DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Alaska Permanent Capital Management, LLC

Institutional managerAnchorage, AlaskaCRD 106233SEC 801-40501websiteIAPD
Latest filing Apr 30, 2026
First filing on the tape Mar 27, 2012 · 37 filings
SEC status approved since Dec 31, 1991
RAUM
$4.4B
reported, Item 5.F
Discretionary
99%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$4.4B
derived; firm RAUM over IAPD count
Employees
13
10 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
37 filings and snapshots on the tape
RAUM$4.4B as of Apr 30, 2026
Mar 27, 2012$2.5B then
HNW client RAUM$48.0M as of Mar 30, 2020
Mar 4, 2019$3.5M then
State-registered IARs (5.B.3)2 as of Apr 30, 2026
Mar 27, 20120 then
Employees (5.A)13 as of Apr 30, 2026
Mar 27, 201313 then
Private funds: no history
RAUM +7.6% over the last fiscal year+7.5% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Apr 30, 2026; every figure names its basis
Archetypes, each a printed rule
  • Institutional asset manager · institutional share (pensions, government, insurance, corporations, charities, banks, other advisers) at least 60 percent and private-client share under 20 percent
  • OCIO / institutional advisory · selection of other advisers (5.G.7) and institutional share at least 50 percent
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$4.4BderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$23.5MderivedRAUM over accounts (5.F.2.f)
Discretionary
99%derivedof RAUM
Institutional
83%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
13.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+7.6%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisers, publications, otherreportedItem 5.G
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • State and municipal entities$2.9B67%
  • Corporations and businesses$753M17%
  • Charitable organizations$598M14%
  • Pension and profit-sharing plans$104M2.4%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
1reported
Charitable clients
27reported
Accounts
187reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.0 fund_share=0.0 institutional_share=0.83 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Brandy Romer NiclaiChartered Financial AnalystAnchorage, AkJan 28, 200925 y1
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Denali Evan Rose · Pres/Ceo/Chairman/Ccocontrol
    since 06/2006 · owns 50% to 75%
  • Joseph William Lierman · Officer Shareholder
    since 02/2012 · owns less than 5%
  • Romer Brandy Niclai · Officer Shareholder
    since 02/2012 · owns less than 5%
  • Helaine Frances Rose · Director
    since 07/1992 · owns 25% to 50%
Related persons
Schedule D 7.A
Advisers that list Alaska Permanent Capital Management, LLC as a related person
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 189 to 187
    Nov 24, 2025 to Mar 24, 2026
  • Advisory employees · 8 to 10
    Nov 24, 2025 to Mar 24, 2026
  • Charity clients · 25 to 27
    Nov 24, 2025 to Mar 24, 2026
  • Employees · 11 to 13
    Nov 24, 2025 to Mar 24, 2026
  • Discretionary RAUM · $4.0B to $4.3B
    Nov 24, 2025 to Mar 24, 2026
  • Non-discretionary RAUM · $59.6M to $54.0M
    Nov 24, 2025 to Mar 24, 2026
  • Pension RAUM · $99.3M to $104M
    Nov 24, 2025 to Mar 24, 2026
  • RAUM · $4.1B to $4.4B
    Nov 24, 2025 to Mar 24, 2026
  • Financial planning clients · 0 to 0
    Apr 10, 2025 to Nov 24, 2025
  • Accounts · 180 to 189
    Mar 28, 2024 to Apr 10, 2025
