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        <clientTypes>Municipal Entities</clientTypes>
        <clientTypes>Non-profit organizations</clientTypes>
        <clientTypes>Corporations or other businesses</clientTypes>
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    <numberOfSolicitedME>0</numberOfSolicitedME>
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    <solicitationCompensationTypes>
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        <compensationTypes>Not Applicable</compensationTypes>
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    <engagedActivities>
      <engagedActivityTypes>
        <engagedActivityType>Advice Insurance Of MS</engagedActivityType>
        <engagedActivityType>Advice ME Investments</engagedActivityType>
        <engagedActivityType>Advice On Selection</engagedActivityType>
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          <isPrimaryBusiness>Y</isPrimaryBusiness>
        </activelyEngagedPrimaryBusiness>
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      <mactBuySellRecommendToClients>N</mactBuySellRecommendToClients>
      <mactEnterDerivativesWithClients>N</mactEnterDerivativesWithClients>
      <mactRecommendOwnedInterestToClients>N</mactRecommendOwnedInterestToClients>
      <mactRecommendToClientsServing>N</mactRecommendToClientsServing>
      <mactRecommendToClientsHavingOtherSalesInterest>N</mactRecommendToClientsHavingOtherSalesInterest>
      <mactDiscAuthBuySellAsMAA>N</mactDiscAuthBuySellAsMAA>
      <mactDiscAuthBuySell>N</mactDiscAuthBuySell>
      <mactDiscAuthDetermineBrokerDealer>N</mactDiscAuthDetermineBrokerDealer>
      <mactDiscAuthDetermineCommissionToBrokerDealer>N</mactDiscAuthDetermineCommissionToBrokerDealer>
      <mactRecommendBrokerDealerToClient>Y</mactRecommendBrokerDealerToClient>
      <mactRecommendBrokerDealerToClientAreAP>N</mactRecommendBrokerDealerToClientAreAP>
      <mactCompensateForReferrals>N</mactCompensateForReferrals>
      <mactReceiveCompensationForReferrals>N</mactReceiveCompensationForReferrals>
    </participationInterestMACT>
    <miscellaneous>With respect to Schedule A-2, the instructions appear to indicate that no information is required for owners who own less than 5%. No owner of Crowe LLP has a 5% or greater ownership.</miscellaneous>
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        <com:isChargedWithFelony>N</com:isChargedWithFelony>
        <com:isOrgConvictedOfFelony>N</com:isOrgConvictedOfFelony>
        <com:isOrgChargedWithFelony>N</com:isOrgChargedWithFelony>
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      <regulatoryDisclosure>
        <com:isMadeFalseStatement>N</com:isMadeFalseStatement>
        <com:isViolatedRegulation>Y</com:isViolatedRegulation>
        <com:isCauseOfDenial>N</com:isCauseOfDenial>
        <com:isOrderAgainst>N</com:isOrderAgainst>
        <com:isImposedPenalty>Y</com:isImposedPenalty>
        <com:isUnEthical>N</com:isUnEthical>
        <com:isFoundInViolationOfRegulation>N</com:isFoundInViolationOfRegulation>
        <com:isFoundInCauseOfDenial>N</com:isFoundInCauseOfDenial>
        <com:isOrderAgainstActivity>N</com:isOrderAgainstActivity>
        <com:isDeniedLicense>N</com:isDeniedLicense>
        <com:isFoundMadeFalseStatement>N</com:isFoundMadeFalseStatement>
        <com:isFoundInViolationOfRules>N</com:isFoundInViolationOfRules>
        <com:isFoundInCauseOfSuspension>N</com:isFoundInCauseOfSuspension>
        <com:isDiscipliend>N</com:isDiscipliend>
        <com:isAuthorizedToActAttorney>N</com:isAuthorizedToActAttorney>
        <com:isRegulatoryComplaint>N</com:isRegulatoryComplaint>
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      <civilDisclosure>
        <com:isEnjoined>N</com:isEnjoined>
        <com:isFoundInViolationOfRegulation>N</com:isFoundInViolationOfRegulation>
        <com:isDismissed>N</com:isDismissed>
        <com:isNamedInCivilProceeding>N</com:isNamedInCivilProceeding>
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    </disclosureAnswers>
    <hasAnnualReceiptsLessThan7Million>N</hasAnnualReceiptsLessThan7Million>
    <isAffiliatedWithReceiptsMoreThan7Million>N</isAffiliatedWithReceiptsMoreThan7Million>
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      <persons>
        <person>
          <name>
            <com:firstName>Stephen</com:firstName>
            <com:middleName>James</com:middleName>
            <com:lastName>Keeley</com:lastName>
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          <baseInformation>
            <titleStatus>Chief Legal Officer and Principal</titleStatus>
            <statusAcquired>10-01-2008</statusAcquired>
            <ownershipCode>NA</ownershipCode>
            <isControPerson>N</isControPerson>
            <crdNumber>000000000</crdNumber>
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        <person>
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            <com:firstName>John</com:firstName>
            <com:middleName>August</com:middleName>
