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
Ac Funds, LLC
Latest filing Mar 25, 2026
First filing on the tape Nov 16, 2020 · 9 filings
SEC status approved since Dec 16, 2020
RAUM
$1.0B
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
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
9 filings and snapshots on the tape
RAUM$1.0B as of Mar 25, 2026
Mar 4, 2021$0 then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 25, 2026
Mar 4, 20210 then
Employees (5.A)2 as of Mar 25, 2026
Mar 4, 20212 then
Private funds: no history
RAUM n/a over the last fiscal year+73% a year over three
Practice profile
derived from the filing of Mar 25, 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
- $172MderivedRAUM 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
- unknownderivedbetween the last two annual amendments
- Advisor growth, one year
- unknownderivedItem 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)
- receives research or other products from a broker-dealer, soft dollars (8.E)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Investment companies$1.0B100%
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 6reported
- 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=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
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Ian Kenneth Deane · Managing Membercontrolsince 06/2020 · owns 75% or more
- Karl Robert Ross · Chief Compliance Officercontrolsince 12/2023 · owns less than 5%
Entity owners
- Advisors Capital Management, LLC · Memberdirect · owns 5% to 10%
- Acm Holding Trust · Ownerindirect · owns 50% to 75% of Advisors Capital Management, LLC
Related persons
Schedule D 7.A
- Advisors Capital Management, LLCinvestment adviseryRAUM $12B
Advisers that list Ac Funds, LLC as a related person
- 112266 y
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Discretionary RAUM · $579M to $1.0BDec 17, 2025 to Mar 25, 2026
- RAUM · $579M to $1.0BDec 17, 2025 to Mar 25, 2026
- Accounts · 4 to 6Mar 28, 2024 to May 5, 2025
- Financial planning clients · unset to Mar 28, 2024 to May 5, 2025
- Discretionary RAUM · $343M to $579MMar 28, 2024 to May 5, 2025
- RAUM · $343M to $579MMar 28, 2024 to May 5, 2025
- Discretionary RAUM · $200M to $343MDec 5, 2023 to Mar 28, 2024
- RAUM · $200M to $343MDec 5, 2023 to Mar 28, 2024
- Accounts · 3 to 4Mar 11, 2022 to Mar 30, 2023
- Discretionary RAUM · $81.2M to $200MMar 11, 2022 to Mar 30, 2023
- RAUM · $81.2M to $200MMar 11, 2022 to Mar 30, 2023
- Accounts · 0 to 3Mar 4, 2021 to Mar 11, 2022
- Discretionary RAUM · $0 to $81.2MMar 4, 2021 to Mar 11, 2022
- RAUM · $0 to $81.2MMar 4, 2021 to Mar 11, 2022
Signals
7 dated events
- Ac Funds, Llc reported RAUM $1.0B, up 78% from $578.6M (2025-12-17 to 2026-03-25)Mar 25, 2026 · RAUM change · derived
- Ac Funds, Llc reported RAUM $578.6M, up 68% from $343.5M (2024-03-28 to 2025-05-05)May 5, 2025 · RAUM change · derived
- Ac Funds, Llc reported RAUM $343.5M, up 72% from $200.2M (2023-12-05 to 2024-03-28)Mar 28, 2024 · RAUM change · derived
- Karl Robert Ross (Chief Compliance Officer) appeared on Schedule A of Ac Funds, LlcDec 5, 2023 · Control person joined · fact
- Michael James Cullen (Chief Compliance Officer) no longer on Schedule A of Ac Funds, Llc (listed 2023-03-30, absent 2023-12-05)Dec 5, 2023 · Control person left · inference
- Ac Funds, Llc reported RAUM $200.2M, up 147% from $81.2M (2022-03-11 to 2023-03-30)Mar 30, 2023 · RAUM change · derived
- Ac Funds, Llc filed its initial SEC registration (Form ADV)Nov 16, 2020 · 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
- Website
- advisorscapfunds.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 201-426-0081reportedpublic record, Form ADV, Mar 25, 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