SEC-registered independent wealth management RIA
Swarthmore Asset Management Ltd
As of its Form ADV filed February 25, 2026, Swarthmore Asset Management Ltd, an SEC-registered independent wealth management RIA in New York, New York, reported $48.6 million in regulatory assets under management across 42 accounts, ranking #610 among independent RIAs in New York by assets.
Registration
- Registration
- SEC-registered, Approved
- CRD number
- 108507
- SEC file number
- 801-41752
- Registered since
- June 18, 1992
- Latest Form ADV filing
- February 25, 2026
- Organized as
- Corporation
- Fiscal year ends
- December
- Other offices
- 0
Key figures
- Regulatory assets under management
- $48.6 million
- Discretionary
- $48.6 million (100.0%)
- Non-discretionary
- $0
- Accounts
- 42 (42 discretionary)
- Clients
- 25, approximate as reported
- Employees
- 2
- Advisory staff
- 1 performing investment advisory functions
- Average account
- $1.2 million
- Asset growth, 1 year
- 0.9% (from $48.2 million a year earlier)
- Asset growth, 3-year annual rate
- 4.4% (from $42.6 million three years earlier)
- Asset growth, 5-year annual rate
- 1.2% (from $45.7 million five years earlier)
- Client growth, 1 year
- 0.0% (from 25)
Independent wealth management RIA: individual and high net worth clients hold at least half of its regulatory assets, it offers financial planning or portfolio management for individuals, and it is not a broker-dealer, a bank or part of one by the directory's rules. How firms are classed.
Growth rates come from the SEC's yearly snapshots and are left blank when the years are not comparable.
Rankings
Among independent wealth management RIAs.
Assets over time
Data table
| As of | RAUM |
|---|---|
| October 1, 2010 | $33.4 million |
| October 3, 2011 | $33.2 million |
| October 1, 2012 | $31.9 million |
| October 1, 2013 | $39.3 million |
| October 1, 2014 | $42.0 million |
| October 1, 2015 | $41.8 million |
| October 3, 2016 | $39.5 million |
| October 2, 2017 | $40.5 million |
| October 1, 2018 | $41.3 million |
| October 1, 2019 | $41.3 million |
| October 1, 2020 | $46.4 million |
| October 4, 2021 | $45.7 million |
| October 3, 2022 | $45.0 million |
| October 5, 2023 | $42.6 million |
| October 1, 2024 | $44.7 million |
| September 2, 2025 | $48.2 million |
| October 2, 2026 | $48.6 million |
Clients and services
Client mix
| Measure | Bar | RAUM |
|---|---|---|
| High net worth individuals 9 clients | $23.6 million | |
| Other 5 clients | $18.6 million | |
| Individuals (other than high net worth) 8 clients | $2.8 million | |
| Pension and profit sharing plans fewer than 5 clients | $1.9 million | |
| Corporations or other businesses fewer than 5 clients | $1.4 million | |
| Charitable organizations fewer than 5 clients | $304,452 | |
| Banking or thrift institutions fewer than 5 clients | $0 | |
| State or municipal government entities fewer than 5 clients | $0 | |
| Other investment advisers fewer than 5 clients | $0 | |
| Insurance companies fewer than 5 clients | $0 | |
| Sovereign wealth funds and foreign official institutions fewer than 5 clients | $0 |
How the firm is paid
- A percentage of assets under management
- Fixed fees
Advisory services
- Portfolio management for individuals or small businesses
Wrap fee program sponsor or portfolio manager: no.
Other business, affiliations and custody
Other business activities (Item 6.A)
None reported.
Financial industry affiliations (Item 7.A)
None reported.
Custody (Item 9)
The firm reported custody of client cash or securities, $48.5 million in total.
Investment adviser representatives
- IARs registered with the firm
- 0
- Also registered through a broker-dealer
- 0
- Employees who are IARs (Form ADV 5.B(3))
- 0
IAR registrations by jurisdiction are not available for this firm. IAR CE requirements by state.
Counts only. AdvisorIQ does not list individual people.
Disclosures
On Form ADV Item 11 the firm answered yes to 0 disclosure questions. See the detail on IAPD.
Succession and acquired firms
On Form ADV Item 4 the firm did not report succeeding to another adviser's business.
Similar-sized firms in New York
| Firm | City | RAUM |
|---|---|---|
| Hudson Companies | Pearl River | $48.8 million |
| Saratoga Investment Solutions Inc. | Saratoga Springs | $48.7 million |
| KPC Terrapin Group LLC | New York | $48.7 million |
| Brandon Hill Wealth Management, LLC | Katonah | $48.4 million |
| American Wealth Administration Group LLC | Glen Cove | $48.3 million |
The five independent RIAs nearest in regulatory assets with a main office in the same state.
Elsewhere
- Swarthmore Asset Management Ltd on IAPD: Form ADV, brochures and disclosure detail.
- Independent RIAs in New York
Firm data as of October 2, 2026, from ia100226.zip. Figures are as the firm reported them; corrections are made on Form ADV and appear after the next monthly reload.
Data as of October 2, 2026, from Form ADV. Sources: SEC registered adviser data (ia100226.zip) and IAPD compilation reports. How the directory is built.