# Capital Squared Financial LLC

> Capital Squared Financial LLC is an SEC-registered investment advisory firm in Rockville, MD, registered since 2024, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated February 10, 2026.

- CRD: 326861
- Filed as: CAPITAL SQUARED FINANCIAL LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Rockville, MD
- Filing period: October 2026
- Form ADV filing dated: February 10, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/326861
- AdvisorCensus page: https://advisorcensus.com/firm/capital-squared-financial-llc-rockville-md-326861

## Quick answers

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

**Where is Capital Squared Financial LLC located?**
Capital Squared Financial LLC's principal office is in Rockville, MD, according to its Form ADV.

**Is Capital Squared Financial LLC registered with the SEC or a state?**
Capital Squared Financial LLC is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 326861.

**How much does Capital Squared Financial LLC manage?**
Capital Squared Financial LLC reports $198,700,000 in regulatory assets under management in its Form ADV filing dated February 10, 2026 (100% discretionary).

**How have Capital Squared Financial LLC's assets and staff changed since 2025?**
In the Form ADV data for Capital Squared Financial LLC: Regulatory assets under management: $122,097,788 in the October 2025 data and $198,700,000 in the October 2026 data, up 63%. Total employees: 3 in October 2025 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Capital Squared Financial LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (53); individuals (other than high net worth individuals) (34).

**Which custodians does Capital Squared Financial LLC use?**
Capital Squared Financial 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 Capital Squared Financial 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/326861

**What changed in Capital Squared Financial LLC's recent Form ADV filings?**
In the March 2026 filing data: Regulatory assets under management went from $122,097,788 to $198,700,000 (+63%). Registered or notice-filed in CA, IN, NC, NJ, NY, OR, PA.

## 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))
- 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: $198,700,000
- Discretionary: $198,700,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 34 | $183,350,000 |
| High net worth individuals | 53 | $14,913,000 |
| Charitable organizations | Fewer than 5 | $437,000 |

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

### Firm details
- Registered since: 2024 (1 year)
- Employees: 3 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, DC, IN, MD, NC, NH, NJ, NY, OR, PA, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- csqfinancial.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2025 | $122,097,788 | 3 | March 28, 2025 |
| October 2026 | $198,700,000 | 3 | February 10, 2026 |

Regulatory assets under management: $122,097,788 in the October 2025 data and $198,700,000 in the October 2026 data, up 63%.
Total employees: 3 in October 2025 and 3 in October 2026.

## Changes in the filing (last 12 months)

### March 2026
- Regulatory assets under management went from $122,097,788 to $198,700,000 (+63%).
- Registered or notice-filed in CA, IN, NC, NJ, NY, OR, PA.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Capital Squared Financial LLC (CRD 326861): Form ADV filing data as of October 2026.