{
  "crd_number": 300050,
  "slug": "gamma-asset-management-llc-san-juan-pr-300050",
  "primary_business_name": "GAMMA ASSET MANAGEMENT LLC",
  "legal_name": "GAMMA ASSET MANAGEMENT LLC",
  "dbas": [],
  "city": "San Juan",
  "state": "PR",
  "country": "United States",
  "cbsa_code": "41980",
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2024-03-27",
  "years_registered": 2,
  "period": "2026-10-01",
  "filing_date": "2026-09-17",
  "carried_forward": false,
  "raum_total": 424799105.0,
  "raum_discretionary": 417461492.0,
  "raum_non_discretionary": 7337613.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 13,
  "advisory_employees": 8,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": null,
      "count": 0
    },
    "individuals": {
      "raum": 18621346.0,
      "count": 51
    },
    "banking_thrift": {
      "raum": 981657.0,
      "count": 0,
      "fewer_than_5": true
    },
    "state_municipal": {
      "raum": null,
      "count": 0
    },
    "insurance_companies": {
      "raum": null,
      "count": 0
    },
    "investment_companies": {
      "raum": null,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": null,
      "count": 0
    },
    "other_investment_advisers": {
      "raum": null,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 29110943.0,
      "count": 12
    },
    "pooled_investment_vehicles": {
      "raum": 36447222.0,
      "count": 1
    },
    "corporations_other_businesses": {
      "raum": 339637937.0,
      "count": 39
    },
    "business_development_companies": {
      "raum": null,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": null,
      "count": 0
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "FL",
    "NY",
    "PA",
    "PR"
  ],
  "websites": [
    "https://gammaam.com",
    "https://linkedin.com/company/gamma-international-bank-lnc"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/300050",
  "city_as_filed": "SAN JUAN",
  "url": "https://advisorcensus.com/firm/gamma-asset-management-llc-san-juan-pr-300050",
  "display_name": "Gamma Asset Management LLC",
  "summary": "Gamma Asset Management LLC is an SEC-registered investment advisory firm in San Juan, PR, registered since 2024, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated September 17, 2026.",
  "citation": "AdvisorCensus. Gamma Asset Management LLC (CRD 300050): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is Gamma Asset Management LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Gamma Asset Management LLC reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "How much does Gamma Asset Management LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated February 24, 2026 states: Up to $1,999,999.99: 1% a year; $2,000,000 to $9,999,999.99: 0.8% a year; $10,000,000 to $24,999,999.99: 0.7% a year; $25,000,000 to $49,999,999.99: 0.6% a year; Above $50,000,000: 0.5% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Gamma Asset Management LLC located?",
      "a": "Gamma Asset Management LLC's principal office is in San Juan, PR, according to its Form ADV; the October 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Gamma Asset Management LLC registered with the SEC or a state?",
      "a": "Gamma Asset Management LLC is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 300050."
    },
    {
      "q": "How much does Gamma Asset Management LLC manage?",
      "a": "Gamma Asset Management LLC reports $424,799,105 in regulatory assets under management in its Form ADV filing dated September 17, 2026 (98% discretionary)."
    },
    {
      "q": "How have Gamma Asset Management LLC's assets and staff changed since 2024?",
      "a": "In the Form ADV data for Gamma Asset Management LLC: Regulatory assets under management: $100,595,428 in the October 2024 data and $424,799,105 in the October 2026 data, up 322%. Total employees: 8 in October 2024 and 13 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Gamma Asset Management LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (51); corporations or other businesses not listed above (39); high net worth individuals (12)."
    },
    {
      "q": "Which custodians does Gamma Asset Management LLC use?",
      "a": "Gamma Asset Management LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists AV Securities Inc., Interactive Brokers LLC, J.P. Morgan Securities LLC and Pershing LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Gamma Asset 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/300050"
    },
    {
      "q": "What changed in Gamma Asset Management LLC's recent Form ADV filings?",
      "a": "In the October 2026 filing data: Registered or notice-filed in CA."
