{
  "crd_number": 298788,
  "slug": "investment-capital-advisors-clinton-nj-298788",
  "primary_business_name": "INVESTMENT CAPITAL ADVISORS",
  "legal_name": "INVESTMENT CAPITAL ADVISORS LLC",
  "dbas": [],
  "city": "Clinton",
  "state": "NJ",
  "country": "United States",
  "cbsa_code": "35620",
  "metro": {
    "cbsa_code": "35620",
    "common_name": "New York",
    "msa_name": "New York-Newark-Jersey City, NY-NJ",
    "path": "/advisors/ny/new-york"
  },
  "registration_type": "state",
  "registration_status": "APPROVED",
  "registration_date": "2019-01-14",
  "years_registered": 7,
  "period": "2026-10-01",
  "filing_date": "2026-03-09",
  "carried_forward": false,
  "raum_total": 109961139.0,
  "raum_discretionary": 109961139.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 1,
  "advisory_employees": 1,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 36069701.0,
      "count": 292
    },
    "high_net_worth_individuals": {
      "raum": 73891438.0,
      "count": 81
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 1,
  "states_registered": [
    "DE",
    "FL",
    "LA",
    "NC",
    "NJ",
    "PA",
    "SC",
    "VA"
  ],
  "websites": [
    "https://anthonylocascio.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/298788",
  "disclosure_items": [
    {
      "item": "11.D(1)",
      "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate made a false statement or omission, or was dishonest, unfair, or unethical?"
    }
  ],
  "city_as_filed": "CLINTON",
  "url": "https://advisorcensus.com/firm/investment-capital-advisors-clinton-nj-298788",
  "display_name": "Investment Capital Advisors",
  "summary": "Investment Capital Advisors is a state-registered investment advisory firm in Clinton, NJ, registered since 2019, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 9, 2026.",
  "citation": "AdvisorCensus. Investment Capital Advisors (CRD 298788): Form ADV filing data as of October 2026.",
  "registration_type_label": "State-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is Investment Capital Advisors compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Investment Capital Advisors reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees). The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Investment Capital Advisors located?",
      "a": "Investment Capital Advisors' principal office is in Clinton, NJ, according to its Form ADV."
    },
    {
      "q": "Is Investment Capital Advisors registered with the SEC or a state?",
      "a": "Investment Capital Advisors is a state-registered investment advisory firm, registered since 2019. Status as filed: APPROVED. CRD 298788."
    },
    {
      "q": "How much does Investment Capital Advisors manage?",
      "a": "Investment Capital Advisors reports $109,961,139 in regulatory assets under management in its Form ADV filing dated March 9, 2026 (100% discretionary)."
    },
    {
      "q": "What types of clients does Investment Capital Advisors serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (292); high net worth individuals (81)."
    },
    {
      "q": "Does Investment Capital Advisors report any disciplinary disclosures?",
      "a": "Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.D(1) (another regulator's finding of a false statement or omission, or of dishonest, unfair, or unethical conduct). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/298788"
    }
  ],
  "filing_history": [],
  "recent_changes": [],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/investment-capital-advisors-clinton-nj-298788.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 292,
      "fewer_than_5": false,
      "raum": 36069701.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 81,
      "fewer_than_5": false,
      "raum": 73891438.0
    }
  ],
  "disclosure_line": "Reports 1 disclosure item on Form ADV Item 11.",
  "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/298788",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}