# Armory Capital Management, LLC

> Armory Capital Management, LLC is an SEC-registered investment advisory firm in Syracuse, NY, registered since 2009, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 6, 2026.

- CRD: 149008
- Filed as: ARMORY CAPITAL MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Syracuse, NY
- Filing period: October 2026
- Form ADV filing dated: March 6, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/149008
- AdvisorCensus page: https://advisorcensus.com/firm/armory-capital-management-llc-syracuse-ny-149008

## Quick answers

**How is Armory Capital Management, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Armory Capital Management, LLC reports these compensation arrangements: a percentage of assets under its management.

**Where is Armory Capital Management, LLC located?**
Armory Capital Management, LLC's principal office is in Syracuse, NY, according to its Form ADV.

**Is Armory Capital Management, LLC registered with the SEC or a state?**
Armory Capital Management, LLC is an SEC-registered investment advisory firm, registered since 2009. Status as filed: Approved. CRD 149008.

**How much does Armory Capital Management, LLC manage?**
Armory Capital Management, LLC reports $167,132,882 in regulatory assets under management in its Form ADV filing dated March 6, 2026 (86% discretionary).

**How have Armory Capital Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for Armory Capital Management, LLC: Regulatory assets under management: $100,874,524 in the October 2021 data and $167,132,882 in the October 2026 data, up 66%. 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.

**What types of clients does Armory Capital Management, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (64); high net worth individuals (31).

**Which custodians does Armory Capital Management, LLC use?**
Armory Capital Management, LLC'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 Armory Capital Management, 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/149008

**Does Armory Capital Management, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 6, 2026 says: "ACM does not impose a minimum account size."

**What changed in Armory Capital Management, LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $144,255,565 to $167,132,882 (+16%).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 6, 2026)

- Account minimum: None

> ACM does not impose a minimum account size.

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.

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: $167,132,882
- Discretionary: $143,756,318
- Non-discretionary: $23,376,564

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 64 | $42,269,281 |
| High net worth individuals | 31 | $124,863,601 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services

### Firm details
- Registered since: 2009 (17 years)
- Employees: 2 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- armorycm.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $100,874,524 | 2 | March 30, 2021 |
| October 2022 | $119,130,555 | 2 | March 22, 2022 |
| October 2023 | $113,576,583 | 2 | March 23, 2023 |
| October 2024 | $119,308,091 | 2 | March 27, 2024 |
| October 2025 | $144,255,565 | 2 | March 26, 2025 |
| October 2026 | $167,132,882 | 2 | March 6, 2026 |

Regulatory assets under management: $100,874,524 in the October 2021 data and $167,132,882 in the October 2026 data, up 66%.
Total employees: 2 in October 2021 and 2 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $144,255,565 to $167,132,882 (+16%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Armory Capital Management, LLC (CRD 149008): Form ADV filing data as of October 2026.