{"url":"https://nivawealth.com/firms/banyan-tree-asset-management-168384","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/168384","regulatoryAum":1032525505,"crd":"168384","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"4095279","suffix":null,"lastName":"GOLDBERG","firstName":"BRIAN","middleName":"RICHARD"},{"crd":"1948458","suffix":null,"lastName":"NAEHU","firstName":"KENNETH","middleName":"NMN"},{"crd":"7356606","suffix":null,"lastName":"Werthmuller","firstName":"Adam","middleName":"Gregory"}],"total":3,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-03-29","regulatoryAum":1076015734,"clients":38,"employees":5,"offices":1},{"filedOn":"2022-03-31","regulatoryAum":1059289322,"clients":40,"employees":5,"offices":1},{"filedOn":"2023-06-29","regulatoryAum":1038584076,"clients":42,"employees":5,"offices":1},{"filedOn":"2024-03-27","regulatoryAum":1059168309,"clients":48,"employees":5,"offices":1},{"filedOn":"2025-04-30","regulatoryAum":1013708995,"clients":44,"employees":5,"offices":1},{"filedOn":"2026-04-30","regulatoryAum":1032525505,"clients":47,"employees":5,"offices":1}],"secFileNumber":"801-78480","legalName":"Banyan Tree Asset Management, LLC","displayName":"Banyan Tree Asset Management","slug":"banyan-tree-asset-management-168384","website":"https://banyantree-llc.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"21250 Hawthorne BLVD, Suite 550","city":"Torrance","state":"CA","stateName":"California","country":"United States","postalCode":"90503-5517"},"tradeNames":[],"registration":{"secApproved":"22 August 2013","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":20298205.152173914,"staff":{"employees":5,"advisory":4,"brokerDealerReps":4,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":1032525505,"discretionary":1032525505,"discretionaryAccounts":98,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"High-net-worth individuals","clients":46,"regulatoryAum":933717437},{"label":"Pooled investment vehicles","clients":1,"regulatoryAum":98808068}],"feePrograms":[{"role":"main","program":"Separately Managed Accounts","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1032922","versionId":1032922,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-03-30","documentName":"BANYAN TREE ASSET MANAGEMENT, LLC - DISCLOSURE BROCHURE","fee_rate_low":0.4,"fee_rate_high":0.5,"fee_negotiable":null,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T05:03:39.163845+00:00","documents":[{"name":"BANYAN TREE ASSET MANAGEMENT, LLC - DISCLOSURE BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1032922","versionId":1032922,"submittedOn":"2026-03-30"}]},"custodians":[{"name":"Pershing Advisor Solutions LLC","shortName":"Pershing","location":"Jersey City, NJ","smaAssets":933717437}],"custodyNote":"Banyan Tree Asset Management does not have custody of client assets.","leadership":[{"name":"Diana Bouch","title":"Chief Operating Officer","crd":"4346261"},{"name":"Kenneth Naehu","title":"Managing Director, Elected Manager, Chief Compliance Officer","crd":"1948458"},{"name":"Brian Goldberg","title":"Managing Director, Member","crd":"4095279"}],"ownership":[{"label":"Kenneth Naehu & Cynthia Naehu Trust","detail":"Member in the 75% or more ownership band, since July 2013."},{"label":"Kenneth Naehu & Cynthia Naehu","detail":"Member in the 75% or more ownership band, since July 2013."},{"label":"Brian Goldberg","detail":"Managing director, member in the 10% to 25% ownership band and a control person, since September 2013."},{"label":"Kenneth Naehu","detail":"Indirect owner: a co- trustee of Kenneth Naehu and Cynthia Naehu Trust in the 50% to 75% band and a control person, since July 2013.","parent":"Kenneth Naehu and Cynthia Naehu Trust"},{"label":"Cynthia Naehu","detail":"Indirect owner: a co- trustee of Kenneth Naehu and Cynthia Naehu Trust in the 50% to 75% band, since July 2013.","parent":"Kenneth Naehu and Cynthia Naehu Trust"}],"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"21250 Hawthorne BLVD, Suite 550","city":"Torrance","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"310-477-0111","stateRegisteredReps":2,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Other"],"activities":["Portfolio management for individuals and/or small businesses"],"financialPlanningClients":"0","assetMix":[{"label":"U.S. government/agency bonds","percent":17},{"label":"U.S. state and local bonds","percent":80},{"label":"Cash and cash equivalents","percent":2}],"privateFunds":0},"sources":{"adv1FilingDate":"30 April 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/168384/PDF/168384.pdf","brochureDate":"30 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1032922","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Banyan Tree Asset Management have?","answer":"Banyan Tree Asset Management has 47 clients and manages $1.03 billion for them, as of April 2026. They include 46 high-net-worth individuals and 1 pooled investment vehicle.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 30 April 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Banyan Tree Asset Management offer?","answer":"Banyan Tree Asset Management provides portfolio management for individuals and small businesses.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Banyan Tree Asset Management charge?","answer":"Banyan Tree Asset Management charges 0.40%–0.50% a year for its Separately Managed Accounts. The fee is billed in arrears.","source":"BANYAN TREE ASSET MANAGEMENT, LLC - DISCLOSURE BROCHURE, filed 30 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Banyan Tree Asset Management use?","answer":"Banyan Tree Asset Management’s separately managed account assets are held at Pershing Advisor Solutions LLC (Jersey City, NJ), with $934M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 April 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Banyan Tree Asset Management have?","answer":"Banyan Tree Asset Management has 2 investment adviser representatives registered with state securities authorities, out of 5 employees, and 4 perform investment advisory functions. 4 employees are registered representatives of a broker-dealer and 0 employees are licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Banyan Tree Asset Management invest in?","answer":"At the end of its last fiscal year, Banyan Tree Asset Management’s separately managed accounts held 80% state and local bonds, 17% U.S. government and agency bonds and 2% cash and equivalents.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Banyan Tree Asset Management?","answer":"Banyan Tree Asset Management’s direct owners are Kenneth Naehu & Cynthia Naehu Trust (75% or more), Kenneth Naehu & Cynthia Naehu (75% or more), Brian Goldberg (10% to 25%), Kenneth Naehu (50% to 75%) and Cynthia Naehu (50% to 75%).","source":"Form ADV Part 1A, Schedules A and B, filed 30 April 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Banyan Tree Asset Management get paid?","answer":"Banyan Tree Asset Management is paid through a percentage of assets under management and other compensation. 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Is Banyan Tree Asset Management registered with the SEC?","answer":"Yes, Banyan Tree Asset Management has been registered with the SEC as an investment adviser since 22 August 2013. Its CRD number is 168384 and its SEC file number is 801-78480.","source":"Form ADV Part 1A, Item 1, filed 30 April 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Banyan Tree Asset Management?","answer":"Banyan Tree Asset Management’s main office is at 21250 Hawthorne BLVD, Suite 550, Torrance, CA 90503-5517. Its phone number is 310-477-0111. Its website is banyantree-llc.com.","source":"Form ADV Part 1A, Item 1.F, filed 30 April 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}