# Wahed

> Wahed is an SEC-registered investment advisory firm in New York, NY, registered since 2015, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated June 15, 2026.

- CRD: 242793
- Filed as: WAHED
- Legal name: Wahed Invest LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: June 15, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/242793
- AdvisorCensus page: https://advisorcensus.com/firm/wahed-new-york-ny-242793

## Quick answers

**How is Wahed compensated?**
On its Form ADV (Item 5.E, October 2026), Wahed reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Wahed located?**
Wahed's principal office is in New York, NY, according to its Form ADV.

**Is Wahed registered with the SEC or a state?**
Wahed is an SEC-registered investment advisory firm, registered since 2015. Status as filed: Approved. CRD 242793.

**How much does Wahed manage?**
Wahed reports $1,286,549,477 in regulatory assets under management in its Form ADV filing dated June 15, 2026 (19% discretionary).

**How have Wahed's assets and staff changed since 2021?**
In the Form ADV data for Wahed: Regulatory assets under management: $147,086,617 in the October 2021 data and $1,286,549,477 in the October 2026 data, up 775%. Total employees: 9 in October 2021 and 9 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Wahed serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (30,377); high net worth individuals (300); investment companies (3).

**Which custodians does Wahed use?**
Wahed's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Apex Clearing Corporation as a custodian holding 10% or more of its separately managed account assets.

**Does Wahed report any disciplinary disclosures?**
Reports 2 disclosure items on Form ADV Item 11: yes answers to 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order) and 11.D(2) (another regulator's finding of a violation). 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/242793

**What changed in Wahed's recent Form ADV filings?**
In the July 2026 filing data: Regulatory assets under management went from $1,136,879,848 to $1,286,549,477 (+13%).

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- Apex Clearing Corporation

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: $1,286,549,477
- Discretionary: $248,342,150
- Non-discretionary: $1,038,207,327

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 30,377 | $213,539,418 |
| High net worth individuals | 300 | $33,652,973 |
| Banking or thrift institutions | 0 | Not reported |
| Investment companies | 3 | $1,038,207,327 |
| Business development companies | 0 | Not reported |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | Not reported |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | Not reported |
| Charitable organizations | 0 | Not reported |
| State or municipal government entities (including government pension plans) | 0 | Not reported |
| Other investment advisers | 0 | Not reported |
| Insurance companies | 0 | Not reported |
| Sovereign wealth funds and foreign official institutions | 0 | Not reported |
| Corporations or other businesses not listed above | 3 | $1,149,759 |
| Other | 0 | Not reported |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies (and business development companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2015 (11 years)
- Employees: 9 total, 1 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VA, VI, VT, WA, WI, WV
- Disclosures (Item 11): Reports 2 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 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?

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/242793

### Websites listed on Form ADV (Item 1.I)
- wahedinvest.com
- Facebook @Wahed-US
- Instagram @wahed.us
- X @Wahed_US

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $147,086,617 | 9 | March 15, 2021 |
| October 2022 | $277,736,055 | 5 | June 21, 2022 |
| October 2023 | $346,507,450 | 10 | August 3, 2023 |
| October 2024 | $523,578,124 | 9 | August 30, 2024 |
| October 2025 | $842,599,969 | 9 | April 4, 2025 |
| October 2026 | $1,286,549,477 | 9 | June 15, 2026 |

Regulatory assets under management: $147,086,617 in the October 2021 data and $1,286,549,477 in the October 2026 data, up 775%.
Total employees: 9 in October 2021 and 9 in October 2026.

## Changes in the filing (last 12 months)

### July 2026
- Regulatory assets under management went from $1,136,879,848 to $1,286,549,477 (+13%).

### May 2026
- Item 11 disclosure answers changed: 2 yes answers, previously 1 (now yes: 11.D(2)).
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Regulatory assets under management went from $842,599,969 to $1,136,879,848 (+35%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Wahed (CRD 242793): Form ADV filing data as of October 2026.