            <com:lastName>Epperson</com:lastName>
          </name>
          <baseInformation>
            <titleStatus>Chief Risk Officer and General Partner</titleStatus>
            <statusAcquired>04-01-2024</statusAcquired>
            <ownershipCode>NA</ownershipCode>
            <isControPerson>N</isControPerson>
            <crdNumber>000000000</crdNumber>
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            <com:middleName>Marie Neff</com:middleName>
            <com:lastName>Steeno</com:lastName>
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          <baseInformation>
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            <statusAcquired>12-13-2023</statusAcquired>
            <ownershipCode>NA</ownershipCode>
            <isControPerson>Y</isControPerson>
            <crdNumber>000000000</crdNumber>
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        <person>
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            <com:middleName>Peter</com:middleName>
            <com:lastName>Strammello</com:lastName>
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          <baseInformation>
            <titleStatus>Chief Executive Officer and General Partner</titleStatus>
            <statusAcquired>01-01-2025</statusAcquired>
            <ownershipCode>NA</ownershipCode>
            <isControPerson>N</isControPerson>
            <crdNumber>000000000</crdNumber>
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        <person>
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            <com:middleName>John</com:middleName>
            <com:lastName>Giammalvo</com:lastName>
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          <baseInformation>
            <titleStatus>Chief Operating Officer and General Partner</titleStatus>
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            <ownershipCode>NA</ownershipCode>
            <isControPerson>N</isControPerson>
            <crdNumber>000000000</crdNumber>
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        <person>
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            <com:middleName>George</com:middleName>
            <com:lastName>Lux</com:lastName>
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            <ownershipCode>NA</ownershipCode>
            <isControPerson>N</isControPerson>
            <crdNumber>000000000</crdNumber>
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            <com:amend>Amend</com:amend>
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              <com:lastName>Keeley</com:lastName>
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              <ownershipCode>NA</ownershipCode>
              <isControPerson>N</isControPerson>
              <crdNumber>000000000</crdNumber>
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        <person>
          <type>
            <com:delete>Delete</com:delete>
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          <baseInformation>
            <name>
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              <com:middleName>August</com:middleName>
              <com:lastName>Epperson</com:lastName>
            </name>
            <baseInformation>
              <titleStatus>Chief Risk Officer and General Partner</titleStatus>
              <statusAcquired>04-01-2024</statusAcquired>
              <ownershipCode>NA</ownershipCode>
              <isControPerson>N</isControPerson>
              <crdNumber>000000000</crdNumber>
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          </baseInformation>
        </person>
        <person>
          <baseInformation>
            <name>
              <com:firstName>Angela</com:firstName>
              <com:middleName>Marie Neff</com:middleName>
              <com:lastName>Steeno</com:lastName>
            </name>
            <baseInformation>
              <titleStatus>Chief Compliance Officer and Principal</titleStatus>
              <statusAcquired>12-13-2023</statusAcquired>
              <ownershipCode>NA</ownershipCode>
              <isControPerson>Y</isControPerson>
              <crdNumber>000000000</crdNumber>
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        <person>
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            <baseInformation>
              <titleStatus>Chief Executive Officer and General Partner</titleStatus>
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              <ownershipCode>NA</ownershipCode>
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              <crdNumber>000000000</crdNumber>
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            <baseInformation>
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              <ownershipCode>NA</ownershipCode>
              <isControPerson>N</isControPerson>
              <crdNumber>000000000</crdNumber>
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          <baseInformation>
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              <com:lastName>Lux</com:lastName>
