{"url":"https://nivawealth.com/firms/candide-group-286086","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/286086","regulatoryAum":123571267,"crd":"286086","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"6739149","suffix":null,"lastName":"Ben-Ami","firstName":"Aner","middleName":null},{"crd":"6739151","suffix":null,"lastName":"SIMON","firstName":"MORGAN","middleName":null}],"total":2,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-07-21","regulatoryAum":136220431,"clients":1,"employees":7,"offices":1},{"filedOn":"2022-07-08","regulatoryAum":156303689,"clients":8,"employees":9,"offices":1},{"filedOn":"2023-03-31","regulatoryAum":174600552,"clients":18,"employees":13,"offices":1},{"filedOn":"2024-04-10","regulatoryAum":212438072,"clients":14,"employees":14,"offices":1},{"filedOn":"2025-07-16","regulatoryAum":174749834,"clients":10,"employees":15,"offices":1},{"filedOn":"2026-03-31","regulatoryAum":123571267,"clients":11,"employees":13,"offices":3}],"secFileNumber":"801-118939","legalName":"Candide Group, LLC","displayName":"Candide Group","slug":"candide-group-286086","website":"https://candidegroup.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/286086/84f30d57466fafe8-r1.webp","tone":"light","width":495,"height":200,"sourceUrl":"https://www.candidegroup.com/","sourceLabel":"Candide Group, website"},"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"xUrl":"https://x.com/CandideGroup","founded":null,"organization":"California limited liability company","fiscalYearEnd":"December","headquarters":{"street":"1721 Broadway, Suite 201","city":"Oakland","state":"CA","stateName":"California","country":"United States","postalCode":"94612"},"tradeNames":[],"registration":{"secApproved":"18 June 2020","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":12648101.4,"staff":{"employees":13,"advisory":4,"brokerDealerReps":0,"insuranceAgents":0,"promoters":1},"aum":{"regulatory":123571267,"discretionary":0,"discretionaryAccounts":0,"nonDiscretionary":123571267,"nonDiscretionaryAccounts":16,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"High-net-worth individuals","clients":5,"regulatoryAum":63240507},{"label":"Charitable organizations","clients":6,"regulatoryAum":60330760}],"feePrograms":[{"role":"main","program":"Investment Management Services","feeBasis":"ceiling","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1038610","versionId":1038610,"ratePeriod":"annual","fee_billing":"both","submittedOn":"2026-03-31","documentName":"FORM ADV, PART 2A - MARCH 2026","fee_rate_low":null,"fee_rate_high":1.75,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Impact Consulting","summary":"Impact Consulting is generally charged per project, typically $10,000 to $100,000.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1038610","versionId":1038610,"submittedOn":"2026-03-31","documentName":"FORM ADV, PART 2A - MARCH 2026"},{"role":"other","program":"Impact Education Services","summary":"Impact Education Services are generally charged per project, typically $10,000 to $400,000, or hourly at $150 to $500 (commercial) or $75 to $250 (discounted).","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1038610","versionId":1038610,"submittedOn":"2026-03-31","documentName":"FORM ADV, PART 2A - MARCH 2026"},{"role":"other","program":"Research Services","summary":"Research Services are priced individually, typically $75,000 to $500,000, usually invoiced at the start of the engagement.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1038610","versionId":1038610,"submittedOn":"2026-03-31","documentName":"FORM ADV, PART 2A - MARCH 2026"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T15:39:33.911103+00:00","documents":[{"name":"FORM ADV, PART 2A - MARCH 2026","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1038610","versionId":1038610,"submittedOn":"2026-03-31"}]},"custodians":[{"name":"The Bank of New York Mellon Corporation","shortName":"The Bank of New York Mellon","location":"New York, NY","smaAssets":26395881}],"custodyNote":"Candide Group does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"George Ashton","title":"Chief Executive Officer","crd":"2904292"},{"name":"Aner Ben-Ami","title":"Managing Member and Chief Investment Officer","crd":"6739149"},{"name":"Morgan Simon","title":"Managing Member and CCO","crd":"6739151"}],"ownership":[{"label":"Aner Ben-Ami","detail":"Managing member and chief investment officer in the 50% to 75% ownership band and a control person, since June 2015."},{"label":"Morgan Simon","detail":"Managing member and cco in the 50% to 75% ownership band and a control person, since June 2015."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":2,"privateResidences":2},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"1721 Broadway, Suite 201","city":"Oakland","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"510-761-8150","stateRegisteredReps":2,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)","Performance-based fees"],"activities":["Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients","Selection of other advisers (including private fund managers)","Educational seminars/workshops","Other"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":21},{"label":"Non-exchange-traded equity securities","percent":25},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":41},{"label":"Other","percent":13,"detail":"Private Debt Instruments"}],"privateFunds":0},"sources":{"adv1FilingDate":"31 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/286086/PDF/286086.pdf","brochureDate":"31 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1038610","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Candide Group have?","answer":"Candide Group has 11 clients and manages $124 million for them, as of March 2026. They include 6 charitable organizations and 5 high-net-worth individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Candide Group offer?","answer":"Candide Group provides portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, and educational seminars.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Candide Group charge?","answer":"Candide Group charges up to 1.75% a year for its Investment Management Services. The fee is billed in advance or in arrears and is negotiable.","source":"FORM ADV, PART 2A - MARCH 2026, filed 31 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Candide Group use?","answer":"Candide Group’s separately managed account assets are held at The Bank of New York Mellon Corporation (New York, NY), with $26.4M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Candide Group have?","answer":"Candide Group has 2 investment adviser representatives registered with state securities authorities, out of 13 employees, and 4 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Candide Group invest in?","answer":"At the end of its last fiscal year, Candide Group’s separately managed accounts held 41% pooled vehicles (private funds and similar), 25% non-exchange-traded equities, 21% exchange-traded equities and 13% other. The 13% other category is described as: Private Debt Instruments.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Candide Group?","answer":"Candide Group’s direct owners are Aner Ben-Ami (50% to 75%) and Morgan Simon (50% to 75%).","source":"Form ADV Part 1A, Schedules A and B, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Candide Group get paid?","answer":"Candide Group is paid through a percentage of assets under management, fixed fees and performance-based fees. Its Form ADV lists no commissions among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Candide Group?","answer":"Candide Group’s main office is at 1721 Broadway, Suite 201, Oakland, CA 94612. Its phone number is 510-761-8150. Its website is candidegroup.com.","source":"Form ADV Part 1A, Item 1.F, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}