AdvisorCensus / Financial advisors / Cacti Asset Management, LLC
Cacti Asset Management, LLC is an SEC-registered investment advisory firm, registered since 2011, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated January 17, 2026.
Quick answers
From the filingHow is Cacti Asset Management, LLC compensated?
On its Form ADV (Item 5.E, October 2026), Cacti Asset Management, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees.
How much does Cacti Asset Management, LLC charge?
Its Form ADV Part 2A brochure dated January 12, 2026 states: Asset-based fee: 1% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.
Is Cacti Asset Management, LLC registered with the SEC or a state?
Cacti Asset Management, LLC is an SEC-registered investment advisory firm, registered since 2011. Status as filed: Approved. CRD 156131.
How much does Cacti Asset Management, LLC manage?
Cacti Asset Management, LLC reports $1,821,495,896 in regulatory assets under management in its Form ADV filing dated January 17, 2026 (100% discretionary).
How have Cacti Asset Management, LLC's assets and staff changed since 2021?
In the Form ADV data for Cacti Asset Management, LLC: Regulatory assets under management: $1,109,315,861 in the October 2021 data and $1,821,495,896 in the October 2026 data, up 64%. 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.
What types of clients does Cacti Asset Management, LLC serve?
By number of clients on Form ADV Item 5.D: high net worth individuals (36); charitable organizations (6); pooled investment vehicles (other than investment companies and business development companies) (1).
Which custodians does Cacti Asset Management, LLC use?
Cacti Asset Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., Pershing LLC and U.S. Bank as custodians holding 10% or more of its separately managed account assets.
Does Cacti Asset Management, LLC report any disciplinary disclosures?
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/156131
Does Cacti Asset Management, LLC state an account minimum?
Its Form ADV Part 2A brochure dated January 12, 2026 says: "Cacti Asset Management generally requires a minimum asset level of $1,000,000 for investment management services, which it may reduce or waive in its sole discretion based upon certain criteria."
What changed in Cacti Asset Management, LLC's recent Form ADV filings?
In the February 2026 filing data: Regulatory assets under management went from $1,412,696,239 to $1,821,495,896 (+29%).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Performance-based fees
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AAsset-based fee: 1% of assets a year
The brochure's wording
Cacti Asset Management’s investment management fee is based upon a percentage (%) of the market value and type of assets placed under its management, which is generally one percent (1.00%) per year.
Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)
The brochure's wording
Cacti Asset Management generally requires a minimum asset level of $1,000,000 for investment management services, which it may reduce or waive in its sole discretion based upon certain criteria.
As stated in the firm's Form ADV Part 2A brochure dated January 12, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$1,821,495,896 as of October 2026, filing dated January 17, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- 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
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2011 (15 years)
- Employees
- Total: 1. Performing investment advisory functions: 1.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
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.
- States registered or notice-filed
-
3 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $1,821,495,896 | 1 | January 17, 2026 |
| October 2025 | $1,412,696,239 | 1 | January 28, 2025 |
| October 2024 | $1,265,058,367 | 1 | June 6, 2024 |
| October 2023 | $1,134,282,660 | 1 | January 21, 2023 |
| October 2022 | $1,374,839,264 | 1 | September 30, 2022 |
| October 2021 | $1,109,315,861 | 1 | February 7, 2021 |
Regulatory assets under management: $1,109,315,861 in the October 2021 data and $1,821,495,896 in the October 2026 data, up 64%.
Total employees: 1 in October 2021 and 1 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- February 2026
- Regulatory assets under management went from $1,412,696,239 to $1,821,495,896 (+29%).
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Cacti Asset Management, LLC (CRD 156131): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/cacti-asset-management-llc-156131