{"url":"https://nivawealth.com/firms/alaska-permanent-capital-management-106233","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/106233","regulatoryAum":4400285151,"crd":"106233","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"4291657","suffix":null,"lastName":"NICLAI","firstName":"BRANDY","middleName":"ROMER"}],"total":1,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-03-29","regulatoryAum":3242546831,"clients":81,"employees":13,"offices":1},{"filedOn":"2022-04-12","regulatoryAum":3743020325,"clients":83,"employees":13,"offices":1},{"filedOn":"2023-01-24","regulatoryAum":3543184207,"clients":84,"employees":13,"offices":1},{"filedOn":"2024-03-28","regulatoryAum":4013615571,"clients":90,"employees":13,"offices":1},{"filedOn":"2025-04-10","regulatoryAum":4088303397,"clients":88,"employees":11,"offices":1},{"filedOn":"2026-04-30","regulatoryAum":4400285151,"clients":90,"employees":13,"offices":1}],"secFileNumber":"801-40501","legalName":"Alaska Permanent Capital Management, LLC","displayName":"Alaska Permanent Capital Management","slug":"alaska-permanent-capital-management-106233","website":"https://apcm.net/","classification":{"segment":"institutions","segmentLabel":"Institutional","type":"institutional_asset_manager","typeLabel":"Asset manager","feeDisclosure":"payment_only"},"linkedinUrl":"https://www.linkedin.com/company/alaska-permanent-capital-management/","founded":null,"organization":"Alaska limited liability company","fiscalYearEnd":"December","headquarters":{"street":"3800 Centerpoint Drive, Suite 910","city":"Anchorage","state":"AK","stateName":"Alaska","country":"United States","postalCode":"99503"},"tradeNames":[],"registration":{"secApproved":"31 December 1991","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":null,"staff":{"employees":13,"advisory":10,"brokerDealerReps":0,"insuranceAgents":0,"promoters":3},"aum":{"regulatory":4400285151,"discretionary":4346310247,"discretionaryAccounts":185,"nonDiscretionary":53974904,"nonDiscretionaryAccounts":2,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Pension and profit-sharing plans","clients":1,"fewerThan5":true,"regulatoryAum":103883723},{"label":"Charitable organizations","clients":27,"regulatoryAum":598091676},{"label":"State or municipal government entities","clients":32,"regulatoryAum":2945327852},{"label":"Corporations and other businesses","clients":30,"regulatoryAum":752981900}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"New York, NY","smaAssets":587681491},{"name":"Key Bank","shortName":"Key Bank","location":"Cleveland, OH","smaAssets":501662356},{"name":"Northern Trust","shortName":"Northern Trust","location":"Chicago, IL","smaAssets":1201159181},{"name":"Principal Financial Group","shortName":"Principal Financial Group","location":"Des Moines, IA","smaAssets":1133620478}],"custodyNote":"Alaska Permanent Capital Management has custody of client assets.","otherCustodians":[],"leadership":[{"name":"William Lierman","title":"CEO; 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They include 32 state or municipal government entities, 30 corporations and other businesses, and 27 charitable organizations.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 30 April 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Alaska Permanent Capital Management offer?","answer":"Alaska Permanent Capital Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, and publishing newsletters.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Alaska Permanent Capital Management use?","answer":"Alaska Permanent Capital Management’s separately managed account assets are held at Northern Trust (Chicago, IL), with $1.2B, Principal Financial Group (Des Moines, IA), with $1.13B, Charles Schwab & Co., Inc. (New York, NY), with $588M and Key Bank (Cleveland, OH), with $502M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 April 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Alaska Permanent Capital Management have?","answer":"Alaska Permanent Capital Management has 2 investment adviser representatives registered with state securities authorities, out of 13 employees, and 10 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Alaska Permanent Capital Management invest in?","answer":"At the end of its last fiscal year, Alaska Permanent Capital Management’s separately managed accounts held 37% U.S. government and agency bonds, 30% exchange-traded equities, 19% cash and equivalents, 9% investment grade corporate bonds and 4% registered funds (mutual funds, ETFs, BDCs).","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Alaska Permanent Capital Management?","answer":"Alaska Permanent Capital Management is owned through a holding company by Bu Apcm Spe, LLC. Its direct owner is Apcm Holdco LLC (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 30 April 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Alaska Permanent Capital Management get paid?","answer":"Alaska Permanent Capital Management is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Alaska Permanent Capital Management?","answer":"Alaska Permanent Capital Management’s main office is at 3800 Centerpoint Drive, Suite 910, Anchorage, AK 99503. Its phone number is 907-272-7575. 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Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}