# Swan Capital Management, LLC

> Swan Capital Management, LLC is an SEC-registered investment advisory firm in Durango, CO, registered since 2012, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 3, 2026.

- CRD: 164280
- Filed as: SWAN CAPITAL MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Durango, CO
- Filing period: October 2026
- Form ADV filing dated: March 3, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/164280
- AdvisorCensus page: https://advisorcensus.com/firm/swan-capital-management-llc-durango-co-164280

## Quick answers

**How is Swan Capital Management, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Swan Capital Management, LLC reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Swan Capital Management, LLC located?**
Swan Capital Management, LLC's principal office is in Durango, CO, according to its Form ADV.

**Is Swan Capital Management, LLC registered with the SEC or a state?**
Swan Capital Management, LLC is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 164280.

**How much does Swan Capital Management, LLC manage?**
Swan Capital Management, LLC reports $1,300,855,577 in regulatory assets under management in its Form ADV filing dated March 3, 2026 (100% discretionary).

**How have Swan Capital Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for Swan Capital Management, LLC: Regulatory assets under management: $1,412,012,200 in the October 2021 data and $1,300,855,577 in the October 2026 data, down 8%. Total employees: 8 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Swan Capital Management, LLC serve?**
By number of clients on Form ADV Item 5.D: investment companies (8).

**Does Swan Capital Management, LLC 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/164280

**What changed in Swan Capital Management, LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $1,713,924,685 to $1,300,855,577 (-24%).

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $1,300,855,577
- Discretionary: $1,300,855,577
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Investment companies | 8 | $1,300,855,577 |

### Advisory services (Item 5.G)
- Portfolio management for investment companies (and business development companies)

### Firm details
- Registered since: 2012 (14 years)
- Employees: 5 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CO, FL, PR
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

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

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,412,012,200 | 8 | March 12, 2021 |
| October 2022 | $1,542,450,457 | 9 | March 11, 2022 |
| October 2023 | $1,194,660,143 | 7 | March 23, 2023 |
| October 2024 | $1,385,289,297 | 8 | March 19, 2024 |
| October 2025 | $1,713,924,685 | 5 | March 18, 2025 |
| October 2026 | $1,300,855,577 | 5 | March 3, 2026 |

Regulatory assets under management: $1,412,012,200 in the October 2021 data and $1,300,855,577 in the October 2026 data, down 8%.
Total employees: 8 in October 2021 and 5 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $1,713,924,685 to $1,300,855,577 (-24%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Swan Capital Management, LLC (CRD 164280): Form ADV filing data as of October 2026.