DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Locorr Fund Management, LLC

Asset manager (funds and pooled vehicles)Excelsior, MinnesotaCRD 156247SEC 801-72130websiteIAPD
Latest filing Feb 26, 2026
First filing on the tape Mar 26, 2012 · 20 filings
SEC status approved since Feb 11, 2011
RAUM
$2.5B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
8
7 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
20 filings and snapshots on the tape
RAUM$2.5B as of Feb 26, 2026
Mar 26, 2012$203M then
HNW client RAUM$0 as of Feb 26, 2026
Mar 16, 2018$0 then
State-registered IARs (5.B.3)0 as of Feb 26, 2026
Mar 26, 20120 then
Employees (5.A)8 as of Feb 26, 2026
Mar 19, 20134 then
Private funds: no history
RAUM -5.8% over the last fiscal year-17% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Feb 26, 2026; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$361MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
-5.8%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for pooled vehicles, portfolio management for investment companies, selection of other advisersreportedItem 5.G
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • has discretionary authority over which securities are bought or sold (8.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Investment companies$2.5B100%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
7reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=true related_bank=true bd_reps=5.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • Chadwick Jon Essen · Cfocontrol
        since 11/2010 · owns less than 5%
      • Michael Kevin Kinzie · Ceocontrol
        since 11/2010 · owns less than 5%
      • Chadwick Jon Essen · Managercontrol
        since 04/2008 · owns F of Octavus Group, LLC
      • Michael Kevin Kinzie · Managercontrol
        since 08/2002 · owns 25% to 50% of Octavus Group, LLC
      • Francis Brian Hull · Cco
        since 11/2019 · owns less than 5%
      Entity owners
      • Octavus Group, LLC · Owner
        direct · owns 75% or more
      Related persons
      Schedule D 7.A
      Advisers that list Locorr Fund Management, LLC as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 6 to 7
        Mar 19, 2025 to Feb 26, 2026
      • Discretionary RAUM · $2.7B to $2.5B
        Mar 19, 2025 to Feb 26, 2026
      • RAUM · $2.7B to $2.5B
        Mar 19, 2025 to Feb 26, 2026
      • Accounts · 1 to 6
        Mar 11, 2024 to Mar 19, 2025
      • Financial planning clients · unset to
        Mar 11, 2024 to Mar 19, 2025
      • Discretionary RAUM · $3.0B to $2.7B
        Mar 11, 2024 to Mar 19, 2025
      • RAUM · $3.0B to $2.7B
        Mar 11, 2024 to Mar 19, 2025
      • Discretionary RAUM · $4.4B to $3.0B
        Mar 16, 2023 to Mar 11, 2024
      • RAUM · $4.4B to $3.0B
        Mar 16, 2023 to Mar 11, 2024
      • Discretionary RAUM · $2.7B to $4.4B
        Jan 22, 2023 to Mar 16, 2023
      • RAUM · $2.7B to $4.4B
        Jan 22, 2023 to Mar 16, 2023
      • Discretionary RAUM · $2.0B to $2.7B
        Mar 23, 2021 to Mar 8, 2022
      • RAUM · $2.0B to $2.7B
        Mar 23, 2021 to Mar 8, 2022
      • Discretionary RAUM · $1.5B to $2.0B
        Mar 26, 2020 to Mar 23, 2021
      • RAUM · $1.5B to $2.0B
        Mar 26, 2020 to Mar 23, 2021
      • Related adviser · false to true
        Mar 26, 2020 to Mar 23, 2021
      • Advisory activities · 1 to 3
        Dec 13, 2019 to Mar 26, 2020
      • BD registered reps · 4 to 5
        Dec 13, 2019 to Mar 26, 2020
      • Employees · 10 to 8
        Dec 13, 2019 to Mar 26, 2020
      • Discretionary RAUM · $1.4B to $1.5B
        Dec 13, 2019 to Mar 26, 2020
      • RAUM · $1.4B to $1.5B
        Dec 13, 2019 to Mar 26, 2020
      • Discretionary RAUM · $1.3B to $1.4B
        Mar 28, 2019 to Dec 13, 2019
      • RAUM · $1.3B to $1.4B
        Mar 28, 2019 to Dec 13, 2019
      • Employees · 7 to 10
        Mar 16, 2018 to Mar 28, 2019
      • Discretionary RAUM · $1.7B to $1.3B
        Mar 16, 2018 to Mar 28, 2019
      • RAUM · $1.7B to $1.3B
        Mar 16, 2018 to Mar 28, 2019
      • Advisory employees · 5 to 7
        Sep 22, 2017 to Mar 16, 2018
      • BD registered reps · 3 to 4
        Sep 22, 2017 to Mar 16, 2018
      • Charity clients · unset to 0.0
        Sep 22, 2017 to Mar 16, 2018
      • Corporate clients · unset to 0.0
        Sep 22, 2017 to Mar 16, 2018
      • HNW clients · unset to 0.0
        Sep 22, 2017 to Mar 16, 2018
      • Individual clients · unset to 0.0
        Sep 22, 2017 to Mar 16, 2018
      • Pension plan clients · unset to 0.0
        Sep 22, 2017 to Mar 16, 2018
      • Pooled vehicle clients · unset to 0.0
        Sep 22, 2017 to Mar 16, 2018
      • Employees · 5 to 7
        Sep 22, 2017 to Mar 16, 2018
      • State-registered IARs · 3 to 0
        Sep 22, 2017 to Mar 16, 2018
      • Other offices · unset to 0.0
        Sep 22, 2017 to Mar 16, 2018
      • Discretionary RAUM · $2.3B to $1.7B
        Sep 22, 2017 to Mar 16, 2018
      • HNW RAUM · unset to 0.0
        Sep 22, 2017 to Mar 16, 2018
      • Individual RAUM · unset to 0.0
        Sep 22, 2017 to Mar 16, 2018
      Signals
      5 dated events
      • Locorr Fund Management, Llc reported RAUM $3.0B, down 33% from $4.4B (2023-03-16 to 2024-03-11)
        Mar 11, 2024 · RAUM change · derived
      • Locorr Fund Management, Llc reported RAUM $4.4B, up 65% from $2.7B (2023-01-22 to 2023-03-16)
        Mar 16, 2023 · RAUM change · derived
      • Locorr Fund Management, Llc reported RAUM $2.7B, up 36% from $2.0B (2021-03-23 to 2022-03-08)
        Mar 8, 2022 · RAUM change · derived
      • Locorr Fund Management, Llc reported RAUM $2.0B, up 36% from $1.5B (2020-03-26 to 2021-03-23)
        Mar 23, 2021 · RAUM change · derived
      • William Jason Roeske (Cco) no longer on Schedule A of Locorr Fund Management, Llc (listed 2019-03-28, absent 2019-12-13)
        Dec 13, 2019 · Control person left · inference
      Across DFX
      shared identifiers only, never a name match
      No identifier-backed link to the venture, private equity, family office or sponsor graphs.
      How to reach
      public business contact points only, each with its source
      Firm profile
      linkedin.com/company/locorr-fundsreportedpublic record, Form ADV, Sep 18, 2026
      Website
      LOCORRFUNDS.COMreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      952-767-6900reportedpublic record, Form ADV, Feb 26, 2026
      Provenance
      Form ADV
      SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
      Advisors
      IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
      Class
      Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
      RAUM per advisor
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026