{"url":"https://nivawealth.com/firms/caerus-investment-advisors-171716","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/171716","regulatoryAum":117194570,"crd":"171716","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"5683262","suffix":null,"lastName":"CHEUNG","firstName":"MICHAEL","middleName":"HOI-MING"},{"crd":"5550638","suffix":null,"lastName":"CHOU","firstName":"SHANG","middleName":null},{"crd":"6831434","suffix":null,"lastName":"Lysyanska","firstName":"Veronika","middleName":"O"},{"crd":"4240323","suffix":null,"lastName":"SEO","firstName":"DANIEL","middleName":"WON"},{"crd":"8045217","suffix":null,"lastName":"Tang","firstName":"Yijie","middleName":null}],"total":5,"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":"2021-03-03","regulatoryAum":221422906,"clients":268,"employees":4,"offices":1},{"filedOn":"2022-01-27","regulatoryAum":204426874,"clients":212,"employees":5,"offices":1},{"filedOn":"2023-02-17","regulatoryAum":204365920,"clients":99,"employees":5,"offices":1},{"filedOn":"2024-03-04","regulatoryAum":206356128,"clients":130,"employees":5,"offices":1},{"filedOn":"2025-06-10","regulatoryAum":194550948,"clients":127,"employees":6,"offices":2},{"filedOn":"2026-03-26","regulatoryAum":117194570,"clients":54,"employees":5,"offices":2}],"secFileNumber":"801-110401","legalName":"Caerus Investment Advisors, LLC","displayName":"Caerus Investment Advisors","slug":"caerus-investment-advisors-171716","website":"https://caerusadvisor.com/","classification":{"segment":"private_funds","segmentLabel":"Private funds","type":"private_fund_manager","typeLabel":null,"feeDisclosure":"payment_only"},"linkedinUrl":"https://www.linkedin.com/company/caerus-invesment-advisors-llc","founded":null,"organization":"California limited liability company","fiscalYearEnd":"December","headquarters":{"street":"","city":"","state":"","stateName":"","country":"","postalCode":null},"tradeNames":[],"registration":{"secApproved":"13 April 2017","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":699844.8571428572,"staff":{"employees":5,"advisory":2,"brokerDealerReps":0,"insuranceAgents":0,"promoters":1},"aum":{"regulatory":117194570,"discretionary":24494570,"discretionaryAccounts":35,"nonDiscretionary":92700000,"nonDiscretionaryAccounts":19,"wrapProgram":29494570,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"High-net-worth individuals","clients":35,"regulatoryAum":24494570},{"label":"Pooled investment vehicles","clients":19,"regulatoryAum":92700000}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[{"name":"Trade-PMR Inc.","shortName":"Trade-PMR","location":"Gainesville, FL","smaAssets":15563216}],"custodyNote":"Caerus Investment Advisors has custody of $92.7M for 19 clients.","otherCustodians":[],"leadership":[{"name":"Jessica Clark","title":"Chief Compliance Officer","crd":"3147754"},{"name":"Michael Cheung","title":"Managing Member","crd":"5683262"}],"ownership":[{"label":"Michael Cheung","detail":"Managing member in the 75% or more ownership band and a control person, since September 2014."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"foreignOffices":[],"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"825 Bank Street","city":"South Pasadena"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"323-835-5560","stateRegisteredReps":5,"otherAdviserReps":3,"compensation":["A percentage of assets under management"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients","Pension consulting services"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":4},{"label":"Securities issued by registered investment companies or business development companies","percent":95},{"label":"Cash and cash equivalents","percent":1}],"privateFunds":15},"sources":{"adv1FilingDate":"26 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/171716/PDF/171716.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-21","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Caerus Investment Advisors have?","answer":"Caerus Investment Advisors has 54 clients and manages $117 million for them, as of March 2026. They include 35 high-net-worth individuals and 19 pooled investment vehicles.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 26 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Caerus Investment Advisors offer?","answer":"Caerus Investment Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, and pension consulting.","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 Caerus Investment Advisors use?","answer":"Caerus Investment Advisors’ separately managed account assets are held at Trade-PMR Inc. (Gainesville, FL), with $15.6M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 26 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Caerus Investment Advisors have?","answer":"Caerus Investment Advisors has 5 investment adviser representatives registered with state securities authorities, out of 5 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Caerus Investment Advisors invest in?","answer":"At the end of its last fiscal year, Caerus Investment Advisors’ separately managed accounts held 95% registered funds (mutual funds, ETFs, BDCs), 4% exchange-traded equities and 1% cash and equivalents. It advises 15 private funds.","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 Caerus Investment Advisors?","answer":"Caerus Investment Advisors’ direct owner is Michael Cheung (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 26 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Caerus Investment Advisors get paid?","answer":"Caerus Investment Advisors 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 Caerus Investment Advisors?","answer":"Its phone number is 323-835-5560. Its website is caerusadvisor.com.","source":"Form ADV Part 1A, Item 1.F, filed 26 March 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."}