Advent Capital Management, LLC
Registered investment adviser · New York, NY · CRD #113013
Form ADV data as of 2026-09-01Regulatory assets
$8.82 billion
Total accounts
430
Employees
58
Disclosure events
3
Firm details
- Website: https://x.com/adventcapital_
- Telephone: 212-482-1600
- SEC file number: 801-60263
- Most recent Form ADV filing: 2026-03-30
- SEC record: View this firm on the SEC's IAPD site
Disciplinary disclosures
This firm reports 3 disclosure questions answered Yes, covering 3 reported events. Form ADV Item 11 covers charges and pending proceedings as well as findings, so a Yes answer is not itself a finding of wrongdoing. The underlying detail is filed with the SEC.
- SEC or CFTC found a violation of its regulations or statutes
- SEC or CFTC entered an order in connection with investment-related activity
- SEC or CFTC imposed a civil money penalty or a cease-and-desist order
Assets and accounts
| Provides continuous and regular supervisory or management services | Yes |
| Discretionary regulatory assets under management | $8.82 billion |
| Non-discretionary regulatory assets under management | $0 |
| Total regulatory assets under management | $8.82 billion |
| Discretionary accounts | 430 |
| Non-discretionary accounts | 0 |
| Total accounts | 430 |
| Regulatory assets under management attributable to non-U.S. persons | $2.68 billion |
People
| Total employees (excluding clerical) | 58 |
| Employees performing investment advisory functions (including research) | 23 |
| Employees who are registered representatives of a broker-dealer | 0 |
| Employees registered as investment adviser representatives with a state | 0 |
| Employees registered as IARs for another investment adviser | 0 |
| Employees who are licensed insurance agents | 0 |
| Firms or persons who solicit advisory clients on the firm's behalf | 2 |
Custody
| Has custody of client cash or bank accounts | Yes |
| Has custody of client securities | Yes |
| Client funds and securities held in the firm's custody | $375.7 million |
| Clients for whom the firm has custody | 3 |
| A related person has custody of client cash or bank accounts | Yes |
| A related person has custody of client securities | Yes |
| Client funds and securities held in a related person's custody | $375.7 million |
| Clients for whom a related person has custody | 3 |
| The firm acts as a qualified custodian | No |
| A related person acts as a qualified custodian | No |
| Number of persons acting as qualified custodians for the firm's clients | 2 |
How the firm is compensated
Advisory services offered
Other business activities
Affiliated related persons
Reported conflicts of interest
Form ADV Items 8 asks advisers to disclose arrangements that may create a conflict with client interests. This firm answered Yes to:
- Buys or sells for itself securities it also recommends to clients
- Recommends securities in which it has another proprietary interest
- Recommends securities for which it serves as underwriter or general partner
- Recommends brokers or dealers to clients
- Receives soft dollar benefits
- Compensates a non-employee for client referrals
Client types
| Type of client | Clients | Assets |
|---|---|---|
| Individuals (other than high net worth individuals) | 302 | $119.6 million |
| High net worth individuals | 50 | $145.5 million |
| Investment companies | 2 | $950.3 million |
| Pooled investment vehicles (other than investment companies and BDCs) | 8 | $827.4 million |
| Pension and profit sharing plans (not the participants or government plans) | Not reported | $159.6 million |
| Charitable organizations | 5 | $195.5 million |
| State or municipal government entities (including government pension plans) | 28 | $2.82 billion |
| Insurance companies | 26 | $3.29 billion |
| Sovereign wealth funds and foreign official institutions | Not reported | $171.2 million |
| Corporations or other businesses not listed above | Not reported | $143.9 million |