{
  "crd_number": 118968,
  "slug": "steinberg-asset-management-llc-new-york-ny-118968",
  "primary_business_name": "STEINBERG ASSET MANAGEMENT, LLC",
  "legal_name": "STEINBERG 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": "2002-01-01",
  "years_registered": 24,
  "period": "2026-10-01",
  "filing_date": "2026-03-18",
  "carried_forward": false,
  "raum_total": 172176759.0,
  "raum_discretionary": 172176759.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 5,
  "advisory_employees": 4,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 29445998.0,
      "count": null,
      "description": "TRUST, FOUNDATION",
      "fewer_than_5": true
    },
    "charitable": {
      "raum": null,
      "count": null,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 1159899.0,
      "count": 6
    },
    "pension_profit_sharing": {
      "raum": 2263658.0,
      "count": null,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 138059265.0,
      "count": 22
    },
    "pooled_investment_vehicles": {
      "raum": 1247939.0,
      "count": 2
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "DE",
    "LA",
    "MI",
    "NY",
    "TX"
  ],
  "websites": [
    "https://samny.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/118968",
  "city_as_filed": "NEW YORK",
  "url": "https://advisorcensus.com/firm/steinberg-asset-management-llc-new-york-ny-118968",
  "display_name": "Steinberg Asset Management, LLC",
  "summary": "Steinberg Asset Management, LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2002, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 18, 2026.",
  "citation": "AdvisorCensus. Steinberg Asset Management, LLC (CRD 118968): 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 individuals and/or small businesses",
    "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 Steinberg Asset Management, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Steinberg Asset Management, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees."
    },
    {
      "q": "How much does Steinberg Asset Management, LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated March 18, 2026 states: Asset-based fee: 1% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Steinberg Asset Management, LLC located?",
      "a": "Steinberg Asset Management, LLC's principal office is in New York, NY, according to its Form ADV."
    },
    {
      "q": "Is Steinberg Asset Management, LLC registered with the SEC or a state?",
      "a": "Steinberg Asset Management, LLC is an SEC-registered investment advisory firm, registered since 2002. Status as filed: Approved. CRD 118968."
    },
    {
      "q": "How much does Steinberg Asset Management, LLC manage?",
      "a": "Steinberg Asset Management, LLC reports $172,176,759 in regulatory assets under management in its Form ADV filing dated March 18, 2026 (100% discretionary)."
    },
    {
      "q": "How have Steinberg Asset Management, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Steinberg Asset Management, LLC: Regulatory assets under management: $111,717,468 in the October 2021 data and $172,176,759 in the October 2026 data, up 54%. Total employees: 11 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Steinberg Asset Management, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (22); individuals (other than high net worth individuals) (6); pooled investment vehicles (other than investment companies and business development companies) (2)."
    },
    {
      "q": "Which custodians does Steinberg Asset Management, LLC use?",
      "a": "Steinberg Asset Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Pershing LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Steinberg 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/118968"
    },
    {
      "q": "Does Steinberg Asset Management, LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 18, 2026 says: \"SAM generally requires that an account have a minimum market value of $1,000,000 to be accepted as an investment advisory client.\""
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 111717468.0,
      "total_employees": 11,
      "filing_date": "2021-07-23"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 126019777.0,
      "total_employees": 9,
      "filing_date": "2022-05-06"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 134077433.0,
      "total_employees": 8,
      "filing_date": "2023-05-19"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 143055977.0,
      "total_employees": 6,
      "filing_date": "2024-06-14"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 176648638.0,
      "total_employees": 5,
      "filing_date": "2025-03-17"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 172176759.0,
      "total_employees": 5,
      "filing_date": "2026-03-18"
    }
  ],
  "recent_changes": [],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 18, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": "1% of assets a year",
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$1,000,000",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 1% of assets a year"
        ],
        "quotes": [
          "SAM has adopted the following basic advisory fee schedule for new separate account clients: 1% of assets under management each year, payable quarterly."
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $1,000,000"
        ],
        "quotes": [
          "SAM generally requires that an account have a minimum market value of $1,000,000 to be accepted as an investment advisory client."
        ]
      }
    ],
    "values": {
      "tiers": [
        {
          "min": null,
          "max": null,
          "rate_pct": 1.0
        }
      ],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 1000000.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "SAM has adopted the following basic advisory fee schedule for new separate account clients: 1% of assets under management each year, payable quarterly.",
      "SAM generally requires that an account have a minimum market value of $1,000,000 to be accepted as an investment advisory client."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Pershing LLC",
      "name_as_filed": "PERSHING LLC",
      "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/steinberg-asset-management-llc-new-york-ny-118968.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 6,
      "fewer_than_5": false,
      "raum": 1159899.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 22,
      "fewer_than_5": false,
      "raum": 138059265.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 2,
      "fewer_than_5": false,
      "raum": 1247939.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": null,
      "fewer_than_5": true,
      "raum": 2263658.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": true,
      "raum": null
    },
    {
      "type": "other",
      "label": "Other",
      "count": null,
      "fewer_than_5": true,
      "raum": 29445998.0
    }
  ],
  "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/118968",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}