{
  "crd_number": 311295,
  "slug": "shining-rock-advisors-llc-asheville-nc-311295",
  "primary_business_name": "SHINING ROCK ADVISORS LLC",
  "legal_name": "SHINING ROCK ADVISORS LLC",
  "dbas": [],
  "city": "Asheville",
  "state": "NC",
  "country": "United States",
  "cbsa_code": "11700",
  "metro": {
    "cbsa_code": "11700",
    "common_name": "Asheville",
    "msa_name": "Asheville, NC",
    "path": "/advisors/nc/asheville"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2022-05-02",
  "years_registered": 4,
  "period": "2026-10-01",
  "filing_date": "2026-03-16",
  "carried_forward": false,
  "raum_total": 153800989.0,
  "raum_discretionary": 117784683.0,
  "raum_non_discretionary": 36016306.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 2,
  "advisory_employees": 2,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": 3971983.0,
      "count": 1
    },
    "individuals": {
      "raum": 1286253.0,
      "count": 2
    },
    "high_net_worth_individuals": {
      "raum": 148542753.0,
      "count": 23
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "NC",
    "TX"
  ],
  "websites": [
    "https://shiningrockadvisors.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/311295",
  "city_as_filed": "ASHEVILLE",
  "url": "https://advisorcensus.com/firm/shining-rock-advisors-llc-asheville-nc-311295",
  "display_name": "Shining Rock Advisors LLC",
  "summary": "Shining Rock Advisors LLC is an SEC-registered investment advisory firm in Asheville, NC, registered since 2022, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 16, 2026.",
  "citation": "AdvisorCensus. Shining Rock Advisors LLC (CRD 311295): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is Shining Rock Advisors LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Shining Rock Advisors LLC reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "What does Shining Rock Advisors LLC's brochure say about its fees?",
      "a": "Its Form ADV Part 2A brochure dated February 4, 2026 states: Up to $1,000,000: 1% a year; $1,000,000 to $5,000,000: 0.85% a year; $5,000,000 to $10,000,000: 0.75% a year; Above $10,000,000: 0.5% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Shining Rock Advisors LLC located?",
      "a": "Shining Rock Advisors LLC's principal office is in Asheville, NC, according to its Form ADV."
    },
    {
      "q": "Is Shining Rock Advisors LLC registered with the SEC or a state?",
      "a": "Shining Rock Advisors LLC is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 311295."
    },
    {
      "q": "How much does Shining Rock Advisors LLC manage?",
      "a": "Shining Rock Advisors LLC reports $153,800,989 in regulatory assets under management in its Form ADV filing dated March 16, 2026 (77% discretionary)."
    },
    {
      "q": "How have Shining Rock Advisors LLC's assets and staff changed since 2022?",
      "a": "In the Form ADV data for Shining Rock Advisors LLC: Regulatory assets under management: $119,278,033 in the October 2022 data and $153,800,989 in the October 2026 data, up 29%. Total employees: 2 in October 2022 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Shining Rock Advisors LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (23); individuals (other than high net worth individuals) (2); charitable organizations (1)."
    },
    {
      "q": "Which custodians does Shining Rock Advisors LLC use?",
      "a": "Shining Rock Advisors LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Shining Rock Advisors LLC report any disciplinary disclosures?",
      "a": "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/311295"
    },
    {
      "q": "What changed in Shining Rock Advisors LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Registered or notice-filed in TX. Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 119278033.0,
      "total_employees": 2,
      "filing_date": "2022-03-30"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 116114926.0,
      "total_employees": 2,
      "filing_date": "2023-04-03"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 160643938.0,
      "total_employees": 2,
      "filing_date": "2024-04-01"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 129643224.0,
      "total_employees": 2,
      "filing_date": "2025-03-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 153800989.0,
      "total_employees": 2,
      "filing_date": "2026-03-16"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Registered or notice-filed in TX.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Regulatory assets under management went from $129,643,224 to $153,800,989 (+19%).",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated February 4, 2026",
    "tiers": [
      {
        "band": "Up to $1,000,000",
        "rate": "1%"
      },
      {
        "band": "$1,000,000 to $5,000,000",
        "rate": "0.85%"
      },
      {
        "band": "$5,000,000 to $10,000,000",
        "rate": "0.75%"
      },
      {
        "band": "Above $10,000,000",
        "rate": "0.5%"
      }
    ],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Fee schedule",
        "statements": [
          "Up to $1,000,000: 1% a year",
          "$1,000,000 to $5,000,000: 0.85% a year",
          "$5,000,000 to $10,000,000: 0.75% a year",
          "Above $10,000,000: 0.5% a year"
        ],
        "quotes": [
          "Shining Rock’s annual investment advisory fee shall be based upon a percentage (%) of the market value and type of assets placed under Shining Rock’s management as follows: Market Value of Portfolio Advisory Fee (per annum) Up to $1,000,000 1.00% Next $4,000,000 0.85% Next $5,000,000 0.75% Assets over $10,000,000 0.50%",
          "Fees are negotiable and may be modified at Shining Rock’s discretion, based on unusual circumstances, pre-existing relationships, amount and nature of assets to be managed, required services, complex matters, or other factors."
        ]
      }
    ],
    "quotes": [
      "Shining Rock’s annual investment advisory fee shall be based upon a percentage (%) of the market value and type of assets placed under Shining Rock’s management as follows: Market Value of Portfolio Advisory Fee (per annum) Up to $1,000,000 1.00% Next $4,000,000 0.85% Next $5,000,000 0.75% Assets over $10,000,000 0.50%",
      "Fees are negotiable and may be modified at Shining Rock’s discretion, based on unusual circumstances, pre-existing relationships, amount and nature of assets to be managed, required services, complex matters, or other factors."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/shining-rock-advisors-llc-asheville-nc-311295.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 2,
      "fewer_than_5": false,
      "raum": 1286253.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 23,
      "fewer_than_5": false,
      "raum": 148542753.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 1,
      "fewer_than_5": false,
      "raum": 3971983.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/311295",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}