Arlen Capital provides portfolio management for individuals and small businesses, selecting other managers, financial planning, and insurance.
Arlen Capital reports 222 clients. They include 139 individual clients and 83 high-net-worth individuals. Of its assets, 99.3% ($346M across 687 accounts) are managed with discretion; $2.4M across 3 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 63% | 16% |
| High-net-worth individuals | 37% | 82% |
| Charitable organizations | Fewer than 5 | <1% |
| Corporations and other businesses | Fewer than 5 | <1% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 139 | $57.1M | 16.4% | $411K |
| High-net-worth individuals | 83 | $287M | 82.4% | $3.46M |
| Charitable organizations | Fewer than 5 | $844K | 0.2% | — |
| Corporations and other businesses | Fewer than 5 | $3.44M | 1.0% | — |
| Total | 222 | $349M | 100% | — |
- Clients
- 139
- Regulatory AUM
- $57.1M
- AUM share
- 16.4%
- Avg. per client
- $411K
- Clients
- 83
- Regulatory AUM
- $287M
- AUM share
- 82.4%
- Avg. per client
- $3.46M
- Clients
- Fewer than 5
- Regulatory AUM
- $844K
- AUM share
- 0.2%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $3.44M
- AUM share
- 1.0%
- Avg. per client
- —
Total
- Clients
- 222
- Regulatory AUM
- $349M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
Arlen Capital charges 0.71%–1.05% a year for its Advisor Managed Portfolios Program. The fee is billed in arrears, is negotiable and has a $2,500 annual minimum. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Investment Management Services (closed to new accounts)
- Closed to new clients and to existing clients opening new accounts. Billed quarterly in arrears at 0.99% to 0.71% by account size, with a $2,500 annual minimum.
Arlen Corporation owns 75% or more of Arlen Capital and is in turn owned by Peter Sullivan (75% or more). The leadership team of Arlen Capital includes President Frank McGoff. It has 6 employees, 4 of them in advisory roles.
Leadership
- Frank McGoffChief Compliance Officer/Executive Vice President
- Peter SullivanPresident and Manager
- Adam SullivanExecutive Vice President
Investment adviser representatives
4 representatives listed in the SEC register as of 9 October 2026.
- Frank Peter McGoff
- David A Nabb
- Adam McCrystal Sullivan
- Peter Anthony Sullivan
Staff
- 6 employees
- 4 in advisory functions
- 4 state-registered reps
- 4 broker-dealer reps
- 3 insurance agents
- Owns 75% or more of Arlen Capital, LLC
Arlen Corporation
Control person · since March 2001
- Owns 75% or more of Arlen Corporation
Peter Sullivan
Control person · since March 2001
Arlen Capital’s regulatory assets grew from $278M (March 2021) to $349M (February 2026); clients rose from 205 to 222 and employees from 5 to 6.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| February 2026 | $349M | 222 | 6 | 1 |
| February 2025 | $331M | 217 | 5 | 1 |
| February 2024 | $307M | 216 | 5 | 1 |
| July 2023 | $285M | 218 | 5 | 1 |
| March 2022 | $324M | 213 | 5 | 1 |
| March 2021 | $278M | 205 | 5 | 1 |
Besides its headquarters, Arlen Capital has 0 offices, with 1 listed address in Rhode Island.
Rhode Island · 1 listed address
- 117 Metro Center Boulevard, Suite 2006, WarwickHQ
Contact and registration details
- Legal name
- Arlen Capital, LLC
- Headquarters
- 117 Metro Center Boulevard, Suite 2006, Warwick, RI 02886
- Website
- arlencorp.com
- Phone
- 401-854-3500
- SEC file
- 801-63038
- Founded
- 2001
- Structure
- Rhode Island LLC
- Fiscal year end
- December
Arlen Capital uses Pershing ($336M, 96%) and Fidelity ($13.1M, 4%) as custodians for its separately managed accounts. Arlen Capital has custody of $10.8M in client assets for 16 clients.
- PershingPershing LLC · Jersey City, NJ · $336M96%
- FidelityNational Financial Services LLC · Boston, MA · $13.1M4%
At year end, Arlen Capital’s separately managed accounts were mostly in funds (95%).
What the accounts hold
- Stocks2%
- Funds95%
- Registered funds91%
- Pooled vehicles4%
- Cash3%
How many clients does Arlen Capital have?
Arlen Capital has 222 clients and manages $349 million for them, as of February 2026. They include 139 individual clients and 83 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 26 February 2026
What services does Arlen Capital offer?
Arlen Capital provides portfolio management for individuals and small businesses, selecting other managers, financial planning, and insurance.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Arlen Capital charge?
Arlen Capital charges 0.71%–1.05% a year for its Advisor Managed Portfolios Program. The fee is billed in arrears, is negotiable and has a $2,500 annual minimum.
Which custodians does Arlen Capital use?
Arlen Capital’s separately managed account assets are held at Pershing LLC (Jersey City, NJ), with $336M and National Financial Services LLC (Boston, MA), with $13.1M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 26 February 2026
How many financial advisors does Arlen Capital have?
Arlen Capital has 4 investment adviser representatives registered with state securities authorities, out of 6 employees, and 4 perform investment advisory functions. 4 employees are registered representatives of a broker-dealer and 3 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Arlen Capital invest in?
At the end of its last fiscal year, Arlen Capital’s separately managed accounts held 91% registered funds (mutual funds, ETFs, BDCs), 4% pooled vehicles (private funds and similar), 3% cash and equivalents and 2% exchange-traded equities.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Arlen Capital?
Arlen Capital is owned through a holding company by Peter Sullivan. Its direct owner is Arlen Corporation (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 26 February 2026
How does Arlen Capital get paid?
Arlen Capital is paid through a percentage of assets under management. 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
Is Arlen Capital registered with the SEC?
Yes, Arlen Capital has been registered with the SEC as an investment adviser since 14 April 2004. Its CRD number is 118113 and its SEC file number is 801-63038.
Source: Form ADV Part 1A, Item 1, filed 26 February 2026; IAPD firm record
How do I contact Arlen Capital?
Arlen Capital’s main office is at 117 Metro Center Boulevard, Suite 2006, Warwick, RI 02886. Its phone number is 401-854-3500. Its website is arlencorp.com.