# Promus Asset Management, LLC

> Promus Asset Management, LLC is an SEC-registered investment advisory firm in Chicago, IL, registered since 2013, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated April 30, 2026.

- CRD: 165478
- Filed as: PROMUS ASSET MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Chicago, IL
- Filing period: October 2026
- Form ADV filing dated: April 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/165478
- AdvisorCensus page: https://advisorcensus.com/firm/promus-asset-management-llc-chicago-il-165478

## Quick answers

**How is Promus Asset Management, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Promus Asset Management, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**What does Promus Asset Management, LLC's brochure say about its fees?**
Its Form ADV Part 2A brochure dated March 30, 2026 states: Asset-based fee: 0.5% to 2% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Promus Asset Management, LLC located?**
Promus Asset Management, LLC's principal office is in Chicago, IL, according to its Form ADV.

**Is Promus Asset Management, LLC registered with the SEC or a state?**
Promus Asset Management, LLC is an SEC-registered investment advisory firm, registered since 2013. Status as filed: Approved. CRD 165478.

**How much does Promus Asset Management, LLC manage?**
Promus Asset Management, LLC reports $1,272,271,986 in regulatory assets under management in its Form ADV filing dated April 30, 2026 (100% discretionary).

**How have Promus Asset Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for Promus Asset Management, LLC: Regulatory assets under management: $1,256,581,666 in the October 2021 data and $1,272,271,986 in the October 2026 data, up 1%. Total employees: 24 in October 2021 and 13 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Promus Asset Management, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (21).

**Does Promus Asset 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/165478

**What changed in Promus Asset Management, LLC's recent Form ADV filings?**
In the February 2026 filing data: No longer lists the business name Promus. Employees performing advisory functions went from 17 to 7. Regulatory assets under management went from $2,881,509,325 to $1,344,146,614 (-53%). 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

### Fees and minimums (Form ADV Part 2A brochure dated March 30, 2026)

- Asset-based fee: 0.5% to 2% a year (a range, as the brochure states it)

> Management fees typically range from 0.5% to 2% per year depending on the particular Fund.

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

### Regulatory assets under management (Item 5.F)
- Total: $1,272,271,986
- Discretionary: $1,272,271,986
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 21 | $1,272,271,986 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2013 (13 years)
- Employees: 13 total, 7 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: IL
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- promusequity.com
- promusholdings.com
- LinkedIn @promus-equity-partners
- LinkedIn @promus-holdings-llc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,256,581,666 | 24 | May 3, 2021 |
| October 2022 | $1,657,563,557 | 28 | September 19, 2022 |
| October 2023 | $2,182,095,234 | 26 | July 7, 2023 |
| October 2024 | $2,438,560,292 | 28 | July 2, 2024 |
| October 2025 | $2,881,509,325 | 31 | July 2, 2025 |
| October 2026 | $1,272,271,986 | 13 | April 30, 2026 |

Regulatory assets under management: $1,256,581,666 in the October 2021 data and $1,272,271,986 in the October 2026 data, up 1%.
Total employees: 24 in October 2021 and 13 in October 2026.

## Changes in the filing (last 12 months)

### February 2026
- No longer lists the business name Promus.
- Employees performing advisory functions went from 17 to 7.
- Regulatory assets under management went from $2,881,509,325 to $1,344,146,614 (-53%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Promus Asset Management, LLC (CRD 165478): Form ADV filing data as of October 2026.