{
  "crd_number": 173561,
  "slug": "atlas-asset-management-llc-guaynabo-pr-173561",
  "primary_business_name": "ATLAS ASSET MANAGEMENT LLC",
  "legal_name": "ATLAS ASSET MANAGEMENT LLC",
  "dbas": [],
  "city": "Guaynabo",
  "state": "PR",
  "country": "United States",
  "cbsa_code": "41980",
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2020-11-27",
  "years_registered": 5,
  "period": "2026-10-01",
  "filing_date": "2025-12-18",
  "carried_forward": false,
  "raum_total": 700609861.0,
  "raum_discretionary": 392956706.0,
  "raum_non_discretionary": 307653155.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 3,
  "advisory_employees": 2,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": null,
      "count": 0
    },
    "investment_companies": {
      "raum": 387565812.0,
      "count": 6
    },
    "high_net_worth_individuals": {
      "raum": 13835237.0,
      "count": 1,
      "fewer_than_5": true
    },
    "corporations_other_businesses": {
      "raum": 299208812.0,
      "count": 12
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_investment_companies"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "PR"
  ],
  "websites": [
    "https://atlasam.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/173561",
  "city_as_filed": "GUAYNABO",
  "url": "https://advisorcensus.com/firm/atlas-asset-management-llc-guaynabo-pr-173561",
  "display_name": "Atlas Asset Management LLC",
  "summary": "Atlas Asset Management LLC is an SEC-registered investment advisory firm in Guaynabo, PR, registered since 2020, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated December 18, 2025.",
  "citation": "AdvisorCensus. Atlas Asset Management LLC (CRD 173561): 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)"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for investment companies (and business development companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Atlas Asset Management LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Atlas Asset Management LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)."
    },
    {
      "q": "What does Atlas Asset Management LLC's brochure say about its fees?",
      "a": "Its Form ADV Part 2A brochure dated December 18, 2025 states: Asset-based fee: 0.05% to 1.5% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Atlas Asset Management LLC located?",
      "a": "Atlas Asset Management LLC's principal office is in Guaynabo, PR, according to its Form ADV."
    },
    {
      "q": "Is Atlas Asset Management LLC registered with the SEC or a state?",
      "a": "Atlas Asset Management LLC is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 173561."
    },
    {
      "q": "How much does Atlas Asset Management LLC manage?",
      "a": "Atlas Asset Management LLC reports $700,609,861 in regulatory assets under management in its Form ADV filing dated December 18, 2025 (56% discretionary)."
    },
    {
      "q": "How have Atlas Asset Management LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Atlas Asset Management LLC: Regulatory assets under management: $153,955,976 in the October 2021 data and $700,609,861 in the October 2026 data, up 355%. Total employees: 3 in October 2021 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Atlas Asset Management LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: corporations or other businesses not listed above (12); investment companies (6); high net worth individuals (1)."
    },
    {
      "q": "Which custodians does Atlas Asset Management LLC use?",
      "a": "Atlas Asset Management LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Atlas 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/173561"
    },
    {
      "q": "What changed in Atlas Asset Management LLC's recent Form ADV filings?",
      "a": "In the January 2026 filing data: Regulatory assets under management went from $333,982,565 to $700,609,861 (+110%). Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 153955976.0,
      "total_employees": 3,
      "filing_date": "2021-07-07"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 255114987.0,
      "total_employees": 3,
      "filing_date": "2021-12-23"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 373502977.0,
      "total_employees": 3,
      "filing_date": "2023-01-05"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 393098910.0,
      "total_employees": 3,
      "filing_date": "2024-05-09"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 333982565.0,
      "total_employees": 3,
      "filing_date": "2025-02-13"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 700609861.0,
      "total_employees": 3,
      "filing_date": "2025-12-18"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "Regulatory assets under management went from $333,982,565 to $700,609,861 (+110%).",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated December 18, 2025",
    "tiers": [],
    "flat_rate": null,
    "stated_range": "0.05% to 1.5% a year",
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 0.05% to 1.5% a year (a range, as the brochure states it)"
        ],
        "quotes": [
          "Atlas’ annualized fees for managing a separate account will typically range between 0.05% and 1.50% of the net assets of the account."
        ]
      }
    ],
    "quotes": [
      "Atlas’ annualized fees for managing a separate account will typically range between 0.05% and 1.50% of the net assets of the account."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "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/atlas-asset-management-llc-guaynabo-pr-173561.md",
  "clients": [
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 1,
      "fewer_than_5": true,
      "raum": 13835237.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 6,
      "fewer_than_5": false,
      "raum": 387565812.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 12,
      "fewer_than_5": false,
      "raum": 299208812.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    }
  ],
  "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/173561",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}