{
  "crd_number": 222518,
  "slug": "svrn-asset-management-llc-austin-tx-222518",
  "primary_business_name": "SVRN ASSET MANAGEMENT, LLC",
  "legal_name": "SVRN ASSET MANAGEMENT, LLC",
  "dbas": [],
  "city": "Austin",
  "state": "TX",
  "country": "United States",
  "cbsa_code": "12420",
  "metro": {
    "cbsa_code": "12420",
    "common_name": "Austin",
    "msa_name": "Austin-Round Rock-San Marcos, TX",
    "path": "/advisors/tx/austin"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2021-05-21",
  "years_registered": 5,
  "period": "2026-10-01",
  "filing_date": "2026-03-25",
  "carried_forward": false,
  "raum_total": 231461942.0,
  "raum_discretionary": 162879521.0,
  "raum_non_discretionary": 68582421.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 2,
  "advisory_employees": 2,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 29457684.0,
      "count": null,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 2447964.0,
      "count": 5
    },
    "high_net_worth_individuals": {
      "raum": 168260715.0,
      "count": 17
    },
    "pooled_investment_vehicles": {
      "raum": 21526161.0,
      "count": 2
    },
    "corporations_other_businesses": {
      "raum": 9769418.0,
      "count": null,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "IL",
    "TX"
  ],
  "websites": [
    "https://linkedin.com/company/svrn-asset-management-llc",
    "https://severianasset.com",
    "https://svrn.co",
    "https://x.com/SVRNCO"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/222518",
  "city_as_filed": "AUSTIN",
  "url": "https://advisorcensus.com/firm/svrn-asset-management-llc-austin-tx-222518",
  "display_name": "SVRN Asset Management, LLC",
  "summary": "SVRN Asset Management, LLC is an SEC-registered investment advisory firm in Austin, TX, registered since 2021, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 25, 2026.",
  "citation": "AdvisorCensus. SVRN Asset Management, LLC (CRD 222518): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "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 SVRN Asset Management, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), SVRN Asset Management, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees."
    },
    {
      "q": "What does SVRN Asset Management, LLC's brochure say about its fees?",
      "a": "Its Form ADV Part 2A brochure dated March 25, 2026 states: Up to $5,000,000: 0.6% a year; $5,000,000 to $10,000,000: 0.5% a year; Above $10,000,000: 0.4% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is SVRN Asset Management, LLC located?",
      "a": "SVRN Asset Management, LLC's principal office is in Austin, TX, according to its Form ADV."
    },
    {
      "q": "Is SVRN Asset Management, LLC registered with the SEC or a state?",
      "a": "SVRN Asset Management, LLC is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 222518."
    },
    {
      "q": "How much does SVRN Asset Management, LLC manage?",
      "a": "SVRN Asset Management, LLC reports $231,461,942 in regulatory assets under management in its Form ADV filing dated March 25, 2026 (70% discretionary)."
    },
    {
      "q": "How have SVRN Asset Management, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for SVRN Asset Management, LLC: Regulatory assets under management: $111,336,121 in the October 2021 data and $231,461,942 in the October 2026 data, up 108%. Total employees: 1 in October 2021 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does SVRN Asset Management, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (17); individuals (other than high net worth individuals) (5); pooled investment vehicles (other than investment companies and business development companies) (2)."
    },
    {
      "q": "Which custodians does SVRN Asset Management, LLC use?",
      "a": "SVRN Asset Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does SVRN 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/222518"
    },
    {
      "q": "Does SVRN Asset Management, LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 25, 2026 says: \"We offer asset management and financial planning services to high-net-worth individuals, their families and their trusts. We may accept other types of clients at our discretion. There is no account size minimum.\""
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 111336121.0,
      "total_employees": 1,
      "filing_date": "2021-08-26"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 92899062.0,
      "total_employees": 2,
      "filing_date": "2022-07-30"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 103683318.0,
      "total_employees": 2,
      "filing_date": "2023-06-21"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 137924368.0,
      "total_employees": 1,
      "filing_date": "2024-09-20"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 211949639.0,
      "total_employees": 2,
      "filing_date": "2025-02-27"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 231461942.0,
      "total_employees": 2,
      "filing_date": "2026-03-25"
    }
  ],
  "recent_changes": [],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 25, 2026",
    "tiers": [
      {
        "band": "Up to $5,000,000",
        "rate": "0.6%"
      },
      {
        "band": "$5,000,000 to $10,000,000",
        "rate": "0.5%"
      },
      {
        "band": "Above $10,000,000",
        "rate": "0.4%"
      }
    ],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Fee schedule",
        "statements": [
          "Up to $5,000,000: 0.6% a year",
          "$5,000,000 to $10,000,000: 0.5% a year",
          "Above $10,000,000: 0.4% a year"
        ],
        "quotes": [
          "We charge a tiered annual asset-based fee: 0.6% for the first $5 million, 0.5% for the next $5 million, and 0.4% for the rest."
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "We offer asset management and financial planning services to high-net-worth individuals, their families and their trusts. We may accept other types of clients at our discretion. There is no account size minimum."
        ]
      }
    ],
    "quotes": [
      "We charge a tiered annual asset-based fee: 0.6% for the first $5 million, 0.5% for the next $5 million, and 0.4% for the rest.",
      "We offer asset management and financial planning services to high-net-worth individuals, their families and their trusts. We may accept other types of clients at our discretion. There is no account size minimum."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "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/svrn-asset-management-llc-austin-tx-222518.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 5,
      "fewer_than_5": false,
      "raum": 2447964.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 17,
      "fewer_than_5": false,
      "raum": 168260715.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 2,
      "fewer_than_5": false,
      "raum": 21526161.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": true,
      "raum": 29457684.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": null,
      "fewer_than_5": true,
      "raum": 9769418.0
    }
  ],
  "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/222518",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}