{
  "crd_number": 166980,
  "slug": "lap-latin-american-partners-washington-dc-166980",
  "primary_business_name": "LAP LATIN AMERICAN PARTNERS",
  "legal_name": "LAP LATIN AMERICAN PARTNERS LLC",
  "dbas": [
    "EMP LATIN AMERICA"
  ],
  "city": "Washington",
  "state": "DC",
  "country": "United States",
  "cbsa_code": "47900",
  "metro": {
    "cbsa_code": "47900",
    "common_name": "Washington",
    "msa_name": "Washington-Arlington-Alexandria, DC-VA-MD-WV",
    "path": "/advisors/dc/washington"
  },
  "registration_type": "exempt",
  "registration_status": "ERA - Active",
  "registration_date": "2025-12-19",
  "years_registered": 0,
  "period": "2026-10-01",
  "filing_date": "2026-03-25",
  "carried_forward": false,
  "raum_total": null,
  "raum_discretionary": null,
  "raum_non_discretionary": null,
  "raum_band": "not_reported",
  "raum_band_label": "Not reported",
  "total_employees": null,
  "advisory_employees": null,
  "client_count_bucket": null,
  "clients_by_type": null,
  "compensation_types": [],
  "advisory_activities": [],
  "wrap_fee_participant": null,
  "disclosure_yes_count": 0,
  "states_registered": [],
  "websites": [
    "https://lapfunds.com",
    "https://latinamericanpartners.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/166980",
  "city_as_filed": "WASHINGTON",
  "url": "https://advisorcensus.com/firm/lap-latin-american-partners-washington-dc-166980",
  "display_name": "LAP Latin American Partners",
  "summary": "LAP Latin American Partners is an exempt reporting adviser in Washington, DC, filing reports since 2025. Exempt reporting advisers do not report regulatory assets under management on Form ADV.",
  "citation": "AdvisorCensus. LAP Latin American Partners (CRD 166980): Form ADV filing data as of October 2026.",
  "registration_type_label": "Exempt reporting adviser",
  "compensation_labels": [],
  "advisory_activity_labels": [],
  "quick_answers": [
    {
      "q": "Where is LAP Latin American Partners located?",
      "a": "LAP Latin American Partners' principal office is in Washington, DC, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "How does LAP Latin American Partners report to regulators?",
      "a": "LAP Latin American Partners is an exempt reporting adviser, filing reports since 2025. Exempt reporting advisers file a shorter Form ADV. Status as filed: ERA - Active. CRD 166980."
    },
    {
      "q": "How have LAP Latin American Partners' assets and staff changed since 2021?",
      "a": "In the Form ADV data for LAP Latin American Partners: Regulatory assets under management: $279,315,730 in the October 2021 data and $156,666,251 in the October 2025 data, down 44%. Total employees: 12 in October 2021 and 11 in October 2025. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "Does LAP Latin American Partners report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/166980"
    },
    {
      "q": "What changed in LAP Latin American Partners' recent Form ADV filings?",
      "a": "In the January 2026 filing data: Moved from SEC registration to exempt reporting adviser status."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 279315730.0,
      "total_employees": 12,
      "filing_date": "2021-05-03"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 279263549.0,
      "total_employees": 13,
      "filing_date": "2022-03-30"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 206117302.0,
      "total_employees": 12,
      "filing_date": "2023-03-30"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 170841000.0,
      "total_employees": 11,
      "filing_date": "2024-03-28"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 156666251.0,
      "total_employees": 11,
      "filing_date": "2025-03-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": null,
      "total_employees": null,
      "filing_date": "2026-03-25"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "Moved from SEC registration to exempt reporting adviser status."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/lap-latin-american-partners-washington-dc-166980.md",
  "clients": [],
  "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/166980",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}