{
  "crd_number": 148566,
  "slug": "1492-capital-management-llc-milwaukee-wi-148566",
  "primary_business_name": "1492 CAPITAL MANAGEMENT, LLC",
  "legal_name": "1492 CAPITAL MANAGEMENT, LLC",
  "dbas": [],
  "city": "Milwaukee",
  "state": "WI",
  "country": "United States",
  "cbsa_code": "33340",
  "metro": {
    "cbsa_code": "33340",
    "common_name": "Milwaukee",
    "msa_name": "Milwaukee-Waukesha, WI",
    "path": "/advisors/wi/milwaukee"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2009-08-05",
  "years_registered": 17,
  "period": "2026-10-01",
  "filing_date": "2026-03-30",
  "carried_forward": false,
  "raum_total": 274626922.0,
  "raum_discretionary": 274626922.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 5,
  "advisory_employees": 5,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": 32891715.0,
      "count": 9
    },
    "individuals": {
      "raum": 3771423.0,
      "count": 11
    },
    "high_net_worth_individuals": {
      "raum": 153751063.0,
      "count": 74
    },
    "corporations_other_businesses": {
      "raum": 84212721.0,
      "count": 4
    }
  },
  "compensation_types": [
    "fixed",
    "other",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "other",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 0,
  "states_registered": [
    "PA",
    "WI"
  ],
  "websites": [
    "https://1492capitalmanagement.com",
    "https://linkedin.com/company/1492-capital-management-llc"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/148566",
  "city_as_filed": "MILWAUKEE",
  "url": "https://advisorcensus.com/firm/1492-capital-management-llc-milwaukee-wi-148566",
  "display_name": "1492 Capital Management, LLC",
  "summary": "1492 Capital Management, LLC is an SEC-registered investment advisory firm in Milwaukee, WI, registered since 2009, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 30, 2026.",
  "citation": "AdvisorCensus. 1492 Capital Management, LLC (CRD 148566): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)",
    "Other"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is 1492 Capital Management, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), 1492 Capital Management, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); other."
    },
    {
      "q": "Where is 1492 Capital Management, LLC located?",
      "a": "1492 Capital Management, LLC's principal office is in Milwaukee, WI, according to its Form ADV."
    },
    {
      "q": "Is 1492 Capital Management, LLC registered with the SEC or a state?",
      "a": "1492 Capital Management, LLC is an SEC-registered investment advisory firm, registered since 2009. Status as filed: Approved. CRD 148566."
    },
    {
      "q": "How much does 1492 Capital Management, LLC manage?",
      "a": "1492 Capital Management, LLC reports $274,626,922 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary)."
    },
    {
      "q": "How have 1492 Capital Management, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for 1492 Capital Management, LLC: Regulatory assets under management: $188,129,328 in the October 2021 data and $274,626,922 in the October 2026 data, up 46%. Total employees: 5 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does 1492 Capital Management, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (74); individuals (other than high net worth individuals) (11); charitable organizations (9)."
    },
    {
      "q": "Which custodians does 1492 Capital Management, LLC use?",
      "a": "1492 Capital Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists BNY Mellon and U.S. Bancorp as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does 1492 Capital Management, LLC report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/148566"
    },
    {
      "q": "What changed in 1492 Capital Management, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $220,388,507 to $274,626,922 (+25%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 188129328.0,
      "total_employees": 5,
      "filing_date": "2021-03-25"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 223921547.0,
      "total_employees": 5,
      "filing_date": "2022-03-30"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 174891971.0,
      "total_employees": 5,
      "filing_date": "2023-03-31"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 191622946.0,
      "total_employees": 5,
      "filing_date": "2024-03-27"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 220388507.0,
      "total_employees": 5,
      "filing_date": "2025-03-25"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 274626922.0,
      "total_employees": 5,
      "filing_date": "2026-03-30"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $220,388,507 to $274,626,922 (+25%)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "BNY Mellon",
      "name_as_filed": "BNY MELLON",
      "affiliated": false
    },
    {
      "name": "U.S. Bancorp",
      "name_as_filed": "U.S. BANCORP",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/1492-capital-management-llc-milwaukee-wi-148566.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 11,
      "fewer_than_5": false,
      "raum": 3771423.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 74,
      "fewer_than_5": false,
      "raum": 153751063.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 9,
      "fewer_than_5": false,
      "raum": 32891715.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 4,
      "fewer_than_5": false,
      "raum": 84212721.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/148566",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}