{"url":"https://nivawealth.com/firms/xps-capital-311665","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/311665","regulatoryAum":151094700,"crd":"311665","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"4777695","suffix":null,"lastName":"COPE","firstName":"JOSEPH","middleName":"MICHAEL"},{"crd":"2171115","suffix":null,"lastName":"COPE","firstName":"KEVIN","middleName":"PATRICK"}],"total":2,"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":"2022-06-09","regulatoryAum":130286386,"clients":296,"employees":6,"offices":4},{"filedOn":"2023-04-20","regulatoryAum":140851141,"clients":610,"employees":6,"offices":3},{"filedOn":"2024-05-10","regulatoryAum":153447243,"clients":646,"employees":7,"offices":3},{"filedOn":"2025-07-01","regulatoryAum":79097835,"clients":230,"employees":6,"offices":1},{"filedOn":"2026-07-23","regulatoryAum":151094700,"clients":164,"employees":6,"offices":1}],"secFileNumber":"801-124729","legalName":"XPS Capital LLC","displayName":"XPS Capital","slug":"xps-capital-311665","website":"https://copeconnelly.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/cope-corrales","founded":null,"organization":"District of Columbia limited liability company","fiscalYearEnd":"December","headquarters":{"street":"1700 N. Moore St., Suite 1130","city":"Arlington","state":"VA","stateName":"Virginia","country":"United States","postalCode":"22209"},"tradeNames":["Cope Connelly","Govconwealth"],"registration":{"secApproved":"22 April 2022","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":649741.3669064748,"staff":{"employees":6,"advisory":2,"brokerDealerReps":1,"insuranceAgents":1,"promoters":0},"aum":{"regulatory":151094700,"discretionary":151094700,"discretionaryAccounts":252,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":21},"clientTypes":[{"label":"Individuals (other than HNW)","clients":71,"regulatoryAum":1621943},{"label":"High-net-worth individuals","clients":68,"regulatoryAum":88692107},{"label":"Pooled investment vehicles","clients":5,"regulatoryAum":57727389},{"label":"Corporations and other businesses","clients":20,"regulatoryAum":3053261}],"feePrograms":[{"role":"other","program":"Financial Planning","summary":"Fixed financial planning fees range from $99 to $25,000 depending on plan complexity, paid 100% in advance and refundable within five business days.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1052653","versionId":1052653,"submittedOn":"2026-07-23","documentName":"ADV 2A - XPS CAPITAL DBA COPE CONNELLY"},{"role":"other","program":"Pension Consulting","summary":"Pension and 401(k) plan consulting is a flat annual fee of 1.00% on all assets, billed monthly in arrears; fees are negotiable.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1052653","versionId":1052653,"submittedOn":"2026-07-23","documentName":"ADV 2A - XPS CAPITAL DBA COPE CONNELLY"},{"role":"other","program":"Private Placement Consulting","summary":"Charged in addition to the portfolio management fee: 0.75% on the first $500,000, 0.60% to $3,000,000, 0.50% to $5,000,000, 0.40% to $10,000,000 and 0.30% above that.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1052653","versionId":1052653,"submittedOn":"2026-07-23","documentName":"ADV 2A - XPS CAPITAL DBA COPE CONNELLY"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed_no_numerical_schedule","checkedAt":"2026-10-22T16:48:12.292008+00:00","documents":[{"name":"ADV 2A - XPS CAPITAL DBA COPE CONNELLY","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1052653","versionId":1052653,"submittedOn":"2026-07-23"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":55380000},{"name":"Fidelity Brokerage Services LLC","shortName":"Fidelity","location":"Greenwich, CT","smaAssets":16988000}],"custodyNote":"XPS Capital does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Joseph Cope","title":"Managing Member & Chief Compliance Officer","crd":"4777695"}],"ownership":[{"label":"Joseph Cope","detail":"Managing member & chief compliance officer in the 50% to 75% ownership band and a control person, since May 2019."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Virginia","offices":1,"addresses":[{"street":"1700 N. Moore St., Suite 1130","city":"Arlington","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"888-336-8402","stateRegisteredReps":2,"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":"26-50","assetMix":[{"label":"Exchange-traded equity securities","percent":65},{"label":"Securities issued by registered investment companies or business development companies","percent":33},{"label":"Cash and cash equivalents","percent":2}],"privateFunds":5},"sources":{"adv1FilingDate":"23 July 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/311665/PDF/311665.pdf","brochureDate":"23 July 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1052653","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 XPS Capital have?","answer":"XPS Capital has 164 clients and manages $151 million for them, as of July 2026. They include 71 individual clients, 68 high-net-worth individuals, and 20 corporations and other businesses.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 23 July 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does XPS Capital offer?","answer":"XPS Capital 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 XPS Capital use?","answer":"XPS Capital’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $55.4M and Fidelity Brokerage Services LLC (Greenwich, CT), with $17M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 23 July 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does XPS Capital have?","answer":"XPS Capital has 2 investment adviser representatives registered with state securities authorities, out of 6 employees, and 2 perform investment advisory functions. 1 employee is a registered representative 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 XPS Capital invest in?","answer":"At the end of its last fiscal year, XPS Capital’s separately managed accounts held 65% exchange-traded equities, 33% registered funds (mutual funds, ETFs, BDCs) and 2% cash and equivalents. It advises 5 private funds.","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 XPS Capital?","answer":"XPS Capital’s direct owner is Joseph Cope (50% to 75%).","source":"Form ADV Part 1A, Schedules A and B, filed 23 July 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does XPS Capital get paid?","answer":"XPS 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":"How do I contact XPS Capital?","answer":"XPS Capital’s main office is at 1700 N. Moore St., Suite 1130, Arlington, VA 22209. Its phone number is 888-336-8402. Its website is copeconnelly.com.","source":"Form ADV Part 1A, Item 1.F, filed 23 July 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."}