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            <baseInformation>
              <titleStatus>Chief Financial Officer and General Partner</titleStatus>
              <statusAcquired>06-01-2025</statusAcquired>
              <ownershipCode>NA</ownershipCode>
              <isControPerson>N</isControPerson>
              <crdNumber>000000000</crdNumber>
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          </baseInformation>
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    <drpInfo>
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              </ma:type>
              <ma:drpFor>
                <ma1:applicant/>
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            <ma:respondingTo>
              <ma:responseQuestion>9-C2</ma:responseQuestion>
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          <ma:applicantInfo>
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              <ma:detailedDisclosure>
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                  <ma:baseInformation>
                    <ma1:chargesBroughtIn>
                      <ma1:name>SEC Administrative Proceeding</ma1:name>
                      <ma1:docketOrCaseNo>File No. 3-18953</ma1:docketOrCaseNo>
                      <ma1:address>
                        <com1:street1>100 F Street NE</com1:street1>
                        <com1:city>Washington</com1:city>
                        <com1:stateOrCountry>DC</com1:stateOrCountry>
                        <com1:zipCode>20549</com1:zipCode>
                      </ma1:address>
                    </ma1:chargesBroughtIn>
                    <ma1:status>
                      <com2:final/>
                    </ma1:status>
                    <ma1:summary>On December 21, 2018, Crowe LLP and two partners consented to entry of an SEC Order resolving proceedings about the financial statement audit of Corporate Resource Services, Inc. for the year ended January 3, 2014.  Crowe LLP and the partners neither admitted nor denied the SEC's findings.  Crowe LLP agreed to a censure and cease and desist order, to undertake remedial efforts, and to pay $1.5 million.  The partners agreed to cease and desist orders, to pay fines of $25,000 and $15,000, and to accept denial of SEC practice rights for periods of three and one years, respectively, after which the partners may apply for reinstatement.  The Order acknowledges that Crowe LLP cooperated with the SEC and voluntarily undertook remedial efforts prior to the conclusion of the matter.  The two partners sanctioned were audit partners and were not in the municipal advisor practice.  The Order does not restrict Crowe's ability to perform professional services.</ma1:summary>
                  </ma:baseInformation>
                  <ma:dateInitiated>
                    <ma1:date>12-21-2018</ma1:date>
                    <ma1:exact/>
                  </ma:dateInitiated>
                  <ma:initiatedBy>
                    <ma1:initiator>
                      <ma1:sec/>
                    </ma1:initiator>
                  </ma:initiatedBy>
                  <ma:sanctionsSought>
                    <ma:sanction>Cease and Desist</ma:sanction>
                    <ma:sanction>Censure</ma:sanction>
                    <ma:sanction>CivilAdminPenaltyFine</ma:sanction>
                    <ma:sanction>Undertaking</ma:sanction>
                  </ma:sanctionsSought>
                  <ma:principalProductTypes>
                    <ma1:product>No Product</ma1:product>
                  </ma:principalProductTypes>
                  <ma:allegationsDescription>On December 21, 2018, Crowe LLP and two partners consented to entry of an SEC Order resolving proceedings about the financial statement audit of Corporate Resource Services, Inc. for the year ended January 3, 2014.  Crowe LLP and the partners neither admitted nor denied the SEC's findings.  Crowe LLP agreed to a censure and cease and desist order, to undertake remedial efforts, and to pay $1.5 million.  The partners agreed to cease and desist orders, to pay fines of $25,000 and $15,000, and to accept denial of SEC practice rights for periods of three and one years, respectively, after which the partners may apply for reinstatement.  The Order acknowledges that Crowe LLP cooperated with the SEC and voluntarily undertook remedial efforts prior to the conclusion of the matter.  The two partners sanctioned were audit partners and were not in the municipal advisor practice.  The Order does not restrict Crowe's ability to perform professional services.</ma:allegationsDescription>
                  <ma:resolutionInformation>
                    <ma:date>
                      <ma1:date>12-21-2018</ma1:date>
                      <ma1:exact/>
                    </ma:date>
                    <ma:types>
                      <ma:judgement>Consent</ma:judgement>
                      <ma:judgement>Order</ma:judgement>
                      <ma:judgement>Settled</ma:judgement>
