# Scout

> Scout is an SEC-registered investment advisory firm, registered since 2022, reporting under $25 million in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 318417
- Filed as: SCOUT
- Legal name: ELV8 Inc.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/318417
- AdvisorCensus page: https://advisorcensus.com/firm/scout-318417

## Quick answers

**How is Scout compensated?**
On its Form ADV (Item 5.E, October 2026), Scout reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees). The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Is Scout registered with the SEC or a state?**
Scout is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 318417.

**How much does Scout manage?**
Scout reports $798,408 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have Scout's assets and staff changed since 2022?**
In the Form ADV data for Scout: Regulatory assets under management: $0 in the October 2022 data and $798,408 in the October 2026 data. Total employees: 2 in October 2022 and 12 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Scout serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (1,246).

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

**Does Scout 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/318417

**What changed in Scout's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $372,132 to $798,408 (+115%). Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- Apex Clearing Corporation

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: $798,408
- Discretionary: $798,408
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 1,246 | $798,408 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)
- Educational seminars/workshops

### Firm details
- Registered since: 2022 (4 years)
- Employees: 12 total, 1 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- scoutftw.com
- Instagram @investwithscout
- TikTok @investwithscout
- X @investwithscout

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | $0 | 2 | August 2, 2022 |
| October 2023 | $73,500 | 6 | March 31, 2023 |
| October 2024 | $216,593 | 6 | September 19, 2024 |
| October 2025 | $372,132 | 12 | March 31, 2025 |
| October 2026 | $798,408 | 12 | March 31, 2026 |

Regulatory assets under management: $0 in the October 2022 data and $798,408 in the October 2026 data.
Total employees: 2 in October 2022 and 12 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $372,132 to $798,408 (+115%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Scout (CRD 318417): Form ADV filing data as of October 2026.