# Vanguard Capital

> Vanguard Capital is an SEC-registered investment advisory firm in Denver, CO, registered since 2016, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated September 1, 2026.

- CRD: 285052
- Filed as: VANGUARD CAPITAL
- Legal name: Vanguard Capital Wealth Advisors, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Denver, CO
- Filing period: October 2026
- Form ADV filing dated: September 1, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/285052
- AdvisorCensus page: https://advisorcensus.com/firm/vanguard-capital-denver-co-285052

## Quick answers

**How is Vanguard Capital compensated?**
On its Form ADV (Item 5.E, October 2026), Vanguard Capital reports these compensation arrangements: a percentage of assets under its management; hourly charges.

**How much does Vanguard Capital charge?**
Its Form ADV Part 2A brochure dated March 23, 2026 states: Hourly rate: $200 an hour (non-portfolio management clients seeking independent financial…). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Vanguard Capital located?**
Vanguard Capital's principal office is in Denver, CO, according to its Form ADV; the October 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Vanguard Capital registered with the SEC or a state?**
Vanguard Capital is an SEC-registered investment advisory firm, registered since 2016. Status as filed: Approved. CRD 285052.

**How much does Vanguard Capital manage?**
Vanguard Capital reports $190,406,969 in regulatory assets under management in its Form ADV filing dated September 1, 2026 (100% discretionary).

**How have Vanguard Capital's assets and staff changed since 2021?**
In the Form ADV data for Vanguard Capital: Regulatory assets under management: $168,365,097 in the October 2021 data and $190,406,969 in the October 2026 data, up 13%. Total employees: 4 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 Vanguard Capital serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (147); high net worth individuals (52).

**Which custodians does Vanguard Capital use?**
Vanguard 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 Vanguard Capital report any disciplinary disclosures?**
Reports 4 disclosure items on Form ADV Item 11: yes answers to 11.D(5) (another regulator's denial, suspension, or revocation of a registration or license, bar, or restriction), 11.E(2) (self-regulatory organization's finding of a rule violation), 11.E(3) (self-regulatory organization's finding of causing a business's authorization to be denied, suspended, revoked, or restricted), and 11.E(4) (self-regulatory organization's expulsion, suspension, bar, or restriction). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/285052

**Does Vanguard Capital state an account minimum?**
Its Form ADV Part 2A brochure dated March 23, 2026 says: "The minimum initial account value for opening an account with our firm is $50,000. We reserve the right to make exceptions, at our discretion, on a case by case basis."

**What changed in Vanguard Capital's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $171,298,998 to $190,406,969 (+11%).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 23, 2026)

- Account minimum: $50,000 (the brochure says it may be waived or negotiated)

> The minimum initial account value for opening an account with our firm is $50,000. We reserve the right to make exceptions, at our discretion, on a case by case basis.

- Hourly rate: $200 an hour (non-portfolio management clients seeking independent financial…)

> Vanguard Capital's standard hourly billing rate for non-portfolio management clients seeking independent financial consultation, on a per project basis, at a rate of $200.00 per hour.

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: $190,406,969
- Discretionary: $190,406,969
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 147 | $46,539,053 |
| High net worth individuals | 52 | $143,867,916 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses

### Firm details
- Registered since: 2016 (9 years)
- Employees: 5 total, 0 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, CO, FL, NV, TN, UT
- Disclosures (Item 11): Reports 4 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.D(5): Has another federal regulator, a state regulator, or a foreign financial regulator ever denied, suspended, or revoked the registration or license of the firm or an advisory affiliate, prevented either by order from associating with an investment-related business, or restricted either one's activity?
- 11.E(2): Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?
- 11.E(3): Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was the cause of an investment-related business having its authorization to do business denied, suspended, revoked, or restricted?
- 11.E(4): Has a self-regulatory organization or a commodities exchange ever disciplined the firm or an advisory affiliate by expelling or suspending it from membership, barring or suspending it from association with other members, or otherwise restricting its activities?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/285052

### Other offices (Schedule D, Section 1.F), as of the October 2026 filing
- Irvine, CA

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

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $168,365,097 | 4 | March 18, 2021 |
| October 2022 | $191,120,098 | 4 | March 24, 2022 |
| October 2023 | $152,923,410 | 1 | March 22, 2023 |
| October 2024 | $194,600,840 | 1 | March 19, 2024 |
| October 2025 | $171,298,998 | 5 | March 19, 2025 |
| October 2026 | $190,406,969 | 5 | September 1, 2026 |

Regulatory assets under management: $168,365,097 in the October 2021 data and $190,406,969 in the October 2026 data, up 13%.
Total employees: 4 in October 2021 and 5 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $171,298,998 to $190,406,969 (+11%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Vanguard Capital (CRD 285052): Form ADV filing data as of October 2026.