# Passive Capital Management, LLC

> Passive Capital Management, LLC is an SEC-registered investment advisory firm in Syracuse, NY, registered since 2008, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated January 25, 2026.

- CRD: 142870
- Filed as: PASSIVE CAPITAL MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Syracuse, NY
- Filing period: October 2026
- Form ADV filing dated: January 25, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/142870
- AdvisorCensus page: https://advisorcensus.com/firm/passive-capital-management-llc-syracuse-ny-142870

## Quick answers

**How is Passive Capital Management, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Passive Capital Management, LLC reports these compensation arrangements: a percentage of assets under its management.

**Where is Passive Capital Management, LLC located?**
Passive Capital Management, LLC's principal office is in Syracuse, NY, according to its Form ADV; the February 2026 filing also lists 2 other offices (Schedule D, Section 1.F).

**Is Passive Capital Management, LLC registered with the SEC or a state?**
Passive Capital Management, LLC is an SEC-registered investment advisory firm, registered since 2008. Status as filed: Approved. CRD 142870.

**How much does Passive Capital Management, LLC manage?**
Passive Capital Management, LLC reports $996,942,091 in regulatory assets under management in its Form ADV filing dated January 25, 2026 (99% discretionary).

**How have Passive Capital Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for Passive Capital Management, LLC: Regulatory assets under management: $687,300,000 in the October 2021 data and $996,942,091 in the October 2026 data, up 45%. Total employees: 5 in October 2021 and 8 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Passive Capital Management, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (298); high net worth individuals (101); charitable organizations (16).

**Which custodians does Passive Capital Management, LLC use?**
Passive Capital Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Passive 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/142870

**Does Passive Capital Management, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated January 25, 2026 says: "The Adviser does not impose a minimum account requirement on clients."

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Fees and minimums (Form ADV Part 2A brochure dated January 25, 2026)

- Account minimum: None

> The Adviser does not impose a minimum account requirement on clients.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

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.

### Regulatory assets under management (Item 5.F)
- Total: $996,942,091
- Discretionary: $986,632,500
- Non-discretionary: $10,309,591

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 298 | $82,869,603 |
| High net worth individuals | 101 | $747,666,141 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $29,941,245 |
| Charitable organizations | 16 | $78,732,436 |
| Corporations or other businesses not listed above | 9 | $57,732,666 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2008 (18 years)
- Employees: 8 total, 8 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, CO, CT, DC, FL, MA, MD, NC, NH, NJ, NY, PA, TX, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the February 2026 filing
- Baltimore, MD
- Huntingdon Valley, PA

### Websites listed on Form ADV (Item 1.I)
- llinkedin.com/company/passive-capital-managementllc
- passivecapital.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $687,300,000 | 5 | February 24, 2021 |
| October 2022 | $827,646,000 | 7 | April 25, 2022 |
| October 2023 | $794,689,488 | 6 | March 24, 2023 |
| October 2024 | $863,711,585 | 6 | February 22, 2024 |
| October 2025 | $941,460,242 | 8 | April 29, 2025 |
| October 2026 | $996,942,091 | 8 | January 25, 2026 |

Regulatory assets under management: $687,300,000 in the October 2021 data and $996,942,091 in the October 2026 data, up 45%.
Total employees: 5 in October 2021 and 8 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Passive Capital Management, LLC (CRD 142870): Form ADV filing data as of October 2026.