AdvisorCensus / Financial advisors / Texas / Austin / Republic Square
Republic Square is an SEC-registered investment advisory firm in Austin, TX, registered since 2023, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 10, 2026.
Quick answers
From the filingHow is Republic Square compensated?
On its Form ADV (Item 5.E, October 2026), Republic Square 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 Republic Square located?
Republic Square's principal office is in Austin, TX, according to its Form ADV.
Is Republic Square registered with the SEC or a state?
Republic Square is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 305018.
How much does Republic Square manage?
Republic Square reports $102,381,734 in regulatory assets under management in its Form ADV filing dated March 10, 2026 (100% discretionary).
How have Republic Square's assets and staff changed since 2023?
In the Form ADV data for Republic Square: Regulatory assets under management: $201,808,012 in the October 2023 data and $102,381,734 in the October 2026 data, down 49%. Total employees: 10 in October 2023 and 9 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Republic Square serve?
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (6).
Does Republic Square 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/305018
What changed in Republic Square's recent Form ADV filings?
In the April 2026 filing data: Regulatory assets under management went from $130,331,691 to $102,381,734 (-21%).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Performance-based fees
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2ASee the firm's brochure (dated March 10, 2026) for its fees and any account minimum, on the SEC's IAPD site.
Regulatory assets under management
Item 5.F$102,381,734 as of October 2026, filing dated March 10, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Portfolio management for pooled investment vehicles (other than investment companies)
- Publication of periodicals or newsletters
Registration and firm details
Items 1, 2, 5- Legal name
- Crowdout Capital LLC
- Also doing business as
- REPUBLIC SQUARE
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2023 (3 years)
- Employees
- Total: 9. Performing investment advisory functions: 7.
- Wrap fee program participation
- No.
- States registered or notice-filed
-
1 state or jurisdiction
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $102,381,734 | 9 | March 10, 2026 |
| October 2025 | $130,331,691 | 10 | March 24, 2025 |
| October 2024 | $199,687,035 | 10 | August 29, 2024 |
| October 2023 | $201,808,012 | 10 | June 23, 2023 |
Regulatory assets under management: $201,808,012 in the October 2023 data and $102,381,734 in the October 2026 data, down 49%.
Total employees: 10 in October 2023 and 9 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- April 2026
- Regulatory assets under management went from $130,331,691 to $102,381,734 (-21%).
- December 2025
- Added the business name Republic Square.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Republic Square (CRD 305018): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/republic-square-austin-tx-305018