# Raison Asset Management

> Raison Asset Management is an SEC-registered investment advisory firm in Tallinn, Estonia, registered since 2016, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated June 17, 2026.

- CRD: 282147
- Filed as: RAISON ASSET MANAGEMENT
- Legal name: Raison Asset Management Corp.
- Also doing business as: RAISON WEALTH
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Tallinn, Estonia
- Filing period: October 2026
- Form ADV filing dated: June 17, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/282147
- AdvisorCensus page: https://advisorcensus.com/firm/raison-asset-management-tallinn-282147

## Quick answers

**How is Raison Asset Management compensated?**
On its Form ADV (Item 5.E, October 2026), Raison Asset Management reports these compensation arrangements: a percentage of assets under its management; hourly charges; performance-based fees.

**How much does Raison Asset Management charge?**
Its Form ADV Part 2A brochure dated June 17, 2026 states: Asset-based fee: 0.5% to 2% a year (a range, as the brochure states it); Hourly rate: $120 to $800 an hour (additional payments). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Raison Asset Management located?**
Raison Asset Management's principal office is in Tallinn, Estonia, according to its Form ADV; the July 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Raison Asset Management registered with the SEC or a state?**
Raison Asset Management is an SEC-registered investment advisory firm, registered since 2016. Status as filed: Approved. CRD 282147.

**How much does Raison Asset Management manage?**
Raison Asset Management reports $106,097,249 in regulatory assets under management in its Form ADV filing dated June 17, 2026 (100% discretionary).

**How have Raison Asset Management's assets and staff changed since 2021?**
In the Form ADV data for Raison Asset Management: Regulatory assets under management: $29,785,334 in the October 2021 data and $106,097,249 in the October 2026 data, up 256%. Total employees: 18 in October 2021 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Raison Asset Management serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (4); pooled investment vehicles (other than investment companies and business development companies) (1).

**Does Raison Asset Management 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/282147

**What changed in Raison Asset Management's recent Form ADV filings?**
In the May 2026 filing data: Regulatory assets under management went from $219,949,939 to $106,097,249 (-52%).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated June 17, 2026)

- Asset-based fee: 0.5% to 2% a year (a range, as the brochure states it)

> Average advisory fee is between 0.5% to 2% of assets under management.

- Hourly rate: $120 to $800 an hour (additional payments)

> Raison AM may charge clients by additional agreement hourly fees as additional payments which are typically range from $120 - $800 per hour, and are billed monthly, in arrears.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Regulatory assets under management (Item 5.F)
- Total: $106,097,249
- Discretionary: $106,097,249
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 4 | $3,316,517 |
| Investment companies | 0 | Not reported |
| Business development companies | 0 | Not reported |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $102,780,732 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Selection of other advisers (including private fund managers)
- Educational seminars/workshops

### Firm details
- Registered since: 2016 (10 years)
- Employees: 7 total, 5 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the July 2026 filing
- Vilnius

### Websites listed on Form ADV (Item 1.I)
- wealth.raison.app

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $29,785,334 | 18 | March 25, 2021 |
| October 2022 | $50,978,795 | 18 | March 24, 2022 |
| October 2023 | $53,588,362 | 18 | March 31, 2023 |
| October 2024 | $55,593,368 | 19 | March 26, 2024 |
| October 2025 | $203,451,819 | 19 | March 13, 2025 |
| October 2026 | $106,097,249 | 7 | June 17, 2026 |

Regulatory assets under management: $29,785,334 in the October 2021 data and $106,097,249 in the October 2026 data, up 256%.
Total employees: 18 in October 2021 and 7 in October 2026.

## Changes in the filing (last 12 months)

### May 2026
- Regulatory assets under management went from $219,949,939 to $106,097,249 (-52%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Raison Asset Management (CRD 282147): Form ADV filing data as of October 2026.