# RJA Asset Management LLC

> RJA Asset Management LLC is an SEC-registered investment advisory firm in Stamford, CT, registered since 2010, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated September 23, 2026.

- CRD: 153428
- Filed as: RJA ASSET MANAGEMENT LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Stamford, CT
- Filing period: October 2026
- Form ADV filing dated: September 23, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/153428
- AdvisorCensus page: https://advisorcensus.com/firm/rja-asset-management-llc-stamford-ct-153428

## Quick answers

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

**How much does RJA Asset Management LLC charge?**
Its Form ADV Part 2A brochure dated February 23, 2026 states: Asset-based fee: up to 1% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is RJA Asset Management LLC located?**
RJA Asset Management LLC's principal office is in Stamford, CT, according to its Form ADV.

**Is RJA Asset Management LLC registered with the SEC or a state?**
RJA Asset Management LLC is an SEC-registered investment advisory firm, registered since 2010. Status as filed: Approved. CRD 153428.

**How much does RJA Asset Management LLC manage?**
RJA Asset Management LLC reports $588,940,507 in regulatory assets under management in its Form ADV filing dated September 23, 2026 (100% discretionary).

**How have RJA Asset Management LLC's assets and staff changed since 2021?**
In the Form ADV data for RJA Asset Management LLC: Regulatory assets under management: $356,495,409 in the October 2021 data and $588,940,507 in the October 2026 data, up 65%. Total employees: 9 in October 2021 and 8 in October 2026. Assets under management move with markets as well as with clients coming and going.

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

**Which custodians does RJA Asset Management LLC use?**
RJA Asset Management LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and The Northern Trust Company as custodians holding 10% or more of its separately managed account assets.

**Does RJA Asset 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/153428

**What changed in RJA Asset Management LLC's recent Form ADV filings?**
In the September 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated February 23, 2026)

- Asset-based fee: up to 1% of assets a year (the maximum the brochure states)

> Fees without a performance fee component are generally up to 1% per annum of the notional exposure (economic exposure) of the risk characteristics that are being altered or created, or on the amount defined in the client agreement.

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.
- The Northern Trust Company

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: $588,940,507
- Discretionary: $588,940,507
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 5 | $115,299,397 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $245,240,671 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | Fewer than 5 | $169,588,817 |
| State or municipal government entities (including government pension plans) | Fewer than 5 | $55,149,514 |
| Other investment advisers | Fewer than 5 | $3,662,108 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

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

### Firm details
- Registered since: 2010 (16 years)
- Employees: 8 total, 5 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, CT
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- rja-llc.com
- LinkedIn @rja-asset-management

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $356,495,409 | 9 | March 31, 2021 |
| October 2022 | $650,207,158 | 9 | July 22, 2022 |
| October 2023 | $847,062,309 | 8 | April 28, 2023 |
| October 2024 | $720,082,969 | 8 | March 26, 2024 |
| October 2025 | $992,490,453 | 8 | March 20, 2025 |
| October 2026 | $588,940,507 | 8 | September 23, 2026 |

Regulatory assets under management: $356,495,409 in the October 2021 data and $588,940,507 in the October 2026 data, up 65%.
Total employees: 9 in October 2021 and 8 in October 2026.

## Changes in the filing (last 12 months)

### September 2026
- Updated its list of owners and control persons (Schedule A).

### March 2026
- Regulatory assets under management went from $992,490,453 to $588,940,507 (-41%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. RJA Asset Management LLC (CRD 153428): Form ADV filing data as of October 2026.