# Fvlcrum Partners, LLC

> Fvlcrum Partners, LLC is an SEC-registered investment advisory firm in Bethesda, MD, registered since 2023, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 310971
- Filed as: FVLCRUM PARTNERS, LLC
- Also doing business as: FVLCRUM FUNDS CAPITAL GROUP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Bethesda, MD
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/310971
- AdvisorCensus page: https://advisorcensus.com/firm/fvlcrum-partners-llc-bethesda-md-310971

## Quick answers

**How is Fvlcrum Partners, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Fvlcrum Partners, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Fvlcrum Partners, LLC located?**
Fvlcrum Partners, LLC's principal office is in Bethesda, MD, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Fvlcrum Partners, LLC registered with the SEC or a state?**
Fvlcrum Partners, LLC is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 310971.

**How much does Fvlcrum Partners, LLC manage?**
Fvlcrum Partners, LLC reports $328,762,350 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary).

**How have Fvlcrum Partners, LLC's assets and staff changed since 2022?**
In the Form ADV data for Fvlcrum Partners, LLC: Regulatory assets under management: $241,098,046 in the October 2023 data and $328,762,350 in the October 2026 data, up 36%. Total employees: 11 in October 2023 and 16 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Fvlcrum Partners, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (3).

**Does Fvlcrum Partners, 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/310971

**What changed in Fvlcrum Partners, LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $298,276,576 to $328,762,350 (+10%). Added an office in Lake Forest, CA. Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $328,762,350
- Discretionary: $328,762,350
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $328,762,350 |

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

### Firm details
- Registered since: 2023 (3 years)
- Employees: 16 total, 11 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: MD
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Lake Forest, CA

### Websites listed on Form ADV (Item 1.I)
- [fvlcrum.com](https://fvlcrum.com)
- LinkedIn @fvlcrum

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | Not reported | Not reported | February 8, 2022 |
| October 2023 | $241,098,046 | 11 | August 18, 2023 |
| October 2024 | $298,170,771 | 11 | July 29, 2024 |
| October 2025 | $298,276,576 | 12 | July 30, 2025 |
| October 2026 | $328,762,350 | 16 | March 30, 2026 |

Regulatory assets under management: $241,098,046 in the October 2023 data and $328,762,350 in the October 2026 data, up 36%.
Total employees: 11 in October 2023 and 16 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $298,276,576 to $328,762,350 (+10%).
- Added an office in Lake Forest, CA.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Fvlcrum Partners, LLC (CRD 310971): Form ADV filing data as of October 2026.