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RESERVOIR OPERATIONS, L.P.

NEW YORK, NY · CRD 156800 · IAPD ↗ · reservoircap.com · 212-610-9000

$364.8MRegulatory AUM
3Advisory reps
8Employees
0Clients
n/aPlanning clients
5Private funds
2States
0Disclosures
fundSegment
ApprovedSEC status

Filing changes

30
April 2026 — RESERVOIR OPERATIONS, L.P. notice-filed in CA.
Notice-filed in new state(s): the firm is taking clients somewhere new.
ComplianceMarketing & brand
38
April 2026 — RESERVOIR OPERATIONS, L.P. added office(s): 0 -> 2 additional locations.
Count of additional offices increased.
Office IT & facilitiesCRMRecruiting & transitions
53
April 2026 — RESERVOIR OPERATIONS, L.P. now reports custody of client assets ($729.5M).
Firm now reports custody of client assets — surprise exams and controls follow.
ComplianceCustodian
48
April 2024 — RESERVOIR OPERATIONS, L.P. reported RAUM down 76% ($2.22B -> $538.2M).
Regulatory AUM down >=25% since last filing.
M&A & valuationRecruiting & transitions
53
April 2024 — RESERVOIR OPERATIONS, L.P. shrank from 6 to 3 advisory reps.
Advisory representative count fell materially — advisors are moving, or the firm is shrinking.
Recruiting & transitionsM&A & valuation

Data: SEC Form ADV monthly roster (public). Confirm on IAPD before acting.