{"url":"https://nivawealth.com/firms/arlen-capital-118113","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/118113","regulatoryAum":348820421,"crd":"118113","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"865966","suffix":null,"lastName":"MCGOFF","firstName":"FRANK","middleName":"PETER"},{"crd":"5174911","suffix":null,"lastName":"NABB","firstName":"DAVID","middleName":"A"},{"crd":"4901150","suffix":null,"lastName":"SULLIVAN","firstName":"ADAM","middleName":"MCCRYSTAL"},{"crd":"828191","suffix":null,"lastName":"SULLIVAN","firstName":"PETER","middleName":"ANTHONY"}],"total":4,"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":"2021-03-05","regulatoryAum":278453849,"clients":205,"employees":5,"offices":1},{"filedOn":"2022-03-01","regulatoryAum":323674572,"clients":213,"employees":5,"offices":1},{"filedOn":"2023-07-28","regulatoryAum":284909510,"clients":218,"employees":5,"offices":1},{"filedOn":"2024-02-08","regulatoryAum":306872815,"clients":216,"employees":5,"offices":1},{"filedOn":"2025-02-25","regulatoryAum":331251085,"clients":217,"employees":5,"offices":1},{"filedOn":"2026-02-26","regulatoryAum":348820421,"clients":222,"employees":6,"offices":1}],"secFileNumber":"801-63038","legalName":"Arlen Capital, LLC","displayName":"Arlen Capital","slug":"arlen-capital-118113","website":"https://arlencorp.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":"2001","organization":"Rhode Island limited liability company","fiscalYearEnd":"December","headquarters":{"street":"117 Metro Center Boulevard, Suite 2006","city":"Warwick","state":"RI","stateName":"Rhode Island","country":"United States","postalCode":"02886"},"tradeNames":[],"registration":{"secApproved":"14 April 2004","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1551957.8693693695,"staff":{"employees":6,"advisory":4,"brokerDealerReps":4,"insuranceAgents":3,"promoters":0},"aum":{"regulatory":348820421,"discretionary":346416598,"discretionaryAccounts":687,"nonDiscretionary":2403823,"nonDiscretionaryAccounts":3,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":139,"regulatoryAum":57087550},{"label":"High-net-worth individuals","clients":83,"regulatoryAum":287447097},{"label":"Charitable organizations","clients":null,"fewerThan5":true,"regulatoryAum":844196},{"label":"Corporations and other businesses","clients":null,"fewerThan5":true,"regulatoryAum":3441578}],"feePrograms":[{"role":"main","program":"Advisor Managed Portfolios Program","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1012441","versionId":1012441,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-02-26","documentName":"FORM ADV PART 2A","fee_rate_low":0.71,"fee_rate_high":1.05,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":"annual","fee_minimum_annual":2500},{"role":"other","program":"Investment Management Services (closed to new accounts)","summary":"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.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1012441","versionId":1012441,"submittedOn":"2026-02-26","documentName":"FORM ADV PART 2A"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T08:41:56.078289+00:00","documents":[{"name":"FORM ADV PART 2A","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1012441","versionId":1012441,"submittedOn":"2026-02-26"}]},"custodians":[{"name":"Pershing LLC","shortName":"Pershing","location":"Jersey City, NJ","smaAssets":335731656},{"name":"National Financial Services LLC","shortName":"Fidelity","location":"Boston, MA","smaAssets":13088765}],"custodyNote":"Arlen Capital has custody of $10.8M in client assets for 16 clients.","leadership":[{"name":"Frank McGoff","title":"Chief Compliance Officer/Executive Vice President","crd":"865966"},{"name":"Peter Sullivan","title":"President and Manager","crd":"828191"},{"name":"Adam Sullivan","title":"Executive Vice President","crd":"4901150"}],"ownership":[{"label":"Arlen Corporation","detail":"Owner in the 75% or more ownership band and a control person, since March 2001."},{"label":"Peter Sullivan","detail":"Indirect owner: a owner of Arlen Corporation in the 75% or more band and a control person, since March 2001.","parent":"Arlen Corporation"}],"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Rhode Island","offices":1,"addresses":[{"street":"117 Metro Center Boulevard, Suite 2006","city":"Warwick","headquarters":true}]}],"brochureServices":["financial planning","insurance"],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"401-854-3500","stateRegisteredReps":4,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Portfolio management for individuals and/or small businesses","Selection of other advisers (including private fund managers)"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":2},{"label":"Securities issued by registered investment companies or business development companies","percent":91},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":4},{"label":"Cash and cash equivalents","percent":3}],"privateFunds":0},"sources":{"adv1FilingDate":"26 February 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/118113/PDF/118113.pdf","brochureDate":"26 February 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1012441","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Arlen Capital have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Arlen Capital offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Arlen Capital charge?","answer":"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.","source":"FORM ADV PART 2A, filed 26 February 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Arlen Capital use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Arlen Capital have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Arlen Capital invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Arlen Capital?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Arlen Capital get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Is Arlen Capital registered with the SEC?","answer":"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","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Arlen Capital?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 26 February 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. 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."}