{
  "crd_number": 310744,
  "slug": "the-invictus-collective-llc-park-ridge-il-310744",
  "primary_business_name": "THE INVICTUS COLLECTIVE, LLC",
  "legal_name": "THE INVICTUS COLLECTIVE, LLC",
  "dbas": [
    "FIRST PRINCIPLE",
    "VERA WEALTH"
  ],
  "city": "Park Ridge",
  "state": "IL",
  "country": "United States",
  "cbsa_code": "16980",
  "metro": {
    "cbsa_code": "16980",
    "common_name": "Chicago",
    "msa_name": "Chicago-Naperville-Elgin, IL-IN",
    "path": "/advisors/il/chicago"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2021-05-12",
  "years_registered": 5,
  "period": "2026-10-01",
  "filing_date": "2026-09-15",
  "carried_forward": false,
  "raum_total": 475988240.0,
  "raum_discretionary": 120228879.0,
  "raum_non_discretionary": 355759361.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 7,
  "advisory_employees": 3,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "high_net_worth_individuals": {
      "raum": 471346924.0,
      "count": 16
    },
    "corporations_other_businesses": {
      "raum": 4641316.0,
      "count": null,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_pooled_vehicles",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "FL",
    "IL",
    "MA",
    "TX",
    "UT"
  ],
  "websites": [
    "https://firstprincipleam.com/institutional",
    "https://linkedin.com/company/the-invictus-collective",
    "https://theinvictuscollective.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/310744",
  "city_as_filed": "PARK RIDGE",
  "url": "https://advisorcensus.com/firm/the-invictus-collective-llc-park-ridge-il-310744",
  "display_name": "The Invictus Collective, LLC",
  "summary": "The Invictus Collective, LLC is an SEC-registered investment advisory firm in Park Ridge, IL, registered since 2021, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated September 15, 2026.",
  "citation": "AdvisorCensus. The Invictus Collective, LLC (CRD 310744): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "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)"
  ],
  "quick_answers": [
    {
      "q": "How is The Invictus Collective, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), The Invictus Collective, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees."
    },
    {
      "q": "Where is The Invictus Collective, LLC located?",
      "a": "The Invictus Collective, LLC's principal office is in Park Ridge, IL, according to its Form ADV; the October 2026 filing also lists 2 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is The Invictus Collective, LLC registered with the SEC or a state?",
      "a": "The Invictus Collective, LLC is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 310744."
    },
    {
      "q": "How much does The Invictus Collective, LLC manage?",
      "a": "The Invictus Collective, LLC reports $475,988,240 in regulatory assets under management in its Form ADV filing dated September 15, 2026 (25% discretionary)."
    },
    {
      "q": "How have The Invictus Collective, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for The Invictus Collective, LLC: Regulatory assets under management: $110,057,572 in the October 2021 data and $475,988,240 in the October 2026 data, up 332%. Total employees: 5 in October 2021 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does The Invictus Collective, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (16)."
    },
    {
      "q": "Which custodians does The Invictus Collective, LLC use?",
      "a": "The Invictus Collective, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Brokerage Services LLC and Stonex Financial Inc. as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does The Invictus Collective, 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 SEC record: https://adviserinfo.sec.gov/firm/summary/310744"
    },
    {
      "q": "What changed in The Invictus Collective, LLC's recent Form ADV filings?",
      "a": "In the October 2026 filing data: Added the business name Vera Wealth. Employees performing advisory functions went from 2 to 3. Added an office in West Chicago, IL. Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 110057572.0,
      "total_employees": 5,
      "filing_date": "2021-09-09"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 292228044.0,
      "total_employees": 5,
      "filing_date": "2022-06-23"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 277093014.0,
      "total_employees": 5,
      "filing_date": "2023-08-15"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 308486242.0,
      "total_employees": 4,
      "filing_date": "2024-07-10"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 399410173.0,
      "total_employees": 2,
      "filing_date": "2025-03-17"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 475988240.0,
      "total_employees": 7,
      "filing_date": "2026-09-15"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-10-01",
      "period_label": "October 2026",
      "notes": [
        "Added the business name Vera Wealth.",
        "Employees performing advisory functions went from 2 to 3.",
        "Added an office in West Chicago, IL.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-07-01",
      "period_label": "July 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-06-01",
      "period_label": "June 2026",
      "notes": [
        "Registered or notice-filed in MA."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $399,410,173 to $475,988,240 (+19%).",
        "Changed its office addresses in Park City, UT."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "Added the business name First Principle.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Fidelity Brokerage Services LLC",
      "name_as_filed": "FIDELITY BROKERAGE SERVICES LLC",
      "affiliated": false
    },
    {
      "name": "Stonex Financial Inc.",
      "name_as_filed": "STONEX FINANCIAL INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/the-invictus-collective-llc-park-ridge-il-310744.md",
  "clients": [
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 16,
      "fewer_than_5": false,
      "raum": 471346924.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": null,
      "fewer_than_5": true,
      "raum": 4641316.0
    }
  ],
  "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/310744",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}