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
Vss Fund Management LLC
Latest filing Mar 27, 2026
First filing on the tape Feb 14, 2012 · 35 filings
SEC status approved since Mar 29, 2012
RAUM
$1.2B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
31
28 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
13
reported on Schedule D
History
35 filings and snapshots on the tape
RAUM$1.2B as of Mar 27, 2026
Mar 26, 2013$1.4B then
HNW client RAUM$0 as of Mar 27, 2026
Mar 30, 2018$0 then
State-registered IARs (5.B.3)0 as of Mar 27, 2026
Mar 26, 20130 then
Employees (5.A)31 as of Mar 27, 2026
Mar 26, 201327 then
Private funds13 as of Mar 27, 2026
Mar 26, 20139 then
RAUM +20% over the last fiscal year+3.3% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 27, 2026; every figure names its basis
- RAUM per advisor
- unknownderivedRAUM 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
- $90.2MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- unknownderivedItem 5.A over advisors
- Advisors per office
- unknownderived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +20%derivedbetween the last two annual amendments
- Advisor growth, one year
- unknownderivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assets, performance-based, otherreportedItem 5.E
- Advisory activities
- portfolio management for pooled vehiclesreportedItem 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
- Pooled investment vehicles$1.2B100%
- Individual clients
- 0reported
- HNW clients
- 0reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 13reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, performancereported
- Class basis
- private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
Joined, latest
none on the tape
Private funds
17 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Vss Structured Capital Parallel IV, L.P. | Other Private Fund | $158M | 68 | Mar 31, 2021 |
| Vss Structured Capital Parallel III, L.P. | Other Private Fund | $153M | 47 | Nov 4, 2015 |
| Vss Structured Capital IV, L.P. | Other Private Fund | $130M | 50 | Mar 31, 2021 |
| Vss Structured Capital III, L.P. | Other Private Fund | $110M | 39 | Nov 4, 2015 |
| Vss IV Spv, L.P. | Private Equity Fund | $52.6M | 2 | Mar 29, 2017 |
| Vs&A Communications Partners III, L.P.no longer reported | Private Equity Fund | $37.3M | 2 | Feb 14, 2012 |
| Vss Structured Capital - Annex Fund, L.P. | Other Private Fund | $9.2M | 12 | Mar 30, 2016 |
| Vss IV Spv Parallel, L.P. | Private Equity Fund | $6.3M | 10 | Mar 29, 2017 |
| Vss IV Spv Parallel II, L.P. | Private Equity Fund | $3.3M | 5 | Mar 29, 2017 |
| Vss Structured Capital II, L.P. | Other Private Fund | $2.4M | 8 | Feb 14, 2012 |
| Vs&A Communications Parallel Partners III, L.P.no longer reported | Private Equity Fund | $2.1M | 2 | Feb 14, 2012 |
| Vss Mezzanine Partners, L.P. | Other Private Fund | $1.7M | 3 | Feb 14, 2012 |
| Vs&A Communications Partners II, L.P.no longer reported | Private Equity Fund | $1.6M | 55 | Feb 14, 2012 |
| Vss Structured Capital Parallel II, L.P. | Other Private Fund | $359,790 | 3 | Feb 14, 2012 |
| Vss Communications Parallel Partners IV, L.P.no longer reported | Private Equity Fund | $36,458 | 49 | Feb 14, 2012 |
| Vss Communications Partners IV, L.P.no longer reported | Private Equity Fund | $34,263 | 55 | Feb 14, 2012 |
| Vss Communications Parallel II Partners IV, L.P.no longer reported | Private Equity Fund | $6,422 | 2 | Feb 14, 2012 |
Owners and control persons
Schedule A and B, latest filing
- Nmn Andrew Goscinski · Chief Financial Officercontrolsince 04/2016 · owns less than 5%
- Trent Randolph Hickman · Co-Managing Partnercontrolsince 11/2024 · owns less than 5%
- Nmn Jacqueline Jacobs · Chief Compliance Officercontrolsince 11/2017 · owns less than 5%
- Taylor Jeffrey Stevenson · Managing Partnercontrolsince 05/1982 · owns less than 5%
- Taylor Jeffrey Stevenson · Managing Partnercontrolsince 11/2024 · owns F of Stevenson Family 2012 Trust
Entity owners
- Vss Capital Partners, LLC · Ownerdirect · owns 75% or more
- Stevenson Family 2012 Trust · Ownerindirect · owns 50% to 75% of Vss Capital Partners, LLC
Related persons
Schedule D 7.A
No related person reported.
