Asset ManagerRIA · CRD 149782SEC-Registered

Updated:

AdvisorShares

ADVISORSHARES is an SEC-registered investment adviser in BETHESDA, MD, registered since 2009. The firm manages approximately $1.7 billion in regulatory assets.

AdvisorShares

ADVISORSHARES is an SEC-registered investment adviser in BETHESDA, MD, registered since 2009. The firm manages approximately $1.7 billion in regulatory assets. It has 11 employees and 5 investment advisers.

General information

Firm type

Asset Manager

Year founded

2006

Location

Region

North America

Country

United States

City

Bethesda

Corporate office

Bethesda, MD, United States

Principals

Noah Hamman

Chief Executive Officer

Sector focus

Thematic ETFs

Frequently asked questions

Who makes security-level investment decisions at AdvisorShares?

Investment decisions are made entirely by the third-party sub-advisor assigned to each ETF. AdvisorShares serves as the investment advisor to the trust, overseeing compliance and operations, but the sub-advisor retains full discretionary authority for stock selection and portfolio allocation within the fund's stated mandate.

Does AdvisorShares participate in fund commitments or only direct ETF issuance?

AdvisorShares participates exclusively in ETF issuance and management as a registered investment company sponsor. The firm does not make commitments to private funds as a limited partner, nor does it operate a fund-of-funds platform. Its sole business is creating and operating its own family of actively managed exchange-traded funds.

How is AdvisorShares related to its sub-advisor firms?

AdvisorShares enters into arm's-length sub-advisory agreements with unaffiliated third-party asset managers. The sub-advisors remain legally separate entities and often continue to operate their own separate accounts or private funds. Sub-advisors can and have terminated agreements to launch their own independent ETFs, as the relationship does not grant AdvisorShares exclusivity or ownership over the manager's strategy.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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