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LSCP Advisors, LLC

Austin, TXSEC-registered investment adviserCRD 286018

Filed as LSCP ADVISORS, LLC

LSCP Advisors, LLC is an SEC-registered investment advisory firm in Austin, TX, registered since 2018, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 31, 2026.

7 years
registered since 2018
$233,083,519
assets under management
2 arrangements
Percentage of assets, Performance-based
1
disclosure items (Item 11)

Quick answers

From the filing

How is LSCP Advisors, LLC compensated?

On its Form ADV (Item 5.E, October 2026), LSCP Advisors, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

Where is LSCP Advisors, LLC located?

LSCP Advisors, LLC's principal office is in Austin, TX, according to its Form ADV.

Is LSCP Advisors, LLC registered with the SEC or a state?

LSCP Advisors, LLC is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 286018.

How much does LSCP Advisors, LLC manage?

LSCP Advisors, LLC reports $233,083,519 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

How have LSCP Advisors, LLC's assets and staff changed since 2021?

In the Form ADV data for LSCP Advisors, LLC: Regulatory assets under management: $149,548,464 in the October 2021 data and $233,083,519 in the October 2026 data, up 56%. Total employees: 8 in October 2021 and 16 in October 2026. Assets under management move with markets as well as with clients coming and going.

What types of clients does LSCP Advisors, LLC serve?

By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (5).

Does LSCP Advisors, LLC report any disciplinary disclosures?

Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.H(2) (pending civil proceeding). 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 SEC record: https://adviserinfo.sec.gov/firm/summary/286018

What changed in LSCP Advisors, LLC's recent Form ADV filings?

In the April 2026 filing data: Employees performing advisory functions went from 11 to 8. Regulatory assets under management went from $296,282,950 to $233,083,519 (-21%).

From the Form ADV filing

Every figure below is as the firm filed it with regulators, as of October 2026.

How the firm is compensated

Item 5.E
  • A percentage of assets under your management
  • Performance-based fees

Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ

Fees and minimums

Form ADV Part 2A

See the firm's brochure (dated March 31, 2026) for its fees and any account minimum, on the SEC's IAPD site.

Regulatory assets under management

Item 5.F
$233,083,519

$233,083,519 as of October 2026, filing dated March 31, 2026.

Discretionary: $233,083,519.Non-discretionary: $0.

A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means

Who the firm serves

Item 5.D
Individuals (other than high net worth individuals)
Clients 0 Assets $0 (0%)
High net worth individuals
Clients 0 Assets $0 (0%)
Banking or thrift institutions
Clients 0 Assets $0 (0%)
Investment companies
Clients 0 Assets $0 (0%)
Business development companies
Clients 0 Assets $0 (0%)
Pooled investment vehicles (other than investment companies and business development companies)
Clients 5 Assets $233,083,519 (100%)
Pension and profit sharing plans (but not the plan participants or government pension plans)
Clients 0 Assets $0 (0%)
Charitable organizations
Clients 0 Assets $0 (0%)
State or municipal government entities (including government pension plans)
Clients 0 Assets $0 (0%)
Other investment advisers
Clients 0 Assets $0 (0%)
Insurance companies
Clients 0 Assets $0 (0%)
Sovereign wealth funds and foreign official institutions
Clients 0 Assets $0 (0%)
Corporations or other businesses not listed above
Clients 0 Assets $0 (0%)
Other
Clients 0 Assets $0 (0%)

A firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.

Advisory services

Item 5.G
  • Portfolio management for pooled investment vehicles (other than investment companies)

Registration and firm details

Items 1, 2, 5
Registration
SEC-registered investment adviser. Status as filed: Approved.
Registered since
2018 (7 years)
Employees
Total: 16. Performing investment advisory functions: 8.
Wrap fee program participation
No.
States registered or notice-filed
1 state or jurisdiction
TX

SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration

Disclosures

Item 11

1 Reports 1 disclosure item on Form ADV Item 11. View on IAPD.

Questions answered yes on this filing

Civil court matters Item 11.H

  • 11.H(2) Is the firm or an advisory affiliate now the subject of a civil proceeding that could result in a yes answer to any part of 11.H(1)?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. What happened, and who was involved, is on the Disclosure Reporting Pages of the IAPD record. Reading a firm's disclosures

Assets and staff over time

Items 5.A, 5.F
$150M 2021 $216M 2022 $284M 2023 $524M 2024 $296M 2025 $233M 2026
Data periodAssets under managementEmployeesFiling dated
October 2026$233,083,51916March 31, 2026
October 2025$296,282,95011March 31, 2025
October 2024$523,820,83010March 28, 2024
October 2023$283,635,8878March 31, 2023
October 2022$216,251,6778March 31, 2022
October 2021$149,548,4648April 30, 2021

Regulatory assets under management: $149,548,464 in the October 2021 data and $233,083,519 in the October 2026 data, up 56%.

Total employees: 8 in October 2021 and 16 in October 2026.

As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.

Changes in the filing

Last 12 months
  1. April 2026
    • Employees performing advisory functions went from 11 to 8.
    • Regulatory assets under management went from $296,282,950 to $233,083,519 (-21%).

Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.

Websites listed on Form ADV

Item 1.I
legacystarcapital.com

Source: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."

Cite this page

AdvisorCensus. LSCP Advisors, LLC (CRD 286018): Form ADV filing data as of October 2026.
https://advisorcensus.com/firm/lscp-advisors-llc-austin-tx-286018