,678,271,504 in the October 2021 data and $1,863,479,498 in the October 2026 data, up 11%.
Total employees: 859 in October 2021 and 1,113 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- April 2026
- No longer lists the business name Scout Energy Group McElroy Co-Invest VI, LP - Relying Adviser.
- No longer lists the business name Scout Energy Group Rangely Co-Invest V, LP - Relying Adviser.
- No longer lists the business name Scout Energy Group Co-Invest V, LP - Relying Adviser.
- No longer lists the business name Scout Development Group I, LP - Relying Adviser.
- No longer lists the business name SEG Bronco Co-Invest VI, LP - Relying Adviser.
- No longer lists the business name Scout Energy Group III, LP - Relying Adviser.
- No longer lists the business name Scout Energy Group VI, LP - Relying Adviser.
- No longer lists the business name Scout Energy Group IV, LP - Relying Adviser.
- No longer lists the business name Scout Energy Group II, LP - Relying Adviser.
- No longer lists the business name Scout Energy Group V, LP - Relying Adviser.
- No longer lists the business name Scout Energy Group I, LP - Relying Adviser.
- Employees performing advisory functions went from 34 to 33.
- December 2025
- Employees performing advisory functions went from 36 to 34.
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. Scout Energy Management LLC (CRD 161832): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/scout-energy-management-llc-dallas-tx-161832