{ "crd_number": 317966, "slug": "broad-sky-partners-llc-new-york-ny-317966", "primary_business_name": "BROAD SKY PARTNERS LLC", "legal_name": "BROAD SKY PARTNERS 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": "2022-05-02", "years_registered": 4, "period": "2026-10-01", "filing_date": "2026-03-31", "carried_forward": false, "raum_total": 476872842.0, "raum_discretionary": 476872842.0, "raum_non_discretionary": 0.0, "raum_band": "100m_500m", "raum_band_label": "$100 million to $500 million", "total_employees": 12, "advisory_employees": 10, "client_count_bucket": null, "clients_by_type": { "pooled_investment_vehicles": { "raum": 476872842.0, "count": 6 } }, "compensation_types": [ "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "NY" ], "websites": [ "https://broadskypartners.com", "https://linkedin.com/company/broad-sky-partners" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/317966", "city_as_filed": "NEW YORK", "url": "https://advisorcensus.com/firm/broad-sky-partners-llc-new-york-ny-317966", "display_name": "Broad Sky Partners LLC", "summary": "Broad Sky Partners LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2022, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 31, 2026.", "citation": "AdvisorCensus. Broad Sky Partners LLC (CRD 317966): 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 Broad Sky Partners LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Broad Sky Partners LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees." }, { "q": "How much does Broad Sky Partners LLC charge?", "a": "Its Form ADV Part 2A brochure dated March 31, 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 Broad Sky Partners LLC located?", "a": "Broad Sky Partners LLC's principal office is in New York, NY, according to its Form ADV." }, { "q": "Is Broad Sky Partners LLC registered with the SEC or a state?", "a": "Broad Sky Partners LLC is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 317966." }, { "q": "How much does Broad Sky Partners LLC manage?", "a": "Broad Sky Partners LLC reports $476,872,842 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary)." }, { "q": "How have Broad Sky Partners LLC's assets and staff changed since 2022?", "a": "In the Form ADV data for Broad Sky Partners LLC: Regulatory assets under management: $234,599,230 in the October 2022 data and $476,872,842 in the October 2026 data, up 103%. Total employees: 8 in October 2022 and 12 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Broad Sky Partners LLC serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (6)." }, { "q": "Does Broad Sky Partners 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/317966" }, { "q": "Does Broad Sky Partners LLC state an account minimum?", "a": "Its Form ADV Part 2A brochure dated March 31, 2026 says: \"The minimum capital commitment in a Private Investment Fund managed by Broad Sky is generally $5,000,000, subject to reduction at the sole discretion of the General Partner of the Private Investment Fund.\"" }, { "q": "What changed in Broad Sky Partners LLC's recent Form ADV filings?", "a": "In the April 2026 filing data: Employees performing advisory functions went from 8 to 10." } ], "filing_history": [ { "period": "2022-10-01", "regulatory_assets_under_management": 234599230.0, "total_employees": 8, "filing_date": "2022-06-03" }, { "period": "2023-10-01", "regulatory_assets_under_management": 401529230.0, "total_employees": 11, "filing_date": "2023-04-26" }, { "period": "2024-10-01", "regulatory_assets_under_management": 418435043.0, "total_employees": 12, "filing_date": "2024-05-01" }, { "period": "2025-10-01", "regulatory_assets_under_management": 472927980.0, "total_employees": 11, "filing_date": "2025-03-31" }, { "period": "2026-10-01", "regulatory_assets_under_management": 476872842.0, "total_employees": 12, "filing_date": "2026-03-31" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 8 to 10." ] } ], "fees_from_brochure": { "source": "Form ADV Part 2A brochure dated March 31, 2026", "provided_by_the_firm": false, "tiers": [], "flat_rate": null, "stated_range": null, "stated_maximum": "2% of assets a year", "account_minimum": "$5,000,000", "account_minimum_may_be_waived": true, "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": [ "Compensation earned by Broad Sky for providing investment advisory services to the Private Investment Funds is generally comprised of an asset-based management fee, which does not exceed 2% and is generally payable quarterly in advance." ] }, { "label": "Account minimum", "statements": [ "Account minimum: $5,000,000 (the brochure says it may be waived or negotiated)" ], "quotes": [ "The minimum capital commitment in a Private Investment Fund managed by Broad Sky is generally $5,000,000, subject to reduction at the sole discretion of the General Partner of the Private Investment Fund." ] } ], "values": { "tiers": [], "range_pct": null, "max_pct": 2.0, "account_minimum": 5000000.0, "minimum_annual_fee": null, "planning": [] }, "quotes": [ "Compensation earned by Broad Sky for providing investment advisory services to the Private Investment Funds is generally comprised of an asset-based management fee, which does not exceed 2% and is generally payable quarterly in advance.", "The minimum capital commitment in a Private Investment Fund managed by Broad Sky is generally $5,000,000, subject to reduction at the sole discretion of the General Partner of the Private Investment Fund." ], "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/broad-sky-partners-llc-new-york-ny-317966.md", "clients": [ { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 6, "fewer_than_5": false, "raum": 476872842.0 } ], "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/317966", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }