# Invictus Fiduciary Services, LLC

> Invictus Fiduciary Services, LLC is an SEC-registered investment advisory firm in Memphis, TN, registered since 2017, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 25, 2026.

- CRD: 286117
- Filed as: INVICTUS FIDUCIARY SERVICES, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Memphis, TN
- Filing period: October 2026
- Form ADV filing dated: March 25, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/286117
- AdvisorCensus page: https://advisorcensus.com/firm/invictus-fiduciary-services-llc-memphis-tn-286117

## Quick answers

**How is Invictus Fiduciary Services, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Invictus Fiduciary Services, LLC reports these compensation arrangements: a percentage of assets under its management.

**Where is Invictus Fiduciary Services, LLC located?**
Invictus Fiduciary Services, LLC's principal office is in Memphis, TN, according to its Form ADV.

**Is Invictus Fiduciary Services, LLC registered with the SEC or a state?**
Invictus Fiduciary Services, LLC is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 286117.

**How much does Invictus Fiduciary Services, LLC manage?**
Invictus Fiduciary Services, LLC reports $1,010,776,132 in regulatory assets under management in its Form ADV filing dated March 25, 2026 (90% discretionary).

**How have Invictus Fiduciary Services, LLC's assets and staff changed since 2021?**
In the Form ADV data for Invictus Fiduciary Services, LLC: Regulatory assets under management: $436,767,461 in the October 2021 data and $1,010,776,132 in the October 2026 data, up 131%. Total employees: 3 in October 2021 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Invictus Fiduciary Services, LLC serve?**
By number of clients on Form ADV Item 5.D: other (33).

**Does Invictus Fiduciary Services, 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/286117

**What changed in Invictus Fiduciary Services, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 3 to 2.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Fees and minimums (Form ADV Part 2A brochure dated March 25, 2026)

- Minimum annual fee: $18,000

> Invictus maintains a minimum annual fee of $ 18,000.00.

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

### Regulatory assets under management (Item 5.F)
- Total: $1,010,776,132
- Discretionary: $913,513,063
- Non-discretionary: $97,263,069

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 33 | $1,010,776,132 |

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

### Firm details
- Registered since: 2017 (9 years)
- Employees: 2 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NC, TN
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- invictusfiduciary.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $436,767,461 | 3 | March 10, 2021 |
| October 2022 | $568,972,959 | 3 | March 15, 2022 |
| October 2023 | $586,450,490 | 3 | March 29, 2023 |
| October 2024 | $645,383,301 | 3 | February 23, 2024 |
| October 2025 | $958,942,053 | 3 | April 17, 2025 |
| October 2026 | $1,010,776,132 | 2 | March 25, 2026 |

Regulatory assets under management: $436,767,461 in the October 2021 data and $1,010,776,132 in the October 2026 data, up 131%.
Total employees: 3 in October 2021 and 2 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 3 to 2.

### February 2026
- Registered or notice-filed in NC.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Invictus Fiduciary Services, LLC (CRD 286117): Form ADV filing data as of October 2026.