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Priority Senior Secured Income Management, LLC
Filed as PRIORITY SENIOR SECURED INCOME MANAGEMENT, LLC
Priority Senior Secured Income Management, LLC is an SEC-registered investment advisory firm in West Palm Beach, FL, registered since 2012, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 25, 2026.
Quick answers
From the filingHow is Priority Senior Secured Income Management, LLC compensated?
On its Form ADV (Item 5.E, October 2026), Priority Senior Secured Income Management, 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 Priority Senior Secured Income Management, LLC located?
Priority Senior Secured Income Management, LLC's principal office is in West Palm Beach, FL, according to its Form ADV; the April 2026 filing also lists 2 other offices (Schedule D, Section 1.F).
Is Priority Senior Secured Income Management, LLC registered with the SEC or a state?
Priority Senior Secured Income Management, LLC is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 165500.
How much does Priority Senior Secured Income Management, LLC manage?
Priority Senior Secured Income Management, LLC reports $479,135,213 in regulatory assets under management in its Form ADV filing dated March 25, 2026 (100% discretionary).
How have Priority Senior Secured Income Management, LLC's assets and staff changed since 2021?
In the Form ADV data for Priority Senior Secured Income Management, LLC: Regulatory assets under management: $606,527,283 in the October 2021 data and $479,135,213 in the October 2026 data, down 21%. Total employees: 96 in October 2021 and 661 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Priority Senior Secured Income Management, LLC serve?
By number of clients on Form ADV Item 5.D: investment companies (1).
Does Priority Senior Secured Income 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/165500
What changed in Priority Senior Secured Income Management, LLC's recent Form ADV filings?
In the April 2026 filing data: Regulatory assets under management went from $915,719,124 to $479,135,213 (-48%).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Performance-based fees
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Regulatory assets under management
Item 5.F$479,135,213 as of October 2026, filing dated March 25, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Portfolio management for investment companies (and business development companies)
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2012 (13 years)
- Employees
- Total: 661. Performing investment advisory functions: 9.
- Wrap fee program participation
- No.
- Other offices (Schedule D, Section 1.F)
-
2 other offices, as of the April 2026 filing
- States registered or notice-filed
- Not reported.
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $479,135,213 | 661 | March 25, 2026 |
| October 2025 | $915,719,124 | 60 | March 27, 2025 |
| October 2024 | $968,639,814 | 61 | June 14, 2024 |
| October 2023 | $901,785,899 | 107 | March 28, 2023 |
| October 2022 | $509,305,431 | 97 | March 28, 2022 |
| October 2021 | $606,527,283 | 96 | March 29, 2021 |
Regulatory assets under management: $606,527,283 in the October 2021 data and $479,135,213 in the October 2026 data, down 21%.
Total employees: 96 in October 2021 and 661 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- April 2026
- Regulatory assets under management went from $915,719,124 to $479,135,213 (-48%).
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.INot reported.
Source: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Priority Senior Secured Income Management, LLC (CRD 165500): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/priority-senior-secured-income-management-llc-west-palm-beach-fl-165500