# WIL, LLC

> WIL, LLC is an SEC-registered investment advisory firm in Palo Alto, CA, registered since 2022, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated August 27, 2026.

- CRD: 170737
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Palo Alto, CA
- Filing period: October 2026
- Form ADV filing dated: August 27, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/170737
- AdvisorCensus page: https://advisorcensus.com/firm/wil-llc-palo-alto-ca-170737

## Quick answers

**How is WIL, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), WIL, 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 WIL, LLC located?**
WIL, LLC's principal office is in Palo Alto, CA, according to its Form ADV; the September 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is WIL, LLC registered with the SEC or a state?**
WIL, LLC is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 170737.

**How much does WIL, LLC manage?**
WIL, LLC reports $2,300,343,558 in regulatory assets under management in its Form ADV filing dated August 27, 2026 (100% discretionary).

**How have WIL, LLC's assets and staff changed since 2021?**
In the Form ADV data for WIL, LLC: Regulatory assets under management: $2,443,159,874 in the October 2022 data and $2,300,343,558 in the October 2026 data, down 6%. Total employees: 55 in October 2022 and 45 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does WIL, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (8).

**Does WIL, 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/170737

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $2,300,343,558
- Discretionary: $2,300,343,558
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 8 | $2,300,343,558 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2022 (4 years)
- Employees: 45 total, 18 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the September 2026 filing
- Tokyo

### Websites listed on Form ADV (Item 1.I)
- [tmfuturefund.com](https://tmfuturefund.com)
- [wil.vc](https://wil.vc)
- [wilab.com](https://wilab.com)
- [wilab.com/insights](https://wilab.com/insights)
- [wilsp.com](https://wilsp.com)
- Facebook @worldinnovationlab
- LinkedIn @world-innovation-lab-wil-
- X @wilab_pr

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | Not reported | Not reported | March 3, 2021 |
| October 2022 | $2,443,159,874 | 55 | June 14, 2022 |
| October 2023 | $2,501,047,470 | 49 | July 6, 2023 |
| October 2024 | $2,443,822,619 | 46 | July 12, 2024 |
| October 2025 | $2,178,095,286 | 45 | July 9, 2025 |
| October 2026 | $2,300,343,558 | 45 | August 27, 2026 |

Regulatory assets under management: $2,443,159,874 in the October 2022 data and $2,300,343,558 in the October 2026 data, down 6%.
Total employees: 55 in October 2022 and 45 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. WIL, LLC (CRD 170737): Form ADV filing data as of October 2026.