{ "crd_number": 167238, "slug": "lavaca-capital-llc-houston-tx-167238", "primary_business_name": "LAVACA CAPITAL, LLC", "legal_name": "LAVACA CAPITAL, LLC", "dbas": [], "city": "Houston", "state": "TX", "country": "United States", "cbsa_code": "26420", "metro": { "cbsa_code": "26420", "common_name": "Houston", "msa_name": "Houston-Pasadena-The Woodlands, TX", "path": "/advisors/tx/houston" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2018-04-30", "years_registered": 8, "period": "2026-10-01", "filing_date": "2026-03-31", "carried_forward": false, "raum_total": 927071889.0, "raum_discretionary": 927071889.0, "raum_non_discretionary": 0.0, "raum_band": "500m_1b", "raum_band_label": "$500 million to $1 billion", "total_employees": 4, "advisory_employees": 4, "client_count_bucket": "fewer_than_5_in_some_types", "clients_by_type": { "charitable": { "raum": null, "count": null, "fewer_than_5": true }, "investment_companies": { "raum": 33415062.0, "count": 1 }, "other_investment_advisers": { "raum": 431224707.0, "count": 8 }, "high_net_worth_individuals": { "raum": 385154984.0, "count": 20 }, "pooled_investment_vehicles": { "raum": 77277136.0, "count": 4 } }, "compensation_types": [ "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_businesses_institutional", "portfolio_management_individuals", "portfolio_management_investment_companies", "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "TX" ], "websites": [ "https://lavacacapital.com", "https://linkedin.com/company/lavaca-capital-llc" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/167238", "city_as_filed": "HOUSTON", "url": "https://advisorcensus.com/firm/lavaca-capital-llc-houston-tx-167238", "display_name": "Lavaca Capital, LLC", "summary": "Lavaca Capital, LLC is an SEC-registered investment advisory firm in Houston, TX, registered since 2018, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.", "citation": "AdvisorCensus. Lavaca Capital, LLC (CRD 167238): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Performance-based fees" ], "advisory_activity_labels": [ "Portfolio management for individuals and/or small businesses", "Portfolio management for investment companies (and business development companies)", "Portfolio management for pooled investment vehicles (other than investment companies)", "Portfolio management for businesses (other than small businesses) or institutional clients" ], "quick_answers": [ { "q": "How is Lavaca Capital, LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Lavaca Capital, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees." }, { "q": "Where is Lavaca Capital, LLC located?", "a": "Lavaca Capital, LLC's principal office is in Houston, TX, according to its Form ADV." }, { "q": "Is Lavaca Capital, LLC registered with the SEC or a state?", "a": "Lavaca Capital, LLC is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 167238." }, { "q": "How much does Lavaca Capital, LLC manage?", "a": "Lavaca Capital, LLC reports $927,071,889 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary)." }, { "q": "How have Lavaca Capital, LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for Lavaca Capital, LLC: Regulatory assets under management: $299,566,182 in the October 2021 data and $927,071,889 in the October 2026 data, up 209%. Total employees: 4 in October 2021 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Lavaca Capital, LLC serve?", "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (20); other investment advisers (8); pooled investment vehicles (other than investment companies and business development companies) (4)." }, { "q": "Which custodians does Lavaca Capital, LLC use?", "a": "Lavaca Capital, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., Fidelity Brokerage Services LLC and JPMorgan Chase & Co. as custodians holding 10% or more of its separately managed account assets." }, { "q": "Does Lavaca 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/167238" }, { "q": "What changed in Lavaca Capital, LLC's recent Form ADV filings?", "a": "In the April 2026 filing data: Regulatory assets under management went from $421,041,365 to $927,071,889 (+120%)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 299566182.0, "total_employees": 4, "filing_date": "2021-06-04" }, { "period": "2022-10-01", "regulatory_assets_under_management": 431737274.0, "total_employees": 4, "filing_date": "2022-06-03" }, { "period": "2023-10-01", "regulatory_assets_under_management": 434238664.0, "total_employees": 4, "filing_date": "2023-08-22" }, { "period": "2024-10-01", "regulatory_assets_under_management": 341356397.0, "total_employees": 4, "filing_date": "2024-03-28" }, { "period": "2025-10-01", "regulatory_assets_under_management": 421041365.0, "total_employees": 4, "filing_date": "2025-03-27" }, { "period": "2026-10-01", "regulatory_assets_under_management": 927071889.0, "total_employees": 4, "filing_date": "2026-03-31" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Regulatory assets under management went from $421,041,365 to $927,071,889 (+120%)." ] } ], "fees_from_brochure": null, "custodians": [ { "name": "Charles Schwab & Co., Inc.", "name_as_filed": "CHARLES SCHWAB & CO., INC.", "affiliated": false }, { "name": "Fidelity Brokerage Services LLC", "name_as_filed": "FIDELITY BROKERAGE SERVICES LLC", "affiliated": false }, { "name": "JPMorgan Chase & Co.", "name_as_filed": "JPMORGAN CHASE & CO.", "affiliated": false } ], "custodians_note": "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.", "markdown_url": "https://advisorcensus.com/firm/lavaca-capital-llc-houston-tx-167238.md", "clients": [ { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 20, "fewer_than_5": false, "raum": 385154984.0 }, { "type": "investment_companies", "label": "Investment companies", "count": 1, "fewer_than_5": false, "raum": 33415062.0 }, { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 4, "fewer_than_5": false, "raum": 77277136.0 }, { "type": "charitable", "label": "Charitable organizations", "count": null, "fewer_than_5": true, "raum": null }, { "type": "other_investment_advisers", "label": "Other investment advisers", "count": 8, "fewer_than_5": false, "raum": 431224707.0 } ], "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/167238", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }