# Equalize Capital LLC

> Equalize Capital LLC is an SEC-registered investment advisory firm in San Juan, PR, registered since 2019, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated March 27, 2026.

- CRD: 300640
- Filed as: EQUALIZE CAPITAL LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: San Juan, PR
- Filing period: October 2026
- Form ADV filing dated: March 27, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/300640
- AdvisorCensus page: https://advisorcensus.com/firm/equalize-capital-llc-san-juan-pr-300640

## Quick answers

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

**Where is Equalize Capital LLC located?**
Equalize Capital LLC's principal office is in San Juan, PR, according to its Form ADV.

**Is Equalize Capital LLC registered with the SEC or a state?**
Equalize Capital LLC is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 300640.

**How much does Equalize Capital LLC manage?**
Equalize Capital LLC reports $39,534,235 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary).

**How have Equalize Capital LLC's assets and staff changed since 2021?**
In the Form ADV data for Equalize Capital LLC: Regulatory assets under management: $42,276,544 in the October 2021 data and $39,534,235 in the October 2026 data, down 6%. Total employees: 5 in October 2021 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going.

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

**Does Equalize Capital 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/300640

**What changed in Equalize Capital LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $49,412,934 to $39,534,235 (-20%). 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

### Regulatory assets under management (Item 5.F)
- Total: $39,534,235
- Discretionary: $39,534,235
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 1 | $28,697,692 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $10,836,543 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

### 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: 2019 (7 years)
- Employees: 4 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: PR
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

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

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $42,276,544 | 5 | May 19, 2021 |
| October 2022 | $82,191,160 | 5 | March 4, 2022 |
| October 2023 | $66,392,191 | 5 | March 13, 2023 |
| October 2024 | $61,153,215 | 4 | March 12, 2024 |
| October 2025 | $49,412,934 | 4 | March 18, 2025 |
| October 2026 | $39,534,235 | 4 | March 27, 2026 |

Regulatory assets under management: $42,276,544 in the October 2021 data and $39,534,235 in the October 2026 data, down 6%.
Total employees: 5 in October 2021 and 4 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $49,412,934 to $39,534,235 (-20%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Equalize Capital LLC (CRD 300640): Form ADV filing data as of October 2026.