# Scratch Capital

> Scratch Capital is an SEC-registered investment advisory firm in Boise, ID, registered since 2024, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 17, 2026.

- CRD: 318835
- Filed as: SCRATCH CAPITAL
- Legal name: Scratch Capital LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Boise, ID
- Filing period: October 2026
- Form ADV filing dated: March 17, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/318835
- AdvisorCensus page: https://advisorcensus.com/firm/scratch-capital-boise-id-318835

## Quick answers

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

**Where is Scratch Capital located?**
Scratch Capital's principal office is in Boise, ID, according to its Form ADV.

**Is Scratch Capital registered with the SEC or a state?**
Scratch Capital is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 318835.

**How much does Scratch Capital manage?**
Scratch Capital reports $230,052,827 in regulatory assets under management in its Form ADV filing dated March 17, 2026 (100% discretionary).

**How have Scratch Capital's assets and staff changed since 2024?**
In the Form ADV data for Scratch Capital: Regulatory assets under management: $114,602,076 in the October 2024 data and $230,052,827 in the October 2026 data, up 101%. Total employees: 3 in October 2024 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Scratch Capital serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (86); high net worth individuals (64); corporations or other businesses not listed above (11).

**Which custodians does Scratch Capital use?**
Scratch Capital's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Altruist and Charles Schwab as custodians holding 10% or more of its separately managed account assets.

**Does Scratch Capital 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/318835

**Does Scratch Capital state an account minimum?**
Its Form ADV Part 2A brochure dated March 17, 2026 says: "Scratch Capital does not require a minimum to open an account."

**What changed in Scratch Capital's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $141,190,334 to $230,052,827 (+63%).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 17, 2026)

- Account minimum: None

> Scratch Capital does not require a minimum to open an account.

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

### Custodians (Schedule D, Section 5.K(3))
- Altruist
- Charles Schwab

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: $230,052,827
- Discretionary: $230,052,827
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 86 | $21,724,902 |
| High net worth individuals | 64 | $187,458,886 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 1 | $74,719 |
| Corporations or other businesses not listed above | 11 | $20,794,320 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2024 (2 years)
- Employees: 4 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, ID, NE, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- scratch-capital.com
- Facebook facebook.com
- Instagram @scratchcapital
- LinkedIn @scratch-capital
- X @scratch_cap

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2024 | $114,602,076 | 3 | August 26, 2024 |
| October 2025 | $141,190,334 | 4 | May 22, 2025 |
| October 2026 | $230,052,827 | 4 | March 17, 2026 |

Regulatory assets under management: $114,602,076 in the October 2024 data and $230,052,827 in the October 2026 data, up 101%.
Total employees: 3 in October 2024 and 4 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $141,190,334 to $230,052,827 (+63%).

### December 2025
- Registered or notice-filed in NE.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Scratch Capital (CRD 318835): Form ADV filing data as of October 2026.