Thursday, October 22, 2026The Morning EditionOpen AtlasSign inJoin free
FinancialADVSR

Est. 2026The front page of wealth managementNew York

The Morning EditionFree · 6:30 AM ETSubscribe
RB An Amazon intern in 2020, Nevis CEO Mark Swan is the unlikely dream weaver for Focus Financial and other big RIA rollups with 'nightmare' integration issues -- with help from Schwab, Fidelity, OpenAI and AnthropicIN SpaceX’s AI segment now drives more than half its revenue. Here’s what advisors should watch nextFP Why AI might recommend your competitor instead of youFP Why clients are choosing phased retirement — and what advisors should know4K SPARK Forum Offering Scholarships for Retirement Plan AdvisorsFP What Schwab's new ETF platform fees mean for clients, advisorsWM RIA Platform Leaders Ask ‘What’s the Advantage in Having Your Own Form ADV?’IN Fake e-vite phishing scams put high-net-worth clients at riskRB Rick Wurster says Schwab is tackling its forced rationing of long/short SMAs with proprietary 'offering' to stretch balance sheet, but it may be more about a fee upside, a long/short manager saysIN Fintech bytes: 55ip, Vise, Syntax push tax-smart tools for RIAs

Wealth manager, wrap-program sponsor · Needham, MA

Commons Capital, LLC

SEC-registered investment adviser · CRD 165738 · SEC 801-113208

At a glance

Commons Capital, LLC is an SEC-registered investment adviser based in Needham, Massachusetts, with $307 million in regulatory assets under management as of its Form ADV filed August 31, 2026. Its largest client group by assets is high-net-worth individuals, and it reports 226 individual clients. By Form ADV it is a wealth manager (wrap-program sponsor), ranked 4,303rd of 8,915 wealth managers and 10,037th of 17,210 SEC-registered advisers by assets.

Main office 617-431-7200commonsllc.comLinkedInAs filed on Form ADV

Regulatory AUM
$307M
Rank among wealth managers
#4,303 of 8,915
Rank among all SEC RIAs
#10,037 of 17,210
Rank in Massachusetts
#451 of 627
Individual clients
226
High-net-worth clients
160
Accounts
728
Discretionary
92% of AUM
Employees
6
Advisory staff
6
Offices
2

Owners and executives on its Form ADV

Custody and brokerage

Custodian

  1. Fidelity$307M

Other RIAs using Fidelity

Broker-dealer

Hybrid RIA

Commons Capital, LLC is a hybrid RIA: 1 of its employees are also registered representatives of a broker-dealer.

Its Form ADV brochure (filed August 2026) names Leigh Baldwin & Co. as the broker-dealer its advisers are registered with.

Certain Advisory Persons are also registered representatives of Leigh Baldwin & Co., LLC (“LBC”) of Cazenovia, NY.

Other hybrid RIAs

Who it serves

Client typeClientsRegulatory AUMShare
High-net-worth individuals160$292M95%
Individuals66$15M5%

Disciplinary disclosures

Commons Capital, 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

How it’s paid

  • A percentage of assets under management
  • Fixed fees

Form ADV and brochures on the SEC’s adviser search ↗commonsllc.com ↗

AtlasMembers

The full record on Commons Capital, 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, 8 years of filings
Locked
Growth over one, three and five years
Locked
Rank against 6,559 peers of its type and size
Locked
Owners and executives, with titles and stakes
1 namedLocked
Main office, fax and compliance officer
Locked
Filing changes this year, with alerts
1Locked
Open Atlas free

Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.

Background

Questions

How much does Commons Capital, LLC manage?

Commons Capital, LLC reports $307 million in regulatory assets under management across 728 accounts, 92% of it on a discretionary basis, on its Form ADV filed August 31, 2026.

What kind of firm is Commons Capital, LLC?

Commons Capital, LLC is a wealth manager by its Form ADV answers. At least half of its regulatory assets are managed for individuals and high-net-worth individuals.

Who are Commons Capital, LLC’s clients?

By assets, its largest client types are high-net-worth individuals ($292 million, 160 clients); individuals ($15 million, 66 clients).

Does Commons Capital, LLC have any disciplinary history?

Commons Capital, 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 Commons Capital, 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 (2026-08-31), 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 →