{"url":"https://nivawealth.com/firms/compass-rose-asset-management-297010","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/297010","regulatoryAum":16500609281,"crd":"297010","secFileNumber":"801-113397","legalName":"Compass Rose Asset Management, LP","displayName":"Compass Rose Asset Management","website":null,"founded":null,"organization":"Delaware limited partnership","fiscalYearEnd":"December","headquarters":{"street":"124 East 14th Street, 21st Floor","city":"New York","state":"NY","stateName":"New York","country":"United States","postalCode":"10003"},"tradeNames":[],"registration":{"secApproved":"8 June 2018","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":37,"advisory":16,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":16500609281,"discretionaryAccounts":4,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":82,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":3,"regulatoryAum":13742009878},{"label":"Other","clients":0,"regulatoryAum":2758599403}],"fees":[],"feeNotes":[],"custodians":[{"name":"J.P. Morgan Clearing Corp.","shortName":"J.P. Morgan","location":"New York, NY","smaAssets":769384602},{"name":"Goldman Sachs & Co. LLC","shortName":"Goldman Sachs &","location":"New York, NY","smaAssets":1183665688},{"name":"Barclays Bank PLC","shortName":"Barclays Bank PLC","location":"London","smaAssets":750119063},{"name":"Scotia Bank","shortName":"Scotia Bank","location":"Toronto","smaAssets":39138829},{"name":"Morgan Stanley & Co. LLC","shortName":"Morgan Stanley","location":"New York, NY","smaAssets":3680992},{"name":"Bank of America","shortName":"Bank of America","location":"New York, NY","smaAssets":1185534},{"name":"Carta Capital Markets, LLC","shortName":"Carta Capital Markets","location":"New York, NY","smaAssets":9999986},{"name":"Citibank","shortName":"Citibank","location":"New York, NY","smaAssets":300978},{"name":"BNP Paribas","shortName":"BNP Paribas","location":"New York, NY","smaAssets":290946},{"name":"Deutsche Bank Ag","shortName":"Deutsche Bank Ag","location":"New York, NY","smaAssets":230830},{"name":"Royal Bank of Canada","shortName":"Royal Bank of Canada","location":"New York, NY","smaAssets":601955}],"custodyNote":"Compass Rose Asset Management has custody of $13.74B for 3 clients.","otherCustodians":[],"leadership":[{"name":"Brian Riano","title":"Chief Executive Officer","crd":"1903441"},{"name":"Bryan Carroll","title":"President","crd":"7355623"},{"name":"Neil Berman","title":"Chief Financial Officer","crd":"3114571"},{"name":"Todd Duffy","title":"Chief Compliance Officer","crd":"2484747"},{"name":"Sean Fahey","title":"Partner","crd":"2662782"},{"name":"Jason Roche","title":"Chief Investment Officer","crd":"7003590"},{"name":"Daniel Weiner","title":"General Counsel","crd":"7856634"},{"name":"Cameron Lewis","title":"Portfolio Manager","crd":"5373308"}],"ownership":[{"label":"Sean Fahey","detail":"Partner in the 10% to 25% ownership band and a control person, since September 2017. Also a member of Compass Rose Asset Management GP, LLC in the 25% to 50% band and a control person, since September 2017."},{"label":"Brian Riano","detail":"Chief executive officer in the 10% to 25% ownership band and a control person, since September 2017. Also a member of Compass Rose Asset Management GP, LLC in the 25% to 50% band and a control person, since September 2017."},{"label":"Jason Roche","detail":"Chief investment officer in the 25% to 50% ownership band and a control person, since August 2018. Also a member of Compass Rose Asset Management GP, LLC in the 25% to 50% band and a control person, since August 2018."},{"label":"Cameron Lewis","detail":"Portfolio manager in the 10% to 25% ownership band and a control person, since May 2018."},{"label":"Bryan Carroll","detail":"President in the 10% to 25% ownership band and a control person, since August 2025."