# F&V Capital Management, L.L.C.

> F&V Capital Management, L.L.C. is an SEC-registered investment advisory firm in Boca Raton, FL, registered since 2008, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated February 12, 2026.

- CRD: 146399
- Filed as: F&V CAPITAL MANAGEMENT, L.L.C.
- Also doing business as: FVCM
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Boca Raton, FL
- Filing period: October 2026
- Form ADV filing dated: February 12, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/146399
- AdvisorCensus page: https://advisorcensus.com/firm/f-and-v-capital-management-l-l-c-boca-raton-fl-146399

## Quick answers

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

**How much does F&V Capital Management, L.L.C. charge?**
Its Form ADV Part 2A brochure dated February 11, 2026 states: Asset-based fee: 0.5% to 2.5% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is F&V Capital Management, L.L.C. located?**
F&V Capital Management, L.L.C.'s principal office is in Boca Raton, FL, according to its Form ADV.

**Is F&V Capital Management, L.L.C. registered with the SEC or a state?**
F&V Capital Management, L.L.C. is an SEC-registered investment advisory firm, registered since 2008. Status as filed: Approved. CRD 146399.

**How much does F&V Capital Management, L.L.C. manage?**
F&V Capital Management, L.L.C. reports $557,839,445 in regulatory assets under management in its Form ADV filing dated February 12, 2026 (97% discretionary).

**How have F&V Capital Management, L.L.C.'s assets and staff changed since 2021?**
In the Form ADV data for F&V Capital Management, L.L.C.: Regulatory assets under management: $297,164,179 in the October 2021 data and $557,839,445 in the October 2026 data, up 88%. Total employees: 6 in October 2021 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does F&V Capital Management, L.L.C. serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (100); corporations or other businesses not listed above (18); individuals (other than high net worth individuals) (13).

**Which custodians does F&V Capital Management, L.L.C. use?**
F&V Capital Management, L.L.C.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists RBC Capital Markets, LLC as a custodian holding 10% or more of its separately managed account assets.

**Does F&V Capital Management, L.L.C. 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/146399

**What changed in F&V Capital Management, L.L.C.'s recent Form ADV filings?**
In the March 2026 filing data: Regulatory assets under management went from $472,121,138 to $557,839,445 (+18%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated February 11, 2026)

- Asset-based fee: 0.5% to 2.5% a year (a range, as the brochure states it)

> Our annual fees for Investment Supervisory Services are based upon a percentage of assets under management and generally range from 0.50% to 2.50% depending on assets under management and other factors.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- RBC Capital Markets, 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: $557,839,445
- Discretionary: $540,590,967
- Non-discretionary: $17,248,478

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 13 | $5,389,288 |
| High net worth individuals | 100 | $452,209,430 |
| Corporations or other businesses not listed above | 18 | $63,282,776 |
| Other | 1 | $36,957,951 |

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

### Firm details
- Registered since: 2008 (18 years)
- Employees: 7 total, 7 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, NY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [fvcm.us](https://fvcm.us)
- LinkedIn @f-v-capital-mgmt-fvcm-b7b92758

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $297,164,179 | 6 | July 27, 2021 |
| October 2022 | $389,240,143 | 5 | February 9, 2022 |
| October 2023 | $393,314,049 | 7 | February 27, 2023 |
| October 2024 | $402,894,964 | 7 | July 30, 2024 |
| October 2025 | $472,121,138 | 7 | March 12, 2025 |
| October 2026 | $557,839,445 | 7 | February 12, 2026 |

Regulatory assets under management: $297,164,179 in the October 2021 data and $557,839,445 in the October 2026 data, up 88%.
Total employees: 6 in October 2021 and 7 in October 2026.

## Changes in the filing (last 12 months)

### March 2026
- Regulatory assets under management went from $472,121,138 to $557,839,445 (+18%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. F&V Capital Management, L.L.C. (CRD 146399): Form ADV filing data as of October 2026.