# Morse Asset Management, Inc.

> 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.

- CRD: 285650
- Filed as: MORSE ASSET MANAGEMENT, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Darien, CT
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/285650
- AdvisorCensus page: https://advisorcensus.com/firm/morse-asset-management-inc-darien-ct-285650

## Quick answers

**How is Morse Asset Management, Inc. compensated?**
On its Form ADV (Item 5.E, October 2026), Morse Asset Management, Inc. reports these compensation arrangements: a percentage of assets under its management.

**Where is Morse Asset Management, Inc. located?**
Morse Asset Management, Inc.'s principal office is in Darien, CT, according to its Form ADV.

**Is Morse Asset Management, Inc. registered with the SEC or a state?**
Morse Asset Management, Inc. is an SEC-registered investment advisory firm, registered since 2016. Status as filed: Approved. CRD 285650.

**How much does Morse Asset Management, Inc. manage?**
Morse Asset Management, Inc. reports $534,298,000 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have Morse Asset Management, Inc.'s assets and staff changed since 2021?**
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.

**What types of clients does Morse Asset Management, Inc. serve?**
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).

**Which custodians does Morse Asset Management, Inc. use?**
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.

**Does Morse Asset Management, Inc. 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/285650

**Does Morse Asset Management, Inc. state an account minimum?**
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."

**What changed in Morse Asset Management, Inc.'s recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $472,218,000 to $534,298,000 (+13%).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 31, 2026)

- Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)

> 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.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- Citigroup Global Markets Inc.
- The Bank of New York Mellon

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: $534,298,000
- Discretionary: $534,298,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 36 | $53,219,000 |
| High net worth individuals | 144 | $413,124,000 |
| Charitable organizations | 11 | $64,793,000 |
| Corporations or other businesses not listed above | 7 | $3,162,000 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2016 (9 years)
- Employees: 6 total, 5 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, CO, CT, DC, FL, GA, IL, MA, MD, ME, NH, NJ, NV, NY, OH, PA, PR, RI, TX, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- morseasset.com
- LinkedIn @morse-asset-management-inc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $401,837,000 | 5 | April 1, 2021 |
| October 2022 | $401,837,000 | 5 | April 1, 2021 |
| October 2023 | $344,762,000 | 5 | March 31, 2023 |
| October 2024 | $408,714,000 | 5 | July 11, 2024 |
| October 2025 | $472,218,000 | 6 | March 31, 2025 |
| October 2026 | $534,298,000 | 6 | March 31, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $472,218,000 to $534,298,000 (+13%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Morse Asset Management, Inc. (CRD 285650): Form ADV filing data as of October 2026.