{ "crd_number": 194513, "slug": "parliament-capital-management-llc-san-juan-pr-194513", "primary_business_name": "PARLIAMENT CAPITAL MANAGEMENT, LLC", "legal_name": "PARLIAMENT CAPITAL MANAGEMENT, LLC", "dbas": [], "city": "San Juan", "state": "PR", "country": "United States", "cbsa_code": "41980", "metro": null, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2021-07-22", "years_registered": 5, "period": "2026-10-01", "filing_date": "2026-04-30", "carried_forward": false, "raum_total": 1151174999.0, "raum_discretionary": 1151174999.0, "raum_non_discretionary": 0.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 19, "advisory_employees": 7, "client_count_bucket": null, "clients_by_type": { "pooled_investment_vehicles": { "raum": 1151174999.0, "count": 23 } }, "compensation_types": [ "fixed", "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "PR" ], "websites": [ "https://linkedin.com/company/parliament-capital-management", "https://parliamentcapital.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/194513", "city_as_filed": "SAN JUAN", "url": "https://advisorcensus.com/firm/parliament-capital-management-llc-san-juan-pr-194513", "display_name": "Parliament Capital Management, LLC", "summary": "Parliament Capital Management, LLC is an SEC-registered investment advisory firm in San Juan, PR, registered since 2021, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated April 30, 2026.", "citation": "AdvisorCensus. Parliament Capital Management, LLC (CRD 194513): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Fixed fees (other than subscription fees)", "Performance-based fees" ], "advisory_activity_labels": [ "Portfolio management for pooled investment vehicles (other than investment companies)" ], "quick_answers": [ { "q": "How is Parliament Capital Management, LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Parliament Capital Management, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure." }, { "q": "Where is Parliament Capital Management, LLC located?", "a": "Parliament Capital Management, LLC's principal office is in San Juan, PR, according to its Form ADV." }, { "q": "Is Parliament Capital Management, LLC registered with the SEC or a state?", "a": "Parliament Capital Management, LLC is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 194513." }, { "q": "How much does Parliament Capital Management, LLC manage?", "a": "Parliament Capital Management, LLC reports $1,151,174,999 in regulatory assets under management in its Form ADV filing dated April 30, 2026 (100% discretionary)." }, { "q": "How have Parliament Capital Management, LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for Parliament Capital Management, LLC: Regulatory assets under management: $126,497,248 in the October 2021 data and $1,151,174,999 in the October 2026 data, up 810%. Total employees: 9 in October 2021 and 19 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Parliament Capital Management, LLC serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (23)." }, { "q": "Does Parliament Capital Management, 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/194513" }, { "q": "What changed in Parliament Capital Management, LLC's recent Form ADV filings?", "a": "In the April 2026 filing data: Employees performing advisory functions went from 6 to 7. Regulatory assets under management went from $994,354,491 to $1,151,174,999 (+16%)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 126497248.0, "total_employees": 9, "filing_date": "2021-06-21" }, { "period": "2022-10-01", "regulatory_assets_under_management": 257159162.0, "total_employees": 12, "filing_date": "2022-04-28" }, { "period": "2023-10-01", "regulatory_assets_under_management": 313231470.0, "total_employees": 13, "filing_date": "2023-03-31" }, { "period": "2024-10-01", "regulatory_assets_under_management": 318389059.0, "total_employees": 16, "filing_date": "2024-03-28" }, { "period": "2025-10-01", "regulatory_assets_under_management": 994354491.0, "total_employees": 17, "filing_date": "2025-04-30" }, { "period": "2026-10-01", "regulatory_assets_under_management": 1151174999.0, "total_employees": 19, "filing_date": "2026-04-30" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 6 to 7.", "Regulatory assets under management went from $994,354,491 to $1,151,174,999 (+16%)." ] } ], "fees_from_brochure": null, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/parliament-capital-management-llc-san-juan-pr-194513.md", "clients": [ { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 23, "fewer_than_5": false, "raum": 1151174999.0 } ], "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/194513", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }