{ "crd_number": 106003, "slug": "cambridge-associates-limited-llc-boston-ma-106003", "primary_business_name": "CAMBRIDGE ASSOCIATES LIMITED, LLC", "legal_name": "CAMBRIDGE ASSOCIATES LIMITED, LLC", "dbas": [], "city": "Boston", "state": "MA", "country": "United States", "cbsa_code": "14460", "metro": { "cbsa_code": "14460", "common_name": "Boston", "msa_name": "Boston-Cambridge-Newton, MA-NH", "path": "/advisors/ma/boston" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "1994-01-21", "years_registered": 32, "period": "2026-10-01", "filing_date": "2026-03-31", "carried_forward": false, "raum_total": 8202964130.0, "raum_discretionary": 799100621.0, "raum_non_discretionary": 7403863509.0, "raum_band": "over_5b", "raum_band_label": "Over $5 billion", "total_employees": 15, "advisory_employees": 14, "client_count_bucket": null, "clients_by_type": { "charitable": { "raum": 3946507918.0, "count": 12 }, "high_net_worth_individuals": { "raum": 4256456212.0, "count": 20 } }, "compensation_types": [ "fixed", "other", "percentage_of_aum" ], "advisory_activities": [ "educational_seminars", "financial_planning", "pension_consulting", "periodicals_newsletters", "selection_of_other_advisers" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [], "websites": [ "https://cambridgeassociates.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/106003", "city_as_filed": "BOSTON", "url": "https://advisorcensus.com/firm/cambridge-associates-limited-llc-boston-ma-106003", "display_name": "Cambridge Associates Limited, LLC", "summary": "Cambridge Associates Limited, LLC is an SEC-registered investment advisory firm in Boston, MA, registered since 1994, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.", "citation": "AdvisorCensus. Cambridge Associates Limited, LLC (CRD 106003): 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)", "Other" ], "advisory_activity_labels": [ "Financial planning services", "Pension consulting services", "Selection of other advisers (including private fund managers)", "Publication of periodicals or newsletters", "Educational seminars/workshops" ], "quick_answers": [ { "q": "How is Cambridge Associates Limited, LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Cambridge Associates Limited, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); other." }, { "q": "Where is Cambridge Associates Limited, LLC located?", "a": "Cambridge Associates Limited, LLC's principal office is in Boston, MA, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F)." }, { "q": "Is Cambridge Associates Limited, LLC registered with the SEC or a state?", "a": "Cambridge Associates Limited, LLC is an SEC-registered investment advisory firm, registered since 1994. Status as filed: Approved. CRD 106003." }, { "q": "How much does Cambridge Associates Limited, LLC manage?", "a": "Cambridge Associates Limited, LLC reports $8,202,964,130 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (10% discretionary)." }, { "q": "How have Cambridge Associates Limited, LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for Cambridge Associates Limited, LLC: Regulatory assets under management: $4,092,521,805 in the October 2021 data and $8,202,964,130 in the October 2026 data, up 100%. Total employees: 11 in October 2021 and 15 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Cambridge Associates Limited, LLC serve?", "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (20); charitable organizations (12)." }, { "q": "Which custodians does Cambridge Associates Limited, LLC use?", "a": "Cambridge Associates Limited, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Pictet Bank of Switzerland as a custodian holding 10% or more of its separately managed account assets." }, { "q": "Does Cambridge Associates Limited, 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/106003" }, { "q": "What changed in Cambridge Associates Limited, LLC's recent Form ADV filings?", "a": "In the April 2026 filing data: Employees performing advisory functions went from 13 to 14. Regulatory assets under management went from $5,769,346,194 to $8,202,964,130 (+42%)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 4092521805.0, "total_employees": 11, "filing_date": "2021-07-01" }, { "period": "2022-10-01", "regulatory_assets_under_management": 5893680185.0, "total_employees": 14, "filing_date": "2022-05-19" }, { "period": "2023-10-01", "regulatory_assets_under_management": 5258058441.0, "total_employees": 15, "filing_date": "2023-07-26" }, { "period": "2024-10-01", "regulatory_assets_under_management": 5255462250.0, "total_employees": 15, "filing_date": "2024-09-30" }, { "period": "2025-10-01", "regulatory_assets_under_management": 5769346194.0, "total_employees": 14, "filing_date": "2025-07-25" }, { "period": "2026-10-01", "regulatory_assets_under_management": 8202964130.0, "total_employees": 15, "filing_date": "2026-03-31" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 13 to 14.", "Regulatory assets under management went from $5,769,346,194 to $8,202,964,130 (+42%)." ] } ], "fees_from_brochure": null, "custodians": [ { "name": "Pictet Bank of Switzerland", "name_as_filed": "PICTET BANK OF SWITZERLAND", "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/cambridge-associates-limited-llc-boston-ma-106003.md", "clients": [ { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 20, "fewer_than_5": false, "raum": 4256456212.0 }, { "type": "charitable", "label": "Charitable organizations", "count": 12, "fewer_than_5": false, "raum": 3946507918.0 } ], "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/106003", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }