{ "crd_number": 313151, "slug": "lw-capital-management-llc-313151", "primary_business_name": "LW CAPITAL MANAGEMENT, LLC", "legal_name": "LW CAPITAL MANAGEMENT, LLC", "dbas": [], "city": null, "state": null, "country": null, "cbsa_code": null, "metro": null, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2022-01-11", "years_registered": 4, "period": "2026-10-01", "filing_date": "2026-04-01", "carried_forward": false, "raum_total": 99435199.0, "raum_discretionary": 99435199.0, "raum_non_discretionary": 0.0, "raum_band": "25m_100m", "raum_band_label": "$25 million to $100 million", "total_employees": 1, "advisory_employees": 1, "client_count_bucket": "fewer_than_5_in_some_types", "clients_by_type": { "pooled_investment_vehicles": { "raum": 68041907.0, "count": 2 }, "corporations_other_businesses": { "raum": 31393292.0, "count": null, "fewer_than_5": true } }, "compensation_types": [ "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [], "websites": [ "https://laughingwatercapital.com", "https://seekingalpha.com/author/laughing-water-capital", "https://twitter.com/laughingh20cap" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/313151", "city_as_filed": null, "url": "https://advisorcensus.com/firm/lw-capital-management-llc-313151", "display_name": "LW Capital Management, LLC", "summary": "LW Capital Management, LLC is an SEC-registered investment advisory firm, registered since 2022, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated April 1, 2026.", "citation": "AdvisorCensus. LW Capital Management, LLC (CRD 313151): 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 pooled investment vehicles (other than investment companies)" ], "quick_answers": [ { "q": "How is LW Capital Management, LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), LW Capital Management, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure." }, { "q": "Is LW Capital Management, LLC registered with the SEC or a state?", "a": "LW Capital Management, LLC is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 313151." }, { "q": "How much does LW Capital Management, LLC manage?", "a": "LW Capital Management, LLC reports $99,435,199 in regulatory assets under management in its Form ADV filing dated April 1, 2026 (100% discretionary)." }, { "q": "How have LW Capital Management, LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for LW Capital Management, LLC: Regulatory assets under management: $45,578,081 in the October 2022 data and $99,435,199 in the October 2026 data, up 118%. Total employees: 1 in October 2022 and 1 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does LW Capital Management, LLC serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (2)." }, { "q": "Which custodians does LW Capital Management, LLC use?", "a": "LW Capital Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists J.P. Morgan Securities LLC as a custodian holding 10% or more of its separately managed account assets." }, { "q": "Does LW Capital Management, 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/313151" } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": null, "total_employees": null, "filing_date": "2021-07-14" }, { "period": "2022-10-01", "regulatory_assets_under_management": 45578081.0, "total_employees": 1, "filing_date": "2022-08-30" }, { "period": "2023-10-01", "regulatory_assets_under_management": 60500000.0, "total_employees": 1, "filing_date": "2023-03-31" }, { "period": "2024-10-01", "regulatory_assets_under_management": 63908673.0, "total_employees": 1, "filing_date": "2024-04-04" }, { "period": "2025-10-01", "regulatory_assets_under_management": 90582581.0, "total_employees": 1, "filing_date": "2025-04-04" }, { "period": "2026-10-01", "regulatory_assets_under_management": 99435199.0, "total_employees": 1, "filing_date": "2026-04-01" } ], "recent_changes": [], "fees_from_brochure": null, "custodians": [ { "name": "J.P. Morgan Securities LLC", "name_as_filed": "J.P. MORGAN SECURITIES LLC", "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/lw-capital-management-llc-313151.md", "clients": [ { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 2, "fewer_than_5": false, "raum": 68041907.0 }, { "type": "corporations_other_businesses", "label": "Corporations or other businesses not listed above", "count": null, "fewer_than_5": true, "raum": 31393292.0 } ], "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/313151", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }