{
  "crd_number": 317257,
  "slug": "sora-investors-bryn-mawr-pa-317257",
  "primary_business_name": "SORA INVESTORS",
  "legal_name": "SORA INVESTORS LLC",
  "dbas": [],
  "city": "Bryn Mawr",
  "state": "PA",
  "country": "United States",
  "cbsa_code": "37980",
  "metro": {
    "cbsa_code": "37980",
    "common_name": "Philadelphia",
    "msa_name": "Philadelphia-Camden-Wilmington, PA-NJ-DE-MD",
    "path": "/advisors/pa/philadelphia"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2021-11-12",
  "years_registered": 4,
  "period": "2026-10-01",
  "filing_date": "2026-01-28",
  "carried_forward": false,
  "raum_total": 2602802000.0,
  "raum_discretionary": 2602802000.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 13,
  "advisory_employees": 11,
  "client_count_bucket": null,
  "clients_by_type": {
    "pooled_investment_vehicles": {
      "raum": 2602802000.0,
      "count": 4
    }
  },
  "compensation_types": [
    "other",
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "PA"
  ],
  "websites": [
    "https://linkedin.com/company/sora-investors",
    "https://sorainvestors.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/317257",
  "city_as_filed": "BRYN MAWR",
  "url": "https://advisorcensus.com/firm/sora-investors-bryn-mawr-pa-317257",
  "display_name": "Sora Investors",
  "summary": "Sora Investors is an SEC-registered investment advisory firm in Bryn Mawr, PA, registered since 2021, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated January 28, 2026.",
  "citation": "AdvisorCensus. Sora Investors (CRD 317257): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees",
    "Other"
  ],
  "advisory_activity_labels": [
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Sora Investors compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Sora Investors reports these compensation arrangements: a percentage of assets under its management; performance-based fees; other."
    },
    {
      "q": "Where is Sora Investors located?",
      "a": "Sora Investors' principal office is in Bryn Mawr, PA, according to its Form ADV; the February 2026 filing also lists 3 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Sora Investors registered with the SEC or a state?",
      "a": "Sora Investors is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 317257."
    },
    {
      "q": "How much does Sora Investors manage?",
      "a": "Sora Investors reports $2,602,802,000 in regulatory assets under management in its Form ADV filing dated January 28, 2026 (100% discretionary)."
    },
    {
      "q": "How have Sora Investors' assets and staff changed since 2022?",
      "a": "In the Form ADV data for Sora Investors: Regulatory assets under management: $392,852,000 in the October 2022 data and $2,602,802,000 in the October 2026 data, up 563%. Total employees: 4 in October 2022 and 13 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Sora Investors serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (4)."
    },
    {
      "q": "Does Sora Investors 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/317257"
    },
    {
      "q": "Does Sora Investors state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated January 28, 2026 says: \"Separate Account Clients are generally subject to a minimum initial investment of $200,000,000, unless such minimum is waived by Sora in its sole discretion.\""
    },
    {
      "q": "What changed in Sora Investors' recent Form ADV filings?",
      "a": "In the February 2026 filing data: Regulatory assets under management went from $2,317,661,000 to $2,602,802,000 (+12%). Employees performing advisory functions went from 10 to 11. Changed its office addresses in New York, NY. Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 392852000.0,
      "total_employees": 4,
      "filing_date": "2022-03-11"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 420769000.0,
      "total_employees": 5,
      "filing_date": "2023-09-06"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 673116000.0,
      "total_employees": 8,
      "filing_date": "2024-03-26"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 2317661000.0,
      "total_employees": 12,
      "filing_date": "2025-03-31"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 2602802000.0,
      "total_employees": 13,
      "filing_date": "2026-01-28"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-02-01",
      "period_label": "February 2026",
      "notes": [
        "Regulatory assets under management went from $2,317,661,000 to $2,602,802,000 (+12%).",
        "Employees performing advisory functions went from 10 to 11.",
        "Changed its office addresses in New York, NY.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated January 28, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$200,000,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $200,000,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "Separate Account Clients are generally subject to a minimum initial investment of $200,000,000, unless such minimum is waived by Sora in its sole discretion."
        ]
      }
    ],
    "quotes": [
      "Separate Account Clients are generally subject to a minimum initial investment of $200,000,000, unless such minimum is waived by Sora in its sole discretion."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/sora-investors-bryn-mawr-pa-317257.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 4,
      "fewer_than_5": false,
      "raum": 2602802000.0
    }
  ],
  "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/317257",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}