Atlas Asset Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, and portfolio management for institutions.
Atlas Asset Management reports 19 clients. They include 12 corporations and other businesses, 6 investment companies, and 1 high-net-worth individual. Of its assets, 56.1% ($393M across 12 accounts) are managed with discretion; $308M across 7 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| High-net-worth individuals | 5% | 2% |
| Investment companies | 32% | 55% |
| Corporations and other businesses | 63% | 43% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| High-net-worth individuals | Fewer than 5 | $13.8M | 2.0% | $13.8M |
| Investment companies | 6 | $388M | 55.3% | $64.6M |
| Corporations and other businesses | 12 | $299M | 42.7% | $24.9M |
| Total | 19 | $701M | 100% | — |
- Clients
- Fewer than 5
- Regulatory AUM
- $13.8M
- AUM share
- 2.0%
- Avg. per client
- $13.8M
- Clients
- 6
- Regulatory AUM
- $388M
- AUM share
- 55.3%
- Avg. per client
- $64.6M
- Clients
- 12
- Regulatory AUM
- $299M
- AUM share
- 42.7%
- Avg. per client
- $24.9M
Total
- Clients
- 19
- Regulatory AUM
- $701M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
Atlas Asset Management is paid through a percentage of assets under management and fixed fees (other than subscription fees); its fees and minimums are set out in its brochures on the SEC website.
Paul Hopgood Morales owns 75% or more of Atlas Asset Management. The leadership team of Atlas Asset Management includes President Pedro Gonzalez-Cerrud and Chief Compliance Officer Ana Suarez Pesante. It has 3 employees, 2 of them in advisory roles.
Staff
- 3 employees
- 2 in advisory functions
- 3 state-registered reps
- Owns 75% or more of Atlas Asset Management LLC
Paul Hopgood Morales
Control person · since October 2014
Atlas Asset Management’s regulatory assets grew 4.6× from $154M (July 2021) to $701M (December 2025); clients rose from 3 to 19 and employees were 3 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Dec 2025December 2025 | $701M | 19 | 3 | 1 |
| Feb 2025February 2025 | $334M | 13 | 3 | 1 |
| May 2024May 2024 | $393M | 10 | 3 | 1 |
| Jan 2023January 2023 | $374M | 11 | 3 | 1 |
| Dec 2021December 2021 | $255M | 6 | 3 | 1 |
| Jul 2021July 2021 | $154M | 3 | 3 | 1 |
Besides its headquarters, Atlas Asset Management has 0 offices, with 1 listed address in 1 state.
Puerto Rico · 1 listed address
- Buchanan Office Center 40 Carr 165, Suite 201, GuaynaboHQ
Contact and registration details
- Legal name
- Atlas Asset Management LLC
- Headquarters
- Buchanan Office Center 40 Carr 165, Suite 201, Guaynabo, PR 00968-8022
- Website
- atlasam.com
- Phone
- 787-781-1301
- SEC file
- 801-119872
- Structure
- Puerto Rico LLC
- Fiscal year end
- September
Atlas Asset Management’s named custodian for separately managed accounts is Charles Schwab ($313M). Atlas Asset Management has custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $313M100%
At year end, Atlas Asset Management’s separately managed accounts were mostly in bonds (100%).
What the accounts hold
- Bonds100%
- U.S. government and agency bonds82%
- Investment grade corporate bonds12%
- State and local bonds6%
How many clients does Atlas Asset Management have?
Atlas Asset Management has 19 clients and manages $701 million for them, as of December 2025. They include 12 corporations and other businesses, 6 investment companies, and 1 high-net-worth individual.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 18 December 2025
What services does Atlas Asset Management offer?
Atlas Asset Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Atlas Asset Management use?
Atlas Asset Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $313M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 18 December 2025
How many financial advisors does Atlas Asset Management have?
Atlas Asset Management has 3 investment adviser representatives registered with state securities authorities, out of 3 employees, and 2 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Atlas Asset Management invest in?
At the end of its last fiscal year, Atlas Asset Management’s separately managed accounts held 82% U.S. government and agency bonds, 12% investment grade corporate bonds and 6% state and local bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Atlas Asset Management?
Atlas Asset Management’s direct owner is Paul Hopgood Morales (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 18 December 2025
How does Atlas Asset Management get paid?
Atlas Asset Management is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Atlas Asset Management?
Atlas Asset Management’s main office is at Buchanan Office Center 40 Carr 165, Suite 201, Guaynabo, PR 00968-8022. Its phone number is 787-781-1301. Its website is atlasam.com.