Trellus Management provides portfolio management for pooled vehicles. The firm advises 2 private funds.
Trellus Management reports 2 pooled investment vehicles. These counts refer to investment vehicles, rather than the individual investors in them. Of its assets, 100.0% ($156M across 2 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Pooled investment vehicles | 100% | 100% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 2 | $156M | 100.0% | $78.2M |
| Total | 2 | $156M | 100% | $78.2M |
- Clients
- 2
- Regulatory AUM
- $156M
- AUM share
- 100.0%
- Avg. per client
- $78.2M
Total
- Clients
- 2
- Regulatory AUM
- $156M
- AUM share
- 100%
- Avg. per client
- $78.2M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 2
- Financial planning clients last fiscal year
- 0
Trellus Management is paid through a percentage of assets under management and performance-based fees; its fees and minimums are set out in its brochures on the SEC website.
Adam Usdan owns 75% or more of Trellus Management. The leadership team of Trellus Management includes President Adam Usdan and Chief Financial Officer James Scaplen. It has 5 employees, 2 of them in advisory roles.
Leadership
- Adam UsdanPresident, Portfolio Manager and Managing Member
- James ScaplenChief Financial Officer & Chief Compliance Officer
Staff
- 5 employees
- 2 in advisory functions
- Owns 75% or more of Trellus Management Company, LLC
Adam Usdan
Control person · since January 1994
Besides its headquarters, Trellus Management has 0 offices, with 1 listed address in 1 state.
Florida · 1 listed address
- 1615 S. Congress Avenue, Suite 103, Delray BeachHQ
Contact and registration details
- Legal name
- Trellus Management Company, LLC
- Headquarters
- 1615 S. Congress Avenue, Suite 103, Delray Beach, FL 33445
- Website
- Not reported
- Phone
- 646-561-2620
- SEC file
- 801-136381
- Structure
- Delaware LLC
- Fiscal year end
- December
Trellus Management has custody of $156M for 2 clients.
How many clients does Trellus Management have?
Trellus Management has 2 clients and manages $156 million for them, as of April 2026. They include 2 pooled investment vehicles.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 28 April 2026
What services does Trellus Management offer?
Trellus Management provides portfolio management for pooled vehicles.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How many financial advisors does Trellus Management have?
Trellus Management has 0 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
Who owns Trellus Management?
Trellus Management’s direct owner is Adam Usdan (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 28 April 2026
How does Trellus Management get paid?
Trellus 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
How do I contact Trellus Management?
Trellus Management’s main office is at 1615 S. Congress Avenue, Suite 103, Delray Beach, FL 33445. Its phone number is 646-561-2620.