# Chesapeake Asset Management LLC

> 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.

- CRD: 108994
- Filed as: CHESAPEAKE ASSET MANAGEMENT LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: April 6, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/108994
- AdvisorCensus page: https://advisorcensus.com/firm/chesapeake-asset-management-llc-new-york-ny-108994

## Quick answers

**How is Chesapeake Asset Management LLC compensated?**
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.

**Where is Chesapeake Asset Management LLC located?**
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).

**Is Chesapeake Asset Management LLC registered with the SEC or a state?**
Chesapeake Asset Management LLC is an SEC-registered investment advisory firm, registered since 1998. Status as filed: Approved. CRD 108994.

**How much does Chesapeake Asset Management LLC manage?**
Chesapeake Asset Management LLC reports $468,792,768 in regulatory assets under management in its Form ADV filing dated April 6, 2026 (44% discretionary).

**How have Chesapeake Asset Management LLC's assets and staff changed since 2021?**
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.

**What types of clients does Chesapeake Asset Management LLC serve?**
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).

**Which custodians does Chesapeake Asset Management LLC use?**
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.

**Does Chesapeake 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/108994

**What changed in Chesapeake Asset Management LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $721,316,872 to $468,792,768 (-35%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Performance-based fees

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab
- Pershing Advisor Solutions LLC

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.

### Regulatory assets under management (Item 5.F)
- Total: $468,792,768
- Discretionary: $204,163,156
- Non-discretionary: $264,629,612

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 65 | $23,211,504 |
| High net worth individuals | 65 | $274,385,665 |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $52,712,067 |
| Charitable organizations | 1 | $3,132,968 |
| Corporations or other businesses not listed above | 6 | $115,350,564 |

### 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
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 1998 (28 years)
- Employees: 5 total, 5 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AR, CA, CO, CT, FL, ID, MA, MD, NC, NE, NJ, NY, PA, TX, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the May 2026 filing
- Boca Raton, FL

### Websites listed on Form ADV (Item 1.I)
- chesman.com
- LinkedIn @11865541

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $916,565,835 | 7 | March 26, 2021 |
| October 2022 | $1,151,651,445 | 7 | July 1, 2022 |
| October 2023 | $652,741,904 | 7 | April 18, 2023 |
| October 2024 | $658,023,341 | 7 | March 19, 2024 |
| October 2025 | $721,316,872 | 7 | March 27, 2025 |
| October 2026 | $468,792,768 | 5 | April 6, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $721,316,872 to $468,792,768 (-35%).

### January 2026
- Registered or notice-filed in NE.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Chesapeake Asset Management LLC (CRD 108994): Form ADV filing data as of October 2026.