{ "crd_number": 105413, "slug": "potomac-bethesda-md-105413", "primary_business_name": "POTOMAC", "legal_name": "POTOMAC FUND MANAGEMENT INC", "dbas": [], "city": "Bethesda", "state": "MD", "country": "United States", "cbsa_code": "47900", "metro": { "cbsa_code": "47900", "common_name": "Washington", "msa_name": "Washington-Arlington-Alexandria, DC-VA-MD-WV", "path": "/advisors/dc/washington" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "1988-02-04", "years_registered": 38, "period": "2026-10-01", "filing_date": "2026-05-27", "carried_forward": false, "raum_total": 3277115272.0, "raum_discretionary": 3277115272.0, "raum_non_discretionary": 0.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 36, "advisory_employees": 27, "client_count_bucket": null, "clients_by_type": { "individuals": { "raum": 87972445.0, "count": 1137 }, "investment_companies": { "raum": 3100201915.0, "count": 4 }, "high_net_worth_individuals": { "raum": 88940912.0, "count": 120 } }, "compensation_types": [ "percentage_of_aum" ], "advisory_activities": [ "portfolio_management_individuals", "portfolio_management_investment_companies" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "AR", "AZ", "CA", "CO", "FL", "HI", "IA", "IL", "IN", "KS", "MA", "MD", "MI", "MN", "MT", "NC", "NE", "NJ", "NV", "NY", "OH", "OR", "PA", "TN", "TX", "UT", "WA" ], "websites": [ "https://facebook.com/PotomacHQ", "https://instagram.com/potomacofficial", "https://linkedin.com/COMPANY/POTOMACOFFICIAL", "https://potomac.com", "https://x.com/potomacofficial", "https://youtube.com/@potomacstudios" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/105413", "city_as_filed": "BETHESDA", "url": "https://advisorcensus.com/firm/potomac-bethesda-md-105413", "display_name": "Potomac", "summary": "Potomac is an SEC-registered investment advisory firm in Bethesda, MD, registered since 1988, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated May 27, 2026.", "citation": "AdvisorCensus. Potomac (CRD 105413): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management" ], "advisory_activity_labels": [ "Portfolio management for individuals and/or small businesses", "Portfolio management for investment companies (and business development companies)" ], "quick_answers": [ { "q": "How is Potomac compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Potomac reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure." }, { "q": "Where is Potomac located?", "a": "Potomac's principal office is in Bethesda, MD, according to its Form ADV." }, { "q": "Is Potomac registered with the SEC or a state?", "a": "Potomac is an SEC-registered investment advisory firm, registered since 1988. Status as filed: Approved. CRD 105413." }, { "q": "How much does Potomac manage?", "a": "Potomac reports $3,277,115,272 in regulatory assets under management in its Form ADV filing dated May 27, 2026 (100% discretionary)." }, { "q": "How have Potomac's assets and staff changed since 2021?", "a": "In the Form ADV data for Potomac: Regulatory assets under management: $290,703,240 in the October 2021 data and $3,277,115,272 in the October 2026 data, up 1027%. Total employees: 11 in October 2021 and 36 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Potomac serve?", "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (1,137); high net worth individuals (120); investment companies (4)." }, { "q": "Which custodians does Potomac use?", "a": "Potomac's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Fidelity Distributors Company LLC as custodians holding 10% or more of its separately managed account assets." }, { "q": "Does Potomac 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/105413" }, { "q": "What changed in Potomac's recent Form ADV filings?", "a": "In the April 2026 filing data: Employees performing advisory functions went from 25 to 27. Regulatory assets under management went from $2,406,097,311 to $3,277,115,272 (+36%). Registered or notice-filed in PA. Updated its list of owners and control persons (Schedule A)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 290703240.0, "total_employees": 11, "filing_date": "2021-09-29" }, { "period": "2022-10-01", "regulatory_assets_under_management": 353109534.0, "total_employees": 15, "filing_date": "2022-05-16" }, { "period": "2023-10-01", "regulatory_assets_under_management": 1054657970.0, "total_employees": 17, "filing_date": "2023-07-12" }, { "period": "2024-10-01", "regulatory_assets_under_management": 1393170206.0, "total_employees": 24, "filing_date": "2024-06-05" }, { "period": "2025-10-01", "regulatory_assets_under_management": 2406097311.0, "total_employees": 33, "filing_date": "2025-07-30" }, { "period": "2026-10-01", "regulatory_assets_under_management": 3277115272.0, "total_employees": 36, "filing_date": "2026-05-27" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 25 to 27.", "Regulatory assets under management went from $2,406,097,311 to $3,277,115,272 (+36%).", "Registered or notice-filed in PA.", "Updated its list of owners and control persons (Schedule A)." ] }, { "period": "2026-01-01", "period_label": "January 2026", "notes": [ "Registered or notice-filed in AR, MN.", "No longer registered or notice-filed in GA, LA, PA, VA.", "Updated its list of owners and control persons (Schedule A)." ] } ], "fees_from_brochure": null, "custodians": [ { "name": "Charles Schwab & Co., Inc.", "name_as_filed": "CHARLES SCHWAB & CO., INC.", "affiliated": false }, { "name": "Fidelity Distributors Company LLC", "name_as_filed": "FIDELITY DISTRIBUTORS COMPANY LLC", "affiliated": false } ], "custodians_note": "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.", "markdown_url": "https://advisorcensus.com/firm/potomac-bethesda-md-105413.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 1137, "fewer_than_5": false, "raum": 87972445.0 }, { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 120, "fewer_than_5": false, "raum": 88940912.0 }, { "type": "investment_companies", "label": "Investment companies", "count": 4, "fewer_than_5": false, "raum": 3100201915.0 } ], "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/105413", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }