485BPOS

Filed with the Securities and Exchange Commission on April 10, 2014

1933 Act Registration File No. 333-108394

1940 Act File No. 811-21422

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

FORM N-1A

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933	x
Pre-Effective Amendment No.	¨
Post-Effective Amendment No.   24	x
and
REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940	x
Amendment No.    25	x

(Check appropriate box or boxes.)

Trust for Advised Portfolios

(Exact Name of Registrant as Specified in Charter)

615 East Michigan Street

Milwaukee, Wisconsin 53202

(Address of Principal Executive Offices) (Zip Code)

(Registrant’s Telephone Numbers, Including Area Code) (414) 765-6609

Christopher E. Kashmerick, President

Trust for Advised Portfolios

c/o U.S. Bancorp Fund Services, LLC

777 East Wisconsin Avenue, 10th Floor

Milwaukee, Wisconsin 53202

(Name and Address of Agent for Service)

Copies to:

Christopher Menconi, Esquire

Bingham McCutchen LLP

2020 K Street NW

Washington, D.C. 20006-1806

It is proposed that this filing will become effective

ý	immediately upon filing pursuant to paragraph (b)
o	on  pursuant to paragraph (b)
o	60 days after filing pursuant to paragraph (a)(1)
o	on  pursuant to paragraph (a)(1)
o	75 days after filing pursuant to paragraph (a)(2)
o	on  pursuant to paragraph (a)(2) of Rule 485.

If appropriate, check the following box

[  ] this post-effective amendment designates a new effective date for a previously filed post-effective amendment.

Explanatory Note: This Post-Effective Amendment (“PEA”) No. 24 to the Trust for Advised Portfolios (the “Trust”) Registration Statement on Form N-1A hereby incorporates Parts A, B and C from the Trust’s PEA No. 22 on Form N-1A filed March 28, 2014.  This PEA No. 24 is filed for the sole purpose of submitting the XBRL exhibits for the risk return summary first provided in PEA No. 22 to the Trust’s Registration Statement for its series:  AMI Large Cap Growth Fund.

SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, as amended (the “Securities Act”) and the Investment Company Act of 1940, as amended, the Registrant certifies that this Post-Effective Amendment No. 24 meets all of the requirements for effectiveness under Rule 485(b) and the Registrant has duly caused this Post-Effective Amendment No. 24 to its Registration Statement on Form N-1A to be signed on its behalf by the undersigned, duly authorized, in the City of Milwaukee and State of Wisconsin, on the 10th day of April, 2014.

Trust for Advised Portfolios

By: /s/ Christopher E. Kashmerick

Christopher E. Kashmerick

President and Principal Executive Officer

Pursuant to the requirements of the Securities Act, this Post-Effective Amendment No. 24 to its Registration Statement has been signed below by the following persons in the capacities and on the dates indicated.

Signature	Title	Date
/s/ John Chrystal*	Trustee	April 10, 2014
John Chrystal
/s/ Albert J. DiUlio, S.J.*	Trustee	April 10, 2014
Albert J. DiUlio, S.J.
/s/ David S. Krause*	Trustee	April 10, 2014
David S. Krause
/s/ Harry E. Resis*	Trustee	April 10, 2014
Harry E. Resis
/s/ Ian Martin*	Trustee	April 10, 2014
Ian A. Martin
/s/ Christopher E. Kashmerick	President and Principal Executive Officer	April 10, 2014
Christopher E. Kashmerick
/s/ Russell B. Simon	Treasurer and Principal Financial Officer	April 10, 2014
Russell B. Simon
*By: /s/ Christopher E. Kashmerick		April 10, 2014
Christopher E. Kashmerick Attorney-In Fact pursuant to Power of Attorney

EXHIBIT LIST

Exhibit	Exhibit No.
Instance Document	EX-101.INS
Schema Document	EX-101.SCH
Calculation Linkbase Document	EX-101.CAL
Definition Linkbase Document	EX-101.DEF
Label Linkbase Document	EX-101.LAB
Presentation Linkbase Document	EX-101.PRE

XML

AMI Large Cap Growth Fund

AMI Large Cap Growth Fund

Investment Objective

The AMI Large Cap Growth Fund (the “Fund”) seeks to provide long-term capital appreciation with reduced volatility.