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- custody status changedChange between filings · filing Mar 27, 2026custody of client assets (Item 9.A): yes on the filing of 2025-03-28, no on the filing of 2026-03-27peers: asset managers, $1B to $5B (1,506)
What changed
consecutive filings, newest first
- Accounts · 11 to 13Mar 28, 2025 to Mar 27, 2026
- Advisory employees · 25 to 28Mar 28, 2025 to Mar 27, 2026
- Pooled vehicle clients · 11 to 13Mar 28, 2025 to Mar 27, 2026
- Assets in custody · 977720047.0 to unsetMar 28, 2025 to Mar 27, 2026
- Custody of client assets · true to falseMar 28, 2025 to Mar 27, 2026
- Employees · 28 to 31Mar 28, 2025 to Mar 27, 2026
- Private funds · 11 to 13Mar 28, 2025 to Mar 27, 2026
- Discretionary RAUM · $978M to $1.2BMar 28, 2025 to Mar 27, 2026
- Pooled vehicle RAUM · $978M to $1.2BMar 28, 2025 to Mar 27, 2026
- RAUM · $978M to $1.2BMar 28, 2025 to Mar 27, 2026
- Assets in custody · $961M to $978MDec 20, 2024 to Mar 28, 2025
- Financial planning clients · unset to Dec 20, 2024 to Mar 28, 2025
- Discretionary RAUM · $961M to $978MDec 20, 2024 to Mar 28, 2025
- Pooled vehicle RAUM · $961M to $978MDec 20, 2024 to Mar 28, 2025
- RAUM · $961M to $978MDec 20, 2024 to Mar 28, 2025
- Advisory employees · 20 to 25Mar 31, 2023 to Mar 29, 2024
- Assets in custody · $1.1B to $961MMar 31, 2023 to Mar 29, 2024
- Employees · 23 to 28Mar 31, 2023 to Mar 29, 2024
- Discretionary RAUM · $1.1B to $961MMar 31, 2023 to Mar 29, 2024
- Pooled vehicle RAUM · $1.1B to $961MMar 31, 2023 to Mar 29, 2024
- RAUM · $1.1B to $961MMar 31, 2023 to Mar 29, 2024
- Advisory employees · 18 to 20Sep 13, 2022 to Mar 31, 2023
- Assets in custody · $1.0B to $1.1BSep 13, 2022 to Mar 31, 2023
- Employees · 22 to 23Sep 13, 2022 to Mar 31, 2023
- Discretionary RAUM · $1.0B to $1.1BSep 13, 2022 to Mar 31, 2023
- Pooled vehicle RAUM · $1.0B to $1.1BSep 13, 2022 to Mar 31, 2023
- RAUM · $1.0B to $1.1BSep 13, 2022 to Mar 31, 2023
- Advisory employees · 16 to 18Mar 31, 2021 to Mar 28, 2022
- Assets in custody · $906M to $1.0BMar 31, 2021 to Mar 28, 2022
- Employees · 19 to 22Mar 31, 2021 to Mar 28, 2022
- Discretionary RAUM · $906M to $1.0BMar 31, 2021 to Mar 28, 2022
- Pooled vehicle RAUM · $906M to $1.0BMar 31, 2021 to Mar 28, 2022
- RAUM · $906M to $1.0BMar 31, 2021 to Mar 28, 2022
- Accounts · 9 to 11Dec 10, 2020 to Mar 31, 2021
- Pooled vehicle clients · 9 to 11Dec 10, 2020 to Mar 31, 2021
- Assets in custody · $547M to $906MDec 10, 2020 to Mar 31, 2021
- Employees · 21 to 19Dec 10, 2020 to Mar 31, 2021
- Private funds · 9 to 11Dec 10, 2020 to Mar 31, 2021
- Discretionary RAUM · $547M to $906MDec 10, 2020 to Mar 31, 2021
- Pooled vehicle RAUM · $547M to $906MDec 10, 2020 to Mar 31, 2021
Signals
3 dated events
- Trent Randolph Hickman (Co-Managing Partner) appeared on Schedule A of Vss Fund Management LlcDec 20, 2024 · Control person joined · fact
- Vss Fund Management Llc reported RAUM $906.3M, up 66% from $547.2M (2020-12-10 to 2021-03-31)Mar 31, 2021 · RAUM change · derived
- Vss Fund Management Llc reported RAUM $516.3M, down 33% from $766.9M (2018-10-05 to 2019-03-29)Mar 29, 2019 · RAUM change · derived
Across DFX
shared identifiers only, never a name match
- VSS Fund Management LLC · Independent Sponsorsshared crd · capital_provider
- VSS Fund Management LLC · Private Equityshared crd · organization
How to reach
public business contact points only, each with its source
- Firm profile
- linkedin.com/company/vsscapitalpartners/mycompanyreportedpublic record, Form ADV, Sep 18, 2026
- Website
- VSS.COMreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 212-935-4990reportedpublic record, Form ADV, Mar 27, 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
- Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
- RAUM per advisor
- n/aderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026