{ "crd_number": 304725, "slug": "saluda-grade-asset-management-llc-new-york-ny-304725", "primary_business_name": "SALUDA GRADE ASSET MANAGEMENT LLC", "legal_name": "SALUDA GRADE 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": "2022-08-03", "years_registered": 4, "period": "2026-10-01", "filing_date": "2026-06-22", "carried_forward": false, "raum_total": 5826711802.0, "raum_discretionary": 5395078243.0, "raum_non_discretionary": 431633559.0, "raum_band": "over_5b", "raum_band_label": "Over $5 billion", "total_employees": 51, "advisory_employees": 19, "client_count_bucket": "fewer_than_5_in_some_types", "clients_by_type": { "banking_thrift": { "raum": 294123504.0, "count": null, "fewer_than_5": true }, "insurance_companies": { "raum": 836255655.0, "count": null, "fewer_than_5": true }, "pooled_investment_vehicles": { "raum": 4696332643.0, "count": 15 } }, "compensation_types": [ "other", "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_businesses_institutional", "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "CO", "GA", "MA", "NY" ], "websites": [ "https://linkedin.com/company/saluda-grade", "https://saludagrade.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/304725", "city_as_filed": "NEW YORK", "url": "https://advisorcensus.com/firm/saluda-grade-asset-management-llc-new-york-ny-304725", "display_name": "Saluda Grade Asset Management LLC", "summary": "Saluda Grade Asset Management LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2022, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated June 22, 2026.", "citation": "AdvisorCensus. Saluda Grade Asset Management LLC (CRD 304725): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Performance-based fees", "Other" ], "advisory_activity_labels": [ "Portfolio management for pooled investment vehicles (other than investment companies)", "Portfolio management for businesses (other than small businesses) or institutional clients" ], "quick_answers": [ { "q": "How is Saluda Grade Asset Management LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Saluda Grade Asset Management LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees; other. The amounts are in Item 5 of its Form ADV Part 2A brochure." }, { "q": "Where is Saluda Grade Asset Management LLC located?", "a": "Saluda Grade Asset Management LLC's principal office is in New York, NY, according to its Form ADV; the July 2026 filing also lists 3 other offices (Schedule D, Section 1.F)." }, { "q": "Is Saluda Grade Asset Management LLC registered with the SEC or a state?", "a": "Saluda Grade Asset Management LLC is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 304725." }, { "q": "How much does Saluda Grade Asset Management LLC manage?", "a": "Saluda Grade Asset Management LLC reports $5,826,711,802 in regulatory assets under management in its Form ADV filing dated June 22, 2026 (93% discretionary)." }, { "q": "How have Saluda Grade Asset Management LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for Saluda Grade Asset Management LLC: Regulatory assets under management: $542,992,767 in the October 2022 data and $5,826,711,802 in the October 2026 data, up 973%. Total employees: 25 in October 2022 and 51 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Saluda Grade Asset Management LLC serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (15)." }, { "q": "Does Saluda Grade 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/304725" }, { "q": "What changed in Saluda Grade Asset Management LLC's recent Form ADV filings?", "a": "In the July 2026 filing data: Updated its list of owners and control persons (Schedule A)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": null, "total_employees": null, "filing_date": "2021-01-22" }, { "period": "2022-10-01", "regulatory_assets_under_management": 542992767.0, "total_employees": 25, "filing_date": "2022-08-19" }, { "period": "2023-10-01", "regulatory_assets_under_management": 1247200993.0, "total_employees": 23, "filing_date": "2023-08-17" }, { "period": "2024-10-01", "regulatory_assets_under_management": 2612505898.0, "total_employees": 32, "filing_date": "2024-07-01" }, { "period": "2025-10-01", "regulatory_assets_under_management": 3629070999.0, "total_employees": 45, "filing_date": "2025-06-30" }, { "period": "2026-10-01", "regulatory_assets_under_management": 5826711802.0, "total_employees": 51, "filing_date": "2026-06-22" } ], "recent_changes": [ { "period": "2026-07-01", "period_label": "July 2026", "notes": [ "Updated its list of owners and control persons (Schedule A)." ] }, { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 21 to 19.", "Updated its list of owners and control persons (Schedule A)." ] }, { "period": "2025-12-01", "period_label": "December 2025", "notes": [ "Regulatory assets under management went from $3,629,070,999 to $5,867,777,734 (+62%).", "Registered or notice-filed in GA, MA." ] }, { "period": "2025-11-01", "period_label": "November 2025", "notes": [ "Added an office in Atlanta, GA." ] } ], "fees_from_brochure": null, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/saluda-grade-asset-management-llc-new-york-ny-304725.md", "clients": [ { "type": "banking_thrift", "label": "Banking or thrift institutions", "count": null, "fewer_than_5": true, "raum": 294123504.0 }, { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 15, "fewer_than_5": false, "raum": 4696332643.0 }, { "type": "insurance_companies", "label": "Insurance companies", "count": null, "fewer_than_5": true, "raum": 836255655.0 } ], "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/304725", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }