{ "crd_number": 173621, "slug": "swan-global-management-humacao-pr-173621", "primary_business_name": "SWAN GLOBAL MANAGEMENT", "legal_name": "SWAN GLOBAL MANAGEMENT LLC", "dbas": [ "SWAN GLOBAL CONSULTING, LLC" ], "city": "Humacao", "state": "PR", "country": "United States", "cbsa_code": "41980", "metro": null, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2014-11-17", "years_registered": 11, "period": "2026-10-01", "filing_date": "2026-03-18", "carried_forward": false, "raum_total": 2388188410.0, "raum_discretionary": 2388188410.0, "raum_non_discretionary": 0.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 3, "advisory_employees": 3, "client_count_bucket": null, "clients_by_type": { "individuals": { "raum": 379795622.0, "count": 1183 }, "investment_companies": { "raum": 1995705205.0, "count": 17 }, "high_net_worth_individuals": { "raum": 12687583.0, "count": 31 } }, "compensation_types": [ "percentage_of_aum" ], "advisory_activities": [ "portfolio_management_businesses_institutional", "portfolio_management_individuals", "portfolio_management_investment_companies", "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "PR" ], "websites": [ "https://etfs.swanglobalinvestments.com", "https://funds.swanglobalinvestments.com", "https://swanglobalinvestments.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/173621", "city_as_filed": "HUMACAO", "url": "https://advisorcensus.com/firm/swan-global-management-humacao-pr-173621", "display_name": "Swan Global Management", "summary": "Swan Global Management is an SEC-registered investment advisory firm in Humacao, PR, registered since 2014, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 18, 2026.", "citation": "AdvisorCensus. Swan Global Management (CRD 173621): 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 investment companies (and business development companies)", "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 Swan Global Management compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Swan Global Management reports these compensation arrangements: a percentage of assets under its management." }, { "q": "Where is Swan Global Management located?", "a": "Swan Global Management's principal office is in Humacao, PR, according to its Form ADV." }, { "q": "Is Swan Global Management registered with the SEC or a state?", "a": "Swan Global Management is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 173621." }, { "q": "How much does Swan Global Management manage?", "a": "Swan Global Management reports $2,388,188,410 in regulatory assets under management in its Form ADV filing dated March 18, 2026 (100% discretionary)." }, { "q": "How have Swan Global Management's assets and staff changed since 2021?", "a": "In the Form ADV data for Swan Global Management: Regulatory assets under management: $2,236,863,688 in the October 2021 data and $2,388,188,410 in the October 2026 data, up 7%. Total employees: 4 in October 2021 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Swan Global Management serve?", "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (1,183); high net worth individuals (31); investment companies (17)." }, { "q": "Which custodians does Swan Global Management use?", "a": "Swan Global Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Pershing LLC as custodians holding 10% or more of its separately managed account assets." }, { "q": "Does Swan Global Management 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/173621" }, { "q": "Does Swan Global Management state an account minimum?", "a": "Its Form ADV Part 2A brochure dated March 18, 2026 says: \"The Firm’s minimum account size is $250,000 which may be waived at the sole discretion of the Firm.\"" } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 2236863688.0, "total_employees": 4, "filing_date": "2021-03-24" }, { "period": "2022-10-01", "regulatory_assets_under_management": 2566330870.0, "total_employees": 5, "filing_date": "2022-03-24" }, { "period": "2023-10-01", "regulatory_assets_under_management": 2197581425.0, "total_employees": 5, "filing_date": "2023-03-24" }, { "period": "2024-10-01", "regulatory_assets_under_management": 2105953989.0, "total_employees": 3, "filing_date": "2024-03-22" }, { "period": "2025-10-01", "regulatory_assets_under_management": 2406792590.0, "total_employees": 3, "filing_date": "2025-03-25" }, { "period": "2026-10-01", "regulatory_assets_under_management": 2388188410.0, "total_employees": 3, "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": null, "stated_range": null, "stated_maximum": null, "account_minimum": "$250,000", "account_minimum_may_be_waived": true, "minimum_annual_fee": null, "planning_fees": [], "figures": [ { "label": "Account minimum", "statements": [ "Account minimum: $250,000 (the brochure says it may be waived or negotiated)" ], "quotes": [ "The Firm’s minimum account size is $250,000 which may be waived at the sole discretion of the Firm." ] } ], "values": { "tiers": [], "range_pct": null, "max_pct": null, "account_minimum": 250000.0, "minimum_annual_fee": null, "planning": [] }, "quotes": [ "The Firm’s minimum account size is $250,000 which may be waived at the sole discretion of the Firm." ], "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 }, { "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/swan-global-management-humacao-pr-173621.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 1183, "fewer_than_5": false, "raum": 379795622.0 }, { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 31, "fewer_than_5": false, "raum": 12687583.0 }, { "type": "investment_companies", "label": "Investment companies", "count": 17, "fewer_than_5": false, "raum": 1995705205.0 } ], "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/173621", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }