# Braintrust Capital, LLC

> Braintrust Capital, LLC is a state-registered investment advisory firm in San Antonio, TX, registered since 2022, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated March 19, 2026.

- CRD: 319510
- Filed as: BRAINTRUST CAPITAL, LLC
- Registration: State-registered investment adviser (status as filed: APPROVED)
- Location: San Antonio, TX
- Filing period: October 2026
- Form ADV filing dated: March 19, 2026
- Public record (IAPD): https://adviserinfo.sec.gov/firm/summary/319510
- AdvisorCensus page: https://advisorcensus.com/firm/braintrust-capital-llc-san-antonio-tx-319510

## Quick answers

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

**Where is Braintrust Capital, LLC located?**
Braintrust Capital, LLC's principal office is in San Antonio, TX, according to its Form ADV.

**Is Braintrust Capital, LLC registered with the SEC or a state?**
Braintrust Capital, LLC is a state-registered investment advisory firm, registered since 2022. Status as filed: APPROVED. CRD 319510.

**How much does Braintrust Capital, LLC manage?**
Braintrust Capital, LLC reports $95,000,000 in regulatory assets under management in its Form ADV filing dated March 19, 2026 (47% discretionary).

**How have Braintrust Capital, LLC's assets and staff changed since 2022?**
In the Form ADV data for Braintrust Capital, LLC: Regulatory assets under management: $22,146,994 in the October 2022 data and $95,000,000 in the October 2026 data, up 329%. Total employees: 1 in October 2022 and 1 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Braintrust Capital, LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (41); individuals (other than high net worth individuals) (24).

**Does Braintrust Capital, LLC 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/319510

## 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: $95,000,000
- Discretionary: $45,000,000
- Non-discretionary: $50,000,000

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 24 | $16,000,000 |
| High net worth individuals | 41 | $79,000,000 |

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

### Firm details
- Registered since: 2022 (3 years)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- braintrustcapital.com
- LinkedIn @braintrust-capital-llc
- LinkedIn @roger-graham-jd-cima®-cepa®-b87b531a

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | $22,146,994 | 1 | September 29, 2022 |
| October 2026 | $95,000,000 | 1 | March 19, 2026 |

Regulatory assets under management: $22,146,994 in the October 2022 data and $95,000,000 in the October 2026 data, up 329%.
Total employees: 1 in October 2022 and 1 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Braintrust Capital, LLC (CRD 319510): Form ADV filing data as of October 2026.