← Directory
20 GATES MANAGEMENT LLC
CRD 155480File 801-72538
APPROVED
Custody
Filing as of Mar 31, 2026
Feed vintage Sep 3, 2026
Regulatory AUM
$4.97B
Top 25% of cohort (national)
Discretionary AUM
$3.91B
Non-discretionary $1.06B
Clients
6
6 accounts
Employees
10
Top 25% of cohort in NY
Identity & registration
ADV Item 1- Organization form
- Limited Liability Company
- Firm type
- Registered
- SEC region
- NYRO
- Registration date
- Jun 22, 2011
- Principal office
- 120 WEST 45TH STREET, SUITE 3700, NEW YORK, NY, 10036
- Phone
- 212-295-3790
- Website
- HTTP://WWW.20GATES.COM
Assets & accounts
ADV Item 5F- Total regulatory AUM
- $4.97B
- Discretionary AUM
- $3.91B
- Non-discretionary AUM
- $1.06B
- Discretionary accounts
- 2
- Non-discretionary accounts
- 4
- Total accounts
- 6
- AUM per client
- $827.8M
Clients by type
ADV Item 5D| Client type | Clients | AUM |
|---|---|---|
| Other | 1 | $0 |
| Insurance companies | 2 | $1.31B |
| Other investment advisers | 1 | $16.9M |
| Pooled investment vehicles | 2 | $3.64B |
Compensation & activities
ADV Items 5E, 5GCompensation
- Other
- Other (described) — RESIDUAL INTEREST
- Performance-based fees
- A percentage of assets under your management
Advisory activities
- Other advisory activities
- Portfolio management for businesses
- Portfolio management for pooled investment vehicles
Custody
ADV Item 9- Firm Custody Cash
- No
- Firm Custody Assets
- Yes
- Firm Custody Clients
- Yes
- Firm Custody Securities
- No
- Related Person Custody Cash
- Yes
- Related Person Custody Assets
- No
- Related Person Custody Clients
- No
- Related Person Custody Securities
- Yes
Disclosure events
ADV Item 11This firm answered no to every Item 11 disclosure question in this filing.
Filed changes
| Date | Field | From | To | Change |
|---|---|---|---|---|
| Apr 1, 2026 | Employees | 11 | 10 | decreased by1 |
| Apr 1, 2026 | Clients | 5 | 6 | increased by1 |
| Apr 1, 2026 | AUM | $5,339,847,773 | $4,966,945,931 | decreased by$372,901,842 |
| Apr 1, 2026 | Accounts | 5 | 6 | increased by1 |
| May 1, 2025 vs Oct 1, 2022 | Employees | 10 | 11 | increased by1 |
| May 1, 2025 vs Oct 1, 2022 | Clients | 4 | 5 | increased by1 |
| May 1, 2025 vs Oct 1, 2022 | AUM | $6,320,753,804 | $5,339,847,773 | decreased by$980,906,031 |
| May 1, 2025 vs Oct 1, 2022 | Accounts | 4 | 5 | increased by1 |
| Apr 1, 2022 | Clients | 3 | 4 | increased by1 |
| Apr 1, 2022 | AUM | $5,787,854,853 | $6,320,753,804 | increased by$532,898,951 |
| Apr 1, 2022 | Accounts | 3 | 4 | increased by1 |
| Apr 1, 2021 | Registration | — | APPROVED |
On Form 5500, an adviser usually appears as a plan service provider (Schedule C), not the plan sponsor.
See plans that list “20 GATES” as a service provider on 5500mcp →Matched by name only — Form ADV and Form 5500 share no identifier, and names are searched loosely (“20 GATES” may also match similarly-named firms). Confirm identity against each filing.
Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.