{
  "crd_number": 281038,
  "slug": "florence-capital-advisors-llc-281038",
  "primary_business_name": "FLORENCE CAPITAL ADVISORS, LLC",
  "legal_name": "FLORENCE CAPITAL ADVISORS, LLC",
  "dbas": [],
  "city": null,
  "state": null,
  "country": null,
  "cbsa_code": null,
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2015-08-12",
  "years_registered": 11,
  "period": "2026-10-01",
  "filing_date": "2026-06-01",
  "carried_forward": false,
  "raum_total": 65222470.0,
  "raum_discretionary": 65222470.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "25m_100m",
  "raum_band_label": "$25 million to $100 million",
  "total_employees": 3,
  "advisory_employees": 1,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 200000.0,
      "count": 1,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 91533.0,
      "count": 1
    },
    "high_net_worth_individuals": {
      "raum": 11389882.0,
      "count": 23
    },
    "pooled_investment_vehicles": {
      "raum": 53541055.0,
      "count": 12
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_individuals",
    "portfolio_management_pooled_vehicles",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 3,
  "states_registered": [
    "DE",
    "NY"
  ],
  "websites": [
    "https://florencecapital.com",
    "https://linkedin.com/COMPANY/FLORENCE-CAPITAL-ADVISORS-LLC"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/281038",
  "disclosure_items": [
    {
      "item": "11.C(2)",
      "question": "Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?"
    },
    {
      "item": "11.C(4)",
      "question": "Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?"
    },
    {
      "item": "11.C(5)",
      "question": "Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?"
    }
  ],
  "city_as_filed": null,
  "url": "https://advisorcensus.com/firm/florence-capital-advisors-llc-281038",
  "display_name": "Florence Capital Advisors, LLC",
  "summary": "Florence Capital Advisors, LLC is an SEC-registered investment advisory firm, registered since 2015, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated June 1, 2026.",
  "citation": "AdvisorCensus. Florence Capital Advisors, LLC (CRD 281038): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Florence Capital Advisors, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Florence Capital Advisors, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees."
    },
    {
      "q": "How much does Florence Capital Advisors, LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated June 1, 2026 states: Asset-based fee: 0.5% to 1.25% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Is Florence Capital Advisors, LLC registered with the SEC or a state?",
      "a": "Florence Capital Advisors, LLC is an SEC-registered investment advisory firm, registered since 2015. Status as filed: Approved. CRD 281038."
    },
    {
      "q": "How much does Florence Capital Advisors, LLC manage?",
      "a": "Florence Capital Advisors, LLC reports $65,222,470 in regulatory assets under management in its Form ADV filing dated June 1, 2026 (100% discretionary)."
    },
    {
      "q": "How have Florence Capital Advisors, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Florence Capital Advisors, LLC: Regulatory assets under management: $27,709,712 in the October 2021 data and $65,222,470 in the October 2026 data, up 135%. Total employees: 1 in October 2021 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Florence Capital Advisors, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (23); pooled investment vehicles (other than investment companies and business development companies) (12); individuals (other than high net worth individuals) (1)."
    },
    {
      "q": "Which custodians does Florence Capital Advisors, LLC use?",
      "a": "Florence Capital Advisors, 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 Florence Capital Advisors, LLC report any disciplinary disclosures?",
      "a": "Reports 3 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation), 11.C(4) (SEC or CFTC order), and 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/281038"
    },
    {
      "q": "Does Florence Capital Advisors, LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated June 1, 2026 says: \"FCA does not impose a stated minimum fee or minimum portfolio value for starting and maintaining an investment management relationship.\""
    },
    {
      "q": "What changed in Florence Capital Advisors, LLC's recent Form ADV filings?",
      "a": "In the May 2026 filing data: Registered or notice-filed in DE."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 27709712.0,
      "total_employees": 1,
      "filing_date": "2021-03-31"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 29734627.0,
      "total_employees": 1,
      "filing_date": "2022-06-13"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 116997907.0,
      "total_employees": 1,
      "filing_date": "2023-06-02"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 427315496.0,
      "total_employees": 1,
      "filing_date": "2024-08-26"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 1257199554.0,
      "total_employees": 1,
      "filing_date": "2025-07-08"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 65222470.0,
      "total_employees": 3,
      "filing_date": "2026-06-01"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-05-01",
      "period_label": "May 2026",
      "notes": [
        "Registered or notice-filed in DE."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $1,262,359,554 to $65,222,470 (-95%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated June 1, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": "0.5% to 1.25% a year",
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 0.5% to 1.25% a year (a range, as the brochure states it)"
        ],
        "quotes": [
          "This management fee generally varies between 0.50% and 1.25%, depending upon the size and composition of a client’s portfolio and the type of services rendered."
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "FCA does not impose a stated minimum fee or minimum portfolio value for starting and maintaining an investment management relationship."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": [
        0.5,
        1.25
      ],
      "max_pct": null,
      "account_minimum": 0.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "This management fee generally varies between 0.50% and 1.25%, depending upon the size and composition of a client’s portfolio and the type of services rendered.",
      "FCA does not impose a stated minimum fee or minimum portfolio value for starting and maintaining an investment management relationship."
    ],
    "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/florence-capital-advisors-llc-281038.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 1,
      "fewer_than_5": false,
      "raum": 91533.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 23,
      "fewer_than_5": false,
      "raum": 11389882.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 12,
      "fewer_than_5": false,
      "raum": 53541055.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 1,
      "fewer_than_5": true,
      "raum": 200000.0
    }
  ],
  "disclosure_line": "Reports 3 disclosure items on Form ADV Item 11.",
  "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/281038",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}