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HENNESSY ADVISORS, INC.
CRD 110770File 801-36288
APPROVED
Filing as of Nov 14, 2025
Feed vintage Oct 1, 2026
Regulatory AUM
$4.25B
Top 25% of cohort (national)
Discretionary AUM
$4.25B
Clients
17
17 accounts
Employees
19
Top 25% of cohort in CA
Identity & registration
ADV Item 1- Organization form
- Corporation
- Firm type
- Registered
- SEC region
- SFRO
- Registration date
- Apr 2, 1990
- Principal office
- 7250 REDWOOD BOULEVARD, SUITE 200, NOVATO, CA, 94945
- Phone
- 415-899-1555
- Website
- https://www.hennessyetfs.com
Assets & accounts
ADV Item 5F- Total regulatory AUM
- $4.25B
- Discretionary AUM
- $4.25B
- Non-discretionary AUM
- $0
- Discretionary accounts
- 17
- Non-discretionary accounts
- 0
- Total accounts
- 17
- AUM per client
- $250.1M
Clients by type
ADV Item 5D| Client type | Clients | AUM |
|---|---|---|
| Investment companies | 17 | $4.25B |
Compensation & activities
ADV Items 5E, 5GCompensation
- A percentage of assets under your management
Advisory activities
- Portfolio management for investment companies
Custody
ADV Item 9- Firm Custody Cash
- No
- Firm Custody Assets
- No
- Firm Custody Clients
- No
- Firm Custody Securities
- No
- Related Person Custody Cash
- No
- Related Person Custody Assets
- No
- Related Person Custody Clients
- No
- Related Person Custody Securities
- No
Disclosure events
ADV Item 11This firm answered no to every Item 11 disclosure question in this filing.
Filed changes
| Date | Field | From | To | Change |
|---|---|---|---|---|
| Dec 1, 2025 vs May 1, 2025 | Employees | 18 | 19 | increased by1 |
| Dec 1, 2025 vs May 1, 2025 | AUM | $5,149,278,896 | $4,252,155,951 | decreased by$897,122,945 |
| May 1, 2025 vs Oct 1, 2022 | Employees | 19 | 18 | decreased by1 |
| May 1, 2025 vs Oct 1, 2022 | Clients | 16 | 17 | increased by1 |
| May 1, 2025 vs Oct 1, 2022 | AUM | $4,097,449,969 | $5,149,278,896 | increased by$1,051,828,927 |
| May 1, 2025 vs Oct 1, 2022 | Accounts | 16 | 17 | increased by1 |
| Jan 1, 2022 | Employees | 22 | 19 | decreased by3 |
| Jan 1, 2022 | AUM | $3,561,884,917 | $4,097,449,969 | increased by$535,565,052 |
| Apr 1, 2021 | Registration | — | APPROVED |
On Form 5500, an adviser usually appears as a plan service provider (Schedule C), not the plan sponsor.
See plans that list “HENNESSY ADVISORS” as a service provider on 5500mcp →Matched by name only — Form ADV and Form 5500 share no identifier, and names are searched loosely (“HENNESSY ADVISORS” may also match similarly-named firms). Confirm identity against each filing.
Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.