# TDA Investment Group

> TDA Investment Group is an SEC-registered investment advisory firm in San Mateo, CA, registered since 1991, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated December 15, 2025.

- CRD: 112016
- Filed as: TDA INVESTMENT GROUP
- Legal name: TDA, Inc.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: San Mateo, CA
- Filing period: October 2026
- Form ADV filing dated: December 15, 2025
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/112016
- AdvisorCensus page: https://advisorcensus.com/firm/tda-investment-group-san-mateo-ca-112016

## Quick answers

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

**How much does TDA Investment Group charge?**
Its Form ADV Part 2A brochure dated December 15, 2025 states: Asset-based fee: 0.875% to 1.5% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is TDA Investment Group located?**
TDA Investment Group's principal office is in San Mateo, CA, according to its Form ADV.

**Is TDA Investment Group registered with the SEC or a state?**
TDA Investment Group is an SEC-registered investment advisory firm, registered since 1991. Status as filed: Approved. CRD 112016.

**How much does TDA Investment Group manage?**
TDA Investment Group reports $969,343,920 in regulatory assets under management in its Form ADV filing dated December 15, 2025 (100% discretionary).

**How have TDA Investment Group's assets and staff changed since 2021?**
In the Form ADV data for TDA Investment Group: Regulatory assets under management: $570,974,195 in the October 2021 data and $969,343,920 in the October 2026 data, up 70%. Total employees: 20 in October 2021 and 22 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does TDA Investment Group serve?**
By number of clients on Form ADV Item 5.D: pension and profit sharing plans (but not the plan participants or government pension plans) (3); pooled investment vehicles (other than investment companies and business development companies) (1).

**Does TDA Investment Group 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/112016

**What changed in TDA Investment Group's recent Form ADV filings?**
In the January 2026 filing data: Regulatory assets under management went from $825,653,474 to $969,343,920 (+17%). 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 December 15, 2025)

- Asset-based fee: 0.875% to 1.5% a year (a range, as the brochure states it)

> Typically, fees paid to TDA Investment Group are calculated as a percentage of the real estate assets under management. The fee generally ranges from 0.875% to 1.5%.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Regulatory assets under management (Item 5.F)
- Total: $969,343,920
- Discretionary: $969,343,920
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $127,243,374 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 3 | $842,100,546 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Other

### Firm details
- Registered since: 1991 (35 years)
- Employees: 22 total, 5 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- tdainc.com
- LinkedIn @tda-investment-group

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $570,974,195 | 20 | December 9, 2020 |
| October 2022 | $650,456,491 | 20 | December 2, 2021 |
| October 2023 | $766,852,028 | 20 | December 13, 2022 |
| October 2024 | $805,618,124 | 20 | December 11, 2023 |
| October 2025 | $825,653,474 | 20 | December 13, 2024 |
| October 2026 | $969,343,920 | 22 | December 15, 2025 |

Regulatory assets under management: $570,974,195 in the October 2021 data and $969,343,920 in the October 2026 data, up 70%.
Total employees: 20 in October 2021 and 22 in October 2026.

## Changes in the filing (last 12 months)

### January 2026
- Regulatory assets under management went from $825,653,474 to $969,343,920 (+17%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. TDA Investment Group (CRD 112016): Form ADV filing data as of October 2026.