{ "crd_number": 144758, "slug": "1607-capital-partners-llc-richmond-va-144758", "primary_business_name": "1607 CAPITAL PARTNERS, LLC", "legal_name": "1607 CAPITAL PARTNERS, LLC", "dbas": [], "city": "Richmond", "state": "VA", "country": "United States", "cbsa_code": "40060", "metro": { "cbsa_code": "40060", "common_name": "Richmond", "msa_name": "Richmond, VA", "path": "/advisors/va/richmond" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2007-09-14", "years_registered": 19, "period": "2026-10-01", "filing_date": "2026-03-17", "carried_forward": false, "raum_total": 3485002438.0, "raum_discretionary": 3485002438.0, "raum_non_discretionary": 0.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 15, "advisory_employees": 7, "client_count_bucket": "fewer_than_5_in_some_types", "clients_by_type": { "charitable": { "raum": 684654648.0, "count": 8 }, "state_municipal": { "raum": 590502885.0, "count": null, "fewer_than_5": true }, "pension_profit_sharing": { "raum": 838944326.0, "count": null, "fewer_than_5": true }, "high_net_worth_individuals": { "raum": 46675470.0, "count": null, "fewer_than_5": true }, "pooled_investment_vehicles": { "raum": 1324225109.0, "count": 5 } }, "compensation_types": [ "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_businesses_institutional", "portfolio_management_individuals", "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "DE", "VA" ], "websites": [ "https://1607capital.com", "https://linkedin.com/company/1607-capital-partners-llc" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/144758", "city_as_filed": "RICHMOND", "url": "https://advisorcensus.com/firm/1607-capital-partners-llc-richmond-va-144758", "display_name": "1607 Capital Partners, LLC", "summary": "1607 Capital Partners, LLC is an SEC-registered investment advisory firm in Richmond, VA, registered since 2007, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 17, 2026.", "citation": "AdvisorCensus. 1607 Capital Partners, LLC (CRD 144758): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Performance-based fees" ], "advisory_activity_labels": [ "Portfolio management for individuals and/or small businesses", "Portfolio management for pooled investment vehicles (other than investment companies)", "Portfolio management for businesses (other than small businesses) or institutional clients" ], "quick_answers": [ { "q": "How is 1607 Capital Partners, LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), 1607 Capital Partners, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure." }, { "q": "Where is 1607 Capital Partners, LLC located?", "a": "1607 Capital Partners, LLC's principal office is in Richmond, VA, according to its Form ADV." }, { "q": "Is 1607 Capital Partners, LLC registered with the SEC or a state?", "a": "1607 Capital Partners, LLC is an SEC-registered investment advisory firm, registered since 2007. Status as filed: Approved. CRD 144758." }, { "q": "How much does 1607 Capital Partners, LLC manage?", "a": "1607 Capital Partners, LLC reports $3,485,002,438 in regulatory assets under management in its Form ADV filing dated March 17, 2026 (100% discretionary)." }, { "q": "How have 1607 Capital Partners, LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for 1607 Capital Partners, LLC: Regulatory assets under management: $4,728,006,331 in the October 2021 data and $3,485,002,438 in the October 2026 data, down 26%. Total employees: 15 in October 2021 and 15 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does 1607 Capital Partners, LLC serve?", "a": "By number of clients on Form ADV Item 5.D: charitable organizations (8); pooled investment vehicles (other than investment companies and business development companies) (5)." }, { "q": "Which custodians does 1607 Capital Partners, LLC use?", "a": "1607 Capital Partners, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists State Street Bank and Trust Company, The Bank of NY Mellon and The Northern Trust Company as custodians holding 10% or more of its separately managed account assets." }, { "q": "Does 1607 Capital Partners, 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/144758" }, { "q": "What changed in 1607 Capital Partners, LLC's recent Form ADV filings?", "a": "In the April 2026 filing data: Employees performing advisory functions went from 8 to 7." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 4728006331.0, "total_employees": 15, "filing_date": "2021-03-29" }, { "period": "2022-10-01", "regulatory_assets_under_management": 4622047188.0, "total_employees": 15, "filing_date": "2022-03-31" }, { "period": "2023-10-01", "regulatory_assets_under_management": 3903035396.0, "total_employees": 17, "filing_date": "2023-02-17" }, { "period": "2024-10-01", "regulatory_assets_under_management": 4347576784.0, "total_employees": 18, "filing_date": "2024-02-22" }, { "period": "2025-10-01", "regulatory_assets_under_management": 3841850195.0, "total_employees": 16, "filing_date": "2025-03-06" }, { "period": "2026-10-01", "regulatory_assets_under_management": 3485002438.0, "total_employees": 15, "filing_date": "2026-03-17" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 8 to 7." ] } ], "fees_from_brochure": null, "custodians": [ { "name": "State Street Bank and Trust Company", "name_as_filed": "STATE STREET BANK AND TRUST COMPANY", "affiliated": false }, { "name": "The Bank of NY Mellon", "name_as_filed": "THE BANK OF NY MELLON", "affiliated": false }, { "name": "The Northern Trust Company", "name_as_filed": "THE NORTHERN TRUST COMPANY", "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/1607-capital-partners-llc-richmond-va-144758.md", "clients": [ { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": null, "fewer_than_5": true, "raum": 46675470.0 }, { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 5, "fewer_than_5": false, "raum": 1324225109.0 }, { "type": "pension_profit_sharing", "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)", "count": null, "fewer_than_5": true, "raum": 838944326.0 }, { "type": "charitable", "label": "Charitable organizations", "count": 8, "fewer_than_5": false, "raum": 684654648.0 }, { "type": "state_municipal", "label": "State or municipal government entities (including government pension plans)", "count": null, "fewer_than_5": true, "raum": 590502885.0 } ], "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/144758", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }