# Prescott General Partners LLC

> Prescott General Partners LLC is an SEC-registered investment advisory firm in Boca Raton, FL, registered since 2012, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 27, 2026.

- CRD: 157907
- Filed as: PRESCOTT GENERAL PARTNERS LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Boca Raton, FL
- Filing period: October 2026
- Form ADV filing dated: March 27, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/157907
- AdvisorCensus page: https://advisorcensus.com/firm/prescott-general-partners-llc-boca-raton-fl-157907

## Quick answers

**How is Prescott General Partners LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Prescott General Partners LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Prescott General Partners LLC located?**
Prescott General Partners LLC's principal office is in Boca Raton, FL, according to its Form ADV.

**Is Prescott General Partners LLC registered with the SEC or a state?**
Prescott General Partners LLC is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 157907.

**How much does Prescott General Partners LLC manage?**
Prescott General Partners LLC reports $1,694,886,169 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary).

**How have Prescott General Partners LLC's assets and staff changed since 2021?**
In the Form ADV data for Prescott General Partners LLC: Regulatory assets under management: $2,704,887,567 in the October 2021 data and $1,694,886,169 in the October 2026 data, down 37%. Total employees: 5 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Prescott General Partners LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (1).

**Does Prescott General Partners LLC report any disciplinary disclosures?**
Reports 2 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation) and 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/157907

**What changed in Prescott General Partners LLC's recent Form ADV filings?**
In the April 2026 filing data: 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
- Performance-based fees

### Regulatory assets under management (Item 5.F)
- Total: $1,694,886,169
- Discretionary: $1,694,886,169
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $1,694,886,169 |

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

### Firm details
- Registered since: 2012 (14 years)
- Employees: 5 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL
- Disclosures (Item 11): Reports 2 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.C(2): Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?
- 11.C(5): Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/157907

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $2,704,887,567 | 5 | March 8, 2021 |
| October 2022 | $3,314,835,106 | 5 | March 16, 2022 |
| October 2023 | $1,483,399,156 | 4 | March 13, 2023 |
| October 2024 | $1,972,762,192 | 4 | March 13, 2024 |
| October 2025 | $1,690,413,769 | 4 | March 20, 2025 |
| October 2026 | $1,694,886,169 | 5 | March 27, 2026 |

Regulatory assets under management: $2,704,887,567 in the October 2021 data and $1,694,886,169 in the October 2026 data, down 37%.
Total employees: 5 in October 2021 and 5 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Updated its list of owners and control persons (Schedule A).

### November 2025
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Prescott General Partners LLC (CRD 157907): Form ADV filing data as of October 2026.