{
  "crd_number": 167816,
  "slug": "virtue-capital-management-llc-brentwood-tn-167816",
  "primary_business_name": "VIRTUE CAPITAL MANAGEMENT, LLC",
  "legal_name": "VIRTUE CAPITAL MANAGEMENT, LLC",
  "dbas": [],
  "city": "Brentwood",
  "state": "TN",
  "country": "United States",
  "cbsa_code": "34980",
  "metro": {
    "cbsa_code": "34980",
    "common_name": "Nashville",
    "msa_name": "Nashville-Davidson--Murfreesboro--Franklin, TN",
    "path": "/advisors/tn/nashville"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2014-06-25",
  "years_registered": 12,
  "period": "2026-10-01",
  "filing_date": "2026-09-23",
  "carried_forward": false,
  "raum_total": 1310521132.0,
  "raum_discretionary": 1310521132.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 105,
  "advisory_employees": 90,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": 3961579.0,
      "count": 7
    },
    "individuals": {
      "raum": 984063327.0,
      "count": 5657
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": 0
    },
    "state_municipal": {
      "raum": 0.0,
      "count": 0
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": 0
    },
    "investment_companies": {
      "raum": 0.0,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": 0.0,
      "count": 0
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 308169268.0,
      "count": 83
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": 14326958.0,
      "count": 23
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "educational_seminars",
    "financial_planning",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AL",
    "AR",
    "AZ",
    "CA",
    "CO",
    "CT",
    "DE",
    "FL",
    "GA",
    "IA",
    "ID",
    "IL",
    "IN",
    "KS",
    "KY",
    "LA",
    "MA",
    "MD",
    "ME",
    "MI",
    "MN",
    "MO",
    "MS",
    "NC",
    "NE",
    "NH",
    "NJ",
    "NM",
    "NV",
    "NY",
    "OH",
    "OK",
    "OR",
    "PA",
    "RI",
    "SC",
    "TN",
    "TX",
    "UT",
    "VA",
    "WA",
    "WI",
    "WV"
  ],
  "websites": [
    "https://advisorbmc.com",
    "https://dualmomentumportfolios.com",
    "https://facebook.com/virtuecm",
    "https://linkedin.com/company/virtue-capital-management",
    "https://stoplossportfolio.com",
    "https://stoplossportfolios.com",
    "https://twitter.com/virtuecm.com",
    "https://vcmmax10.com",
    "https://vcmmultitrigger.com",
    "https://vcmnashville.com",
    "https://vimeo.com/virtuefinancial",
    "https://virtueadv.com",
    "https://virtuecapitalmanagement.com",
    "https://virtuecm.com",
    "https://virtuecreative.org",
    "https://virtuefinancial.net",
    "https://virtuelaunch.com",
    "https://whyvirtue.com",
    "https://youtube.com/user/virtuecm"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/167816",
  "city_as_filed": "BRENTWOOD",
  "url": "https://advisorcensus.com/firm/virtue-capital-management-llc-brentwood-tn-167816",
  "display_name": "Virtue Capital Management, LLC",
  "summary": "Virtue Capital Management, LLC is an SEC-registered investment advisory firm in Brentwood, TN, registered since 2014, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated September 23, 2026.",
  "citation": "AdvisorCensus. Virtue Capital Management, LLC (CRD 167816): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Educational seminars/workshops"
  ],
  "quick_answers": [
    {
      "q": "How is Virtue Capital Management, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Virtue Capital Management, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "Where is Virtue Capital Management, LLC located?",
      "a": "Virtue Capital Management, LLC's principal office is in Brentwood, TN, according to its Form ADV; the October 2026 filing also lists 64 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Virtue Capital Management, LLC registered with the SEC or a state?",
      "a": "Virtue Capital Management, LLC is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 167816."
    },
    {
      "q": "How much does Virtue Capital Management, LLC manage?",
      "a": "Virtue Capital Management, LLC reports $1,310,521,132 in regulatory assets under management in its Form ADV filing dated September 23, 2026 (100% discretionary)."
    },
    {
      "q": "How have Virtue Capital Management, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Virtue Capital Management, LLC: Regulatory assets under management: $700,319,737 in the October 2021 data and $1,310,521,132 in the October 2026 data, up 87%. Total employees: 139 in October 2021 and 105 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Virtue Capital Management, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (5,657); high net worth individuals (83); corporations or other businesses not listed above (23)."
    },
    {
      "q": "Which custodians does Virtue Capital Management, LLC use?",
      "a": "Virtue Capital Management, LLC'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."
    },
    {
      "q": "Does Virtue Capital Management, 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/167816"
    },
    {
      "q": "Does Virtue Capital Management, LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 30, 2026 says: \"VCM requires a minimum of $1,000 to open and maintain an advisory account or in certain circumstances an account can be established with less than $1,000.\" \"VCM may, at its discretion, accept accounts below the minimum required amount.\""
    },
    {
      "q": "What changed in Virtue Capital Management, LLC's recent Form ADV filings?",
      "a": "In the October 2026 filing data: Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 700319737.0,
      "total_employees": 139,
      "filing_date": "2021-09-27"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 1071516782.0,
      "total_employees": 130,
      "filing_date": "2022-07-05"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 941394286.0,
      "total_employees": 133,
      "filing_date": "2023-09-13"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 787466707.0,
      "total_employees": 110,
      "filing_date": "2024-03-28"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 1208391728.0,
      "total_employees": 108,
      "filing_date": "2025-03-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 1310521132.0,
      "total_employees": 105,
      "filing_date": "2026-09-23"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-10-01",
      "period_label": "October 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Added an office in Antioch, IL.",
        "Added an office in Atlanta, GA.",
        "Added an office in Clinton Township, MI.",
        "Added an office in Grove City, OH.",
        "Added an office in High Point, NC.",
        "Added an office in La Mirada, CA.",
        "Added an office in Venice, FL.",
        "Added an office in Winterpark, FL.",
        "No longer lists an office in Bakersfield, CA.",
        "No longer lists an office in Bartlett, IL.",
        "No longer lists an office in Coral Springs, FL.",
        "No longer lists an office in Long Beach, CA.",
        "No longer lists an office in Longview, TX.",
        "No longer lists an office in Oldsmar, FL.",
        "No longer lists an office in Schaumburg, IL."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 30, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$1,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $1,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "VCM requires a minimum  of $1,000 to open and maintain an advisory account or in certain circumstances an account can be established  with less than $1,000.",
          "VCM may, at its discretion, accept accounts below the minimum required amount."
        ]
      }
    ],
    "quotes": [
      "VCM requires a minimum  of $1,000 to open and maintain an advisory account or in certain circumstances an account can be established  with less than $1,000.",
      "VCM may, at its discretion, accept accounts below the minimum required amount."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., 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/virtue-capital-management-llc-brentwood-tn-167816.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 5657,
      "fewer_than_5": false,
      "raum": 984063327.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 83,
      "fewer_than_5": false,
      "raum": 308169268.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 7,
      "fewer_than_5": false,
      "raum": 3961579.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 23,
      "fewer_than_5": false,
      "raum": 14326958.0
    }
  ],
  "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/167816",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}