Asset manager
L2 Asset Management, LLC
SEC-registered investment adviser · CRD 172688 · SEC 801-107084
At a glance
L2 Asset Management, LLC is an SEC-registered investment adviser based in United States, with $1.3 billion in regulatory assets under management as of its Form ADV filed August 12, 2026. Its largest client group by assets is investment companies, and it reports 79 individual clients. By Form ADV it is a asset manager, ranked 1,244th of 3,218 asset managers and 4,702nd of 17,210 SEC-registered advisers by assets.
l2asset.comAs filed on Form ADV
- Regulatory AUM
- $1.3B
- Rank among asset managers
- #1,244 of 3,218
- Rank among all SEC RIAs
- #4,702 of 17,210
- Individual clients
- 79
- High-net-worth clients
- 79
- Accounts
- 124
- Discretionary
- 66% of AUM
- Employees
- 8
- Advisory staff
- 4
- Offices
- 2
Owners and executives on its Form ADV
- Matthew J. MalgariManaging Member, Portfolio Manager
- Sanjeev BhojrajPortfolio Manager
- Nathan H. PrzybyloPortfolio Manager, Programmer
- Andrew T. ArnedtGeneral Counsel
- Giselle CasellaChief Compliance Officer
- John T. DurkinChief Operating Officer
Custody and brokerage
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Investment companies | 2 | $573M | 45% |
| High-net-worth individuals | 79 | $413M | 32% |
| Pooled investment vehicles | 3 | $233M | 18% |
| Other investment advisers | 1 | $44M | 3% |
| Other | 1 | $8M | <1% |
Private funds
L2 Asset Management, LLC reports 2 private funds with $141M in gross assets: hedge funds (Form ADV Item 7.B).
Disciplinary disclosures
L2 Asset Management, LLC reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles
- Other services
How it’s paid
- A percentage of assets under management
- Performance-based fees
Form ADV and brochures on the SEC’s adviser search ↗l2asset.com ↗
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The full record on L2 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, 9 years of filings
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- Growth over one, three and five years
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- Rank against 970 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
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Background
Questions
How much does L2 Asset Management, LLC manage?
L2 Asset Management, LLC reports $1.3 billion in regulatory assets under management across 124 accounts, 66% of it on a discretionary basis, on its Form ADV filed August 12, 2026.
What kind of firm is L2 Asset Management, LLC?
L2 Asset Management, LLC is a asset manager by its Form ADV answers. Most of its assets are managed for funds, institutions or other businesses rather than individuals.
Who are L2 Asset Management, LLC’s clients?
By assets, its largest client types are investment companies ($573 million, 2 clients); high-net-worth individuals ($413 million, 79 clients); pooled investment vehicles ($233 million, 3 clients).
Does L2 Asset Management, LLC manage private funds?
Yes. It reports 2 private funds with $141 million in gross assets, including hedge funds.
Does L2 Asset Management, LLC have any disciplinary history?
L2 Asset Management, LLC reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is L2 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 (2026-08-12), 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 →