{
  "crd_number": 162855,
  "slug": "asa-managed-account-managers-llc-minneapolis-mn-162855",
  "primary_business_name": "ASA MANAGED ACCOUNT MANAGERS LLC",
  "legal_name": "ASA MANAGED ACCOUNT MANAGERS LLC",
  "dbas": [
    "TF MANAGERS LLC (RELYING ADVISER)"
  ],
  "city": "Minneapolis",
  "state": "MN",
  "country": "United States",
  "cbsa_code": "33460",
  "metro": {
    "cbsa_code": "33460",
    "common_name": "Minneapolis",
    "msa_name": "Minneapolis-St. Paul-Bloomington, MN-WI",
    "path": "/advisors/mn/minneapolis"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2012-07-05",
  "years_registered": 14,
  "period": "2026-10-01",
  "filing_date": "2026-06-29",
  "carried_forward": false,
  "raum_total": 1115661000.0,
  "raum_discretionary": 1115661000.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 1,
  "advisory_employees": 0,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 49486000.0,
      "count": 10
    },
    "investment_companies": {
      "raum": 241184000.0,
      "count": 17
    },
    "high_net_worth_individuals": {
      "raum": 646003000.0,
      "count": 199
    },
    "pooled_investment_vehicles": {
      "raum": 2479000.0,
      "count": 1
    },
    "corporations_other_businesses": {
      "raum": 176509000.0,
      "count": null,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AZ",
    "CA",
    "FL",
    "MN",
    "NJ",
    "TN",
    "TX"
  ],
  "websites": [
    "https://asallc.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/162855",
  "city_as_filed": "MINNEAPOLIS",
  "url": "https://advisorcensus.com/firm/asa-managed-account-managers-llc-minneapolis-mn-162855",
  "display_name": "ASA Managed Account Managers LLC",
  "summary": "ASA Managed Account Managers LLC is an SEC-registered investment advisory firm in Minneapolis, MN, registered since 2012, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated June 29, 2026.",
  "citation": "AdvisorCensus. ASA Managed Account Managers LLC (CRD 162855): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is ASA Managed Account Managers LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), ASA Managed Account Managers LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees."
    },
    {
      "q": "Where is ASA Managed Account Managers LLC located?",
      "a": "ASA Managed Account Managers LLC's principal office is in Minneapolis, MN, according to its Form ADV; the July 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is ASA Managed Account Managers LLC registered with the SEC or a state?",
      "a": "ASA Managed Account Managers LLC is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 162855."
    },
    {
      "q": "How much does ASA Managed Account Managers LLC manage?",
      "a": "ASA Managed Account Managers LLC reports $1,115,661,000 in regulatory assets under management in its Form ADV filing dated June 29, 2026 (100% discretionary)."
    },
    {
      "q": "How have ASA Managed Account Managers LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for ASA Managed Account Managers LLC: Regulatory assets under management: $477,192,000 in the October 2021 data and $1,115,661,000 in the October 2026 data, up 134%. Total employees: 0 in October 2021 and 1 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does ASA Managed Account Managers LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (199); investment companies (17); charitable organizations (10)."
    },
    {
      "q": "Which custodians does ASA Managed Account Managers LLC use?",
      "a": "ASA Managed Account Managers LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Cadence Bank and Charles Schwab & Co., Inc. as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does ASA Managed Account Managers 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/162855"
    },
    {
      "q": "What changed in ASA Managed Account Managers LLC's recent Form ADV filings?",
      "a": "In the July 2026 filing data: Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 477192000.0,
      "total_employees": 0,
      "filing_date": "2021-02-15"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 613102000.0,
      "total_employees": 0,
      "filing_date": "2022-03-31"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 1708558000.0,
      "total_employees": 0,
      "filing_date": "2023-03-31"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 1879335000.0,
      "total_employees": 0,
      "filing_date": "2024-03-29"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 920160000.0,
      "total_employees": 0,
      "filing_date": "2025-04-22"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 1115661000.0,
      "total_employees": 1,
      "filing_date": "2026-06-29"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-07-01",
      "period_label": "July 2026",
      "notes": [
        "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 $920,160,000 to $1,057,402,000 (+15%).",
        "Added an office in Scottsdale, AZ."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Cadence Bank",
      "name_as_filed": "CADENCE BANK",
      "affiliated": false
    },
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/asa-managed-account-managers-llc-minneapolis-mn-162855.md",
  "clients": [
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 199,
      "fewer_than_5": false,
      "raum": 646003000.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 17,
      "fewer_than_5": false,
      "raum": 241184000.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 1,
      "fewer_than_5": false,
      "raum": 2479000.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 10,
      "fewer_than_5": false,
      "raum": 49486000.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": null,
      "fewer_than_5": true,
      "raum": 176509000.0
    }
  ],
  "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/162855",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}