{ "crd_number": 107318, "slug": "sisung-investment-management-services-llc-metairie-la-107318", "primary_business_name": "SISUNG INVESTMENT MANAGEMENT SERVICES LLC", "legal_name": "SISUNG INVESTMENT MANAGEMENT SERVICES LLC", "dbas": [ "SIMS" ], "city": "Metairie", "state": "LA", "country": "United States", "cbsa_code": "35380", "metro": { "cbsa_code": "35380", "common_name": "New Orleans", "msa_name": "New Orleans-Metairie, LA", "path": "/advisors/la/new-orleans" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "1995-08-18", "years_registered": 31, "period": "2026-10-01", "filing_date": "2026-08-24", "carried_forward": false, "raum_total": 1943099882.0, "raum_discretionary": 1940324945.0, "raum_non_discretionary": 2774937.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 7, "advisory_employees": 4, "client_count_bucket": null, "clients_by_type": { "state_municipal": { "raum": 1943099882.0, "count": 13 } }, "compensation_types": [ "percentage_of_aum" ], "advisory_activities": [ "portfolio_management_businesses_institutional", "portfolio_management_individuals" ], "wrap_fee_participant": false, "disclosure_yes_count": 1, "states_registered": [ "AL", "FL", "GA", "LA", "MS", "TX" ], "websites": [ "https://sisunginvestments.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/107318", "disclosure_items": [ { "item": "11.E(2)", "question": "Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?" } ], "city_as_filed": "METAIRIE", "url": "https://advisorcensus.com/firm/sisung-investment-management-services-llc-metairie-la-107318", "display_name": "Sisung Investment Management Services LLC", "summary": "Sisung Investment Management Services LLC is an SEC-registered investment advisory firm in Metairie, LA, registered since 1995, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated August 24, 2026.", "citation": "AdvisorCensus. Sisung Investment Management Services LLC (CRD 107318): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management" ], "advisory_activity_labels": [ "Portfolio management for individuals and/or small businesses", "Portfolio management for businesses (other than small businesses) or institutional clients" ], "quick_answers": [ { "q": "How is Sisung Investment Management Services LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Sisung Investment Management Services LLC reports these compensation arrangements: a percentage of assets under its management." }, { "q": "Where is Sisung Investment Management Services LLC located?", "a": "Sisung Investment Management Services LLC's principal office is in Metairie, LA, according to its Form ADV." }, { "q": "Is Sisung Investment Management Services LLC registered with the SEC or a state?", "a": "Sisung Investment Management Services LLC is an SEC-registered investment advisory firm, registered since 1995. Status as filed: Approved. CRD 107318." }, { "q": "How much does Sisung Investment Management Services LLC manage?", "a": "Sisung Investment Management Services LLC reports $1,943,099,882 in regulatory assets under management in its Form ADV filing dated August 24, 2026 (100% discretionary)." }, { "q": "How have Sisung Investment Management Services LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for Sisung Investment Management Services LLC: Regulatory assets under management: $1,638,019,700 in the October 2021 data and $1,943,099,882 in the October 2026 data, up 19%. Total employees: 7 in October 2021 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Sisung Investment Management Services LLC serve?", "a": "By number of clients on Form ADV Item 5.D: state or municipal government entities (including government pension plans) (13)." }, { "q": "Does Sisung Investment Management Services LLC report any disciplinary disclosures?", "a": "Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.E(2) (self-regulatory organization's finding of a rule violation). 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/107318" }, { "q": "Does Sisung Investment Management Services LLC state an account minimum?", "a": "Its Form ADV Part 2A brochure dated March 19, 2026 says: \"Minimum Account Size: None\"" }, { "q": "What changed in Sisung Investment Management Services LLC's recent Form ADV filings?", "a": "In the September 2026 filing data: Updated its list of owners and control persons (Schedule A)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 1638019700.0, "total_employees": 7, "filing_date": "2021-03-31" }, { "period": "2022-10-01", "regulatory_assets_under_management": 1597603745.0, "total_employees": 7, "filing_date": "2022-05-02" }, { "period": "2023-10-01", "regulatory_assets_under_management": 1954920079.0, "total_employees": 7, "filing_date": "2023-03-29" }, { "period": "2024-10-01", "regulatory_assets_under_management": 2000884017.0, "total_employees": 7, "filing_date": "2024-03-28" }, { "period": "2025-10-01", "regulatory_assets_under_management": 1953375257.0, "total_employees": 7, "filing_date": "2025-03-26" }, { "period": "2026-10-01", "regulatory_assets_under_management": 1943099882.0, "total_employees": 7, "filing_date": "2026-08-24" } ], "recent_changes": [ { "period": "2026-09-01", "period_label": "September 2026", "notes": [ "Updated its list of owners and control persons (Schedule A)." ] }, { "period": "2026-01-01", "period_label": "January 2026", "notes": [ "No longer registered or notice-filed in CA." ] } ], "fees_from_brochure": { "source": "Form ADV Part 2A brochure dated March 19, 2026", "provided_by_the_firm": false, "tiers": [], "flat_rate": null, "stated_range": null, "stated_maximum": null, "account_minimum": "None", "account_minimum_may_be_waived": false, "minimum_annual_fee": null, "planning_fees": [], "figures": [ { "label": "Account minimum", "statements": [ "Account minimum: None" ], "quotes": [ "Minimum Account Size: None" ] } ], "values": { "tiers": [], "range_pct": null, "max_pct": null, "account_minimum": 0.0, "minimum_annual_fee": null, "planning": [] }, "quotes": [ "Minimum Account Size: None" ], "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable." }, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/sisung-investment-management-services-llc-metairie-la-107318.md", "clients": [ { "type": "state_municipal", "label": "State or municipal government entities (including government pension plans)", "count": 13, "fewer_than_5": false, "raum": 1943099882.0 } ], "disclosure_line": "Reports 1 disclosure item 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/107318", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }