# Emerald Separate Account Management LLC

> Emerald Separate Account Management LLC is an SEC-registered investment advisory firm in Leola, PA, registered since 2009, reporting under $25 million in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 150202
- Filed as: EMERALD SEPARATE ACCOUNT MANAGEMENT LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Leola, PA
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/150202
- AdvisorCensus page: https://advisorcensus.com/firm/emerald-separate-account-management-llc-leola-pa-150202

## Quick answers

**How is Emerald Separate Account Management LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Emerald Separate Account Management LLC reports these compensation arrangements: a percentage of assets under its management.

**Where is Emerald Separate Account Management LLC located?**
Emerald Separate Account Management LLC's principal office is in Leola, PA, according to its Form ADV.

**Is Emerald Separate Account Management LLC registered with the SEC or a state?**
Emerald Separate Account Management LLC is an SEC-registered investment advisory firm, registered since 2009. Status as filed: Approved. CRD 150202.

**How much does Emerald Separate Account Management LLC manage?**
Emerald Separate Account Management LLC reports $21,300,000 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary).

**How have Emerald Separate Account Management LLC's assets and staff changed since 2021?**
In the Form ADV data for Emerald Separate Account Management LLC: Regulatory assets under management: $15,191,539 in the October 2021 data and $21,300,000 in the October 2026 data, up 40%. Total employees: 5 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 Emerald Separate Account Management LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (1).

**Does Emerald Separate Account 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/150202

**Does Emerald Separate Account Management LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 30, 2026 says: "EMSAM’s normal minimum to establish an account is $1,000,000. However, EMSAM may reduce the minimum for certain types of accounts such as high net worth individuals."

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Fees and minimums (Form ADV Part 2A brochure dated March 30, 2026)

- Account minimum: $1,000,000

> EMSAM’s normal minimum to establish an account is $1,000,000. However, EMSAM may reduce the minimum for certain types of accounts such as high net worth individuals.

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

### Regulatory assets under management (Item 5.F)
- Total: $21,300,000
- Discretionary: $21,300,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $21,300,000 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2009 (17 years)
- Employees: 5 total, 4 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $15,191,539 | 5 | March 30, 2021 |
| October 2022 | $29,269,851 | 5 | March 31, 2022 |
| October 2023 | $23,688,594 | 5 | April 14, 2023 |
| October 2024 | $16,300,000 | 5 | March 29, 2024 |
| October 2025 | $22,500,000 | 5 | March 28, 2025 |
| October 2026 | $21,300,000 | 5 | March 30, 2026 |

Regulatory assets under management: $15,191,539 in the October 2021 data and $21,300,000 in the October 2026 data, up 40%.
Total employees: 5 in October 2021 and 5 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Emerald Separate Account Management LLC (CRD 150202): Form ADV filing data as of October 2026.