{ "crd_number": 109979, "slug": "contrarian-capital-management-llc-greenwich-ct-109979", "primary_business_name": "CONTRARIAN CAPITAL MANAGEMENT LLC", "legal_name": "CONTRARIAN CAPITAL MANAGEMENT LLC", "dbas": [], "city": "Greenwich", "state": "CT", "country": "United States", "cbsa_code": "14860", "metro": { "cbsa_code": "14860", "common_name": "Bridgeport", "msa_name": "Bridgeport-Stamford-Danbury, CT", "path": "/advisors/ct/bridgeport" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "1995-12-15", "years_registered": 30, "period": "2026-10-01", "filing_date": "2026-03-27", "carried_forward": false, "raum_total": 4788303700.0, "raum_discretionary": 4788303700.0, "raum_non_discretionary": 0.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 47, "advisory_employees": 22, "client_count_bucket": "fewer_than_5_in_some_types", "clients_by_type": { "pooled_investment_vehicles": { "raum": 4117151000.0, "count": 23 }, "corporations_other_businesses": { "raum": 671152700.0, "count": 1, "fewer_than_5": true } }, "compensation_types": [ "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 3, "states_registered": [ "CT" ], "websites": [ "https://contrariancapital.com", "https://contrariantradeclaims.com", "https://linkedin.com/COMPANY/CONTRARIAN-CAPITAL-MANAGEMENT" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/109979", "disclosure_items": [ { "item": "11.C(2)", "question": "Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?" }, { "item": "11.C(4)", "question": "Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?" }, { "item": "11.C(5)", "question": "Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?" } ], "city_as_filed": "GREENWICH", "url": "https://advisorcensus.com/firm/contrarian-capital-management-llc-greenwich-ct-109979", "display_name": "Contrarian Capital Management LLC", "summary": "Contrarian Capital Management LLC is an SEC-registered investment advisory firm in Greenwich, CT, registered since 1995, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 27, 2026.", "citation": "AdvisorCensus. Contrarian Capital Management LLC (CRD 109979): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Performance-based fees" ], "advisory_activity_labels": [ "Portfolio management for pooled investment vehicles (other than investment companies)" ], "quick_answers": [ { "q": "How is Contrarian Capital Management LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Contrarian Capital Management LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees." }, { "q": "How much does Contrarian Capital Management LLC charge?", "a": "Its Form ADV Part 2A brochure dated March 27, 2026 states: Asset-based fee: 0.75% to 2% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement." }, { "q": "Where is Contrarian Capital Management LLC located?", "a": "Contrarian Capital Management LLC's principal office is in Greenwich, CT, according to its Form ADV." }, { "q": "Is Contrarian Capital Management LLC registered with the SEC or a state?", "a": "Contrarian Capital Management LLC is an SEC-registered investment advisory firm, registered since 1995. Status as filed: Approved. CRD 109979." }, { "q": "How much does Contrarian Capital Management LLC manage?", "a": "Contrarian Capital Management LLC reports $4,788,303,700 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary)." }, { "q": "How have Contrarian Capital Management LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for Contrarian Capital Management LLC: Regulatory assets under management: $5,164,100,000 in the October 2021 data and $4,788,303,700 in the October 2026 data, down 7%. Total employees: 51 in October 2021 and 47 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Contrarian Capital Management LLC serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (23); corporations or other businesses not listed above (1)." }, { "q": "Which custodians does Contrarian Capital Management LLC use?", "a": "Contrarian Capital Management LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists J.P. Morgan Securities LLC, Merrill Lynch Professional Clearing Corp. and Wells Fargo Securities, LLC as custodians holding 10% or more of its separately managed account assets." }, { "q": "Does Contrarian Capital Management LLC report any disciplinary disclosures?", "a": "Reports 3 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation), 11.C(4) (SEC or CFTC order), and 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/109979" }, { "q": "What changed in Contrarian Capital Management LLC's recent Form ADV filings?", "a": "In the April 2026 filing data: Employees performing advisory functions went from 23 to 22. Updated its list of owners and control persons (Schedule A)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 5164100000.0, "total_employees": 51, "filing_date": "2021-07-08" }, { "period": "2022-10-01", "regulatory_assets_under_management": 4979599438.0, "total_employees": 55, "filing_date": "2022-08-31" }, { "period": "2023-10-01", "regulatory_assets_under_management": 4639529872.0, "total_employees": 49, "filing_date": "2023-06-26" }, { "period": "2024-10-01", "regulatory_assets_under_management": 4584157760.0, "total_employees": 48, "filing_date": "2024-03-28" }, { "period": "2025-10-01", "regulatory_assets_under_management": 4570883167.0, "total_employees": 47, "filing_date": "2025-03-28" }, { "period": "2026-10-01", "regulatory_assets_under_management": 4788303700.0, "total_employees": 47, "filing_date": "2026-03-27" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 23 to 22.", "Updated its list of owners and control persons (Schedule A)." ] } ], "fees_from_brochure": { "source": "Form ADV Part 2A brochure dated March 27, 2026", "provided_by_the_firm": false, "tiers": [], "flat_rate": null, "stated_range": "0.75% to 2% a year", "stated_maximum": null, "account_minimum": null, "account_minimum_may_be_waived": false, "minimum_annual_fee": null, "planning_fees": [], "figures": [ { "label": "Asset-based fee", "statements": [ "Asset-based fee: 0.75% to 2% a year (a range, as the brochure states it)" ], "quotes": [ "Generally, the Adviser charges each client an investment management fee based on the value of the client’s assets under management ranging from 0.75% to 2.0% per annum." ] } ], "values": { "tiers": [], "range_pct": [ 0.75, 2.0 ], "max_pct": null, "account_minimum": null, "minimum_annual_fee": null, "planning": [] }, "quotes": [ "Generally, the Adviser charges each client an investment management fee based on the value of the client’s assets under management ranging from 0.75% to 2.0% per annum." ], "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable." }, "custodians": [ { "name": "J.P. Morgan Securities LLC", "name_as_filed": "J.P. MORGAN SECURITIES LLC", "affiliated": false }, { "name": "Merrill Lynch Professional Clearing Corp.", "name_as_filed": "MERRILL LYNCH PROFESSIONAL CLEARING CORP.", "affiliated": false }, { "name": "Wells Fargo Securities, LLC", "name_as_filed": "WELLS FARGO SECURITIES, 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/contrarian-capital-management-llc-greenwich-ct-109979.md", "clients": [ { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 23, "fewer_than_5": false, "raum": 4117151000.0 }, { "type": "corporations_other_businesses", "label": "Corporations or other businesses not listed above", "count": 1, "fewer_than_5": true, "raum": 671152700.0 } ], "disclosure_line": "Reports 3 disclosure items on Form ADV Item 11.", "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/109979", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }