# Aspen Capital Management LLC

> Aspen Capital Management LLC is a state-registered investment advisory firm in Saint George, UT, registered since 2015, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated February 6, 2026.

- CRD: 226559
- Filed as: ASPEN CAPITAL MANAGEMENT LLC
- Registration: State-registered investment adviser (status as filed: APPROVED)
- Location: Saint George, UT
- Filing period: October 2026
- Form ADV filing dated: February 6, 2026
- Public record (IAPD): https://adviserinfo.sec.gov/firm/summary/226559
- AdvisorCensus page: https://advisorcensus.com/firm/aspen-capital-management-llc-saint-george-ut-226559

## Quick answers

**How is Aspen Capital Management LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Aspen Capital Management LLC reports these compensation arrangements: hourly charges; other.

**Where is Aspen Capital Management LLC located?**
Aspen Capital Management LLC's principal office is in Saint George, UT, according to its Form ADV.

**Is Aspen Capital Management LLC registered with the SEC or a state?**
Aspen Capital Management LLC is a state-registered investment advisory firm, registered since 2015. Status as filed: APPROVED. CRD 226559.

**How much does Aspen Capital Management LLC manage?**
Aspen Capital Management LLC reports $40,775,728 in regulatory assets under management in its Form ADV filing dated February 6, 2026 (0% discretionary).

**What types of clients does Aspen Capital Management LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (238); high net worth individuals (5).

**Does Aspen Capital Management LLC report any disciplinary disclosures?**
Reports 3 disclosure items on Form ADV Item 11: yes answers to 11.D(4) (another regulator's order in the past ten years), 11.G (pending regulatory proceeding), and 11.H(2) (pending civil proceeding). 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 public record on IAPD: https://adviserinfo.sec.gov/firm/summary/226559

## From the Form ADV filing

### Compensation (Item 5.E)
- Hourly charges
- Other

### Regulatory assets under management (Item 5.F)
- Total: $40,775,728
- Discretionary: $0
- Non-discretionary: $40,775,728

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 238 | $26,000,000 |
| High net worth individuals | 5 | $14,775,728 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| 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 | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Financial planning services
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2015 (11 years)
- Employees: 2 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: UT
- Disclosures (Item 11): Reports 3 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.D(4): In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.G: Is the firm or an advisory affiliate now the subject of a regulatory proceeding that could result in a yes answer to any part of 11.C, 11.D, or 11.E?
- 11.H(2): Is the firm or an advisory affiliate now the subject of a civil proceeding that could result in a yes answer to any part of 11.H(1)?

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 public record on IAPD: https://adviserinfo.sec.gov/firm/summary/226559

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

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Aspen Capital Management LLC (CRD 226559): Form ADV filing data as of October 2026.