# Aubrey Capital Management

> Aubrey Capital Management is an SEC-registered investment advisory firm in Edinburgh, Mid Lothian, United Kingdom, registered since 2017, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated August 7, 2026.

- CRD: 285802
- Filed as: AUBREY CAPITAL MANAGEMENT
- Legal name: Aubrey Capital Management Limited
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Edinburgh, Mid Lothian, United Kingdom
- Filing period: October 2026
- Form ADV filing dated: August 7, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/285802
- AdvisorCensus page: https://advisorcensus.com/firm/aubrey-capital-management-edinburgh-mid-lothian-285802

## Quick answers

**How is Aubrey Capital Management compensated?**
On its Form ADV (Item 5.E, October 2026), Aubrey Capital Management reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**Where is Aubrey Capital Management located?**
Aubrey Capital Management's principal office is in Edinburgh, Mid Lothian, United Kingdom, according to its Form ADV; the September 2026 filing also lists 2 other offices (Schedule D, Section 1.F).

**Is Aubrey Capital Management registered with the SEC or a state?**
Aubrey Capital Management is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 285802.

**How much does Aubrey Capital Management manage?**
Aubrey Capital Management reports $1,151,975,088 in regulatory assets under management in its Form ADV filing dated August 7, 2026 (100% discretionary).

**How have Aubrey Capital Management's assets and staff changed since 2021?**
In the Form ADV data for Aubrey Capital Management: Regulatory assets under management: $1,270,600,183 in the October 2021 data and $1,151,975,088 in the October 2026 data, down 9%. Total employees: 29 in October 2021 and 26 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Aubrey Capital Management serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (193); pooled investment vehicles (other than investment companies and business development companies) (8); pension and profit sharing plans (but not the plan participants or government pension plans) (7).

**Which custodians does Aubrey Capital Management use?**
Aubrey Capital Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Pershing Securities and State Street as custodians holding 10% or more of its separately managed account assets.

**Does Aubrey 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/285802

**Does Aubrey Capital Management state an account minimum?**
Its Form ADV Part 2A brochure dated August 7, 2026 says: "There is no specific minimum account size for a client."

**What changed in Aubrey Capital Management's recent Form ADV filings?**
In the March 2026 filing data: Regulatory assets under management went from $963,555,881 to $1,151,975,088 (+20%). Employees performing advisory functions went from 11 to 9. Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated August 7, 2026)

- Account minimum: None

> There is no specific minimum account size for a client.

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

### Custodians (Schedule D, Section 5.K(3))
- Pershing Securities
- State Street

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: $1,151,975,088
- Discretionary: $1,151,975,088
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| High net worth individuals | 193 | $225,356,011 |
| Pooled investment vehicles (other than investment companies and business development companies) | 8 | $649,288,779 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 7 | $277,330,298 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2017 (9 years)
- Employees: 26 total, 9 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.

### Other offices (Schedule D, Section 1.F), as of the September 2026 filing
- London
- New York, NY

### Websites listed on Form ADV (Item 1.I)
- aubreycm.co.uk
- Facebook @AUBREYCAPITALMANAGEMENT
- LinkedIn @AUBREY-CAPITAL-MANAGEMENT-LTD-
- X @AUBREYCAPITAL

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,270,600,183 | 29 | January 27, 2021 |
| October 2022 | $1,604,126,063 | 30 | March 18, 2022 |
| October 2023 | $1,011,830,095 | 34 | January 31, 2023 |
| October 2024 | $841,570,067 | 31 | January 29, 2024 |
| October 2025 | $963,555,881 | 29 | June 18, 2025 |
| October 2026 | $1,151,975,088 | 26 | August 7, 2026 |

Regulatory assets under management: $1,270,600,183 in the October 2021 data and $1,151,975,088 in the October 2026 data, down 9%.
Total employees: 29 in October 2021 and 26 in October 2026.

## Changes in the filing (last 12 months)

### March 2026
- Regulatory assets under management went from $963,555,881 to $1,151,975,088 (+20%).
- Employees performing advisory functions went from 11 to 9.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Aubrey Capital Management (CRD 285802): Form ADV filing data as of October 2026.