Fees and Expenses of the Fund

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

SHAREHOLDER FEES (fees paid directly from your investment)

Shareholder Fees (USD $)	AMI Large Cap Growth Fund Institutional Class
SHAREHOLDER FEES (fees paid directly from your investment)	none

ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)

Annual Fund Operating Expenses		AMI Large Cap Growth Fund Institutional Class
Management Fees		0.74%
Distribution and Service (Rule 12b-1) Fees		none
Other Expenses	[1]	0.88%
Total Annual Fund Operating Expenses		1.62%
Less: Fee Waiver and/or Expense Reimbursement	[2]	(0.73%)
Net Annual Fund Operating Expenses		0.89%

Example

This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.  The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods.  The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same (taking into account the Expense Cap in the first year)

Although your actual costs may be higher or lower, based on these assumptions, your costs would be:

Expense Example (USD $)	1 Year	3 Years
AMI Large Cap Growth Fund Institutional Class	91	440

Portfolio Turnover

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio).  A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account.  These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance.  As the Fund is new, it does not have any portfolio turnover as of the date of this Prospectus.

Principal Investment Strategies of the Fund

Under normal market conditions, the Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of large capitalization (“large cap”) companies.  The Fund defines large cap companies as those companies represented by the Russell 1000® Index.  As of May 31, 2013, the most recent reconstitution, companies in the Russell 1000® Index have market capitalizations ranging from $1.8 billion to $422.1 billion. 

Equity securities in which the Fund invests as a principal strategy consist primarily of common stocks of U.S. companies.  The Fund may invest up to 5% of its net assets in foreign securities through American Depositary Receipts (“ADRs”).  The Fund may from time to time emphasize investment in certain sectors of the market.

The Adviser utilizes a bottom-up approach to selecting equity securities that it believes will offer growth in most environments and looks for companies with consistent recurring revenue, good growth prospects, strong cash flow, good balance sheets and a more predictable business model.  The Adviser believes that in order to generate superior long term returns, a strategy must not only strive to perform well in bull markets, but also maintain capital in bear markets.  The Fund looks to keep pace with the market during bull cycles with the goal of capturing the majority of the market appreciation.  In bear cycles, the strategy looks to maintain capital to a much higher degree than its peers in the large cap growth space.  Although this philosophy may lead to extended periods of underperforming the benchmark, the Russell 1000® Growth Index, the process has led to outperformance over multiple market cycles and has generated one of the strongest upside/downside capture ratios over time as compared to other managers in the asset class.  An upside/downside capture ratio shows whether a given fund has outperformed, gained more or lost less than, a broad market benchmark during periods of market strength and weakness, and if so, by how much. The Adviser looks to achieve this goal by utilizing a unique form of a growth at a reasonable price (“GARP”) strategy, which focuses on investing in companies with recurring revenue business models.  The Adviser defines recurring revenue business models as those with products that have a short life span (i.e., less than 2 years) and thus must be replaced frequently.  The Adviser believes that a recurring revenue business model allows a company to grow at a more predictable and sustainable growth rate while reducing volatility in earnings.

Sell decisions are most often triggered by deteriorating fundamentals and generally result in a sale of the entire position.  These deteriorations can include factors such as worsening industry or regulatory conditions, weakening competitive positions, structural margin changes, and balance sheet erosion, among many other factors.  The Adviser will allow “winners” to appreciate but typically begin to trim holdings when they exceed 15% of our estimate of intrinsic value.  The Adviser will continue to hold smaller positions in securities that are performing poorly if the growth story and fundamentals remain intact.  Sell decisions are also triggered if the Adviser deems that the security will cause the portfolio to be too heavily weighted towards a certain sector, the security will represent too large a percentage of the portfolio, or a possible replacement security becomes more attractive.  Given that the intrinsic value of a successfully growing company will continuously rise, the Adviser does not sell holdings when they reach a pre-determined price target or time horizon.  The Adviser does not utilize stops and will add to positions of depreciated securities, provided the long term outlook remains intact.

Principal Risks of Investing in the Fund

Losing all or a portion of your investment is a risk of investing in the Fund.  The following additional risks could affect the value of your investment:

·   Management Risk: The Fund is subject to management risk because it is an actively managed portfolio.  The Adviser’s management practices and investment strategies might not work to produce the desired results.

·   Market Risk:  The prices of the securities in which the Fund invests may decline for a number of reasons including in response to economic developments and perceptions about the creditworthiness of individual issuers.

·   Growth Stock Risk.   The risk that growth style companies lose value or move out of favor.  Growth style companies also may be more sensitive to changes in current or expected earnings than the prices of other stocks.

·   Large Cap Companies Risk: Larger, more established companies may be unable to respond quickly to new competitive challenges like changes in consumer tastes or innovative smaller competitors.  Also, large-cap companies are sometimes unable to attain the high growth rates of successful, smaller companies, especially during extended periods of economic expansion.

