{"url":"https://nivawealth.com/firms/locorr-fund-management-156247","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/156247","regulatoryAum":2528449276,"crd":"156247","history":[{"filedOn":"2021-03-23","regulatoryAum":1984335857,"clients":1,"employees":8,"offices":1},{"filedOn":"2022-03-08","regulatoryAum":2691140775,"clients":1,"employees":8,"offices":1},{"filedOn":"2023-03-16","regulatoryAum":4435359023,"clients":1,"employees":8,"offices":1},{"filedOn":"2024-03-11","regulatoryAum":2961272387,"clients":1,"employees":8,"offices":1},{"filedOn":"2025-03-19","regulatoryAum":2684008408,"clients":1,"employees":8,"offices":1},{"filedOn":"2026-02-26","regulatoryAum":2528449276,"clients":1,"employees":8,"offices":1}],"secFileNumber":"801-72130","legalName":"Locorr Fund Management, LLC","displayName":"Locorr Fund Management","slug":"locorr-fund-management-156247","website":"https://locorrfunds.com/","classification":{"segment":"registered_funds","segmentLabel":"Fund management","type":"fund_manager","typeLabel":"Mutual funds & ETFs","feeDisclosure":"payment_only"},"linkedinUrl":"https://www.linkedin.com/company/locorr-funds/","xUrl":"https://twitter.com/locorrfunds","founded":null,"organization":"Minnesota limited liability company","fiscalYearEnd":"December","headquarters":{"street":"687 Excelsior BLVD","city":"Excelsior","state":"MN","stateName":"Minnesota","country":"United States","postalCode":"55331"},"tradeNames":[],"registration":{"secApproved":"11 February 2011","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":null,"staff":{"employees":8,"advisory":7,"brokerDealerReps":5,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":2528449276,"discretionary":2528449276,"discretionaryAccounts":7,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Investment companies","clients":1,"regulatoryAum":2528449276}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[],"custodyNote":"Locorr Fund Management does not have custody of client assets.","leadership":[{"name":"Jon Essen","title":"CFO","crd":"2469593"},{"name":"Brian Hull","title":"CCO","crd":"2685889"},{"name":"Kevin Kinzie","title":"CEO","crd":"4384324"}],"ownership":[{"label":"Octavus Group, LLC","detail":"Owner in the 75% or more ownership band and a control person, since November 2010."},{"label":"Kevin Kinzie","detail":"Indirect owner: a manager of Octavus Group, LLC in the 25% to 50% band and a control person, since August 2002.","parent":"Octavus Group, LLC"},{"label":"Jon Essen","detail":"Indirect owner: manager of Octavus Group, LLC and a control person, since April 2008.","parent":"Octavus Group, LLC"}],"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Minnesota","offices":1,"addresses":[{"street":"687 Excelsior BLVD","city":"Excelsior","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"952-767-6900","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Portfolio management for investment companies","Portfolio management for pooled investment vehicles (other than investment companies)","Selection of other advisers (including private fund managers)"],"financialPlanningClients":null,"assetMix":[],"privateFunds":0},"sources":{"adv1FilingDate":"26 February 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/156247/PDF/156247.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-21","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Locorr Fund Management have?","answer":"Locorr Fund Management has 1 client and manages $2.53 billion for them, as of February 2026. They include 1 investment company.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 26 February 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Locorr Fund Management offer?","answer":"Locorr Fund Management provides portfolio management for investment companies, portfolio management for pooled vehicles and selecting other managers.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How many financial advisors does Locorr Fund Management have?","answer":"Locorr Fund Management has 0 investment adviser representatives registered with state securities authorities, out of 8 employees, and 7 perform investment advisory functions. 5 employees are registered representatives 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Locorr Fund Management?","answer":"Locorr Fund Management is owned through a holding company by Kevin Kinzie. Its direct owner is Octavus Group, LLC (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 26 February 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Locorr Fund Management get paid?","answer":"Locorr Fund Management is paid through a percentage of assets under management. 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Is Locorr Fund Management registered with the SEC?","answer":"Yes, Locorr Fund Management has been registered with the SEC as an investment adviser since 11 February 2011. Its CRD number is 156247 and its SEC file number is 801-72130.","source":"Form ADV Part 1A, Item 1, filed 26 February 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Locorr Fund Management?","answer":"Locorr Fund Management’s main office is at 687 Excelsior BLVD, Excelsior, MN 55331. Its phone number is 952-767-6900. Its website is locorrfunds.com.","source":"Form ADV Part 1A, Item 1.F, filed 26 February 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."}