{ "crd_number": 300069, "slug": "sierra-crest-investment-management-llc-new-york-ny-300069", "primary_business_name": "SIERRA CREST INVESTMENT MANAGEMENT LLC", "legal_name": "SIERRA CREST INVESTMENT 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": "2019-01-30", "years_registered": 7, "period": "2026-10-01", "filing_date": "2026-03-31", "carried_forward": false, "raum_total": 781145561.0, "raum_discretionary": 781145561.0, "raum_non_discretionary": 0.0, "raum_band": "500m_1b", "raum_band_label": "$500 million to $1 billion", "total_employees": 0, "advisory_employees": 0, "client_count_bucket": null, "clients_by_type": { "investment_companies": { "raum": 203591434.0, "count": 1 }, "pooled_investment_vehicles": { "raum": 53913000.0, "count": 1 }, "business_development_companies": { "raum": 523641127.0, "count": 1 } }, "compensation_types": [ "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_investment_companies", "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 4, "states_registered": [], "websites": [], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/300069", "disclosure_items": [ { "item": "11.C(1)", "question": "Has the SEC or the CFTC ever found that the firm or an advisory affiliate made a false statement or omission?" }, { "item": "11.C(2)", "question": "Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?" }, { "item": "11.C(4)", "question": "Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?" }, { "item": "11.C(5)", "question": "Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?" } ], "city_as_filed": "NEW YORK", "url": "https://advisorcensus.com/firm/sierra-crest-investment-management-llc-new-york-ny-300069", "display_name": "Sierra Crest Investment Management LLC", "summary": "Sierra Crest Investment Management LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2019, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.", "citation": "AdvisorCensus. Sierra Crest Investment Management LLC (CRD 300069): 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" ], "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 Sierra Crest Investment Management LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Sierra Crest Investment Management LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees." }, { "q": "Where is Sierra Crest Investment Management LLC located?", "a": "Sierra Crest Investment Management LLC's principal office is in New York, NY, according to its Form ADV." }, { "q": "Is Sierra Crest Investment Management LLC registered with the SEC or a state?", "a": "Sierra Crest Investment Management LLC is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 300069." }, { "q": "How much does Sierra Crest Investment Management LLC manage?", "a": "Sierra Crest Investment Management LLC reports $781,145,561 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary)." }, { "q": "How have Sierra Crest Investment Management LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for Sierra Crest Investment Management LLC: Regulatory assets under management: $1,030,289,110 in the October 2021 data and $781,145,561 in the October 2026 data, down 24%. Total employees: 24 in October 2021 and 0 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Sierra Crest Investment Management LLC serve?", "a": "By number of clients on Form ADV Item 5.D: investment companies (1); business development companies (1); pooled investment vehicles (other than investment companies and business development companies) (1)." }, { "q": "Does Sierra Crest Investment Management LLC report any disciplinary disclosures?", "a": "Reports 4 disclosure items on Form ADV Item 11: yes answers to 11.C(1) (SEC or CFTC finding of a false statement or omission), 11.C(2) (SEC or CFTC finding of a violation), 11.C(4) (SEC or CFTC order), and 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/300069" } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 1030289110.0, "total_employees": 24, "filing_date": "2021-07-01" }, { "period": "2022-10-01", "regulatory_assets_under_management": 1211973843.0, "total_employees": 45, "filing_date": "2022-04-29" }, { "period": "2023-10-01", "regulatory_assets_under_management": 1146194493.0, "total_employees": 49, "filing_date": "2023-03-31" }, { "period": "2024-10-01", "regulatory_assets_under_management": 994160818.0, "total_employees": 0, "filing_date": "2024-07-12" }, { "period": "2025-10-01", "regulatory_assets_under_management": 772595000.0, "total_employees": 0, "filing_date": "2025-03-31" }, { "period": "2026-10-01", "regulatory_assets_under_management": 781145561.0, "total_employees": 0, "filing_date": "2026-03-31" } ], "recent_changes": [], "fees_from_brochure": null, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/sierra-crest-investment-management-llc-new-york-ny-300069.md", "clients": [ { "type": "investment_companies", "label": "Investment companies", "count": 1, "fewer_than_5": false, "raum": 203591434.0 }, { "type": "business_development_companies", "label": "Business development companies", "count": 1, "fewer_than_5": false, "raum": 523641127.0 }, { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 1, "fewer_than_5": false, "raum": 53913000.0 } ], "disclosure_line": "Reports 4 disclosure items on Form ADV Item 11.", "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/300069", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }