# Valhum Asset Management, LLC

> Valhum Asset Management, LLC is an SEC-registered investment advisory firm in Upper Saddle River, NJ, registered since 2022, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated February 17, 2026.

- CRD: 323895
- Filed as: VALHUM ASSET MANAGEMENT, LLC
- Also doing business as: ASHTON STEWART & CO, INC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Upper Saddle River, NJ
- Filing period: October 2026
- Form ADV filing dated: February 17, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/323895
- AdvisorCensus page: https://advisorcensus.com/firm/valhum-asset-management-llc-upper-saddle-river-nj-323895

## Quick answers

**How is Valhum Asset Management, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Valhum Asset Management, LLC reports these compensation arrangements: other. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Valhum Asset Management, LLC located?**
Valhum Asset Management, LLC's principal office is in Upper Saddle River, NJ, according to its Form ADV.

**Is Valhum Asset Management, LLC registered with the SEC or a state?**
Valhum Asset Management, LLC is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 323895.

**How much does Valhum Asset Management, LLC manage?**
Valhum Asset Management, LLC reports $100,000,000 in regulatory assets under management in its Form ADV filing dated February 17, 2026 (0% discretionary).

**How have Valhum Asset Management, LLC's assets and staff changed since 2023?**
In the Form ADV data for Valhum Asset Management, LLC: Regulatory assets under management: $160,000,000 in the October 2023 data and $100,000,000 in the October 2026 data, down 38%. Total employees: 2 in October 2023 and 1 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Valhum Asset Management, LLC serve?**
By number of clients on Form ADV Item 5.D: insurance companies (1).

**Does Valhum 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/323895

## From the Form ADV filing

### Compensation (Item 5.E)
- Other

### Regulatory assets under management (Item 5.F)
- Total: $100,000,000
- Discretionary: $0
- Non-discretionary: $100,000,000

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Insurance companies | 1 | $100,000,000 |

### Advisory services (Item 5.G)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2022 (3 years)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

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

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2023 | $160,000,000 | 2 | August 23, 2023 |
| October 2024 | $160,000,000 | 2 | February 7, 2024 |
| October 2025 | $100,000,000 | 2 | January 13, 2025 |
| October 2026 | $100,000,000 | 1 | February 17, 2026 |

Regulatory assets under management: $160,000,000 in the October 2023 data and $100,000,000 in the October 2026 data, down 38%.
Total employees: 2 in October 2023 and 1 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Valhum Asset Management, LLC (CRD 323895): Form ADV filing data as of October 2026.