# Protected Capital Management

> Protected Capital Management is a state-registered investment advisory firm, registered since 2011, reporting under $25 million in regulatory assets under management in its Form ADV filing dated March 5, 2026.

- CRD: 106364
- Filed as: PROTECTED CAPITAL MANAGEMENT
- Legal name: Smith Richard Deloy
- Registration: State-registered investment adviser (status as filed: APPROVED)
- Filing period: October 2026
- Form ADV filing dated: March 5, 2026
- Public record (IAPD): https://adviserinfo.sec.gov/firm/summary/106364
- AdvisorCensus page: https://advisorcensus.com/firm/protected-capital-management-106364

## Quick answers

**How is Protected Capital Management compensated?**
On its Form ADV (Item 5.E, October 2026), Protected Capital Management reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Is Protected Capital Management registered with the SEC or a state?**
Protected Capital Management is a state-registered investment advisory firm, registered since 2011. Status as filed: APPROVED. CRD 106364.

**How much does Protected Capital Management manage?**
Protected Capital Management reports $19,858,896 in regulatory assets under management in its Form ADV filing dated March 5, 2026 (100% discretionary).

**What types of clients does Protected Capital Management serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (48); high net worth individuals (6).

**Does Protected Capital Management 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/106364

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $19,858,896
- Discretionary: $19,858,896
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 48 | $11,553,192 |
| High net worth individuals | 6 | $8,305,704 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Publication of periodicals or newsletters

### Firm details
- Registered since: 2011 (15 years)
- Employees: 2 total, 0 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, ID
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Protected Capital Management (CRD 106364): Form ADV filing data as of October 2026.