{ "crd_number": 125121, "slug": "bertolet-capital-llc-new-york-ny-125121", "primary_business_name": "BERTOLET CAPITAL LLC", "legal_name": "BERTOLET CAPITAL 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": "2003-02-03", "years_registered": 23, "period": "2026-10-01", "filing_date": "2026-01-07", "carried_forward": false, "raum_total": 35800000.0, "raum_discretionary": 35800000.0, "raum_non_discretionary": 0.0, "raum_band": "25m_100m", "raum_band_label": "$25 million to $100 million", "total_employees": 1, "advisory_employees": 1, "client_count_bucket": null, "clients_by_type": { "investment_companies": { "raum": 35800000.0, "count": 1 } }, "compensation_types": [ "percentage_of_aum" ], "advisory_activities": [ "portfolio_management_investment_companies" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "NY" ], "websites": [], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/125121", "city_as_filed": "NEW YORK", "url": "https://advisorcensus.com/firm/bertolet-capital-llc-new-york-ny-125121", "display_name": "Bertolet Capital LLC", "summary": "Bertolet Capital LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2003, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated January 7, 2026.", "citation": "AdvisorCensus. Bertolet Capital LLC (CRD 125121): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management" ], "advisory_activity_labels": [ "Portfolio management for investment companies (and business development companies)" ], "quick_answers": [ { "q": "How is Bertolet Capital LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Bertolet Capital LLC reports these compensation arrangements: a percentage of assets under its management." }, { "q": "Where is Bertolet Capital LLC located?", "a": "Bertolet Capital LLC's principal office is in New York, NY, according to its Form ADV." }, { "q": "Is Bertolet Capital LLC registered with the SEC or a state?", "a": "Bertolet Capital LLC is an SEC-registered investment advisory firm, registered since 2003. Status as filed: Approved. CRD 125121." }, { "q": "How much does Bertolet Capital LLC manage?", "a": "Bertolet Capital LLC reports $35,800,000 in regulatory assets under management in its Form ADV filing dated January 7, 2026 (100% discretionary)." }, { "q": "How have Bertolet Capital LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for Bertolet Capital LLC: Regulatory assets under management: $29,300,000 in the October 2021 data and $35,800,000 in the October 2026 data, up 22%. Total employees: 1 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 Bertolet Capital LLC serve?", "a": "By number of clients on Form ADV Item 5.D: investment companies (1)." }, { "q": "Does Bertolet Capital 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/125121" }, { "q": "Does Bertolet Capital LLC state an account minimum?", "a": "Its Form ADV Part 2A brochure dated January 7, 2026 says: \"Minimum account size is $10 million.\"" } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 29300000.0, "total_employees": 1, "filing_date": "2021-01-07" }, { "period": "2022-10-01", "regulatory_assets_under_management": 32100000.0, "total_employees": 1, "filing_date": "2022-01-04" }, { "period": "2023-10-01", "regulatory_assets_under_management": 29300000.0, "total_employees": 1, "filing_date": "2023-01-04" }, { "period": "2024-10-01", "regulatory_assets_under_management": 35400000.0, "total_employees": 1, "filing_date": "2024-01-17" }, { "period": "2025-10-01", "regulatory_assets_under_management": 36400000.0, "total_employees": 1, "filing_date": "2025-01-14" }, { "period": "2026-10-01", "regulatory_assets_under_management": 35800000.0, "total_employees": 1, "filing_date": "2026-01-07" } ], "recent_changes": [], "fees_from_brochure": { "source": "Form ADV Part 2A brochure dated January 7, 2026", "tiers": [], "flat_rate": null, "stated_range": null, "stated_maximum": null, "account_minimum": "$10,000,000", "account_minimum_may_be_waived": false, "minimum_annual_fee": null, "figures": [ { "label": "Account minimum", "statements": [ "Account minimum: $10,000,000" ], "quotes": [ "Minimum account size is $10 million." ] } ], "quotes": [ "Minimum account size is $10 million." ], "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/bertolet-capital-llc-new-york-ny-125121.md", "clients": [ { "type": "investment_companies", "label": "Investment companies", "count": 1, "fewer_than_5": false, "raum": 35800000.0 } ], "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/125121", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }