# Telescope Partners LLC

> Telescope Partners LLC is an SEC-registered investment advisory firm in San Francisco, CA, registered since 2025, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 26, 2026.

- CRD: 286637
- Filed as: TELESCOPE PARTNERS LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: San Francisco, CA
- Filing period: October 2026
- Form ADV filing dated: March 26, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/286637
- AdvisorCensus page: https://advisorcensus.com/firm/telescope-partners-llc-san-francisco-ca-286637

## Quick answers

**How is Telescope Partners LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Telescope Partners LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**How much does Telescope Partners LLC charge?**
Its Form ADV Part 2A brochure dated March 26, 2026 states: Asset-based fee: 1.5% to 2.5% 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 Telescope Partners LLC located?**
Telescope Partners LLC's principal office is in San Francisco, CA, according to its Form ADV.

**Is Telescope Partners LLC registered with the SEC or a state?**
Telescope Partners LLC is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 286637.

**How much does Telescope Partners LLC manage?**
Telescope Partners LLC reports $933,955,126 in regulatory assets under management in its Form ADV filing dated March 26, 2026 (100% discretionary).

**How have Telescope Partners LLC's assets and staff changed since 2021?**
In the Form ADV data for Telescope Partners LLC: Regulatory assets under management: $819,685,079 in the October 2025 data and $933,955,126 in the October 2026 data, up 14%. Total employees: 12 in October 2025 and 12 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Telescope Partners LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (13).

**Does Telescope Partners 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/286637

**What changed in Telescope Partners LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $819,685,079 to $933,955,126 (+14%).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 26, 2026)

- Asset-based fee: 1.5% to 2.5% a year (a range, as the brochure states it)

> Telescope generally charges an investment management fee (“Management Fee”) ranging from 1.5% - 2.5% per annum.

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

### Regulatory assets under management (Item 5.F)
- Total: $933,955,126
- Discretionary: $933,955,126
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 13 | $933,955,126 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2025 (1 year)
- Employees: 12 total, 7 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)
- telescopepartners.com
- LinkedIn @telescope-partners

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | Not reported | Not reported | March 31, 2021 |
| October 2022 | Not reported | Not reported | March 30, 2022 |
| October 2023 | Not reported | Not reported | May 10, 2023 |
| October 2024 | Not reported | Not reported | March 28, 2024 |
| October 2025 | $819,685,079 | 12 | March 18, 2025 |
| October 2026 | $933,955,126 | 12 | March 26, 2026 |

Regulatory assets under management: $819,685,079 in the October 2025 data and $933,955,126 in the October 2026 data, up 14%.
Total employees: 12 in October 2025 and 12 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $819,685,079 to $933,955,126 (+14%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Telescope Partners LLC (CRD 286637): Form ADV filing data as of October 2026.