# The Invictus Collective, LLC

> 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.

- CRD: 310744
- Filed as: THE INVICTUS COLLECTIVE, LLC
- Also doing business as: FIRST PRINCIPLE, VERA WEALTH
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Park Ridge, IL
- Filing period: October 2026
- Form ADV filing dated: September 15, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/310744
- AdvisorCensus page: https://advisorcensus.com/firm/the-invictus-collective-llc-park-ridge-il-310744

## Quick answers

**How is The Invictus Collective, LLC compensated?**
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.

**Where is The Invictus Collective, LLC located?**
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).

**Is The Invictus Collective, LLC registered with the SEC or a state?**
The Invictus Collective, LLC is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 310744.

**How much does The Invictus Collective, LLC manage?**
The Invictus Collective, LLC reports $475,988,240 in regulatory assets under management in its Form ADV filing dated September 15, 2026 (25% discretionary).

**How have The Invictus Collective, LLC's assets and staff changed since 2021?**
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.

**What types of clients does The Invictus Collective, LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (16).

**Which custodians does The Invictus Collective, LLC use?**
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.

**Does The Invictus Collective, 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/310744

**What changed in The Invictus Collective, LLC's recent Form ADV filings?**
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).

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- Fidelity Brokerage Services LLC
- Stonex Financial Inc.

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: $475,988,240
- Discretionary: $120,228,879
- Non-discretionary: $355,759,361

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| High net worth individuals | 16 | $471,346,924 |
| Corporations or other businesses not listed above | Fewer than 5 | $4,641,316 |

### 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)

### Firm details
- Registered since: 2021 (5 years)
- Employees: 7 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, IL, MA, TX, UT
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the October 2026 filing
- Park City, UT
- West Chicago, IL

### Websites listed on Form ADV (Item 1.I)
- firstprincipleam.com/institutional
- theinvictuscollective.com
- LinkedIn @the-invictus-collective

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $110,057,572 | 5 | September 9, 2021 |
| October 2022 | $292,228,044 | 5 | June 23, 2022 |
| October 2023 | $277,093,014 | 5 | August 15, 2023 |
| October 2024 | $308,486,242 | 4 | July 10, 2024 |
| October 2025 | $399,410,173 | 2 | March 17, 2025 |
| October 2026 | $475,988,240 | 7 | September 15, 2026 |

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.

## Changes in the filing (last 12 months)

### October 2026
- 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).

### July 2026
- Updated its list of owners and control persons (Schedule A).

### June 2026
- Registered or notice-filed in MA.

### April 2026
- Regulatory assets under management went from $399,410,173 to $475,988,240 (+19%).
- Changed its office addresses in Park City, UT.

### January 2026
- Added the business name First Principle.
- 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 Invictus Collective, LLC (CRD 310744): Form ADV filing data as of October 2026.