{
  "crd_number": 148572,
  "slug": "ironhorse-capital-llc-nashville-tn-148572",
  "primary_business_name": "IRONHORSE CAPITAL LLC",
  "legal_name": "IRONHORSE CAPITAL LLC",
  "dbas": [
    "IRONHORSE CAPITAL MANAGEMENT"
  ],
  "city": "Nashville",
  "state": "TN",
  "country": "United States",
  "cbsa_code": "34980",
  "metro": {
    "cbsa_code": "34980",
    "common_name": "Nashville",
    "msa_name": "Nashville-Davidson--Murfreesboro--Franklin, TN",
    "path": "/advisors/tn/nashville"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2013-10-30",
  "years_registered": 12,
  "period": "2026-10-01",
  "filing_date": "2026-01-30",
  "carried_forward": false,
  "raum_total": 120503506.0,
  "raum_discretionary": 120503506.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 2,
  "advisory_employees": 2,
  "client_count_bucket": null,
  "clients_by_type": {
    "investment_companies": {
      "raum": 120503506.0,
      "count": 1
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_individuals",
    "portfolio_management_investment_companies"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "TN"
  ],
  "websites": [
    "https://conductoretfs.com",
    "https://goironhorse.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/148572",
  "city_as_filed": "NASHVILLE",
  "url": "https://advisorcensus.com/firm/ironhorse-capital-llc-nashville-tn-148572",
  "display_name": "Ironhorse Capital LLC",
  "summary": "Ironhorse Capital LLC is an SEC-registered investment advisory firm in Nashville, TN, registered since 2013, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated January 30, 2026.",
  "citation": "AdvisorCensus. Ironhorse Capital LLC (CRD 148572): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for investment companies (and business development companies)"
  ],
  "quick_answers": [
    {
      "q": "How is Ironhorse Capital LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Ironhorse Capital LLC reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "Where is Ironhorse Capital LLC located?",
      "a": "Ironhorse Capital LLC's principal office is in Nashville, TN, according to its Form ADV."
    },
    {
      "q": "Is Ironhorse Capital LLC registered with the SEC or a state?",
      "a": "Ironhorse Capital LLC is an SEC-registered investment advisory firm, registered since 2013. Status as filed: Approved. CRD 148572."
    },
    {
      "q": "How much does Ironhorse Capital LLC manage?",
      "a": "Ironhorse Capital LLC reports $120,503,506 in regulatory assets under management in its Form ADV filing dated January 30, 2026 (100% discretionary)."
    },
    {
      "q": "How have Ironhorse Capital LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Ironhorse Capital LLC: Regulatory assets under management: $64,888,978 in the October 2021 data and $120,503,506 in the October 2026 data, up 86%. Total employees: 2 in October 2021 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Ironhorse Capital LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: investment companies (1)."
    },
    {
      "q": "Does Ironhorse Capital 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/148572"
    },
    {
      "q": "Does Ironhorse Capital LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated January 30, 2026 says: \"For separately managed accounts, IronHorse generally requires a minimum account of $250,000 to open a portfolio. Minimums may be waived by IronHorse based on the needs of the client and the complexity of the situation.\""
    },
    {
      "q": "What changed in Ironhorse Capital LLC's recent Form ADV filings?",
      "a": "In the February 2026 filing data: Regulatory assets under management went from $105,186,582 to $120,503,506 (+15%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 64888978.0,
      "total_employees": 2,
      "filing_date": "2021-02-11"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 71860119.0,
      "total_employees": 2,
      "filing_date": "2022-02-17"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 103962640.0,
      "total_employees": 2,
      "filing_date": "2023-03-13"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 107923768.0,
      "total_employees": 2,
      "filing_date": "2024-01-22"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 105186582.0,
      "total_employees": 2,
      "filing_date": "2025-02-03"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 120503506.0,
      "total_employees": 2,
      "filing_date": "2026-01-30"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-02-01",
      "period_label": "February 2026",
      "notes": [
        "Regulatory assets under management went from $105,186,582 to $120,503,506 (+15%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated January 30, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$250,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $250,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "For separately managed accounts, IronHorse generally requires a minimum account of $250,000 to open a portfolio. Minimums may be waived by IronHorse based on the needs of the client and the complexity of the situation."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 250000.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "For separately managed accounts, IronHorse generally requires a minimum account of $250,000 to open a portfolio. Minimums may be waived by IronHorse based on the needs of the client and the complexity of the situation."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/ironhorse-capital-llc-nashville-tn-148572.md",
  "clients": [
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 1,
      "fewer_than_5": false,
      "raum": 120503506.0
    }
  ],
  "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/148572",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}