{
  "crd_number": 112526,
  "slug": "rafferty-asset-management-llc-new-york-ny-112526",
  "primary_business_name": "RAFFERTY ASSET MANAGEMENT, LLC",
  "legal_name": "RAFFERTY ASSET MANAGEMENT, LLC",
  "dbas": [],
  "city": "New York",
  "state": "NY",
  "country": "United States",
  "cbsa_code": "35620",
  "metro": {
    "cbsa_code": "35620",
    "common_name": "New York",
    "msa_name": "New York-Newark-Jersey City, NY-NJ",
    "path": "/advisors/ny/new-york"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "1997-06-25",
  "years_registered": 29,
  "period": "2026-10-01",
  "filing_date": "2026-03-03",
  "carried_forward": false,
  "raum_total": 55241777722.0,
  "raum_discretionary": 55241777722.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 45,
  "advisory_employees": 13,
  "client_count_bucket": null,
  "clients_by_type": {
    "investment_companies": {
      "raum": 55205998661.0,
      "count": 132
    },
    "pooled_investment_vehicles": {
      "raum": 35779061.0,
      "count": 1
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_investment_companies",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "DE"
  ],
  "websites": [
    "https://direxion.com",
    "https://direxionfunds.com",
    "https://direxioninvestments.com",
    "https://direxionshares.com",
    "https://facebook.com/DIREXION",
    "https://instagram.com/direxionetfs",
    "https://linkedin.com/COMPANY/27605698",
    "https://linkedin.com/COMPANY/990494",
    "https://linkedin.com/company/direxionfunds",
    "https://reddit.com/u/DirexionETFs",
    "https://twitter.com/DIREXIONLETFS?LANG=EN",
    "https://youtube.com/CHANNEL/UCZ3CAB0CS8D_IVAIA67BUHA",
    "https://youtube.com/user/DirexionShares"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/112526",
  "city_as_filed": "NEW YORK",
  "url": "https://advisorcensus.com/firm/rafferty-asset-management-llc-new-york-ny-112526",
  "display_name": "Rafferty Asset Management, LLC",
  "summary": "Rafferty Asset Management, LLC is an SEC-registered investment advisory firm in New York, NY, registered since 1997, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 3, 2026.",
  "citation": "AdvisorCensus. Rafferty Asset Management, LLC (CRD 112526): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for investment companies (and business development companies)",
    "Portfolio management for pooled investment vehicles (other than investment companies)"
  ],
  "quick_answers": [
    {
      "q": "How is Rafferty Asset Management, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Rafferty Asset Management, LLC reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Rafferty Asset Management, LLC located?",
      "a": "Rafferty Asset Management, LLC'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)."
    },
    {
      "q": "Is Rafferty Asset Management, LLC registered with the SEC or a state?",
      "a": "Rafferty Asset Management, LLC is an SEC-registered investment advisory firm, registered since 1997. Status as filed: Approved. CRD 112526."
    },
    {
      "q": "How much does Rafferty Asset Management, LLC manage?",
      "a": "Rafferty Asset Management, LLC reports $55,241,777,722 in regulatory assets under management in its Form ADV filing dated March 3, 2026 (100% discretionary)."
    },
    {
      "q": "How have Rafferty Asset Management, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Rafferty Asset Management, LLC: Regulatory assets under management: $19,553,693,174 in the October 2021 data and $55,241,777,722 in the October 2026 data, up 183%. Total employees: 30 in October 2021 and 45 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Rafferty Asset Management, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: investment companies (132); pooled investment vehicles (other than investment companies and business development companies) (1)."
    },
    {
      "q": "Does Rafferty Asset Management, LLC report any disciplinary disclosures?",
      "a": "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/112526"
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 19553693174.0,
      "total_employees": 30,
      "filing_date": "2021-03-25"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 30964349620.0,
      "total_employees": 30,
      "filing_date": "2022-03-10"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 28523137694.0,
      "total_employees": 35,
      "filing_date": "2023-06-15"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 38303627764.0,
      "total_employees": 37,
      "filing_date": "2024-02-27"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 54755868665.0,
      "total_employees": 43,
      "filing_date": "2025-07-01"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 55241777722.0,
      "total_employees": 45,
      "filing_date": "2026-03-03"
    }
  ],
  "recent_changes": [],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/rafferty-asset-management-llc-new-york-ny-112526.md",
  "clients": [
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 132,
      "fewer_than_5": false,
      "raum": 55205998661.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 1,
      "fewer_than_5": false,
      "raum": 35779061.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/112526",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}