                      <ma:explanation>On December 21, 2018, Crowe LLP and two partners consented to entry of an SEC Order resolving proceedings about the financial statement audit of Corporate Resource Services, Inc. for the year ended January 3, 2014.  Crowe LLP and the partners neither admitted nor denied the SEC's findings.  Crowe LLP agreed to a censure and cease and desist order, to undertake remedial efforts, and to pay $1.5 million.  The partners agreed to cease and desist orders, to pay fines of $25,000 and $15,000, and to accept denial of SEC practice rights for periods of three and one years, respectively, after which the partners may apply for reinstatement.  The Order acknowledges that Crowe LLP cooperated with the SEC and voluntarily undertook remedial efforts prior to the conclusion of the matter.  The two partners sanctioned were audit partners and were not in the municipal advisor practice.  The Order does not restrict Crowe's ability to perform professional services.</ma:explanation>
                      <ma:isFinalOrder>Y</ma:isFinalOrder>
                    </ma:types>
                    <ma:details>
                      <ma:sanctionsOrdered>Y</ma:sanctionsOrdered>
                      <ma:sanctions>
                        <ma:sanction>Cease and Desist</ma:sanction>
                        <ma:sanction>Censure</ma:sanction>
                        <ma:sanction>CivilAdminPenaltyFine</ma:sanction>
                        <ma:sanction>Undertaking</ma:sanction>
                        <ma:sanction>Other</ma:sanction>
                        <ma:otherSanctions>Crowe LLP agreed to the undertaking of retaining an independent consultant as set forth in the Order.</ma:otherSanctions>
                      </ma:sanctions>
                      <ma:sanctionDetails>
                        <ma:monetarySanctions>
                          <ma:amountOrdered>1500000.00</ma:amountOrdered>
                          <ma:finalAmount>1500000.00</ma:finalAmount>
                          <ma:paymentState>
                            <ma:satisfied>01-03-2019</ma:satisfied>
                          </ma:paymentState>
                        </ma:monetarySanctions>
                      </ma:sanctionDetails>
                      <ma:totalAmountOrdered>1500000.00</ma:totalAmountOrdered>
                    </ma:details>
                  </ma:resolutionInformation>
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              </ma:detailedDisclosure>
            </ma:drpInfo>
          </ma:applicantInfo>
        </ma:regulatoryDrp>
        <ma:regulatoryDrp>
          <ma:headerData>
            <ma:baseHeader>
              <ma:type>
                <ma1:amend/>
              </ma:type>
              <ma:drpFor>
                <ma1:applicant/>
              </ma:drpFor>
            </ma:baseHeader>
            <ma:respondingTo>
              <ma:responseQuestion>9-C2</ma:responseQuestion>
            </ma:respondingTo>
          </ma:headerData>
          <ma:applicantInfo>
            <ma:drpInfo>
              <ma:filedDisclosure>
                <ma:maFiling>
                  <ma1:name>Crowe LLP</ma1:name>
                  <ma1:regNumber>867-01330-00</ma1:regNumber>
                  <ma1:drpDate>06-28-2019</ma1:drpDate>
                  <ma1:accessionNumber>0001620621-19-000005</ma1:accessionNumber>
                </ma:maFiling>
              </ma:filedDisclosure>
            </ma:drpInfo>
          </ma:applicantInfo>
        </ma:regulatoryDrp>
      </ma:regulatoryDisclosure>
    </drpInfo>
    <maExecutionPage>
      <signature>
        <com1:signature>Angie M Neff Steeno</com1:signature>
        <com1:signerName>Angie M Neff Steeno</com1:signerName>
        <com1:title>Chief Compliance Officer</com1:title>
        <com1:date>01-13-2026</com1:date>
      </signature>
    </maExecutionPage>
    <controls>
      <isSolePropietor>N</isSolePropietor>
      <hasNameChange>N</hasNameChange>
      <hasDBAName>N</hasDBAName>
      <hasPreviousDBAName>N</hasPreviousDBAName>
      <hasAdditionalDBANames>N</hasAdditionalDBANames>
      <hasMATReg>Y</hasMATReg>
      <additionalRegs>N</additionalRegs>
      <additionalOffices>Y</additionalOffices>
      <hasMailingAddress>Y</hasMailingAddress>
      <hasAdditionalWebsites>N</hasAdditionalWebsites>
      <hasBooksRecords>N</hasBooksRecords>
      <isRegisteredFFRA>N</isRegisteredFFRA>
      <isAffiliatedOtherBus>N</isAffiliatedOtherBus>
      <independentBusinessEmployee>N</independentBusinessEmployee>
      <receiveCompensationForMAAFromOtherClients>N</receiveCompensationForMAAFromOtherClients>
      <isSucceedingApplicant>N</isSucceedingApplicant>
      <isCPForApplicantPolicy>N</isCPForApplicantPolicy>
      <isPRCompanyUnder1215>N</isPRCompanyUnder1215>
      <hasScheduleB>N</hasScheduleB>
      <isSection12Or15ReportingCompany>N</isSection12Or15ReportingCompany>
      <isOtherNonMAABuisinesssPrimary>N</isOtherNonMAABuisinesssPrimary>
    </controls>
  </formData>
</edgarSubmission>