·   ADR Risk:  The performance of foreign securities depends on the political, social, and economic environments and other overall economic conditions.  The Fund may invest its assets in securities of foreign issuers in the form of ADRs, which are U.S. traded securities representing securities of foreign issuers.  A purchaser of unsponsored depositary receipts may not have unlimited voting rights and may not receive as much information about the issuer of the underlying securities as with a sponsored depositary receipt.

·   Sector Emphasis Risk.  To the extent the Fund invests a significant portion of its assets in the securities of companies in the same sector of the market, the Fund is more susceptible to economic, political, regulatory and other occurrences influencing those sectors.

·   Portfolio Turnover Risk.  A high portfolio turnover rate (100% or more) has the potential to result in the realization and distribution to shareholders of capital gains, which are taxable when distributed to shareholders.  High portfolio turnover also necessarily results in greater transaction costs which may reduce Fund performance.

·   New Fund Risk.  The Fund is new with no operating history and there can be no assurance that the Fund will grow to or maintain an economically viable size, in which case the Board may determine to liquidate the Fund. The Adviser has not previously managed a mutual fund.

Performance

When the Fund has been in operation for a full calendar year, performance information will be shown here. Updated performance information is available on the Fund’s website at www.amiassetmanagement.com/mutualfund or by calling the Fund toll-free at 844-AMI-FUND (844-264-3863).

[1] Other Expenses are based on estimated amounts for the current fiscal year.

[2] AMI Asset Management Corp. (the "Adviser") has contractually agreed to waive all or a portion of its management fees and pay expenses of the Fund to ensure that Net Annual Fund Operating Expenses (excluding acquired fund fees and expenses ("AFFE"), interest, taxes and extraordinary expenses) do not exceed 0.89% of average daily net assets of the Fund (the "Expense Cap"). The Expense Cap will remain in effect through at least June 27, 2015, and may be terminated only by the Trust's Board of Trustees (the "Board"). The Adviser may request recoupment of previously waived fees and paid expenses from the Fund for three years from the date they were waived or paid, subject to the Expense Cap.

XML

Label

Element

Value

Risk/Return:

rr_RiskReturnAbstract

Risk/Return [Heading]

rr_RiskReturnHeading

AMI Large Cap Growth Fund

Objective [Heading]

rr_ObjectiveHeading

Investment Objective

Objective, Primary [Text Block]

rr_ObjectivePrimaryTextBlock

The AMI Large Cap Growth Fund (the “Fund”) seeks to provide long-term capital appreciation with reduced volatility.

Expense [Heading]

rr_ExpenseHeading

Fees and Expenses of the Fund

Expense Narrative [Text Block]

rr_ExpenseNarrativeTextBlock

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

Shareholder Fees Caption [Text]

rr_ShareholderFeesCaption

SHAREHOLDER FEES (fees paid directly from your investment)

Operating Expenses Caption [Text]

rr_OperatingExpensesCaption

ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)

Fee Waiver or Reimbursement over Assets, Date of Termination

rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination

2015-06-27

Portfolio Turnover [Heading]

rr_PortfolioTurnoverHeading

Portfolio Turnover

Portfolio Turnover [Text Block]

rr_PortfolioTurnoverTextBlock

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio).  A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account.  These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance.  As the Fund is new, it does not have any portfolio turnover as of the date of this Prospectus.

Other Expenses, New Fund, Based on Estimates [Text]

rr_OtherExpensesNewFundBasedOnEstimates

Other Expenses are based on estimated amounts for the current fiscal year.

Expense Example [Heading]

rr_ExpenseExampleHeading

Example

Expense Example Narrative [Text Block]

rr_ExpenseExampleNarrativeTextBlock

This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.  The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods.  The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same (taking into account the Expense Cap in the first year)

Expense Example by, Year, Caption [Text]

rr_ExpenseExampleByYearCaption

Although your actual costs may be higher or lower, based on these assumptions, your costs would be:

Strategy [Heading]

rr_StrategyHeading

Principal Investment Strategies of the Fund

Strategy Narrative [Text Block]

rr_StrategyNarrativeTextBlock

Under normal market conditions, the Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of large capitalization (“large cap”) companies.  The Fund defines large cap companies as those companies represented by the Russell 1000® Index.  As of May 31, 2013, the most recent reconstitution, companies in the Russell 1000® Index have market capitalizations ranging from $1.8 billion to $422.1 billion. 

Equity securities in which the Fund invests as a principal strategy consist primarily of common stocks of U.S. companies.  The Fund may invest up to 5% of its net assets in foreign securities through American Depositary Receipts (“ADRs”).  The Fund may from time to time emphasize investment in certain sectors of the market.

