{
  "crd_number": 139620,
  "slug": "crescat-portfolio-management-llc-denver-co-139620",
  "primary_business_name": "CRESCAT PORTFOLIO MANAGEMENT LLC",
  "legal_name": "CRESCAT PORTFOLIO MANAGEMENT LLC",
  "dbas": [],
  "city": "Denver",
  "state": "CO",
  "country": "United States",
  "cbsa_code": "19740",
  "metro": {
    "cbsa_code": "19740",
    "common_name": "Denver",
    "msa_name": "Denver-Aurora-Centennial, CO",
    "path": "/advisors/co/denver"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2008-04-02",
  "years_registered": 18,
  "period": "2026-10-01",
  "filing_date": "2026-03-27",
  "carried_forward": false,
  "raum_total": 536060213.0,
  "raum_discretionary": 536060213.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 10,
  "advisory_employees": 6,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 1148762.0,
      "count": 1,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 9760464.0,
      "count": 78
    },
    "other_investment_advisers": {
      "raum": 10785966.0,
      "count": 1,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 9079607.0,
      "count": 23
    },
    "pooled_investment_vehicles": {
      "raum": 505285414.0,
      "count": 16
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_individuals",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AZ",
    "CA",
    "CO",
    "IL",
    "NH",
    "NY",
    "TX",
    "WA"
  ],
  "websites": [
    "https://crescat.net",
    "https://linkedin.com/COMPANY/1710968",
    "https://linkedin.com/in/crescatkevin",
    "https://twitter.com/CRESCATKEVIN",
    "https://twitter.com/CRESCAT_CAPITAL",
    "https://youtube.com/channel/UC5xZQPnkw1zsrpYpHenaWBw"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/139620",
  "city_as_filed": "DENVER",
  "url": "https://advisorcensus.com/firm/crescat-portfolio-management-llc-denver-co-139620",
  "display_name": "Crescat Portfolio Management LLC",
  "summary": "Crescat Portfolio Management LLC is an SEC-registered investment advisory firm in Denver, CO, registered since 2008, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 27, 2026.",
  "citation": "AdvisorCensus. Crescat Portfolio Management LLC (CRD 139620): 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 individuals and/or small businesses",
    "Portfolio management for pooled investment vehicles (other than investment companies)"
  ],
  "quick_answers": [
    {
      "q": "How is Crescat Portfolio Management LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Crescat Portfolio Management LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Crescat Portfolio Management LLC located?",
      "a": "Crescat Portfolio Management LLC's principal office is in Denver, CO, according to its Form ADV."
    },
    {
      "q": "Is Crescat Portfolio Management LLC registered with the SEC or a state?",
      "a": "Crescat Portfolio Management LLC is an SEC-registered investment advisory firm, registered since 2008. Status as filed: Approved. CRD 139620."
    },
    {
      "q": "How much does Crescat Portfolio Management LLC manage?",
      "a": "Crescat Portfolio Management LLC reports $536,060,213 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary)."
    },
    {
      "q": "How have Crescat Portfolio Management LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Crescat Portfolio Management LLC: Regulatory assets under management: $209,869,748 in the October 2021 data and $536,060,213 in the October 2026 data, up 155%. Total employees: 10 in October 2021 and 10 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Crescat Portfolio Management LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (78); high net worth individuals (23); pooled investment vehicles (other than investment companies and business development companies) (16)."
    },
    {
      "q": "Which custodians does Crescat Portfolio Management LLC use?",
      "a": "Crescat Portfolio Management LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Axos Clearing LLC and Interactive Brokers LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Crescat Portfolio 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/139620"
    },
    {
      "q": "What changed in Crescat Portfolio Management LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $223,772,565 to $536,060,213 (+140%). Employees performing advisory functions went from 7 to 6. Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 209869748.0,
      "total_employees": 10,
      "filing_date": "2021-09-29"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 393139452.0,
      "total_employees": 10,
      "filing_date": "2022-05-16"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 354685690.0,
      "total_employees": 10,
      "filing_date": "2023-03-29"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 273769442.0,
      "total_employees": 14,
      "filing_date": "2024-03-27"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 223772565.0,
      "total_employees": 11,
      "filing_date": "2025-03-24"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 536060213.0,
      "total_employees": 10,
      "filing_date": "2026-03-27"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $223,772,565 to $536,060,213 (+140%).",
        "Employees performing advisory functions went from 7 to 6.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Axos Clearing LLC",
      "name_as_filed": "AXOS CLEARING LLC",
      "affiliated": false
    },
    {
      "name": "Interactive Brokers LLC",
      "name_as_filed": "INTERACTIVE BROKERS 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/crescat-portfolio-management-llc-denver-co-139620.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 78,
      "fewer_than_5": false,
      "raum": 9760464.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 23,
      "fewer_than_5": false,
      "raum": 9079607.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 16,
      "fewer_than_5": false,
      "raum": 505285414.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 1,
      "fewer_than_5": true,
      "raum": 1148762.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 1,
      "fewer_than_5": true,
      "raum": 10785966.0
    }
  ],
  "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/139620",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}