# Semper Augustus Investments Group LLC > Semper Augustus Investments Group LLC is an SEC-registered investment advisory firm in Highlands Ranch, CO, registered since 1998, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026. - CRD: 108153 - Filed as: SEMPER AUGUSTUS INVESTMENTS GROUP LLC - Registration: SEC-registered investment adviser (status as filed: Approved) - Location: Highlands Ranch, CO - Filing period: October 2026 - Form ADV filing dated: March 31, 2026 - SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/108153 - AdvisorCensus page: https://advisorcensus.com/firm/semper-augustus-investments-group-llc-highlands-ranch-co-108153 ## Quick answers **How is Semper Augustus Investments Group LLC compensated?** On its Form ADV (Item 5.E, October 2026), Semper Augustus Investments Group LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees. **How much does Semper Augustus Investments Group LLC charge?** Its Form ADV Part 2A brochure dated March 27, 2026 states: Asset-based fee: 1.25% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement. **Where is Semper Augustus Investments Group LLC located?** Semper Augustus Investments Group LLC's principal office is in Highlands Ranch, CO, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F). **Is Semper Augustus Investments Group LLC registered with the SEC or a state?** Semper Augustus Investments Group LLC is an SEC-registered investment advisory firm, registered since 1998. Status as filed: Approved. CRD 108153. **How much does Semper Augustus Investments Group LLC manage?** Semper Augustus Investments Group LLC reports $982,168,444 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary). **How have Semper Augustus Investments Group LLC's assets and staff changed since 2021?** In the Form ADV data for Semper Augustus Investments Group LLC: Regulatory assets under management: $304,872,335 in the October 2021 data and $982,168,444 in the October 2026 data, up 222%. Total employees: 6 in October 2021 and 9 in October 2026. Assets under management move with markets as well as with clients coming and going. **What types of clients does Semper Augustus Investments Group LLC serve?** By number of clients on Form ADV Item 5.D: high net worth individuals (201); individuals (other than high net worth individuals) (43); corporations or other businesses not listed above (17). **Which custodians does Semper Augustus Investments Group LLC use?** Semper Augustus Investments Group LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and U.S. Bank, N.A. as custodians holding 10% or more of its separately managed account assets. **Does Semper Augustus Investments Group 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/108153 **What changed in Semper Augustus Investments Group LLC's recent Form ADV filings?** In the April 2026 filing data: Regulatory assets under management went from $693,021,903 to $982,168,444 (+42%). Registered or notice-filed in NV. ## From the Form ADV filing ### Compensation (Item 5.E) - A percentage of assets under your management - Performance-based fees ### Fees and minimums (Form ADV Part 2A brochure dated March 27, 2026) - Asset-based fee: 1.25% of assets a year > Semper Augustus bases its fees on a percentage of assets under management. Standard fee: 1.25% of Assets per year. - Minimum annual fee: $12,500 > Our minimum annual fee is $12,500. We have the discretion to waive the account minimum and minimum annual fee at any time As stated in the firm's brochure. Fees can differ by service and may be negotiable. ### Custodians (Schedule D, Section 5.K(3)) - Charles Schwab & Co., Inc. - U.S. Bank, N.A. 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: $982,168,444 - Discretionary: $982,168,444 - Non-discretionary: $0 ### Clients (Item 5.D) | Client type | Clients | Assets | | --- | --- | --- | | Individuals (other than high net worth individuals) | 43 | $11,357,219 | | High net worth individuals | 201 | $693,637,462 | | Banking or thrift institutions | 0 | $0 | | Investment companies | 0 | $0 | | Business development companies | 0 | $0 | | Pooled investment vehicles (other than investment companies and business development companies) | 1 | $59,066,217 | | Pension and profit sharing plans (but not the plan participants or government pension plans) | 3 | $7,979,093 | | Charitable organizations | 4 | $151,085,322 | | State or municipal government entities (including government pension plans) | 0 | $0 | | Other investment advisers | 0 | $0 | | Insurance companies | 0 | $0 | | Sovereign wealth funds and foreign official institutions | 0 | $0 | | Corporations or other businesses not listed above | 17 | $59,043,131 | ### Advisory services (Item 5.G) - Portfolio management for individuals and/or small businesses - Portfolio management for pooled investment vehicles (other than investment companies) - Portfolio management for businesses (other than small businesses) or institutional clients ### Firm details - Registered since: 1998 (27 years) - Employees: 9 total, 2 performing advisory functions - Wrap fee program participation: No - States registered or notice-filed: CA, CO, CT, FL, GA, IL, KS, LA, MA, MO, NC, NE, NV, NY, TX - Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11. ### Other offices (Schedule D, Section 1.F), as of the April 2026 filing - St. Louis, MO ### Websites listed on Form ADV (Item 1.I) - [semperaugustus.com](https://semperaugustus.com) - LinkedIn @SEMPER-AUGUSTUS-INVESTMENTS-GROUP-LLC - X @ChrisBloomstran ## Assets and staff over time | Data period | Regulatory assets under management | Employees | Filing dated | | --- | --- | --- | --- | | October 2021 | $304,872,335 | 6 | March 29, 2021 | | October 2022 | $390,361,230 | 7 | September 15, 2022 | | October 2023 | $477,230,365 | 7 | July 18, 2023 | | October 2024 | $597,216,382 | 7 | March 27, 2024 | | October 2025 | $693,021,903 | 9 | March 27, 2025 | | October 2026 | $982,168,444 | 9 | March 31, 2026 | Regulatory assets under management: $304,872,335 in the October 2021 data and $982,168,444 in the October 2026 data, up 222%. Total employees: 6 in October 2021 and 9 in October 2026. ## Changes in the filing (last 12 months) ### April 2026 - Regulatory assets under management went from $693,021,903 to $982,168,444 (+42%). - Registered or notice-filed in NV. ## Source Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Semper Augustus Investments Group LLC (CRD 108153): Form ADV filing data as of October 2026.