← Tributary

ICAPITAL REGISTERED FUND ADVISER LLC

NEW YORK, NY · CRD 310587 · IAPD ↗ · icapitalnetwork.com · 212-994-7400

$1.22BRegulatory AUM
21Advisory reps
162Employees
0Clients
n/aPlanning clients
0Private funds
1States
0Disclosures
institutionalSegment
ApprovedSEC status

Filing changes

71
April 2026 — ICAPITAL REGISTERED FUND ADVISER LLC grew from 10 to 21 advisory reps.
Advisory representative count grew materially (>=20% or >=5 reps).
CRMRecruiting & transitionsComplianceFinancial planning software
75
April 2026 — ICAPITAL REGISTERED FUND ADVISER LLC crossed $1B in regulatory AUM ($917.9M -> $1.22B).
Regulatory AUM crossed $1B. Large-adviser status changes what they need and can afford.
Portfolio / reporting / TAMPCustodianComplianceIntegration & migration consulting
43
April 2025 — ICAPITAL REGISTERED FUND ADVISER LLC shrank from 15 to 10 advisory reps.
Advisory representative count fell materially — advisors are moving, or the firm is shrinking.
Recruiting & transitionsM&A & valuation
43
April 2025 — ICAPITAL REGISTERED FUND ADVISER LLC added office(s): 0 -> 1 additional locations.
Count of additional offices increased.
Office IT & facilitiesCRMRecruiting & transitions
54
April 2024 — ICAPITAL REGISTERED FUND ADVISER LLC reported RAUM up 31% ($561.6M -> $737.1M).
Regulatory AUM up >=25% since last filing.
Portfolio / reporting / TAMPCRMFinancial planning software

Data: SEC Form ADV monthly roster (public). Confirm on IAPD before acting.