# 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.

- CRD: 299594
- Filed as: PROSPECT RIDGE
- Legal name: Prospect Ridge Advisors, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/299594
- AdvisorCensus page: https://advisorcensus.com/firm/prospect-ridge-new-york-ny-299594

## Quick answers

**How 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

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees
- Other

### Fees and minimums (Form ADV Part 2A brochure dated March 31, 2026)

- Account minimum: $500,000 (the brochure says it may be waived or negotiated)

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

### Regulatory assets under management (Item 5.F)
- Total: $5,809,355,876
- Discretionary: $5,673,374,269
- Non-discretionary: $135,981,607

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 30 | $5,809,355,876 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2019 (7 years)
- Employees: 44 total, 44 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, TN
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Brentwood, TN
- San Francisco, CA

### Websites listed on Form ADV (Item 1.I)
- prospectridge.com
- LinkedIn @prospect-ridge

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $2,665,574,089 | 24 | March 30, 2021 |
| October 2022 | $3,587,842,863 | 36 | March 31, 2022 |
| October 2023 | $3,977,382,462 | 41 | March 29, 2023 |
| October 2024 | $3,635,467,408 | 39 | March 27, 2024 |
| October 2025 | $5,430,052,166 | 40 | March 27, 2025 |
| October 2026 | $5,809,355,876 | 44 | March 31, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 40 to 44.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Prospect Ridge (CRD 299594): Form ADV filing data as of October 2026.