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

Swan Capital Management, LLC

Asset manager (funds and pooled vehicles)Durango, ColoradoCRD 164280SEC 801-76701websiteIAPD
Latest filing Mar 3, 2026
First filing on the tape May 14, 2012 · 19 filings
SEC status approved since May 25, 2012
RAUM
$1.3B
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
5
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
19 filings and snapshots on the tape
RAUM$1.3B as of Mar 3, 2026
Mar 8, 2013$160M then
HNW client RAUM: no history
State-registered IARs (5.B.3)4 as of Mar 3, 2026
Mar 8, 20131 then
Employees (5.A)5 as of Mar 3, 2026
Mar 8, 20131 then
Private funds: no history
RAUM -24% over the last fiscal year+2.9% a year over threeIARs 4 to 4
Practice profile
derived from the filing of Mar 3, 2026; every figure names its basis
RAUM per advisor
$325MderivedRAUM 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
$163MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.3derivedItem 5.A over advisors
Advisors per office
4.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-24%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 assetsreportedItem 5.E
Advisory activities
portfolio management for investment companiesreportedItem 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Investment companies$1.3B100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
8reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=5.0derived
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
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • William Randall Swan · President/Chief Executive Officercontrol
        since 05/2012 · owns less than 5%
      • William Randall Swan · Ownercontrol
        since 12/2014 · owns 25% to 50% of Swan Wealth Advisors Holdings, Inc
      • Owen Bradley Ackerman · Cco
        since 02/2018 · owns less than 5%
      • Ethan Bates · Cfo
        since 10/2013 · owns less than 5%
      • Bradley Robert Swan · Coo
        since 12/2014 · owns less than 5%
      Entity owners
      • Swan Global Holdings-US, LLC · Owner
        direct · owns 75% or more
      • Swan Capital Management Holdings, Inc · Owner
        indirect · owns 25% to 50% of Swan Global Holdings-US, LLC
      • Swan Wealth Advisors Holdings, Inc · Owner
        indirect · owns 25% to 50% of Swan Global Holdings-US, LLC
      Related persons
      Schedule D 7.A
      Advisers that list Swan 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 · 17 to 8
        Mar 18, 2025 to Mar 3, 2026
      • Discretionary RAUM · $1.7B to $1.3B
        Mar 18, 2025 to Mar 3, 2026
      • RAUM · $1.7B to $1.3B
        Mar 18, 2025 to Mar 3, 2026
      • Accounts · 20 to 17
        Mar 19, 2024 to Mar 18, 2025
      • BD registered reps · 8 to 5
        Mar 19, 2024 to Mar 18, 2025
      • Employees · 8 to 5
        Mar 19, 2024 to Mar 18, 2025
      • Financial planning clients · unset to
        Mar 19, 2024 to Mar 18, 2025
      • State-registered IARs · 8 to 4
        Mar 19, 2024 to Mar 18, 2025
      • Discretionary RAUM · $1.4B to $1.7B
        Mar 19, 2024 to Mar 18, 2025
      • RAUM · $1.4B to $1.7B
        Mar 19, 2024 to Mar 18, 2025
      • Accounts · 6 to 20
        Mar 23, 2023 to Mar 19, 2024
      • BD registered reps · 7 to 8
        Mar 23, 2023 to Mar 19, 2024
      • Employees · 7 to 8
        Mar 23, 2023 to Mar 19, 2024
      • State-registered IARs · 7 to 8
        Mar 23, 2023 to Mar 19, 2024
      • Discretionary RAUM · $1.2B to $1.4B
        Mar 23, 2023 to Mar 19, 2024
      • RAUM · $1.2B to $1.4B
        Mar 23, 2023 to Mar 19, 2024
      • Advisory employees · 2 to 1
        Oct 26, 2022 to Mar 23, 2023
      • BD registered reps · 9 to 7
        Oct 26, 2022 to Mar 23, 2023
      • Employees · 9 to 7
        Oct 26, 2022 to Mar 23, 2023
      • State-registered IARs · 8 to 7
        Oct 26, 2022 to Mar 23, 2023
      • Discretionary RAUM · $1.5B to $1.2B
        Oct 26, 2022 to Mar 23, 2023
      • RAUM · $1.5B to $1.2B
        Oct 26, 2022 to Mar 23, 2023
      • Related insurance company · true to false
        Oct 26, 2022 to Mar 23, 2023
      • Accounts · 9 to 6
        Mar 12, 2021 to Mar 11, 2022
      • BD registered reps · 8 to 9
        Mar 12, 2021 to Mar 11, 2022
      • Employees · 8 to 9
        Mar 12, 2021 to Mar 11, 2022
      • State-registered IARs · 6 to 8
        Mar 12, 2021 to Mar 11, 2022
      • Discretionary RAUM · $1.4B to $1.5B
        Mar 12, 2021 to Mar 11, 2022
      • RAUM · $1.4B to $1.5B
        Mar 12, 2021 to Mar 11, 2022
      • Accounts · 20 to 9
        Mar 12, 2020 to Mar 12, 2021
      • BD registered reps · 11 to 8
        Mar 12, 2020 to Mar 12, 2021
      • Employees · 11 to 8
        Mar 12, 2020 to Mar 12, 2021
      • State-registered IARs · 10 to 6
        Mar 12, 2020 to Mar 12, 2021
      • Discretionary RAUM · $1.9B to $1.4B
        Mar 12, 2020 to Mar 12, 2021
      • RAUM · $1.9B to $1.4B
        Mar 12, 2020 to Mar 12, 2021
      • BD registered reps · 14 to 11
        Feb 22, 2019 to Mar 12, 2020
      • Employees · 16 to 11
        Feb 22, 2019 to Mar 12, 2020
      • State-registered IARs · 11 to 10
        Feb 22, 2019 to Mar 12, 2020
      • Discretionary RAUM · $2.6B to $1.9B
        Feb 22, 2019 to Mar 12, 2020
      • RAUM · $2.6B to $1.9B
        Feb 22, 2019 to Mar 12, 2020
      Signals
      4 dated events
      • Swan Capital Management, Llc reported RAUM $1.4B, down 28% from $1.9B (2020-03-12 to 2021-03-12)
        Mar 12, 2021 · RAUM change · derived
      • Swan Capital Management, Llc reported RAUM $1.9B, down 26% from $2.6B (2019-02-22 to 2020-03-12)
        Mar 12, 2020 · RAUM change · derived
      • Swan Capital Management, Llc reported RAUM $3.3B, up 49% from $2.2B (2017-03-24 to 2018-02-16)
        Feb 16, 2018 · RAUM change · derived
      • Swan Capital Management, Inc. reported succeeding to the business of Another Adviser (Form ADV Item 4)
        Dec 5, 2014 · Succession (Item 4) · fact
      Across DFX
      shared identifiers only, never a name match
      No identifier-backed link to the venture, private equity, family office or sponsor graphs.
      How to reach
      public business contact points only, each with its source
      Website
      SWANGLOBALINVESTMENTS.COMreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      970-382-8901reportedpublic record, Form ADV, Mar 3, 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