8th Street Investments provides financial planning and portfolio management for individuals and small businesses.
8th Street Investments reports 58 clients. They include 35 high-net-worth individuals and 23 individual clients. Nearly all assets ($167M across 205 accounts) are managed with discretion; $13.7K across 1 account is not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 40% | 4% |
| High-net-worth individuals | 60% | 95% |
| Charitable organizations | Fewer than 5 | <1% |
| Corporations and other businesses | Fewer than 5 | <1% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 23 | $6.77M | 4.1% | $295K |
| High-net-worth individuals | 35 | $158M | 94.8% | $4.52M |
| Charitable organizations | Fewer than 5 | $1.65M | 1.0% | — |
| Corporations and other businesses | Fewer than 5 | $262K | 0.2% | — |
| Total | 58 | $167M | 100% | — |
- Clients
- 23
- Regulatory AUM
- $6.77M
- AUM share
- 4.1%
- Avg. per client
- $295K
- Clients
- 35
- Regulatory AUM
- $158M
- AUM share
- 94.8%
- Avg. per client
- $4.52M
- Clients
- Fewer than 5
- Regulatory AUM
- $1.65M
- AUM share
- 1.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $262K
- AUM share
- 0.2%
- Avg. per client
- —
Total
- Clients
- 58
- Regulatory AUM
- $167M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
8th Street Investments charges 0.50%–1.00% a year for its Investment Management Services. Each asset band is charged at its own rate. The fee is billed in arrears and is negotiable. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$2M | 1.00% |
| $2M–$5M | 0.75% |
| $5M and above | 0.50% |
Fee details and sources
Other fees
- Financial Planning and Consulting Services
- Fixed fee typically $2,000 to $7,000, or hourly at $250 to $500 per hour; half is due at inception.
Lisa Pendley owns 50% to 75% of 8th Street Investments. The leadership team of 8th Street Investments includes Chief Investment Officer Michael Shea and Chief Compliance Officer Lisa Pendley. It has 3 employees, 2 of them in advisory roles.
Staff
- 3 employees
- 2 in advisory functions
- 2 state-registered reps
- Owns 50% to 75% of 8th Street Investments, LLC
Lisa Pendley
Control person · since October 2008
- Owns 50% to 75% of 8th Street Investments, LLC
Michael Shea
Control person · since October 2008
8th Street Investments’ regulatory assets grew from $134M (May 2021) to $167M (March 2026); clients rose from 50 to 58 and employees from 2 to 3.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $167M | 58 | 3 | 2 |
| Mar 2025March 2025 | $172M | 55 | 3 | 2 |
| Mar 2024March 2024 | $162M | 54 | 3 | 2 |
| Mar 2023March 2023 | $143M | 51 | 3 | 2 |
| Jun 2022June 2022 | $165M | 52 | 3 | 2 |
| May 2021May 2021 | $134M | 50 | 2 | 2 |
Besides its headquarters, 8th Street Investments has 1 office (1 private residence, listed without an address), with 1 listed address in 1 state.
Virginia · 1 listed address
- 1800 Diagonal Road, Suite 600, AlexandriaHQ
Contact and registration details
- Legal name
- 8th Street Investments, LLC
- Headquarters
- 1800 Diagonal Road, Suite 600, Alexandria, VA 22314
- Website
- 8thstreetllc.com
- Phone
- 703-519-0962
- SEC file
- 801-121413
- Structure
- Virginia LLC
- Fiscal year end
- December
8th Street Investments’ named custodian for separately managed accounts is Charles Schwab ($167M). 8th Street Investments does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $167M100%
At year end, 8th Street Investments’ separately managed accounts were mostly in funds (52%) and stocks (28%).
What the accounts hold
- Stocks28%
- Funds52%
- Bonds10%
- U.S. government and agency bonds7%
- State and local bonds2%
- Investment grade corporate bonds1%
- Cash10%
How many clients does 8th Street Investments have?
8th Street Investments has 58 clients and manages $167 million for them, as of March 2026. They include 35 high-net-worth individuals and 23 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 14 March 2026
What services does 8th Street Investments offer?
8th Street Investments provides financial planning and portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does 8th Street Investments charge?
8th Street Investments charges 0.50%–1.00% a year for its Investment Management Services. Each asset band is charged at its own rate. The fee is billed in arrears and is negotiable.
Source: 8TH STREET DISCLOSURE BROCHURE (MARCH 13, 2026), filed 13 March 2026
Which custodians does 8th Street Investments use?
8th Street Investments’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $167M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 14 March 2026
How many financial advisors does 8th Street Investments have?
8th Street Investments has 2 investment adviser representatives registered with state securities authorities, out of 3 employees, and 2 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does 8th Street Investments invest in?
At the end of its last fiscal year, 8th Street Investments’ separately managed accounts held 52% registered funds (mutual funds, ETFs, BDCs), 28% exchange-traded equities, 10% cash and equivalents, 7% U.S. government and agency bonds, 2% state and local bonds and 1% investment grade corporate bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns 8th Street Investments?
8th Street Investments’ direct owners are Lisa Pendley (50% to 75%) and Michael Shea (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 14 March 2026
How does 8th Street Investments get paid?
8th Street Investments is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact 8th Street Investments?
8th Street Investments’ main office is at 1800 Diagonal Road, Suite 600, Alexandria, VA 22314. Its phone number is 703-519-0962. Its website is 8thstreetllc.com.