  • Advisory employees · 10 to 8
    Mar 28, 2024 to Apr 10, 2025
  • Advisory activities · 5 to 6
    Mar 28, 2024 to Apr 10, 2025
  • Business name · ALASKA PERMANENT CAPITAL MANAGEMENT CO to ALASKA PERMANENT CAPITAL MANAGEMENT, LLC
    Mar 28, 2024 to Apr 10, 2025
  • Charity clients · 27 to 25
    Mar 28, 2024 to Apr 10, 2025
  • Corporate clients · 31 to 30
    Mar 28, 2024 to Apr 10, 2025
  • Pension plan clients · unset to 1.0
    Mar 28, 2024 to Apr 10, 2025
  • Employees · 13 to 11
    Mar 28, 2024 to Apr 10, 2025
  • Financial planning clients · unset to 0
    Mar 28, 2024 to Apr 10, 2025
  • State-registered IARs · 3 to 2
    Mar 28, 2024 to Apr 10, 2025
  • Legal name · ALASKA PERMANENT CAPITAL MANAGEMENT CO to ALASKA PERMANENT CAPITAL MANAGEMENT, LLC
    Mar 28, 2024 to Apr 10, 2025
  • Organization form · Corporation to Limited Liability Company
    Mar 28, 2024 to Apr 10, 2025
  • Discretionary RAUM · $4.0B to $4.0B
    Mar 28, 2024 to Apr 10, 2025
  • Non-discretionary RAUM · $54.2M to $59.6M
    Mar 28, 2024 to Apr 10, 2025
  • Pension RAUM · unset to 99345589.0
    Mar 28, 2024 to Apr 10, 2025
  • RAUM · $4.0B to $4.1B
    Mar 28, 2024 to Apr 10, 2025
  • Accounts · 168 to 180
    Sep 1, 2023 to Mar 28, 2024
  • Advisory employees · 8 to 10
    Sep 1, 2023 to Mar 28, 2024
  • Advisory activities · 6 to 5
    Sep 1, 2023 to Mar 28, 2024
  • Charity clients · 24 to 27
    Sep 1, 2023 to Mar 28, 2024
  • Corporate clients · 29 to 31
    Sep 1, 2023 to Mar 28, 2024
  • Financial planning clients · 0 to unset
    Sep 1, 2023 to Mar 28, 2024
  • Discretionary RAUM · $3.5B to $4.0B
    Sep 1, 2023 to Mar 28, 2024
  • Non-discretionary RAUM · $46.7M to $54.2M
    Sep 1, 2023 to Mar 28, 2024
  • RAUM · $3.5B to $4.0B
    Sep 1, 2023 to Mar 28, 2024
  • Accounts · 161 to 168
    Nov 4, 2022 to Jan 24, 2023
  • Charity clients · 23 to 24
    Nov 4, 2022 to Jan 24, 2023
  • Corporate clients · 27 to 29
    Nov 4, 2022 to Jan 24, 2023
  • Pension plan clients · 1.0 to unset
    Nov 4, 2022 to Jan 24, 2023
  • Discretionary RAUM · $3.7B to $3.5B
    Nov 4, 2022 to Jan 24, 2023
  • Non-discretionary RAUM · $53.6M to $46.7M
    Nov 4, 2022 to Jan 24, 2023
Signals
3 dated events
  • Elizabeth Kimberly Butler (Cco) no longer on Schedule A of Alaska Permanent Capital Management, Llc (listed 2022-11-04, absent 2023-01-24)
    Jan 24, 2023 · Control person left · inference
  • Elizabeth Kimberly Butler (Cco) appeared on Schedule A of Alaska Permanent Capital Management, Llc
    Feb 18, 2022 · Control person joined · fact
  • Christine Julee Farley (Chief Compliance Officer) no longer on Schedule A of Alaska Permanent Capital Management, Llc (listed 2020-11-04, absent 2020-11-20)
    Nov 20, 2020 · Control person left · inference
Across DFX
shared identifiers only, never a name match
How to reach
public business contact points only, each with its source
Firm profile
linkedin.com/company/alaska-permanent-capital-managementreportedpublic record, Form ADV, Sep 18, 2026
Website
apcm.net/alaska-permanent-capital-managementreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
907-272-7575reportedpublic record, Form ADV, Apr 30, 2026
Provenance
Form ADV
SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
Advisors
IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
Class
Institutional managerderiveda rule over Items 5.D and 7.A
RAUM per advisor
$4.4Bderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026