# Modum Asset Management LLC

> Modum Asset Management LLC is an SEC-registered investment advisory firm in Mexico City, Mexico, registered since 2024, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 316200
- Filed as: MODUM ASSET MANAGEMENT LLC
- Also doing business as: MODUM, MODUM PRIVATE WEALTH
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Mexico City, Mexico
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/316200
- AdvisorCensus page: https://advisorcensus.com/firm/modum-asset-management-llc-mexico-city-316200

## Quick answers

**How is Modum Asset Management LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Modum Asset Management LLC reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Modum Asset Management LLC located?**
Modum Asset Management LLC's principal office is in Mexico City, Mexico, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Modum Asset Management LLC registered with the SEC or a state?**
Modum Asset Management LLC is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 316200.

**How much does Modum Asset Management LLC manage?**
Modum Asset Management LLC reports $283,243,767 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary).

**How have Modum Asset Management LLC's assets and staff changed since 2024?**
In the Form ADV data for Modum Asset Management LLC: Regulatory assets under management: $50,604,405 in the October 2024 data and $283,243,767 in the October 2026 data, up 460%. Total employees: 4 in October 2024 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Modum Asset Management LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (41); individuals (other than high net worth individuals) (20); corporations or other businesses not listed above (8).

**Which custodians does Modum Asset Management LLC use?**
Modum Asset Management LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Morgan Stanley and UBS Financial Services Inc. as custodians holding 10% or more of its separately managed account assets.

**Does Modum 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/316200

**What changed in Modum Asset Management LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $172,851,460 to $283,243,767 (+64%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Custodians (Schedule D, Section 5.K(3))
- J.P. Morgan Securities LLC
- Merrill Lynch, Pierce, Fenner & Smith Incorporated
- Morgan Stanley
- UBS Financial Services Inc.

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: $283,243,767
- Discretionary: $283,243,767
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 20 | $2,974,076 |
| High net worth individuals | 41 | $207,890,423 |
| Corporations or other businesses not listed above | 8 | $72,379,268 |

### 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
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2024 (2 years)
- Employees: 5 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NY
- 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
- New York, NY

### Websites listed on Form ADV (Item 1.I)
- modum.com
- LinkedIn @modumassetmanagement

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2024 | $50,604,405 | 4 | April 25, 2024 |
| October 2025 | $172,851,460 | 4 | March 27, 2025 |
| October 2026 | $283,243,767 | 5 | March 30, 2026 |

Regulatory assets under management: $50,604,405 in the October 2024 data and $283,243,767 in the October 2026 data, up 460%.
Total employees: 4 in October 2024 and 5 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $172,851,460 to $283,243,767 (+64%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Modum Asset Management LLC (CRD 316200): Form ADV filing data as of October 2026.