# Acorn Capital Management

> Acorn Capital Management is an SEC-registered investment advisory firm in Oklahoma City, OK, registered since 2017, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated May 21, 2026.

- CRD: 164499
- Filed as: ACORN CAPITAL MANAGEMENT
- Legal name: Acorn Growth Companies, LC
- Also doing business as: ACORN PRIVATE INVESTMENTS
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Oklahoma City, OK
- Filing period: October 2026
- Form ADV filing dated: May 21, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/164499
- AdvisorCensus page: https://advisorcensus.com/firm/acorn-capital-management-oklahoma-city-ok-164499

## Quick answers

**How is Acorn Capital Management compensated?**
On its Form ADV (Item 5.E, October 2026), Acorn Capital Management reports these compensation arrangements: a percentage of assets under its management; performance-based fees; other. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Acorn Capital Management located?**
Acorn Capital Management's principal office is in Oklahoma City, OK, according to its Form ADV; the June 2026 filing also lists 2 other offices (Schedule D, Section 1.F).

**Is Acorn Capital Management registered with the SEC or a state?**
Acorn Capital Management is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 164499.

**How much does Acorn Capital Management manage?**
Acorn Capital Management reports $893,183,647 in regulatory assets under management in its Form ADV filing dated May 21, 2026 (100% discretionary).

**How have Acorn Capital Management's assets and staff changed since 2021?**
In the Form ADV data for Acorn Capital Management: Regulatory assets under management: $628,844,857 in the October 2021 data and $893,183,647 in the October 2026 data, up 42%. Total employees: 15 in October 2021 and 21 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Acorn Capital Management serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (10).

**Does Acorn Capital Management report any disciplinary disclosures?**
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/164499

**What changed in Acorn Capital Management's recent Form ADV filings?**
In the April 2026 filing data: No longer lists the business name Acorn Growth Companies, LLC. Added the business name Acorn Private Investments. Employees performing advisory functions went from 12 to 13. Regulatory assets under management went from $655,060,033 to $893,183,647 (+36%). Changed its office addresses in Washington, DC. Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees
- Other

### Regulatory assets under management (Item 5.F)
- Total: $893,183,647
- Discretionary: $893,183,647
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 10 | $893,183,647 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2017 (9 years)
- Employees: 21 total, 13 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: DC, OK
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the June 2026 filing
- Washington, DC
- Watford

### Websites listed on Form ADV (Item 1.I)
- [acorncapitalmanagement.com](https://acorncapitalmanagement.com)
- Facebook @AcornCapitalManagement
- LinkedIn @acorncm
- X @AcornCapMgt

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $628,844,857 | 15 | March 31, 2021 |
| October 2022 | $335,588,620 | 14 | May 24, 2022 |
| October 2023 | $496,782,115 | 12 | July 6, 2023 |
| October 2024 | $574,127,168 | 16 | August 1, 2024 |
| October 2025 | $655,060,033 | 17 | May 7, 2025 |
| October 2026 | $893,183,647 | 21 | May 21, 2026 |

Regulatory assets under management: $628,844,857 in the October 2021 data and $893,183,647 in the October 2026 data, up 42%.
Total employees: 15 in October 2021 and 21 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- No longer lists the business name Acorn Growth Companies, LLC.
- Added the business name Acorn Private Investments.
- Employees performing advisory functions went from 12 to 13.
- Regulatory assets under management went from $655,060,033 to $893,183,647 (+36%).
- Changed its office addresses in Washington, DC.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Acorn Capital Management (CRD 164499): Form ADV filing data as of October 2026.