# Vanguard Alternative Assets Adviser, LLC

> Vanguard Alternative Assets Adviser, LLC is an SEC-registered investment advisory firm in Malvern, PA, registered since 2026, with no regulatory assets under management reported in its Form ADV filing dated September 18, 2026.

- CRD: 341357
- Filed as: VANGUARD ALTERNATIVE ASSETS ADVISER, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Malvern, PA
- Filing period: October 2026
- Form ADV filing dated: September 18, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/341357
- AdvisorCensus page: https://advisorcensus.com/firm/vanguard-alternative-assets-adviser-llc-malvern-pa-341357

## Quick answers

**How is Vanguard Alternative Assets Adviser, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Vanguard Alternative Assets Adviser, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Vanguard Alternative Assets Adviser, LLC located?**
Vanguard Alternative Assets Adviser, LLC's principal office is in Malvern, PA, according to its Form ADV.

**Is Vanguard Alternative Assets Adviser, LLC registered with the SEC or a state?**
Vanguard Alternative Assets Adviser, LLC is an SEC-registered investment advisory firm, registered since 2026. Status as filed: Approved. CRD 341357.

**Does Vanguard Alternative Assets Adviser, LLC report any disciplinary disclosures?**
Reports 6 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation), 11.C(4) (SEC or CFTC order), 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order), 11.D(2) (another regulator's finding of a violation), 11.D(4) (another regulator's order in the past ten years), and 11.H(1)(c) (regulator's civil action dismissed under a settlement). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/341357

**What changed in Vanguard Alternative Assets Adviser, LLC's recent Form ADV filings?**
In the May 2026 filing data: Newly registered with the SEC.

## From the Form ADV filing

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

### Advisory services (Item 5.G)
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2026 (0 years)
- Employees: 47 total, 25 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports 6 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.C(2): Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?
- 11.C(4): Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.C(5): Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?
- 11.D(2): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?
- 11.D(4): In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.H(1)(c): Has a domestic or foreign court ever dismissed, under a settlement agreement, an investment-related civil action brought against the firm or an advisory affiliate by a state or foreign financial regulator?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/341357

## Changes in the filing (last 12 months)

### May 2026
- Newly registered with the SEC.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Vanguard Alternative Assets Adviser, LLC (CRD 341357): Form ADV filing data as of October 2026.