Advantage Capital Management Llc
- Regulatory AUM
- $8.3B
- Discretionary
- $8.1B
- Clients
- 13
- Avg AUM / client
- $635M
- Accounts
- 72
- Employees
- 30
AUM over time
Annual snapshots from Form ADV filings · as of May 14, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 5 | $442M | 5.35% |
| Insurance companies | 8 | $7.8B | 94.7% |
Private funds (3)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $364M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Pistosi I Llc | Other Private Fund | Delaware | $195M | 1 |
| Libresine I Llc | Other Private Fund | Delaware | $143M | 1 |
| Spp Opportunities Llc | Other Private Fund | Delaware | $26.5M | 1 |
People (2)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| King, Kenneth, Nmn | President | Jul 2012 (14y) | ≈ 56.25% – 100% via Advantage Capital Holdings Llc | |
| Michael Robert Saliba | Chief Compliance Officer | May 2018 (8y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Advantage Capital Holdings Llc | Member | Mar 2014 | A | 75% or more |
| Advantage Capital Partners Llc | Owner | Jul 2012 | B | ≈ 56.25% – 100% via Advantage Capital Holdings Llc |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- King, Kenneth, Nmn: 75% – 100% of Advantage Capital Holdings Llc × 75% – 100% direct ≈ 56.25% – 100% of the firm
- Advantage Capital Partners Llc: 75% – 100% of Advantage Capital Holdings Llc × 75% – 100% direct ≈ 56.25% – 100% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (3, $364M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Pistosi I Llc | Other Private Fund | $195M | $0 | 1 |
| Libresine I Llc | Other Private Fund | $143M | $0 | 1 |
| Spp Opportunities Llc | Other Private Fund | $26.5M | $0 | 1 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 05/14/2026 | 2.66 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
- • Other services
Custody
Reported custodians
- State Street $442M (5% of AUM) May 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: May 14, 2026.
View current Form ADV (SEC/IAPD) ↗