# Phase Line Capital, LLC

> Phase Line Capital, LLC is a state-registered investment advisory firm in Atlanta, GA, registered since 2024, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated March 10, 2026.

- CRD: 315116
- Filed as: PHASE LINE CAPITAL, LLC
- Registration: State-registered investment adviser (status as filed: APPROVED)
- Location: Atlanta, GA
- Filing period: October 2026
- Form ADV filing dated: March 10, 2026
- Public record (IAPD): https://adviserinfo.sec.gov/firm/summary/315116
- AdvisorCensus page: https://advisorcensus.com/firm/phase-line-capital-llc-atlanta-ga-315116

## Quick answers

**How is Phase Line Capital, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Phase Line Capital, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees). The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Phase Line Capital, LLC located?**
Phase Line Capital, LLC's principal office is in Atlanta, GA, according to its Form ADV.

**Is Phase Line Capital, LLC registered with the SEC or a state?**
Phase Line Capital, LLC is a state-registered investment advisory firm, registered since 2024. Status as filed: APPROVED. CRD 315116.

**How much does Phase Line Capital, LLC manage?**
Phase Line Capital, LLC reports $52,334,000 in regulatory assets under management in its Form ADV filing dated March 10, 2026 (99% discretionary).

**How have Phase Line Capital, LLC's assets and staff changed since 2021?**
In the Form ADV data for Phase Line Capital, LLC: Regulatory assets under management: $0 in the October 2021 data and $52,334,000 in the October 2026 data. Total employees: 4 in October 2021 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Phase Line Capital, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (118); high net worth individuals (23); charitable organizations (1).

**Does Phase Line Capital, LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/315116

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Regulatory assets under management (Item 5.F)
- Total: $52,334,000
- Discretionary: $51,970,000
- Non-discretionary: $364,000

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 118 | $16,994,000 |
| High net worth individuals | 23 | $30,940,000 |
| Charitable organizations | 1 | $4,400,000 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2024 (2 years)
- Employees: 3 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: GA, NC
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- phaselinecapital.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $0 | 4 | September 29, 2021 |
| October 2022 | $115,260,057 | 5 | July 19, 2022 |
| October 2023 | $138,222,303 | 2 | July 12, 2023 |
| October 2026 | $52,334,000 | 3 | March 10, 2026 |

Regulatory assets under management: $0 in the October 2021 data and $52,334,000 in the October 2026 data.
Total employees: 4 in October 2021 and 3 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Phase Line Capital, LLC (CRD 315116): Form ADV filing data as of October 2026.