# Commonwealth Asset Management LP

> Commonwealth Asset Management LP is an SEC-registered investment advisory firm in Los Angeles, CA, registered since 2026, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated June 29, 2026.

- CRD: 306098
- Filed as: COMMONWEALTH ASSET MANAGEMENT LP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Los Angeles, CA
- Filing period: October 2026
- Form ADV filing dated: June 29, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/306098
- AdvisorCensus page: https://advisorcensus.com/firm/commonwealth-asset-management-lp-los-angeles-ca-306098

## Quick answers

**How is Commonwealth Asset Management LP compensated?**
On its Form ADV (Item 5.E, October 2026), Commonwealth Asset Management LP reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Commonwealth Asset Management LP located?**
Commonwealth Asset Management LP's principal office is in Los Angeles, CA, according to its Form ADV.

**Is Commonwealth Asset Management LP registered with the SEC or a state?**
Commonwealth Asset Management LP is an SEC-registered investment advisory firm, registered since 2026. Status as filed: Approved. CRD 306098.

**How much does Commonwealth Asset Management LP manage?**
Commonwealth Asset Management LP reports $295,683,751 in regulatory assets under management in its Form ADV filing dated June 29, 2026 (0% discretionary).

**How have Commonwealth Asset Management LP's assets and staff changed since 2021?**
In the Form ADV data for Commonwealth Asset Management LP: Regulatory assets under management: $317,611,291 in the October 2021 data and $295,683,751 in the October 2026 data, down 7%. Total employees: 15 in October 2021 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Commonwealth Asset Management LP serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (3).

**Does Commonwealth Asset Management LP 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/306098

**What changed in Commonwealth Asset Management LP's recent Form ADV filings?**
In the April 2026 filing data: Updated its list of owners and control persons (Schedule A).

## 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

### Regulatory assets under management (Item 5.F)
- Total: $295,683,751
- Discretionary: $0
- Non-discretionary: $295,683,751

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $295,683,751 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2026 (0 years)
- Employees: 4 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- cwamgroup.com
- LinkedIn @commonwealth-asset-management-lp

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $317,611,291 | 15 | September 7, 2021 |
| October 2022 | $387,237,454 | 17 | July 6, 2022 |
| October 2023 | $1,506,977,395 | 27 | August 25, 2023 |
| October 2024 | Not reported | Not reported | August 7, 2024 |
| October 2025 | Not reported | Not reported | February 27, 2025 |
| October 2026 | $295,683,751 | 4 | June 29, 2026 |

Regulatory assets under management: $317,611,291 in the October 2021 data and $295,683,751 in the October 2026 data, down 7%.
Total employees: 15 in October 2021 and 4 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Commonwealth Asset Management LP (CRD 306098): Form ADV filing data as of October 2026.