{"url":"https://nivawealth.com/firms/realterm-transportation-322689","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/322689","regulatoryAum":10868413000,"crd":"322689","secFileNumber":"801-128609","legalName":"Realterm Transportation LLC","displayName":"Realterm Transportation","website":"https://www.realterm.com","linkedinUrl":"https://www.linkedin.com/company/realterm","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"201 West Street","city":"Annapolis","state":"MD","stateName":"Maryland","country":"United States","postalCode":"21401"},"tradeNames":[],"registration":{"secApproved":"21 August 2023","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":265,"advisory":109,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":8779833000,"discretionaryAccounts":15,"nonDiscretionary":2088580000,"nonDiscretionaryAccounts":1,"wrapProgram":null,"nonUsClientsPct":31,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":16,"regulatoryAum":10868413000}],"fees":[],"feeNotes":[],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[],"custodyNote":"Realterm Transportation has custody of client assets.","otherCustodians":[],"leadership":[{"name":"Robert Fordi","title":"Chief Executive Officer and Chief Investment Officer","crd":"7739709"},{"name":"Wade Judge","title":"Executive Vice President","crd":"838221"},{"name":"Duncan Pickett","title":"President and Chief Operating Officer","crd":"7739228"},{"name":"Amanda Battist","title":"Chief Financial Officer Europe","crd":"5402407"},{"name":"Roberta Paquin","title":"Chief Financial Officer North America, and Global Accounting Officer","crd":"7740471"},{"name":"Jason Rosenberg","title":"Chief Compliance Officer","crd":"2703958"},{"name":"Edward Brickley","title":"Managing Director and Fund Manager RLF Series","crd":"3094235"},{"name":"John Cammett","title":"Co-Chairman and Founder","crd":"6043799"},{"name":"Kenneth Code","title":"Co-Chairman and Founder","crd":"6043764"},{"name":"Alberto Fossati","title":"Managing Director and Fund Manager Relif","crd":"7749357"},{"name":"Balazs Lados","title":"Managing Director and Fund Manager Relf","crd":"7749326"},{"name":"Peter Lesburg","title":"Managing Director Capital Markets","crd":"4556133"},{"name":"stephen Panos","title":"Managing Director and Fund Manager Rlif","crd":"7739956"},{"name":"David Rose","title":"Managing Director and Fund Manager Ralp","crd":"7740611"},{"name":"Toni Ryan","title":"Fund Manager, Apac","crd":"7759822"},{"name":"Aaron Sacks","title":"Managing Director and General Counsel","crd":"7739946"},{"name":"Paul Sisson","title":"Managing Director and Head of Credit Solutions","crd":"5376611"},{"name":"Paul Underwood","title":"Senior Managing Director, Fund Management","crd":"7749195"},{"name":"Bastian van Halder","title":"Managing Director, Apac","crd":"7759929"},{"name":"Grayson Witmer","title":"Managing Director Corporate Development","crd":"7745896"}],"ownership":[{"label":"Robert Fordi","detail":"Chief executive officer and chief investment officer in the 25% to 50% ownership band and a control person, since July 1999. Also a active of RF Investco, LLC in the 25% to 50% band and a control person, since August 2013."},{"label":"Kenneth Code","detail":"Co-chairman and founder in the 25% to 50% ownership band and a control person, since April 1991. Also a active of Realterm Holdings, LLC in the 25% to 50% band and a control person, since March 2019."},{"label":"John Cammett","detail":"Co-chairman and founder in the 25% to 50% ownership band and a control person, since April 1991. Also a active of Realterm Holdings, LLC in the 25% to 50% band and a control person, since March 2019."},{"label":"Realterm Holdings, LLC","detail":"Member in the 50% to 75% ownership band and a control person, since March 2019."},{"label":"RF Investco, LLC","detail":"Member in the 25% to 50% ownership band and a control person, since August 2013."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":16,"privateResidences":0},"listedOfficeAddresses":9,"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"360 N Pacific Coast Highway","city":"El Segundo"}]},{"state":"District of Columbia","offices":1,"addresses":[{"street":"1101 16th Street NW","city":"Washington"}]},{"state":"Florida","offices":1,"addresses":[{"street":"610 SW 34th Street","city":"FT Lauderdale"}]},{"state":"Illinois","offices":1,"addresses":[{"street":"333 W Wacker Drive","city":"Chicago"}]},{"state":"Maryland","offices":2,"addresses":[{"street":"201 West Street","city":"Annapolis","headquarters":true},{"street":"1407 Fleet Street","city":"Baltimore"}]},{"state":"New York","offices":1,"addresses":[{"street":"One Penn Plaza","city":"New York"}]},{"state":"Texas","offices":2,"addresses":[{"street":"19115 Lee Road","city":"Humble"},{"street":"2417 N Support Road","city":"Dallas"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"410-280-1100","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":"0","assetMix":[],"privateFunds":13},"sources":{"adv1FilingDate":"6 May 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/322689/PDF/322689.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Realterm Transportation have?","answer":"Realterm Transportation has 16 clients and manages $10.9 billion for them, as of May 2026.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 6 May 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Realterm Transportation offer?","answer":"Realterm Transportation 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 Realterm Transportation have?","answer":"Realterm Transportation has 0 investment adviser representatives registered with state securities authorities, out of 265 employees, and 109 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 Realterm Transportation?","answer":"Realterm Transportation’s direct owners are Robert Fordi (25% to 50%), Kenneth Code (25% to 50%), John Cammett (25% to 50%), Realterm Holdings, LLC (50% to 75%) and RF Investco, LLC (25% to 50%).","source":"Form ADV Part 1A, Schedules A and B, filed 6 May 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Realterm Transportation get paid?","answer":"Realterm Transportation 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."}