# Breach Inlet Capital Management, LLC

> Breach Inlet Capital Management, LLC is an SEC-registered investment advisory firm in Mt. Pleasant, SC, registered since 2024, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 282056
- Filed as: BREACH INLET CAPITAL MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Mt. Pleasant, SC
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/282056
- AdvisorCensus page: https://advisorcensus.com/firm/breach-inlet-capital-management-llc-mt-pleasant-sc-282056

## Quick answers

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

**How much does Breach Inlet Capital Management, LLC charge?**
Its Form ADV Part 2A brochure dated March 30, 2026 states: Asset-based fee: 1% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Breach Inlet Capital Management, LLC located?**
Breach Inlet Capital Management, LLC's principal office is in Mt. Pleasant, SC, according to its Form ADV.

**Is Breach Inlet Capital Management, LLC registered with the SEC or a state?**
Breach Inlet Capital Management, LLC is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 282056.

**How much does Breach Inlet Capital Management, LLC manage?**
Breach Inlet Capital Management, LLC reports $227,650,975 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary).

**How have Breach Inlet Capital Management, LLC's assets and staff changed since 2024?**
In the Form ADV data for Breach Inlet Capital Management, LLC: Regulatory assets under management: $135,910,340 in the October 2024 data and $227,650,975 in the October 2026 data, up 68%. Total employees: 3 in October 2024 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Breach Inlet Capital Management, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (1).

**Does Breach Inlet Capital Management, LLC 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/282056

**What changed in Breach Inlet Capital Management, LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $153,638,879 to $227,650,975 (+48%).

## 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 March 30, 2026)

- Asset-based fee: 1% of assets a year

> For its services to the Partnership, BICM is entitled to a management fee (the “Management Fee”) at an annual rate of 1.00% of each limited partner’s capital account balance.

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

### Regulatory assets under management (Item 5.F)
- Total: $227,650,975
- Discretionary: $227,650,975
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $227,650,975 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2024 (2 years)
- Employees: 4 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: SC, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [breachinletcap.com](https://breachinletcap.com)
- LinkedIn @breach-inlet-capital
- X @BreachInletCap

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2024 | $135,910,340 | 3 | September 17, 2024 |
| October 2025 | $153,638,879 | 4 | March 31, 2025 |
| October 2026 | $227,650,975 | 4 | March 30, 2026 |

Regulatory assets under management: $135,910,340 in the October 2024 data and $227,650,975 in the October 2026 data, up 68%.
Total employees: 3 in October 2024 and 4 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $153,638,879 to $227,650,975 (+48%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Breach Inlet Capital Management, LLC (CRD 282056): Form ADV filing data as of October 2026.