{"url":"https://nivawealth.com/firms/riley-s-crosbie-advisory-336507","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/336507","regulatoryAum":118881531,"crd":"336507","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"7941675","suffix":null,"lastName":"Castleton","firstName":"Jordan","middleName":"John"},{"crd":"6538869","suffix":null,"lastName":"CROSBIE","firstName":"RILEY","middleName":"STEVENS"},{"crd":"7224395","suffix":null,"lastName":"May","firstName":"Jaeden","middleName":"Gonzalez"}],"total":3,"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"},"secFileNumber":"801-136266","legalName":"Riley S. Crosbie Advisory, LLC","displayName":"Riley S. Crosbie Advisory","slug":"riley-s-crosbie-advisory-336507","website":null,"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Utah limited liability company","fiscalYearEnd":"December","headquarters":{"street":"76 E 200 N, Suite 110","city":"Logan","state":"UT","stateName":"Utah","country":"United States","postalCode":"84321"},"tradeNames":["Crosbie Financial"],"registration":{"secApproved":"15 May 2026","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1117228.855670103,"staff":{"employees":3,"advisory":3,"brokerDealerReps":1,"insuranceAgents":1,"promoters":0},"aum":{"regulatory":118881531,"discretionary":118881531,"discretionaryAccounts":328,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":21,"regulatoryAum":4627016},{"label":"High-net-worth individuals","clients":76,"regulatoryAum":103744183},{"label":"Pension and profit-sharing plans","clients":3,"fewerThan5":true,"regulatoryAum":9001531},{"label":"Corporations and other businesses","clients":1,"fewerThan5":true,"regulatoryAum":1508801}],"feePrograms":[{"role":"main","program":"Portfolio Management Fees","feeBasis":"marginal","fee_tiers":[{"to":2000000,"pct":1.5,"from":0},{"to":3000000,"pct":1.33,"from":2000000},{"to":5000000,"pct":1.2,"from":3000000},{"to":7000000,"pct":1,"from":5000000},{"to":10000000,"pct":0.85,"from":7000000},{"to":null,"pct":0.6,"from":10000000}],"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1047220","versionId":1047220,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-06-04","documentName":"FORM ADV PART 2A - RILEY S. CROSBIE ADVISORY, LLC","fee_rate_low":0.6,"fee_rate_high":1.5,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T18:03:37.991903+00:00","documents":[{"name":"FORM ADV PART 2A - RILEY S. CROSBIE ADVISORY, LLC","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1047220","versionId":1047220,"submittedOn":"2026-06-04"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":89449355}],"custodyNote":"Riley S. Crosbie Advisory does not have custody of client assets.","leadership":[{"name":"Riley Crosbie","title":"Managing Member and Chief Compliance Officer","crd":"6538869"}],"ownership":[{"label":"Riley Crosbie","detail":"Managing member and chief compliance officer in the 75% or more ownership band and a control person, since December 2022."}],"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Utah","offices":1,"addresses":[{"street":"76 E 200 N, Suite 110","city":"Logan","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"435-752-5558","stateRegisteredReps":3,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses"],"financialPlanningClients":"51-100","assetMix":[{"label":"Exchange-traded equity securities","percent":19},{"label":"Securities issued by registered investment companies or business development companies","percent":80},{"label":"Cash and cash equivalents","percent":1}],"privateFunds":0},"sources":{"adv1FilingDate":"9 June 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/336507/PDF/336507.pdf","brochureDate":"4 June 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1047220","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 Riley S. Crosbie Advisory have?","answer":"Riley S. Crosbie Advisory has 101 clients and manages $119 million for them, as of June 2026. They include 76 high-net-worth individuals, 21 individual clients, and 3 pension and profit-sharing plans.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 9 June 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Riley S. Crosbie Advisory offer?","answer":"Riley S. Crosbie Advisory 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Riley S. Crosbie Advisory charge?","answer":"Riley S. Crosbie Advisory charges 0.60%–1.50% a year for its Portfolio Management Fees. Each asset band is charged at its own rate. The fee is billed in arrears and is negotiable.","source":"FORM ADV PART 2A - RILEY S. CROSBIE ADVISORY, LLC, filed 4 June 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Riley S. Crosbie Advisory use?","answer":"Riley S. Crosbie Advisory’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $89.4M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 9 June 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Riley S. Crosbie Advisory have?","answer":"Riley S. Crosbie Advisory has 3 investment adviser representatives registered with state securities authorities, out of 3 employees, and 3 perform investment advisory functions. 1 employee is a registered representative of a broker-dealer and 1 employee is a licensed insurance agent.","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 Riley S. Crosbie Advisory invest in?","answer":"At the end of its last fiscal year, Riley S. Crosbie Advisory’s separately managed accounts held 80% registered funds (mutual funds, ETFs, BDCs), 19% exchange-traded equities and 1% cash and equivalents.","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 Riley S. Crosbie Advisory?","answer":"Riley S. Crosbie Advisory’s direct owner is Riley Crosbie (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 9 June 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Riley S. Crosbie Advisory get paid?","answer":"Riley S. Crosbie Advisory 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 Riley S. Crosbie Advisory registered with the SEC?","answer":"Yes, Riley S. Crosbie Advisory has been registered with the SEC as an investment adviser since 15 May 2026. Its CRD number is 336507 and its SEC file number is 801-136266.","source":"Form ADV Part 1A, Item 1, filed 9 June 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Riley S. Crosbie Advisory?","answer":"Riley S. Crosbie Advisory’s main office is at 76 E 200 N, Suite 110, Logan, UT 84321. Its phone number is 435-752-5558.","source":"Form ADV Part 1A, Item 1.F, filed 9 June 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."}