{
  "crd_number": 324445,
  "slug": "alterra-ios-manager-llc-radnor-pa-324445",
  "primary_business_name": "ALTERRA IOS MANAGER, LLC",
  "legal_name": "ALTERRA IOS MANAGER, LLC",
  "dbas": [],
  "city": "Radnor",
  "state": "PA",
  "country": "United States",
  "cbsa_code": "37980",
  "metro": {
    "cbsa_code": "37980",
    "common_name": "Philadelphia",
    "msa_name": "Philadelphia-Camden-Wilmington, PA-NJ-DE-MD",
    "path": "/advisors/pa/philadelphia"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2023-02-02",
  "years_registered": 3,
  "period": "2026-10-01",
  "filing_date": "2026-03-27",
  "carried_forward": false,
  "raum_total": 3185889654.0,
  "raum_discretionary": 3185889654.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 44,
  "advisory_employees": 20,
  "client_count_bucket": null,
  "clients_by_type": {
    "pooled_investment_vehicles": {
      "raum": 3185889654.0,
      "count": 5
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "PA"
  ],
  "websites": [
    "https://ios.alterraproperty.com",
    "https://linkedin.com/company/alterraproperty"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/324445",
  "city_as_filed": "RADNOR",
  "url": "https://advisorcensus.com/firm/alterra-ios-manager-llc-radnor-pa-324445",
  "display_name": "Alterra IOS Manager, LLC",
  "summary": "Alterra IOS Manager, LLC is an SEC-registered investment advisory firm in Radnor, PA, registered since 2023, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 27, 2026.",
  "citation": "AdvisorCensus. Alterra IOS Manager, LLC (CRD 324445): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for pooled investment vehicles (other than investment companies)"
  ],
  "quick_answers": [
    {
      "q": "How is Alterra IOS Manager, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Alterra IOS Manager, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees."
    },
    {
      "q": "Where is Alterra IOS Manager, LLC located?",
      "a": "Alterra IOS Manager, LLC's principal office is in Radnor, PA, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Alterra IOS Manager, LLC registered with the SEC or a state?",
      "a": "Alterra IOS Manager, LLC is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 324445."
    },
    {
      "q": "How much does Alterra IOS Manager, LLC manage?",
      "a": "Alterra IOS Manager, LLC reports $3,185,889,654 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary)."
    },
    {
      "q": "How have Alterra IOS Manager, LLC's assets and staff changed since 2023?",
      "a": "In the Form ADV data for Alterra IOS Manager, LLC: Regulatory assets under management: $1,070,488,063 in the October 2023 data and $3,185,889,654 in the October 2026 data, up 198%. Total employees: 25 in October 2023 and 44 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Alterra IOS Manager, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (5)."
    },
    {
      "q": "Does Alterra IOS Manager, LLC report any disciplinary disclosures?",
      "a": "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/324445"
    },
    {
      "q": "Does Alterra IOS Manager, LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 27, 2026 says: \"The offering documents of each Fund contain minimum amounts for investment by prospective investors, generally $5,000,000, which may be waived by the applicable General Partner at its discretion.\""
    },
    {
      "q": "What changed in Alterra IOS Manager, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 15 to 20. Regulatory assets under management went from $2,674,984,113 to $3,185,889,654 (+19%)."
    }
  ],
  "filing_history": [
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 1070488063.0,
      "total_employees": 25,
      "filing_date": "2023-05-11"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 2129075769.0,
      "total_employees": 36,
      "filing_date": "2024-03-29"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 2674984113.0,
      "total_employees": 42,
      "filing_date": "2025-03-31"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 3185889654.0,
      "total_employees": 44,
      "filing_date": "2026-03-27"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 15 to 20.",
        "Regulatory assets under management went from $2,674,984,113 to $3,185,889,654 (+19%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 27, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$5,000,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $5,000,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "The offering documents of each Fund contain minimum amounts for investment by prospective investors, generally $5,000,000, which may be waived by the applicable General Partner at its discretion."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 5000000.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "The offering documents of each Fund contain minimum amounts for investment by prospective investors, generally $5,000,000, which may be waived by the applicable General Partner at its discretion."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/alterra-ios-manager-llc-radnor-pa-324445.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 5,
      "fewer_than_5": false,
      "raum": 3185889654.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/324445",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}