{
  "crd_number": 289917,
  "slug": "prato-capital-management-white-plains-ny-289917",
  "primary_business_name": "PRATO CAPITAL MANAGEMENT",
  "legal_name": "PRATO CAPITAL MANAGEMENT, INC.",
  "dbas": [],
  "city": "White Plains",
  "state": "NY",
  "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": "2017-10-12",
  "years_registered": 8,
  "period": "2026-10-01",
  "filing_date": "2026-03-02",
  "carried_forward": false,
  "raum_total": 224563710.0,
  "raum_discretionary": 224563710.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 4,
  "advisory_employees": 3,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 24265828.0,
      "count": 21,
      "description": "TRUST & ESTATES"
    },
    "charitable": {
      "raum": 400153.0,
      "count": 2,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 90992777.0,
      "count": 241
    },
    "pension_profit_sharing": {
      "raum": 41281255.0,
      "count": 25
    },
    "high_net_worth_individuals": {
      "raum": 64823182.0,
      "count": 32
    },
    "corporations_other_businesses": {
      "raum": 2800515.0,
      "count": 5
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "CT",
    "FL",
    "MA",
    "NH",
    "NJ",
    "NY",
    "TX"
  ],
  "websites": [
    "https://facebook.com/PRATOCAPITAL",
    "https://instagram.com/PRATOCAPITAL",
    "https://linkedin.com/COMPANY/PRATO-CAPITAL-MANAGEMENT",
    "https://pratocapital.com",
    "https://twitter.com/PRATOCAPITAL"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/289917",
  "city_as_filed": "WHITE PLAINS",
  "url": "https://advisorcensus.com/firm/prato-capital-management-white-plains-ny-289917",
  "display_name": "Prato Capital Management",
  "summary": "Prato Capital Management is an SEC-registered investment advisory firm in White Plains, NY, registered since 2017, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 2, 2026.",
  "citation": "AdvisorCensus. Prato Capital Management (CRD 289917): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Pension consulting services",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Prato Capital Management compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Prato Capital Management reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Prato Capital Management charge?",
      "a": "Its Form ADV Part 2A brochure dated March 2, 2026 states: Asset-based fee: up to 2% of assets a year (the maximum the brochure states); Flat fee: $1,500 to $10,000 (financial planning services); Hourly rate: $500 an hour (financial planning services). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Prato Capital Management located?",
      "a": "Prato Capital Management's principal office is in White Plains, NY, according to its Form ADV."
    },
    {
      "q": "Is Prato Capital Management registered with the SEC or a state?",
      "a": "Prato Capital Management is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 289917."
    },
    {
      "q": "How much does Prato Capital Management manage?",
      "a": "Prato Capital Management reports $224,563,710 in regulatory assets under management in its Form ADV filing dated March 2, 2026 (100% discretionary)."
    },
    {
      "q": "How have Prato Capital Management's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Prato Capital Management: Regulatory assets under management: $152,217,450 in the October 2021 data and $224,563,710 in the October 2026 data, up 48%. Total employees: 3 in October 2021 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Prato Capital Management serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (241); high net worth individuals (32); pension and profit sharing plans (but not the plan participants or government pension plans) (25)."
    },
    {
      "q": "Which custodians does Prato Capital Management use?",
      "a": "Prato Capital Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Prato Capital 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/289917"
    },
    {
      "q": "Does Prato Capital Management state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 2, 2026 says: \"We offer our services to individuals, high net worth individuals, corporations or other business entities, ERISA Plans, and pension and profit sharing plans. We do not require a minimum account size.\""
    },
    {
      "q": "What changed in Prato Capital Management's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $195,749,788 to $224,563,710 (+15%). Registered or notice-filed in MA. Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 152217450.0,
      "total_employees": 3,
      "filing_date": "2021-02-05"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 166731149.0,
      "total_employees": 3,
      "filing_date": "2022-02-28"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 162788000.0,
      "total_employees": 4,
      "filing_date": "2023-01-23"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 180512178.0,
      "total_employees": 3,
      "filing_date": "2024-03-19"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 195749788.0,
      "total_employees": 3,
      "filing_date": "2025-01-30"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 224563710.0,
      "total_employees": 4,
      "filing_date": "2026-03-02"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $195,749,788 to $224,563,710 (+15%).",
        "Registered or notice-filed in MA.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 2, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": "2% of assets a year",
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Flat fee: $1,500 to $10,000 (financial planning services)",
      "Hourly rate: $500 an hour (financial planning services)"
    ],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: up to 2% of assets a year (the maximum the brochure states)"
        ],
        "quotes": [
          "Our management fee is based on a percentage of assets under management, including the assets purchased on margin, in the client’s account. The annual management fee is no more than 2.00%.",
          "Our fees based on a percentage of assets in the qualified retirement plan will not exceed 2.00%."
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "We offer our services to individuals, high net worth individuals, corporations or other business entities, ERISA Plans, and pension and profit sharing plans. We do not require a minimum account size."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $1,500 to $10,000 (financial planning services)"
        ],
        "quotes": [
          "Fixed Fee: The fixed fee range is between $1,500 and $10,000. The fixed fee range varies and depends upon the nature and complexity of each client’s individual circumstances"
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $500 an hour (financial planning services)"
        ],
        "quotes": [
          "Hourly Fee: The hourly rate will not exceed $500 per hour with a minimum of two hours per engagement. The hourly rate will vary depending on the nature and complexity"
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": 2.0,
      "account_minimum": 0.0,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "flat",
          "amount": null,
          "min": 1500.0,
          "max": 10000.0,
          "period": "one_time",
          "service": "financial planning services"
        },
        {
          "kind": "hourly",
          "amount": 500.0,
          "min": null,
          "max": null,
          "period": "hour",
          "service": "financial planning services"
        }
      ]
    },
    "quotes": [
      "Our management fee is based on a percentage of assets under management, including the assets purchased on margin, in the client’s account. The annual management fee is no more than 2.00%.",
      "Our fees based on a percentage of assets in the qualified retirement plan will not exceed 2.00%.",
      "We offer our services to individuals, high net worth individuals, corporations or other business entities, ERISA Plans, and pension and profit sharing plans. We do not require a minimum account size.",
      "Fixed Fee: The fixed fee range is between $1,500 and $10,000. The fixed fee range varies and depends upon the nature and complexity of each client’s individual circumstances",
      "Hourly Fee: The hourly rate will not exceed $500 per hour with a minimum of two hours per engagement. The hourly rate will vary depending on the nature and complexity"
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "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/prato-capital-management-white-plains-ny-289917.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 241,
      "fewer_than_5": false,
      "raum": 90992777.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 32,
      "fewer_than_5": false,
      "raum": 64823182.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 25,
      "fewer_than_5": false,
      "raum": 41281255.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 2,
      "fewer_than_5": true,
      "raum": 400153.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 5,
      "fewer_than_5": false,
      "raum": 2800515.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 21,
      "fewer_than_5": false,
      "raum": 24265828.0
    }
  ],
  "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/289917",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}