{
  "crd_number": 108994,
  "slug": "chesapeake-asset-management-llc-new-york-ny-108994",
  "primary_business_name": "CHESAPEAKE ASSET MANAGEMENT LLC",
  "legal_name": "CHESAPEAKE ASSET MANAGEMENT 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": "1998-02-05",
  "years_registered": 28,
  "period": "2026-10-01",
  "filing_date": "2026-04-06",
  "carried_forward": false,
  "raum_total": 468792768.0,
  "raum_discretionary": 204163156.0,
  "raum_non_discretionary": 264629612.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 5,
  "advisory_employees": 5,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": 3132968.0,
      "count": 1
    },
    "individuals": {
      "raum": 23211504.0,
      "count": 65
    },
    "high_net_worth_individuals": {
      "raum": 274385665.0,
      "count": 65
    },
    "pooled_investment_vehicles": {
      "raum": 52712067.0,
      "count": 1
    },
    "corporations_other_businesses": {
      "raum": 115350564.0,
      "count": 6
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_pooled_vehicles",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AR",
    "CA",
    "CO",
    "CT",
    "FL",
    "ID",
    "MA",
    "MD",
    "NC",
    "NE",
    "NJ",
    "NY",
    "PA",
    "TX",
    "VA"
  ],
  "websites": [
    "https://chesman.com",
    "https://linkedin.com/company/11865541"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/108994",
  "city_as_filed": "NEW YORK",
  "url": "https://advisorcensus.com/firm/chesapeake-asset-management-llc-new-york-ny-108994",
  "display_name": "Chesapeake Asset Management LLC",
  "summary": "Chesapeake Asset Management LLC is an SEC-registered investment advisory firm in New York, NY, registered since 1998, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated April 6, 2026.",
  "citation": "AdvisorCensus. Chesapeake Asset Management LLC (CRD 108994): 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",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Chesapeake Asset Management LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Chesapeake Asset Management LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees."
    },
    {
      "q": "Where is Chesapeake Asset Management LLC located?",
      "a": "Chesapeake Asset Management LLC's principal office is in New York, NY, according to its Form ADV; the May 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Chesapeake Asset Management LLC registered with the SEC or a state?",
      "a": "Chesapeake Asset Management LLC is an SEC-registered investment advisory firm, registered since 1998. Status as filed: Approved. CRD 108994."
    },
    {
      "q": "How much does Chesapeake Asset Management LLC manage?",
      "a": "Chesapeake Asset Management LLC reports $468,792,768 in regulatory assets under management in its Form ADV filing dated April 6, 2026 (44% discretionary)."
    },
    {
      "q": "How have Chesapeake Asset Management LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Chesapeake Asset Management LLC: Regulatory assets under management: $916,565,835 in the October 2021 data and $468,792,768 in the October 2026 data, down 49%. Total employees: 7 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Chesapeake Asset Management LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (65); high net worth individuals (65); corporations or other businesses not listed above (6)."
    },
    {
      "q": "Which custodians does Chesapeake Asset Management LLC use?",
      "a": "Chesapeake Asset Management LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab and Pershing Advisor Solutions LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Chesapeake 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/108994"
    },
    {
      "q": "What changed in Chesapeake Asset Management LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $721,316,872 to $468,792,768 (-35%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 916565835.0,
      "total_employees": 7,
      "filing_date": "2021-03-26"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 1151651445.0,
      "total_employees": 7,
      "filing_date": "2022-07-01"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 652741904.0,
      "total_employees": 7,
      "filing_date": "2023-04-18"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 658023341.0,
      "total_employees": 7,
      "filing_date": "2024-03-19"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 721316872.0,
      "total_employees": 7,
      "filing_date": "2025-03-27"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 468792768.0,
      "total_employees": 5,
      "filing_date": "2026-04-06"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $721,316,872 to $468,792,768 (-35%)."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "Registered or notice-filed in NE."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Charles Schwab",
      "name_as_filed": "CHARLES SCHWAB",
      "affiliated": false
    },
    {
      "name": "Pershing Advisor Solutions LLC",
      "name_as_filed": "PERSHING ADVISOR SOLUTIONS LLC",
      "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/chesapeake-asset-management-llc-new-york-ny-108994.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 65,
      "fewer_than_5": false,
      "raum": 23211504.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 65,
      "fewer_than_5": false,
      "raum": 274385665.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 1,
      "fewer_than_5": false,
      "raum": 52712067.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 1,
      "fewer_than_5": false,
      "raum": 3132968.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 6,
      "fewer_than_5": false,
      "raum": 115350564.0
    }
  ],
  "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/108994",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}