{
  "crd_number": 286411,
  "slug": "madison-river-capital-llc-new-york-ny-286411",
  "primary_business_name": "MADISON RIVER CAPITAL LLC",
  "legal_name": "MADISON RIVER CAPITAL LLC",
  "dbas": [],
  "city": "New York",
  "state": "NY",
  "country": "United States",
  "cbsa_code": "35620",
  "metro": {
    "cbsa_code": "35620",
    "common_name": "New York",
    "msa_name": "New York-Newark-Jersey City, NY-NJ",
    "path": "/advisors/ny/new-york"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2023-07-31",
  "years_registered": 3,
  "period": "2026-10-01",
  "filing_date": "2026-03-27",
  "carried_forward": false,
  "raum_total": 1264789763.0,
  "raum_discretionary": 708088098.0,
  "raum_non_discretionary": 556701665.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 14,
  "advisory_employees": 8,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 311959863.0,
      "count": null,
      "description": "FAMILY OFFICES",
      "fewer_than_5": true
    },
    "pooled_investment_vehicles": {
      "raum": 952829900.0,
      "count": 8
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "other",
    "portfolio_management_businesses_institutional",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "NY"
  ],
  "websites": [
    "https://linkedin.com/company/madison-river-capital",
    "https://mrivercapital.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/286411",
  "city_as_filed": "NEW YORK",
  "url": "https://advisorcensus.com/firm/madison-river-capital-llc-new-york-ny-286411",
  "display_name": "Madison River Capital LLC",
  "summary": "Madison River Capital LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2023, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 27, 2026.",
  "citation": "AdvisorCensus. Madison River Capital LLC (CRD 286411): 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)",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Madison River Capital LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Madison River Capital 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": "Where is Madison River Capital LLC located?",
      "a": "Madison River Capital LLC's principal office is in New York, NY, according to its Form ADV."
    },
    {
      "q": "Is Madison River Capital LLC registered with the SEC or a state?",
      "a": "Madison River Capital LLC is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 286411."
    },
    {
      "q": "How much does Madison River Capital LLC manage?",
      "a": "Madison River Capital LLC reports $1,264,789,763 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (56% discretionary)."
    },
    {
      "q": "How have Madison River Capital LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Madison River Capital LLC: Regulatory assets under management: $1,572,684,862 in the October 2023 data and $1,264,789,763 in the October 2026 data, down 20%. Total employees: 11 in October 2023 and 14 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Madison River Capital LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (8)."
    },
    {
      "q": "Does Madison River 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/286411"
    },
    {
      "q": "What changed in Madison River Capital LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 7 to 8. Regulatory assets under management went from $888,643,116 to $1,264,789,763 (+42%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": null,
      "total_employees": null,
      "filing_date": "2021-03-26"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": null,
      "total_employees": null,
      "filing_date": "2022-03-30"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 1572684862.0,
      "total_employees": 11,
      "filing_date": "2023-07-05"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 1291646313.0,
      "total_employees": 11,
      "filing_date": "2024-03-27"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 888643116.0,
      "total_employees": 13,
      "filing_date": "2025-03-31"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 1264789763.0,
      "total_employees": 14,
      "filing_date": "2026-03-27"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 7 to 8.",
        "Regulatory assets under management went from $888,643,116 to $1,264,789,763 (+42%)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/madison-river-capital-llc-new-york-ny-286411.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 8,
      "fewer_than_5": false,
      "raum": 952829900.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": null,
      "fewer_than_5": true,
      "raum": 311959863.0
    }
  ],
  "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/286411",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}