Asset manager · SAN Diego, CA
Denali Advisors, LLC
SEC-registered investment adviser · CRD 110242 · SEC 801-60039
At a glance
Denali Advisors, LLC is an SEC-registered investment adviser based in SAN Diego, California, with $1.4 billion in regulatory assets under management as of its Form ADV filed March 27, 2026. Its largest client group by assets is state or municipal government entities, and it reports 257 individual clients. By Form ADV it is a asset manager, ranked 1,206th of 3,218 asset managers and 4,474th of 17,210 SEC-registered advisers by assets.
Main office 858-558-3600denaliadvisors.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $1.4B
- Rank among asset managers
- #1,206 of 3,218
- Rank among all SEC RIAs
- #4,474 of 17,210
- Rank in California
- #510 of 1,873
- Individual clients
- 257
- High-net-worth clients
- 60
- Accounts
- 291
- Discretionary
- 100% of AUM
- Employees
- 14
- Advisory staff
- 9
- Offices
- 3
Owners and executives on its Form ADV
- Robert G. SnigaroffMember, Manager, Chief Investment Officer
- Michael R. MunsonMember
- Robert A. GillamChief Investment Officer, Growth Equity
- Adam J. FaganChief Compliance Officer
Custody and brokerage
5 custodians
- BNY$412M38%
- State Street$198M18%
- Northern Trust$165M15%
- HSBC Securities (USA)$165M15%
- Charles Schwab$153M14%
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| State or municipal government entities | 8 | $868M | 63% |
| High-net-worth individuals | 60 | $178M | 13% |
| Pooled investment vehicles | 1 | $165M | 12% |
| Charitable organizations | 9 | $69M | 5% |
| Individuals | 197 | $63M | 5% |
| Corporations or other businesses | 12 | $22M | 2% |
| Sovereign wealth funds and foreign official institutions | 1 | $19M | 1% |
| Other | 3 | $3M | <1% |
Private funds
Denali Advisors, LLC reports 1 private funds with $165M in gross assets: other private funds (Form ADV Item 7.B).
Disciplinary disclosures
Denali Advisors, LLC reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Portfolio management for individuals and small businesses
- Portfolio management for businesses and institutions
- Other services
How it’s paid
- A percentage of assets under management
- Performance-based fees
Form ADV and brochures on the SEC’s adviser search ↗denaliadvisors.com ↗
AtlasMembers
The full record on Denali Advisors, LLC
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
- Locked
- Growth over one, three and five years
- Locked
- Rank against 961 peers of its type and size
- Locked
- Owners and executives, with titles and stakes
- 4 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
- 2Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Denali Advisors, LLC manage?
Denali Advisors, LLC reports $1.4 billion in regulatory assets under management across 291 accounts, 100% of it on a discretionary basis, on its Form ADV filed March 27, 2026.
What kind of firm is Denali Advisors, LLC?
Denali Advisors, LLC is a asset manager by its Form ADV answers. Most of its assets are managed for funds, institutions or other businesses rather than individuals.
Who are Denali Advisors, LLC’s clients?
By assets, its largest client types are state or municipal government entities ($868 million, 8 clients); high-net-worth individuals ($178 million, 60 clients); pooled investment vehicles ($165 million, 1 clients).
Does Denali Advisors, LLC manage private funds?
Yes. It reports 1 private funds with $165 million in gross assets, including other private funds.
Does Denali Advisors, LLC have any disciplinary history?
Denali Advisors, LLC reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is Denali Advisors, LLC’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-03-27), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →