{
  "crd_number": 173046,
  "slug": "zenith-am-paris-173046",
  "primary_business_name": "ZENITH AM",
  "legal_name": "ZENITH AM",
  "dbas": [],
  "city": "Paris",
  "state": null,
  "country": "France",
  "cbsa_code": null,
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2015-03-26",
  "years_registered": 11,
  "period": "2026-10-01",
  "filing_date": "2026-04-02",
  "carried_forward": false,
  "raum_total": 963634859.0,
  "raum_discretionary": 963634859.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 18,
  "advisory_employees": 8,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "individuals": {
      "raum": 5281885.0,
      "count": 12
    },
    "insurance_companies": {
      "raum": 326608697.0,
      "count": 16
    },
    "high_net_worth_individuals": {
      "raum": 14453711.0,
      "count": 3,
      "fewer_than_5": true
    },
    "pooled_investment_vehicles": {
      "raum": 589455094.0,
      "count": 13
    },
    "corporations_other_businesses": {
      "raum": 27835472.0,
      "count": 9
    }
  },
  "compensation_types": [
    "commissions",
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_pooled_vehicles",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "FL",
    "NY",
    "WA"
  ],
  "websites": [
    "https://zenith-am.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/173046",
  "city_as_filed": "PARIS",
  "url": "https://advisorcensus.com/firm/zenith-am-paris-173046",
  "display_name": "Zenith AM",
  "summary": "Zenith AM is an SEC-registered investment advisory firm in Paris, France, registered since 2015, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated April 2, 2026.",
  "citation": "AdvisorCensus. Zenith AM (CRD 173046): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Commissions",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Zenith AM compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Zenith AM reports these compensation arrangements: a percentage of assets under its management; commissions; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Zenith AM located?",
      "a": "Zenith AM's principal office is in Paris, France, according to its Form ADV."
    },
    {
      "q": "Is Zenith AM registered with the SEC or a state?",
      "a": "Zenith AM is an SEC-registered investment advisory firm, registered since 2015. Status as filed: Approved. CRD 173046."
    },
    {
      "q": "How much does Zenith AM manage?",
      "a": "Zenith AM reports $963,634,859 in regulatory assets under management in its Form ADV filing dated April 2, 2026 (100% discretionary)."
    },
    {
      "q": "How have Zenith AM's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Zenith AM: Regulatory assets under management: $588,214,122 in the October 2021 data and $963,634,859 in the October 2026 data, up 64%. Total employees: 17 in October 2021 and 18 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Zenith AM serve?",
      "a": "By number of clients on Form ADV Item 5.D: insurance companies (16); pooled investment vehicles (other than investment companies and business development companies) (13); individuals (other than high net worth individuals) (12)."
    },
    {
      "q": "Does Zenith AM report any disciplinary disclosures?",
      "a": "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/173046"
    },
    {
      "q": "What changed in Zenith AM's recent Form ADV filings?",
      "a": "In the May 2026 filing data: Employees performing advisory functions went from 7 to 8. Regulatory assets under management went from $619,235,812 to $963,634,859 (+56%). Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 588214122.0,
      "total_employees": 17,
      "filing_date": "2021-03-29"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 625910947.0,
      "total_employees": 18,
      "filing_date": "2022-03-30"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 494154316.0,
      "total_employees": 14,
      "filing_date": "2023-03-29"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 532442850.0,
      "total_employees": 14,
      "filing_date": "2024-03-28"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 619235812.0,
      "total_employees": 15,
      "filing_date": "2025-04-01"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 963634859.0,
      "total_employees": 18,
      "filing_date": "2026-04-02"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-05-01",
      "period_label": "May 2026",
      "notes": [
        "Employees performing advisory functions went from 7 to 8.",
        "Regulatory assets under management went from $619,235,812 to $963,634,859 (+56%).",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/zenith-am-paris-173046.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 12,
      "fewer_than_5": false,
      "raum": 5281885.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 3,
      "fewer_than_5": true,
      "raum": 14453711.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 13,
      "fewer_than_5": false,
      "raum": 589455094.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 16,
      "fewer_than_5": false,
      "raum": 326608697.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 9,
      "fewer_than_5": false,
      "raum": 27835472.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "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/173046",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}