{
  "crd_number": 168339,
  "slug": "i-squared-capital-advisors-us-llc-miami-fl-168339",
  "primary_business_name": "I SQUARED CAPITAL ADVISORS (US) LLC",
  "legal_name": "I SQUARED CAPITAL ADVISORS (US) LLC",
  "dbas": [],
  "city": "Miami",
  "state": "FL",
  "country": "United States",
  "cbsa_code": "33100",
  "metro": {
    "cbsa_code": "33100",
    "common_name": "Miami",
    "msa_name": "Miami-Fort Lauderdale-West Palm Beach, FL",
    "path": "/advisors/fl/miami"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2013-07-05",
  "years_registered": 13,
  "period": "2026-10-01",
  "filing_date": "2026-03-28",
  "carried_forward": false,
  "raum_total": 60085609594.0,
  "raum_discretionary": 59985509594.0,
  "raum_non_discretionary": 100100000.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 331,
  "advisory_employees": 113,
  "client_count_bucket": null,
  "clients_by_type": {
    "pooled_investment_vehicles": {
      "raum": 60085609594.0,
      "count": 76
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "FL"
  ],
  "websites": [
    "https://isquaredcapital.com",
    "https://linkedin.com/company/i-squared-capital"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/168339",
  "city_as_filed": "MIAMI",
  "url": "https://advisorcensus.com/firm/i-squared-capital-advisors-us-llc-miami-fl-168339",
  "display_name": "I Squared Capital Advisors (US) LLC",
  "summary": "I Squared Capital Advisors (US) LLC is an SEC-registered investment advisory firm in Miami, FL, registered since 2013, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 28, 2026.",
  "citation": "AdvisorCensus. I Squared Capital Advisors (US) LLC (CRD 168339): 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 pooled investment vehicles (other than investment companies)"
  ],
  "quick_answers": [
    {
      "q": "How is I Squared Capital Advisors (US) LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), I Squared Capital Advisors (US) 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."
    },
    {
      "q": "Where is I Squared Capital Advisors (US) LLC located?",
      "a": "I Squared Capital Advisors (US) LLC's principal office is in Miami, FL, according to its Form ADV; the April 2026 filing also lists 8 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is I Squared Capital Advisors (US) LLC registered with the SEC or a state?",
      "a": "I Squared Capital Advisors (US) LLC is an SEC-registered investment advisory firm, registered since 2013. Status as filed: Approved. CRD 168339."
    },
    {
      "q": "How much does I Squared Capital Advisors (US) LLC manage?",
      "a": "I Squared Capital Advisors (US) LLC reports $60,085,609,594 in regulatory assets under management in its Form ADV filing dated March 28, 2026 (100% discretionary)."
    },
    {
      "q": "How have I Squared Capital Advisors (US) LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for I Squared Capital Advisors (US) LLC: Regulatory assets under management: $33,484,481,887 in the October 2021 data and $60,085,609,594 in the October 2026 data, up 79%. Total employees: 154 in October 2021 and 331 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does I Squared Capital Advisors (US) LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (76)."
    },
    {
      "q": "Does I Squared Capital Advisors (US) 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/168339"
    },
    {
      "q": "What changed in I Squared Capital Advisors (US) LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 253 to 113."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 33484481887.0,
      "total_employees": 154,
      "filing_date": "2021-07-06"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 42012033349.0,
      "total_employees": 168,
      "filing_date": "2022-08-16"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 48569327558.0,
      "total_employees": 168,
      "filing_date": "2023-03-30"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 47872431820.0,
      "total_employees": 207,
      "filing_date": "2024-08-21"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 60085609594.0,
      "total_employees": 290,
      "filing_date": "2025-03-26"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 60085609594.0,
      "total_employees": 331,
      "filing_date": "2026-03-28"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 253 to 113."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/i-squared-capital-advisors-us-llc-miami-fl-168339.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 76,
      "fewer_than_5": false,
      "raum": 60085609594.0
    }
  ],
  "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/168339",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}