Wealth manager, public-company owned · Menlo Park, CA
Robinhood Asset Management
Robinhood Asset Management, LLC · SEC-registered investment adviser · CRD 323736 · SEC 801-127371
At a glance
Robinhood Asset Management is an SEC-registered investment adviser based in Menlo Park, California, with $1.5 billion in regulatory assets under management as of its Form ADV filed June 15, 2026. Its largest client group by assets is individuals, and it reports 252,664 individual clients. By Form ADV it is a wealth manager (public-company owned), ranked 1,014th of 8,915 wealth managers and 4,228th of 17,210 SEC-registered advisers by assets.
Main office 650-940-2700 ext. 31450robinhood.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $1.5B
- Rank among wealth managers
- #1,014 of 8,915
- Rank among all SEC RIAs
- #4,228 of 17,210
- Rank in California
- #485 of 1,873
- Individual clients
- 252,664
- High-net-worth clients
- 0
- Accounts
- 264,104
- Discretionary
- 100% of AUM
- Employees
- 138
- Advisory staff
- 138
- Offices
- 7
Owners and executives on its Form ADV
- Stephanie J. GuildPresident
- Robert J. SalvadorChief Compliance Officer
Custody and brokerage
Custodian
Robinhood Asset Management’s Form ADV lists no custodian for separately managed accounts. Firms report one only when they manage $10 million or more in those accounts.
Broker-dealer
Hybrid RIA
Robinhood Asset Management is a hybrid RIA: 138 of its employees are also registered representatives of a broker-dealer. It names affiliated broker-dealers: Robinhood Financial, LLC, Robinhood Securities, LLC, Robinhood U.K. LTD and Trade-Pmr Inc..
- Robinhood Financial, LLC ↗CRD 165998
An introducing broker-dealer: its trades clear through Robinhood, which holds the brokerage accounts. Its annual audited report filed with the SEC, February 2026
- Robinhood Securities, LLC ↗CRD 287900
An introducing broker-dealer: its trades clear through another firm, which holds the brokerage accounts. Its annual audited report filed with the SEC, February 2026
- Robinhood U.K. LTD
- Trade-Pmr Inc. ↗CRD 46350
An introducing broker-dealer: its trades clear through Wells Fargo Clearing Services, which holds the brokerage accounts. Its annual audited report filed with the SEC, February 2026
Its Form ADV brochure (filed June 2026) names Robinhood Financial and Robinhood Securities as the broker-dealer its advisers are registered with.
In some cases, Robinhood Strategies supervised persons may also be dually employed as registered representatives with Robinhood Financial and Robinhood Securities.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Individuals | 252,664 | $1.5B | 100% |
Disciplinary disclosures
Robinhood Asset Management 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
- Other services
How it’s paid
- A percentage of assets under management
- Other
Form ADV and brochures on the SEC’s adviser search ↗robinhood.com ↗
AtlasMembers
The full record on Robinhood Asset Management
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, 1 years of filings
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- Growth over one, three and five years
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- Rank against 2,505 peers of its type and size
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- Owners and executives, with titles and stakes
- 2 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Robinhood Asset Management manage?
Robinhood Asset Management reports $1.5 billion in regulatory assets under management across 264,104 accounts, 100% of it on a discretionary basis, on its Form ADV filed June 15, 2026.
What kind of firm is Robinhood Asset Management?
Robinhood Asset Management is a wealth manager by its Form ADV answers. At least half of its regulatory assets are managed for individuals and high-net-worth individuals. A public reporting company controls it.
Who are Robinhood Asset Management’s clients?
By assets, its largest client types are individuals ($1.5 billion, 252,664 clients).
Does Robinhood Asset Management have any disciplinary history?
Robinhood Asset Management 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 Robinhood Asset Management’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 (2026-06-15), 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 →