# Flax Pond Capital, LLC

> Flax Pond Capital, LLC is an SEC-registered investment advisory firm in Falmouth, MA, registered since 2023, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated January 30, 2026.

- CRD: 324332
- Filed as: FLAX POND CAPITAL, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Falmouth, MA
- Filing period: October 2026
- Form ADV filing dated: January 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/324332
- AdvisorCensus page: https://advisorcensus.com/firm/flax-pond-capital-llc-falmouth-ma-324332

## Quick answers

**How is Flax Pond Capital, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Flax Pond Capital, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges.

**How much does Flax Pond Capital, LLC charge?**
Its Form ADV Part 2A brochure dated January 30, 2026 states: Hourly rate: $350 an hour (stand-alone financial planning services). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Flax Pond Capital, LLC located?**
Flax Pond Capital, LLC's principal office is in Falmouth, MA, according to its Form ADV; the February 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Flax Pond Capital, LLC registered with the SEC or a state?**
Flax Pond Capital, LLC is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 324332.

**How much does Flax Pond Capital, LLC manage?**
Flax Pond Capital, LLC reports $222,295,161 in regulatory assets under management in its Form ADV filing dated January 30, 2026 (99% discretionary).

**How have Flax Pond Capital, LLC's assets and staff changed since 2023?**
In the Form ADV data for Flax Pond Capital, LLC: Regulatory assets under management: $145,071,788 in the October 2023 data and $222,295,161 in the October 2026 data, up 53%. Total employees: 4 in October 2023 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Flax Pond Capital, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (64); high net worth individuals (55); charitable organizations (1).

**Which custodians does Flax Pond Capital, LLC use?**
Flax Pond Capital, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Brokerage Services LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Flax Pond 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/324332

**What changed in Flax Pond Capital, LLC's recent Form ADV filings?**
In the February 2026 filing data: Regulatory assets under management went from $172,761,089 to $222,295,161 (+29%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges

### Fees and minimums (Form ADV Part 2A brochure dated January 30, 2026)

- Hourly rate: $350 an hour (stand-alone financial planning services)

> We charge an hourly fee of $350 for stand-alone financial planning services, which is negotiable depending on the scope and complexity of the plan, your situation, and your financial objectives.

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

### Custodians (Schedule D, Section 5.K(3))
- Fidelity Brokerage Services 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: $222,295,161
- Discretionary: $220,232,177
- Non-discretionary: $2,062,984

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 64 | $55,337,905 |
| High net worth individuals | 55 | $166,611,256 |
| Charitable organizations | 1 | $346,000 |

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

### Firm details
- Registered since: 2023 (3 years)
- Employees: 2 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, MA, NE, PA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the February 2026 filing
- Falmouth, MA

### Websites listed on Form ADV (Item 1.I)
- [flaxpondcapital.com](https://flaxpondcapital.com)
- LinkedIn @christopher-zafiriou-cfa-3311947

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2023 | $145,071,788 | 4 | May 11, 2023 |
| October 2024 | $177,373,697 | 4 | September 3, 2024 |
| October 2025 | $172,761,089 | 3 | February 22, 2025 |
| October 2026 | $222,295,161 | 2 | January 30, 2026 |

Regulatory assets under management: $145,071,788 in the October 2023 data and $222,295,161 in the October 2026 data, up 53%.
Total employees: 4 in October 2023 and 2 in October 2026.

## Changes in the filing (last 12 months)

### February 2026
- Regulatory assets under management went from $172,761,089 to $222,295,161 (+29%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Flax Pond Capital, LLC (CRD 324332): Form ADV filing data as of October 2026.