Sicart Associates, Llc
- Regulatory AUM
- $455M
- Discretionary
- $455M
- Clients
- 110
- Avg AUM / client
- $4.1M
- Accounts
- 207
- Employees
- 3
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Apr 07, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 18 | $9.4M | 2.06% |
| High net worth individuals | 91 | $423M | 92.8% |
| Pooled investment vehicles (non-investment companies) | 1 | $23.3M | 5.12% |
Private funds (1)
Reported in Form ADV Section 7.B.(1), filing of Oct 2024 · $17.4M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Sicart Focus Partners, Lp | Hedge Fund | Delaware | $17.4M | 2 |
People (2)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Jaganath, Patsy, P (Mi Only) | Treasurer, Chief Operating Officer | Jul 2016 (10y) | ≈ 18.75% – 50% via Sicart Partners, Lp | |
| Yibo (Nmn) Huang | President, Chief Compliance Officer | CFA | Jul 2016 (10y) | ≈ 37.5% – 75% via Sicart Partners, Lp |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Sicart Partners, Lp | Member | Jul 2016 | A | 75% or more |
| Sicart Management Llc | General Partner | Jul 2016 | B | GP / trustee / elected manager of Sicart Partners, Lp (indirect) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Jaganath, Patsy, P (Mi Only): 25% – 50% of Sicart Partners, Lp × 75% – 100% direct ≈ 18.75% – 50% of the firm
- Yibo (Nmn) Huang: 50% – 75% of Sicart Partners, Lp × 75% – 100% direct ≈ 37.5% – 75% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (1, $17.4M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Sicart Focus Partners, Lp | Hedge Fund | $17.4M | $100K | 2 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 04/07/2026 | 1.22 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Other fees
- • FEES FOR TRUSTEE SERVICES
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
- • Selection of other advisers
- • Other services
Custody
Reported custodians
- Pershing $455M (100% of AUM) Apr 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Apr 07, 2026.
View current Form ADV (SEC/IAPD) ↗