{
  "crd_number": 313290,
  "slug": "passaic-partners-llc-newark-nj-313290",
  "primary_business_name": "PASSAIC PARTNERS LLC",
  "legal_name": "PASSAIC PARTNERS LLC",
  "dbas": [],
  "city": "Newark",
  "state": "NJ",
  "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": "2021-05-05",
  "years_registered": 5,
  "period": "2026-10-01",
  "filing_date": "2026-03-27",
  "carried_forward": false,
  "raum_total": 2237507816.0,
  "raum_discretionary": 2237507816.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 9,
  "advisory_employees": 3,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "pension_profit_sharing": {
      "raum": 1014074658.0,
      "count": 10
    },
    "pooled_investment_vehicles": {
      "raum": 429145908.0,
      "count": 5
    },
    "corporations_other_businesses": {
      "raum": 794287250.0,
      "count": null,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "NJ"
  ],
  "websites": [
    "https://linkedin.com/company/passaic-partners",
    "https://passaicpartners.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/313290",
  "city_as_filed": "NEWARK",
  "url": "https://advisorcensus.com/firm/passaic-partners-llc-newark-nj-313290",
  "display_name": "Passaic Partners LLC",
  "summary": "Passaic Partners LLC is an SEC-registered investment advisory firm in Newark, NJ, registered since 2021, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 27, 2026.",
  "citation": "AdvisorCensus. Passaic Partners LLC (CRD 313290): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Passaic Partners LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Passaic Partners LLC reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "How much does Passaic Partners LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated March 27, 2026 states: Asset-based fee: up to 0.5% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Passaic Partners LLC located?",
      "a": "Passaic Partners LLC's principal office is in Newark, NJ, according to its Form ADV."
    },
    {
      "q": "Is Passaic Partners LLC registered with the SEC or a state?",
      "a": "Passaic Partners LLC is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 313290."
    },
    {
      "q": "How much does Passaic Partners LLC manage?",
      "a": "Passaic Partners LLC reports $2,237,507,816 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary)."
    },
    {
      "q": "How have Passaic Partners LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Passaic Partners LLC: Regulatory assets under management: $0 in the October 2021 data and $2,237,507,816 in the October 2026 data. Total employees: 0 in October 2021 and 9 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Passaic Partners LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: pension and profit sharing plans (but not the plan participants or government pension plans) (10); pooled investment vehicles (other than investment companies and business development companies) (5)."
    },
    {
      "q": "Which custodians does Passaic Partners LLC use?",
      "a": "Passaic Partners LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Morgan Stanley and Northern Trust as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Passaic Partners 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/313290"
    },
    {
      "q": "What changed in Passaic Partners LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $1,412,056,034 to $2,237,507,816 (+58%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 0.0,
      "total_employees": 0,
      "filing_date": "2021-08-18"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 2080529869.0,
      "total_employees": 8,
      "filing_date": "2022-06-23"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 1224575448.0,
      "total_employees": 8,
      "filing_date": "2023-03-29"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 1268372594.0,
      "total_employees": 9,
      "filing_date": "2024-03-29"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 1412056034.0,
      "total_employees": 9,
      "filing_date": "2025-03-27"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 2237507816.0,
      "total_employees": 9,
      "filing_date": "2026-03-27"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $1,412,056,034 to $2,237,507,816 (+58%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 27, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": "0.5% of assets a year",
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: up to 0.5% of assets a year (the maximum the brochure states)"
        ],
        "quotes": [
          "The Adviser charges its Clients an asset-based investment management fee (the “Management Fee”) based on the value of net assets under management. The Management Fee is generally up to .5% per annum."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": 0.5,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "The Adviser charges its Clients an asset-based investment management fee (the “Management Fee”) based on the value of net assets under management. The Management Fee is generally up to .5% per annum."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Morgan Stanley",
      "name_as_filed": "MORGAN STANLEY",
      "affiliated": false
    },
    {
      "name": "Northern Trust",
      "name_as_filed": "NORTHERN TRUST",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/passaic-partners-llc-newark-nj-313290.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 5,
      "fewer_than_5": false,
      "raum": 429145908.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 10,
      "fewer_than_5": false,
      "raum": 1014074658.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": null,
      "fewer_than_5": true,
      "raum": 794287250.0
    }
  ],
  "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/313290",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}