# Passive Management LLC

> Passive Management LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2024, reporting under $25 million in regulatory assets under management in its Form ADV filing dated September 30, 2026.

- CRD: 314627
- Filed as: PASSIVE MANAGEMENT LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: September 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/314627
- AdvisorCensus page: https://advisorcensus.com/firm/passive-management-llc-new-york-ny-314627

## Quick answers

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

**Where is Passive Management LLC located?**
Passive Management LLC's principal office is in New York, NY, according to its Form ADV.

**Is Passive Management LLC registered with the SEC or a state?**
Passive Management LLC is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 314627.

**How much does Passive Management LLC manage?**
Passive Management LLC reports $22,348,854 in regulatory assets under management in its Form ADV filing dated September 30, 2026 (100% discretionary).

**How have Passive Management LLC's assets and staff changed since 2024?**
In the Form ADV data for Passive Management LLC: Regulatory assets under management: $25,689,937 in the October 2024 data and $22,348,854 in the October 2026 data, down 13%. Total employees: 2 in October 2024 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Passive Management LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (105); corporations or other businesses not listed above (6); high net worth individuals (4).

**Which custodians does Passive Management LLC use?**
Passive Management LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Alerus Securities Corporation and Tradepmr by Robinhood as custodians holding 10% or more of its separately managed account assets.

**Does Passive Management 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/314627

**Does Passive Management LLC state an account minimum?**
Its Form ADV Part 2A brochure dated August 24, 2026 says: "The Firm does not require a minimum account size."

**What changed in Passive Management LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $31,350,017 to $22,565,992 (-28%).

## 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 August 24, 2026)

- Account minimum: None

> The Firm does not require a minimum account size.

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

### Custodians (Schedule D, Section 5.K(3))
- Alerus Securities Corporation
- Tradepmr by Robinhood

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: $22,348,854
- Discretionary: $22,348,854
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 105 | $12,791,741 |
| High net worth individuals | 4 | $6,597,227 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 1 | $1,473,557 |
| Corporations or other businesses not listed above | 6 | $1,486,329 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Pension consulting services

### Firm details
- Registered since: 2024 (2 years)
- Employees: 2 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, CT, FL, IL, MN, NY, OH, PA, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- LinkedIn @passive-management-llc
- LinkedIn @arber-jashari-567a601b3

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2024 | $25,689,937 | 2 | April 30, 2024 |
| October 2025 | $31,350,017 | 2 | March 20, 2025 |
| October 2026 | $22,348,854 | 2 | September 30, 2026 |

Regulatory assets under management: $25,689,937 in the October 2024 data and $22,348,854 in the October 2026 data, down 13%.
Total employees: 2 in October 2024 and 2 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $31,350,017 to $22,565,992 (-28%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Passive Management LLC (CRD 314627): Form ADV filing data as of October 2026.