AdvisorCensus / Financial advisors / New York / New York / Advantage Capital Management
Advantage Capital Management
Filed as ADVANTAGE CAPITAL MANAGEMENT · Legal name Advantage Capital Management LLC
Advantage Capital Management is an SEC-registered investment advisory firm in New York, NY, registered since 2014, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated September 22, 2026.
Quick answers
From the filingHow is Advantage Capital Management compensated?
On its Form ADV (Item 5.E, October 2026), Advantage Capital Management reports these compensation arrangements: a percentage of assets under its management; performance-based fees.
What does Advantage Capital Management's brochure say about its fees?
Its Form ADV Part 2A brochure dated April 30, 2026 states: Asset-based fee: 0.15% to 1% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Advantage Capital Management located?
Advantage Capital Management's principal office is in New York, NY, according to its Form ADV; the August 2025 filing also lists 1 other office (Schedule D, Section 1.F).
Is Advantage Capital Management registered with the SEC or a state?
Advantage Capital Management is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 171128.
How much does Advantage Capital Management manage?
Advantage Capital Management reports $8,260,036,906 in regulatory assets under management in its Form ADV filing dated September 22, 2026 (98% discretionary).
How have Advantage Capital Management's assets and staff changed since 2021?
In the Form ADV data for Advantage Capital Management: Regulatory assets under management: $4,000,000,000 in the October 2021 data and $8,260,036,906 in the October 2026 data, up 107%. Total employees: 16 in October 2021 and 30 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Advantage Capital Management serve?
By number of clients on Form ADV Item 5.D: insurance companies (8); pooled investment vehicles (other than investment companies and business development companies) (5).
Which custodians does Advantage Capital Management use?
Advantage Capital Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists State Street Global Markets, LLC as a custodian holding 10% or more of its separately managed account assets.
Does Advantage 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/171128
Does Advantage Capital Management state an account minimum?
Its Form ADV Part 2A brochure dated April 30, 2026 says: "Regardless of client type, Advantage may seek a minimum dollar fee or a minimum mandate size in an amount typically equal to $10,000,000."
What changed in Advantage Capital Management's recent Form ADV filings?
In the June 2026 filing data: Registered or notice-filed in FL.
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Performance-based fees
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AAsset-based fee: 0.15% to 1% a year (a range, as the brochure states it)
The brochure's wording
Generally, Base Fees range from 0.15% to 1.00% per year on the principal amount of the assets managed by Advantage, paid monthly in arrears.
Account minimum: $10,000,000
The brochure's wording
Regardless of client type, Advantage may seek a minimum dollar fee or a minimum mandate size in an amount typically equal to $10,000,000.
As stated in the firm's Form ADV Part 2A brochure dated April 30, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$8,260,036,906 as of October 2026, filing dated September 22, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Other
Registration and firm details
Items 1, 2, 5- Legal name
- Advantage Capital Management LLC
- Also doing business as
- ACM, ADVANTAGE CAPITAL MANAGEMENT
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2014 (12 years)
- Employees
- Total: 30. Performing investment advisory functions: 26.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
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.
- Other offices (Schedule D, Section 1.F)
-
1 other office, as of the August 2025 filing
- States registered or notice-filed
-
2 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $8,260,036,906 | 30 | September 22, 2026 |
| October 2025 | $9,301,440,152 | 26 | July 23, 2025 |
| October 2024 | $6,459,557,388 | 30 | March 27, 2024 |
| October 2023 | $5,302,383,033 | 20 | June 21, 2023 |
| October 2022 | $5,176,732,780 | 20 | March 31, 2022 |
| October 2021 | $4,000,000,000 | 16 | August 26, 2021 |
Regulatory assets under management: $4,000,000,000 in the October 2021 data and $8,260,036,906 in the October 2026 data, up 107%.
Total employees: 16 in October 2021 and 30 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- June 2026
- Registered or notice-filed in FL.
- April 2026
- Regulatory assets under management went from $9,301,440,152 to $8,260,036,906 (-11%).
- January 2026
- No longer registered or notice-filed in IL.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Advantage Capital Management (CRD 171128): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/advantage-capital-management-new-york-ny-171128