# Ducenta Squared Asset Management

> Ducenta Squared Asset Management is an SEC-registered investment advisory firm in El Segundo, CA, registered since 2020, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 308920
- Filed as: DUCENTA SQUARED ASSET MANAGEMENT
- Legal name: R Squared BM LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: El Segundo, CA
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/308920
- AdvisorCensus page: https://advisorcensus.com/firm/ducenta-squared-asset-management-el-segundo-ca-308920

## Quick answers

**How is Ducenta Squared Asset Management compensated?**
On its Form ADV (Item 5.E, October 2026), Ducenta Squared Asset Management reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees.

**What does Ducenta Squared Asset Management's brochure say about its fees?**
Its Form ADV Part 2A brochure dated March 31, 2026 states: Asset-based fee: up to 0.55% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Ducenta Squared Asset Management located?**
Ducenta Squared Asset Management's principal office is in El Segundo, CA, according to its Form ADV.

**Is Ducenta Squared Asset Management registered with the SEC or a state?**
Ducenta Squared Asset Management is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 308920.

**How much does Ducenta Squared Asset Management manage?**
Ducenta Squared Asset Management reports $3,348,760,176 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (96% discretionary).

**How have Ducenta Squared Asset Management's assets and staff changed since 2021?**
In the Form ADV data for Ducenta Squared Asset Management: Regulatory assets under management: $3,134,911,913 in the October 2021 data and $3,348,760,176 in the October 2026 data, up 7%. Total employees: 19 in October 2021 and 15 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Ducenta Squared Asset Management serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (424); pension and profit sharing plans (but not the plan participants or government pension plans) (10); state or municipal government entities (including government pension plans) (10).

**Which custodians does Ducenta Squared Asset Management use?**
Ducenta Squared Asset Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Comerica, State Street Bank and Trust Company, The Northern Trust Company and UBS Financial Services Inc. as custodians holding 10% or more of its separately managed account assets.

**Does Ducenta Squared Asset Management 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/308920

**What changed in Ducenta Squared Asset Management's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 10 to 6.

## 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

### Fees and minimums (Form ADV Part 2A brochure dated March 31, 2026)

- Asset-based fee: up to 0.55% of assets a year (the maximum the brochure states)

> The asset -based fees can generally range up to 0.55% (55 basis points) of assets under management in the client account.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Comerica
- State Street Bank and Trust Company
- The Northern Trust Company
- UBS Financial Services Inc.

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: $3,348,760,176
- Discretionary: $3,211,763,468
- Non-discretionary: $136,996,708

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 424 | $565,424,175 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 10 | $1,779,290,463 |
| Charitable organizations | 2 | $43,010,908 |
| State or municipal government entities (including government pension plans) | 10 | $412,171,894 |
| Corporations or other businesses not listed above | 10 | $411,866,028 |
| Other | 1 | $136,996,708 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2020 (6 years)
- Employees: 15 total, 6 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AK, CA, CO, CT, DC, FL, IL, LA, MA, MD, MI, NC, NJ, NY, OH, PA, PR, SC, TX, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- ducentasquared.com
- LinkedIn @65547701

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $3,134,911,913 | 19 | May 7, 2021 |
| October 2022 | $3,413,190,298 | 20 | March 28, 2022 |
| October 2023 | $2,966,809,267 | 18 | March 29, 2023 |
| October 2024 | $3,569,965,846 | 19 | March 28, 2024 |
| October 2025 | $3,168,066,076 | 19 | March 27, 2025 |
| October 2026 | $3,348,760,176 | 15 | March 31, 2026 |

Regulatory assets under management: $3,134,911,913 in the October 2021 data and $3,348,760,176 in the October 2026 data, up 7%.
Total employees: 19 in October 2021 and 15 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 10 to 6.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Ducenta Squared Asset Management (CRD 308920): Form ADV filing data as of October 2026.