{"url":"https://nivawealth.com/firms/broad-reach-capital-144686","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/144686","regulatoryAum":180469462,"crd":"144686","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"7670331","suffix":null,"lastName":"Smith","firstName":"Timothy","middleName":"Lee"},{"crd":"3073399","suffix":null,"lastName":"SYPHERS","firstName":"SCOTT","middleName":"AARON"},{"crd":"8081511","suffix":null,"lastName":"VanDeCar","firstName":"John","middleName":"Patrick"}],"total":3,"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":"2025-03-13","regulatoryAum":125952819,"clients":23,"employees":4,"offices":2},{"filedOn":"2026-05-21","regulatoryAum":180469462,"clients":22,"employees":4,"offices":2}],"secFileNumber":"801-130959","legalName":"Broad Reach Capital LLC","displayName":"Broad Reach Capital","slug":"broad-reach-capital-144686","website":null,"classification":{"segment":"institutions","segmentLabel":"Institutional","type":"institutional_asset_manager","typeLabel":"Asset manager","feeDisclosure":"payment_only"},"linkedinUrl":"https://www.linkedin.com/company/broad-reach-partners-llc-nc","founded":null,"organization":"North Carolina limited liability company","fiscalYearEnd":"December","headquarters":{"street":"1101 Haynes St, Suite 213","city":"Raleigh","state":"NC","stateName":"North Carolina","country":"United States","postalCode":"27604"},"tradeNames":[],"registration":{"secApproved":"21 August 2024","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":null,"staff":{"employees":4,"advisory":2,"brokerDealerReps":0,"insuranceAgents":1,"promoters":0},"aum":{"regulatory":180469462,"discretionary":180469462,"discretionaryAccounts":25,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":3,"fewerThan5":true,"regulatoryAum":586025},{"label":"High-net-worth individuals","clients":6,"regulatoryAum":2224777},{"label":"Insurance companies","clients":9,"regulatoryAum":172102250},{"label":"Corporations and other businesses","clients":4,"fewerThan5":true,"regulatoryAum":5556410}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[{"name":"Equity Trust Company","shortName":"Equity Trust","location":"Westlake, OH","smaAssets":66635365},{"name":"Interactive Brokers LLC","shortName":"Interactive Brokers","location":"Greenwich, CT","smaAssets":14898229},{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":4325618},{"name":"Pinnacle Financial Partners","shortName":"Pinnacle Financial Partners","location":"Nashville, TN","smaAssets":94700250}],"custodyNote":"Broad Reach Capital does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Scott Syphers","title":"Managing Member/CCO","crd":"3073399"}],"ownership":[{"label":"Scott Syphers","detail":"Managing member/cco in the 75% or more ownership band and a control person, since August 2011."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"foreignOffices":[],"officesByState":[{"state":"Georgia","offices":1,"addresses":[{"street":"253 Whigham Dairy RD","city":"Bainbridge"}]},{"state":"North Carolina","offices":1,"addresses":[{"street":"1101 Haynes St, Suite 213","city":"Raleigh","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"919-309-9325","stateRegisteredReps":2,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":21},{"label":"U.S. government/agency bonds","percent":3},{"label":"U.S. state and local bonds","percent":2},{"label":"Investment grade corporate bonds","percent":33},{"label":"Non-investment grade corporate bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":35},{"label":"Cash and cash equivalents","percent":5}],"privateFunds":0},"sources":{"adv1FilingDate":"21 May 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/144686/PDF/144686.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-21","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Broad Reach Capital have?","answer":"Broad Reach Capital has 22 clients and manages $180 million for them, as of May 2026. They include 9 insurance companies, 6 high-net-worth individuals, and 4 corporations and other businesses.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 21 May 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Broad Reach Capital offer?","answer":"Broad Reach Capital provides financial planning, portfolio management for individuals and small businesses, and portfolio management for institutions.","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 Broad Reach Capital use?","answer":"Broad Reach Capital’s separately managed account assets are held at Pinnacle Financial Partners (Nashville, TN), with $94.7M, Equity Trust Company (Westlake, OH), with $66.6M, Interactive Brokers LLC (Greenwich, CT), with $14.9M and Charles Schwab & Co., Inc. (Westlake, TX), with $4.33M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 21 May 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Broad Reach Capital have?","answer":"Broad Reach Capital has 2 investment adviser representatives registered with state securities authorities, out of 4 employees, and 2 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.","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 Broad Reach Capital invest in?","answer":"At the end of its last fiscal year, Broad Reach Capital’s separately managed accounts held 35% registered funds (mutual funds, ETFs, BDCs), 33% investment grade corporate bonds, 21% exchange-traded equities, 5% cash and equivalents, 3% U.S. government and agency bonds, 2% state and local bonds and 1% high-yield corporate bonds.","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 Broad Reach Capital?","answer":"Broad Reach Capital’s direct owner is Scott Syphers (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 21 May 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Broad Reach Capital get paid?","answer":"Broad Reach Capital is paid through a percentage of assets under management, hourly charges 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 Broad Reach Capital?","answer":"Broad Reach Capital’s main office is at 1101 Haynes St, Suite 213, Raleigh, NC 27604. Its phone number is 919-309-9325.","source":"Form ADV Part 1A, Item 1.F, filed 21 May 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."}