{"url":"https://nivawealth.com/firms/icapital-122816","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/122816","regulatoryAum":1452570340,"crd":"122816","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"5042968","suffix":null,"lastName":"GOODWIN","firstName":"MOLLY","middleName":"ANNE"},{"crd":"7724820","suffix":null,"lastName":"Krohomer","firstName":"Erika","middleName":null},{"crd":"5946687","suffix":null,"lastName":"MCMAHON","firstName":"TANYA","middleName":"MARIE"},{"crd":"6662367","suffix":null,"lastName":"Rooney","firstName":"Meghan","middleName":"Elisabeth"},{"crd":"5458116","suffix":null,"lastName":"RUTHERFORD","firstName":"RYAN","middleName":"D"},{"crd":"2809164","suffix":null,"lastName":"UMILE","firstName":"KATIE","middleName":"ANN"},{"crd":"6118309","suffix":null,"lastName":"Wells","firstName":"ERIN","middleName":"Flynn"}],"total":7,"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":"2021-03-30","regulatoryAum":848211455,"clients":225,"employees":11,"offices":1},{"filedOn":"2022-03-23","regulatoryAum":1094343348,"clients":237,"employees":10,"offices":1},{"filedOn":"2023-03-28","regulatoryAum":958495144,"clients":228,"employees":10,"offices":1},{"filedOn":"2024-03-28","regulatoryAum":1124268021,"clients":105,"employees":9,"offices":1},{"filedOn":"2025-04-10","regulatoryAum":1242907466,"clients":219,"employees":9,"offices":1},{"filedOn":"2026-03-30","regulatoryAum":1452570340,"clients":220,"employees":9,"offices":1}],"secFileNumber":"801-61527","legalName":"Icapital, LLC","displayName":"iCapital","slug":"icapital-122816","website":"https://icapitalforme.com/","classification":{"segment":"institutions","segmentLabel":"Institutional","type":"retirement_plan_adviser","typeLabel":"Retirement plans","feeDisclosure":"payment_only"},"linkedinUrl":"https://www.linkedin.com/company/icapital/about/","founded":null,"organization":"Massachusetts limited liability company","fiscalYearEnd":"December","headquarters":{"street":"62 Plympton Street","city":"Boston","state":"MA","stateName":"Massachusetts","country":"United States","postalCode":"02118"},"tradeNames":[],"registration":{"secApproved":"18 October 2002","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1356876.822222222,"staff":{"employees":9,"advisory":6,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":1452570340,"discretionary":1452179846,"discretionaryAccounts":524,"nonDiscretionary":390494,"nonDiscretionaryAccounts":4,"wrapProgram":null,"nonUsClientsPct":1,"nonAumClients":220},"clientTypes":[{"label":"Individuals (other than HNW)","clients":120,"regulatoryAum":45165145},{"label":"High-net-worth individuals","clients":60,"regulatoryAum":199072683},{"label":"Pension and profit-sharing plans","clients":39,"regulatoryAum":1207612786},{"label":"Charitable organizations","clients":1,"fewerThan5":true,"regulatoryAum":719726}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":399293149},{"name":"Fidelity Brokerage Services LLC","shortName":"Fidelity","location":"Smithfield, RI","smaAssets":894456604},{"name":"Alerus Securities Corporation","shortName":"Alerus Securities","location":"Grand Forks, ND","smaAssets":156134900}],"custodyNote":"iCapital has custody of $15.9M in client assets for 9 clients.","otherCustodians":[],"leadership":[{"name":"Katie Umile","title":"CEO/Manager/Chief Compliance Officer","crd":"2809164"},{"name":"Richard Umile","title":"Member","crd":"4682650"},{"name":"Rosemary Umile","title":"Member","crd":"5325764"}],"ownership":[{"label":"Katie Umile","detail":"Ceo/manager/chief compliance officer in the 75% or more ownership band and a control person, since August 2002."},{"label":"Richard Umile","detail":"Member in the 10% to 25% ownership band and a control person, since March 2003."},{"label":"Rosemary Umile","detail":"Member in the 10% to 25% ownership band and a control person, since April 2007."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Massachusetts","offices":1,"addresses":[{"street":"62 Plympton Street","city":"Boston","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"617-542-8700","stateRegisteredReps":6,"otherAdviserReps":0,"compensation":["A percentage of assets under management","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","Pension consulting services","Other"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":7},{"label":"U.S. government/agency bonds","percent":1},{"label":"U.S. state and local bonds","percent":1},{"label":"Investment grade corporate bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":93},{"label":"Cash and cash equivalents","percent":3}],"privateFunds":0},"sources":{"adv1FilingDate":"30 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/122816/PDF/122816.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 iCapital have?","answer":"iCapital has 220 clients and manages $1.45 billion for them, as of March 2026. They include 120 individual clients, 60 high-net-worth individuals, and 39 pension and profit-sharing plans.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does iCapital offer?","answer":"iCapital provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and pension consulting.","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 iCapital use?","answer":"iCapital’s separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $894M, Charles Schwab & Co., Inc. (San Francisco, CA), with $399M and Alerus Securities Corporation (Grand Forks, ND), with $156M. 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 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does iCapital have?","answer":"iCapital has 6 investment adviser representatives registered with state securities authorities, out of 9 employees, and 6 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 iCapital invest in?","answer":"At the end of its last fiscal year, iCapital’s separately managed accounts held 93% registered funds (mutual funds, ETFs, BDCs), 7% exchange-traded equities, 3% cash and equivalents, 1% U.S. government and agency bonds, 1% state and local bonds and 1% investment grade 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 iCapital?","answer":"iCapital’s direct owners are Katie Umile (75% or more), Richard Umile (10% to 25%) and Rosemary Umile (10% to 25%).","source":"Form ADV Part 1A, Schedules A and B, filed 30 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does iCapital get paid?","answer":"iCapital 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 iCapital?","answer":"iCapital’s main office is at 62 Plympton Street, Boston, MA 02118. Its phone number is 617-542-8700. Its website is icapitalforme.com.","source":"Form ADV Part 1A, Item 1.F, filed 30 March 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."}