Covestor Ltd
- Regulatory AUM
- $196M
- Discretionary
- $196M
- Clients
- 3,467
- Avg AUM / client
- $56.5K
- Accounts
- 3,555
- Employees
- 17
AUM over time
Annual snapshots from Form ADV filings · as of Mar 24, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 3,367 | $24.8M | 12.7% |
| High net worth individuals | 65 | $125M | 63.6% |
| Pooled investment vehicles (non-investment companies) | 1 | $45.7M | 23.3% |
| Corporations and other businesses | 34 | $662K | 0.34% |
Private funds (1)
Reported in Form ADV Section 7.B.(1), filing of Feb 2024 · $36.8M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Interactive Advisors Multi Manager Onshore Fund, Lp feeder | Hedge Fund | Delaware | $36.8M | 1 |
People (5)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Shah, Bimal, Harivallabh | Chief Technology Officer | Sep 2008 (18y) | Less than 5% | |
| Sanjoy Ghosh | Chief Investment Officer | May 2013 (13y) | Less than 5% | |
| Ignat, Ana Maria | General Counsel & Chief Compliance Officer | Nov 2015 (11y) | Less than 5% | |
| John Raymond Dahlstrom | Registered representative | Nov 2015 (11y) | ||
| Jennifer Mitton | Registered representative | Aug 2020 (6y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Covestor, Inc. | Owner | Mar 2008 | A | 75% or more |
| Interactive Brokers Group | Shareholder | Apr 2015 | B | ≈ 56.25% – 100% via Covestor, Inc. |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Interactive Brokers Group: 75% – 100% of Covestor, Inc. × 75% – 100% direct ≈ 56.25% – 100% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (1, $36.8M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Interactive Advisors Multi Manager Onshore Fund, Lp | Hedge Fund | $36.8M | $100K | 1 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/24/2026 | 1.31 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for pooled investment vehicles
Custody
Reported custodians
- Interactive Brokers $150M (77% of AUM) Mar 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 24, 2026.
View current Form ADV (SEC/IAPD) ↗