# Highpass Asset Management LLC

> Highpass Asset Management LLC is an SEC-registered investment advisory firm in Denver, CO, registered since 2020, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated May 29, 2026.

- CRD: 159535
- Filed as: HIGHPASS ASSET MANAGEMENT LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Denver, CO
- Filing period: October 2026
- Form ADV filing dated: May 29, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/159535
- AdvisorCensus page: https://advisorcensus.com/firm/highpass-asset-management-llc-denver-co-159535

## Quick answers

**How is Highpass Asset Management LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Highpass Asset Management LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**How much does Highpass Asset Management LLC charge?**
Its Form ADV Part 2A brochure dated May 29, 2026 states: Flat fee: $5,000 to $20,000 (financial planning services); Hourly rate: $750 an hour (financial planning services). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Highpass Asset Management LLC located?**
Highpass Asset Management LLC's principal office is in Denver, CO, according to its Form ADV.

**Is Highpass Asset Management LLC registered with the SEC or a state?**
Highpass Asset Management LLC is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 159535.

**How much does Highpass Asset Management LLC manage?**
Highpass Asset Management LLC reports $218,216,975 in regulatory assets under management in its Form ADV filing dated May 29, 2026 (100% discretionary).

**How have Highpass Asset Management LLC's assets and staff changed since 2021?**
In the Form ADV data for Highpass Asset Management LLC: Regulatory assets under management: $150,433,315 in the October 2021 data and $218,216,975 in the October 2026 data, up 45%. 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.

**What types of clients does Highpass Asset Management LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (67); individuals (other than high net worth individuals) (28).

**Which custodians does Highpass Asset Management LLC use?**
Highpass Asset Management LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Brokerage Services LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Highpass Asset 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/159535

**Does Highpass Asset Management LLC state an account minimum?**
Its Form ADV Part 2A brochure dated May 29, 2026 says: "As a condition for starting and maintaining a relationship, HPAM imposes a minimum portfolio size of $1,000,000."

**What changed in Highpass Asset Management LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $156,667,425 to $218,216,975 (+39%). Registered or notice-filed in FL.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated May 29, 2026)

- Account minimum: $1,000,000

> As a condition for starting and maintaining a relationship, HPAM imposes a minimum portfolio size of $1,000,000.

- Flat fee: $5,000 to $20,000 (financial planning services)

> These fees are negotiable, but generally range from $5,000 to $20,000 on a fixed fee basis or are charged at a flat fee of $750 on an hourly rate basis

- Hourly rate: $750 an hour (financial planning services)

> These fees are negotiable, but generally range from $5,000 to $20,000 on a fixed fee basis or are charged at a flat fee of $750 on an hourly rate basis

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

### Custodians (Schedule D, Section 5.K(3))
- Fidelity Brokerage Services LLC

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.

### Regulatory assets under management (Item 5.F)
- Total: $218,216,975
- Discretionary: $218,216,975
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 28 | $15,964,030 |
| High net worth individuals | 67 | $202,252,945 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2020 (6 years)
- Employees: 2 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CO, FL, OH, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- highpassasset.com
- Facebook @HighPassAssetManagement
- Instagram @highpassassetmanagement
- LinkedIn @ethan-s-braid-cfa-82428420
- YouTube @HighPassasset

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $150,433,315 | 2 | February 11, 2021 |
| October 2022 | $174,796,637 | 2 | March 16, 2022 |
| October 2023 | $162,222,623 | 2 | March 21, 2023 |
| October 2024 | $160,097,599 | 2 | March 20, 2024 |
| October 2025 | $156,667,425 | 2 | March 5, 2025 |
| October 2026 | $218,216,975 | 2 | May 29, 2026 |

Regulatory assets under management: $150,433,315 in the October 2021 data and $218,216,975 in the October 2026 data, up 45%.
Total employees: 2 in October 2021 and 2 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $156,667,425 to $218,216,975 (+39%).
- Registered or notice-filed in FL.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Highpass Asset Management LLC (CRD 159535): Form ADV filing data as of October 2026.