{ "crd_number": 334936, "slug": "tap-root-capital-management-lp-summit-nj-334936", "primary_business_name": "TAP ROOT CAPITAL MANAGEMENT LP", "legal_name": "TAP ROOT CAPITAL MANAGEMENT LP", "dbas": [], "city": "Summit", "state": "NJ", "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": "2025-11-13", "years_registered": 0, "period": "2026-10-01", "filing_date": "2026-05-11", "carried_forward": false, "raum_total": 297287232.0, "raum_discretionary": 297287232.0, "raum_non_discretionary": 0.0, "raum_band": "100m_500m", "raum_band_label": "$100 million to $500 million", "total_employees": 8, "advisory_employees": 8, "client_count_bucket": null, "clients_by_type": { "pooled_investment_vehicles": { "raum": 297287232.0, "count": 3 } }, "compensation_types": [ "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 1, "states_registered": [ "IL", "NJ", "UT" ], "websites": [ "https://linkedin.com/company/taprootcap", "https://taprootcap.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/334936", "disclosure_items": [ { "item": "11.E(2)", "question": "Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?" } ], "city_as_filed": "SUMMIT", "url": "https://advisorcensus.com/firm/tap-root-capital-management-lp-summit-nj-334936", "display_name": "TAP Root Capital Management LP", "summary": "TAP Root Capital Management LP is an SEC-registered investment advisory firm in Summit, NJ, registered since 2025, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated May 11, 2026.", "citation": "AdvisorCensus. TAP Root Capital Management LP (CRD 334936): 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 pooled investment vehicles (other than investment companies)" ], "quick_answers": [ { "q": "How is TAP Root Capital Management LP compensated?", "a": "On its Form ADV (Item 5.E, October 2026), TAP Root Capital Management LP reports these compensation arrangements: a percentage of assets under its management; performance-based fees." }, { "q": "Where is TAP Root Capital Management LP located?", "a": "TAP Root Capital Management LP's principal office is in Summit, NJ, according to its Form ADV; the June 2026 filing also lists 2 other offices (Schedule D, Section 1.F)." }, { "q": "Is TAP Root Capital Management LP registered with the SEC or a state?", "a": "TAP Root Capital Management LP is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 334936." }, { "q": "How much does TAP Root Capital Management LP manage?", "a": "TAP Root Capital Management LP reports $297,287,232 in regulatory assets under management in its Form ADV filing dated May 11, 2026 (100% discretionary)." }, { "q": "What types of clients does TAP Root Capital Management LP serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (3)." }, { "q": "Does TAP Root Capital Management LP report any disciplinary disclosures?", "a": "Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.E(2) (self-regulatory organization's finding of a rule violation). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/334936" }, { "q": "What changed in TAP Root Capital Management LP's recent Form ADV filings?", "a": "In the April 2026 filing data: Regulatory assets under management went from $114,330,000 to $297,287,232 (+160%). Employees performing advisory functions went from 5 to 8. Added an office in Chicago, IL. Added an office in Park City, UT. Registered or notice-filed in IL, UT." } ], "filing_history": [ { "period": "2025-10-01", "regulatory_assets_under_management": null, "total_employees": null, "filing_date": "2025-05-02" }, { "period": "2026-10-01", "regulatory_assets_under_management": 297287232.0, "total_employees": 8, "filing_date": "2026-05-11" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Regulatory assets under management went from $114,330,000 to $297,287,232 (+160%).", "Employees performing advisory functions went from 5 to 8.", "Added an office in Chicago, IL.", "Added an office in Park City, UT.", "Registered or notice-filed in IL, UT." ] }, { "period": "2025-12-01", "period_label": "December 2025", "notes": [ "Moved from exempt reporting adviser status to SEC registration." ] } ], "fees_from_brochure": null, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/tap-root-capital-management-lp-summit-nj-334936.md", "clients": [ { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 3, "fewer_than_5": false, "raum": 297287232.0 } ], "disclosure_line": "Reports 1 disclosure item on Form ADV Item 11.", "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/334936", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }