{"url":"https://nivawealth.com/firms/v3limited-169624","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/169624","regulatoryAum":122440948,"crd":"169624","history":[{"filedOn":"2021-04-30","regulatoryAum":156953804,"clients":55,"employees":2,"offices":2},{"filedOn":"2022-05-16","regulatoryAum":149208436,"clients":56,"employees":2,"offices":1},{"filedOn":"2023-03-31","regulatoryAum":137745612,"clients":61,"employees":2,"offices":2},{"filedOn":"2024-03-29","regulatoryAum":147115571,"clients":61,"employees":2,"offices":2},{"filedOn":"2025-03-31","regulatoryAum":142709491,"clients":59,"employees":2,"offices":2},{"filedOn":"2026-03-31","regulatoryAum":122440948,"clients":57,"employees":2,"offices":2}],"secFileNumber":"801-78846","legalName":"V3limited LLC","displayName":"V3Limited","slug":"v3limited-169624","website":"https://v3-limited.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"150 North Radnor Chester Road, Suite F-200","city":"Radnor","state":"PA","stateName":"Pennsylvania","country":"United States","postalCode":"19087"},"tradeNames":[],"registration":{"secApproved":"6 December 2013","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":2421128.16,"staff":{"employees":2,"advisory":2,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":122440948,"discretionary":0,"discretionaryAccounts":0,"nonDiscretionary":122440948,"nonDiscretionaryAccounts":57,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"High-net-worth individuals","clients":50,"regulatoryAum":121056408},{"label":"Other investment advisers","clients":1,"fewerThan5":true,"regulatoryAum":0},{"label":"Corporations and other businesses","clients":6,"regulatoryAum":1384540}],"feePrograms":[],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed_no_numerical_schedule","checkedAt":"2026-10-22T14:50:29.897186+00:00","documents":[{"name":"V3LIMITED LLC BROCHURE 03312026","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1037692","versionId":1037692,"submittedOn":"2026-03-31"}]},"custodians":[{"name":"Fidelity Brokerage Services LLC","shortName":"Fidelity","location":"Boston, MA","smaAssets":44572608},{"name":"National Financial Services LLC","shortName":"Fidelity","location":"Boston, MA","smaAssets":12680106},{"name":"Merrill Lynch, Pierce, Fenner & Smith Incorporated","shortName":"Merrill Lynch, Pierce, Fenner & Smith","location":"New York, NY","smaAssets":37405841}],"custodyNote":"V3Limited does not have custody of client assets.","leadership":[{"name":"Todd Kellerman","title":"Principal and Chief Compliance Officer","crd":"5719257"},{"name":"Timothy Wray","title":"Principal","crd":"2072267"}],"ownership":[{"label":"Timothy Wray","detail":"Principal in the 50% to 75% ownership band and a control person, since November 2013."},{"label":"Todd Kellerman","detail":"Principal and chief compliance officer in the 50% to 75% ownership band and a control person, since November 2013."}],"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"foreignOffices":[],"officesByState":[{"state":"Arizona","offices":1,"addresses":[{"street":"4742 N 24th Street","city":"Phoenix"}]},{"state":"Pennsylvania","offices":1,"addresses":[{"street":"150 North Radnor Chester Road, Suite F-200","city":"Radnor","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"610-989-7200","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)","Performance-based fees"],"activities":["Portfolio management for individuals and/or small businesses","Selection of other advisers (including private fund managers)","Other"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":40},{"label":"U.S. state and local bonds","percent":16},{"label":"Investment grade corporate bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":4},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":36},{"label":"Cash and cash equivalents","percent":3}],"privateFunds":0},"sources":{"adv1FilingDate":"31 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/169624/PDF/169624.pdf","brochureDate":"31 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1037692","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 V3Limited have?","answer":"V3Limited has 57 clients and manages $122 million for them, as of March 2026. They include 50 high-net-worth individuals, 6 corporations and other businesses, and 1 other investment adviser.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does V3Limited offer?","answer":"V3Limited provides portfolio management for individuals and small businesses 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":"Which custodians does V3Limited use?","answer":"V3Limited’s separately managed account assets are held at Fidelity Brokerage Services LLC (Boston, MA), with $44.6M, Merrill Lynch, Pierce, Fenner & Smith Incorporated (New York, NY), with $37.4M and National Financial Services LLC (Boston, MA), with $12.7M. 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 V3Limited have?","answer":"V3Limited has 0 investment adviser representatives registered with state securities authorities, out of 2 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does V3Limited invest in?","answer":"At the end of its last fiscal year, V3Limited’s separately managed accounts held 40% exchange-traded equities, 36% pooled vehicles (private funds and similar), 16% state and local bonds, 4% registered funds (mutual funds, ETFs, BDCs), 3% cash and equivalents 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns V3Limited?","answer":"V3Limited’s direct owners are Timothy Wray (50% to 75%) and Todd Kellerman (50% to 75%).","source":"Form ADV Part 1A, Schedules A and B, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does V3Limited get paid?","answer":"V3Limited is paid through a percentage of assets under management, hourly charges, 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":"Is V3Limited registered with the SEC?","answer":"Yes, V3Limited has been registered with the SEC as an investment adviser since 6 December 2013. Its CRD number is 169624 and its SEC file number is 801-78846.","source":"Form ADV Part 1A, Item 1, filed 31 March 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact V3Limited?","answer":"V3Limited’s main office is at 150 North Radnor Chester Road, Suite F-200, Radnor, PA 19087. Its phone number is 610-989-7200. Its website is v3-limited.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."}