AdvisorCensus / Financial advisors / New York / New York / Prospect Hill Management, LLC
Prospect Hill Management, LLC
Filed as PROSPECT HILL MANAGEMENT, LLC
Prospect Hill Management, LLC is an SEC-registered investment advisory firm in Short Hills, NJ, registered since 2021, 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 Prospect Hill Management, LLC compensated?
On its Form ADV (Item 5.E, October 2026), Prospect Hill Management, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).
What does Prospect Hill Management, LLC's brochure say about its fees?
Its Form ADV Part 2A brochure dated March 25, 2026 states: Up to $2,000,000: 1.25% a year; Above $2,000,000: 1% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Prospect Hill Management, LLC located?
Prospect Hill Management, LLC's principal office is in Short Hills, NJ, according to its Form ADV.
Is Prospect Hill Management, LLC registered with the SEC or a state?
Prospect Hill Management, LLC is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 134080.
How much does Prospect Hill Management, LLC manage?
Prospect Hill Management, LLC reports $256,582,019 in regulatory assets under management in its Form ADV filing dated March 25, 2026 (100% discretionary).
How have Prospect Hill Management, LLC's assets and staff changed since 2021?
In the Form ADV data for Prospect Hill Management, LLC: Regulatory assets under management: $146,748,908 in the October 2021 data and $256,582,019 in the October 2026 data, up 75%. Total employees: 2 in October 2021 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Prospect Hill Management, LLC serve?
By number of clients on Form ADV Item 5.D: high net worth individuals (35); individuals (other than high net worth individuals) (2); pooled investment vehicles (other than investment companies and business development companies) (1).
Which custodians does Prospect Hill Management, LLC use?
Prospect Hill Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., Interactive Brokers LLC and Morgan Stanley as custodians holding 10% or more of its separately managed account assets.
Does Prospect Hill 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/134080
Does Prospect Hill Management, LLC state an account minimum?
Its Form ADV Part 2A brochure dated March 25, 2026 says: "A minimum of $1,000,000 of assets under management is required for this service. This account size may be negotiable under certain circumstances."
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
- Fixed fees (other than subscription 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
Fees and minimums
Form ADV Part 2A| Assets | Annual rate |
|---|---|
| Up to $2,000,000 | 1.25% |
| Above $2,000,000 | 1% |
The brochure's wording
Our fees for Investment Supervisory Services are charged at the following rates: ● 1.25% per year on accounts with market value of gross assets up to $2,000,000 ● 1.00% per year on accounts with market value of gross assets above $2,000,000
Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)
The brochure's wording
A minimum of $1,000,000 of assets under management is required for this service. This account size may be negotiable under certain circumstances.
As stated in the firm's Form ADV Part 2A brochure dated March 25, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$256,582,019 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 individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2021 (5 years)
- Employees
- Total: 2. Performing investment advisory functions: 1.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
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.
- States registered or notice-filed
-
1 state or jurisdiction
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 | $256,582,019 | 2 | March 25, 2026 |
| October 2025 | $234,246,114 | 2 | March 7, 2025 |
| October 2024 | $175,052,895 | 2 | February 8, 2024 |
| October 2023 | $121,453,065 | 2 | March 20, 2023 |
| October 2022 | $188,876,128 | 2 | March 21, 2022 |
| October 2021 | $146,748,908 | 2 | March 31, 2021 |
Regulatory assets under management: $146,748,908 in the October 2021 data and $256,582,019 in the October 2026 data, up 75%.
Total employees: 2 in October 2021 and 2 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 monthsNo changes to these filed facts in the last 12 months of filing data.
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. Prospect Hill Management, LLC (CRD 134080): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/prospect-hill-management-llc-short-hills-nj-134080