# Town Capital

> Town Capital is an SEC-registered investment advisory firm in Bel Air, MD, registered since 2025, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated June 11, 2026.

- CRD: 299341
- Filed as: TOWN CAPITAL
- Legal name: Town Capital, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Bel Air, MD
- Filing period: October 2026
- Form ADV filing dated: June 11, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/299341
- AdvisorCensus page: https://advisorcensus.com/firm/town-capital-bel-air-md-299341

## Quick answers

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

**Where is Town Capital located?**
Town Capital's principal office is in Bel Air, MD, according to its Form ADV.

**Is Town Capital registered with the SEC or a state?**
Town Capital is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 299341.

**How much does Town Capital manage?**
Town Capital reports $168,804,000 in regulatory assets under management in its Form ADV filing dated June 11, 2026 (100% discretionary).

**How have Town Capital's assets and staff changed since 2025?**
In the Form ADV data for Town Capital: Regulatory assets under management: $121,933,927 in the October 2025 data and $168,804,000 in the October 2026 data, up 38%. Total employees: 3 in October 2025 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Town Capital serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (102); high net worth individuals (54).

**Which custodians does Town Capital use?**
Town Capital's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Town Capital 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/299341

**Does Town Capital state an account minimum?**
Its Form ADV Part 2A brochure dated April 28, 2026 says: "There is no written minimum to become a client, but Town Capital reserves the right to choose clients based on any criteria it sees fit."

**What changed in Town Capital's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $121,933,927 to $168,804,000 (+38%).

## 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 April 28, 2026)

- Account minimum: None

> There is no written minimum to become a client, but Town Capital reserves the right to choose clients based on any criteria it sees fit.

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.

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: $168,804,000
- Discretionary: $168,804,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 102 | $48,239,000 |
| High net worth individuals | 54 | $120,565,000 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)
- Educational seminars/workshops
- Other

### Firm details
- Registered since: 2025 (1 year)
- Employees: 2 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: DE, MD, PA, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- towncapitalllc.com
- Facebook @towncapitalllc
- LinkedIn @ryantowncapital
- X @RyanTownCapital

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2025 | $121,933,927 | 3 | April 17, 2025 |
| October 2026 | $168,804,000 | 2 | June 11, 2026 |

Regulatory assets under management: $121,933,927 in the October 2025 data and $168,804,000 in the October 2026 data, up 38%.
Total employees: 3 in October 2025 and 2 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $121,933,927 to $168,804,000 (+38%).

### December 2025
- Employees performing advisory functions went from 3 to 2.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Town Capital (CRD 299341): Form ADV filing data as of October 2026.