# L Capital, LLC

> L Capital, LLC is an SEC-registered investment advisory firm in Windsor, CA, registered since 2024, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 24, 2026.

- CRD: 277098
- Filed as: L CAPITAL, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Windsor, CA
- Filing period: October 2026
- Form ADV filing dated: March 24, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/277098
- AdvisorCensus page: https://advisorcensus.com/firm/l-capital-llc-windsor-ca-277098

## Quick answers

**How is L Capital, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), L Capital, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**Where is L Capital, LLC located?**
L Capital, LLC's principal office is in Windsor, CA, according to its Form ADV.

**Is L Capital, LLC registered with the SEC or a state?**
L Capital, LLC is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 277098.

**How much does L Capital, LLC manage?**
L Capital, LLC reports $197,175,570 in regulatory assets under management in its Form ADV filing dated March 24, 2026 (100% discretionary).

**How have L Capital, LLC's assets and staff changed since 2024?**
In the Form ADV data for L Capital, LLC: Regulatory assets under management: $156,409,675 in the October 2024 data and $197,175,570 in the October 2026 data, up 26%. Total employees: 1 in October 2024 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does L Capital, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (6).

**Does L 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/277098

**What changed in L Capital, LLC's recent Form ADV filings?**
In the December 2025 filing data: Employees performing advisory functions went from 1 to 2.

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $197,175,570
- Discretionary: $197,175,570
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 6 | $197,175,570 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2024 (2 years)
- Employees: 3 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- lcapitalmgmt.com
- LinkedIn @l-capital-llc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2024 | $156,409,675 | 1 | March 15, 2024 |
| October 2025 | $194,954,378 | 1 | March 10, 2025 |
| October 2026 | $197,175,570 | 3 | March 24, 2026 |

Regulatory assets under management: $156,409,675 in the October 2024 data and $197,175,570 in the October 2026 data, up 26%.
Total employees: 1 in October 2024 and 3 in October 2026.

## Changes in the filing (last 12 months)

### December 2025
- Employees performing advisory functions went from 1 to 2.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. L Capital, LLC (CRD 277098): Form ADV filing data as of October 2026.