# Nine Masts Capital Advisers LLC

> 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.

- CRD: 322775
- Filed as: NINE MASTS CAPITAL ADVISERS LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: April 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/322775
- AdvisorCensus page: https://advisorcensus.com/firm/nine-masts-capital-advisers-llc-new-york-ny-322775

## Quick answers

**How is Nine Masts Capital Advisers LLC compensated?**
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.

**Where is Nine Masts Capital Advisers LLC located?**
Nine Masts Capital Advisers LLC's principal office is in New York, NY, according to its Form ADV.

**Is Nine Masts Capital Advisers LLC registered with the SEC or a state?**
Nine Masts Capital Advisers LLC is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 322775.

**How much does Nine Masts Capital Advisers LLC manage?**
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).

**How have Nine Masts Capital Advisers LLC's assets and staff changed since 2023?**
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.

**What types of clients does Nine Masts Capital Advisers 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 Nine Masts Capital Advisers 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/322775

**What changed in Nine Masts Capital Advisers LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 1 to 3.

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $484,563,356
- Discretionary: $484,563,356
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $484,563,356 |

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

### Firm details
- Registered since: 2024 (2 years)
- Employees: 4 total, 3 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [ninemasts.com](https://ninemasts.com)

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2023 | Not reported | Not reported | January 17, 2023 |
| October 2024 | $100,000,000 | 1 | August 27, 2024 |
| October 2025 | $508,737,689 | 1 | May 12, 2025 |
| October 2026 | $484,563,356 | 4 | April 30, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 1 to 3.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Nine Masts Capital Advisers LLC (CRD 322775): Form ADV filing data as of October 2026.