{"url":"https://nivawealth.com/firms/lotus-asset-management-limited-liability-277030","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/277030","regulatoryAum":120506379,"crd":"277030","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"4986298","suffix":null,"lastName":"PADMANABHAN","firstName":"ROHIT","middleName":"SUNDARAM"}],"total":1,"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"},"secFileNumber":"801-135594","legalName":"Lotus Asset Management Limited Liability Company","displayName":"Lotus Asset Management Limited Liability","slug":"lotus-asset-management-limited-liability-277030","website":"https://lotusam.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/lotus-asset-management/","xUrl":"https://twitter.com/lotusassetmgmt","founded":null,"organization":"New Jersey limited liability company","fiscalYearEnd":"December","headquarters":{"street":"","city":"","state":"","stateName":"","country":"","postalCode":null},"tradeNames":[],"registration":{"secApproved":"20 March 2026","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1037244.7672413794,"staff":{"employees":1,"advisory":1,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":120506379,"discretionary":119877228,"discretionaryAccounts":743,"nonDiscretionary":629151,"nonDiscretionaryAccounts":9,"wrapProgram":120506379,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":87,"regulatoryAum":36867336},{"label":"High-net-worth individuals","clients":29,"regulatoryAum":83453057},{"label":"Charitable organizations","clients":1,"fewerThan5":true,"regulatoryAum":185986}],"feePrograms":[{"role":"main","program":"Comprehensive Financial Advisory Package","feeBasis":"marginal","fee_tiers":[{"to":2000000,"pct":1,"from":0},{"to":5000000,"pct":0.75,"from":2000000},{"to":25000000,"pct":0.5,"from":5000000},{"to":null,"pct":0.25,"from":25000000}],"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1057350","versionId":1057350,"ratePeriod":"annual","fee_billing":null,"submittedOn":"2026-09-09","documentName":"ADV PART 2A-LOTUS ASSET MANAGEMENT LIMITED LIABILITY COMPANY","fee_rate_low":0.25,"fee_rate_high":1,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":"annual","fee_minimum_annual":15000},{"role":"other","program":"Financial Planning","summary":"Fixed fee for creating a financial plan from $3,000 to $75,000, negotiable; included at no extra cost for Comprehensive Financial Advisory clients.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1057350","versionId":1057350,"submittedOn":"2026-09-09","documentName":"ADV PART 2A-LOTUS ASSET MANAGEMENT LIMITED LIABILITY COMPANY"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T15:14:36.758905+00:00","documents":[{"name":"ADV PART 2A-LOTUS ASSET MANAGEMENT LIMITED LIABILITY COMPANY","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1057350","versionId":1057350,"submittedOn":"2026-09-09"},{"name":null,"status":"not_downloaded","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1009569","versionId":1009569,"submittedOn":null}]},"custodians":[{"name":"Altruist Financial LLC","shortName":"Altruist","location":"Culver City, CA","smaAssets":117475359}],"custodyNote":"Lotus Asset Management Limited Liability does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Rohit Padmanabhan","title":"President/Chief Compliance Officer","crd":"4986298"}],"ownership":[{"label":"Rohit Padmanabhan","detail":"President/chief compliance officer in the 75% or more ownership band and a control person, since June 2015."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"315-925-6887","stateRegisteredReps":1,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Portfolio management for individuals and/or small businesses"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":26},{"label":"U.S. government/agency bonds","percent":4},{"label":"Investment grade corporate bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":64},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":1},{"label":"Cash and cash equivalents","percent":8}],"privateFunds":0},"sources":{"adv1FilingDate":"9 September 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/277030/PDF/277030.pdf","brochureDate":"9 September 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1057350","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 Lotus Asset Management Limited Liability have?","answer":"Lotus Asset Management Limited Liability has 117 clients and manages $121 million for them, as of September 2026. They include 87 individual clients, 29 high-net-worth individuals and 1 charitable organization.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 9 September 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Lotus Asset Management Limited Liability offer?","answer":"Lotus Asset Management Limited Liability 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 Lotus Asset Management Limited Liability charge?","answer":"Lotus Asset Management Limited Liability charges 0.25%–1.00% a year for its Comprehensive Financial Advisory Package. Each asset band is charged at its own rate. The fee is negotiable and has a $15,000 annual minimum.","source":"ADV PART 2A-LOTUS ASSET MANAGEMENT LIMITED LIABILITY COMPANY, filed 9 September 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Lotus Asset Management Limited Liability use?","answer":"Lotus Asset Management Limited Liability’s separately managed account assets are held at Altruist Financial LLC (Culver City, CA), with $117M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 9 September 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Lotus Asset Management Limited Liability have?","answer":"Lotus Asset Management Limited Liability has 1 investment adviser representative registered with state securities authorities, out of 1 employees, and 1 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 Lotus Asset Management Limited Liability invest in?","answer":"At the end of its last fiscal year, Lotus Asset Management Limited Liability’s separately managed accounts held 64% registered funds (mutual funds, ETFs, BDCs), 26% exchange-traded equities, 8% cash and equivalents, 4% U.S. government and agency bonds, 1% investment grade corporate bonds and 1% pooled vehicles (private funds and similar).","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 Lotus Asset Management Limited Liability?","answer":"Lotus Asset Management Limited Liability’s direct owner is Rohit Padmanabhan (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 9 September 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Lotus Asset Management Limited Liability get paid?","answer":"Lotus Asset Management Limited Liability 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 Lotus Asset Management Limited Liability?","answer":"Its phone number is 315-925-6887. Its website is lotusam.com.","source":"Form ADV Part 1A, Item 1.F, filed 9 September 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."}