{
  "crd_number": 289749,
  "slug": "brazos-capital-austin-tx-289749",
  "primary_business_name": "BRAZOS CAPITAL",
  "legal_name": "BRAZOS CAPITAL, LLC",
  "dbas": [],
  "city": "Austin",
  "state": "TX",
  "country": "United States",
  "cbsa_code": "12420",
  "metro": {
    "cbsa_code": "12420",
    "common_name": "Austin",
    "msa_name": "Austin-Round Rock-San Marcos, TX",
    "path": "/advisors/tx/austin"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2017-09-12",
  "years_registered": 9,
  "period": "2026-10-01",
  "filing_date": "2026-03-25",
  "carried_forward": false,
  "raum_total": 102528960.0,
  "raum_discretionary": 102528960.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 3,
  "advisory_employees": 2,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 2651881.0,
      "count": 4
    },
    "high_net_worth_individuals": {
      "raum": 99877079.0,
      "count": 28
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "other",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "TX"
  ],
  "websites": [
    "https://brazoscapitalgroup.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/289749",
  "city_as_filed": "AUSTIN",
  "url": "https://advisorcensus.com/firm/brazos-capital-austin-tx-289749",
  "display_name": "Brazos Capital",
  "summary": "Brazos Capital is an SEC-registered investment advisory firm in Austin, TX, registered since 2017, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 25, 2026.",
  "citation": "AdvisorCensus. Brazos Capital (CRD 289749): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Selection of other advisers (including private fund managers)",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Brazos Capital compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Brazos Capital reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Brazos Capital charge?",
      "a": "Its Form ADV Part 2A brochure dated March 25, 2026 states: Asset-based fee: 0.75% to 2% a year (a range, as the brochure states it); Flat fee: $5,000 to $20,000 (asset allocation, financial planning, and financial consulting services); Hourly rate: $300 an hour (asset allocation, financial planning, and financial consulting services); Flat fee: $20,000 to $100,000 (Family Office and Wealth Planning Services). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Brazos Capital located?",
      "a": "Brazos Capital's principal office is in Austin, TX, according to its Form ADV."
    },
    {
      "q": "Is Brazos Capital registered with the SEC or a state?",
      "a": "Brazos Capital is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 289749."
    },
    {
      "q": "How much does Brazos Capital manage?",
      "a": "Brazos Capital reports $102,528,960 in regulatory assets under management in its Form ADV filing dated March 25, 2026 (100% discretionary)."
    },
    {
      "q": "How have Brazos Capital's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Brazos Capital: Regulatory assets under management: $113,462,403 in the October 2021 data and $102,528,960 in the October 2026 data, down 10%. Total employees: 2 in October 2021 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Brazos Capital serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (28); individuals (other than high net worth individuals) (4)."
    },
    {
      "q": "Which custodians does Brazos Capital use?",
      "a": "Brazos Capital'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."
    },
    {
      "q": "Does Brazos Capital report any disciplinary disclosures?",
      "a": "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/289749"
    },
    {
      "q": "Does Brazos Capital state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 25, 2026 says: \"In general, we require a minimum of $1,000,000 to open and maintain an advisory account. At our discretion, we may waive this minimum account size.\""
    },
    {
      "q": "What changed in Brazos Capital's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $90,506,283 to $102,528,960 (+13%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 113462403.0,
      "total_employees": 2,
      "filing_date": "2021-09-02"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 128632610.0,
      "total_employees": 4,
      "filing_date": "2022-03-30"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 116821782.0,
      "total_employees": 4,
      "filing_date": "2023-03-31"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 126166685.0,
      "total_employees": 3,
      "filing_date": "2024-03-27"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 90506283.0,
      "total_employees": 3,
      "filing_date": "2025-03-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 102528960.0,
      "total_employees": 3,
      "filing_date": "2026-03-25"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $90,506,283 to $102,528,960 (+13%)."
      ]
    },
    {
      "period": "2025-11-01",
      "period_label": "November 2025",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 25, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": "0.75% to 2% a year",
    "stated_maximum": null,
    "account_minimum": "$1,000,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Flat fee: $5,000 to $20,000 (asset allocation, financial planning, and financial consulting services)",
      "Hourly rate: $300 an hour (asset allocation, financial planning, and financial consulting services)",
      "Flat fee: $20,000 to $100,000 (Family Office and Wealth Planning Services)"
    ],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 0.75% to 2% a year (a range, as the brochure states it)"
        ],
        "quotes": [
          "Our annual fee for portfolio management services varies between 0.75% to 2.00% depending upon the market value of your assets under our management, the type and complexity of the asset management services provided, as well as the level of administration requested either directly or assumed by the client."
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "In general, we require a minimum of $1,000,000 to open and maintain an advisory account. At our discretion, we may waive this minimum account size."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $5,000 to $20,000 (asset allocation, financial planning, and financial consulting services)"
        ],
        "quotes": [
          "we may agree to charge you a fixed fee for asset allocation, financial planning, and financial consulting services, which generally ranges between $5,000-$20,000."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $300 an hour (asset allocation, financial planning, and financial consulting services)"
        ],
        "quotes": [
          "We may also, on occasion, agree to an hourly fee rather than a fixed fee. In such case our fee will be $300 per hour."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $20,000 to $100,000 (Family Office and Wealth Planning Services)"
        ],
        "quotes": [
          "we may agree to charge you either a fixed fee or an hourly fee for Family Office and Wealth Planning Services. ... Our hourly fee is $300. Fixed fees may range from $20,000 to $100,000."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": [
        0.75,
        2.0
      ],
      "max_pct": null,
      "account_minimum": 1000000.0,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "flat",
          "amount": null,
          "min": 5000.0,
          "max": 20000.0,
          "period": "one_time",
          "service": "asset allocation, financial planning, and financial consulting services"
        },
        {
          "kind": "hourly",
          "amount": 300.0,
          "min": null,
          "max": null,
          "period": "hour",
          "service": "asset allocation, financial planning, and financial consulting services"
        },
        {
          "kind": "flat",
          "amount": null,
          "min": 20000.0,
          "max": 100000.0,
          "period": "one_time",
          "service": "Family Office and Wealth Planning Services"
        }
      ]
    },
    "quotes": [
      "Our annual fee for portfolio management services varies between 0.75% to 2.00% depending upon the market value of your assets under our management, the type and complexity of the asset management services provided, as well as the level of administration requested either directly or assumed by the client.",
      "In general, we require a minimum of $1,000,000 to open and maintain an advisory account. At our discretion, we may waive this minimum account size.",
      "we may agree to charge you a fixed fee for asset allocation, financial planning, and financial consulting services, which generally ranges between $5,000-$20,000.",
      "We may also, on occasion, agree to an hourly fee rather than a fixed fee. In such case our fee will be $300 per hour.",
      "we may agree to charge you either a fixed fee or an hourly fee for Family Office and Wealth Planning Services. ... Our hourly fee is $300. Fixed fees may range from $20,000 to $100,000."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/brazos-capital-austin-tx-289749.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 4,
      "fewer_than_5": false,
      "raum": 2651881.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 28,
      "fewer_than_5": false,
      "raum": 99877079.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/289749",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}