{"url":"https://nivawealth.com/firms/bts-asset-management-105215","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/105215","regulatoryAum":144772017,"crd":"105215","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"1539912","suffix":null,"lastName":"BENTLEY","firstName":"MARK","middleName":"BYRON"},{"crd":"3274460","suffix":null,"lastName":"BRALEY","firstName":"ISAAC","middleName":"CHARLES"},{"crd":"1264447","suffix":null,"lastName":"FASSBENDER","firstName":"WILLIAM","middleName":"HOWARD"},{"crd":"7609536","suffix":null,"lastName":"Lampman","firstName":"Corey","middleName":null},{"crd":"4805064","suffix":null,"lastName":"LINCOLN","firstName":"ROBERT","middleName":"LAWRENCE"},{"crd":"7716346","suffix":null,"lastName":"Pasts","firstName":"Henry","middleName":"Michael"},{"crd":"2132031","suffix":null,"lastName":"PASTS","firstName":"MATTHEW","middleName":"ALEXANDER"},{"crd":"357593","suffix":null,"lastName":"PASTS","firstName":"VILIS","middleName":null},{"crd":"4703850","suffix":"III","lastName":"PLATT","firstName":"GEORGE","middleName":"WILLIAM"},{"crd":"6529784","suffix":null,"lastName":"SCARAFONE","firstName":"BRENDAN","middleName":null},{"crd":"7878551","suffix":null,"lastName":"Sylvia","firstName":"Brian","middleName":"C"}],"total":11,"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":"2021-03-31","regulatoryAum":805361820,"clients":2779,"employees":31,"offices":1},{"filedOn":"2022-03-23","regulatoryAum":613272735,"clients":2212,"employees":29,"offices":1},{"filedOn":"2023-03-31","regulatoryAum":377395288,"clients":1700,"employees":21,"offices":1},{"filedOn":"2024-03-28","regulatoryAum":208504026,"clients":834,"employees":19,"offices":1},{"filedOn":"2025-06-30","regulatoryAum":188801492,"clients":599,"employees":17,"offices":1},{"filedOn":"2026-03-31","regulatoryAum":144772017,"clients":448,"employees":13,"offices":1}],"secFileNumber":"801-14895","legalName":"BTS 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They include 441 individual clients, 3 investment companies and 2 high-net-worth individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does BTS Asset Management offer?","answer":"BTS Asset Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for institutions, and market timing.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does BTS Asset Management use?","answer":"BTS Asset Management’s separately managed account assets are held at Axos Advisor Services (Centennial, CO), with $145M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does BTS Asset Management have?","answer":"BTS Asset Management has 5 investment adviser representatives registered with state securities authorities, out of 13 employees, and 4 perform investment advisory functions. 7 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 BTS Asset Management invest in?","answer":"At the end of its last fiscal year, BTS Asset Management’s separately managed accounts held 95% registered funds (mutual funds, ETFs, BDCs) and 5% 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 BTS Asset Management?","answer":"BTS Asset Management’s direct owners are Vilis Pasts (50% to 75%) and Matthew Pasts (25% to 50%).","source":"Form ADV Part 1A, Schedules A and B, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does BTS Asset Management get paid?","answer":"BTS Asset Management is paid through a percentage of assets under management. 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":"How do I contact BTS Asset Management?","answer":"BTS Asset Management’s main office is at 55 Old Bedford Road, Suite 203, Lincoln, MA 01773. Its phone number is 781-863-2545. Its website is btsfunds.com.","source":"Form ADV Part 1A, Item 1.F, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":{"url":"https://nivawealth.com/firms/bts-asset-management-105215/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-08-14","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/1532842/000158064226005331/0001580642-26-005331-index.html","totalValue":47439123,"positionCount":31,"top10Share":0.8309870526063478,"top10":[{"issuer":"Xtrackers USD High Yield Corporate Bond ETF USD Class","titleOfClass":"ETF","cusip":"233051432","value":24418186,"shares":668625,"shareType":"SH"},{"issuer":"STATE STREET SPDR BLOOMBERG 1 3 MONTH T BILL ETF","titleOfClass":"ETF","cusip":"78468R663","value":8243935,"shares":89960,"shareType":"SH","priorValue":12866058,"priorShares":140398},{"issuer":"JPMorgan Equity Premium Income ETF USD 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