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

Palmer Square Bdc Advisor LLC

Asset manager (funds and pooled vehicles)Mission Woods, KansasCRD 306742SEC 801-117865websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Nov 26, 2019 · 13 filings
SEC status approved since Jan 2, 2020
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
76
33 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
13 filings and snapshots on the tape
RAUM$1.2B as of Mar 31, 2026
Mar 31, 2021$652M then
HNW client RAUM: no history
State-registered IARs (5.B.3)3 as of Mar 31, 2026
Mar 12, 20202 then
Employees (5.A)76 as of Mar 31, 2026
Mar 12, 202032 then
Private funds: no history
RAUM -11% over the last fiscal year+6.3% a year over threeIARs 2 to 3
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
RAUM per advisor
$406MderivedRAUM 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
$1.2BderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
25.3derivedItem 5.A over advisors
Advisors per office
1.0derived3 offices incl. principal (1.F.5)
RAUM growth, one year
-11%derivedbetween the last two annual amendments
Advisor growth, one year
+50%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-basedreportedItem 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)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
This filing has no Item 5.D breakdown (filings before 2017 reported ranges, not amounts).
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
1reported
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=true 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
      • Andrew Scott Betz · Chief Operating Officercontrol
        since 11/2019 · owns less than 5%
      • Renee Stacy Brice · Chief Compliance Officercontrol
        since 03/2021 · owns less than 5%
      • Doerr Jeffrey Fox · Chief Financial Officercontrol
        since 11/2019 · owns less than 5%
      • Dale Christopher Long · Chief Executive Officercontrol
        since 11/2019 · owns less than 5%
      • Knighton Angie Long · Trusteecontrol
        since 10/2019 · owns F of Angie K. Long Irrevocable Trust
      • Dale Christopher Long · Trusteecontrol
        since 01/2020 · owns F of Christopher D. Long Irrevocable Trust
      Entity owners
      • Palmer Square Capital Management LLC · Managing Member
        direct · owns 50% to 75%
      • Angie K. Long Irrevocable Trust · Member
        indirect · owns 50% to 75% of Palmer Square Holdings, LLC
      • Christopher D. Long Irrevocable Trust · Member
        indirect · owns 25% to 50% of Palmer Square Holdings, LLC
      • Palmer Square Holdings, LLC · Managing Member
        indirect · owns 50% to 75% of Palmer Square Capital Management LLC
      • Seaboard Corporation · Member
        indirect · owns 75% or more of Seaboard Foods LLC · public reporting company
      • Seaboard Foods LLC · Member
        indirect · owns 75% or more of Caravel Holdings, LLC
      • Caravel Holdings, LLC · Member
        direct · owns 5% to 10%
      • Excelsior Holdings D2 LLC · Member
        direct · owns 5% to 10%
      Related persons
      Schedule D 7.A
      Advisers that list Palmer Square Bdc Advisor LLC as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • London, United Kingdom7 employees
      • , 2 employees
      What changed
      consecutive filings, newest first
      • BD registered reps · 4 to 5
        Nov 18, 2025 to Mar 31, 2026
      • Employees · 71 to 76
        Nov 18, 2025 to Mar 31, 2026
      • State-registered IARs · 2 to 3
        Nov 18, 2025 to Mar 31, 2026
      • Discretionary RAUM · $1.4B to $1.2B
        Nov 18, 2025 to Mar 31, 2026
      • RAUM · $1.4B to $1.2B
        Nov 18, 2025 to Mar 31, 2026
