# Ancorato

> Ancorato is an SEC-registered investment advisory firm in Boise, ID, registered since 2022, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated August 21, 2026.

- CRD: 322695
- Filed as: ANCORATO
- Legal name: Legacy Investment Solutions, LLC
- Also doing business as: ANCORATO CAPITAL
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Boise, ID
- Filing period: October 2026
- Form ADV filing dated: August 21, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/322695
- AdvisorCensus page: https://advisorcensus.com/firm/ancorato-boise-id-322695

## Quick answers

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

**Where is Ancorato located?**
Ancorato's principal office is in Boise, ID, according to its Form ADV.

**Is Ancorato registered with the SEC or a state?**
Ancorato is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 322695.

**How much does Ancorato manage?**
Ancorato reports $283,664,860 in regulatory assets under management in its Form ADV filing dated August 21, 2026 (98% discretionary).

**How have Ancorato's assets and staff changed since 2023?**
In the Form ADV data for Ancorato: Regulatory assets under management: $170,584,347 in the October 2024 data and $283,664,860 in the October 2026 data, up 66%. Total employees: 6 in October 2023 and 18 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Ancorato serve?**
By number of clients on Form ADV Item 5.D: other investment advisers (4); investment companies (1); corporations or other businesses not listed above (1).

**Which custodians does Ancorato use?**
Ancorato's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Ancorato report any disciplinary disclosures?**
Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.D(5) (another regulator's denial, suspension, or revocation of a registration or license, bar, or restriction). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/322695

**What changed in Ancorato's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $240,286,719 to $283,664,860 (+18%).

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

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.

### Regulatory assets under management (Item 5.F)
- Total: $283,664,860
- Discretionary: $277,124,860
- Non-discretionary: $6,540,000

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 1 | $6,540,000 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 4 | $277,124,860 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 1 | $0 |

### Advisory services (Item 5.G)
- Portfolio management for investment companies (and business development companies)
- Selection of other advisers (including private fund managers)
- Publication of periodicals or newsletters
- Educational seminars/workshops

### Firm details
- Registered since: 2022 (3 years)
- Employees: 18 total, 6 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: ID
- Disclosures (Item 11): Reports 1 disclosure item on Form ADV Item 11.

### Item 11 questions answered yes
- 11.D(5): Has another federal regulator, a state regulator, or a foreign financial regulator ever denied, suspended, or revoked the registration or license of the firm or an advisory affiliate, prevented either by order from associating with an investment-related business, or restricted either one's activity?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/322695

### Websites listed on Form ADV (Item 1.I)
- ancoratocapital.com
- legacy-is.com
- LinkedIn @ancorato-capital

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2023 | Not reported | 6 | March 29, 2023 |
| October 2024 | $170,584,347 | 15 | March 29, 2024 |
| October 2025 | $240,286,719 | 15 | March 31, 2025 |
| October 2026 | $283,664,860 | 18 | August 21, 2026 |

Regulatory assets under management: $170,584,347 in the October 2024 data and $283,664,860 in the October 2026 data, up 66%.
Total employees: 6 in October 2023 and 18 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $240,286,719 to $283,664,860 (+18%).

### January 2026
- No longer registered or notice-filed in AZ, CA, UT.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Ancorato (CRD 322695): Form ADV filing data as of October 2026.