# Swan Global Management

> 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.

- CRD: 173621
- Filed as: SWAN GLOBAL MANAGEMENT
- Legal name: Swan Global Management LLC
- Also doing business as: SWAN GLOBAL CONSULTING, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Humacao, PR
- Filing period: October 2026
- Form ADV filing dated: March 18, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/173621
- AdvisorCensus page: https://advisorcensus.com/firm/swan-global-management-humacao-pr-173621

## Quick answers

**How is Swan Global Management compensated?**
On its Form ADV (Item 5.E, October 2026), Swan Global Management reports these compensation arrangements: a percentage of assets under its management.

**Where is Swan Global Management located?**
Swan Global Management's principal office is in Humacao, PR, according to its Form ADV.

**Is Swan Global Management registered with the SEC or a state?**
Swan Global Management is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 173621.

**How much does Swan Global Management manage?**
Swan Global Management reports $2,388,188,410 in regulatory assets under management in its Form ADV filing dated March 18, 2026 (100% discretionary).

**How have Swan Global Management's assets and staff changed since 2021?**
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.

**What types of clients does Swan Global Management serve?**
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).

**Which custodians does Swan Global Management use?**
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.

**Does Swan Global Management 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/173621

**Does Swan Global Management state an account minimum?**
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."

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Fees and minimums (Form ADV Part 2A brochure dated March 18, 2026)

- Account minimum: $250,000 (the brochure says it may be waived or negotiated)

> The Firm’s minimum account size is $250,000 which may be waived at the sole discretion of the Firm.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- Pershing LLC

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.

### Regulatory assets under management (Item 5.F)
- Total: $2,388,188,410
- Discretionary: $2,388,188,410
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 1,183 | $379,795,622 |
| High net worth individuals | 31 | $12,687,583 |
| Investment companies | 17 | $1,995,705,205 |

### Advisory services (Item 5.G)
- 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

### Firm details
- Registered since: 2014 (11 years)
- Employees: 3 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: PR
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- etfs.swanglobalinvestments.com
- funds.swanglobalinvestments.com
- swanglobalinvestments.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $2,236,863,688 | 4 | March 24, 2021 |
| October 2022 | $2,566,330,870 | 5 | March 24, 2022 |
| October 2023 | $2,197,581,425 | 5 | March 24, 2023 |
| October 2024 | $2,105,953,989 | 3 | March 22, 2024 |
| October 2025 | $2,406,792,590 | 3 | March 25, 2025 |
| October 2026 | $2,388,188,410 | 3 | March 18, 2026 |

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.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Swan Global Management (CRD 173621): Form ADV filing data as of October 2026.