AdvisorCensus / Financial advisors / New York / New York / Standard General L.P.
Standard General L.P. is an SEC-registered investment advisory firm in New York, NY, registered since 2009, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026.
Quick answers
From the filingHow is Standard General L.P. compensated?
On its Form ADV (Item 5.E, October 2026), Standard General L.P. reports these compensation arrangements: a percentage of assets under its management; performance-based fees.
Where is Standard General L.P. located?
Standard General L.P.'s principal office is in New York, NY, according to its Form ADV.
Is Standard General L.P. registered with the SEC or a state?
Standard General L.P. is an SEC-registered investment advisory firm, registered since 2009. Status as filed: Approved. CRD 151831.
How much does Standard General L.P. manage?
Standard General L.P. reports $647,322,000 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary).
How have Standard General L.P.'s assets and staff changed since 2021?
In the Form ADV data for Standard General L.P.: Regulatory assets under management: $1,823,296,000 in the October 2021 data and $647,322,000 in the October 2026 data, down 64%. Total employees: 17 in October 2021 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Standard General L.P. serve?
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (21).
Does Standard General L.P. report any disciplinary disclosures?
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/151831
Does Standard General L.P. state an account minimum?
Its Form ADV Part 2A brochure dated March 30, 2026 says: "The minimum initial investment in a Fund is typically $5 million, which amount is subject to waiver at the discretion of Standard General."
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Performance-based fees
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AAccount minimum: $5,000,000 (the brochure says it may be waived or negotiated)
The brochure's wording
The minimum initial investment in a Fund is typically $5 million, which amount is subject to waiver at the discretion of Standard General.
As stated in the firm's Form ADV Part 2A brochure dated March 30, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$647,322,000 as of October 2026, filing dated March 30, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2009 (16 years)
- Employees
- Total: 6. Performing investment advisory functions: 1.
- Wrap fee program participation
- No.
- States registered or notice-filed
-
1 state or jurisdiction
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $647,322,000 | 6 | March 30, 2026 |
| October 2025 | $670,267,000 | 6 | May 6, 2025 |
| October 2024 | $710,540,000 | 7 | May 13, 2024 |
| October 2023 | $1,098,163,810 | 18 | April 28, 2023 |
| October 2022 | $1,554,842,000 | 18 | May 10, 2022 |
| October 2021 | $1,823,296,000 | 17 | May 26, 2021 |
Regulatory assets under management: $1,823,296,000 in the October 2021 data and $647,322,000 in the October 2026 data, down 64%.
Total employees: 17 in October 2021 and 6 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 monthsNo changes to these filed facts in the last 12 months of filing data.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Standard General L.P. (CRD 151831): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/standard-general-l-p-new-york-ny-151831