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Private fund adviser · New York, NY

Elmwood Asset Management LLC

SEC-registered investment adviser · CRD 297926 · SEC 801-114556

At a glance

Elmwood Asset Management LLC is an SEC-registered investment adviser based in New York, New York, with $24.3 billion in regulatory assets under management as of its Form ADV filed March 4, 2026. Its largest client group by assets is pooled investment vehicles. By Form ADV it is a private fund adviser, ranked 308th of 4,686 private fund advisers and 765th of 17,210 SEC-registered advisers by assets.

Main office 646-876-2350elmwoodasset.comAs filed on Form ADV

Regulatory AUM
$24B
Rank among private fund advisers
#308 of 4,686
Rank among all SEC RIAs
#765 of 17,210
Rank in New York
#208 of 2,591
Clients
52
Accounts
52
Discretionary
100% of AUM
Employees
45
Advisory staff
21
Offices
1

Owners and executives on its Form ADV

Custody and brokerage

Custodian

Elmwood Asset Management LLC’s Form ADV lists no custodian for separately managed accounts. Firms report one only when they manage $10 million or more in those accounts.

Broker-dealer

No broker-dealer ties

Other RIAs with no broker-dealer ties

Who it serves

Client typeClientsRegulatory AUMShare
Pooled investment vehicles52$24B100%

Private funds

Elmwood Asset Management LLC reports 52 private funds with $24B in gross assets: securitized asset funds (Form ADV Item 7.B).

Disciplinary disclosures

Elmwood Asset Management LLC answers yes to 5 disclosure items in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). Read the details on the SEC’s adviser search ↗

Services

  • Portfolio management for pooled investment vehicles

How it’s paid

  • A percentage of assets under management
  • Performance-based fees

Form ADV and brochures on the SEC’s adviser search ↗elmwoodasset.com ↗

AtlasMembers

The full record on Elmwood Asset Management LLC

Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.

Assets, accounts, clients and staff, 6 years of filings
Locked
Growth over one, three and five years
Locked
Rank against 580 peers of its type and size
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Owners and executives, with titles and stakes
6 namedLocked
Main office, fax and compliance officer
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Filing changes this year, with alerts
1Locked
Open Atlas free

Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.

Background

Questions

How much does Elmwood Asset Management LLC manage?

Elmwood Asset Management LLC reports $24.3 billion in regulatory assets under management across 52 accounts, 100% of it on a discretionary basis, on its Form ADV filed March 4, 2026.

What kind of firm is Elmwood Asset Management LLC?

Elmwood Asset Management LLC is a private fund adviser by its Form ADV answers. Private funds are at least half of its business by assets.

Who are Elmwood Asset Management LLC’s clients?

By assets, its largest client types are pooled investment vehicles ($24.3 billion, 52 clients).

Does Elmwood Asset Management LLC manage private funds?

Yes. It reports 52 private funds with $24.3 billion in gross assets, including securitized asset funds.

Does Elmwood Asset Management LLC have any disciplinary history?

Elmwood Asset Management LLC answers yes to 5 disclosure items in Item 11 of Form ADV, which covers criminal, regulatory and civil matters involving the firm or its advisory affiliates. The details are on the SEC’s adviser search.

Where these numbers come from

Every figure is Elmwood Asset Management LLC’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-03-04), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.

Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →