{ "crd_number": 335177, "slug": "asa-asset-management-llc-new-york-ny-335177", "primary_business_name": "ASA ASSET MANAGEMENT LLC", "legal_name": "ASA ASSET MANAGEMENT LLC", "dbas": [], "city": "New York", "state": "NY", "country": "United States", "cbsa_code": "35620", "metro": { "cbsa_code": "35620", "common_name": "New York", "msa_name": "New York-Newark-Jersey City, NY-NJ", "path": "/advisors/ny/new-york" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2025-05-29", "years_registered": 1, "period": "2026-10-01", "filing_date": "2026-06-15", "carried_forward": false, "raum_total": 47615453.0, "raum_discretionary": 47615453.0, "raum_non_discretionary": 0.0, "raum_band": "25m_100m", "raum_band_label": "$25 million to $100 million", "total_employees": 15, "advisory_employees": 9, "client_count_bucket": null, "clients_by_type": { "pooled_investment_vehicles": { "raum": 47615453.0, "count": 5 } }, "compensation_types": [ "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_individuals", "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "FL", "NY" ], "websites": [ "https://asa.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/335177", "city_as_filed": "NEW YORK", "url": "https://advisorcensus.com/firm/asa-asset-management-llc-new-york-ny-335177", "display_name": "ASA Asset Management LLC", "summary": "ASA Asset Management LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2025, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated June 15, 2026.", "citation": "AdvisorCensus. ASA Asset Management LLC (CRD 335177): 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 individuals and/or small businesses", "Portfolio management for pooled investment vehicles (other than investment companies)" ], "quick_answers": [ { "q": "How is ASA Asset Management LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), ASA Asset Management LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees." }, { "q": "How much does ASA Asset Management LLC charge?", "a": "Its Form ADV Part 2A brochure dated June 15, 2026 states: Asset-based fee: up to 2% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement." }, { "q": "Where is ASA Asset Management LLC located?", "a": "ASA Asset Management LLC's principal office is in New York, NY, according to its Form ADV; the July 2026 filing also lists 1 other office (Schedule D, Section 1.F)." }, { "q": "Is ASA Asset Management LLC registered with the SEC or a state?", "a": "ASA Asset Management LLC is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 335177." }, { "q": "How much does ASA Asset Management LLC manage?", "a": "ASA Asset Management LLC reports $47,615,453 in regulatory assets under management in its Form ADV filing dated June 15, 2026 (100% discretionary)." }, { "q": "How have ASA Asset Management LLC's assets and staff changed since 2025?", "a": "In the Form ADV data for ASA Asset Management LLC: Regulatory assets under management: $32,450,000 in the October 2025 data and $47,615,453 in the October 2026 data, up 47%. Total employees: 10 in October 2025 and 15 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does ASA Asset Management 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 ASA Asset Management 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/335177" }, { "q": "What changed in ASA Asset Management LLC's recent Form ADV filings?", "a": "In the July 2026 filing data: Employees performing advisory functions went from 8 to 9. Updated its list of owners and control persons (Schedule A)." } ], "filing_history": [ { "period": "2025-10-01", "regulatory_assets_under_management": 32450000.0, "total_employees": 10, "filing_date": "2025-07-30" }, { "period": "2026-10-01", "regulatory_assets_under_management": 47615453.0, "total_employees": 15, "filing_date": "2026-06-15" } ], "recent_changes": [ { "period": "2026-07-01", "period_label": "July 2026", "notes": [ "Employees performing advisory functions went from 8 to 9.", "Updated its list of owners and control persons (Schedule A)." ] }, { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Regulatory assets under management went from $41,655,044 to $47,615,453 (+14%).", "Updated its list of owners and control persons (Schedule A)." ] }, { "period": "2026-02-01", "period_label": "February 2026", "notes": [ "Regulatory assets under management went from $32,450,000 to $41,655,044 (+28%).", "Employees performing advisory functions went from 6 to 8.", "Added an office in Hallandale Beach, FL." ] }, { "period": "2025-11-01", "period_label": "November 2025", "notes": [ "Updated its list of owners and control persons (Schedule A)." ] } ], "fees_from_brochure": { "source": "Form ADV Part 2A brochure dated June 15, 2026", "provided_by_the_firm": false, "tiers": [], "flat_rate": null, "stated_range": null, "stated_maximum": "2% of assets a year", "account_minimum": null, "account_minimum_may_be_waived": false, "minimum_annual_fee": null, "planning_fees": [], "figures": [ { "label": "Asset-based fee", "statements": [ "Asset-based fee: up to 2% of assets a year (the maximum the brochure states)" ], "quotes": [ "Investors and prospective investors in our private funds should refer to the governing documents of the relevant fund for more complete information on the advisory fees charged to the fund by ASA Asset Management , as they may exceed our standard fee of up to 2% of net asset value." ] } ], "values": { "tiers": [], "range_pct": null, "max_pct": 2.0, "account_minimum": null, "minimum_annual_fee": null, "planning": [] }, "quotes": [ "Investors and prospective investors in our private funds should refer to the governing documents of the relevant fund for more complete information on the advisory fees charged to the fund by ASA Asset Management , as they may exceed our standard fee of up to 2% of net asset value." ], "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/asa-asset-management-llc-new-york-ny-335177.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": 47615453.0 } ], "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/335177", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }