# Horse Cove Partners LLC

> Horse Cove Partners LLC is an SEC-registered investment advisory firm in Atlanta, GA, registered since 2024, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 172389
- Filed as: HORSE COVE PARTNERS LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Atlanta, GA
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/172389
- AdvisorCensus page: https://advisorcensus.com/firm/horse-cove-partners-llc-atlanta-ga-172389

## Quick answers

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

**What does Horse Cove Partners LLC's brochure say about its fees?**
Its Form ADV Part 2A brochure dated March 31, 2026 states: Asset-based fee: up to 2.5% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Horse Cove Partners LLC located?**
Horse Cove Partners LLC's principal office is in Atlanta, GA, according to its Form ADV; the April 2026 filing also lists 3 other offices (Schedule D, Section 1.F).

**Is Horse Cove Partners LLC registered with the SEC or a state?**
Horse Cove Partners LLC is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 172389.

**How much does Horse Cove Partners LLC manage?**
Horse Cove Partners LLC reports $106,620,611 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have Horse Cove Partners LLC's assets and staff changed since 2024?**
In the Form ADV data for Horse Cove Partners LLC: Regulatory assets under management: $101,992,666 in the October 2024 data and $106,620,611 in the October 2026 data, up 5%. Total employees: 7 in October 2024 and 9 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Horse Cove Partners LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (25); individuals (other than high net worth individuals) (9); corporations or other businesses not listed above (3).

**Which custodians does Horse Cove Partners LLC use?**
Horse Cove Partners LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Interactive Brokers LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Horse Cove Partners 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/172389

**Does Horse Cove Partners LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 31, 2026 says: "There is also a minimum investment of $25,000 to become Separately Managed Account client of Horse Cove. This can minimum may be waived at Horse Cove’s discretion."

**What changed in Horse Cove Partners LLC's recent Form ADV filings?**
In the April 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 31, 2026)

- Asset-based fee: up to 2.5% of assets a year (the maximum the brochure states)

> Horse Cove receives a management fee of no more than 2.5% per annum.

> Horse Cove reserves the right to negotiate fees with clients and charge a higher or lower fee than the fees described below.

- Account minimum: $25,000 (the brochure says it may be waived or negotiated)

> There is also a minimum investment of $25,000 to become Separately Managed Account client of Horse Cove. This can minimum may be waived at Horse Cove’s discretion.

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

### Custodians (Schedule D, Section 5.K(3))
- Interactive Brokers 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: $106,620,611
- Discretionary: $106,620,611
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 9 | $1,595,299 |
| High net worth individuals | 25 | $23,806,441 |
| Banking or thrift institutions | 1 | $52,254,062 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 2 | $27,910,591 |
| Corporations or other businesses not listed above | 3 | $1,054,218 |

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

### Firm details
- Registered since: 2024 (2 years)
- Employees: 9 total, 5 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: DE, FL, GA, IN, PA, TN, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Center Valley, PA
- Naples, FL
- Nolensville, TN

### Websites listed on Form ADV (Item 1.I)
- horsecovepartners.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2024 | $101,992,666 | 7 | May 15, 2024 |
| October 2025 | $101,564,415 | 9 | July 30, 2025 |
| October 2026 | $106,620,611 | 9 | March 31, 2026 |

Regulatory assets under management: $101,992,666 in the October 2024 data and $106,620,611 in the October 2026 data, up 5%.
Total employees: 7 in October 2024 and 9 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Updated its list of owners and control persons (Schedule A).

### January 2026
- No longer registered or notice-filed in NJ.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Horse Cove Partners LLC (CRD 172389): Form ADV filing data as of October 2026.