{"url":"https://nivawealth.com/firms/impact-capital-297413","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/297413","regulatoryAum":253350037,"crd":"297413","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"4578392","suffix":null,"lastName":"BANCROFT","firstName":"WILLIAM","middleName":"DENNIS"},{"crd":"6438308","suffix":null,"lastName":"COHEN","firstName":"DANIEL","middleName":"JARED"},{"crd":"3272365","suffix":null,"lastName":"Page","firstName":"Dawn","middleName":"Marie"}],"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":"2022-05-04","regulatoryAum":115182884,"clients":76,"employees":4,"offices":1},{"filedOn":"2023-03-17","regulatoryAum":157924882,"clients":112,"employees":4,"offices":1},{"filedOn":"2024-03-04","regulatoryAum":188079548,"clients":98,"employees":4,"offices":1},{"filedOn":"2025-03-13","regulatoryAum":240332620,"clients":105,"employees":4,"offices":1},{"filedOn":"2026-03-19","regulatoryAum":253350037,"clients":115,"employees":4,"offices":1}],"secFileNumber":"801-123536","legalName":"Impact Capital, LLC","displayName":"Impact Capital","slug":"impact-capital-297413","website":"https://impactcapital.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/impact-capital-llc/","xUrl":"https://twitter.com/impactcapllc","founded":"2018","organization":"Maryland limited liability company","fiscalYearEnd":"December","headquarters":{"street":"One Research Court, Suite 400","city":"Rockville","state":"MD","stateName":"Maryland","country":"United States","postalCode":"20850"},"tradeNames":[],"registration":{"secApproved":"25 March 2022","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":2229570.3571428573,"staff":{"employees":4,"advisory":3,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":253350037,"discretionary":253350037,"discretionaryAccounts":650,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":3},"clientTypes":[{"label":"Individuals (other than HNW)","clients":40,"regulatoryAum":15394429},{"label":"High-net-worth individuals","clients":72,"regulatoryAum":234317451},{"label":"Charitable organizations","clients":3,"fewerThan5":true,"regulatoryAum":3638157}],"feePrograms":[{"role":"other","program":"Financial Planning","summary":"Financial plans are a negotiated fixed rate of $400 per hour, with 50% paid in advance but never more than six months ahead.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1021456","versionId":1021456,"submittedOn":"2026-03-19","documentName":"ADV PART 2A-IMPACT CAPITAL, LLC"},{"role":"other","program":"Pension Consulting Services","summary":"Pension consulting is 0.50% of the plan assets for which IC provides consulting, negotiable and paid quarterly.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1021456","versionId":1021456,"submittedOn":"2026-03-19","documentName":"ADV PART 2A-IMPACT CAPITAL, LLC"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed_no_numerical_schedule","checkedAt":"2026-10-22T16:05:08.410064+00:00","documents":[{"name":"ADV PART 2A-IMPACT CAPITAL, LLC","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1021456","versionId":1021456,"submittedOn":"2026-03-19"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"West Lake, TX","smaAssets":302679000}],"custodyNote":"Impact Capital does not have custody of client assets.","leadership":[{"name":"William Bancroft","title":"Chief Executive Officer, Chief Compliance Officer","crd":"4578392"}],"ownership":[{"label":"The William D. Bancroft Revocable Trust","detail":"Owner in the 75% or more ownership band and a control person, since August 2018."},{"label":"William Bancroft","detail":"Indirect owner: a owner of The William D. Bancroft Revocable Trust in the 75% or more band and a control person, since August 2018.","parent":"The William D. Bancroft Revocable Trust"},{"label":"Jamie Bancroft","detail":"Indirect owner: a owner of The Jamie Lynn Bancroft Revocable Trust in the 75% or more band, since October 2025.","parent":"The Jamie Lynn Bancroft Revocable Trust"}],"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Maryland","offices":1,"addresses":[{"street":"One Research Court, Suite 400","city":"Rockville","headquarters":true}]}],"brochureServices":["education planning","insurance","philanthropic planning","tax planning"],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"301-417-3300","stateRegisteredReps":3,"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","Pension consulting services"],"financialPlanningClients":"101-250","assetMix":[{"label":"Exchange-traded equity securities","percent":14},{"label":"U.S. government/agency bonds","percent":1},{"label":"U.S. state and local bonds","percent":3},{"label":"Derivatives","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":50},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":21},{"label":"Cash and cash equivalents","percent":10}],"privateFunds":0},"sources":{"adv1FilingDate":"19 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/297413/PDF/297413.pdf","brochureDate":"19 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1021456","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 Impact Capital have?","answer":"Impact Capital has 115 clients and manages $253 million for them, as of March 2026. They include 72 high-net-worth individuals, 40 individual clients and 3 charitable organizations.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 19 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Impact Capital offer?","answer":"Impact Capital provides financial planning, portfolio management for individuals and small businesses, pension consulting, education planning, insurance, philanthropic planning, and tax planning.","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":"Which custodians does Impact Capital use?","answer":"Impact Capital’s separately managed account assets are held at Charles Schwab & Co., Inc. (West Lake, TX), with $303M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 19 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Impact Capital have?","answer":"Impact Capital has 3 investment adviser representatives registered with state securities authorities, out of 4 employees, and 3 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 Impact Capital invest in?","answer":"At the end of its last fiscal year, Impact Capital’s separately managed accounts held 50% registered funds (mutual funds, ETFs, BDCs), 21% pooled vehicles (private funds and similar), 14% exchange-traded equities, 10% cash and equivalents, 3% state and local bonds, 1% U.S. government and agency bonds and 1% derivatives.","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 Impact Capital?","answer":"Impact Capital is owned through a trust by William Bancroft. Its direct owners are the William D. Bancroft Revocable Trust (75% or more) and Jamie Bancroft (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 19 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Impact Capital get paid?","answer":"Impact Capital 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":"Is Impact Capital registered with the SEC?","answer":"Yes, Impact Capital has been registered with the SEC as an investment adviser since 25 March 2022. Its CRD number is 297413 and its SEC file number is 801-123536.","source":"Form ADV Part 1A, Item 1, filed 19 March 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Impact Capital?","answer":"Impact Capital’s main office is at One Research Court, Suite 400, Rockville, MD 20850. Its phone number is 301-417-3300. Its website is impactcapital.com.","source":"Form ADV Part 1A, Item 1.F, filed 19 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."}