    }
  ],
  "filing_history": [
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 100595428.0,
      "total_employees": 8,
      "filing_date": "2024-05-01"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 269236959.0,
      "total_employees": 10,
      "filing_date": "2025-03-14"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 424799105.0,
      "total_employees": 13,
      "filing_date": "2026-09-17"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-10-01",
      "period_label": "October 2026",
      "notes": [
        "Registered or notice-filed in CA."
      ]
    },
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Employees performing advisory functions went from 7 to 8.",
        "Regulatory assets under management went from $269,236,959 to $424,799,105 (+58%).",
        "Added an office in Miami, FL."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated February 24, 2026",
    "provided_by_the_firm": false,
    "tiers": [
      {
        "band": "Up to $1,999,999.99",
        "rate": "1%"
      },
      {
        "band": "$2,000,000 to $9,999,999.99",
        "rate": "0.8%"
      },
      {
        "band": "$10,000,000 to $24,999,999.99",
        "rate": "0.7%"
      },
      {
        "band": "$25,000,000 to $49,999,999.99",
        "rate": "0.6%"
      },
      {
        "band": "Above $50,000,000",
        "rate": "0.5%"
      }
    ],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Fee schedule",
        "statements": [
          "Up to $1,999,999.99: 1% a year",
          "$2,000,000 to $9,999,999.99: 0.8% a year",
          "$10,000,000 to $24,999,999.99: 0.7% a year",
          "$25,000,000 to $49,999,999.99: 0.6% a year",
          "Above $50,000,000: 0.5% a year"
        ],
        "quotes": [
          "Generally, and pursuant to contract, fees for the management of Accounts will be based upon a percentage of the total assets in the account (including margined assets). Advisers typically receive an annual management fee, between 0.50% and 1.00% of the net asset value of the Account.",
          "Account Value Range Fee Percentage\n$0.00-$1,999,999.99 1.00%\n$2,000,000-$9,999,999.99 0.80%\n$10,000,000.00 to $24,999,999.99 0.70%\n$25,000,000.00-$49,999,999.99 0.60%\nOver $50,000,000.00 0.50%",
          "All fees are negotiable."
        ]
      }
    ],
    "values": {
      "tiers": [
        {
          "min": 0.0,
          "max": 1999999.99,
          "rate_pct": 1.0
        },
        {
          "min": 2000000.0,
          "max": 9999999.99,
          "rate_pct": 0.8
        },
        {
          "min": 10000000.0,
          "max": 24999999.99,
          "rate_pct": 0.7
        },
        {
          "min": 25000000.0,
          "max": 49999999.99,
          "rate_pct": 0.6
        },
        {
          "min": 50000000.0,
          "max": null,
          "rate_pct": 0.5
        }
      ],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "Generally, and pursuant to contract, fees for the management of Accounts will be based upon a percentage of the total assets in the account (including margined assets). Advisers typically receive an annual management fee, between 0.50% and 1.00% of the net asset value of the Account.",
      "Account Value Range Fee Percentage\n$0.00-$1,999,999.99 1.00%\n$2,000,000-$9,999,999.99 0.80%\n$10,000,000.00 to $24,999,999.99 0.70%\n$25,000,000.00-$49,999,999.99 0.60%\nOver $50,000,000.00 0.50%",
      "All fees are negotiable."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "AV Securities Inc.",
      "name_as_filed": "AV SECURITIES INC.",
      "affiliated": false
    },
    {
      "name": "Interactive Brokers LLC",
      "name_as_filed": "INTERACTIVE BROKERS LLC",
      "affiliated": false
    },
    {
      "name": "J.P. Morgan Securities LLC",
      "name_as_filed": "J.P. MORGAN SECURITIES LLC",
      "affiliated": false
    },
    {
      "name": "Pershing LLC",
      "name_as_filed": "PERSHING 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/gamma-asset-management-llc-san-juan-pr-300050.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 51,
      "fewer_than_5": false,
      "raum": 18621346.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 12,
      "fewer_than_5": false,
      "raum": 29110943.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": true,
      "raum": 981657.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 1,
      "fewer_than_5": false,
      "raum": 36447222.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 39,
      "fewer_than_5": false,
      "raum": 339637937.0
    }
  ],
  "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/300050",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}