# The Balance of Trade

> The Balance of Trade is a state-registered investment advisory firm, registered since 2023, with no regulatory assets under management reported in its Form ADV filing dated March 18, 2023.

- CRD: 291982
- Filed as: THE BALANCE OF TRADE
- Legal name: The Balance of Trade, LLC
- Registration: State-registered investment adviser (status as filed: APPROVED)
- Location: Registered in Arizona
- Filing period: October 2026
- Form ADV filing dated: March 18, 2023
- Public record (IAPD): https://adviserinfo.sec.gov/firm/summary/291982
- AdvisorCensus page: https://advisorcensus.com/firm/the-balance-of-trade-291982

## Quick answers

**How is The Balance of Trade compensated?**
On its Form ADV (Item 5.E, October 2026), The Balance of Trade reports these compensation arrangements: hourly charges; subscription fees (for a newsletter or periodical); other.

**Is The Balance of Trade registered with the SEC or a state?**
The Balance of Trade is a state-registered investment advisory firm, registered since 2023. Status as filed: APPROVED. CRD 291982.

**Does The Balance of Trade report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/291982

## From the Form ADV filing

### Compensation (Item 5.E)
- Hourly charges
- Subscription fees (for a newsletter or periodical)
- Other

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | Fewer than 5 | $0 |
| High net worth individuals | Fewer than 5 | Not reported |
| Banking or thrift institutions | Fewer than 5 | Not reported |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $0 |
| Charitable organizations | Fewer than 5 | $0 |
| State or municipal government entities (including government pension plans) | Fewer than 5 | $0 |
| Other investment advisers | Fewer than 5 | $0 |
| Insurance companies | Fewer than 5 | $0 |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 | $0 |
| Corporations or other businesses not listed above | Fewer than 5 | $0 |

### Advisory services (Item 5.G)
- Financial planning services
- Pension consulting services
- Publication of periodicals or newsletters
- Security ratings or pricing services
- Market timing services
- Educational seminars/workshops

### Firm details
- Registered since: 2023 (3 years)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. The Balance of Trade (CRD 291982): Form ADV filing data as of October 2026.