AdvisorCensus / Financial advisors / Texas / Austin / Militia Capital Management, LLC
Militia Capital Management, LLC is an SEC-registered investment advisory firm in Austin, TX, registered since 2025, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated September 10, 2026.
Quick answers
From the filingHow is Militia Capital Management, LLC compensated?
On its Form ADV (Item 5.E, October 2026), Militia Capital Management, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees.
What does Militia Capital Management, LLC's brochure say about its fees?
Its Form ADV Part 2A brochure dated May 5, 2026 states: Asset-based fee: 0.5% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Militia Capital Management, LLC located?
Militia Capital Management, LLC's principal office is in Austin, TX, according to its Form ADV.
Is Militia Capital Management, LLC registered with the SEC or a state?
Militia Capital Management, LLC is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 335763.
How much does Militia Capital Management, LLC manage?
Militia Capital Management, LLC reports $958,643,639 in regulatory assets under management in its Form ADV filing dated September 10, 2026 (100% discretionary).
How have Militia Capital Management, LLC's assets and staff changed since 2025?
In the Form ADV data for Militia Capital Management, LLC: Regulatory assets under management: $370,225,258 in the October 2025 data and $958,643,639 in the October 2026 data, up 159%. Total employees: 1 in October 2025 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Militia Capital Management, LLC serve?
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (1).
Does Militia Capital Management, LLC 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/335763
Does Militia Capital Management, LLC state an account minimum?
Its Form ADV Part 2A brochure dated May 5, 2026 says: "The Fund generally requires a minimum initial investment of $50,000, although this minimum may be waived or reduced at the discretion of the Firm."
What changed in Militia Capital Management, LLC's recent Form ADV filings?
In the June 2026 filing data: Regulatory assets under management went from $1,476,393,754 to $958,643,639 (-35%).
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 2AAsset-based fee: 0.5% of assets a year
The brochure's wording
The Firm receives an annual management fee of 0.5%, charged quarterly in arrears, based on the Fund’s net asset value.
Account minimum: $50,000 (the brochure says it may be waived or negotiated)
The brochure's wording
The Fund generally requires a minimum initial investment of $50,000, although this minimum may be waived or reduced at the discretion of the Firm.
As stated in the firm's Form ADV Part 2A brochure dated May 5, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$958,643,639 as of October 2026, filing dated September 10, 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)
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2025 (1 year)
- Employees
- Total: 7. Performing investment advisory functions: 5.
- Wrap fee program participation
- No.
- States registered or notice-filed
-
2 states or jurisdictions
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 | $958,643,639 | 7 | September 10, 2026 |
| October 2025 | $370,225,258 | 1 | April 1, 2025 |
Regulatory assets under management: $370,225,258 in the October 2025 data and $958,643,639 in the October 2026 data, up 159%.
Total employees: 1 in October 2025 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- June 2026
- Regulatory assets under management went from $1,476,393,754 to $958,643,639 (-35%).
- April 2026
- Employees performing advisory functions went from 1 to 5.
- Regulatory assets under management went from $370,225,258 to $1,476,393,754 (+299%).
- Registered or notice-filed in TX.
- 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. Militia Capital Management, LLC (CRD 335763): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/militia-capital-management-llc-austin-tx-335763