Data / Investment advisers / California / Breakthrough Properties
Breakthrough Properties, Los Angeles, CA: $2.7 billion AUM, SEC registered investment adviser
Breakthrough Properties is an SEC registered investment adviser with its main office in Los Angeles, California and reports $2.7 billion in regulatory assets under management in its Form ADV filed March 31, 2026. Its clients include pooled investment vehicles. It is paid through a percentage of assets under management, performance based fees and other fees. It advises 12 private funds.
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- Registration
- SEC registered investment adviser
- CRD number
- 309668
- SEC file number
- 801-119412
- SEC status
- Approved, effective September 4, 2020
- Legal name
- Breakthrough Services, L.L.C.
- Main office
- 10100 Santa Monica Blvd Floor 15, Los Angeles, CA 90067
- Phone
- (213) 290-3996
- Website
- btprop.com
- Regulatory AUM
- $2,692,663,456 in the Form ADV filed March 31, 2026
- Discretionary AUM
- $2,692,663,456
- Accounts
- 12
- Employees
- 94, of which 21 give investment advice
- Form of organization
- Limited Liability Company
- Paid through
- a percentage of assets under management, performance based fees, other fees
- Private funds
- 12: 12 real estate funds
- Gross assets of private funds
- $2,032,801,908
- Other offices
- 5
- Form ADV Item 11 disclosures
- None reported
- Latest Form ADV filing
- March 31, 2026
- SEC record
- Investment Adviser Public Disclosure
Clients
Client types the adviser reports in Form ADV item 5.D, with the AUM it attributes to each.
| Client type | Clients | AUM |
|---|---|---|
| Pooled investment vehicles | 12 | $2.69 billion |
AUM in the SEC's monthly files
Each change in the AUM the adviser reported across the monthly SEC files held here, with the first file that shows the new value.
| First in the file of | AUM | Form ADV filed |
|---|---|---|
| April 1, 2026 | $2.69 billion | March 31, 2026 |
| December 1, 2025 | $2.55 billion | April 30, 2025 |
Other advisers in Los Angeles
| Adviser | City | AUM | Private funds | Source |
|---|---|---|---|---|
| Focused Investors LLC | Los Angeles | $3.29 billion | 1 | adviserinfo.sec.gov |
| American Realty Advisors | Los Angeles | $3.24 billion | 2 | adviserinfo.sec.gov |
| Vance Street Capital LLC | Los Angeles | $3.22 billion | 10 | adviserinfo.sec.gov |
| RRG Capital Management LLC | Los Angeles | $2.89 billion | 12 | adviserinfo.sec.gov |
| TCW PT Management Company LLC | Los Angeles | $2.70 billion | 2 | adviserinfo.sec.gov |
| CIM Capital, LLC | Los Angeles | $2.68 billion | 7 | adviserinfo.sec.gov |
| Howard Capital Management Group, LLC | Los Angeles | $2.56 billion | Not listed | adviserinfo.sec.gov |
| Ssi Investment Management LLC | Los Angeles | $2.55 billion | Not listed | adviserinfo.sec.gov |
Also on SpecStream
- Investment advisers in Los Angeles, CA
- Investment advisers in California
- Advisers with $1 billion to $10 billion in AUM
- Advisers serving pooled investment vehicles
- Advisers that manage private funds
- Breakthrough Properties on the SEC's adviser search
Updated November 7, 2026. Read from the SEC's Form ADV data files for investment advisers. Public data published by the US Securities and Exchange Commission (US government work). Advisers report these values themselves in Form ADV, and neither the SEC nor the states approve or guarantee them. AUM is regulatory assets under management as the adviser reported it in Form ADV item 5.F, which can differ from the AUM a firm quotes elsewhere. Exempt reporting advisers do not report AUM. Office address, phone and website are the adviser's main office as filed; a firm that files its main office as a private residence shows no street address or phone. An Item 11 disclosure is a reported event, not a finding about the firm today. Details for each firm are on the SEC's Investment Adviser Public Disclosure site. This page uses SEC data and is not endorsed or certified by the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.