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RIA / WealthRegistered adviserindependent wealth managerSEC registeredRAUM 100m 1b

MONTCALM TCR LLC

CRD 164521

SAN FRANCISCO, CA

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:e5bd4699-6185-3202-a500-79dc7c0e01d2

Data as of Mar 11, 2026 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 9:45 AM UTC and rebuilt at most every 15 minutes.

Relationships: 8
Dated events: 1
On other graphs: 1
Observed: Sep 6, 2012 to Mar 11, 2026
36 observations

Across DFX

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

Independent Sponsorsidentity

Montcalm Tcr LLC

Capital provider to sponsors · shared crd

Facts

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

Firm class: independent wealth managerderivedprivate_client_share=0.98 fund_share=0.0 institutional_share=0.02 related_bd=false related_bank=false bd_reps=0.0
Regulatory AUM: $238MItem 5.F on the latest filing (2026-03-11); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $238M
Private client RAUM: $234MderivedItem 5.D individuals plus high net worth individuals
Private client share: 98%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 2
RAUM per advisor: $119Mderivedthe firm's RAUM over its IAPD headcount: a firm average, never a person's book
Employees: 4
Advisory employees: 3
Offices: 0Schedule D 1.F, beyond the principal office
Accounts: 973
Individual clients: 73
High net worth clients: 59
Private funds: 1Schedule D 7.B(1)
Custody, client assets: $831,827
SEC number: 801-77138
CRD: 164521
Filings on the tape: 36
First filed: Sep 6, 2012
Latest filed: Mar 11, 2026
Organised: Limited Liability Company, CA
Website: montcalmtcr.addepar.com

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
HOLLY ZIEGEL RUXIN	n/a	SAN FRANCISCO, CA	3	29	4	no
David Aaron Ruxin	n/a	SAN FRANCISCO, CA	2	13	n/a	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
MONTCALM CAPITAL FUND I LP	Other Private Fund	$4.0M	Apr 1, 2021	37	Oct 25, 2018	dropped	n/a
MONTCALM CAPITAL FUND I LP - CLEARAS 2018 SERIES P.S.	Other Private Fund	$3.0M	Jun 17, 2024	66	Nov 5, 2019	reported	021-335437

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
RUXIN, HOLLY, ZIEGEL	MEMBER- MANAGER, CHIEF EXECUTIVE OFFICER, CHIEF COMPLIANCE OFFICER	E	yes	08/2012	Sep 6, 2012	Jun 17, 2024

Affiliates (Item 7.A)

as filed on Item 7.A; a related person with a CRD on the graph links to its own page

Related person	Type	Class on the graph	Its RAUM	Control	Common control	State
MONTCALM CAPITAL FUND I GP, LLC	n/a	n/a	n/a	N	yes	n/a

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

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2025	Mar 11, 2026	$238M	$238M	4	3	0	1	n/a
2024	Mar 27, 2025	$223M	$223M	4	3	0	1	n/a
2023	Mar 12, 2024	$199M	$199M	3	2	0	1	$3.0M
2022	Mar 30, 2023	$184M	$184M	3	2	0	n/a	n/a
2021	Mar 30, 2022	$183M	$183M	3	2	0	n/a	n/a
2020	Apr 1, 2021	$172M	$172M	3	1	0	1	$4.0M
2019	Apr 1, 2020	$188M	$188M	4	1	0	1	$1.8M
2018	Mar 26, 2019	$173M	$173M	4	2	0	1	$1.0M
2017	Feb 28, 2018	$167M	$167M	3	2	0	n/a	n/a
2016	Mar 21, 2017	$140M	$140M	3	2	n/a	n/a	n/a
2015	Mar 28, 2016	$134M	$134M	2	2	n/a	n/a	n/a
2014	Mar 19, 2015	$122M	$122M	3	3	n/a	n/a	n/a
2013	Mar 19, 2014	$116M	$116M	5	3	n/a	n/a	n/a
2012	Apr 29, 2013	$126M	$126M	6	4	n/a	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
0	0	0	0.0%	0	0	0	0	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	$238M	$223M	6.3%	$184M	8.9%	4	4	0	0

