# 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.

- CRD: 134080
- Filed as: PROSPECT HILL MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Short Hills, NJ
- Filing period: October 2026
- Form ADV filing dated: March 25, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/134080
- AdvisorCensus page: https://advisorcensus.com/firm/prospect-hill-management-llc-short-hills-nj-134080

## Quick answers

**How 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).

**How much does Prospect Hill Management, LLC charge?**
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

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

### Fees and minimums (Form ADV Part 2A brochure dated March 25, 2026)

- Up to $2,000,000: 1.25% a year
- Above $2,000,000: 1% a year

> 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)

> 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 brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- Interactive Brokers LLC
- Morgan Stanley

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: $256,582,019
- Discretionary: $256,582,019
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 2 | $173,689 |
| High net worth individuals | 35 | $209,475,377 |
| Banking or thrift institutions | 0 | Not reported |
| Investment companies | 0 | Not reported |
| Business development companies | 0 | Not reported |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $46,928,013 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | Not reported |
| Charitable organizations | 0 | Not reported |
| State or municipal government entities (including government pension plans) | 0 | Not reported |
| Other investment advisers | 0 | Not reported |
| Insurance companies | 0 | Not reported |
| Sovereign wealth funds and foreign official institutions | 0 | Not reported |
| Corporations or other businesses not listed above | 1 | $4,940 |
| Other | 0 | Not reported |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2021 (5 years)
- Employees: 2 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NJ
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $146,748,908 | 2 | March 31, 2021 |
| October 2022 | $188,876,128 | 2 | March 21, 2022 |
| October 2023 | $121,453,065 | 2 | March 20, 2023 |
| October 2024 | $175,052,895 | 2 | February 8, 2024 |
| October 2025 | $234,246,114 | 2 | March 7, 2025 |
| October 2026 | $256,582,019 | 2 | March 25, 2026 |

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.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Prospect Hill Management, LLC (CRD 134080): Form ADV filing data as of October 2026.