{
  "crd_number": 300503,
  "slug": "bw-asset-management-ltd-george-town-300503",
  "primary_business_name": "BW ASSET MANAGEMENT LTD",
  "legal_name": "BW ASSET MANAGEMENT LTD",
  "dbas": [],
  "city": "George Town",
  "state": null,
  "country": "Cayman Islands",
  "cbsa_code": null,
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2023-10-06",
  "years_registered": 2,
  "period": "2026-10-01",
  "filing_date": "2026-03-25",
  "carried_forward": false,
  "raum_total": 110152943.0,
  "raum_discretionary": 110152943.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 40,
  "advisory_employees": 38,
  "client_count_bucket": null,
  "clients_by_type": {
    "investment_companies": {
      "raum": 31413048.0,
      "count": 1
    },
    "pooled_investment_vehicles": {
      "raum": 78739895.0,
      "count": 1
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [],
  "websites": [],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/300503",
  "city_as_filed": "GEORGE TOWN",
  "url": "https://advisorcensus.com/firm/bw-asset-management-ltd-george-town-300503",
  "display_name": "BW Asset Management Ltd",
  "summary": "BW Asset Management Ltd is an SEC-registered investment advisory firm in George Town, Cayman Islands, registered since 2023, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 25, 2026.",
  "citation": "AdvisorCensus. BW Asset Management Ltd (CRD 300503): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "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 BW Asset Management Ltd compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), BW Asset Management Ltd reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); performance-based fees."
    },
    {
      "q": "Where is BW Asset Management Ltd located?",
      "a": "BW Asset Management Ltd's principal office is in George Town, Cayman Islands, according to its Form ADV."
    },
    {
      "q": "Is BW Asset Management Ltd registered with the SEC or a state?",
      "a": "BW Asset Management Ltd is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 300503."
    },
    {
      "q": "How much does BW Asset Management Ltd manage?",
      "a": "BW Asset Management Ltd reports $110,152,943 in regulatory assets under management in its Form ADV filing dated March 25, 2026 (100% discretionary)."
    },
    {
      "q": "How have BW Asset Management Ltd's assets and staff changed since 2024?",
      "a": "In the Form ADV data for BW Asset Management Ltd: Regulatory assets under management: $83,922,548 in the October 2024 data and $110,152,943 in the October 2026 data, up 31%. Total employees: 16 in October 2024 and 40 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does BW Asset Management Ltd serve?",
      "a": "By number of clients on Form ADV Item 5.D: investment companies (1); pooled investment vehicles (other than investment companies and business development companies) (1)."
    },
    {
      "q": "Does BW Asset Management Ltd 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/300503"
    },
    {
      "q": "Does BW Asset Management Ltd state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 25, 2026 says: \"The minimum account size of any Client accepted by the Investment Adviser will generally be USD 5,000,000, provided that the Investment Adviser may reduce or waive this minimum, in its sole discretion at any time\""
    },
    {
      "q": "What changed in BW Asset Management Ltd's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 22 to 38. Regulatory assets under management went from $135,892,611 to $110,152,943 (-19%)."
    }
  ],
  "filing_history": [
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 83922548.0,
      "total_employees": 16,
      "filing_date": "2024-03-15"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 135892611.0,
      "total_employees": 24,
      "filing_date": "2025-06-10"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 110152943.0,
      "total_employees": 40,
      "filing_date": "2026-03-25"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 22 to 38.",
        "Regulatory assets under management went from $135,892,611 to $110,152,943 (-19%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 25, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$5,000,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $5,000,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "The minimum account size of any Client accepted by the Investment Adviser will generally be USD 5,000,000, provided that the Investment Adviser may reduce or waive this minimum, in its sole discretion at any time"
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 5000000.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "The minimum account size of any Client accepted by the Investment Adviser will generally be USD 5,000,000, provided that the Investment Adviser may reduce or waive this minimum, in its sole discretion at any time"
    ],
    "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/bw-asset-management-ltd-george-town-300503.md",
  "clients": [
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 1,
      "fewer_than_5": false,
      "raum": 31413048.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 1,
      "fewer_than_5": false,
      "raum": 78739895.0
    }
  ],
  "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/300503",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}