{
  "crd_number": 311748,
  "slug": "ac-funds-llc-ridgewood-nj-311748",
  "primary_business_name": "AC FUNDS, LLC",
  "legal_name": "AC FUNDS, LLC",
  "dbas": [],
  "city": "Ridgewood",
  "state": "NJ",
  "country": "United States",
  "cbsa_code": "35620",
  "metro": {
    "cbsa_code": "35620",
    "common_name": "New York",
    "msa_name": "New York-Newark-Jersey City, NY-NJ",
    "path": "/advisors/ny/new-york"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2020-12-16",
  "years_registered": 5,
  "period": "2026-10-01",
  "filing_date": "2026-03-25",
  "carried_forward": false,
  "raum_total": 1030860762.0,
  "raum_discretionary": 1030860762.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 2,
  "advisory_employees": 1,
  "client_count_bucket": null,
  "clients_by_type": {
    "investment_companies": {
      "raum": 1030860762.0,
      "count": 6
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_investment_companies"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [],
  "websites": [
    "https://advisorscapfunds.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/311748",
  "city_as_filed": "RIDGEWOOD",
  "url": "https://advisorcensus.com/firm/ac-funds-llc-ridgewood-nj-311748",
  "display_name": "AC Funds, LLC",
  "summary": "AC Funds, LLC is an SEC-registered investment advisory firm in Ridgewood, NJ, registered since 2020, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 25, 2026.",
  "citation": "AdvisorCensus. AC Funds, LLC (CRD 311748): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for investment companies (and business development companies)"
  ],
  "quick_answers": [
    {
      "q": "How is AC Funds, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), AC Funds, LLC reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "Where is AC Funds, LLC located?",
      "a": "AC Funds, LLC's principal office is in Ridgewood, NJ, according to its Form ADV."
    },
    {
      "q": "Is AC Funds, LLC registered with the SEC or a state?",
      "a": "AC Funds, LLC is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 311748."
    },
    {
      "q": "How much does AC Funds, LLC manage?",
      "a": "AC Funds, LLC reports $1,030,860,762 in regulatory assets under management in its Form ADV filing dated March 25, 2026 (100% discretionary)."
    },
    {
      "q": "How have AC Funds, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for AC Funds, LLC: Regulatory assets under management: $0 in the October 2021 data and $1,030,860,762 in the October 2026 data. Total employees: 2 in October 2021 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does AC Funds, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: investment companies (6)."
    },
    {
      "q": "Does AC Funds, 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/311748"
    },
    {
      "q": "What changed in AC Funds, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $578,622,710 to $1,030,860,762 (+78%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 0.0,
      "total_employees": 2,
      "filing_date": "2021-03-04"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 81172096.0,
      "total_employees": 2,
      "filing_date": "2022-03-11"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 200231583.0,
      "total_employees": 2,
      "filing_date": "2023-03-30"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 343478645.0,
      "total_employees": 2,
      "filing_date": "2024-03-28"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 578622710.0,
      "total_employees": 2,
      "filing_date": "2025-05-05"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 1030860762.0,
      "total_employees": 2,
      "filing_date": "2026-03-25"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $578,622,710 to $1,030,860,762 (+78%)."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/ac-funds-llc-ridgewood-nj-311748.md",
  "clients": [
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 6,
      "fewer_than_5": false,
      "raum": 1030860762.0
    }
  ],
  "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/311748",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}