Every Securities provides portfolio management for individuals and small businesses and portfolio management for institutions.
Every Securities reports 144 clients. They include 144 corporations and other businesses. Of its assets, 100.0% ($123M across 144 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | Fewer than 5 | 0% |
| High-net-worth individuals | Fewer than 5 | 0% |
| Banking or thrift institutions | Fewer than 5 | 0% |
| Pension and profit-sharing plans | Fewer than 5 | 0% |
| Charitable organizations | Fewer than 5 | 0% |
| Other client typesState or municipal government entities; Other investment advisers; Insurance companies; Sovereign wealth funds and foreign official institutions; Corporations and other businesses | 100% | 100% |
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) | Fewer than 5 | $0 | 0.0% | — |
| High-net-worth individuals | Fewer than 5 | $0 | 0.0% | — |
| Banking or thrift institutions | Fewer than 5 | $0 | 0.0% | — |
| Pension and profit-sharing plans | Fewer than 5 | $0 | 0.0% | — |
| Charitable organizations | Fewer than 5 | $0 | 0.0% | — |
| State or municipal government entities | Fewer than 5 | $0 | 0.0% | — |
| Other investment advisers | Fewer than 5 | $0 | 0.0% | — |
| Insurance companies | Fewer than 5 | $0 | 0.0% | — |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 | $0 | 0.0% | — |
| Corporations and other businesses | 144 | $123M | 100.0% | $852K |
| Total | 144 | $123M | 100% | — |
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- 144
- Regulatory AUM
- $123M
- AUM share
- 100.0%
- Avg. per client
- $852K
Total
- Clients
- 144
- Regulatory AUM
- $123M
- 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
Every Securities is paid through a percentage of assets under management and fixed fees (other than subscription fees); its fees and minimums are set out in its brochures on the SEC website.
Every Securities LLC owns 75% or more of Every Securities and is in turn owned by Rajeev Behera (75% or more). It has 4 employees, 1 of them in advisory roles.
Leadership
- Richard BachmanCCO
- Rajeev BeheraCEO
Staff
- 4 employees
- 1 in advisory functions
- 1 state-registered rep
- 1 broker-dealer rep
- Owns 75% or more of Every Securities LLC
Rajeev Behera
Control person · since August 2024
Every Securities’ regulatory assets grew 7.0× from $17.4M (June 2025) to $123M (March 2026); employees rose from 2 to 4.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $123M | 144 | 4 | 3 |
| June 2025 | $17.4M | 0 | 2 | 3 |
Besides its headquarters, Every Securities has 2 offices (1 private residence, listed without an address), with 2 listed addresses in California.
California · 2 listed addresses
- 1401 21st St, SacramentoHQ
- 2261 Market Street, San Francisco
Contact and registration details
- Legal name
- Every Securities LLC
- Headquarters
- 1401 21st St, Sacramento, CA 95811
- Website
- every.io
- Phone
- 628-227-6078
- SEC file
- 801-131410
- Structure
- California LLC
- Fiscal year end
- December
Every Securities uses Atomic Brokerage ($123M, 50%) and Pershing ($123M, 50%) as custodians for its separately managed accounts. Every Securities does not have custody of client assets.
The filed custodian amounts total more than regulatory assets under management. Each amount is shown as filed.
- Atomic BrokerageAtomic Brokerage LLC · New York, NY · $123M50%
- PershingPershing LLC · Jersey City, NJ · $123M50%
At year end, Every Securities’ separately managed accounts were mostly in bonds (61%) and cash (39%).
What the accounts hold
- Bonds61%
- Cash39%
How many clients does Every Securities have?
Every Securities has 144 clients and manages $123 million for them, as of March 2026. They include 144 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 27 March 2026
What services does Every Securities offer?
Every Securities provides portfolio management for individuals and small businesses and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Every Securities use?
Every Securities’ separately managed account assets are held at Atomic Brokerage LLC (New York, NY), with $123M and Pershing LLC (Jersey City, NJ), with $123M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 27 March 2026
How many financial advisors does Every Securities have?
Every Securities has 1 investment adviser representative registered with state securities authorities, out of 4 employees, and 1 perform investment advisory functions. 1 employee is a registered representative of a broker-dealer and 0 employees are 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 Every Securities invest in?
At the end of its last fiscal year, Every Securities’ separately managed accounts held 61% U.S. government and agency bonds and 39% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Every Securities?
Every Securities is owned through a holding company by Rajeev Behera. Its direct owner is Every Securities LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 27 March 2026
How does Every Securities get paid?
Every Securities is paid through a percentage of assets under management 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 Every Securities?
Every Securities’ main office is at 1401 21st St, Sacramento, CA 95811. Its phone number is 628-227-6078. Its website is every.io.