# Aptus Capital Advisors, LLC

> Aptus Capital Advisors, LLC is an SEC-registered investment advisory firm in Fairhope, AL, registered since 2016, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated September 24, 2026.

- CRD: 167626
- Filed as: APTUS CAPITAL ADVISORS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Fairhope, AL
- Filing period: October 2026
- Form ADV filing dated: September 24, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/167626
- AdvisorCensus page: https://advisorcensus.com/firm/aptus-capital-advisors-llc-fairhope-al-167626

## Quick answers

**How is Aptus Capital Advisors, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Aptus Capital Advisors, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).

**How much does Aptus Capital Advisors, LLC charge?**
Its Form ADV Part 2A brochure dated July 22, 2026 states: Flat fee: $100,000 (sub-advisory services). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Aptus Capital Advisors, LLC located?**
Aptus Capital Advisors, LLC's principal office is in Fairhope, AL, according to its Form ADV; the October 2026 filing also lists 5 other offices (Schedule D, Section 1.F).

**Is Aptus Capital Advisors, LLC registered with the SEC or a state?**
Aptus Capital Advisors, LLC is an SEC-registered investment advisory firm, registered since 2016. Status as filed: Approved. CRD 167626.

**How much does Aptus Capital Advisors, LLC manage?**
Aptus Capital Advisors, LLC reports $14,141,557,319 in regulatory assets under management in its Form ADV filing dated September 24, 2026 (90% discretionary).

**How have Aptus Capital Advisors, LLC's assets and staff changed since 2021?**
In the Form ADV data for Aptus Capital Advisors, LLC: Regulatory assets under management: $2,494,262,354 in the October 2021 data and $14,141,557,319 in the October 2026 data, up 467%. Total employees: 22 in October 2021 and 40 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Aptus Capital Advisors, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (10,335); high net worth individuals (2,358); investment companies (14).

**Which custodians does Aptus Capital Advisors, LLC use?**
Aptus Capital Advisors, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Fidelity Brokerage Services LLC as custodians holding 10% or more of its separately managed account assets.

**Does Aptus Capital Advisors, LLC 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/167626

**What changed in Aptus Capital Advisors, LLC's recent Form ADV filings?**
In the October 2026 filing data: Changed its office addresses in Birmingham, AL.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated July 22, 2026)

- Flat fee: $100,000 (sub-advisory services)

> ACA initiates consulting fees at a flat rate of $ 100,000 which is determined by the complexity of the services requested.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

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

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: $14,141,557,319
- Discretionary: $12,760,430,801
- Non-discretionary: $1,381,126,518

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 10,335 | $2,958,878,162 |
| High net worth individuals | 2,358 | $7,755,714,893 |
| Investment companies | 14 | $3,426,964,264 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies (and business development companies)
- Other

### Firm details
- Registered since: 2016 (10 years)
- Employees: 40 total, 26 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, NC, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the October 2026 filing
- Birmingham, AL
- Homewood, AL
- Naperville, IL
- Naples, FL
- St. Petersburg, FL

### Websites listed on Form ADV (Item 1.I)
- [aptuscapitaladvisors.com](https://aptuscapitaladvisors.com)
- [aptusetfs.com](https://aptusetfs.com)
- [impact-series.com](https://impact-series.com)
- [mscmfunds.com/msmr-etf](https://mscmfunds.com/msmr-etf)
- LinkedIn @aptus-capital-advisors
- X @DrawdownPatrol

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $2,494,262,354 | 22 | September 3, 2021 |
| October 2022 | $3,969,482,730 | 25 | May 19, 2022 |
| October 2023 | $4,249,213,318 | 21 | June 30, 2023 |
| October 2024 | $5,285,077,689 | 24 | March 27, 2024 |
| October 2025 | $9,856,216,354 | 36 | July 14, 2025 |
| October 2026 | $14,141,557,319 | 40 | September 24, 2026 |

Regulatory assets under management: $2,494,262,354 in the October 2021 data and $14,141,557,319 in the October 2026 data, up 467%.
Total employees: 22 in October 2021 and 40 in October 2026.

## Changes in the filing (last 12 months)

### October 2026
- Changed its office addresses in Birmingham, AL.

### April 2026
- Employees performing advisory functions went from 19 to 26.
- Regulatory assets under management went from $9,856,216,354 to $14,141,557,319 (+43%).
- Added an office in Birmingham, AL.
- Added an office in Naperville, IL.
- Added an office in Naples, FL.
- Added an office in St. Petersburg, FL.
- No longer lists an office in Fairhope, AL.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Aptus Capital Advisors, LLC (CRD 167626): Form ADV filing data as of October 2026.