      • Advisory employees · 28 to 33
        Mar 28, 2024 to Mar 28, 2025
      • BD registered reps · 8 to 4
        Mar 28, 2024 to Mar 28, 2025
      • Employees · 56 to 71
        Mar 28, 2024 to Mar 28, 2025
      • Financial planning clients · unset to
        Mar 28, 2024 to Mar 28, 2025
      • State-registered IARs · 4 to 2
        Mar 28, 2024 to Mar 28, 2025
      • Discretionary RAUM · $1.1B to $1.4B
        Mar 28, 2024 to Mar 28, 2025
      • RAUM · $1.1B to $1.4B
        Mar 28, 2024 to Mar 28, 2025
      • Advisory employees · 24 to 28
        Mar 31, 2023 to Mar 28, 2024
      • BD registered reps · 7 to 8
        Mar 31, 2023 to Mar 28, 2024
      • Employees · 48 to 56
        Mar 31, 2023 to Mar 28, 2024
      • Discretionary RAUM · $1.0B to $1.1B
        Mar 31, 2023 to Mar 28, 2024
      • RAUM · $1.0B to $1.1B
        Mar 31, 2023 to Mar 28, 2024
      • Advisory employees · 23 to 24
        May 2, 2022 to Mar 31, 2023
      • BD registered reps · 6 to 7
        May 2, 2022 to Mar 31, 2023
      • Employees · 40 to 48
        May 2, 2022 to Mar 31, 2023
      • State-registered IARs · 3 to 4
        May 2, 2022 to Mar 31, 2023
      • Other offices · 1 to 2
        May 2, 2022 to Mar 31, 2023
      • Discretionary RAUM · $1.1B to $1.0B
        May 2, 2022 to Mar 31, 2023
      • RAUM · $1.1B to $1.0B
        May 2, 2022 to Mar 31, 2023
      • Advisory employees · 21 to 23
        Nov 8, 2021 to Mar 31, 2022
      • Employees · 33 to 40
        Nov 8, 2021 to Mar 31, 2022
      • State-registered IARs · 2 to 3
        Nov 8, 2021 to Mar 31, 2022
      • Discretionary RAUM · $652M to $1.1B
        Nov 8, 2021 to Mar 31, 2022
      • RAUM · $652M to $1.1B
        Nov 8, 2021 to Mar 31, 2022
      • Accounts · unset to 1.0
        Oct 2, 2020 to Mar 31, 2021
      • Advisory employees · 17 to 21
        Oct 2, 2020 to Mar 31, 2021
      • BD registered reps · 8 to 6
        Oct 2, 2020 to Mar 31, 2021
      • Employees · 32 to 33
        Oct 2, 2020 to Mar 31, 2021
      • Discretionary RAUM · unset to 651936651.0
        Oct 2, 2020 to Mar 31, 2021
      • Non-discretionary RAUM · unset to 0.0
        Oct 2, 2020 to Mar 31, 2021
      • RAUM · unset to 651936651.0
        Oct 2, 2020 to Mar 31, 2021
      • Other offices · 0 to 1
        Mar 12, 2020 to Oct 2, 2020
      • BD registered reps · 7 to 8
        Nov 26, 2019 to Mar 12, 2020
      • Employees · 31 to 32
        Nov 26, 2019 to Mar 12, 2020
      Signals
      5 dated events
      • Palmer Square Bdc Advisor Llc reported RAUM $1.1B, up 71% from $651.9M (2021-11-08 to 2022-03-31)
        Mar 31, 2022 · RAUM change · derived
      • Renee Stacy Brice (Chief Compliance Officer) appeared on Schedule A of Palmer Square Bdc Advisor Llc
        Mar 31, 2021 · Control person joined · fact
      • Dean Jeffrey Fox (Chief Financial Officer) no longer on Schedule A of Palmer Square Bdc Advisor Llc (listed 2019-11-26, absent 2020-03-12)
        Mar 12, 2020 · Control person left · inference
      • Doerr Jeffrey Fox (Chief Financial Officer) appeared on Schedule A of Palmer Square Bdc Advisor Llc
        Mar 12, 2020 · Control person joined · fact
      • Palmer Square Bdc Advisor Llc filed its initial SEC registration (Form ADV)
        Nov 26, 2019 · 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.
      How to reach
      public business contact points only, each with its source
      Firm profile
      linkedin.com/company/palmer-square-capitalreportedpublic record, Form ADV, Sep 17, 2026
      Website
      palmersquarecap.comreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      816-994-3200reportedpublic record, Form ADV, Mar 31, 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