{ "crd_number": 342427, "slug": "callodine-bdc-advisor-llc-boston-ma-342427", "primary_business_name": "CALLODINE BDC ADVISOR, LLC", "legal_name": "CALLODINE BDC ADVISOR, LLC", "dbas": [], "city": "Boston", "state": "MA", "country": "United States", "cbsa_code": "14460", "metro": { "cbsa_code": "14460", "common_name": "Boston", "msa_name": "Boston-Cambridge-Newton, MA-NH", "path": "/advisors/ma/boston" }, "registration_type": "sec", "registration_status": "120-Day Approval", "registration_date": "2026-07-23", "years_registered": 0, "period": "2026-10-01", "filing_date": "2026-06-26", "carried_forward": false, "raum_total": 0.0, "raum_discretionary": 0.0, "raum_non_discretionary": 0.0, "raum_band": "under_25m", "raum_band_label": "Under $25 million", "total_employees": 13, "advisory_employees": 10, "client_count_bucket": null, "clients_by_type": { "pooled_investment_vehicles": { "raum": 0.0, "count": 1 } }, "compensation_types": [ "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "MA", "RI" ], "websites": [], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/342427", "city_as_filed": "BOSTON", "url": "https://advisorcensus.com/firm/callodine-bdc-advisor-llc-boston-ma-342427", "display_name": "Callodine BDC Advisor, LLC", "summary": "Callodine BDC Advisor, LLC is an SEC-registered investment advisory firm in Boston, MA, registered since 2026, reporting under $25 million in regulatory assets under management in its Form ADV filing dated June 26, 2026.", "citation": "AdvisorCensus. Callodine BDC Advisor, LLC (CRD 342427): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Performance-based fees" ], "advisory_activity_labels": [ "Portfolio management for pooled investment vehicles (other than investment companies)" ], "quick_answers": [ { "q": "How is Callodine BDC Advisor, LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Callodine BDC Advisor, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees." }, { "q": "Where is Callodine BDC Advisor, LLC located?", "a": "Callodine BDC Advisor, LLC's principal office is in Boston, MA, according to its Form ADV; the July 2026 filing also lists 1 other office (Schedule D, Section 1.F)." }, { "q": "Is Callodine BDC Advisor, LLC registered with the SEC or a state?", "a": "Callodine BDC Advisor, LLC is an SEC-registered investment advisory firm, registered since 2026. Status as filed: 120-Day Approval. CRD 342427." }, { "q": "How much does Callodine BDC Advisor, LLC manage?", "a": "Callodine BDC Advisor, LLC reports $0 in regulatory assets under management in its Form ADV filing dated June 26, 2026." }, { "q": "What types of clients does Callodine BDC Advisor, LLC serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (1)." }, { "q": "Does Callodine BDC Advisor, LLC 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/342427" }, { "q": "Does Callodine BDC Advisor, LLC state an account minimum?", "a": "Its Form ADV Part 2A brochure dated June 26, 2026 says: \"The minimum investment for the Fund is $10,000,000 although the Manager may waive the minimum investment amount, in its discretion.\"" }, { "q": "What changed in Callodine BDC Advisor, LLC's recent Form ADV filings?", "a": "In the August 2026 filing data: Newly registered with the SEC." } ], "filing_history": [], "recent_changes": [ { "period": "2026-08-01", "period_label": "August 2026", "notes": [ "Newly registered with the SEC." ] } ], "fees_from_brochure": { "source": "Form ADV Part 2A brochure dated June 26, 2026", "provided_by_the_firm": false, "tiers": [], "flat_rate": null, "stated_range": null, "stated_maximum": null, "account_minimum": "$10,000,000", "account_minimum_may_be_waived": true, "minimum_annual_fee": null, "planning_fees": [], "figures": [ { "label": "Account minimum", "statements": [ "Account minimum: $10,000,000 (the brochure says it may be waived or negotiated)" ], "quotes": [ "The minimum investment for the Fund is $10,000,000 although the Manager may waive the minimum investment amount, in its discretion." ] } ], "values": { "tiers": [], "range_pct": null, "max_pct": null, "account_minimum": 10000000.0, "minimum_annual_fee": null, "planning": [] }, "quotes": [ "The minimum investment for the Fund is $10,000,000 although the Manager may waive the minimum investment amount, in its discretion." ], "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable." }, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/callodine-bdc-advisor-llc-boston-ma-342427.md", "clients": [ { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 1, "fewer_than_5": false, "raum": 0.0 } ], "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/342427", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }