# Heydorn Stone Capital Management LLC

> Heydorn Stone Capital Management LLC is an SEC-registered investment advisory firm in Larchmont, NY, registered since 2005, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 12, 2026.

- CRD: 125903
- Filed as: HEYDORN STONE CAPITAL MANAGEMENT LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Larchmont, NY
- Filing period: October 2026
- Form ADV filing dated: March 12, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/125903
- AdvisorCensus page: https://advisorcensus.com/firm/heydorn-stone-capital-management-llc-larchmont-ny-125903

## Quick answers

**How is Heydorn Stone Capital Management LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Heydorn Stone Capital Management LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).

**How much does Heydorn Stone Capital Management LLC charge?**
Its Form ADV Part 2A brochure dated March 12, 2026 states: Up to $1,000,000: 1% a year; $1,000,000 to $3,000,000: 0.75% a year; $3,000,000 to $5,000,000: 0.5% a year; Above $5,000,000: 0.25% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Heydorn Stone Capital Management LLC located?**
Heydorn Stone Capital Management LLC's principal office is in Larchmont, NY, according to its Form ADV.

**Is Heydorn Stone Capital Management LLC registered with the SEC or a state?**
Heydorn Stone Capital Management LLC is an SEC-registered investment advisory firm, registered since 2005. Status as filed: Approved. CRD 125903.

**How much does Heydorn Stone Capital Management LLC manage?**
Heydorn Stone Capital Management LLC reports $142,014,260 in regulatory assets under management in its Form ADV filing dated March 12, 2026 (93% discretionary).

**How have Heydorn Stone Capital Management LLC's assets and staff changed since 2021?**
In the Form ADV data for Heydorn Stone Capital Management LLC: Regulatory assets under management: $92,111,952 in the October 2021 data and $142,014,260 in the October 2026 data, up 54%. Total employees: 2 in October 2021 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Heydorn Stone Capital Management LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (63); individuals (other than high net worth individuals) (50); pension and profit sharing plans (but not the plan participants or government pension plans) (2).

**Which custodians does Heydorn Stone Capital Management LLC use?**
Heydorn Stone Capital Management LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Heydorn Stone 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/125903

**Does Heydorn Stone Capital Management LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 12, 2026 says: "The minimum investment relationship size is $500,000.00. Minimum requirement exceptions may be made if the account is part of an existing client relationship or if additional deposits will be made within a reasonable time frame."

**What changed in Heydorn Stone Capital Management LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $125,630,430 to $142,014,260 (+13%). Registered or notice-filed in CT.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated March 12, 2026)

- Up to $1,000,000: 1% a year
- $1,000,000 to $3,000,000: 0.75% a year
- $3,000,000 to $5,000,000: 0.5% a year
- Above $5,000,000: 0.25% a year

> HSCM’s standard fee schedule is: 1.00% per annum on the first $1,000,000 of assets under management 0.75% per annum on the next $2,000,000 of assets under management 0.50% per annum on the next $2,000,000 of assets under management 0.25% per annum on the balance over $5,000,000 under management

- Account minimum: $500,000 (the brochure says it may be waived or negotiated)

> The minimum investment relationship size is $500,000.00. Minimum requirement exceptions may be made if the account is part of an existing client relationship or if additional deposits will be made within a reasonable time frame.

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

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

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: $142,014,260
- Discretionary: $132,010,197
- Non-discretionary: $10,004,063

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 50 | $24,478,305 |
| High net worth individuals | 63 | $114,422,890 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 2 | $1,302,297 |
| Charitable organizations | 2 | $1,810,768 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2005 (21 years)
- Employees: 3 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, CT, FL, MA, NJ, NY, OH, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- heydornstone.com
- Facebook @heydornstone
- LinkedIn @heydorn-capital-management

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $92,111,952 | 2 | April 19, 2021 |
| October 2022 | $101,468,522 | 3 | February 22, 2022 |
| October 2023 | $97,823,693 | 3 | March 23, 2023 |
| October 2024 | $111,447,487 | 3 | March 27, 2024 |
| October 2025 | $125,630,430 | 4 | January 15, 2025 |
| October 2026 | $142,014,260 | 3 | March 12, 2026 |

Regulatory assets under management: $92,111,952 in the October 2021 data and $142,014,260 in the October 2026 data, up 54%.
Total employees: 2 in October 2021 and 3 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $125,630,430 to $142,014,260 (+13%).
- Registered or notice-filed in CT.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Heydorn Stone Capital Management LLC (CRD 125903): Form ADV filing data as of October 2026.