# Proficio Capital Partners LLC

> Proficio Capital Partners LLC is an SEC-registered investment advisory firm in Newton, MA, registered since 2015, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated September 1, 2026.

- CRD: 269931
- Filed as: PROFICIO CAPITAL PARTNERS LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Newton, MA
- Filing period: October 2026
- Form ADV filing dated: September 1, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/269931
- AdvisorCensus page: https://advisorcensus.com/firm/proficio-capital-partners-llc-newton-ma-269931

## Quick answers

**How is Proficio Capital Partners LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Proficio Capital Partners LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees.

**How much does Proficio Capital Partners LLC charge?**
Its Form ADV Part 2A brochure dated March 30, 2026 states: Flat fee: up to $1,500,000 a year (additional services required, the amount of assets under management or in…); Flat fee: up to $500,000 a year (advice on unmanaged assets). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Proficio Capital Partners LLC located?**
Proficio Capital Partners LLC's principal office is in Newton, MA, according to its Form ADV; the October 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Proficio Capital Partners LLC registered with the SEC or a state?**
Proficio Capital Partners LLC is an SEC-registered investment advisory firm, registered since 2015. Status as filed: Approved. CRD 269931.

**How much does Proficio Capital Partners LLC manage?**
Proficio Capital Partners LLC reports $8,173,568,643 in regulatory assets under management in its Form ADV filing dated September 1, 2026 (93% discretionary).

**How have Proficio Capital Partners LLC's assets and staff changed since 2021?**
In the Form ADV data for Proficio Capital Partners LLC: Regulatory assets under management: $2,354,637,089 in the October 2021 data and $8,173,568,643 in the October 2026 data, up 247%. Total employees: 14 in October 2021 and 25 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Proficio Capital Partners LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (143); pooled investment vehicles (other than investment companies and business development companies) (9); other investment advisers (6).

**Which custodians does Proficio Capital Partners LLC use?**
Proficio Capital Partners LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists National Financial Services LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Proficio Capital Partners 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/269931

**Does Proficio Capital Partners LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 30, 2026 says: "Proficio has a minimum initial investment from clients of $20,000,000, although Proficio may accept lesser amounts in its sole discretion."

**What changed in Proficio Capital Partners LLC's recent Form ADV filings?**
In the October 2026 filing data: Regulatory assets under management went from $5,266,070,265 to $8,173,568,643 (+55%). Registered or notice-filed in ID, LA.

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 30, 2026)

- Account minimum: $20,000,000 (the brochure says it may be waived or negotiated)

> Proficio has a minimum initial investment from clients of $20,000,000, although Proficio may accept lesser amounts in its sole discretion.

- Flat fee: up to $1,500,000 a year (additional services required, the amount of assets under management or in…)

> clients are charged a fixed annual fee of up to $1,500,000 depending on additional services required, the amount of assets under management or in lieu of a percentage

- Flat fee: up to $500,000 a year (advice on unmanaged assets)

> Proficio provides advice on unmanaged assets in exchange for a fixed oversight fee that can be as high as $500,000 per year depending on the amounts involved and other services provided.

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

### Custodians (Schedule D, Section 5.K(3))
- National Financial Services LLC

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: $8,173,568,643
- Discretionary: $7,637,771,487
- Non-discretionary: $535,797,156

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| High net worth individuals | 143 | $7,177,874,367 |
| Investment companies | 1 | $95,258,340 |
| Pooled investment vehicles (other than investment companies and business development companies) | 9 | $338,834,802 |
| Other investment advisers | 6 | $55,135,515 |
| Corporations or other businesses not listed above | 1 | $506,465,619 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies (and business development companies)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2015 (11 years)
- Employees: 25 total, 11 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, CO, CT, DE, FL, GA, ID, IL, LA, MA, MD, ME, MI, MT, NC, NH, NJ, NV, NY, OH, OR, PA, RI, SC, SD, TX, VA, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the October 2026 filing
- Miami, FL

### Websites listed on Form ADV (Item 1.I)
- proficiocap.com
- LinkedIn @10176061

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $2,354,637,089 | 14 | March 29, 2021 |
| October 2022 | $2,856,308,685 | 16 | May 16, 2022 |
| October 2023 | $3,310,160,575 | 16 | September 5, 2023 |
| October 2024 | $2,974,544,510 | 18 | April 8, 2024 |
| October 2025 | $3,977,503,248 | 21 | June 11, 2025 |
| October 2026 | $8,173,568,643 | 25 | September 1, 2026 |

Regulatory assets under management: $2,354,637,089 in the October 2021 data and $8,173,568,643 in the October 2026 data, up 247%.
Total employees: 14 in October 2021 and 25 in October 2026.

## Changes in the filing (last 12 months)

### October 2026
- Regulatory assets under management went from $5,266,070,265 to $8,173,568,643 (+55%).
- Registered or notice-filed in ID, LA.

### April 2026
- Employees performing advisory functions went from 10 to 11.
- Regulatory assets under management went from $3,977,503,248 to $5,266,070,265 (+32%).
- Registered or notice-filed in WA.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Proficio Capital Partners LLC (CRD 269931): Form ADV filing data as of October 2026.