{"url":"https://nivawealth.com/firms/linden-manager-161059","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/161059","regulatoryAum":13947787397,"crd":"161059","secFileNumber":"801-74100","legalName":"Linden Manager LLC","displayName":"Linden Manager","website":"https://www.linden.com/","linkedinUrl":"https://www.linkedin.com/company/linden-llc/","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"110 North Wacker Drive, 55th Floor","city":"Chicago","state":"IL","stateName":"Illinois","country":"United States","postalCode":"60606"},"tradeNames":["Linden LLC"],"registration":{"secApproved":"11 March 2012","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":55,"advisory":47,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":13947787397,"discretionaryAccounts":28,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":7,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":28,"regulatoryAum":13947787397}],"fees":[],"feeNotes":[],"custodians":[],"custodyNote":"Linden Manager has custody of $25.0M for 5 clients.","otherCustodians":[],"leadership":[{"name":"Anthony Davis","title":"Co-Founder & President","crd":"6023014"},{"name":"Douglass Vandegrift","title":"Chief Financial Officer","crd":"6024141"},{"name":"Jonathan Romick","title":"General Counsel, Chief Compliance Officer","crd":"5401037"},{"name":"Brian Miller","title":"Co-Founder & Partner","crd":"6024140"}],"ownership":[{"label":"Linden Holdings Parent LP","detail":"Sole member in the 75% or more ownership band and a control person, since January 2024."},{"label":"Brian Miller","detail":"Indirect owner: a member of Linden Holdings Parent GP LLC in the 25% to 50% band and a control person, since January 2024. Also a limited partner of Linden MH Holdco LP in the 25% to 50% band and a control person, since May 2024.","parent":"Linden Holdings Parent GP LLC"},{"label":"Linden Holdings Parent GP LLC","detail":"Indirect owner: general partner of Linden Holdings Parent LP and a control person, since January 2024. Also general partner of Linden MH Holdco LP and a control person, since May 2024.","parent":"Linden Holdings Parent LP"},{"label":"Anthony Davis","detail":"Indirect owner: a member of Linden Holdings Parent GP LLC in the 25% to 50% band and a control person, since January 2024. Also a limited partner of Linden MH Holdco LP in the 25% to 50% band and a control person, since May 2024.","parent":"Linden Holdings Parent GP LLC"},{"label":"Linden MH Holdco LP","detail":"Indirect owner: a limited partner of Linden Holdings Parent LP in the 75% or more band and a control person, since May 2024.","parent":"Linden Holdings Parent LP"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"officesByState":[{"state":"Illinois","offices":1,"addresses":[{"street":"110 North Wacker Drive, 55th Floor","city":"Chicago","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"312-506-5600","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees","Other"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)","Other"],"financialPlanningClients":null,"assetMix":[],"privateFunds":28},"sources":{"adv1FilingDate":"25 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/161059/PDF/161059.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Linden Manager have?","answer":"Linden Manager has 28 clients and manages $13.9 billion for them, as of March 2026.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 25 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Linden Manager offer?","answer":"Linden Manager 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":"How many financial advisors does Linden Manager have?","answer":"Linden Manager has 0 investment adviser representatives registered with state securities authorities, out of 55 employees, and 47 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":"Who owns Linden Manager?","answer":"Linden Manager is owned through a chain of holding companies by Brian Miller, Anthony Davis and Linden MH Holdco LP. Its direct owner is Linden Holdings Parent LP (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 25 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Linden Manager get paid?","answer":"Linden Manager is paid through a percentage of assets under management, performance-based fees and other arrangements. 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":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. 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."}