# Cape ANN Capital, Inc.

> Cape ANN Capital, Inc. is an SEC-registered investment advisory firm in Concord, MA, registered since 2006, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 128942
- Filed as: CAPE ANN CAPITAL, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Concord, MA
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/128942
- AdvisorCensus page: https://advisorcensus.com/firm/cape-ann-capital-inc-concord-ma-128942

## Quick answers

**How is Cape ANN Capital, Inc. compensated?**
On its Form ADV (Item 5.E, October 2026), Cape ANN Capital, Inc. reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees). The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Cape ANN Capital, Inc. located?**
Cape ANN Capital, Inc.'s principal office is in Concord, MA, according to its Form ADV.

**Is Cape ANN Capital, Inc. registered with the SEC or a state?**
Cape ANN Capital, Inc. is an SEC-registered investment advisory firm, registered since 2006. Status as filed: Approved. CRD 128942.

**How much does Cape ANN Capital, Inc. manage?**
Cape ANN Capital, Inc. reports $193,009,183 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (94% discretionary).

**How have Cape ANN Capital, Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Cape ANN Capital, Inc.: Regulatory assets under management: $186,471,075 in the October 2021 data and $193,009,183 in the October 2026 data, up 4%. Total employees: 3 in October 2021 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Cape ANN Capital, Inc. serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (198); high net worth individuals (42); pension and profit sharing plans (but not the plan participants or government pension plans) (3).

**Which custodians does Cape ANN Capital, Inc. use?**
Cape ANN Capital, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists National Financial Services LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Cape ANN Capital, Inc. 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/128942

**What changed in Cape ANN Capital, Inc.'s recent Form ADV filings?**
In the April 2026 filing data: 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
- Fixed fees (other than subscription fees)

### Custodians (Schedule D, Section 5.K(3))
- National Financial Services 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: $193,009,183
- Discretionary: $181,231,770
- Non-discretionary: $11,777,413

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 198 | $86,563,408 |
| High net worth individuals | 42 | $92,022,659 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 3 | $10,007,218 |
| Charitable organizations | 3 | $4,415,898 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2006 (20 years)
- Employees: 2 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, CT, FL, MA, NH, VT
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- capeanncapital.com
- Facebook @Cape-Ann-Capital-639570436490728
- LinkedIn @cape-ann-capital

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $186,471,075 | 3 | March 31, 2021 |
| October 2022 | $202,165,118 | 3 | April 4, 2022 |
| October 2023 | $166,860,673 | 3 | March 31, 2023 |
| October 2024 | $186,992,674 | 3 | March 28, 2024 |
| October 2025 | $198,794,469 | 3 | March 27, 2025 |
| October 2026 | $193,009,183 | 2 | March 31, 2026 |

Regulatory assets under management: $186,471,075 in the October 2021 data and $193,009,183 in the October 2026 data, up 4%.
Total employees: 3 in October 2021 and 2 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Updated its list of owners and control persons (Schedule A).

### February 2026
- Employees performing advisory functions went from 3 to 2.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Cape ANN Capital, Inc. (CRD 128942): Form ADV filing data as of October 2026.