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.
Former SEC-registered adviser
Axcent Private Capital, LLC
Latest filing Mar 28, 2025
First filing on the tape Nov 16, 2016 · 11 filings
SEC status approved since Dec 7, 2016
RAUM
$4.4M
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
2
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
2
reported on Schedule D
History
11 filings and snapshots on the tape
RAUM$4.4M as of Mar 28, 2025
Mar 17, 2017$3.9M then
HNW client RAUM$0 as of Mar 28, 2025
Mar 22, 2021$0 then
State-registered IARs (5.B.3)2 as of Mar 28, 2025
Mar 17, 20172 then
Employees (5.A)2 as of Mar 28, 2025
Mar 17, 20173 then
Private funds2 as of Mar 28, 2025
Mar 17, 20171 then
RAUM -19% over the last fiscal year-19% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Mar 28, 2025; every figure names its basis
- RAUM per advisor
- $2.2MderivedRAUM 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
- $2.2MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.0derivedItem 5.A over advisors
- Advisors per office
- 2.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- -19%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, performance-based, otherreportedItem 5.E
- Advisory activities
- portfolio management for pooled vehiclesreportedItem 5.G
- Custody
- $4.4M, 2 clientsreportedItem 9.A
- 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)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
- a related person has custody of client cash (9.B.1.a)
- a related person has custody of client securities (9.B.1.b)
- an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pooled investment vehicles$4.4M100%
- Individual clients
- 0reported
- HNW clients
- 0reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 2reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- $4.4M for 2 clientsreported
- Compensation
- % of AUM, performancereported
- Class basis
- absent from the latest SEC rosterderived
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
2 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Axcent Greenhouse Fund I, LLC | Other Private Fund | $3.1M | 49 | Mar 28, 2018 |
| Axcent Litigation Finance Fund, LP | Other Private Fund | $2.4M | 20 | Nov 16, 2016 |
Owners and control persons
Schedule A and B, latest filing
- John Andy Armstrong · Chief Compliance Officercontrolsince 05/2018 · owns less than 5%
- Walter Michael Beermann · Membercontrolsince 11/2016 · owns 50% to 75%
- Patrick Brian Rorick · Managing Membercontrolsince 11/2016 · owns 50% to 75%
Related persons
Schedule D 7.A
- Aveo Capital Partners, LLCinvestment adviseryRAUM $1.6B
- Blue Sky Asset Management, LLCinvestment advisernRAUM $98.6M
- Brht Management LLCpooled vehicle sponsory
- Gh Fund I Management, LLCpooled vehicle sponsory
Advisers that list Axcent Private Capital, LLC as a related person
- 157728 n
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Assets in custody · $5.5M to $4.4MMar 13, 2024 to Mar 28, 2025
- Discretionary RAUM · $5.5M to $4.4MMar 13, 2024 to Mar 28, 2025
- Pooled vehicle RAUM · $5.5M to $4.4MMar 13, 2024 to Mar 28, 2025
- RAUM · $5.5M to $4.4MMar 13, 2024 to Mar 28, 2025
- Assets in custody · $0 to $5.5MMar 8, 2023 to Mar 13, 2024
- Discretionary RAUM · $6.8M to $5.5MMar 8, 2023 to Mar 13, 2024
- Pooled vehicle RAUM · $6.8M to $5.5MMar 8, 2023 to Mar 13, 2024
- RAUM · $6.8M to $5.5MMar 8, 2023 to Mar 13, 2024
- Financial planning clients · unset to 0Mar 14, 2022 to Mar 8, 2023
- Discretionary RAUM · $8.4M to $6.8MMar 14, 2022 to Mar 8, 2023
- Pooled vehicle RAUM · $8.4M to $6.8MMar 14, 2022 to Mar 8, 2023
- RAUM · $8.4M to $6.8MMar 14, 2022 to Mar 8, 2023
- HQ city · GREENWOOD VILLAGE to ENGLEWOODMar 22, 2021 to Mar 14, 2022
- Discretionary RAUM · $9.0M to $8.4MMar 22, 2021 to Mar 14, 2022
- Pooled vehicle RAUM · $9.0M to $8.4MMar 22, 2021 to Mar 14, 2022
- RAUM · $9.0M to $8.4MMar 22, 2021 to Mar 14, 2022
- Discretionary RAUM · $12.4M to $9.0MMar 18, 2020 to Mar 22, 2021
- HNW RAUM · unset to 0.0Mar 18, 2020 to Mar 22, 2021
- Individual RAUM · unset to 0.0Mar 18, 2020 to Mar 22, 2021
- Pension RAUM · unset to 0.0Mar 18, 2020 to Mar 22, 2021
- Pooled vehicle RAUM · $12.4M to $9.0MMar 18, 2020 to Mar 22, 2021
- RAUM · $12.4M to $9.0MMar 18, 2020 to Mar 22, 2021
- Employees · 3 to 2Mar 22, 2019 to Mar 18, 2020
- Other offices · 1 to 0Mar 22, 2019 to Mar 18, 2020
- Discretionary RAUM · $12.3M to $12.4MMar 22, 2019 to Mar 18, 2020
- Pooled vehicle RAUM · $12.3M to $12.4MMar 22, 2019 to Mar 18, 2020
- RAUM · $12.3M to $12.4MMar 22, 2019 to Mar 18, 2020
- Discretionary RAUM · $9.2M to $12.3MMar 28, 2018 to Mar 22, 2019
- Pooled vehicle RAUM · $9.2M to $12.3MMar 28, 2018 to Mar 22, 2019
- RAUM · $9.2M to $12.3MMar 28, 2018 to Mar 22, 2019
- Accounts · 1 to 2Mar 17, 2017 to Mar 28, 2018
- Charity clients · unset to 0.0Mar 17, 2017 to Mar 28, 2018
- Corporate clients · unset to 0.0Mar 17, 2017 to Mar 28, 2018
- HNW clients · unset to 0.0Mar 17, 2017 to Mar 28, 2018
- Individual clients · unset to 0.0Mar 17, 2017 to Mar 28, 2018
- Pension plan clients · unset to 0.0Mar 17, 2017 to Mar 28, 2018
- Pooled vehicle clients · unset to 2.0Mar 17, 2017 to Mar 28, 2018
- Other offices · unset to 1.0Mar 17, 2017 to Mar 28, 2018
- Private funds · 1 to 2Mar 17, 2017 to Mar 28, 2018
- Discretionary RAUM · $3.9M to $9.2MMar 17, 2017 to Mar 28, 2018
Signals
4 dated events
- Axcent Private Capital, Llc no longer on the SEC adviser roster (last listed 2025-09-02, RAUM $4.4M)Dec 20, 2025 · Left the SEC roster · derived
- Todd Stephen Erwin (Chief Compliance Officer) no longer on Schedule A of Axcent Private Capital, Llc (listed 2018-03-28, absent 2019-03-22)Mar 22, 2019 · Control person left · inference
- John Andy Armstrong (Chief Compliance Officer) appeared on Schedule A of Axcent Private Capital, LlcMar 22, 2019 · Control person joined · fact
- Axcent Private Capital, Llc filed its initial SEC registration (Form ADV)Nov 16, 2016 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
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
- Former SEC-registered adviserderiveda 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