{ "crd_number": 314794, "slug": "merchants-investment-partners-llc-new-york-ny-314794", "primary_business_name": "MERCHANTS INVESTMENT PARTNERS, LLC", "legal_name": "MERCHANTS INVESTMENT PARTNERS, LLC", "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": "2021-07-06", "years_registered": 5, "period": "2026-10-01", "filing_date": "2026-06-10", "carried_forward": false, "raum_total": 607898122.0, "raum_discretionary": 607898122.0, "raum_non_discretionary": 0.0, "raum_band": "500m_1b", "raum_band_label": "$500 million to $1 billion", "total_employees": 11, "advisory_employees": 10, "client_count_bucket": null, "clients_by_type": { "pooled_investment_vehicles": { "raum": 607898122.0, "count": 3 } }, "compensation_types": [ "other" ], "advisory_activities": [ "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "NY" ], "websites": [ "https://linkedin.com/company/merchants-investment-partners", "https://merchantsip.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/314794", "city_as_filed": "NEW YORK", "url": "https://advisorcensus.com/firm/merchants-investment-partners-llc-new-york-ny-314794", "display_name": "Merchants Investment Partners, LLC", "summary": "Merchants Investment Partners, LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2021, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated June 10, 2026.", "citation": "AdvisorCensus. Merchants Investment Partners, LLC (CRD 314794): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "Other" ], "advisory_activity_labels": [ "Portfolio management for pooled investment vehicles (other than investment companies)" ], "quick_answers": [ { "q": "How is Merchants Investment Partners, LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Merchants Investment Partners, LLC reports these compensation arrangements: other. The amounts are in Item 5 of its Form ADV Part 2A brochure." }, { "q": "Where is Merchants Investment Partners, LLC located?", "a": "Merchants Investment Partners, LLC's principal office is in New York, NY, according to its Form ADV; the July 2026 filing also lists 1 other office (Schedule D, Section 1.F)." }, { "q": "Is Merchants Investment Partners, LLC registered with the SEC or a state?", "a": "Merchants Investment Partners, LLC is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 314794." }, { "q": "How much does Merchants Investment Partners, LLC manage?", "a": "Merchants Investment Partners, LLC reports $607,898,122 in regulatory assets under management in its Form ADV filing dated June 10, 2026 (100% discretionary)." }, { "q": "How have Merchants Investment Partners, LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for Merchants Investment Partners, LLC: Regulatory assets under management: $352,427,985 in the October 2022 data and $607,898,122 in the October 2026 data, up 72%. Total employees: 3 in October 2021 and 11 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Merchants Investment Partners, LLC serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (3)." }, { "q": "Does Merchants Investment Partners, LLC 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/314794" }, { "q": "What changed in Merchants Investment Partners, LLC's recent Form ADV filings?", "a": "In the April 2026 filing data: Employees performing advisory functions went from 8 to 10. Regulatory assets under management went from $711,237,025 to $607,898,122 (-15%)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": null, "total_employees": 3, "filing_date": "2021-06-04" }, { "period": "2022-10-01", "regulatory_assets_under_management": 352427985.0, "total_employees": 4, "filing_date": "2022-06-15" }, { "period": "2023-10-01", "regulatory_assets_under_management": 954598531.0, "total_employees": 6, "filing_date": "2023-03-20" }, { "period": "2024-10-01", "regulatory_assets_under_management": 882467171.0, "total_employees": 8, "filing_date": "2024-03-18" }, { "period": "2025-10-01", "regulatory_assets_under_management": 711237025.0, "total_employees": 8, "filing_date": "2025-03-31" }, { "period": "2026-10-01", "regulatory_assets_under_management": 607898122.0, "total_employees": 11, "filing_date": "2026-06-10" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 8 to 10.", "Regulatory assets under management went from $711,237,025 to $607,898,122 (-15%)." ] }, { "period": "2026-02-01", "period_label": "February 2026", "notes": [ "Changed its legal name from Merchants Asset Management LLC to Merchants Investment Partners, LLC." ] } ], "fees_from_brochure": null, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/merchants-investment-partners-llc-new-york-ny-314794.md", "clients": [ { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 3, "fewer_than_5": false, "raum": 607898122.0 } ], "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/314794", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }