# Black Card Circle

> Black Card Circle is a state-registered investment advisory firm in Las Vegas, NV, registered since 2018, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated April 1, 2026.

- CRD: 290342
- Filed as: BLACK CARD CIRCLE
- Legal name: Black Card Circle, LLC
- Registration: State-registered investment adviser (status as filed: APPROVED)
- Location: Las Vegas, NV
- Filing period: October 2026
- Form ADV filing dated: April 1, 2026
- Public record (IAPD): https://adviserinfo.sec.gov/firm/summary/290342
- AdvisorCensus page: https://advisorcensus.com/firm/black-card-circle-las-vegas-nv-290342

## Quick answers

**How is Black Card Circle compensated?**
On its Form ADV (Item 5.E, October 2026), Black Card Circle reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees). The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Black Card Circle located?**
Black Card Circle's principal office is in Las Vegas, NV, according to its Form ADV.

**Is Black Card Circle registered with the SEC or a state?**
Black Card Circle is a state-registered investment advisory firm, registered since 2018. Status as filed: APPROVED. CRD 290342.

**How much does Black Card Circle manage?**
Black Card Circle reports $98,268,448 in regulatory assets under management in its Form ADV filing dated April 1, 2026 (0% discretionary).

**What types of clients does Black Card Circle serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (426); high net worth individuals (34); corporations or other businesses not listed above (4).

**Does Black Card Circle report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/290342

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $98,268,448
- Discretionary: $0
- Non-discretionary: $98,268,448

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 426 | $32,064,210 |
| High net worth individuals | 34 | $64,533,695 |
| 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) | 3 | $396,018 |
| Charitable organizations | 3 | $186,864 |
| 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 | 4 | $1,087,661 |
| Other | 0 | $0 |

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

### Firm details
- Registered since: 2018 (8 years)
- Employees: 7 total, 6 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, NV
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- blackcardcircleria.com
- Facebook @Bret.BlackCardCircle
- LinkedIn @black-card-circle
- LinkedIn @barry-craine
- LinkedIn @bret-ferrante-8151ba3
- LinkedIn @lotay
- LinkedIn @ryan-tape-7751a263

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Black Card Circle (CRD 290342): Form ADV filing data as of October 2026.