The Adviser utilizes a bottom-up approach to selecting equity securities that it believes will offer growth in most environments and looks for companies with consistent recurring revenue, good growth prospects, strong cash flow, good balance sheets and a more predictable business model.  The Adviser believes that in order to generate superior long term returns, a strategy must not only strive to perform well in bull markets, but also maintain capital in bear markets.  The Fund looks to keep pace with the market during bull cycles with the goal of capturing the majority of the market appreciation.  In bear cycles, the strategy looks to maintain capital to a much higher degree than its peers in the large cap growth space.  Although this philosophy may lead to extended periods of underperforming the benchmark, the Russell 1000® Growth Index, the process has led to outperformance over multiple market cycles and has generated one of the strongest upside/downside capture ratios over time as compared to other managers in the asset class.  An upside/downside capture ratio shows whether a given fund has outperformed, gained more or lost less than, a broad market benchmark during periods of market strength and weakness, and if so, by how much. The Adviser looks to achieve this goal by utilizing a unique form of a growth at a reasonable price (“GARP”) strategy, which focuses on investing in companies with recurring revenue business models.  The Adviser defines recurring revenue business models as those with products that have a short life span (i.e., less than 2 years) and thus must be replaced frequently.  The Adviser believes that a recurring revenue business model allows a company to grow at a more predictable and sustainable growth rate while reducing volatility in earnings.

Sell decisions are most often triggered by deteriorating fundamentals and generally result in a sale of the entire position.  These deteriorations can include factors such as worsening industry or regulatory conditions, weakening competitive positions, structural margin changes, and balance sheet erosion, among many other factors.  The Adviser will allow “winners” to appreciate but typically begin to trim holdings when they exceed 15% of our estimate of intrinsic value.  The Adviser will continue to hold smaller positions in securities that are performing poorly if the growth story and fundamentals remain intact.  Sell decisions are also triggered if the Adviser deems that the security will cause the portfolio to be too heavily weighted towards a certain sector, the security will represent too large a percentage of the portfolio, or a possible replacement security becomes more attractive.  Given that the intrinsic value of a successfully growing company will continuously rise, the Adviser does not sell holdings when they reach a pre-determined price target or time horizon.  The Adviser does not utilize stops and will add to positions of depreciated securities, provided the long term outlook remains intact.

Risk [Heading]

rr_RiskHeading

Principal Risks of Investing in the Fund

Risk Narrative [Text Block]

rr_RiskNarrativeTextBlock

Losing all or a portion of your investment is a risk of investing in the Fund.  The following additional risks could affect the value of your investment:

·   Management Risk: The Fund is subject to management risk because it is an actively managed portfolio.  The Adviser’s management practices and investment strategies might not work to produce the desired results.

·   Market Risk:  The prices of the securities in which the Fund invests may decline for a number of reasons including in response to economic developments and perceptions about the creditworthiness of individual issuers.

·   Growth Stock Risk.   The risk that growth style companies lose value or move out of favor.  Growth style companies also may be more sensitive to changes in current or expected earnings than the prices of other stocks.

·   Large Cap Companies Risk: Larger, more established companies may be unable to respond quickly to new competitive challenges like changes in consumer tastes or innovative smaller competitors.  Also, large-cap companies are sometimes unable to attain the high growth rates of successful, smaller companies, especially during extended periods of economic expansion.

·   ADR Risk:  The performance of foreign securities depends on the political, social, and economic environments and other overall economic conditions.  The Fund may invest its assets in securities of foreign issuers in the form of ADRs, which are U.S. traded securities representing securities of foreign issuers.  A purchaser of unsponsored depositary receipts may not have unlimited voting rights and may not receive as much information about the issuer of the underlying securities as with a sponsored depositary receipt.

·   Sector Emphasis Risk.  To the extent the Fund invests a significant portion of its assets in the securities of companies in the same sector of the market, the Fund is more susceptible to economic, political, regulatory and other occurrences influencing those sectors.

·   Portfolio Turnover Risk.  A high portfolio turnover rate (100% or more) has the potential to result in the realization and distribution to shareholders of capital gains, which are taxable when distributed to shareholders.  High portfolio turnover also necessarily results in greater transaction costs which may reduce Fund performance.

·   New Fund Risk.  The Fund is new with no operating history and there can be no assurance that the Fund will grow to or maintain an economically viable size, in which case the Board may determine to liquidate the Fund. The Adviser has not previously managed a mutual fund.

Risk Lose Money [Text]

rr_RiskLoseMoney

Losing all or a portion of your investment is a risk of investing in the Fund.

