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RIA / WealthRegistered adviserasset managerSEC registeredRAUM 100m 1b

STANCE CAPITAL LLC

CRD 284267

BOSTON, MA

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:88e77d28-5015-ce8a-da0c-ba4c9e5d990c

Data as of Apr 9, 2026 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 4:39 AM UTC and rebuilt at most every 15 minutes.

Relationships: 18
Dated events: 4
On other graphs: 1
Observed: Dec 6, 2020 to Apr 9, 2026
13 observations

Across DFX

same identity by shared identifier, citation, or a bridge measured by hand

Allocatorsidentity

Stance Capital LLC

Investment consultant · shared crd

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: asset managerderivedprivate_client_share=0.05 fund_share=0.67 institutional_share=0.28 related_bd=false related_bank=false bd_reps=0.0
Regulatory AUM: $354MItem 5.F on the latest filing (2026-04-09); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $265M
Private client RAUM: $17.8MderivedItem 5.D individuals plus high net worth individuals
Private client share: 5%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 4
RAUM per advisor: $88.6Mderivedthe firm's RAUM over its IAPD headcount: a firm average, never a person's book
Employees: 5
Advisory employees: 5
Offices: 1Schedule D 1.F, beyond the principal office
Accounts: 102
Individual clients: 11
High net worth clients: 14
Custody, client assets: $13.4M
SEC number: 801-120103
CRD: 284267
Filings on the tape: 13
First filed: Dec 6, 2020
Latest filed: Apr 9, 2026
Organised: Limited Liability Company, MA

Advisors on IAPD

current investment adviser representatives on the IAPD individual feed, longest tenure first

Advisor	Designations	Branch	Years here	In industry	Prior firms	Dual registered
WILLIAM HOLLAND DAVIS	n/a	BOSTON, MA	10	16	2	no
KYLE KADAR BALKISSOON	n/a	BOSTON, MA \| New York, NY	5	11	n/a	no
ANDREW KURT NIEBLER	n/a	BOSTON, MA \| BETHESDA, MD	0	10	1	no
VICKI LYNN BENJAMIN	n/a	Bethesda, MD \| BOSTON, MA	0	42	1	no

Private funds

Schedule D 7.B(1); gross asset value as reported, never fund size; reporting ends 2024-12-31

Fund	Type	Reported GAV	As of	Owners	First reported	Status	Form D file
SCARAB FUNDS, LLC	Hedge Fund	$1.4M	May 31, 2024	0	Nov 1, 2012	reported	021-182431

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
ARONSON, JASON, ALEC	CHIEF COMPLIANCE OFFICER	Na	yes	02/2023	Feb 27, 2023	May 31, 2024
BALKISSOON, KYLE, KADAR	MANAGING PARTNER	B	yes	06/2020	Dec 6, 2020	May 31, 2024
DAVIS, WILLIAM, HOLLAND	Trustee	E	yes	12/1993	Dec 6, 2020	May 31, 2024
DAVIS, WILLIAM, HOLLAND	Trustee	E	yes	12/1993	Dec 6, 2020	May 31, 2024
DAVIS, WILLIAM, HOLLAND	Trustee	E	yes	03/1996	Dec 6, 2020	May 31, 2024
DAVIS, WILLIAM, HOLLAND	MANAGING MEMBER	E	yes	05/2016	Dec 6, 2020	May 31, 2024
DAVIS, WILLIAM, HOLLAND	Trustee	E	yes	12/1993	Dec 6, 2020	May 31, 2024
1993 CRUMMEY TRUST U/A 12/20/93 WILLIAM H DAVIS TRUSTEE FBO BENJAMIN T. DAVIS	Member	A	no	12/1993	Dec 6, 2020	May 31, 2024
1993 CRUMMEY TRUST U/A 12/30/93 WILLIAM H DAVIS TRUSTEE FBO CHARLES B. P. DAVIS	Member	A	no	12/1993	Dec 6, 2020	May 31, 2024
1993 CRUMMEY TRUST U/A 12/30/93 WILLIAM H DAVIS TRUSTEE FBO HOLLAND H. DAVIS	Member	A	no	12/1993	Dec 6, 2020	May 31, 2024
1996 CRUMMEY TRUST U/A 03/01/96 WILLIAM H DAVIS TRUSTEE FBO OLIVIA C. DAVIS	Member	A	no	03/1996	Dec 6, 2020	May 31, 2024

