AdvisorCensus / Financial advisors / New York / New York / Prospect Ridge
Prospect Ridge is an SEC-registered investment advisory firm in New York, NY, registered since 2019, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.
Quick answers
From the filingHow is Prospect Ridge compensated?
On its Form ADV (Item 5.E, October 2026), Prospect Ridge reports these compensation arrangements: a percentage of assets under its management; performance-based fees; other.
Where is Prospect Ridge located?
Prospect Ridge's principal office is in New York, NY, according to its Form ADV; the April 2026 filing also lists 2 other offices (Schedule D, Section 1.F).
Is Prospect Ridge registered with the SEC or a state?
Prospect Ridge is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 299594.
How much does Prospect Ridge manage?
Prospect Ridge reports $5,809,355,876 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (98% discretionary).
How have Prospect Ridge's assets and staff changed since 2021?
In the Form ADV data for Prospect Ridge: Regulatory assets under management: $2,665,574,089 in the October 2021 data and $5,809,355,876 in the October 2026 data, up 118%. Total employees: 24 in October 2021 and 44 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Prospect Ridge serve?
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (30).
Does Prospect Ridge 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/299594
Does Prospect Ridge state an account minimum?
Its Form ADV Part 2A brochure dated March 31, 2026 says: "The minimum capital commitment of an Investor in each Fund is typically $500,000, although lesser commitment amounts may be accepted in the discretion of Prospect Ridge or the general partner of a Fund."
What changed in Prospect Ridge's recent Form ADV filings?
In the April 2026 filing data: Employees performing advisory functions went from 40 to 44.
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
- Other
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 2AAccount minimum: $500,000 (the brochure says it may be waived or negotiated)
The brochure's wording
The minimum capital commitment of an Investor in each Fund is typically $500,000, although lesser commitment amounts may be accepted in the discretion of Prospect Ridge or the general partner of a Fund.
As stated in the firm's Form ADV Part 2A brochure dated March 31, 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$5,809,355,876 as of October 2026, filing dated March 31, 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 pooled investment vehicles (other than investment companies)
Registration and firm details
Items 1, 2, 5- Legal name
- Prospect Ridge Advisors, LLC
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2019 (7 years)
- Employees
- Total: 44. Performing investment advisory functions: 44.
- 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
-
2 states or jurisdictions
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 | $5,809,355,876 | 44 | March 31, 2026 |
| October 2025 | $5,430,052,166 | 40 | March 27, 2025 |
| October 2024 | $3,635,467,408 | 39 | March 27, 2024 |
| October 2023 | $3,977,382,462 | 41 | March 29, 2023 |
| October 2022 | $3,587,842,863 | 36 | March 31, 2022 |
| October 2021 | $2,665,574,089 | 24 | March 30, 2021 |
Regulatory assets under management: $2,665,574,089 in the October 2021 data and $5,809,355,876 in the October 2026 data, up 118%.
Total employees: 24 in October 2021 and 44 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
- Employees performing advisory functions went from 40 to 44.
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.ISource: 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 Ridge (CRD 299594): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/prospect-ridge-new-york-ny-299594