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RIA / WealthRegistered adviserasset managerSEC registeredRAUM under $100M

ARMADA ETFS

ARMADA ETF ADVISORS LLC, CRD 317979

NOVI, MI

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:e6b73256-6954-7ce7-32db-68647490da21

Data as of Aug 4, 2026 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 9:10 AM UTC and rebuilt at most every 15 minutes.

Relationships: 6
Dated events: 9
On other graphs: 0
Observed: Dec 16, 2021 to Aug 4, 2026
14 observations

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

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

Firm class: asset managerderivedprivate_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0
Regulatory AUM: $10.2MItem 5.F on the latest filing (2026-08-04); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $10.2M
Private client RAUM: $0derivedItem 5.D individuals plus high net worth individuals
Private client share: 0%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 0
Employees: 1
Advisory employees: 1
Offices: 1Schedule D 1.F, beyond the principal office
Accounts: 2
Custody, client assets: $0
SEC number: 801-123057
CRD: 317979
Filings on the tape: 14
First filed: Dec 16, 2021
Latest filed: Aug 4, 2026
Organised: Limited Liability Company, DE
Website: armadainvestors.com

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
BAK, PHIL, SHELDON	CHIEF EXECUTIVE OFFICER	Na	yes	08/2022	Sep 21, 2022	May 6, 2024
CASTLE STUART TRUST HOLDINGS LLC	Member	D	yes	02/2022	Feb 28, 2022	May 6, 2024
Goldberg, Justin, Isaac	SOLE MEMBER & TRUSTEE	F	yes	03/2022	Dec 16, 2021	May 6, 2024
Goldberg, Justin, Isaac	MEMBER & GENERAL MANAGER	D	yes	12/2021	Dec 16, 2021	May 6, 2024
JUSTIN GOLDBERG 2022 IRREVOCABLE TRUST	Trust	E	yes	03/2022	Mar 31, 2022	May 6, 2024
MCDEVITT, JOHN, THOMAS	CHIEF COMPLIANCE OFFICER	Na	yes	04/2024	May 6, 2024	May 6, 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
NAVARINO CAPITAL MANAGEMENT LLC	n/a	n/a	n/a	Y	yes	n/a
NAVARINO PROPERTY MANAGEMENT LLC	n/a	n/a	n/a	Y	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; showing 5 of 6

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2025	Apr 20, 2026	$10.2M	$10.2M	1	1	1	n/a	n/a
2024	Apr 4, 2025	$11.1M	$11.1M	2	2	1	n/a	n/a
2023	Mar 21, 2024	$5.5M	$5.5M	2	2	0	n/a	n/a
2022	Mar 29, 2023	$3.8M	$3.8M	3	3	0	n/a	n/a
2021	Mar 31, 2022	$0	$0	3	3	0	n/a	n/a

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	$10.2M	$11.1M	-8.4%	$3.8M	39.1%	1	2	1	1

Relationships

Controls (5)

← MCDEVITT, JOHN, THOMASOwnerCHIEF COMPLIANCE OFFICER, ownership code NA, individual
May 6, 2024 to May 6, 2024factForm ADV
← BAK, PHIL, SHELDONOwnerCHIEF EXECUTIVE OFFICER, ownership code NA, individual
Sep 21, 2022 to May 6, 2024factForm ADV
← Goldberg, Justin, IsaacOwnerSOLE MEMBER & TRUSTEE, ownership code F, individual
Dec 16, 2021 to May 6, 2024factForm ADV
← CASTLE STUART TRUST HOLDINGS LLCOwnerMEMBER, ownership code D, domestic entity
Feb 28, 2022 to May 6, 2024factForm ADV
← JUSTIN GOLDBERG 2022 IRREVOCABLE TRUSTOwnerTRUST, ownership code E, domestic entity
Mar 31, 2022 to May 6, 2024factForm ADV

Dated events

Occurred
May 6, 2024
Control person joined
Thomas John Mcdevitt (Chief Compliance Officer) appeared on Schedule A of Armada Etfs
Form ADVobserved 6 days ago
Occurred
May 6, 2024
Control person left
Howard Daniel Carlson (Chief Compliance Officer) no longer on Schedule A of Armada Etfs (listed 2024-03-21, absent 2024-05-06)
Form ADVobserved 6 days ago
Occurred
Jan 3, 2024
Control person joined
Howard Daniel Carlson (Chief Compliance Officer) appeared on Schedule A of Armada Etfs
Form ADVobserved 6 days ago
Occurred
Dec 13, 2023
Control person left
Warren David Auerbach (Executive & Managing Director) no longer on Schedule A of Armada Etfs (listed 2023-03-29, absent 2023-12-13)
Form ADVobserved 6 days ago
Occurred
Sep 21, 2022
Control person joined
Sheldon Phil Bak (Chief Executive Officer) appeared on Schedule A of Armada Etfs
Form ADVobserved 6 days ago
Occurred
Mar 31, 2022
Control person joined
Warren David Auerbach (Executive & Managing Director) appeared on Schedule A of Armada Etfs
Form ADVobserved 6 days ago
Occurred
Feb 28, 2022
Control person left
Nmn Michael Vanbemmelen (Chief Compliance Officer) no longer on Schedule A of Armada Etfs (listed 2021-12-16, absent 2022-02-28)
Form ADVobserved 6 days ago
Occurred
Feb 28, 2022
Control person left
Arthur Eli Luzac (Chief Operating Officer) no longer on Schedule A of Armada Etfs (listed 2021-12-16, absent 2022-02-28)
Form ADVobserved 6 days ago
Occurred
Dec 16, 2021
First Form ADV filing
Armada Etfs filed its initial SEC registration (Form ADV)
Form ADVobserved 6 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:e6b73256-6954-7ce7-32db-68647490da21
First observed: Dec 16, 2021
Last observed: Aug 4, 2026 48 days 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.

ARMADA ETFS

ARMADA ETF ADVISORS LLC, CRD 317979

NOVI, MI

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:e6b73256-6954-7ce7-32db-68647490da21

Data as of Aug 4, 2026 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 9:10 AM UTC and rebuilt at most every 15 minutes.

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

BAK, PHIL, SHELDON

CHIEF EXECUTIVE OFFICER

yes

08/2022

Sep 21, 2022

May 6, 2024

CASTLE STUART TRUST HOLDINGS LLC

Member

yes

02/2022

Feb 28, 2022

May 6, 2024

Goldberg, Justin, Isaac

SOLE MEMBER & TRUSTEE

yes

03/2022

Dec 16, 2021

May 6, 2024

Goldberg, Justin, Isaac

MEMBER & GENERAL MANAGER

yes

12/2021

Dec 16, 2021

May 6, 2024

JUSTIN GOLDBERG 2022 IRREVOCABLE TRUST

Trust

yes

03/2022

Mar 31, 2022

May 6, 2024

MCDEVITT, JOHN, THOMAS

CHIEF COMPLIANCE OFFICER

yes

04/2024

May 6, 2024

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

NAVARINO CAPITAL MANAGEMENT LLC

n/a

yes

n/a

NAVARINO PROPERTY MANAGEMENT LLC

n/a

yes

n/a

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Apr 20, 2026

$10.2M

n/a

2024

Apr 4, 2025

$11.1M

n/a

2023

Mar 21, 2024

$5.5M

n/a

2022

Mar 29, 2023

$3.8M

n/a

2021

Mar 31, 2022

n/a

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$10.2M

$11.1M

-8.4%

$3.8M

39.1%