# Shining Rock Advisors LLC

> 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.

- CRD: 311295
- Filed as: SHINING ROCK ADVISORS LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Asheville, NC
- Filing period: October 2026
- Form ADV filing dated: March 16, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/311295
- AdvisorCensus page: https://advisorcensus.com/firm/shining-rock-advisors-llc-asheville-nc-311295

## Quick answers

**How is Shining Rock Advisors LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Shining Rock Advisors LLC reports these compensation arrangements: a percentage of assets under its management.

**How much does Shining Rock Advisors LLC charge?**
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.

**Where is Shining Rock Advisors LLC located?**
Shining Rock Advisors LLC's principal office is in Asheville, NC, according to its Form ADV.

**Is Shining Rock Advisors LLC registered with the SEC or a state?**
Shining Rock Advisors LLC is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 311295.

**How much does Shining Rock Advisors LLC manage?**
Shining Rock Advisors LLC reports $153,800,989 in regulatory assets under management in its Form ADV filing dated March 16, 2026 (77% discretionary).

**How have Shining Rock Advisors LLC's assets and staff changed since 2022?**
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.

**What types of clients does Shining Rock Advisors LLC serve?**
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).

**Which custodians does Shining Rock Advisors LLC use?**
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.

**Does Shining Rock Advisors 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/311295

**What changed in Shining Rock Advisors LLC's recent Form ADV filings?**
In the April 2026 filing data: Registered or notice-filed in TX. Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated February 4, 2026)

- 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

> 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.

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.

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: $153,800,989
- Discretionary: $117,784,683
- Non-discretionary: $36,016,306

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 2 | $1,286,253 |
| High net worth individuals | 23 | $148,542,753 |
| Charitable organizations | 1 | $3,971,983 |

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

### Firm details
- Registered since: 2022 (4 years)
- Employees: 2 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, NC, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

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

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | $119,278,033 | 2 | March 30, 2022 |
| October 2023 | $116,114,926 | 2 | April 3, 2023 |
| October 2024 | $160,643,938 | 2 | April 1, 2024 |
| October 2025 | $129,643,224 | 2 | March 28, 2025 |
| October 2026 | $153,800,989 | 2 | March 16, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- Registered or notice-filed in TX.
- Updated its list of owners and control persons (Schedule A).

### March 2026
- Regulatory assets under management went from $129,643,224 to $153,800,989 (+19%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Shining Rock Advisors LLC (CRD 311295): Form ADV filing data as of October 2026.