Relationships

Advises (2)

→ MONTCALM CAPITAL FUND I LP - CLEARAS 2018 SERIES P.S.Private fundOther Private Fund, IA
Nov 5, 2019 to presentfactForm ADV
→ MONTCALM CAPITAL FUND I LPPrivate fundOther Private Fund, IA, no longer reported
Oct 25, 2018 to Apr 1, 2021factForm ADV

Registered with (4)

← David Aaron RuxinAdvisorregistration: current employment
Jun 15, 2024 to presentfactForm ADV
← HOLLY ZIEGEL RUXINAdvisorregistration: current employment
Mar 23, 2023 to presentfactForm ADV
← Nicole Lynne BilottoAdvisorregistration: previous registration
Jul 5, 2018 to May 7, 2019factForm ADV
← KRISTEN ELYSSA TAYLORAdvisorregistration: previous registration
Oct 25, 2012 to Jul 17, 2018factForm ADV

Affiliated with (1)

← MONTCALM CAPITAL MANAGEMENT LLCRegistered adviserother investment adviser, common control
factForm ADV

Controls (1)

← RUXIN, HOLLY, ZIEGELOwnerMEMBER- MANAGER, CHIEF EXECUTIVE OFFICER, CHIEF COMPLIANCE OFFICER, ownership code E, individual
Sep 6, 2012 to Jun 17, 2024factForm ADV

Dated events

Occurred
Sep 6, 2012
First Form ADV filing
Enlighten Capital filed its initial SEC registration (Form ADV)
Form ADVobserved 5 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:e5bd4699-6185-3202-a500-79dc7c0e01d2
First observed: Sep 6, 2012
Last observed: Mar 11, 2026 6 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.

MONTCALM TCR LLC

CRD 164521

SAN FRANCISCO, CA

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:e5bd4699-6185-3202-a500-79dc7c0e01d2

Data as of Mar 11, 2026 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 9:45 AM UTC and rebuilt at most every 15 minutes.

Advisor

Designations

Branch

Years here

In industry

Prior firms

Dual registered

HOLLY ZIEGEL RUXIN

n/a

SAN FRANCISCO, CA

David Aaron Ruxin

n/a

SAN FRANCISCO, CA

n/a

Fund

Type

Reported GAV

As of

Owners

First reported

Status

Form D file

MONTCALM CAPITAL FUND I LP

Other Private Fund

$4.0M

Apr 1, 2021

Oct 25, 2018

dropped

n/a

MONTCALM CAPITAL FUND I LP - CLEARAS 2018 SERIES P.S.

Other Private Fund

$3.0M

Jun 17, 2024

Nov 5, 2019

reported

021-335437

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

RUXIN, HOLLY, ZIEGEL

MEMBER- MANAGER, CHIEF EXECUTIVE OFFICER, CHIEF COMPLIANCE OFFICER

yes

08/2012

Sep 6, 2012

Jun 17, 2024

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

MONTCALM CAPITAL FUND I GP, LLC

n/a

yes

n/a

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Mar 11, 2026

$238M

n/a

2024

Mar 27, 2025

$223M

n/a

2023

Mar 12, 2024

$199M

$3.0M

2022

Mar 30, 2023

$184M

n/a

2021

Mar 30, 2022

$183M

n/a

2020

Apr 1, 2021

$172M

$4.0M

2019

Apr 1, 2020

$188M

$1.8M

2018

Mar 26, 2019

$173M

$1.0M

2017

Feb 28, 2018

$167M

n/a

2016

Mar 21, 2017

$140M

n/a

2015

Mar 28, 2016

$134M

n/a

2014

Mar 19, 2015

$122M

n/a

2013

Mar 19, 2014

$116M

n/a

2012

Apr 29, 2013

$126M

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

$238M

$223M

6.3%

$184M

8.9%