{ "crd_number": 111815, "slug": "capital-formation-advisers-llc-111815", "primary_business_name": "CAPITAL FORMATION ADVISERS LLC", "legal_name": "CAPITAL FORMATION ADVISERS LLC", "dbas": [], "city": null, "state": null, "country": null, "cbsa_code": null, "metro": null, "registration_type": "sec", "registration_status": "Approved", "registration_date": "1997-12-31", "years_registered": 28, "period": "2026-10-01", "filing_date": "2026-03-05", "carried_forward": false, "raum_total": 68447213.0, "raum_discretionary": 38887006.0, "raum_non_discretionary": 29560207.0, "raum_band": "25m_100m", "raum_band_label": "$25 million to $100 million", "total_employees": 1, "advisory_employees": 1, "client_count_bucket": "fewer_than_5_in_some_types", "clients_by_type": { "other": { "raum": 1876992.0, "count": 1, "description": "TRUST", "fewer_than_5": true }, "pension_profit_sharing": { "raum": 953630.0, "count": 1, "fewer_than_5": true }, "high_net_worth_individuals": { "raum": 65616591.0, "count": 5 } }, "compensation_types": [ "fixed", "hourly" ], "advisory_activities": [ "portfolio_management_individuals" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "CT", "HI" ], "websites": [], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/111815", "city_as_filed": null, "url": "https://advisorcensus.com/firm/capital-formation-advisers-llc-111815", "display_name": "Capital Formation Advisers LLC", "summary": "Capital Formation Advisers LLC is an SEC-registered investment advisory firm, registered since 1997, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated March 5, 2026.", "citation": "AdvisorCensus. Capital Formation Advisers LLC (CRD 111815): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "Hourly charges", "Fixed fees (other than subscription fees)" ], "advisory_activity_labels": [ "Portfolio management for individuals and/or small businesses" ], "quick_answers": [ { "q": "How is Capital Formation Advisers LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Capital Formation Advisers LLC reports these compensation arrangements: hourly charges; fixed fees (other than subscription fees). The amounts are in Item 5 of its Form ADV Part 2A brochure." }, { "q": "Is Capital Formation Advisers LLC registered with the SEC or a state?", "a": "Capital Formation Advisers LLC is an SEC-registered investment advisory firm, registered since 1997. Status as filed: Approved. CRD 111815." }, { "q": "How much does Capital Formation Advisers LLC manage?", "a": "Capital Formation Advisers LLC reports $68,447,213 in regulatory assets under management in its Form ADV filing dated March 5, 2026 (57% discretionary)." }, { "q": "How have Capital Formation Advisers LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for Capital Formation Advisers LLC: Regulatory assets under management: $57,274,613 in the October 2021 data and $68,447,213 in the October 2026 data, up 20%. Total employees: 1 in October 2021 and 1 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Capital Formation Advisers LLC serve?", "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (5); pension and profit sharing plans (but not the plan participants or government pension plans) (1); other (1)." }, { "q": "Which custodians does Capital Formation Advisers LLC use?", "a": "Capital Formation Advisers LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Morgan Stanley as custodians holding 10% or more of its separately managed account assets." }, { "q": "Does Capital Formation Advisers 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/111815" } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 57274613.0, "total_employees": 1, "filing_date": "2021-03-17" }, { "period": "2022-10-01", "regulatory_assets_under_management": 69211271.0, "total_employees": 1, "filing_date": "2022-03-15" }, { "period": "2023-10-01", "regulatory_assets_under_management": 62358916.0, "total_employees": 1, "filing_date": "2023-03-24" }, { "period": "2024-10-01", "regulatory_assets_under_management": 65200102.0, "total_employees": 1, "filing_date": "2024-03-21" }, { "period": "2025-10-01", "regulatory_assets_under_management": 65678356.0, "total_employees": 1, "filing_date": "2025-03-07" }, { "period": "2026-10-01", "regulatory_assets_under_management": 68447213.0, "total_employees": 1, "filing_date": "2026-03-05" } ], "recent_changes": [], "fees_from_brochure": null, "custodians": [ { "name": "J.P. Morgan Securities LLC", "name_as_filed": "J.P. MORGAN SECURITIES LLC", "affiliated": false }, { "name": "Merrill Lynch, Pierce, Fenner & Smith Incorporated", "name_as_filed": "MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED", "affiliated": false }, { "name": "Morgan Stanley", "name_as_filed": "MORGAN STANLEY", "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/capital-formation-advisers-llc-111815.md", "clients": [ { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 5, "fewer_than_5": false, "raum": 65616591.0 }, { "type": "pension_profit_sharing", "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)", "count": 1, "fewer_than_5": true, "raum": 953630.0 }, { "type": "other", "label": "Other", "count": 1, "fewer_than_5": true, "raum": 1876992.0 } ], "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/111815", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }