{
  "crd_number": 305958,
  "slug": "first-growth-capital-llc-305958",
  "primary_business_name": "FIRST GROWTH CAPITAL LLC",
  "legal_name": "FIRST GROWTH CAPITAL LLC",
  "dbas": [],
  "city": null,
  "state": null,
  "country": null,
  "cbsa_code": null,
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2019-09-24",
  "years_registered": 7,
  "period": "2026-10-01",
  "filing_date": "2026-03-17",
  "carried_forward": false,
  "raum_total": 130622527.0,
  "raum_discretionary": 130622527.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 4,
  "advisory_employees": 1,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 2802242.0,
      "count": 16
    },
    "high_net_worth_individuals": {
      "raum": 127820285.0,
      "count": 51
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "FL",
    "MD",
    "PA"
  ],
  "websites": [
    "https://firstgrowthcapitalpartners.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/305958",
  "city_as_filed": null,
  "url": "https://advisorcensus.com/firm/first-growth-capital-llc-305958",
  "display_name": "First Growth Capital LLC",
  "summary": "First Growth Capital LLC is an SEC-registered investment advisory firm, registered since 2019, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 17, 2026.",
  "citation": "AdvisorCensus. First Growth Capital LLC (CRD 305958): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is First Growth Capital LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), First Growth Capital LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does First Growth Capital LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated March 17, 2026 states: Asset-based fee: 0.5% to 2% a year (a range, as the brochure states it); Subscription: $3,000 to $50,000 a year (Consultation Service); Hourly rate: $250 to $500 an hour (Consultation Service). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Is First Growth Capital LLC registered with the SEC or a state?",
      "a": "First Growth Capital LLC is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 305958."
    },
    {
      "q": "How much does First Growth Capital LLC manage?",
      "a": "First Growth Capital LLC reports $130,622,527 in regulatory assets under management in its Form ADV filing dated March 17, 2026 (100% discretionary)."
    },
    {
      "q": "How have First Growth Capital LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for First Growth Capital LLC: Regulatory assets under management: $140,303,000 in the October 2021 data and $130,622,527 in the October 2026 data, down 7%. Total employees: 2 in October 2021 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does First Growth Capital LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (51); individuals (other than high net worth individuals) (16)."
    },
    {
      "q": "Which custodians does First Growth Capital LLC use?",
      "a": "First Growth Capital LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Interactive Brokers LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does First Growth Capital LLC report any disciplinary disclosures?",
      "a": "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/305958"
    },
    {
      "q": "Does First Growth Capital LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 17, 2026 says: \"Generally, First Growth Capital’s minimum account size is $500,000 USD. First Growth Capital reserves the right to waive or increase its minimum investment amount on a case by case basis.\""
    },
    {
      "q": "What changed in First Growth Capital LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $214,651,390 to $130,622,527 (-39%). Added an office in West Palm Beach, FL. Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 140303000.0,
      "total_employees": 2,
      "filing_date": "2021-07-30"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 197692881.0,
      "total_employees": 2,
      "filing_date": "2022-09-23"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 168729483.0,
      "total_employees": 2,
      "filing_date": "2023-05-09"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 181051270.0,
      "total_employees": 3,
      "filing_date": "2024-06-20"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 217615400.0,
      "total_employees": 4,
      "filing_date": "2025-06-23"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 130622527.0,
      "total_employees": 4,
      "filing_date": "2026-03-17"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $214,651,390 to $130,622,527 (-39%).",
        "Added an office in West Palm Beach, FL.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "Employees performing advisory functions went from 2 to 1."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 17, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": "0.5% to 2% a year",
    "stated_maximum": null,
    "account_minimum": "$500,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Subscription: $3,000 to $50,000 a year (Consultation Service)",
      "Hourly rate: $250 to $500 an hour (Consultation Service)"
    ],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 0.5% to 2% a year (a range, as the brochure states it)"
        ],
        "quotes": [
          "Generally, these advisory fees range from 0.50% to 2.00% of assets under management, but the fee can be higher or lower than this range.",
          "First Growth Capital’s fees generally range between 0.50% and 2.00 % of the client’s account per annum."
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $500,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "Generally, First Growth Capital’s minimum account size is $500,000 USD. First Growth Capital reserves the right to waive or increase its minimum investment amount on a case by case basis."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Subscription: $3,000 to $50,000 a year (Consultation Service)"
        ],
        "quotes": [
          "First Growth Capital intends to charge retainer fees of between $3,000 and $50,000 annually, depending on services rendered."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $250 to $500 an hour (Consultation Service)"
        ],
        "quotes": [
          "Generally, hourly fees range between $250 and $500 depending on services rendered and the experience level of the professional performing the service."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": [
        0.5,
        2.0
      ],
      "max_pct": null,
      "account_minimum": 500000.0,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "subscription",
          "amount": null,
          "min": 3000.0,
          "max": 50000.0,
          "period": "annual",
          "service": "Consultation Service"
        },
        {
          "kind": "hourly",
          "amount": null,
          "min": 250.0,
          "max": 500.0,
          "period": "hour",
          "service": "Consultation Service"
        }
      ]
    },
    "quotes": [
      "Generally, these advisory fees range from 0.50% to 2.00% of assets under management, but the fee can be higher or lower than this range.",
      "First Growth Capital’s fees generally range between 0.50% and 2.00 % of the client’s account per annum.",
      "Generally, First Growth Capital’s minimum account size is $500,000 USD. First Growth Capital reserves the right to waive or increase its minimum investment amount on a case by case basis.",
      "First Growth Capital intends to charge retainer fees of between $3,000 and $50,000 annually, depending on services rendered.",
      "Generally, hourly fees range between $250 and $500 depending on services rendered and the experience level of the professional performing the service."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Interactive Brokers LLC",
      "name_as_filed": "INTERACTIVE BROKERS LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/first-growth-capital-llc-305958.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 16,
      "fewer_than_5": false,
      "raum": 2802242.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 51,
      "fewer_than_5": false,
      "raum": 127820285.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/305958",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}