# 1988 Asset Management, LLC

> 1988 Asset Management, LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2022, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated June 16, 2026.

- CRD: 319422
- Filed as: 1988 ASSET MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: June 16, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/319422
- AdvisorCensus page: https://advisorcensus.com/firm/1988-asset-management-llc-new-york-ny-319422

## Quick answers

**How is 1988 Asset Management, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), 1988 Asset Management, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is 1988 Asset Management, LLC located?**
1988 Asset Management, LLC's principal office is in New York, NY, according to its Form ADV; the January 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is 1988 Asset Management, LLC registered with the SEC or a state?**
1988 Asset Management, LLC is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 319422.

**How much does 1988 Asset Management, LLC manage?**
1988 Asset Management, LLC reports $2,704,305,545 in regulatory assets under management in its Form ADV filing dated June 16, 2026 (100% discretionary).

**How have 1988 Asset Management, LLC's assets and staff changed since 2022?**
In the Form ADV data for 1988 Asset Management, LLC: Regulatory assets under management: $443,781,317 in the October 2023 data and $2,704,305,545 in the October 2026 data, up 509%. Total employees: 74 in October 2022 and 67 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does 1988 Asset Management, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (8).

**Does 1988 Asset Management, LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/319422

**What changed in 1988 Asset Management, LLC's recent Form ADV filings?**
In the July 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Regulatory assets under management (Item 5.F)
- Total: $2,704,305,545
- Discretionary: $2,704,305,545
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | Not reported |
| High net worth individuals | 0 | Not reported |
| Banking or thrift institutions | 0 | Not reported |
| Investment companies | 0 | Not reported |
| Business development companies | 0 | Not reported |
| Pooled investment vehicles (other than investment companies and business development companies) | 8 | $2,704,305,545 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | Not reported |
| Charitable organizations | 0 | Not reported |
| State or municipal government entities (including government pension plans) | 0 | Not reported |
| Other investment advisers | 0 | Not reported |
| Insurance companies | 0 | Not reported |
| Sovereign wealth funds and foreign official institutions | 0 | Not reported |
| Corporations or other businesses not listed above | 0 | Not reported |
| Other | 0 | Not reported |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2022 (4 years)
- Employees: 67 total, 37 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, NY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the January 2026 filing
- Palm Beach, FL

### Websites listed on Form ADV (Item 1.I)
- muzinich.com
- LinkedIn @muzinich-co

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | Not reported | 74 | May 27, 2022 |
| October 2023 | $443,781,317 | 72 | March 30, 2023 |
| October 2024 | $1,231,000,000 | 70 | June 5, 2024 |
| October 2025 | $2,313,000,000 | 69 | June 17, 2025 |
| October 2026 | $2,704,305,545 | 67 | June 16, 2026 |

Regulatory assets under management: $443,781,317 in the October 2023 data and $2,704,305,545 in the October 2026 data, up 509%.
Total employees: 74 in October 2022 and 67 in October 2026.

## Changes in the filing (last 12 months)

### July 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Regulatory assets under management went from $2,313,000,000 to $2,704,305,545 (+17%).
- No longer lists an office in Palm Beach, FL.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. 1988 Asset Management, LLC (CRD 319422): Form ADV filing data as of October 2026.