# FC Capital Management LLC

> FC Capital Management LLC is an SEC-registered investment advisory firm in Charlotte, NC, registered since 2012, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 161220
- Filed as: FC CAPITAL MANAGEMENT LLC
- Also doing business as: FRONTIER CAPITAL LLC, FRONTIER GROWTH (DBA)
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Charlotte, NC
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/161220
- AdvisorCensus page: https://advisorcensus.com/firm/fc-capital-management-llc-charlotte-nc-161220

## Quick answers

**How is FC Capital Management LLC compensated?**
On its Form ADV (Item 5.E, October 2026), FC Capital Management LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**How much does FC Capital Management LLC charge?**
Its Form ADV Part 2A brochure dated March 31, 2026 states: Asset-based fee: up to 2% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is FC Capital Management LLC located?**
FC Capital Management LLC's principal office is in Charlotte, NC, according to its Form ADV.

**Is FC Capital Management LLC registered with the SEC or a state?**
FC Capital Management LLC is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 161220.

**How much does FC Capital Management LLC manage?**
FC Capital Management LLC reports $1,608,234,854 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have FC Capital Management LLC's assets and staff changed since 2021?**
In the Form ADV data for FC Capital Management LLC: Regulatory assets under management: $1,734,865,422 in the October 2021 data and $1,608,234,854 in the October 2026 data, down 7%. Total employees: 39 in October 2021 and 19 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does FC 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) (7).

**Does FC 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/161220

**What changed in FC Capital Management LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 12 to 11. Regulatory assets under management went from $1,879,458,837 to $1,608,234,854 (-14%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Fees and minimums (Form ADV Part 2A brochure dated March 31, 2026)

- Asset-based fee: up to 2% of assets a year (the maximum the brochure states)

> The Funds generally pay the Adviser an annualized management fee of up to 2.0%, as set forth below, and as further described in each the Fund Governing Documents (the “Management Fee”).

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

### Regulatory assets under management (Item 5.F)
- Total: $1,608,234,854
- Discretionary: $1,608,234,854
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 7 | $1,608,234,854 |

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

### Firm details
- Registered since: 2012 (14 years)
- Employees: 19 total, 11 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NC
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- frontiergrowth.com
- LinkedIn @frontier-growth
- X @TheFrontierTeam

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,734,865,422 | 39 | May 4, 2021 |
| October 2022 | $2,078,832,593 | 37 | March 31, 2022 |
| October 2023 | $1,846,657,985 | 37 | March 29, 2023 |
| October 2024 | $1,795,381,801 | 30 | March 28, 2024 |
| October 2025 | $1,879,458,837 | 25 | March 28, 2025 |
| October 2026 | $1,608,234,854 | 19 | March 31, 2026 |

Regulatory assets under management: $1,734,865,422 in the October 2021 data and $1,608,234,854 in the October 2026 data, down 7%.
Total employees: 39 in October 2021 and 19 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 12 to 11.
- Regulatory assets under management went from $1,879,458,837 to $1,608,234,854 (-14%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. FC Capital Management LLC (CRD 161220): Form ADV filing data as of October 2026.