724 Asset Management, Llc
- Regulatory AUM
- $213M
- Discretionary
- $213M
- Clients
- 1
- Avg AUM / client
- $213M
- Accounts
- 1,435
- Employees
- 2
AUM over time
Annual snapshots from Form ADV filings · as of Mar 19, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Other investment advisers | 1 | $213M | 100.0% |
People (3)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Dearman, Robert, Harold | Chief Compliance Officer | Aug 2018 (8y) | 25% – 50% | |
| Michael Ray Childs | Owner | Feb 2023 (4y) | ≈ 4.69% – 25% via Childs Investment Group, Inc | |
| Sorenson, Merlin, Wayne | Owner | Feb 2023 (4y) | ≈ 9.38% – 37.5% via Ccdml Ventures Group, Llc |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| 724 Holdings, Llc | Holding Company | Sep 2021 | A | 75% or more |
| Dcg Insight, Llc | Holding Company | Sep 2021 | B | ≈ 18.75% – 50% via 724 Holdings, Llc |
| Childs Investment Group, Inc | Owner | Feb 2023 | B | ≈ 18.75% – 50% via 724 Holdings, Llc |
| Ccdml Ventures Group, Llc | Owner | Feb 2023 | B | ≈ 18.75% – 50% via 724 Holdings, Llc |
Estimated effective ownership (look-through of filed bands):
- Michael Ray Childs: 25% – 50% of Childs Investment Group, Inc × 25% – 50% of 724 Holdings, Llc × 75% – 100% direct ≈ 4.69% – 25% of the firm
- Sorenson, Merlin, Wayne: 50% – 75% of Ccdml Ventures Group, Llc × 25% – 50% of 724 Holdings, Llc × 75% – 100% direct ≈ 9.38% – 37.5% of the firm
- Dcg Insight, Llc: 25% – 50% of 724 Holdings, Llc × 75% – 100% direct ≈ 18.75% – 50% of the firm
- Childs Investment Group, Inc: 25% – 50% of 724 Holdings, Llc × 75% – 100% direct ≈ 18.75% – 50% of the firm
- Ccdml Ventures Group, Llc: 25% – 50% of 724 Holdings, Llc × 75% – 100% direct ≈ 18.75% – 50% 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.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/19/2026 | 1.03 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
Services
- • Portfolio management for businesses/institutional clients
- • Selection of other advisers
Custody
Reported custodians
- Fidelity Brokerage Services $213M (100% 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 19, 2026.
View current Form ADV (SEC/IAPD) ↗