# Rangeley Capital, LLC

> Rangeley Capital, LLC is an SEC-registered investment advisory firm in New Canaan, CT, registered since 2024, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated May 12, 2026.

- CRD: 152725
- Filed as: RANGELEY CAPITAL, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New Canaan, CT
- Filing period: October 2026
- Form ADV filing dated: May 12, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/152725
- AdvisorCensus page: https://advisorcensus.com/firm/rangeley-capital-llc-new-canaan-ct-152725

## Quick answers

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

**Where is Rangeley Capital, LLC located?**
Rangeley Capital, LLC's principal office is in New Canaan, CT, according to its Form ADV.

**Is Rangeley Capital, LLC registered with the SEC or a state?**
Rangeley Capital, LLC is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 152725.

**How much does Rangeley Capital, LLC manage?**
Rangeley Capital, LLC reports $220,487,546 in regulatory assets under management in its Form ADV filing dated May 12, 2026 (100% discretionary).

**How have Rangeley Capital, LLC's assets and staff changed since 2021?**
In the Form ADV data for Rangeley Capital, LLC: Regulatory assets under management: $196,939,177 in the October 2024 data and $220,487,546 in the October 2026 data, up 12%. Total employees: 5 in October 2024 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Rangeley Capital, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (6).

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

**Does Rangeley 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 SEC record: https://adviserinfo.sec.gov/firm/summary/152725

**What changed in Rangeley Capital, LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $185,412,878 to $220,487,546 (+19%).

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- Interactive Brokers 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: $220,487,546
- Discretionary: $220,487,546
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| High net worth individuals | Fewer than 5 | $511,054 |
| Pooled investment vehicles (other than investment companies and business development companies) | 6 | $219,976,492 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2024 (2 years)
- Employees: 5 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CT
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- rangeleycapital.com
- LinkedIn @rangeley-capital-community-fund
- X @rangeleycapital

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | Not reported | Not reported | March 30, 2021 |
| October 2022 | Not reported | Not reported | March 29, 2022 |
| October 2023 | Not reported | Not reported | March 27, 2023 |
| October 2024 | $196,939,177 | 5 | June 26, 2024 |
| October 2025 | $185,412,878 | 5 | May 30, 2025 |
| October 2026 | $220,487,546 | 5 | May 12, 2026 |

Regulatory assets under management: $196,939,177 in the October 2024 data and $220,487,546 in the October 2026 data, up 12%.
Total employees: 5 in October 2024 and 5 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $185,412,878 to $220,487,546 (+19%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Rangeley Capital, LLC (CRD 152725): Form ADV filing data as of October 2026.