← Tributary

LEDGER ILS MANAGERS, LLC

NEW YORK, NY · CRD 316012 · IAPD ↗ · 510-590-2868

$32.1MRegulatory AUM
2Advisory reps
4Employees
0Clients
n/aPlanning clients
0Private funds
0States
0Disclosures
institutionalSegment
ApprovedSEC status

Filing changes

50
January 2026 — LEDGER ILS MANAGERS, LLC (NEW YORK, NY) left the SEC roster (was $32.1M RAUM, 2 reps).
Firm dropped off the SEC roster: closed, merged, fell below $100M and moved to state registration, or a 120-day provisional registration lapsed.
Recruiting & transitionsM&A & valuation
35
July 2025 — LEDGER ILS MANAGERS, LLC reported RAUM down 70% ($105.6M -> $32.1M).
Regulatory AUM down >=25% since last filing.
M&A & valuationRecruiting & transitions
35
October 2024 — LEDGER ILS MANAGERS, LLC reported RAUM down 67% ($309.4M -> $102.1M).
Regulatory AUM down >=25% since last filing.
M&A & valuationRecruiting & transitions
40
October 2024 — LEDGER ILS MANAGERS, LLC shrank from 4 to 2 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.