{
  "crd_number": 298593,
  "slug": "sage-mountain-advisors-llc-atlanta-ga-298593",
  "primary_business_name": "SAGE MOUNTAIN ADVISORS, LLC",
  "legal_name": "SAGE MOUNTAIN ADVISORS, LLC",
  "dbas": [],
  "city": "Atlanta",
  "state": "GA",
  "country": "United States",
  "cbsa_code": "12060",
  "metro": {
    "cbsa_code": "12060",
    "common_name": "Atlanta",
    "msa_name": "Atlanta-Sandy Springs-Roswell, GA",
    "path": "/advisors/ga/atlanta"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2018-09-18",
  "years_registered": 8,
  "period": "2026-10-01",
  "filing_date": "2026-07-09",
  "carried_forward": false,
  "raum_total": 4286824438.0,
  "raum_discretionary": 4286222457.0,
  "raum_non_discretionary": 601981.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 31,
  "advisory_employees": 20,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 234188088.0,
      "count": 4,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 4987519.0,
      "count": 25
    },
    "high_net_worth_individuals": {
      "raum": 4020752791.0,
      "count": 161
    },
    "pooled_investment_vehicles": {
      "raum": 26896040.0,
      "count": 3
    }
  },
  "compensation_types": [
    "fixed",
    "other",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "other",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_pooled_vehicles",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "CO",
    "FL",
    "GA",
    "LA",
    "NC",
    "NE",
    "NJ",
    "NY",
    "OK",
    "PA",
    "TN",
    "TX",
    "WY"
  ],
  "websites": [
    "https://linkedin.com/company/sage-mountain-advisors",
    "https://sagemountainadvisors.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/298593",
  "city_as_filed": "ATLANTA",
  "url": "https://advisorcensus.com/firm/sage-mountain-advisors-llc-atlanta-ga-298593",
  "display_name": "Sage Mountain Advisors, LLC",
  "summary": "Sage Mountain Advisors, LLC is an SEC-registered investment advisory firm in Atlanta, GA, registered since 2018, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated July 9, 2026.",
  "citation": "AdvisorCensus. Sage Mountain Advisors, LLC (CRD 298593): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)",
    "Other"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "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",
    "Selection of other advisers (including private fund managers)",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Sage Mountain Advisors, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Sage Mountain Advisors, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); other."
    },
    {
      "q": "How much does Sage Mountain Advisors, LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated July 9, 2026 states: Asset-based fee: 0.2% to 1.25% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Sage Mountain Advisors, LLC located?",
      "a": "Sage Mountain Advisors, LLC's principal office is in Atlanta, GA, according to its Form ADV."
    },
    {
      "q": "Is Sage Mountain Advisors, LLC registered with the SEC or a state?",
      "a": "Sage Mountain Advisors, LLC is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 298593."
    },
    {
      "q": "How much does Sage Mountain Advisors, LLC manage?",
      "a": "Sage Mountain Advisors, LLC reports $4,286,824,438 in regulatory assets under management in its Form ADV filing dated July 9, 2026 (100% discretionary)."
    },
    {
      "q": "How have Sage Mountain Advisors, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Sage Mountain Advisors, LLC: Regulatory assets under management: $752,824,239 in the October 2021 data and $4,286,824,438 in the October 2026 data, up 469%. Total employees: 9 in October 2021 and 31 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Sage Mountain Advisors, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (161); individuals (other than high net worth individuals) (25); charitable organizations (4)."
    },
    {
      "q": "Which custodians does Sage Mountain Advisors, LLC use?",
      "a": "Sage Mountain Advisors, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists National Financial Services LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Sage Mountain Advisors, 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/298593"
    },
    {
      "q": "What changed in Sage Mountain Advisors, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 16 to 20. Regulatory assets under management went from $3,364,259,268 to $4,286,824,438 (+27%). Registered or notice-filed in CO, NC, OK, PA. Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 752824239.0,
      "total_employees": 9,
      "filing_date": "2021-08-05"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 1405350941.0,
      "total_employees": 15,
      "filing_date": "2022-03-25"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 1527367629.0,
      "total_employees": 20,
      "filing_date": "2023-03-27"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 2190085084.0,
      "total_employees": 22,
      "filing_date": "2024-05-10"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 3364259268.0,
      "total_employees": 25,
      "filing_date": "2025-07-31"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 4286824438.0,
      "total_employees": 31,
      "filing_date": "2026-07-09"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 16 to 20.",
        "Regulatory assets under management went from $3,364,259,268 to $4,286,824,438 (+27%).",
        "Registered or notice-filed in CO, NC, OK, PA.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated July 9, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": "0.2% to 1.25% a year",
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": "$100,000",
    "planning_fees": [],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 0.2% to 1.25% a year (a range, as the brochure states it)"
        ],
        "quotes": [
          "This management fee varies from 0.20% to 1.25% per annum depending upon the size and complexity of a client’s portfolio and the type of services rendered."
        ]
      },
      {
        "label": "Minimum annual fee",
        "statements": [
          "Minimum annual fee: $100,000"
        ],
        "quotes": [
          "Account relationships who wish to engage our services may do so by agreeing to a minimum annual fee of $100,000, billed quarterly and in arrears.",
          "Sage Mountain, in its sole discretion, reserves the right to waive its minimum fee and/or charge a lesser investment advisory fee based upon certain criteria."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": [
        0.2,
        1.25
      ],
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": 100000.0,
      "planning": []
    },
    "quotes": [
      "This management fee varies from 0.20% to 1.25% per annum depending upon the size and complexity of a client’s portfolio and the type of services rendered.",
      "Account relationships who wish to engage our services may do so by agreeing to a minimum annual fee of $100,000, billed quarterly and in arrears.",
      "Sage Mountain, in its sole discretion, reserves the right to waive its minimum fee and/or charge a lesser investment advisory fee based upon certain criteria."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "National Financial Services LLC",
      "name_as_filed": "NATIONAL FINANCIAL SERVICES LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/sage-mountain-advisors-llc-atlanta-ga-298593.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 25,
      "fewer_than_5": false,
      "raum": 4987519.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 161,
      "fewer_than_5": false,
      "raum": 4020752791.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 3,
      "fewer_than_5": false,
      "raum": 26896040.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 4,
      "fewer_than_5": true,
      "raum": 234188088.0
    }
  ],
  "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/298593",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}