# Wax Asset Management LLC

> Wax Asset Management LLC is an SEC-registered investment advisory firm, registered since 2026, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 12, 2026.

- CRD: 157405
- Filed as: WAX ASSET MANAGEMENT LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Filing period: October 2026
- Form ADV filing dated: March 12, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/157405
- AdvisorCensus page: https://advisorcensus.com/firm/wax-asset-management-llc-157405

## Quick answers

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

**How much does Wax Asset Management LLC charge?**
Its Form ADV Part 2A brochure dated March 12, 2026 states: Asset-based fee: 2% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Is Wax Asset Management LLC registered with the SEC or a state?**
Wax Asset Management LLC is an SEC-registered investment advisory firm, registered since 2026. Status as filed: Approved. CRD 157405.

**How much does Wax Asset Management LLC manage?**
Wax Asset Management LLC reports $181,212,966 in regulatory assets under management in its Form ADV filing dated March 12, 2026 (100% discretionary).

**What types of clients does Wax 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) (16).

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

**Does Wax 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/157405

**Does Wax Asset Management LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 12, 2026 says: "There is an account minimum, $100,000, which may be waived by WAM, based on the needs of the client and the complexity of the situation."

**What changed in Wax Asset Management LLC's recent Form ADV filings?**
In the May 2026 filing data: Newly registered with the SEC.

## 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 12, 2026)

- Asset-based fee: 2% of assets a year

> Total Assets Under Management Annual Fee All Assets 2.00% These fees are negotiable and the final fee schedule is attached as Exhibit II of the Investment Advisory Contract.

- Account minimum: $100,000 (the brochure says it may be waived or negotiated)

> There is an account minimum, $100,000, which may be waived by WAM, based on the needs of the client and the complexity of the situation.

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

### Custodians (Schedule D, Section 5.K(3))
- RBC Capital Markets, 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: $181,212,966
- Discretionary: $181,212,966
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 16 | $5,554,306 |
| High net worth individuals | 58 | $175,658,660 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses

### Firm details
- Registered since: 2026 (0 years)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CT, NY, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

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

## Changes in the filing (last 12 months)

### May 2026
- Newly registered with the SEC.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Wax Asset Management LLC (CRD 157405): Form ADV filing data as of October 2026.