{
  "crd_number": 156131,
  "slug": "cacti-asset-management-llc-156131",
  "primary_business_name": "CACTI ASSET MANAGEMENT, LLC",
  "legal_name": "CACTI ASSET MANAGEMENT, LLC",
  "dbas": [],
  "city": null,
  "state": null,
  "country": null,
  "cbsa_code": null,
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2011-03-10",
  "years_registered": 15,
  "period": "2026-10-01",
  "filing_date": "2026-01-17",
  "carried_forward": false,
  "raum_total": 1821495896.0,
  "raum_discretionary": 1821495896.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 1,
  "advisory_employees": 1,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 177552222.0,
      "count": 6
    },
    "insurance_companies": {
      "raum": 1047217155.0,
      "count": null,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 346135940.0,
      "count": 36
    },
    "pooled_investment_vehicles": {
      "raum": 250590579.0,
      "count": 1
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "GA",
    "NH",
    "NJ"
  ],
  "websites": [
    "https://cactipartners.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/156131",
  "city_as_filed": null,
  "url": "https://advisorcensus.com/firm/cacti-asset-management-llc-156131",
  "display_name": "Cacti Asset Management, LLC",
  "summary": "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.",
  "citation": "AdvisorCensus. Cacti Asset Management, LLC (CRD 156131): 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)",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "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"
  ],
  "quick_answers": [
    {
      "q": "How is Cacti Asset Management, LLC compensated?",
      "a": "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."
    },
    {
      "q": "How much does Cacti Asset Management, LLC charge?",
      "a": "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."
    },
    {
      "q": "Is Cacti Asset Management, LLC registered with the SEC or a state?",
      "a": "Cacti Asset Management, LLC is an SEC-registered investment advisory firm, registered since 2011. Status as filed: Approved. CRD 156131."
    },
    {
      "q": "How much does Cacti Asset Management, LLC manage?",
      "a": "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)."
    },
    {
      "q": "How have Cacti Asset Management, LLC's assets and staff changed since 2021?",
      "a": "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."
    },
    {
      "q": "What types of clients does Cacti Asset Management, LLC serve?",
      "a": "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)."
    },
    {
      "q": "Which custodians does Cacti Asset Management, LLC use?",
      "a": "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."
    },
    {
      "q": "Does Cacti 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/156131"
    },
    {
      "q": "Does Cacti Asset Management, LLC state an account minimum?",
      "a": "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.\""
    },
    {
      "q": "What changed in Cacti Asset Management, LLC's recent Form ADV filings?",
      "a": "In the February 2026 filing data: Regulatory assets under management went from $1,412,696,239 to $1,821,495,896 (+29%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 1109315861.0,
      "total_employees": 1,
      "filing_date": "2021-02-07"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 1374839264.0,
      "total_employees": 1,
      "filing_date": "2022-09-30"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 1134282660.0,
      "total_employees": 1,
      "filing_date": "2023-01-21"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 1265058367.0,
      "total_employees": 1,
      "filing_date": "2024-06-06"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 1412696239.0,
      "total_employees": 1,
      "filing_date": "2025-01-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 1821495896.0,
      "total_employees": 1,
      "filing_date": "2026-01-17"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-02-01",
      "period_label": "February 2026",
      "notes": [
        "Regulatory assets under management went from $1,412,696,239 to $1,821,495,896 (+29%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated January 12, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": "1% of assets a year",
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$1,000,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 1% of assets a year"
        ],
        "quotes": [
          "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."
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "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."
        ]
      }
    ],
    "values": {
      "tiers": [
        {
          "min": null,
          "max": null,
          "rate_pct": 1.0
        }
      ],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 1000000.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "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.",
      "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."
    ],
    "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
    },
    {
      "name": "Pershing LLC",
      "name_as_filed": "PERSHING LLC",
      "affiliated": false
    },
    {
      "name": "U.S. Bank",
      "name_as_filed": "U.S. BANK",
      "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/cacti-asset-management-llc-156131.md",
  "clients": [
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 36,
      "fewer_than_5": false,
      "raum": 346135940.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 1,
      "fewer_than_5": false,
      "raum": 250590579.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 6,
      "fewer_than_5": false,
      "raum": 177552222.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": null,
      "fewer_than_5": true,
      "raum": 1047217155.0
    }
  ],
  "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/156131",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}