# Efficient Capital Management LLC

> Efficient Capital Management LLC is an SEC-registered investment advisory firm in Warrenville, IL, registered since 2017, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 6, 2026.

- CRD: 287958
- Filed as: EFFICIENT CAPITAL MANAGEMENT LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Warrenville, IL
- Filing period: October 2026
- Form ADV filing dated: March 6, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/287958
- AdvisorCensus page: https://advisorcensus.com/firm/efficient-capital-management-llc-warrenville-il-287958

## Quick answers

**How is Efficient Capital Management LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Efficient Capital Management LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees; other. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Efficient Capital Management LLC located?**
Efficient Capital Management LLC's principal office is in Warrenville, IL, according to its Form ADV.

**Is Efficient Capital Management LLC registered with the SEC or a state?**
Efficient Capital Management LLC is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 287958.

**How much does Efficient Capital Management LLC manage?**
Efficient Capital Management LLC reports $1,156,523,519 in regulatory assets under management in its Form ADV filing dated March 6, 2026 (100% discretionary).

**How have Efficient Capital Management LLC's assets and staff changed since 2021?**
In the Form ADV data for Efficient Capital Management LLC: Regulatory assets under management: $827,430,885 in the October 2021 data and $1,156,523,519 in the October 2026 data, up 40%. Total employees: 25 in October 2021 and 29 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Efficient Capital Management LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (12); investment companies (1).

**Does Efficient Capital Management 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/287958

**What changed in Efficient Capital Management LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 14 to 13. Regulatory assets under management went from $913,862,732 to $1,156,523,519 (+27%). 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
- Performance-based fees
- Other

### Regulatory assets under management (Item 5.F)
- Total: $1,156,523,519
- Discretionary: $1,156,523,519
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | Not reported |
| High net worth individuals | 0 | Not reported |
| Banking or thrift institutions | 0 | Not reported |
| Investment companies | 1 | $179,283,193 |
| Business development companies | 0 | Not reported |
| Pooled investment vehicles (other than investment companies and business development companies) | 12 | $977,240,326 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | Not reported |
| Charitable organizations | 0 | Not reported |
| State or municipal government entities (including government pension plans) | 0 | Not reported |
| Other investment advisers | 0 | Not reported |
| Insurance companies | 0 | Not reported |
| Sovereign wealth funds and foreign official institutions | 0 | Not reported |
| Corporations or other businesses not listed above | 0 | Not reported |
| Other | 0 | Not reported |

### Advisory services (Item 5.G)
- Portfolio management for investment companies (and business development companies)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2017 (8 years)
- Employees: 29 total, 13 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: IL
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- efficient.com
- LinkedIn @efficient-capital-management-llc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $827,430,885 | 25 | March 25, 2021 |
| October 2022 | $836,226,655 | 25 | March 29, 2022 |
| October 2023 | $1,042,668,842 | 24 | March 30, 2023 |
| October 2024 | $1,004,486,042 | 28 | March 28, 2024 |
| October 2025 | $913,862,732 | 29 | March 25, 2025 |
| October 2026 | $1,156,523,519 | 29 | March 6, 2026 |

Regulatory assets under management: $827,430,885 in the October 2021 data and $1,156,523,519 in the October 2026 data, up 40%.
Total employees: 25 in October 2021 and 29 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 14 to 13.
- Regulatory assets under management went from $913,862,732 to $1,156,523,519 (+27%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Efficient Capital Management LLC (CRD 287958): Form ADV filing data as of October 2026.