{
  "crd_number": 285650,
  "slug": "morse-asset-management-inc-darien-ct-285650",
  "primary_business_name": "MORSE ASSET MANAGEMENT, INC.",
  "legal_name": "MORSE ASSET MANAGEMENT, INC.",
  "dbas": [],
  "city": "Darien",
  "state": "CT",
  "country": "United States",
  "cbsa_code": "14860",
  "metro": {
    "cbsa_code": "14860",
    "common_name": "Bridgeport",
    "msa_name": "Bridgeport-Stamford-Danbury, CT",
    "path": "/advisors/ct/bridgeport"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2016-10-24",
  "years_registered": 9,
  "period": "2026-10-01",
  "filing_date": "2026-03-31",
  "carried_forward": false,
  "raum_total": 534298000.0,
  "raum_discretionary": 534298000.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 6,
  "advisory_employees": 5,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": 64793000.0,
      "count": 11
    },
    "individuals": {
      "raum": 53219000.0,
      "count": 36
    },
    "high_net_worth_individuals": {
      "raum": 413124000.0,
      "count": 144
    },
    "corporations_other_businesses": {
      "raum": 3162000.0,
      "count": 7
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AZ",
    "CA",
    "CO",
    "CT",
    "DC",
    "FL",
    "GA",
    "IL",
    "MA",
    "MD",
    "ME",
    "NH",
    "NJ",
    "NV",
    "NY",
    "OH",
    "PA",
    "PR",
    "RI",
    "TX",
    "VA"
  ],
  "websites": [
    "https://linkedin.com/company/morse-asset-management-inc",
    "https://morseasset.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/285650",
  "city_as_filed": "DARIEN",
  "url": "https://advisorcensus.com/firm/morse-asset-management-inc-darien-ct-285650",
  "display_name": "Morse Asset Management, Inc.",
  "summary": "Morse Asset Management, Inc. is an SEC-registered investment advisory firm in Darien, CT, registered since 2016, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.",
  "citation": "AdvisorCensus. Morse Asset Management, Inc. (CRD 285650): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Morse Asset Management, Inc. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Morse Asset Management, Inc. reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "Where is Morse Asset Management, Inc. located?",
      "a": "Morse Asset Management, Inc.'s principal office is in Darien, CT, according to its Form ADV."
    },
    {
      "q": "Is Morse Asset Management, Inc. registered with the SEC or a state?",
      "a": "Morse Asset Management, Inc. is an SEC-registered investment advisory firm, registered since 2016. Status as filed: Approved. CRD 285650."
    },
    {
      "q": "How much does Morse Asset Management, Inc. manage?",
      "a": "Morse Asset Management, Inc. reports $534,298,000 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary)."
    },
    {
      "q": "How have Morse Asset Management, Inc.'s assets and staff changed since 2021?",
      "a": "In the Form ADV data for Morse Asset Management, Inc.: Regulatory assets under management: $401,837,000 in the October 2021 data and $534,298,000 in the October 2026 data, up 33%. Total employees: 5 in October 2021 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Morse Asset Management, Inc. serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (144); individuals (other than high net worth individuals) (36); charitable organizations (11)."
    },
    {
      "q": "Which custodians does Morse Asset Management, Inc. use?",
      "a": "Morse Asset Management, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., Citigroup Global Markets Inc. and The Bank of New York Mellon as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Morse Asset Management, Inc. 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/285650"
    },
    {
      "q": "Does Morse Asset Management, Inc. state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 31, 2026 says: \"The minimum dollar amount of assets ordinarily required for the establishment of a separate account is $1,000,000. However, MAM may waive investment minimums at its discretion.\""
    },
    {
      "q": "What changed in Morse Asset Management, Inc.'s recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $472,218,000 to $534,298,000 (+13%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 401837000.0,
      "total_employees": 5,
      "filing_date": "2021-04-01"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 401837000.0,
      "total_employees": 5,
      "filing_date": "2021-04-01"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 344762000.0,
      "total_employees": 5,
      "filing_date": "2023-03-31"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 408714000.0,
      "total_employees": 5,
      "filing_date": "2024-07-11"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 472218000.0,
      "total_employees": 6,
      "filing_date": "2025-03-31"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 534298000.0,
      "total_employees": 6,
      "filing_date": "2026-03-31"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $472,218,000 to $534,298,000 (+13%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 31, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$1,000,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "The minimum dollar amount of assets ordinarily required for the establishment of a separate account is $1,000,000. However, MAM may waive investment minimums at its discretion."
        ]
      }
    ],
    "quotes": [
      "The minimum dollar amount of assets ordinarily required for the establishment of a separate account is $1,000,000. However, MAM may waive investment minimums at its discretion."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "Citigroup Global Markets Inc.",
      "name_as_filed": "CITIGROUP GLOBAL MARKETS INC.",
      "affiliated": false
    },
    {
      "name": "The Bank of New York Mellon",
      "name_as_filed": "THE BANK OF NEW YORK MELLON",
      "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/morse-asset-management-inc-darien-ct-285650.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 36,
      "fewer_than_5": false,
      "raum": 53219000.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 144,
      "fewer_than_5": false,
      "raum": 413124000.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 11,
      "fewer_than_5": false,
      "raum": 64793000.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 7,
      "fewer_than_5": false,
      "raum": 3162000.0
    }
  ],
  "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/285650",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}