# Iconiq Capital, LLC

> Iconiq Capital, LLC is an SEC-registered investment advisory firm in San Francisco, CA, registered since 2011, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated August 12, 2026.

- CRD: 159198
- Filed as: ICONIQ CAPITAL, LLC
- Also doing business as: ICONIQ CAPITAL, ICONIQ CAPITAL GROUP, ICONIQ STRATEGIC MANAGEMENT, ICONIQ STRATEGIC PARTNERS
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: San Francisco, CA
- Filing period: October 2026
- Form ADV filing dated: August 12, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/159198
- AdvisorCensus page: https://advisorcensus.com/firm/iconiq-capital-llc-san-francisco-ca-159198

## Quick answers

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

**Where is Iconiq Capital, LLC located?**
Iconiq Capital, LLC's principal office is in San Francisco, CA, according to its Form ADV; the September 2026 filing also lists 2 other offices (Schedule D, Section 1.F).

**Is Iconiq Capital, LLC registered with the SEC or a state?**
Iconiq Capital, LLC is an SEC-registered investment advisory firm, registered since 2011. Status as filed: Approved. CRD 159198.

**How much does Iconiq Capital, LLC manage?**
Iconiq Capital, LLC reports $117,526,862,202 in regulatory assets under management in its Form ADV filing dated August 12, 2026 (73% discretionary).

**How have Iconiq Capital, LLC's assets and staff changed since 2021?**
In the Form ADV data for Iconiq Capital, LLC: Regulatory assets under management: $60,542,420,314 in the October 2021 data and $117,526,862,202 in the October 2026 data, up 94%. Total employees: 293 in October 2021 and 513 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Iconiq Capital, LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (380); pooled investment vehicles (other than investment companies and business development companies) (353); charitable organizations (113).

**Which custodians does Iconiq Capital, LLC use?**
Iconiq Capital, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., Citigroup Global Markets Inc. and National Financial Services LLC as custodians holding 10% or more of its separately managed account assets.

**Does Iconiq 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/159198

**What changed in Iconiq Capital, LLC's recent Form ADV filings?**
In the May 2026 filing data: 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
- Fixed fees (other than subscription fees)
- Performance-based fees

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- Citigroup Global Markets Inc.
- National Financial 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: $117,526,862,202
- Discretionary: $85,817,396,661
- Non-discretionary: $31,709,465,541

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | Fewer than 5 | $0 |
| High net worth individuals | 380 | $10,772,012,501 |
| Banking or thrift institutions | Fewer than 5 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 353 | $82,645,524,930 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $0 |
| Charitable organizations | 113 | $24,109,324,771 |
| State or municipal government entities (including government pension plans) | Fewer than 5 | $0 |
| Other investment advisers | Fewer than 5 | $0 |
| Insurance companies | Fewer than 5 | $0 |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 | $0 |
| Corporations or other businesses not listed above | Fewer than 5 | $0 |
| Other | Fewer than 5 | $0 |

### Advisory services (Item 5.G)
- 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)
- Other

### Firm details
- Registered since: 2011 (14 years)
- Employees: 513 total, 158 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, FL, NY, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the September 2026 filing
- New York, NY
- Palo Alto, CA

### Websites listed on Form ADV (Item 1.I)
- compass.iconiqcapital.com
- compass.iconiqgrowth.com
- iconiq.com
- iconiqcapital.com
- iconiqgrowth.com
- iconiqideas.com
- medium.com/iconiq-growth
- vimeo.com/iconiqcapital
- Facebook @ICONIQ-CAPITAL-374914372521947
- Instagram @iconiqcapital
- Instagram @iconiqgrowth
- LinkedIn @iconiq-capital-llc
- LinkedIn @iconiq-impact
- X @ICONIQCAPITAL
- X @ICONIQGrowth
- X @ICONIQSTRATEGIC
- X @ICONIQ_CAPITAL
- X @ICONIQ_ISP
- YouTube @ICONIQCapital

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $60,542,420,314 | 293 | March 30, 2021 |
| October 2022 | $89,112,612,606 | 378 | August 25, 2022 |
| October 2023 | $77,239,703,492 | 452 | July 31, 2023 |
| October 2024 | $84,187,372,139 | 451 | July 17, 2024 |
| October 2025 | $95,050,705,302 | 463 | March 27, 2025 |
| October 2026 | $117,526,862,202 | 513 | August 12, 2026 |

Regulatory assets under management: $60,542,420,314 in the October 2021 data and $117,526,862,202 in the October 2026 data, up 94%.
Total employees: 293 in October 2021 and 513 in October 2026.

## Changes in the filing (last 12 months)

### May 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Regulatory assets under management went from $95,050,705,302 to $117,526,862,202 (+24%).
- Employees performing advisory functions went from 136 to 158.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Iconiq Capital, LLC (CRD 159198): Form ADV filing data as of October 2026.