# The Caprock Group, LLC

> The Caprock Group, LLC is an SEC-registered investment advisory firm in Boise, ID, registered since 2002, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated August 7, 2026.

- CRD: 124272
- Filed as: THE CAPROCK GROUP, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Boise, ID
- Filing period: October 2026
- Form ADV filing dated: August 7, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/124272
- AdvisorCensus page: https://advisorcensus.com/firm/the-caprock-group-llc-boise-id-124272

## Quick answers

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

**What does The Caprock Group, LLC's brochure say about its fees?**
Its Form ADV Part 2A brochure dated March 26, 2026 states: Asset-based fee: up to 1% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is The Caprock Group, LLC located?**
The Caprock Group, LLC's principal office is in Boise, ID, according to its Form ADV; the September 2026 filing also lists 9 other offices (Schedule D, Section 1.F).

**Is The Caprock Group, LLC registered with the SEC or a state?**
The Caprock Group, LLC is an SEC-registered investment advisory firm, registered since 2002. Status as filed: Approved. CRD 124272.

**How much does The Caprock Group, LLC manage?**
The Caprock Group, LLC reports $12,479,071,631 in regulatory assets under management in its Form ADV filing dated August 7, 2026 (98% discretionary).

**How have The Caprock Group, LLC's assets and staff changed since 2021?**
In the Form ADV data for The Caprock Group, LLC: Regulatory assets under management: $5,112,908,614 in the October 2021 data and $12,479,071,631 in the October 2026 data, up 144%. Total employees: 33 in October 2021 and 67 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does The Caprock Group, LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (398); individuals (other than high net worth individuals) (22); charitable organizations (16).

**Which custodians does The Caprock Group, LLC use?**
The Caprock Group, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and National Financial Services LLC as custodians holding 10% or more of its separately managed account assets.

**Does The Caprock Group, 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/124272

**What changed in The Caprock Group, LLC's recent Form ADV filings?**
In the September 2026 filing data: Registered or notice-filed in OK.

## 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 26, 2026)

- Asset-based fee: up to 1% of assets a year (the maximum the brochure states)

> The annual fee for Investment Advisor Services will generally be no greater than 1% of assets under management

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

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- National Financial Services LLC

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: $12,479,071,631
- Discretionary: $12,241,628,659
- Non-discretionary: $237,442,972

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 22 | $17,431,621 |
| High net worth individuals | 398 | $11,278,626,792 |
| Charitable organizations | 16 | $1,183,013,218 |

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

### Firm details
- Registered since: 2002 (23 years)
- Employees: 67 total, 38 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, CO, FL, ID, IL, MI, NJ, NY, OK, SC, TX, UT, WA, WI
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the September 2026 filing
- Austin, TX
- Chicago, IL
- Greenwood Village, CO
- Livingston, NJ
- Mercer Island, WA
- Newport Beach, CA
- Park City, UT
- San Jose, CA
- Scottsdale, AZ

### Websites listed on Form ADV (Item 1.I)
- caprock.com
- LinkedIn @caprock-alignedwealth
- X @TheCaprockGroup

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $5,112,908,614 | 33 | June 21, 2021 |
| October 2022 | $5,741,563,357 | 36 | February 18, 2022 |
| October 2023 | $5,919,748,883 | 48 | March 3, 2023 |
| October 2024 | $6,921,595,153 | 50 | June 20, 2024 |
| October 2025 | $10,149,325,042 | 64 | April 15, 2025 |
| October 2026 | $12,479,071,631 | 67 | August 7, 2026 |

Regulatory assets under management: $5,112,908,614 in the October 2021 data and $12,479,071,631 in the October 2026 data, up 144%.
Total employees: 33 in October 2021 and 67 in October 2026.

## Changes in the filing (last 12 months)

### September 2026
- Registered or notice-filed in OK.

### April 2026
- Employees performing advisory functions went from 36 to 38.
- Regulatory assets under management went from $10,149,325,042 to $12,479,071,631 (+23%).
- Changed its office addresses in Chicago, IL.
- Added an office in Greenwood Village, CO.
- Added an office in Livingston, NJ.
- No longer lists an office in Morristown, NJ.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. The Caprock Group, LLC (CRD 124272): Form ADV filing data as of October 2026.