{
  "crd_number": 136535,
  "slug": "hemisphere-partners-llc-new-york-ny-136535",
  "primary_business_name": "HEMISPHERE PARTNERS LLC",
  "legal_name": "HEMISPHERE PARTNERS 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": "2005-08-22",
  "years_registered": 21,
  "period": "2026-10-01",
  "filing_date": "2026-03-18",
  "carried_forward": false,
  "raum_total": 228854438.0,
  "raum_discretionary": 212137578.0,
  "raum_non_discretionary": 16716860.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 2,
  "advisory_employees": 2,
  "client_count_bucket": null,
  "clients_by_type": {
    "high_net_worth_individuals": {
      "raum": 228854438.0,
      "count": 40
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "other",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "NY"
  ],
  "websites": [],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/136535",
  "city_as_filed": "NEW YORK",
  "url": "https://advisorcensus.com/firm/hemisphere-partners-llc-new-york-ny-136535",
  "display_name": "Hemisphere Partners LLC",
  "summary": "Hemisphere Partners LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2005, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 18, 2026.",
  "citation": "AdvisorCensus. Hemisphere Partners LLC (CRD 136535): 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",
    "Selection of other advisers (including private fund managers)",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Hemisphere Partners LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Hemisphere Partners LLC reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "How much does Hemisphere Partners LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated March 18, 2026 states: Asset-based fee: 0.2% to 1% a year (a range, as the brochure states it); Hourly rate: $400 to $500 an hour (Consulting Services). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Hemisphere Partners LLC located?",
      "a": "Hemisphere Partners LLC's principal office is in New York, NY, according to its Form ADV."
    },
    {
      "q": "Is Hemisphere Partners LLC registered with the SEC or a state?",
      "a": "Hemisphere Partners LLC is an SEC-registered investment advisory firm, registered since 2005. Status as filed: Approved. CRD 136535."
    },
    {
      "q": "How much does Hemisphere Partners LLC manage?",
      "a": "Hemisphere Partners LLC reports $228,854,438 in regulatory assets under management in its Form ADV filing dated March 18, 2026 (93% discretionary)."
    },
    {
      "q": "How have Hemisphere Partners LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Hemisphere Partners LLC: Regulatory assets under management: $257,914,837 in the October 2021 data and $228,854,438 in the October 2026 data, down 11%. Total employees: 2 in October 2021 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Hemisphere Partners LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (40)."
    },
    {
      "q": "Which custodians does Hemisphere Partners LLC use?",
      "a": "Hemisphere Partners LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., J.P. Morgan Securities LLC and Morgan Stanley as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Hemisphere Partners 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/136535"
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 257914837.0,
      "total_employees": 2,
      "filing_date": "2021-08-05"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 287649745.0,
      "total_employees": 2,
      "filing_date": "2022-03-30"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 228886329.0,
      "total_employees": 2,
      "filing_date": "2023-03-30"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 221807061.0,
      "total_employees": 2,
      "filing_date": "2024-03-19"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 208417337.0,
      "total_employees": 2,
      "filing_date": "2025-03-21"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 228854438.0,
      "total_employees": 2,
      "filing_date": "2026-03-18"
    }
  ],
  "recent_changes": [],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 18, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": "0.2% to 1% a year",
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Hourly rate: $400 to $500 an hour (Consulting Services)"
    ],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 0.2% to 1% a year (a range, as the brochure states it)"
        ],
        "quotes": [
          "Our annual fees for our Advisory Services are based upon a percentage of assets under management and generally range from 0.20% to 1.00% per annum."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $400 to $500 an hour (Consulting Services)"
        ],
        "quotes": [
          "Our Consulting Services fees are calculated and charged on an hourly basis, ranging from $400 to $500 per hour or a fixed fee which can be charged quarterly or annually."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": [
        0.2,
        1.0
      ],
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "hourly",
          "amount": null,
          "min": 400.0,
          "max": 500.0,
          "period": "hour",
          "service": "Consulting Services"
        }
      ]
    },
    "quotes": [
      "Our annual fees for our Advisory Services are based upon a percentage of assets under management and generally range from 0.20% to 1.00% per annum.",
      "Our Consulting Services fees are calculated and charged on an hourly basis, ranging from $400 to $500 per hour or a fixed fee which can be charged quarterly or annually."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "J.P. Morgan Securities LLC",
      "name_as_filed": "J.P. MORGAN SECURITIES LLC",
      "affiliated": false
    },
    {
      "name": "Morgan Stanley",
      "name_as_filed": "MORGAN STANLEY",
      "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/hemisphere-partners-llc-new-york-ny-136535.md",
  "clients": [
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 40,
      "fewer_than_5": false,
      "raum": 228854438.0
    }
  ],
  "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/136535",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}