0001145549-24-001904.txt : 20240112 0001145549-24-001904.hdr.sgml : 20240112 20240112162251 ACCESSION NUMBER: 0001145549-24-001904 CONFORMED SUBMISSION TYPE: N-CEN PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20231031 FILED AS OF DATE: 20240112 DATE AS OF CHANGE: 20240112 EFFECTIVENESS DATE: 20240112 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Advisor Managed Portfolios CENTRAL INDEX KEY: 0001970751 ORGANIZATION NAME: IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: N-CEN SEC ACT: 1940 Act SEC FILE NUMBER: 811-23859 FILM NUMBER: 24532309 BUSINESS ADDRESS: STREET 1: 615 EAST MICHIGAN STREET CITY: MILWAUKEE STATE: WI ZIP: 53202 BUSINESS PHONE: (626) 914-7385 MAIL ADDRESS: STREET 1: 615 EAST MICHIGAN STREET CITY: MILWAUKEE STATE: WI ZIP: 53202 0001970751 S000080629 Soundwatch Hedged Equity ETF C000243144 Soundwatch Hedged Equity ETF SHDG N-CEN 1 primary_doc.xml X0404 N-CEN LIVE 0001970751 XXXXXXXX false false false N-1A S000080629 true Advisor Managed Portfolios 811-23859 0001970751 529900AK253W8LJALD89 615 East Michigan Street Milwaukee 53202-5210 US-WI US 4142873700 U.S. Bancorp Fund Services, LLC 615 East Wisconsin Avenue Milwaukee 53202 8003003863 Financial reports, accounting books, compliance, transfer agent and dividend records Arch Indices Investment Advisors LLC 401 Park Avenue South 10th Floor New York 10016 6463892422 Records related to its function as an adviser Ramirez Asset Management, Inc. 61 Broadway 29th Floor New York 10006 8884723102 Records related to its function as an adviser Soundwatch Capital LLC 137 Rowayton Avenue Suite 120 Rowayton 06853 6464429652 Records related to its function as an adviser U.S. Bank National Association 1555 North RiverCenter Drive Suite 302 Milwaukee 53212 4149055059 Custodian records Quasar Distributors LLC 111 East Kilbourn Ave. Suite 2200 Milwaukee 53202 8336121912 Distributor and Underwriter Records Y N N N-1A 4 Y Wan-Chong Kung N/A N Brian Ferrie N/A N Christopher E. Kashmerick N/A Y Russell Emery N/A N Diane K. Miller N/A 615 E. Michigan Street Milwaukee 53202-5210 XXXXXX N N N N N N N Quasar Distributors, LLC 8-52323 000103848 N/A N N Cohen & Co. Ltd. 00925 N/A N N N N N N N Soundwatch Hedged Equity ETF S000080629 529900Y1RRQQCLFPKU19 Y 1 0 0 Exchange-Traded Fund N N Y N N/A N/A N/A Rule 32a-4 (17 CFR 270.32a-4) Rule 6c-11 (17 CFR 270.6c-11) Rule 18f-4 (17 CFR 270.18f-4) N N N N Soundwatch Capital LLC 801-80617 000173151 N/A N U.S. Bancorp Fund Services, LLC 85-11357 N1GZ7BBF3NP8GI976H15 N N N Intercontinental Exchange Inc 5493000F4ZO33MV32P92 N N U.S. Bank National Association 6BYL5QZYBDK8S7L73M02 N N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) N N U.S. Bancorp Fund Services, LLC N1GZ7BBF3NP8GI976H15 Y N N Interactive Brokers LLC 8-47257 000036418 50OBSE5T5521O6SMZR28 9785.860000000000 9785.860000000000 Interactive Brokers LLC 8-47257 000036418 50OBSE5T5521O6SMZR28 4086818.000000000000 16238817.940000000000 N 103614032.710000000000 N N N N Soundwatch Hedged Equity ETF S000080629 N 25000.000000000000 25.320000000000 29.260000000000 74.680000000000 29.260000000000 6.040000000000 5.510000000000 93.960000000000 5.510000000000 N/A 300.000000000000 N/A N/A 300.000000000000 N/A N/A 100.000000000000 N/A N/A 100.000000000000 N/A Y true INTERNAL CONTROL RPT 2 internalcontrolletter.htm SOUNDWATCH INTERNAL CONTROL LETTER PDFtoHTML Conversion Output

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Board of Trustees of Advisor Managed Portfolios

and the Shareholders of Soundwatch Hedged Equity ETF

In planning and performing our audit of the financial statements of Advisor Managed Portfolios comprising Soundwatch Hedged Equity ETF (the "Fund," formerly a series of Trust for Advised Portfolios) as of and for the year ended October 31, 2023, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), we considered the Fund's internal control over financial reporting, including controls over safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N"CEN, but not for the purpose of expressing an opinion on the effectiveness of the Fund's internal control over financial reporting. Accordingly, we express no such opinion.

The management of the Fund is responsible for establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. A fund's internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles (GAAP). A fund's internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the fund; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with GAAP, and that receipts and expenditures of the fund are being made only in accordance with authorizations of management and Trustees of the fund; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of a fund's assets that could have a material effect on the financial statements.

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

A deficiency in internal control over financial reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the Fund's annual or interim financial statements will not be prevented or detected on a timely basis.

Our consideration of the Fund's internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in internal control that might be material weaknesses under standards established by the PCAOB. However, we noted no deficiencies in the Fund's internal control over financial reporting and its operation, including controls over safeguarding securities, that we consider to be a material weakness as defined above as of October 31, 2023.

This report is intended solely for the information and use of management and the Board of Trustees of the Fund and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties.

/s/ COHEN & COMPANY, LTD.

COHEN & COMPANY, LTD.

Philadelphia, Pennsylvania

December 27, 2023

C O H E N & C O M P A N Y , L T D .

800.229.1099 | 866.818.4538 fa x | cohencpa.com

Registered with the Public Company Accounting Oversight Board