# Valeo Financial Advisors, LLC

> 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.

- CRD: 127132
- Filed as: VALEO FINANCIAL ADVISORS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Carmel, IN
- Filing period: October 2026
- Form ADV filing dated: April 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/127132
- AdvisorCensus page: https://advisorcensus.com/firm/valeo-financial-advisors-llc-carmel-in-127132

## Quick answers

**How is Valeo Financial Advisors, LLC compensated?**
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.

**Where is Valeo Financial Advisors, LLC located?**
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).

**Is Valeo Financial Advisors, LLC registered with the SEC or a state?**
Valeo Financial Advisors, LLC is an SEC-registered investment advisory firm, registered since 2006. Status as filed: Approved. CRD 127132.

**How much does Valeo Financial Advisors, LLC manage?**
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).

**How have Valeo Financial Advisors, LLC's assets and staff changed since 2021?**
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.

**What types of clients does Valeo Financial Advisors, LLC serve?**
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).

**Which custodians does Valeo Financial Advisors, LLC use?**
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.

**Does Valeo Financial Advisors, 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/127132

**What changed in Valeo Financial Advisors, LLC's recent Form ADV filings?**
In the May 2026 filing data: Registered or notice-filed in ID.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Other

### Custodians (Schedule D, Section 5.K(3))
- National Financial Services LLC

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.

### Regulatory assets under management (Item 5.F)
- Total: $12,958,676,684
- Discretionary: $10,667,991,714
- Non-discretionary: $2,290,684,970

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 764 | $358,138,380 |
| High net worth individuals | 2,257 | $12,281,204,992 |
| Charitable organizations | 16 | $281,872,196 |
| Corporations or other businesses not listed above | 5 | $37,461,116 |

### Advisory services (Item 5.G)
- 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)

### Firm details
- Registered since: 2006 (20 years)
- Employees: 178 total, 119 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: 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
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the May 2026 filing
- Ann Arbor, MI
- Chicago, IL
- Denver, CO
- Hilton Head, SC
- Lafayette, IN
- Richmond, VA

### Websites listed on Form ADV (Item 1.I)
- valeofinancial.com
- LinkedIn @valeo-financial-advisors-llc
- X @i

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $6,391,630,633 | 99 | May 11, 2021 |
| October 2022 | $7,277,845,068 | 120 | July 28, 2022 |
| October 2023 | $7,103,709,028 | 161 | July 13, 2023 |
| October 2024 | $8,944,535,606 | 155 | May 23, 2024 |
| October 2025 | $10,639,940,975 | 177 | June 5, 2025 |
| October 2026 | $12,958,676,684 | 178 | April 30, 2026 |

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.

## Changes in the filing (last 12 months)

### May 2026
- Registered or notice-filed in ID.

### April 2026
- 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.

### December 2025
- Registered or notice-filed in AK.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Valeo Financial Advisors, LLC (CRD 127132): Form ADV filing data as of October 2026.