# Bridges Capital LLC

> Bridges Capital LLC is an SEC-registered investment advisory firm in Fort Lauderdale, FL, registered since 2023, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated January 20, 2026.

- CRD: 297718
- Filed as: BRIDGES CAPITAL LLC
- Also doing business as: BDGS LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Fort Lauderdale, FL
- Filing period: October 2026
- Form ADV filing dated: January 20, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/297718
- AdvisorCensus page: https://advisorcensus.com/firm/bridges-capital-llc-fort-lauderdale-fl-297718

## Quick answers

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

**How much does Bridges Capital LLC charge?**
Its Form ADV Part 2A brochure dated January 20, 2026 states: Asset-based fee: 1.5% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Bridges Capital LLC located?**
Bridges Capital LLC's principal office is in Fort Lauderdale, FL, according to its Form ADV; the February 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Bridges Capital LLC registered with the SEC or a state?**
Bridges Capital LLC is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 297718.

**How much does Bridges Capital LLC manage?**
Bridges Capital LLC reports $251,632,877 in regulatory assets under management in its Form ADV filing dated January 20, 2026 (36% discretionary).

**How have Bridges Capital LLC's assets and staff changed since 2023?**
In the Form ADV data for Bridges Capital LLC: Regulatory assets under management: $40,621,611 in the October 2023 data and $251,632,877 in the October 2026 data, up 519%. Total employees: 2 in October 2023 and 1 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Bridges Capital LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (42); individuals (other than high net worth individuals) (19); corporations or other businesses not listed above (6).

**Which custodians does Bridges Capital LLC use?**
Bridges Capital LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Interactive Brokers LLC as custodians holding 10% or more of its separately managed account assets.

**Does Bridges 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 SEC record: https://adviserinfo.sec.gov/firm/summary/297718

**What changed in Bridges Capital LLC's recent Form ADV filings?**
In the February 2026 filing data: Added the business name BDGS LLC. Regulatory assets under management went from $74,727,158 to $251,632,877 (+237%). 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
- Other

### Fees and minimums (Form ADV Part 2A brochure dated January 20, 2026)

- Asset-based fee: 1.5% of assets a year

> The Investment Advisory Fee is based on a percentage of client’s assets that BC managed and is calculated and charged in accordance with the following fee schedule: Assets under Management Annualized Fee All Client Accounts 1.50%

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

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- Interactive Brokers LLC

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: $251,632,877
- Discretionary: $89,708,877
- Non-discretionary: $161,924,000

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 19 | $4,200,000 |
| High net worth individuals | 42 | $55,722,449 |
| Investment companies | 1 | $20,000,000 |
| Other investment advisers | 1 | $161,924,000 |
| Corporations or other businesses not listed above | 6 | $9,786,428 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies (and business development companies)

### Firm details
- Registered since: 2023 (3 years)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the February 2026 filing
- Pace, FL

### Websites listed on Form ADV (Item 1.I)
- mycertifiedteam.com
- LinkedIn @bridges-capital-llc
- LinkedIn @raymond-bridges-cpa-a789b331
- X @BridgesCapital

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2023 | $40,621,611 | 2 | August 2, 2023 |
| October 2024 | $52,197,914 | 1 | September 9, 2024 |
| October 2025 | $74,727,158 | 1 | June 10, 2025 |
| October 2026 | $251,632,877 | 1 | January 20, 2026 |

Regulatory assets under management: $40,621,611 in the October 2023 data and $251,632,877 in the October 2026 data, up 519%.
Total employees: 2 in October 2023 and 1 in October 2026.

## Changes in the filing (last 12 months)

### February 2026
- Added the business name BDGS LLC.
- Regulatory assets under management went from $74,727,158 to $251,632,877 (+237%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Bridges Capital LLC (CRD 297718): Form ADV filing data as of October 2026.