# MW Advisor, LLC

> MW Advisor, LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2024, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated September 22, 2026.

- CRD: 332429
- Filed as: MW ADVISOR, LLC
- Also doing business as: CVC MARATHON
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: September 22, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/332429
- AdvisorCensus page: https://advisorcensus.com/firm/mw-advisor-llc-new-york-ny-332429

## Quick answers

**How is MW Advisor, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), MW Advisor, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**How much does MW Advisor, LLC charge?**
Its Form ADV Part 2A brochure dated July 31, 2026 states: Asset-based fee: up to 1.5% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is MW Advisor, LLC located?**
MW Advisor, LLC's principal office is in New York, NY, according to its Form ADV; the October 2026 filing also lists 4 other offices (Schedule D, Section 1.F).

**Is MW Advisor, LLC registered with the SEC or a state?**
MW Advisor, LLC is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 332429.

**How much does MW Advisor, LLC manage?**
MW Advisor, LLC reports $552,532,676 in regulatory assets under management in its Form ADV filing dated September 22, 2026 (100% discretionary).

**How have MW Advisor, LLC's assets and staff changed since 2025?**
In the Form ADV data for MW Advisor, LLC: Regulatory assets under management: $260,187,500 in the October 2025 data and $552,532,676 in the October 2026 data, up 112%. Total employees: 115 in October 2025 and 115 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does MW Advisor, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (1).

**Does MW Advisor, LLC report any disciplinary disclosures?**
Reports 3 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation), 11.C(4) (SEC or CFTC order), and 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order). 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/332429

**Does MW Advisor, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated July 31, 2026 says: "The minimum capital commitment for investors in the Fund is $5,000,000, but may be waived or reduced by the Fund’s general partner in its sole discretion."

**What changed in MW Advisor, LLC's recent Form ADV filings?**
In the October 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

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

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

- Asset-based fee: up to 1.5% of assets a year (the maximum the brochure states)

> The Fund pays to the Adviser an annual management fee of up to 1.50% based on invested capital and an incentive fee in the form of carried interest, subject to a preferred return hurdle.

- Account minimum: $5,000,000 (the brochure says it may be waived or negotiated)

> The minimum capital commitment for investors in the Fund is $5,000,000, but may be waived or reduced by the Fund’s general partner in its sole discretion.

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

### Regulatory assets under management (Item 5.F)
- Total: $552,532,676
- Discretionary: $552,532,676
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $552,532,676 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2024 (1 year)
- Employees: 115 total, 19 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CT, DE, MA, NY
- Disclosures (Item 11): Reports 3 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.C(2): 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?
- 11.C(4): Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.C(5): 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?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/332429

### Other offices (Schedule D, Section 1.F), as of the October 2026 filing
- Boston, MA
- Hartford, CT
- New York, NY
- Stamford, CT

### Websites listed on Form ADV (Item 1.I)
- marathonfund.com
- LinkedIn @marathon-asset-management

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2025 | $260,187,500 | 115 | July 30, 2025 |
| October 2026 | $552,532,676 | 115 | September 22, 2026 |

Regulatory assets under management: $260,187,500 in the October 2025 data and $552,532,676 in the October 2026 data, up 112%.
Total employees: 115 in October 2025 and 115 in October 2026.

## Changes in the filing (last 12 months)

### October 2026
- Updated its list of owners and control persons (Schedule A).

### August 2026
- Added the business name CVC Marathon.
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Regulatory assets under management went from $260,187,500 to $552,532,676 (+112%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. MW Advisor, LLC (CRD 332429): Form ADV filing data as of October 2026.