# Passaic Partners LLC

> 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.

- CRD: 313290
- Filed as: PASSAIC PARTNERS LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Newark, NJ
- Filing period: October 2026
- Form ADV filing dated: March 27, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/313290
- AdvisorCensus page: https://advisorcensus.com/firm/passaic-partners-llc-newark-nj-313290

## Quick answers

**How is Passaic Partners LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Passaic Partners LLC reports these compensation arrangements: a percentage of assets under its management.

**What does Passaic Partners LLC's brochure say about its fees?**
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.

**Where is Passaic Partners LLC located?**
Passaic Partners LLC's principal office is in Newark, NJ, according to its Form ADV.

**Is Passaic Partners LLC registered with the SEC or a state?**
Passaic Partners LLC is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 313290.

**How much does Passaic Partners LLC manage?**
Passaic Partners LLC reports $2,237,507,816 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary).

**How have Passaic Partners LLC's assets and staff changed since 2021?**
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.

**What types of clients does Passaic Partners LLC serve?**
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).

**Which custodians does Passaic Partners LLC use?**
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.

**Does Passaic Partners 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/313290

**What changed in Passaic Partners LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $1,412,056,034 to $2,237,507,816 (+58%).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 27, 2026)

- Asset-based fee: up to 0.5% of assets a year (the maximum the brochure states)

> 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.

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

### Custodians (Schedule D, Section 5.K(3))
- Morgan Stanley
- Northern Trust

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.

### Regulatory assets under management (Item 5.F)
- Total: $2,237,507,816
- Discretionary: $2,237,507,816
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 5 | $429,145,908 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 10 | $1,014,074,658 |
| Corporations or other businesses not listed above | Fewer than 5 | $794,287,250 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2021 (5 years)
- Employees: 9 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NJ
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- passaicpartners.com
- LinkedIn @passaic-partners

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $0 | 0 | August 18, 2021 |
| October 2022 | $2,080,529,869 | 8 | June 23, 2022 |
| October 2023 | $1,224,575,448 | 8 | March 29, 2023 |
| October 2024 | $1,268,372,594 | 9 | March 29, 2024 |
| October 2025 | $1,412,056,034 | 9 | March 27, 2025 |
| October 2026 | $2,237,507,816 | 9 | March 27, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $1,412,056,034 to $2,237,507,816 (+58%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Passaic Partners LLC (CRD 313290): Form ADV filing data as of October 2026.