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":2,"privateResidences":0},"listedOfficeAddresses":3,"officesByState":[{"state":"Connecticut","offices":1,"addresses":[{"street":"17 River Road","city":"Washington Depot"}]},{"state":"Florida","offices":1,"addresses":[{"street":"2925 Cardinal Drive","city":"Vero Beach"}]},{"state":"New York","offices":1,"addresses":[{"street":"124 East 14th Street, 21st Floor","city":"New York","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"212-888-1433","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)","Other"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":2},{"label":"Non-exchange-traded equity securities","percent":4},{"label":"U.S. government/agency bonds","percent":19},{"label":"Sovereign bonds","percent":10},{"label":"Investment grade corporate bonds","percent":20},{"label":"Non-investment grade corporate bonds","percent":12},{"label":"Derivatives","percent":1},{"label":"Cash and cash equivalents","percent":32}],"privateFunds":3},"sources":{"adv1FilingDate":"31 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/297010/PDF/297010.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Compass Rose Asset Management have?","answer":"Compass Rose Asset Management has 3 clients and manages $16.5 billion for them, as of March 2026.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Compass Rose Asset Management offer?","answer":"Compass Rose Asset Management provides portfolio management for pooled vehicles and other activities.","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 Compass Rose Asset Management use?","answer":"Compass Rose Asset Management’s separately managed account assets are held at Goldman Sachs & Co. LLC (New York, NY), with $1,183,665,688, J.P. Morgan Clearing Corp. (New York, NY), with $769,384,602, Barclays Bank PLC (London), with $750,119,063, Scotia Bank (Toronto), with $39,138,829, Carta Capital Markets, LLC (New York, NY), with $9,999,986, Morgan Stanley & Co. LLC (New York, NY), with $3,680,992, Bank of America (New York, NY), with $1,185,534, Royal Bank of Canada (New York, NY), with $601,955, Citibank (New York, NY), with $300,978, BNP Paribas (New York, NY), with $290,946 and Deutsche Bank Ag (New York, NY), with $230,830. 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 Compass Rose Asset Management have?","answer":"Compass Rose Asset Management has 0 investment adviser representatives registered with state securities authorities, out of 37 employees, and 16 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 Compass Rose Asset Management invest in?","answer":"At the end of its last fiscal year, Compass Rose Asset Management’s separately managed accounts held 32% cash and equivalents, 20% investment grade corporate bonds, 19% U.S. government and agency bonds, 12% high-yield corporate bonds, 10% sovereign bonds, 4% non-exchange-traded equities, 2% exchange-traded equities and 1% derivatives. It advises 3 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 Compass Rose Asset Management?","answer":"Compass Rose Asset Management’s direct owners are Sean Fahey, Brian Riano, Jason Roche, Cameron Lewis and Bryan Carroll, each holding 50% or less.","source":"Form ADV Part 1A, Schedules A and B, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Compass Rose Asset Management get paid?","answer":"Compass Rose Asset Management is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions 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"}}],"holdings":{"url":"https://nivawealth.com/firms/compass-rose-asset-management-297010/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-08-12","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/1758811/000175881126000004/0001758811-26-000004-index.html","totalValue":3554046628,"positionCount":25,"top10Share":0.9545891481196402,"top10":[{"issuer":"VANECK ETF TRUST","titleOfClass":"SEMICONDUCTR ETF","cusip":"92189F676","value":2566497570,"shares":3913000,"shareType":"SH","putCall":"Put"},{"issuer":"ISHARES TR","titleOfClass":"RUSSELL 2000 ETF","cusip":"464287655","value":321481500,"shares":1070000,"shareType":"SH","putCall":"Put"},{"issuer":"ISHARES BITCOIN TRUST ETF","titleOfClass":"SHS BEN 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Facts as filed; not a rating, ranking, or recommendation. Niva Wealth 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."}