# Terra Nova Asset Management LLC

> Terra Nova Asset Management LLC is an SEC-registered investment advisory firm in New York, NY, registered since 1998, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated May 4, 2026.

- CRD: 111676
- Filed as: TERRA NOVA ASSET MANAGEMENT LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: May 4, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/111676
- AdvisorCensus page: https://advisorcensus.com/firm/terra-nova-asset-management-llc-new-york-ny-111676

## Quick answers

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

**What does Terra Nova Asset Management LLC's brochure say about its fees?**
Its Form ADV Part 2A brochure dated March 27, 2026 states: Asset-based fee: 0.65% to 1.5% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Terra Nova Asset Management LLC located?**
Terra Nova Asset Management LLC's principal office is in New York, NY, according to its Form ADV; the June 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Terra Nova Asset Management LLC registered with the SEC or a state?**
Terra Nova Asset Management LLC is an SEC-registered investment advisory firm, registered since 1998. Status as filed: Approved. CRD 111676.

**How much does Terra Nova Asset Management LLC manage?**
Terra Nova Asset Management LLC reports $220,203,180 in regulatory assets under management in its Form ADV filing dated May 4, 2026 (86% discretionary).

**How have Terra Nova Asset Management LLC's assets and staff changed since 2021?**
In the Form ADV data for Terra Nova Asset Management LLC: Regulatory assets under management: $160,034,835 in the October 2021 data and $220,203,180 in the October 2026 data, up 38%. Total employees: 3 in October 2021 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Terra Nova Asset Management LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (58); individuals (other than high net worth individuals) (11).

**Which custodians does Terra Nova Asset Management LLC use?**
Terra Nova Asset Management LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Brokerage Services LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Terra Nova Asset Management LLC 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/111676

**Does Terra Nova Asset Management LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 27, 2026 says: "A minimum of $1,000,000 of assets under management is required for this service. This account size may be negotiable under certain circumstances."

**What changed in Terra Nova Asset Management LLC's recent Form ADV filings?**
In the June 2026 filing data: Changed its office addresses in Sparta, NJ.

## 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 27, 2026)

- Asset-based fee: 0.65% to 1.5% a year (a range, as the brochure states it)

> Our annual fees for investment advisory services are based upon a percentage of assets under management and generally range from 0.65% to 1.50% and are calculated and billed quarterly in arrears.

- Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)

> A minimum of $1,000,000 of assets under management is required for this service. This account size may be negotiable under certain circumstances.

- Minimum annual fee: $2,500

> An annual minimum fee of $2,500 per account will apply.

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

### Custodians (Schedule D, Section 5.K(3))
- Fidelity Brokerage Services 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: $220,203,180
- Discretionary: $188,337,149
- Non-discretionary: $31,866,031

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 11 | $3,610,036 |
| High net worth individuals | 58 | $216,593,144 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Publication of periodicals or newsletters

### Firm details
- Registered since: 1998 (28 years)
- Employees: 2 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, NJ, NY, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the June 2026 filing
- Sparta, NJ

### Websites listed on Form ADV (Item 1.I)
- terranovausa.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $160,034,835 | 3 | March 11, 2021 |
| October 2022 | $185,473,136 | 3 | March 25, 2022 |
| October 2023 | $147,091,984 | 3 | March 6, 2023 |
| October 2024 | $171,020,111 | 3 | May 23, 2024 |
| October 2025 | $195,497,481 | 3 | March 12, 2025 |
| October 2026 | $220,203,180 | 2 | May 4, 2026 |

Regulatory assets under management: $160,034,835 in the October 2021 data and $220,203,180 in the October 2026 data, up 38%.
Total employees: 3 in October 2021 and 2 in October 2026.

## Changes in the filing (last 12 months)

### June 2026
- Changed its office addresses in Sparta, NJ.

### April 2026
- Regulatory assets under management went from $195,497,481 to $220,203,180 (+13%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Terra Nova Asset Management LLC (CRD 111676): Form ADV filing data as of October 2026.