SEC-registered firm
Registration does not mean the SEC approves or recommends the firm, and it does not imply a certain level of skill or training.
Denali Advisors, LLC
San Diego, CA
CRD 110242
Firm filing updated March 27, 2026 ·
- $1.4BAssets
- 9Advisory staff
- 291Accounts
Fees and minimums
All fee types on the form
- Percentage of assets under managementYes
- Performance-based feesYes
- Hourly chargesNo
- Fixed feesNo
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- OtherNo
Who the firm serves
- Individuals197
- High net worth individuals60
- Corporations or other businesses12
- Charities9
- State or municipal government entities (including government pension plans)8
- and 1 more1
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| Individuals (other than high net worth) | 197 | $63.4 million |
| High net worth individuals | 60 | $178.0 million |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $164.9 million |
| Charitable organizations | 9 | $68.8 million |
| State or municipal government entities (including government pension plans) | 8 | $868.0 million |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 clients | $19.0 million |
| Corporations or other businesses not listed above | 12 | $22.3 million |
| Other: "NATIVE" | Fewer than 5 clients | $3.5 million |
What the client labels mean
Here, "individuals" includes trusts, estates, and IRAs of individuals. A "high net worth individual" is a qualified client or qualified purchaser.
Services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Other: "PORTFOLIO MANAGEMENT FOR INDIAN TRIBES"
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Other: "PORTFOLIO MANAGEMENT FOR INDIAN TRIBES"
Assets and accounts
- Regulatory assets$1.4 billion
- Accounts291
- Discretionary$1.4 billion · 290 accounts
- Non-discretionary$5.6 million · 1 accounts
People
- Employees14
- Advisory staff9
- Broker-dealer reps0
- Licensed insurance agents0
Registration details
- SEC-registered investment advisor. CRD 110242, SEC file 801-60039.
- Registered with the SEC as an investment advisor (status date on record: March 2, 2001).
Is Denali Advisors, LLC a fiduciary?
Short answer: Denali Advisors, LLC is registered with the SEC as an investment advisor.
More detail
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
The firm does not report commissions, a broker-dealer role, a related broker-dealer, or staff who are broker-dealer representatives.
The firm's Form CRS explains its services, fees and conflicts in plain language: Form CRS.
About this data
Informational only. Advisable Finance is not an investment advisor, does not give investment advice, and does not endorse any advisor.