Offices

Schedule D 1.F offices beyond the principal office; street addresses are not published

City	State	Country	Employees	Also broker-dealer
NEW YORK	NY	United States	1	no

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line; showing 5 of 6

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2025	Apr 9, 2026	$354M	$265M	5	5	1	n/a	n/a
2023	Mar 27, 2024	$187M	$128M	3	2	0	1	$1.4M
2022	Feb 27, 2023	$140M	$92.5M	3	2	0	n/a	n/a
2021	Feb 3, 2022	$141M	$108M	4	2	0	n/a	n/a
2020	Mar 2, 2021	$106M	$81.1M	2	2	0	n/a	n/a

Advisor flows

derived: registrations beginning and ending at this CRD on IAPD, bulk corporate re-registrations excluded; the rate is departures over IAPD headcount

Joined, 12m	Left, 12m	Net, 12m	Departure rate, 12m	Joined, 90d	Left, 90d	Left, no destination yet	Joined, 36m	Left, 36m
2	0	2	0.0%	1	0	0	2	0

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2025	$354M	n/a	n/a	$140M	36.2%	5	n/a	1	n/a

Teams in

teams that arrived here from one firm together

Other firm	Advisors	First left	Last joined	From	Kind	Move type	Share of firm
KARNER BLUE CAPITAL, LLC	2	Jun 28, 2024	Jun 22, 2026	BETHESDA, MD	Team lift out	Other	100.0%

Relationships

Registered with (4)

← VICKI LYNN BENJAMINAdvisorregistration: current employment
Jun 22, 2026 to presentfactForm ADV
← ANDREW KURT NIEBLERAdvisorregistration: current employment
May 29, 2026 to presentfactForm ADV
← KYLE KADAR BALKISSOONAdvisorregistration: current employment
Oct 15, 2020 to presentfactForm ADV
← WILLIAM HOLLAND DAVISAdvisorregistration: current employment
Jul 27, 2016 to presentfactForm ADV

Affiliated with (1)

← WILLOW PARTNER ADVISORS, LLCRegistered adviserother investment adviser
factForm ADV

Advises (1)

→ SCARAB FUNDS, LLCPrivate fundHedge Fund, IA
Nov 1, 2012 to presentfactForm ADV

Moved with (1)

← KARNER BLUE CAPITAL, LLCRegistered adviser2 advisors, team lift out, same day
Jun 28, 2024 to Jun 22, 2026factForm ADV

Controls (3)

← ARONSON, JASON, ALECOwnerCHIEF COMPLIANCE OFFICER, ownership code NA, individual
Feb 27, 2023 to May 31, 2024factForm ADV
← DAVIS, WILLIAM, HOLLANDOwnerTRUSTEE, ownership code E, individual
Dec 6, 2020 to May 31, 2024factForm ADV
← BALKISSOON, KYLE, KADAROwnerMANAGING PARTNER, ownership code B, individual
Dec 6, 2020 to May 31, 2024factForm ADV

Owns (4)

← 1993 CRUMMEY TRUST U/A 12/20/93 WILLIAM H DAVIS TRUSTEE FBO BENJAMIN T. DAVISOwnerMEMBER, ownership code A, domestic entity
Dec 6, 2020 to May 31, 2024factForm ADV
← 1993 CRUMMEY TRUST U/A 12/30/93 WILLIAM H DAVIS TRUSTEE FBO CHARLES B. P. DAVISOwnerMEMBER, ownership code A, domestic entity
Dec 6, 2020 to May 31, 2024factForm ADV
← 1993 CRUMMEY TRUST U/A 12/30/93 WILLIAM H DAVIS TRUSTEE FBO HOLLAND H. DAVISOwnerMEMBER, ownership code A, domestic entity
Dec 6, 2020 to May 31, 2024factForm ADV
← 1996 CRUMMEY TRUST U/A 03/01/96 WILLIAM H DAVIS TRUSTEE FBO OLIVIA C. DAVISOwnerMEMBER, ownership code A, domestic entity
Dec 6, 2020 to May 31, 2024factForm ADV

