{
  "crd_number": 330200,
  "slug": "syntheticfi-llc-san-francisco-ca-330200",
  "primary_business_name": "SYNTHETICFI LLC",
  "legal_name": "SYNTHETICFI LLC",
  "dbas": [
    "SYNTHETIC FINANCIAL",
    "SYNTHETICFI"
  ],
  "city": "San Francisco",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "41860",
  "metro": {
    "cbsa_code": "41860",
    "common_name": "San Francisco",
    "msa_name": "San Francisco-Oakland-Fremont, CA",
    "path": "/advisors/ca/san-francisco"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2024-04-04",
  "years_registered": 2,
  "period": "2026-10-01",
  "filing_date": "2026-04-17",
  "carried_forward": false,
  "raum_total": 992895205.0,
  "raum_discretionary": 992895205.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 10,
  "advisory_employees": 7,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 992895205.0,
      "count": 624
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AR",
    "AZ",
    "CA",
    "CO",
    "CT",
    "DE",
    "FL",
    "GA",
    "IA",
    "IL",
    "IN",
    "KY",
    "MA",
    "MD",
    "ME",
    "MN",
    "MO",
    "MS",
    "NC",
    "NE",
    "NJ",
    "NV",
    "NY",
    "OH",
    "OK",
    "OR",
    "PA",
    "SC",
    "TN",
    "TX",
    "VA",
    "WA",
    "WI"
  ],
  "websites": [
    "https://linkedin.com/company/syntheticfi",
    "https://syntheticfi.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/330200",
  "city_as_filed": "SAN FRANCISCO",
  "url": "https://advisorcensus.com/firm/syntheticfi-llc-san-francisco-ca-330200",
  "display_name": "Syntheticfi LLC",
  "summary": "Syntheticfi LLC is an SEC-registered investment advisory firm in San Francisco, CA, registered since 2024, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated April 17, 2026.",
  "citation": "AdvisorCensus. Syntheticfi LLC (CRD 330200): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Syntheticfi LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Syntheticfi LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees). The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Syntheticfi LLC located?",
      "a": "Syntheticfi LLC's principal office is in San Francisco, CA, according to its Form ADV."
    },
    {
      "q": "Is Syntheticfi LLC registered with the SEC or a state?",
      "a": "Syntheticfi LLC is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 330200."
    },
    {
      "q": "How much does Syntheticfi LLC manage?",
      "a": "Syntheticfi LLC reports $992,895,205 in regulatory assets under management in its Form ADV filing dated April 17, 2026 (100% discretionary)."
    },
    {
      "q": "How have Syntheticfi LLC's assets and staff changed since 2024?",
      "a": "In the Form ADV data for Syntheticfi LLC: Regulatory assets under management: $0 in the October 2024 data and $992,895,205 in the October 2026 data. Total employees: 2 in October 2024 and 10 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Syntheticfi LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (624)."
    },
    {
      "q": "Which custodians does Syntheticfi LLC use?",
      "a": "Syntheticfi LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., Interactive Brokers LLC and National Financial Services LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Syntheticfi 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/330200"
    },
    {
      "q": "What changed in Syntheticfi LLC's recent Form ADV filings?",
      "a": "In the May 2026 filing data: Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 0.0,
      "total_employees": 2,
      "filing_date": "2024-06-14"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 153208408.0,
      "total_employees": 2,
      "filing_date": "2025-03-11"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 992895205.0,
      "total_employees": 10,
      "filing_date": "2026-04-17"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-05-01",
      "period_label": "May 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $153,208,408 to $992,895,205 (+548%).",
        "Employees performing advisory functions went from 2 to 7.",
        "No longer lists the business name Carton.",
        "No longer lists the business name Carton Wealth.",
        "Registered or notice-filed in AR, CT, IA, IL, IN, MD, MN, MO, NE, OK, SC, TN, WA."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "Registered or notice-filed in ME."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Registered or notice-filed in CO, DE, GA, KY, MA, MS, NV, OH, OR, PA, WI."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "Interactive Brokers LLC",
      "name_as_filed": "INTERACTIVE BROKERS LLC",
      "affiliated": false
    },
    {
      "name": "National Financial Services LLC",
      "name_as_filed": "NATIONAL FINANCIAL SERVICES LLC",
      "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/syntheticfi-llc-san-francisco-ca-330200.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 624,
      "fewer_than_5": false,
      "raum": 992895205.0
    }
  ],
  "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/330200",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}