# Setpoint Capital

> Setpoint Capital is an SEC-registered investment advisory firm in New York, NY, registered since 2024, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated May 8, 2026.

- CRD: 328702
- Filed as: SETPOINT CAPITAL
- Legal name: Setpoint Management LLC
- Also doing business as: SETPOINT CAPITAL
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: May 8, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/328702
- AdvisorCensus page: https://advisorcensus.com/firm/setpoint-capital-new-york-ny-328702

## Quick answers

**How is Setpoint Capital compensated?**
On its Form ADV (Item 5.E, October 2026), Setpoint Capital reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**How much does Setpoint Capital charge?**
Its Form ADV Part 2A brochure dated April 1, 2026 states: Asset-based fee: 0.4% to 2% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Setpoint Capital located?**
Setpoint Capital's principal office is in New York, NY, according to its Form ADV; the June 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Setpoint Capital registered with the SEC or a state?**
Setpoint Capital is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 328702.

**How much does Setpoint Capital manage?**
Setpoint Capital reports $835,075,131 in regulatory assets under management in its Form ADV filing dated May 8, 2026 (100% discretionary).

**How have Setpoint Capital's assets and staff changed since 2024?**
In the Form ADV data for Setpoint Capital: Regulatory assets under management: $299,866,295 in the October 2024 data and $835,075,131 in the October 2026 data, up 178%. Total employees: 10 in October 2024 and 22 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Setpoint Capital serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (4).

**Which custodians does Setpoint Capital use?**
Setpoint Capital's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists U.S. Bank National Association as a custodian holding 10% or more of its separately managed account assets.

**Does Setpoint 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/328702

**What changed in Setpoint Capital's recent Form ADV filings?**
In the May 2026 filing data: Regulatory assets under management went from $483,459,134 to $835,075,131 (+73%). Employees performing advisory functions went from 11 to 12. Changed its office addresses in Austin, TX.

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated April 1, 2026)

- Asset-based fee: 0.4% to 2% a year (a range, as the brochure states it)

> The Adviser is paid an asset-based investment Management Fee ranging from 0.4% to 2.0% per annum of the net assets of the respective Client account.

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

### Custodians (Schedule D, Section 5.K(3))
- U.S. Bank National Association

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: $835,075,131
- Discretionary: $835,075,131
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 4 | $737,263,087 |
| Corporations or other businesses not listed above | Fewer than 5 | $97,812,044 |

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

### Firm details
- Registered since: 2024 (2 years)
- Employees: 22 total, 12 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the June 2026 filing
- Austin, TX

### Websites listed on Form ADV (Item 1.I)
- setpointcapital.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2024 | $299,866,295 | 10 | March 15, 2024 |
| October 2025 | $483,459,134 | 21 | April 28, 2025 |
| October 2026 | $835,075,131 | 22 | May 8, 2026 |

Regulatory assets under management: $299,866,295 in the October 2024 data and $835,075,131 in the October 2026 data, up 178%.
Total employees: 10 in October 2024 and 22 in October 2026.

## Changes in the filing (last 12 months)

### May 2026
- Regulatory assets under management went from $483,459,134 to $835,075,131 (+73%).
- Employees performing advisory functions went from 11 to 12.
- Changed its office addresses in Austin, TX.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Setpoint Capital (CRD 328702): Form ADV filing data as of October 2026.