Dated events

Occurred
Mar 31, 2026
Regulatory AUM changed
Stance Capital Llc reported RAUM $354.2M, up 55% from $228.4M (2025-05-01 to 2026-03-31)
Form ADVobserved 5 days ago
$126M
Occurred
Jun 28, 2024
Team lift-out
2 advisors left Karner Blue Capital, LLC (Bethesda, MD) for Stance Capital LLC on the same day
Form ADVobserved 4 days ago
2 advisors
Occurred
Feb 27, 2023
Control person joined
Alec Jason Aronson (Chief Compliance Officer) appeared on Schedule A of Stance Capital Llc
Form ADVobserved 5 days ago
Occurred
Dec 6, 2020
First Form ADV filing
Stance Capital Llc filed its initial SEC registration (Form ADV)
Form ADVobserved 5 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:88e77d28-5015-ce8a-da0c-ba4c9e5d990c
First observed: Dec 6, 2020
Last observed: Apr 9, 2026 5 months ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

STANCE CAPITAL LLC

CRD 284267

BOSTON, MA

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:88e77d28-5015-ce8a-da0c-ba4c9e5d990c

Data as of Apr 9, 2026 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 4:39 AM UTC and rebuilt at most every 15 minutes.

Advisor

Designations

Branch

Years here

In industry

Prior firms

Dual registered

WILLIAM HOLLAND DAVIS

n/a

BOSTON, MA

KYLE KADAR BALKISSOON

n/a

BOSTON, MA | New York, NY

n/a

ANDREW KURT NIEBLER

n/a

BOSTON, MA | BETHESDA, MD

VICKI LYNN BENJAMIN

n/a

Bethesda, MD | BOSTON, MA

Fund

Type

Reported GAV

As of

Owners

First reported

Status

Form D file

SCARAB FUNDS, LLC

Hedge Fund

$1.4M

May 31, 2024

Nov 1, 2012

reported

021-182431

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

ARONSON, JASON, ALEC

CHIEF COMPLIANCE OFFICER

yes

02/2023

Feb 27, 2023

May 31, 2024

BALKISSOON, KYLE, KADAR

MANAGING PARTNER

yes

06/2020

Dec 6, 2020

May 31, 2024

DAVIS, WILLIAM, HOLLAND

Trustee

yes

12/1993

Dec 6, 2020

May 31, 2024

DAVIS, WILLIAM, HOLLAND

Trustee

yes

12/1993

Dec 6, 2020

May 31, 2024

DAVIS, WILLIAM, HOLLAND

Trustee

yes

03/1996

Dec 6, 2020

May 31, 2024

DAVIS, WILLIAM, HOLLAND

MANAGING MEMBER

yes

05/2016

Dec 6, 2020

May 31, 2024

DAVIS, WILLIAM, HOLLAND

Trustee

yes

12/1993

Dec 6, 2020

May 31, 2024

1993 CRUMMEY TRUST U/A 12/20/93 WILLIAM H DAVIS TRUSTEE FBO BENJAMIN T. DAVIS

Member

12/1993

Dec 6, 2020

May 31, 2024

1993 CRUMMEY TRUST U/A 12/30/93 WILLIAM H DAVIS TRUSTEE FBO CHARLES B. P. DAVIS

Member

12/1993

Dec 6, 2020

May 31, 2024

1993 CRUMMEY TRUST U/A 12/30/93 WILLIAM H DAVIS TRUSTEE FBO HOLLAND H. DAVIS

Member

12/1993

Dec 6, 2020

May 31, 2024

1996 CRUMMEY TRUST U/A 03/01/96 WILLIAM H DAVIS TRUSTEE FBO OLIVIA C. DAVIS

Member

03/1996

Dec 6, 2020

May 31, 2024

City

State

Country

Employees

Also broker-dealer

NEW YORK

United States

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Apr 9, 2026

$354M

$265M

n/a

2023

Mar 27, 2024

$187M

$128M

$1.4M

2022

Feb 27, 2023

$140M

$92.5M

n/a

2021

Feb 3, 2022

$141M

$108M

n/a

2020

Mar 2, 2021

$106M

$81.1M

n/a

Joined, 12m

Left, 12m

Net, 12m

Departure rate, 12m

Joined, 90d

Left, 90d

Left, no destination yet

Joined, 36m

Left, 36m

0.0%

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$354M

n/a

$140M

36.2%

n/a

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

KARNER BLUE CAPITAL, LLC

Jun 28, 2024

Jun 22, 2026

BETHESDA, MD

Team lift out

Other

100.0%