# Placeholder Management, LLC

> Placeholder Management, LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2021, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated February 26, 2026.

- CRD: 292362
- Filed as: PLACEHOLDER MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: February 26, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/292362
- AdvisorCensus page: https://advisorcensus.com/firm/placeholder-management-llc-new-york-ny-292362

## Quick answers

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

**What does Placeholder Management, LLC's brochure say about its fees?**
Its Form ADV Part 2A brochure dated February 26, 2026 states: Asset-based fee: 0.5% to 2.5% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

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

**Is Placeholder Management, LLC registered with the SEC or a state?**
Placeholder Management, LLC is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 292362.

**How much does Placeholder Management, LLC manage?**
Placeholder Management, LLC reports $345,428,929 in regulatory assets under management in its Form ADV filing dated February 26, 2026 (100% discretionary).

**How have Placeholder Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for Placeholder Management, LLC: Regulatory assets under management: $1,261,405,873 in the October 2021 data and $345,428,929 in the October 2026 data, down 73%. Total employees: 5 in October 2021 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Placeholder Management, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (3).

**Does Placeholder 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/292362

**What changed in Placeholder Management, LLC's recent Form ADV filings?**
In the March 2026 filing data: Regulatory assets under management went from $1,263,932,205 to $345,428,929 (-73%).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated February 26, 2026)

- Asset-based fee: 0.5% to 2.5% a year (a range, as the brochure states it)

> The Adviser is paid an asset-based investment management fee ranging from 0.5% to 2.5% per annum of capital.

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

### Regulatory assets under management (Item 5.F)
- Total: $345,428,929
- Discretionary: $345,428,929
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $345,428,929 |

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

### Firm details
- Registered since: 2021 (5 years)
- Employees: 7 total, 5 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)
- placeholder.vc
- X @placeholdervc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,261,405,873 | 5 | July 27, 2021 |
| October 2022 | $868,853,609 | 4 | June 29, 2022 |
| October 2023 | $439,759,068 | 4 | March 27, 2023 |
| October 2024 | $969,903,605 | 4 | May 2, 2024 |
| October 2025 | $1,263,932,205 | 7 | February 19, 2025 |
| October 2026 | $345,428,929 | 7 | February 26, 2026 |

Regulatory assets under management: $1,261,405,873 in the October 2021 data and $345,428,929 in the October 2026 data, down 73%.
Total employees: 5 in October 2021 and 7 in October 2026.

## Changes in the filing (last 12 months)

### March 2026
- Regulatory assets under management went from $1,263,932,205 to $345,428,929 (-73%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Placeholder Management, LLC (CRD 292362): Form ADV filing data as of October 2026.