{ "crd_number": 166587, "slug": "vernal-point-advisors-llc-san-francisco-ca-166587", "primary_business_name": "VERNAL POINT ADVISORS, LLC", "legal_name": "VERNAL POINT ADVISORS, LLC", "dbas": [], "city": "San Francisco", "state": "CA", "country": "United States", "cbsa_code": "41860", "metro": { "cbsa_code": "41860", "common_name": "San Francisco", "msa_name": "San Francisco-Oakland-Fremont, CA", "path": "/advisors/ca/san-francisco" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2015-02-09", "years_registered": 11, "period": "2026-10-01", "filing_date": "2026-07-10", "carried_forward": false, "raum_total": 3938000000.0, "raum_discretionary": 2410000000.0, "raum_non_discretionary": 1528000000.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 25, "advisory_employees": 8, "client_count_bucket": "fewer_than_5_in_some_types", "clients_by_type": { "charitable": { "raum": 5000000.0, "count": null, "fewer_than_5": true }, "high_net_worth_individuals": { "raum": 3822000000.0, "count": 18 }, "pooled_investment_vehicles": { "raum": 111000000.0, "count": 2 } }, "compensation_types": [ "fixed", "hourly", "percentage_of_aum" ], "advisory_activities": [ "financial_planning", "other", "portfolio_management_individuals", "selection_of_other_advisers" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "CA", "FL", "GA", "KY", "PA", "TX" ], "websites": [ "https://linkedin.com/company/vernal-point-advisors/about", "https://vernalpoint.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/166587", "city_as_filed": "SAN FRANCISCO", "url": "https://advisorcensus.com/firm/vernal-point-advisors-llc-san-francisco-ca-166587", "display_name": "Vernal Point Advisors, LLC", "summary": "Vernal Point Advisors, LLC is an SEC-registered investment advisory firm in San Francisco, CA, registered since 2015, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated July 10, 2026.", "citation": "AdvisorCensus. Vernal Point Advisors, LLC (CRD 166587): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Hourly charges", "Fixed fees (other than subscription fees)" ], "advisory_activity_labels": [ "Financial planning services", "Portfolio management for individuals and/or small businesses", "Selection of other advisers (including private fund managers)", "Other" ], "quick_answers": [ { "q": "How is Vernal Point Advisors, LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Vernal Point Advisors, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees). The amounts are in Item 5 of its Form ADV Part 2A brochure." }, { "q": "Where is Vernal Point Advisors, LLC located?", "a": "Vernal Point Advisors, LLC's principal office is in San Francisco, CA, according to its Form ADV." }, { "q": "Is Vernal Point Advisors, LLC registered with the SEC or a state?", "a": "Vernal Point Advisors, LLC is an SEC-registered investment advisory firm, registered since 2015. Status as filed: Approved. CRD 166587." }, { "q": "How much does Vernal Point Advisors, LLC manage?", "a": "Vernal Point Advisors, LLC reports $3,938,000,000 in regulatory assets under management in its Form ADV filing dated July 10, 2026 (61% discretionary)." }, { "q": "How have Vernal Point Advisors, LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for Vernal Point Advisors, LLC: Regulatory assets under management: $959,882,087 in the October 2021 data and $3,938,000,000 in the October 2026 data, up 310%. Total employees: 12 in October 2021 and 25 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Vernal Point Advisors, LLC serve?", "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (18); pooled investment vehicles (other than investment companies and business development companies) (2)." }, { "q": "Which custodians does Vernal Point Advisors, LLC use?", "a": "Vernal Point Advisors, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., J.P. Morgan Securities LLC, National Financial Services LLC and The Northern Trust Company as custodians holding 10% or more of its separately managed account assets." }, { "q": "Does Vernal Point 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/166587" }, { "q": "What changed in Vernal Point Advisors, LLC's recent Form ADV filings?", "a": "In the April 2026 filing data: Employees performing advisory functions went from 7 to 8. Regulatory assets under management went from $2,741,700,000 to $3,938,000,000 (+44%). Updated its list of owners and control persons (Schedule A)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 959882087.0, "total_employees": 12, "filing_date": "2021-08-25" }, { "period": "2022-10-01", "regulatory_assets_under_management": 1053666055.0, "total_employees": 13, "filing_date": "2022-09-06" }, { "period": "2023-10-01", "regulatory_assets_under_management": 1168849000.0, "total_employees": 13, "filing_date": "2023-10-04" }, { "period": "2024-10-01", "regulatory_assets_under_management": 1594146000.0, "total_employees": 16, "filing_date": "2024-04-01" }, { "period": "2025-10-01", "regulatory_assets_under_management": 2741700000.0, "total_employees": 20, "filing_date": "2025-03-31" }, { "period": "2026-10-01", "regulatory_assets_under_management": 3938000000.0, "total_employees": 25, "filing_date": "2026-07-10" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 7 to 8.", "Regulatory assets under management went from $2,741,700,000 to $3,938,000,000 (+44%).", "Updated its list of owners and control persons (Schedule A)." ] } ], "fees_from_brochure": null, "custodians": [ { "name": "Charles Schwab & Co., Inc.", "name_as_filed": "CHARLES SCHWAB & CO., INC.", "affiliated": false }, { "name": "J.P. Morgan Securities LLC", "name_as_filed": "J.P. MORGAN SECURITIES LLC", "affiliated": false }, { "name": "National Financial Services LLC", "name_as_filed": "NATIONAL FINANCIAL SERVICES LLC", "affiliated": false }, { "name": "The Northern Trust Company", "name_as_filed": "THE NORTHERN TRUST COMPANY", "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/vernal-point-advisors-llc-san-francisco-ca-166587.md", "clients": [ { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 18, "fewer_than_5": false, "raum": 3822000000.0 }, { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 2, "fewer_than_5": false, "raum": 111000000.0 }, { "type": "charitable", "label": "Charitable organizations", "count": null, "fewer_than_5": true, "raum": 5000000.0 } ], "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/166587", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }