AdvisorCensus / Financial advisors / Montana / Bozeman / Destra Capital Advisors LLC
Destra Capital Advisors LLC is an SEC-registered investment advisory firm in Bozeman, MT, registered since 2010, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 12, 2026.
Quick answers
From the filingHow is Destra Capital Advisors LLC compensated?
On its Form ADV (Item 5.E, October 2026), Destra Capital Advisors LLC reports these compensation arrangements: a percentage of assets under its management.
Where is Destra Capital Advisors LLC located?
Destra Capital Advisors LLC's principal office is in Bozeman, MT, according to its Form ADV.
Is Destra Capital Advisors LLC registered with the SEC or a state?
Destra Capital Advisors LLC is an SEC-registered investment advisory firm, registered since 2010. Status as filed: Approved. CRD 148574.
How much does Destra Capital Advisors LLC manage?
Destra Capital Advisors LLC reports $463,846,135 in regulatory assets under management in its Form ADV filing dated March 12, 2026 (100% discretionary).
How have Destra Capital Advisors LLC's assets and staff changed since 2021?
In the Form ADV data for Destra Capital Advisors LLC: Regulatory assets under management: $199,861,795 in the October 2021 data and $463,846,135 in the October 2026 data, up 132%. Total employees: 20 in October 2021 and 12 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Destra Capital Advisors LLC serve?
By number of clients on Form ADV Item 5.D: investment companies (2).
Does Destra Capital Advisors 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/148574
What changed in Destra Capital Advisors LLC's recent Form ADV filings?
In the April 2026 filing data: Employees performing advisory functions went from 13 to 12. Regulatory assets under management went from $414,203,276 to $463,846,135 (+12%). Updated its list of owners and control persons (Schedule A).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Regulatory assets under management
Item 5.F$463,846,135 as of October 2026, filing dated March 12, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Portfolio management for investment companies (and business development companies)
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2010 (15 years)
- Employees
- Total: 12. Performing investment advisory functions: 12.
- Wrap fee program participation
- No.
- States registered or notice-filed
-
12 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $463,846,135 | 12 | March 12, 2026 |
| October 2025 | $414,203,276 | 13 | March 19, 2025 |
| October 2024 | $299,537,939 | 15 | February 28, 2024 |
| October 2023 | $187,974,161 | 13 | March 15, 2023 |
| October 2022 | $174,258,187 | 17 | March 4, 2022 |
| October 2021 | $199,861,795 | 20 | August 17, 2021 |
Regulatory assets under management: $199,861,795 in the October 2021 data and $463,846,135 in the October 2026 data, up 132%.
Total employees: 20 in October 2021 and 12 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- April 2026
- Employees performing advisory functions went from 13 to 12.
- Regulatory assets under management went from $414,203,276 to $463,846,135 (+12%).
- Updated its list of owners and control persons (Schedule A).
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Destra Capital Advisors LLC (CRD 148574): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/destra-capital-advisors-llc-bozeman-mt-148574