{
  "crd_number": 304078,
  "slug": "maceratio-llc-miami-fl-304078",
  "primary_business_name": "MACERATIO LLC",
  "legal_name": "MACERATIO LLC",
  "dbas": [
    "LS ADVISORS"
  ],
  "city": "Miami",
  "state": "FL",
  "country": "United States",
  "cbsa_code": "33100",
  "metro": {
    "cbsa_code": "33100",
    "common_name": "Miami",
    "msa_name": "Miami-Fort Lauderdale-West Palm Beach, FL",
    "path": "/advisors/fl/miami"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2024-08-16",
  "years_registered": 2,
  "period": "2026-10-01",
  "filing_date": "2026-06-20",
  "carried_forward": false,
  "raum_total": 1191853071.0,
  "raum_discretionary": 0.0,
  "raum_non_discretionary": 1191853071.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 7,
  "advisory_employees": 7,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "investment_companies": {
      "raum": 571515982.0,
      "count": 4
    },
    "other_investment_advisers": {
      "raum": 61518527.0,
      "count": 1,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 558818562.0,
      "count": 243
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "other",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 7,
  "states_registered": [
    "FL"
  ],
  "websites": [
    "https://maceratio.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/304078",
  "disclosure_items": [
    {
      "item": "11.C(2)",
      "question": "Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?"
    },
    {
      "item": "11.C(4)",
      "question": "Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?"
    },
    {
      "item": "11.C(5)",
      "question": "Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?"
    },
    {
      "item": "11.D(2)",
      "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?"
    },
    {
      "item": "11.E(4)",
      "question": "Has a self-regulatory organization or a commodities exchange ever disciplined the firm or an advisory affiliate by expelling or suspending it from membership, barring or suspending it from association with other members, or otherwise restricting its activities?"
    },
    {
      "item": "11.H(1)(a)",
      "question": "In the past ten years, has a domestic or foreign court issued an injunction against the firm or an advisory affiliate in connection with investment-related activity?"
    },
    {
      "item": "11.H(1)(b)",
      "question": "Has a domestic or foreign court ever found that the firm or an advisory affiliate was involved in a violation of investment-related statutes or regulations?"
    }
  ],
  "city_as_filed": "MIAMI",
  "url": "https://advisorcensus.com/firm/maceratio-llc-miami-fl-304078",
  "display_name": "Maceratio LLC",
  "summary": "Maceratio LLC is an SEC-registered investment advisory firm in Miami, FL, registered since 2024, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated June 20, 2026.",
  "citation": "AdvisorCensus. Maceratio LLC (CRD 304078): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Selection of other advisers (including private fund managers)",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Maceratio LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Maceratio LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees). The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Maceratio LLC located?",
      "a": "Maceratio LLC's principal office is in Miami, FL, according to its Form ADV."
    },
    {
      "q": "Is Maceratio LLC registered with the SEC or a state?",
      "a": "Maceratio LLC is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 304078."
    },
    {
      "q": "How much does Maceratio LLC manage?",
      "a": "Maceratio LLC reports $1,191,853,071 in regulatory assets under management in its Form ADV filing dated June 20, 2026 (0% discretionary)."
    },
    {
      "q": "How have Maceratio LLC's assets and staff changed since 2024?",
      "a": "In the Form ADV data for Maceratio LLC: Regulatory assets under management: $129,377,222 in the October 2024 data and $1,191,853,071 in the October 2026 data, up 821%. Total employees: 3 in October 2024 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Maceratio LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (243); investment companies (4); other investment advisers (1)."
    },
    {
      "q": "Which custodians does Maceratio LLC use?",
      "a": "Maceratio LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists ACP Securities, LLC, Insigneo Securities, LLC, Latin Securities Inc. and Pershing LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Maceratio LLC report any disciplinary disclosures?",
      "a": "Reports 7 disclosure items on Form ADV Item 11: yes answers to 5 questions about regulatory matters and 2 questions about civil court matters (11.C(2), 11.C(4), 11.C(5), 11.D(2), 11.E(4), 11.H(1)(a), 11.H(1)(b)). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/304078"
    },
    {
      "q": "What changed in Maceratio LLC's recent Form ADV filings?",
      "a": "In the July 2026 filing data: Item 11 disclosure answers changed: 7 yes answers, previously 6 (now yes: 11.E(4))."
    }
  ],
  "filing_history": [
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 129377222.0,
      "total_employees": 3,
      "filing_date": "2024-09-26"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 123469882.0,
      "total_employees": 3,
      "filing_date": "2025-04-23"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 1191853071.0,
      "total_employees": 7,
      "filing_date": "2026-06-20"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-07-01",
      "period_label": "July 2026",
      "notes": [
        "Item 11 disclosure answers changed: 7 yes answers, previously 6 (now yes: 11.E(4))."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Item 11 disclosure answers changed: 6 yes answers, previously 0 (now yes: 11.C(2), 11.C(4), 11.C(5), 11.D(2), 11.H(1)(a), 11.H(1)(b)).",
        "Employees performing advisory functions went from 6 to 7."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Employees performing advisory functions went from 2 to 6.",
        "Regulatory assets under management went from $123,469,882 to $1,102,492,509 (+793%)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "ACP Securities, LLC",
      "name_as_filed": "ACP SECURITIES, LLC",
      "affiliated": false
    },
    {
      "name": "Insigneo Securities, LLC",
      "name_as_filed": "INSIGNEO SECURITIES, LLC",
      "affiliated": false
    },
    {
      "name": "Latin Securities Inc.",
      "name_as_filed": "LATIN SECURITIES INC.",
      "affiliated": false
    },
    {
      "name": "Pershing LLC",
      "name_as_filed": "PERSHING LLC",
      "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/maceratio-llc-miami-fl-304078.md",
  "clients": [
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 243,
      "fewer_than_5": false,
      "raum": 558818562.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 4,
      "fewer_than_5": false,
      "raum": 571515982.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 1,
      "fewer_than_5": true,
      "raum": 61518527.0
    }
  ],
  "disclosure_line": "Reports 7 disclosure items on Form ADV Item 11.",
  "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/304078",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}