{
  "crd_number": 157307,
  "slug": "heronetta-management-l-p-new-york-ny-157307",
  "primary_business_name": "HERONETTA MANAGEMENT, L.P.",
  "legal_name": "HERONETTA MANAGEMENT, L.P.",
  "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": "2012-03-30",
  "years_registered": 14,
  "period": "2026-10-01",
  "filing_date": "2026-03-31",
  "carried_forward": false,
  "raum_total": 253627326.0,
  "raum_discretionary": 253627326.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 5,
  "advisory_employees": 3,
  "client_count_bucket": null,
  "clients_by_type": {
    "high_net_worth_individuals": {
      "raum": 163368335.0,
      "count": 27
    },
    "pooled_investment_vehicles": {
      "raum": 90258991.0,
      "count": 1
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_individuals",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "NY"
  ],
  "websites": [
    "https://heronmgmt.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/157307",
  "city_as_filed": "NEW YORK",
  "url": "https://advisorcensus.com/firm/heronetta-management-l-p-new-york-ny-157307",
  "display_name": "Heronetta Management, L.P.",
  "summary": "Heronetta Management, L.P. is an SEC-registered investment advisory firm in New York, NY, registered since 2012, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 31, 2026.",
  "citation": "AdvisorCensus. Heronetta Management, L.P. (CRD 157307): 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",
    "Portfolio management for pooled investment vehicles (other than investment companies)"
  ],
  "quick_answers": [
    {
      "q": "How is Heronetta Management, L.P. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Heronetta Management, L.P. reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Heronetta Management, L.P. located?",
      "a": "Heronetta Management, L.P.'s principal office is in New York, NY, according to its Form ADV."
    },
    {
      "q": "Is Heronetta Management, L.P. registered with the SEC or a state?",
      "a": "Heronetta Management, L.P. is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 157307."
    },
    {
      "q": "How much does Heronetta Management, L.P. manage?",
      "a": "Heronetta Management, L.P. reports $253,627,326 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary)."
    },
    {
      "q": "How have Heronetta Management, L.P.'s assets and staff changed since 2021?",
      "a": "In the Form ADV data for Heronetta Management, L.P.: Regulatory assets under management: $215,693,682 in the October 2021 data and $253,627,326 in the October 2026 data, up 18%. Total employees: 6 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 Heronetta Management, L.P. serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (27); pooled investment vehicles (other than investment companies and business development companies) (1)."
    },
    {
      "q": "Which custodians does Heronetta Management, L.P. use?",
      "a": "Heronetta Management, L.P.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists J.P. Morgan, Morgan Stanley and UBS as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Heronetta Management, L.P. 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/157307"
    },
    {
      "q": "What changed in Heronetta Management, L.P.'s recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $324,063,202 to $253,627,326 (-22%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 215693682.0,
      "total_employees": 6,
      "filing_date": "2021-03-24"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 245728946.0,
      "total_employees": 5,
      "filing_date": "2022-04-28"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 271076891.0,
      "total_employees": 5,
      "filing_date": "2023-03-24"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 265835137.0,
      "total_employees": 5,
      "filing_date": "2024-03-22"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 324063202.0,
      "total_employees": 5,
      "filing_date": "2025-03-31"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 253627326.0,
      "total_employees": 5,
      "filing_date": "2026-03-31"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $324,063,202 to $253,627,326 (-22%)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "J.P. Morgan",
      "name_as_filed": "J.P. MORGAN",
      "affiliated": false
    },
    {
      "name": "Morgan Stanley",
      "name_as_filed": "MORGAN STANLEY",
      "affiliated": false
    },
    {
      "name": "UBS",
      "name_as_filed": "UBS",
      "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/heronetta-management-l-p-new-york-ny-157307.md",
  "clients": [
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 27,
      "fewer_than_5": false,
      "raum": 163368335.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 1,
      "fewer_than_5": false,
      "raum": 90258991.0
    }
  ],
  "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/157307",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}