Asset manager · Anchorage, AK
Alaska Permanent Capital Management, LLC
SEC-registered investment adviser · CRD 106233 · SEC 801-40501
At a glance
Alaska Permanent Capital Management, LLC is an SEC-registered investment adviser based in Anchorage, Alaska, with $4.4 billion in regulatory assets under management as of its Form ADV filed April 30, 2026. Its largest client group by assets is state or municipal government entities. By Form ADV it is a asset manager, ranked 735th of 3,218 asset managers and 2,283rd of 17,210 SEC-registered advisers by assets.
Main office 907-272-7575apcm.netLinkedInAs filed on Form ADV
- Regulatory AUM
- $4.4B
- Rank among asset managers
- #735 of 3,218
- Rank among all SEC RIAs
- #2,283 of 17,210
- Rank in Alaska
- #1 of 9
- Clients
- 90
- Accounts
- 187
- Discretionary
- 99% of AUM
- Employees
- 13
- Advisory staff
- 10
- Offices
- 1
Owners and executives on its Form ADV
- Brandy R. NiclaiCio; Officer Shareholder
- William J. LiermanCeo; Officer Shareholder
- Gail C. MannixCCO
Custody and brokerage
4 custodians
- Northern Trust$1.2B35%
- Principal Financial Group$1.1B33%
- Charles Schwab$588M17%
- Key Bank$502M15%
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| State or municipal government entities | 32 | $2.9B | 67% |
| Corporations or other businesses | 30 | $753M | 17% |
| Charitable organizations | 27 | $598M | 14% |
| Pension and profit sharing plans | 1 | $104M | 2% |
Disciplinary disclosures
Alaska Permanent Capital Management, LLC reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for businesses and institutions
- Selecting other advisers
- Periodicals or newsletters
- Other services
How it’s paid
- A percentage of assets under management
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗apcm.net ↗
AtlasMembers
The full record on Alaska Permanent Capital Management, LLC
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 733 peers of its type and size
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- Owners and executives, with titles and stakes
- 3 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
- 3Locked
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Background
Questions
How much does Alaska Permanent Capital Management, LLC manage?
Alaska Permanent Capital Management, LLC reports $4.4 billion in regulatory assets under management across 187 accounts, 99% of it on a discretionary basis, on its Form ADV filed April 30, 2026.
What kind of firm is Alaska Permanent Capital Management, LLC?
Alaska Permanent Capital Management, LLC is a asset manager by its Form ADV answers. Most of its assets are managed for funds, institutions or other businesses rather than individuals.
Who are Alaska Permanent Capital Management, LLC’s clients?
By assets, its largest client types are state or municipal government entities ($2.9 billion, 32 clients); corporations or other businesses ($753 million, 30 clients); charitable organizations ($598 million, 27 clients).
Does Alaska Permanent Capital Management, LLC have any disciplinary history?
Alaska Permanent Capital Management, LLC reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is Alaska Permanent Capital Management, LLC’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-04-30), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →