# 724 Asset Management, LLC

> 724 Asset Management, LLC is an SEC-registered investment advisory firm, registered since 2022, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 19, 2026.

- CRD: 318169
- Filed as: 724 ASSET MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Filing period: October 2026
- Form ADV filing dated: March 19, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/318169
- AdvisorCensus page: https://advisorcensus.com/firm/724-asset-management-llc-318169

## Quick answers

**How is 724 Asset Management, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), 724 Asset Management, LLC reports these compensation arrangements: a percentage of assets under its management.

**Is 724 Asset Management, LLC registered with the SEC or a state?**
724 Asset Management, LLC is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 318169.

**How much does 724 Asset Management, LLC manage?**
724 Asset Management, LLC reports $213,406,436 in regulatory assets under management in its Form ADV filing dated March 19, 2026 (100% discretionary).

**How have 724 Asset Management, LLC's assets and staff changed since 2022?**
In the Form ADV data for 724 Asset Management, LLC: Regulatory assets under management: $0 in the October 2022 data and $213,406,436 in the October 2026 data. Total employees: 2 in October 2022 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does 724 Asset Management, LLC serve?**
By number of clients on Form ADV Item 5.D: other investment advisers (1).

**Which custodians does 724 Asset Management, LLC use?**
724 Asset Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Brokerage Services LLC as a custodian holding 10% or more of its separately managed account assets.

**Does 724 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/318169

**Does 724 Asset Management, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 19, 2026 says: "There is no account minimum for any of 724 Asset Management’s services."

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 19, 2026)

- Account minimum: None

> There is no account minimum for any of 724 Asset Management’s services.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Fidelity Brokerage Services LLC

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $213,406,436
- Discretionary: $213,406,436
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 1 | $213,406,436 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2022 (4 years)
- Employees: 2 total, 2 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: MI, NC
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- 724cap.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | $0 | 2 | December 22, 2021 |
| October 2023 | $162,361,642 | 2 | August 4, 2023 |
| October 2024 | $176,116,860 | 2 | March 25, 2024 |
| October 2025 | $201,245,757 | 2 | March 6, 2025 |
| October 2026 | $213,406,436 | 2 | March 19, 2026 |

Regulatory assets under management: $0 in the October 2022 data and $213,406,436 in the October 2026 data.
Total employees: 2 in October 2022 and 2 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. 724 Asset Management, LLC (CRD 318169): Form ADV filing data as of October 2026.