{ "crd_number": 322775, "slug": "nine-masts-capital-advisers-llc-new-york-ny-322775", "primary_business_name": "NINE MASTS CAPITAL ADVISERS LLC", "legal_name": "NINE MASTS CAPITAL ADVISERS 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": "2024-09-05", "years_registered": 2, "period": "2026-10-01", "filing_date": "2026-04-30", "carried_forward": false, "raum_total": 484563356.0, "raum_discretionary": 484563356.0, "raum_non_discretionary": 0.0, "raum_band": "100m_500m", "raum_band_label": "$100 million to $500 million", "total_employees": 4, "advisory_employees": 3, "client_count_bucket": null, "clients_by_type": { "pooled_investment_vehicles": { "raum": 484563356.0, "count": 1 } }, "compensation_types": [ "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [], "websites": [ "https://ninemasts.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/322775", "city_as_filed": "NEW YORK", "url": "https://advisorcensus.com/firm/nine-masts-capital-advisers-llc-new-york-ny-322775", "display_name": "Nine Masts Capital Advisers LLC", "summary": "Nine Masts Capital Advisers LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2024, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated April 30, 2026.", "citation": "AdvisorCensus. Nine Masts Capital Advisers LLC (CRD 322775): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Performance-based fees" ], "advisory_activity_labels": [ "Portfolio management for pooled investment vehicles (other than investment companies)" ], "quick_answers": [ { "q": "How is Nine Masts Capital Advisers LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Nine Masts Capital Advisers LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure." }, { "q": "Where is Nine Masts Capital Advisers LLC located?", "a": "Nine Masts Capital Advisers LLC's principal office is in New York, NY, according to its Form ADV." }, { "q": "Is Nine Masts Capital Advisers LLC registered with the SEC or a state?", "a": "Nine Masts Capital Advisers LLC is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 322775." }, { "q": "How much does Nine Masts Capital Advisers LLC manage?", "a": "Nine Masts Capital Advisers LLC reports $484,563,356 in regulatory assets under management in its Form ADV filing dated April 30, 2026 (100% discretionary)." }, { "q": "How have Nine Masts Capital Advisers LLC's assets and staff changed since 2023?", "a": "In the Form ADV data for Nine Masts Capital Advisers LLC: Regulatory assets under management: $100,000,000 in the October 2024 data and $484,563,356 in the October 2026 data, up 385%. Total employees: 1 in October 2024 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Nine Masts Capital Advisers LLC serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (1)." }, { "q": "Does Nine Masts Capital Advisers 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/322775" }, { "q": "What changed in Nine Masts Capital Advisers LLC's recent Form ADV filings?", "a": "In the April 2026 filing data: Employees performing advisory functions went from 1 to 3." } ], "filing_history": [ { "period": "2023-10-01", "regulatory_assets_under_management": null, "total_employees": null, "filing_date": "2023-01-17" }, { "period": "2024-10-01", "regulatory_assets_under_management": 100000000.0, "total_employees": 1, "filing_date": "2024-08-27" }, { "period": "2025-10-01", "regulatory_assets_under_management": 508737689.0, "total_employees": 1, "filing_date": "2025-05-12" }, { "period": "2026-10-01", "regulatory_assets_under_management": 484563356.0, "total_employees": 4, "filing_date": "2026-04-30" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 1 to 3." ] } ], "fees_from_brochure": null, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/nine-masts-capital-advisers-llc-new-york-ny-322775.md", "clients": [ { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 1, "fewer_than_5": false, "raum": 484563356.0 } ], "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/322775", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }