{
  "crd_number": 143766,
  "slug": "spitfire-capital-llc-san-rafael-ca-143766",
  "primary_business_name": "SPITFIRE CAPITAL LLC",
  "legal_name": "SPITFIRE CAPITAL LLC",
  "dbas": [],
  "city": "San Rafael",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "41860",
  "metro": {
    "cbsa_code": "41860",
    "common_name": "San Francisco",
    "msa_name": "San Francisco-Oakland-Fremont, CA",
    "path": "/advisors/ca/san-francisco"
  },
  "registration_type": "state",
  "registration_status": "APPROVED",
  "registration_date": "2024-10-14",
  "years_registered": 1,
  "period": "2026-10-01",
  "filing_date": "2026-03-27",
  "carried_forward": false,
  "raum_total": 86971952.0,
  "raum_discretionary": 86971952.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "25m_100m",
  "raum_band_label": "$25 million to $100 million",
  "total_employees": 4,
  "advisory_employees": 3,
  "client_count_bucket": null,
  "clients_by_type": {
    "pooled_investment_vehicles": {
      "raum": 46676215.0,
      "count": 1
    },
    "corporations_other_businesses": {
      "raum": 40295737.0,
      "count": 2
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA"
  ],
  "websites": [
    "https://linkedin.com/COMPANY/SPITFIRE-CAPITAL-LLC",
    "https://spitfirecap.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/143766",
  "city_as_filed": "SAN RAFAEL",
  "url": "https://advisorcensus.com/firm/spitfire-capital-llc-san-rafael-ca-143766",
  "display_name": "Spitfire Capital LLC",
  "summary": "Spitfire Capital LLC is a state-registered investment advisory firm in San Rafael, CA, registered since 2024, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated March 27, 2026.",
  "citation": "AdvisorCensus. Spitfire Capital LLC (CRD 143766): Form ADV filing data as of October 2026.",
  "registration_type_label": "State-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Spitfire Capital LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Spitfire Capital LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees."
    },
    {
      "q": "Where is Spitfire Capital LLC located?",
      "a": "Spitfire Capital LLC's principal office is in San Rafael, CA, according to its Form ADV."
    },
    {
      "q": "Is Spitfire Capital LLC registered with the SEC or a state?",
      "a": "Spitfire Capital LLC is a state-registered investment advisory firm, registered since 2024. Status as filed: APPROVED. CRD 143766."
    },
    {
      "q": "How much does Spitfire Capital LLC manage?",
      "a": "Spitfire Capital LLC reports $86,971,952 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary)."
    },
    {
      "q": "What types of clients does Spitfire Capital LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: corporations or other businesses not listed above (2); pooled investment vehicles (other than investment companies and business development companies) (1)."
    },
    {
      "q": "Does Spitfire Capital LLC report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/143766"
    }
  ],
  "filing_history": [],
  "recent_changes": [],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/spitfire-capital-llc-san-rafael-ca-143766.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 1,
      "fewer_than_5": false,
      "raum": 46676215.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 2,
      "fewer_than_5": false,
      "raum": 40295737.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/143766",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}