{
  "crd_number": 291069,
  "slug": "fenix-trading-new-york-ny-291069",
  "primary_business_name": "FENIX TRADING",
  "legal_name": "FENIX ASSET MANAGEMENT, LLC",
  "dbas": [],
  "city": "New York",
  "state": "NY",
  "country": "United States",
  "cbsa_code": "35620",
  "metro": {
    "cbsa_code": "35620",
    "common_name": "New York",
    "msa_name": "New York-Newark-Jersey City, NY-NJ",
    "path": "/advisors/ny/new-york"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2017-12-14",
  "years_registered": 8,
  "period": "2026-10-01",
  "filing_date": "2026-02-18",
  "carried_forward": false,
  "raum_total": 160423060.0,
  "raum_discretionary": 135221065.0,
  "raum_non_discretionary": 25201995.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 5,
  "advisory_employees": 4,
  "client_count_bucket": null,
  "clients_by_type": {
    "high_net_worth_individuals": {
      "raum": 99866141.0,
      "count": 343
    },
    "corporations_other_businesses": {
      "raum": 60556919.0,
      "count": 104
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "other",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 1,
  "states_registered": [
    "DE",
    "FL",
    "WY"
  ],
  "websites": [],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/291069",
  "disclosure_items": [
    {
      "item": "11.E(2)",
      "question": "Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?"
    }
  ],
  "city_as_filed": "NEW YORK",
  "url": "https://advisorcensus.com/firm/fenix-trading-new-york-ny-291069",
  "display_name": "Fenix Trading",
  "summary": "Fenix Trading is an SEC-registered investment advisory firm in New York, NY, registered since 2017, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated February 18, 2026.",
  "citation": "AdvisorCensus. Fenix Trading (CRD 291069): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)",
    "Other"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Fenix Trading compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Fenix Trading reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); other. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Fenix Trading located?",
      "a": "Fenix Trading's principal office is in New York, NY, according to its Form ADV."
    },
    {
      "q": "Is Fenix Trading registered with the SEC or a state?",
      "a": "Fenix Trading is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 291069."
    },
    {
      "q": "How much does Fenix Trading manage?",
      "a": "Fenix Trading reports $160,423,060 in regulatory assets under management in its Form ADV filing dated February 18, 2026 (84% discretionary)."
    },
    {
      "q": "How have Fenix Trading's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Fenix Trading: Regulatory assets under management: $88,518,472 in the October 2021 data and $160,423,060 in the October 2026 data, up 81%. Total employees: 3 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Fenix Trading serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (343); corporations or other businesses not listed above (104)."
    },
    {
      "q": "Which custodians does Fenix Trading use?",
      "a": "Fenix Trading's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Stonex Financial Inc. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Fenix Trading report any disciplinary disclosures?",
      "a": "Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.E(2) (self-regulatory organization's finding of a rule violation). 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/291069"
    },
    {
      "q": "What changed in Fenix Trading's recent Form ADV filings?",
      "a": "In the March 2026 filing data: Employees performing advisory functions went from 3 to 4. Regulatory assets under management went from $132,784,603 to $160,423,060 (+21%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 88518472.0,
      "total_employees": 3,
      "filing_date": "2021-06-15"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 92000000.0,
      "total_employees": 3,
      "filing_date": "2022-01-25"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 67044749.0,
      "total_employees": 3,
      "filing_date": "2023-08-31"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 119143905.0,
      "total_employees": 3,
      "filing_date": "2024-02-12"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 132784603.0,
      "total_employees": 3,
      "filing_date": "2025-03-21"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 160423060.0,
      "total_employees": 5,
      "filing_date": "2026-02-18"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Employees performing advisory functions went from 3 to 4.",
        "Regulatory assets under management went from $132,784,603 to $160,423,060 (+21%)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Stonex Financial Inc.",
      "name_as_filed": "STONEX FINANCIAL INC.",
      "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/fenix-trading-new-york-ny-291069.md",
  "clients": [
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 343,
      "fewer_than_5": false,
      "raum": 99866141.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 104,
      "fewer_than_5": false,
      "raum": 60556919.0
    }
  ],
  "disclosure_line": "Reports 1 disclosure item 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/291069",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}