{
  "crd_number": 313653,
  "slug": "popular-asset-management-san-juan-pr-313653",
  "primary_business_name": "POPULAR ASSET MANAGEMENT",
  "legal_name": "POPULAR ASSET MANAGEMENT LLC",
  "dbas": [
    "POPULAR ASSET MANAGEMENT"
  ],
  "city": "San Juan",
  "state": "PR",
  "country": "United States",
  "cbsa_code": "41980",
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2021-04-22",
  "years_registered": 5,
  "period": "2026-10-01",
  "filing_date": "2026-09-25",
  "carried_forward": false,
  "raum_total": 3711499806.0,
  "raum_discretionary": 1717555870.0,
  "raum_non_discretionary": 1993943936.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 15,
  "advisory_employees": 13,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 14802753.0,
      "count": null,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": null,
      "count": 0
    },
    "banking_thrift": {
      "raum": 1993943936.0,
      "count": null,
      "fewer_than_5": true
    },
    "state_municipal": {
      "raum": 106219444.0,
      "count": null,
      "fewer_than_5": true
    },
    "investment_companies": {
      "raum": 1477998650.0,
      "count": 4
    },
    "pension_profit_sharing": {
      "raum": 7033734.0,
      "count": null,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": null,
      "count": 0
    },
    "pooled_investment_vehicles": {
      "raum": 111501289.0,
      "count": 1
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "pension_consulting",
    "portfolio_management_businesses_institutional",
    "portfolio_management_investment_companies",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "PR"
  ],
  "websites": [
    "https://popularfunds.com/the-adviser"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/313653",
  "city_as_filed": "SAN JUAN",
  "url": "https://advisorcensus.com/firm/popular-asset-management-san-juan-pr-313653",
  "display_name": "Popular Asset Management",
  "summary": "Popular Asset Management 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 September 25, 2026.",
  "citation": "AdvisorCensus. Popular Asset Management (CRD 313653): 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)"
  ],
  "advisory_activity_labels": [
    "Portfolio management for investment companies (and business development companies)",
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Pension consulting services"
  ],
  "quick_answers": [
    {
      "q": "How is Popular Asset Management compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Popular Asset Management reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)."
    },
    {
      "q": "Where is Popular Asset Management located?",
      "a": "Popular Asset Management's principal office is in San Juan, PR, according to its Form ADV."
    },
    {
      "q": "Is Popular Asset Management registered with the SEC or a state?",
      "a": "Popular Asset Management is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 313653."
    },
    {
      "q": "How much does Popular Asset Management manage?",
      "a": "Popular Asset Management reports $3,711,499,806 in regulatory assets under management in its Form ADV filing dated September 25, 2026 (46% discretionary)."
    },
    {
      "q": "How have Popular Asset Management's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Popular Asset Management: Regulatory assets under management: $2,162,300,000 in the October 2021 data and $3,711,499,806 in the October 2026 data, up 72%. Total employees: 9 in October 2021 and 15 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Popular Asset Management serve?",
      "a": "By number of clients on Form ADV Item 5.D: investment companies (4); pooled investment vehicles (other than investment companies and business development companies) (1)."
    },
    {
      "q": "Which custodians does Popular Asset Management use?",
      "a": "Popular Asset Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., JPMorgan Chase Bank, National Association and The Northern Trust Company as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Popular Asset Management 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/313653"
    },
    {
      "q": "What changed in Popular Asset Management's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 8 to 13. Regulatory assets under management went from $2,875,694,583 to $3,711,499,806 (+29%). Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 2162300000.0,
      "total_employees": 9,
      "filing_date": "2021-07-13"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 2289600000.0,
      "total_employees": 10,
      "filing_date": "2022-07-21"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 1845101885.0,
      "total_employees": 11,
      "filing_date": "2023-09-14"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 2106631943.0,
      "total_employees": 11,
      "filing_date": "2024-07-17"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 2875694583.0,
      "total_employees": 13,
      "filing_date": "2025-04-11"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 3711499806.0,
      "total_employees": 15,
      "filing_date": "2026-09-25"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 8 to 13.",
        "Regulatory assets under management went from $2,875,694,583 to $3,711,499,806 (+29%).",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "JPMorgan Chase Bank, National Association",
      "name_as_filed": "JPMORGAN CHASE BANK, NATIONAL ASSOCIATION",
      "affiliated": false
    },
    {
      "name": "The Northern Trust Company",
      "name_as_filed": "THE NORTHERN TRUST COMPANY",
      "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/popular-asset-management-san-juan-pr-313653.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": null,
      "fewer_than_5": true,
      "raum": 1993943936.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 4,
      "fewer_than_5": false,
      "raum": 1477998650.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 1,
      "fewer_than_5": false,
      "raum": 111501289.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": null,
      "fewer_than_5": true,
      "raum": 7033734.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": true,
      "raum": 14802753.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": null,
      "fewer_than_5": true,
      "raum": 106219444.0
    }
  ],
  "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/313653",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}