Bar Chart and Performance Table [Heading]

rr_BarChartAndPerformanceTableHeading

Performance

Performance Narrative [Text Block]

rr_PerformanceNarrativeTextBlock

When the Fund has been in operation for a full calendar year, performance information will be shown here. Updated performance information is available on the Fund’s website at www.amiassetmanagement.com/mutualfund or by calling the Fund toll-free at 844-AMI-FUND (844-264-3863).

Performance One Year or Less [Text]

rr_PerformanceOneYearOrLess

When the Fund has been in operation for a full calendar year, performance information will be shown here.

Performance Availability Phone [Text]

rr_PerformanceAvailabilityPhone

844-264-3863

Performance Availability Website Address [Text]

rr_PerformanceAvailabilityWebSiteAddress

www.amiassetmanagement.com/mutualfund

Institutional Class

Risk/Return:

rr_RiskReturnAbstract

SHAREHOLDER FEES (fees paid directly from your investment)

rr_ShareholderFeeOther

none

Management Fees

rr_ManagementFeesOverAssets

0.74%

Distribution and Service (Rule 12b-1) Fees

rr_DistributionAndService12b1FeesOverAssets

none

Other Expenses

rr_OtherExpensesOverAssets

0.88%

^[1]

Total Annual Fund Operating Expenses

rr_ExpensesOverAssets

1.62%

Less: Fee Waiver and/or Expense Reimbursement

rr_FeeWaiverOrReimbursementOverAssets

(0.73%)

^[2]

Net Annual Fund Operating Expenses

rr_NetExpensesOverAssets

0.89%

Expense Example, with Redemption, 1 Year

rr_ExpenseExampleYear01

91

Expense Example, with Redemption, 3 Years

rr_ExpenseExampleYear03

$ 440

[1] Other Expenses are based on estimated amounts for the current fiscal year.

[2] AMI Asset Management Corp. (the "Adviser") has contractually agreed to waive all or a portion of its management fees and pay expenses of the Fund to ensure that Net Annual Fund Operating Expenses (excluding acquired fund fees and expenses ("AFFE"), interest, taxes and extraordinary expenses) do not exceed 0.89% of average daily net assets of the Fund (the "Expense Cap"). The Expense Cap will remain in effect through at least June 27, 2015, and may be terminated only by the Trust's Board of Trustees (the "Board"). The Adviser may request recoupment of previously waived fees and paid expenses from the Fund for three years from the date they were waived or paid, subject to the Expense Cap.

XML

Label	Element	Value
Risk/Return:	rr_RiskReturnAbstract
Prospectus Date	rr_ProspectusDate	Mar. 31, 2014

XML

Document and Entity Information	0 Months Ended
	Mar. 28, 2014
Risk/Return:
Document Type	485BPOS
Document Period End Date	Mar. 28, 2014
Registrant Name	Trust for Advised Portfolios
Central Index Key	0001261788
Amendment Flag	false
Document Creation Date	Mar. 28, 2014
Document Effective Date	Mar. 30, 2014
Prospectus Date	Mar. 31, 2014
AMI Large Cap Growth Fund | Institutional Class
Risk/Return:
Trading Symbol	AMILX

COVER

Trust for Advised Portfolios

c/o U.S. Bancorp Fund Services, LLC

615 East Michigan Street

Milwaukee, Wisconsin 53202

April 10, 2014

VIA EDGAR TRANSMISSION

U.S. Securities and Exchange Commission

Division of Investment Management

100 F Street, N.E.

Washington, D.C.  20549

Re:  Trust for Advised Portfolios (the “Trust”) File Nos.: 333-108394 and 811-21422 AMI Large Cap Growth Fund (S000044714)

Ladies and Gentlemen:

Pursuant to Rule 485(b) of the Securities Act of 1933, as amended, (the “1933 Act”), the Investment Company Act of 1940, as amended (the “1940 Act”), and the regulations thereunder, transmitted herewith on behalf of the Trust and its series, AMI Large Cap Growth Fund, is Post-Effective Amendment (“PEA”) No. 24 under the 1933 Act and Amendment No. 25 under the 1940 Act to the Trust’s Registration Statement on Form N-1A.  This PEA No. 24 hereby incorporates Parts A, B and C from the Trust’s PEA No. 22 on Form N-1A filed March 28, 2014.  This PEA No. 24 is filed for the sole purpose of submitting the XBRL exhibit for the risk/return summary first provided in PEA No. 22 (Accession No.0000894189-14-001537) to the Trust’s Registration Statement.

If you have any questions concerning the foregoing, please contact the undersigned at (414) 765-6609.

Sincerely,

/s/ Jeanine M. Bajczyk                                           

Jeanine M. Bajczyk, Esq.

Secretary

Trust for Advised Portfolios

Enclosures