{
  "crd_number": 127132,
  "slug": "valeo-financial-advisors-llc-carmel-in-127132",
  "primary_business_name": "VALEO FINANCIAL ADVISORS, LLC",
  "legal_name": "VALEO FINANCIAL ADVISORS, LLC",
  "dbas": [],
  "city": "Carmel",
  "state": "IN",
  "country": "United States",
  "cbsa_code": "26900",
  "metro": {
    "cbsa_code": "26900",
    "common_name": "Indianapolis",
    "msa_name": "Indianapolis-Carmel-Greenwood, IN",
    "path": "/advisors/in/indianapolis"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2006-03-17",
  "years_registered": 20,
  "period": "2026-10-01",
  "filing_date": "2026-04-30",
  "carried_forward": false,
  "raum_total": 12958676684.0,
  "raum_discretionary": 10667991714.0,
  "raum_non_discretionary": 2290684970.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 178,
  "advisory_employees": 119,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": 281872196.0,
      "count": 16
    },
    "individuals": {
      "raum": 358138380.0,
      "count": 764
    },
    "high_net_worth_individuals": {
      "raum": 12281204992.0,
      "count": 2257
    },
    "corporations_other_businesses": {
      "raum": 37461116.0,
      "count": 5
    }
  },
  "compensation_types": [
    "fixed",
    "other",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_pooled_vehicles",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AK",
    "AL",
    "AZ",
    "CA",
    "CO",
    "CT",
    "DC",
    "FL",
    "GA",
    "HI",
    "IA",
    "ID",
    "IL",
    "IN",
    "KY",
    "LA",
    "MA",
    "MD",
    "MI",
    "MN",
    "MO",
    "MT",
    "NC",
    "NH",
    "NJ",
    "NM",
    "NV",
    "NY",
    "OH",
    "OR",
    "PA",
    "SC",
    "TN",
    "TX",
    "UT",
    "VA",
    "WA",
    "WI"
  ],
  "websites": [
    "https://linkedin.com/company/valeo-financial-advisors-llc",
    "https://valeofinancial.com",
    "https://x.com/i/flow/login?redirect_after_login=%2FVALEOFINANCIAL"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/127132",
  "city_as_filed": "CARMEL",
  "url": "https://advisorcensus.com/firm/valeo-financial-advisors-llc-carmel-in-127132",
  "display_name": "Valeo Financial Advisors, LLC",
  "summary": "Valeo Financial Advisors, LLC is an SEC-registered investment advisory firm in Carmel, IN, registered since 2006, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated April 30, 2026.",
  "citation": "AdvisorCensus. Valeo Financial Advisors, LLC (CRD 127132): 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)",
    "Other"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Valeo Financial Advisors, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Valeo Financial Advisors, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); other. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Valeo Financial Advisors, LLC located?",
      "a": "Valeo Financial Advisors, LLC's principal office is in Carmel, IN, according to its Form ADV; the May 2026 filing also lists 6 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Valeo Financial Advisors, LLC registered with the SEC or a state?",
      "a": "Valeo Financial Advisors, LLC is an SEC-registered investment advisory firm, registered since 2006. Status as filed: Approved. CRD 127132."
    },
    {
      "q": "How much does Valeo Financial Advisors, LLC manage?",
      "a": "Valeo Financial Advisors, LLC reports $12,958,676,684 in regulatory assets under management in its Form ADV filing dated April 30, 2026 (82% discretionary)."
    },
    {
      "q": "How have Valeo Financial Advisors, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Valeo Financial Advisors, LLC: Regulatory assets under management: $6,391,630,633 in the October 2021 data and $12,958,676,684 in the October 2026 data, up 103%. Total employees: 99 in October 2021 and 178 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Valeo Financial Advisors, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (2,257); individuals (other than high net worth individuals) (764); charitable organizations (16)."
    },
    {
      "q": "Which custodians does Valeo Financial Advisors, LLC use?",
      "a": "Valeo Financial Advisors, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists National Financial Services LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Valeo Financial Advisors, 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/127132"
    },
    {
      "q": "What changed in Valeo Financial Advisors, LLC's recent Form ADV filings?",
      "a": "In the May 2026 filing data: Registered or notice-filed in ID."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 6391630633.0,
      "total_employees": 99,
      "filing_date": "2021-05-11"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 7277845068.0,
      "total_employees": 120,
      "filing_date": "2022-07-28"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 7103709028.0,
      "total_employees": 161,
      "filing_date": "2023-07-13"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 8944535606.0,
      "total_employees": 155,
      "filing_date": "2024-05-23"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 10639940975.0,
      "total_employees": 177,
      "filing_date": "2025-06-05"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 12958676684.0,
      "total_employees": 178,
      "filing_date": "2026-04-30"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-05-01",
      "period_label": "May 2026",
      "notes": [
        "Registered or notice-filed in ID."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 111 to 119.",
        "Regulatory assets under management went from $10,639,940,975 to $12,958,676,684 (+22%).",
        "Added an office in Ann Arbor, MI.",
        "Added an office in Hilton Head, SC.",
        "No longer lists an office in Columbus, OH."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Registered or notice-filed in AK."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "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/valeo-financial-advisors-llc-carmel-in-127132.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 764,
      "fewer_than_5": false,
      "raum": 358138380.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 2257,
      "fewer_than_5": false,
      "raum": 12281204992.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 16,
      "fewer_than_5": false,
      "raum": 281872196.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 5,
      "fewer_than_5": false,
      "raum": 37461116.0
    }
  ],
  "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/127132",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}