{
  "crd_number": 291738,
  "slug": "sona-asset-management-us-llc-new-york-ny-291738",
  "primary_business_name": "SONA ASSET MANAGEMENT (US) LLC",
  "legal_name": "SONA ASSET MANAGEMENT (US) 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": "2018-02-07",
  "years_registered": 8,
  "period": "2026-10-01",
  "filing_date": "2026-07-09",
  "carried_forward": false,
  "raum_total": 33488793242.0,
  "raum_discretionary": 33488793242.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 39,
  "advisory_employees": 31,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 0.0,
      "count": 2,
      "description": "TRADING SPV",
      "fewer_than_5": true
    },
    "pension_profit_sharing": {
      "raum": 0.0,
      "count": 1,
      "fewer_than_5": true
    },
    "pooled_investment_vehicles": {
      "raum": 30492289117.0,
      "count": 15
    },
    "sovereign_wealth_foreign_official": {
      "raum": 2996504125.0,
      "count": 2,
      "fewer_than_5": true
    }
  },
  "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": [
    "NY"
  ],
  "websites": [
    "https://linkedin.com/company/sona-asset-management",
    "https://sona-am.com/login"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/291738",
  "city_as_filed": "NEW YORK",
  "url": "https://advisorcensus.com/firm/sona-asset-management-us-llc-new-york-ny-291738",
  "display_name": "Sona Asset Management (US) LLC",
  "summary": "Sona Asset Management (US) LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2018, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated July 9, 2026.",
  "citation": "AdvisorCensus. Sona Asset Management (US) LLC (CRD 291738): 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 Sona Asset Management (US) LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Sona Asset Management (US) LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees; other."
    },
    {
      "q": "How much does Sona Asset Management (US) LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated July 9, 2026 states: Asset-based fee: 1.5% to 2% 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 Sona Asset Management (US) LLC located?",
      "a": "Sona Asset Management (US) LLC's principal office is in New York, NY, according to its Form ADV."
    },
    {
      "q": "Is Sona Asset Management (US) LLC registered with the SEC or a state?",
      "a": "Sona Asset Management (US) LLC is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 291738."
    },
    {
      "q": "How much does Sona Asset Management (US) LLC manage?",
      "a": "Sona Asset Management (US) LLC reports $33,488,793,242 in regulatory assets under management in its Form ADV filing dated July 9, 2026 (100% discretionary)."
    },
    {
      "q": "How have Sona Asset Management (US) LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Sona Asset Management (US) LLC: Regulatory assets under management: $2,843,704,182 in the October 2021 data and $33,488,793,242 in the October 2026 data, up 1078%. Total employees: 4 in October 2021 and 39 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Sona Asset Management (US) 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); sovereign wealth funds and foreign official institutions (2); other (2)."
    },
    {
      "q": "Which custodians does Sona Asset Management (US) LLC use?",
      "a": "Sona Asset Management (US) LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Barclays Bank PLC, BNP Paribas, London Branch, Goldman Sachs International and J.P. Morgan Securities PLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Sona Asset Management (US) 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/291738"
    },
    {
      "q": "Does Sona Asset Management (US) LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated July 9, 2026 says: \"Generally, the minimum initial investment in the Sona Funds is $ 1 million. However, Sona Asset Management may, in its sole discretion, accept smaller initial investments from time to time.\""
    },
    {
      "q": "What changed in Sona Asset Management (US) LLC's recent Form ADV filings?",
      "a": "In the August 2026 filing data: Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 2843704182.0,
      "total_employees": 4,
      "filing_date": "2021-03-31"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 5262660710.0,
      "total_employees": 8,
      "filing_date": "2022-03-30"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 8491760095.0,
      "total_employees": 10,
      "filing_date": "2023-03-29"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 12839554538.0,
      "total_employees": 14,
      "filing_date": "2024-03-28"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 22621612724.0,
      "total_employees": 26,
      "filing_date": "2025-05-14"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 33488793242.0,
      "total_employees": 39,
      "filing_date": "2026-07-09"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-08-01",
      "period_label": "August 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 18 to 31.",
        "Regulatory assets under management went from $22,621,612,724 to $33,488,793,242 (+48%).",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-02-01",
      "period_label": "February 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "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": "1.5% to 2% a year",
    "stated_maximum": null,
    "account_minimum": "$1,000,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 1.5% to 2% a year (a range, as the brochure states it)"
        ],
        "quotes": [
          "The Firm is paid an investment management fee (the “ Management Fee”) ranging from 1.5% - 2.0% per annum of the net asset value of the applicable Sona Funds."
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "Generally, the minimum initial investment in the Sona Funds is $ 1 million. However, Sona Asset Management may, in its sole discretion, accept smaller initial investments from time to time."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": [
        1.5,
        2.0
      ],
      "max_pct": null,
      "account_minimum": 1000000.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "The Firm is paid an investment management fee (the “ Management Fee”) ranging from 1.5% - 2.0% per annum of the net asset value of the applicable Sona Funds.",
      "Generally, the minimum initial investment in the Sona Funds is $ 1 million. However, Sona Asset Management may, in its sole discretion, accept smaller initial investments from time to time."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Barclays Bank PLC",
      "name_as_filed": "BARCLAYS BANK PLC",
      "affiliated": false
    },
    {
      "name": "BNP Paribas, London Branch",
      "name_as_filed": "BNP PARIBAS, LONDON BRANCH",
      "affiliated": false
    },
    {
      "name": "Goldman Sachs International",
      "name_as_filed": "GOLDMAN SACHS INTERNATIONAL",
      "affiliated": false
    },
    {
      "name": "J.P. Morgan Securities PLC",
      "name_as_filed": "J.P. MORGAN SECURITIES PLC",
      "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/sona-asset-management-us-llc-new-york-ny-291738.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 15,
      "fewer_than_5": false,
      "raum": 30492289117.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 1,
      "fewer_than_5": true,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 2,
      "fewer_than_5": true,
      "raum": 2996504125.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 2,
      "fewer_than_5": true,
      "raum": 0.0
    }
  ],
  "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/291738",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}