# Prato Capital Management

> 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.

- CRD: 289917
- Filed as: PRATO CAPITAL MANAGEMENT
- Legal name: Prato Capital Management, Inc.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: White Plains, NY
- Filing period: October 2026
- Form ADV filing dated: March 2, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/289917
- AdvisorCensus page: https://advisorcensus.com/firm/prato-capital-management-white-plains-ny-289917

## Quick answers

**How is Prato Capital Management compensated?**
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).

**How much does Prato Capital Management charge?**
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.

**Where is Prato Capital Management located?**
Prato Capital Management's principal office is in White Plains, NY, according to its Form ADV.

**Is Prato Capital Management registered with the SEC or a state?**
Prato Capital Management is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 289917.

**How much does Prato Capital Management manage?**
Prato Capital Management reports $224,563,710 in regulatory assets under management in its Form ADV filing dated March 2, 2026 (100% discretionary).

**How have Prato Capital Management's assets and staff changed since 2021?**
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.

**What types of clients does Prato Capital Management serve?**
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).

**Which custodians does Prato Capital Management use?**
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.

**Does Prato Capital Management 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/289917

**Does Prato Capital Management state an account minimum?**
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."

**What changed in Prato Capital Management's recent Form ADV filings?**
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).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

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

- Asset-based fee: up to 2% of assets a year (the maximum the brochure states)

> 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%.

- Account minimum: None

> 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.

- Flat fee: $1,500 to $10,000 (financial planning services)

> 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 rate: $500 an hour (financial planning services)

> 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

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

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

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: $224,563,710
- Discretionary: $224,563,710
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 241 | $90,992,777 |
| High net worth individuals | 32 | $64,823,182 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 25 | $41,281,255 |
| Charitable organizations | 2 | $400,153 |
| Corporations or other businesses not listed above | 5 | $2,800,515 |
| Other | 21 | $24,265,828 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2017 (8 years)
- Employees: 4 total, 3 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: CA, CT, FL, MA, NH, NJ, NY, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- pratocapital.com
- Facebook @PRATOCAPITAL
- Instagram @PRATOCAPITAL
- LinkedIn @PRATO-CAPITAL-MANAGEMENT
- X @PRATOCAPITAL

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $152,217,450 | 3 | February 5, 2021 |
| October 2022 | $166,731,149 | 3 | February 28, 2022 |
| October 2023 | $162,788,000 | 4 | January 23, 2023 |
| October 2024 | $180,512,178 | 3 | March 19, 2024 |
| October 2025 | $195,749,788 | 3 | January 30, 2025 |
| October 2026 | $224,563,710 | 4 | March 2, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- 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).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Prato Capital Management (CRD 289917): Form ADV filing data as of October 2026.