# Impactassets Capital Partners PB LLC

> Impactassets Capital Partners PB LLC is an SEC-registered investment advisory firm in Bethesda, MD, registered since 2021, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated June 26, 2026.

- CRD: 317840
- Filed as: IMPACTASSETS CAPITAL PARTNERS PB LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Bethesda, MD
- Filing period: October 2026
- Form ADV filing dated: June 26, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/317840
- AdvisorCensus page: https://advisorcensus.com/firm/impactassets-capital-partners-pb-llc-bethesda-md-317840

## Quick answers

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

**Where is Impactassets Capital Partners PB LLC located?**
Impactassets Capital Partners PB LLC's principal office is in Bethesda, MD, according to its Form ADV.

**Is Impactassets Capital Partners PB LLC registered with the SEC or a state?**
Impactassets Capital Partners PB LLC is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 317840.

**How much does Impactassets Capital Partners PB LLC manage?**
Impactassets Capital Partners PB LLC reports $4,945,685,169 in regulatory assets under management in its Form ADV filing dated June 26, 2026 (1% discretionary).

**How have Impactassets Capital Partners PB LLC's assets and staff changed since 2022?**
In the Form ADV data for Impactassets Capital Partners PB LLC: Regulatory assets under management: $613,177,920 in the October 2022 data and $4,945,685,169 in the October 2026 data, up 707%. Total employees: 9 in October 2022 and 15 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Impactassets Capital Partners PB LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (1).

**Which custodians does Impactassets Capital Partners PB LLC use?**
Impactassets Capital Partners PB LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., Morgan Stanley, Northern Trust Securities, Inc. and UBS Financial Services Inc. as custodians holding 10% or more of its separately managed account assets.

**Does Impactassets Capital Partners PB 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/317840

**What changed in Impactassets Capital Partners PB LLC's recent Form ADV filings?**
In the July 2026 filing data: Regulatory assets under management went from $2,893,123,741 to $4,945,685,169 (+71%). 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
- Subscription fees (for a newsletter or periodical)
- Fixed fees (other than subscription fees)

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- Morgan Stanley
- Northern Trust Securities, Inc.
- UBS Financial Services 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: $4,945,685,169
- Discretionary: $60,306,560
- Non-discretionary: $4,885,378,609

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| High net worth individuals | Fewer than 5 | $17,038,821 |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $60,306,560 |
| Charitable organizations | Fewer than 5 | $4,744,340,547 |
| Corporations or other businesses not listed above | Fewer than 5 | $123,999,241 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2021 (4 years)
- Employees: 15 total, 15 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.

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

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | $613,177,920 | 9 | March 23, 2022 |
| October 2023 | $541,592,665 | 9 | March 27, 2023 |
| October 2024 | $1,575,196,506 | 11 | June 27, 2024 |
| October 2025 | $1,803,524,318 | 15 | April 1, 2025 |
| October 2026 | $4,945,685,169 | 15 | June 26, 2026 |

Regulatory assets under management: $613,177,920 in the October 2022 data and $4,945,685,169 in the October 2026 data, up 707%.
Total employees: 9 in October 2022 and 15 in October 2026.

## Changes in the filing (last 12 months)

### July 2026
- Regulatory assets under management went from $2,893,123,741 to $4,945,685,169 (+71%).
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Regulatory assets under management went from $1,803,524,318 to $2,893,123,741 (+60%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Impactassets Capital Partners PB LLC (CRD 317840): Form ADV filing data as of October 2026.