AdvisorCensus / Financial advisors / District of Columbia / Washington / Microvest Capital Management
Microvest Capital Management
Filed as MICROVEST CAPITAL MANAGEMENT · Legal name Microvest Capital Management, LLC
Microvest Capital Management is an SEC-registered investment advisory firm in Washington, DC, registered since 2010, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated April 15, 2026.
Quick answers
From the filingHow is Microvest Capital Management compensated?
On its Form ADV (Item 5.E, October 2026), Microvest Capital Management reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.
Where is Microvest Capital Management located?
Microvest Capital Management's principal office is in Washington, DC, according to its Form ADV.
Is Microvest Capital Management registered with the SEC or a state?
Microvest Capital Management is an SEC-registered investment advisory firm, registered since 2010. Status as filed: Approved. CRD 153395.
How much does Microvest Capital Management manage?
Microvest Capital Management reports $140,250,796 in regulatory assets under management in its Form ADV filing dated April 15, 2026 (99% discretionary).
How have Microvest Capital Management's assets and staff changed since 2021?
In the Form ADV data for Microvest Capital Management: Regulatory assets under management: $235,159,000 in the October 2021 data and $140,250,796 in the October 2026 data, down 40%. Total employees: 19 in October 2021 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Microvest Capital Management serve?
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (6).
Does Microvest Capital Management 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/153395
What changed in Microvest Capital Management's recent Form ADV filings?
In the May 2026 filing data: No longer lists the business name Microvest Asset Management LLC. Changed its legal name from DAI Asset Management, LLC to Microvest Capital Management, LLC. Regulatory assets under management went from $169,653,866 to $140,250,796 (-17%). Updated its list of owners and control persons (Schedule A).
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
- Fixed fees (other than subscription fees)
- 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 2AThe brochure lists different fees for different services or strategies. See the firm's brochure (dated April 15, 2026) for its fees and any account minimum, on the SEC's IAPD site.
Regulatory assets under management
Item 5.F$140,250,796 as of October 2026, filing dated April 15, 2026.
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.DA 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)
- Portfolio management for businesses (other than small businesses) or institutional clients
Registration and firm details
Items 1, 2, 5- Legal name
- Microvest Capital Management, LLC
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2010 (16 years)
- Employees
- Total: 7. Performing investment advisory functions: 3.
- Wrap fee program participation
- No.
- States registered or notice-filed
- Not reported.
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $140,250,796 | 7 | April 15, 2026 |
| October 2025 | $169,653,866 | 7 | March 31, 2025 |
| October 2024 | $226,325,954 | 11 | September 20, 2024 |
| October 2023 | $247,380,113 | 20 | August 19, 2023 |
| October 2022 | $256,245,521 | 22 | September 30, 2022 |
| October 2021 | $235,159,000 | 19 | September 30, 2021 |
Regulatory assets under management: $235,159,000 in the October 2021 data and $140,250,796 in the October 2026 data, down 40%.
Total employees: 19 in October 2021 and 7 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- May 2026
- No longer lists the business name Microvest Asset Management LLC.
- Changed its legal name from DAI Asset Management, LLC to Microvest Capital Management, LLC.
- Regulatory assets under management went from $169,653,866 to $140,250,796 (-17%).
- Updated its list of owners and control persons (Schedule A).
- November 2025
- No longer lists the business name Microvest Capital Management LLC.
- Added the business name Microvest Asset Management LLC.
- Updated its list of owners and control persons (Schedule A).
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.ISource: 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. Microvest Capital Management (CRD 153395): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/microvest-capital-management-washington-dc-153395