Wealth manager, independent · Arlington, VA
Cope Connelly
XPS Capital LLC · SEC-registered investment adviser · CRD 311665 · SEC 801-124729
At a glance
Cope Connelly is an SEC-registered investment adviser based in Arlington, Virginia, with $151 million in regulatory assets under management as of its Form ADV filed July 23, 2026. Its largest client group by assets is high-net-worth individuals, and it reports 139 individual clients. By Form ADV it is a wealth manager, ranked 6,852nd of 8,915 wealth managers and 13,648th of 17,210 SEC-registered advisers by assets.
Main office 888-336-8402copeconnelly.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $151M
- Rank among wealth managers
- #6,852 of 8,915
- Rank among all SEC RIAs
- #13,648 of 17,210
- Rank in Virginia
- #244 of 300
- Individual clients
- 139
- High-net-worth clients
- 68
- Accounts
- 252
- Discretionary
- 100% of AUM
- Employees
- 6
- Advisory staff
- 2
- Offices
- 1
Owners and executives on its Form ADV
- Joseph M CopeManaging Member & Chief Compliance Officer
Custody and brokerage
Broker-dealer
Hybrid RIA
Cope Connelly is a hybrid RIA: 1 of its employees are also registered representatives of a broker-dealer.
Form ADV Part 1 doesn’t name an unaffiliated broker-dealer. The firm’s Part 2A brochure (Item 10) and each adviser’s record on the SEC’s adviser search do.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 68 | $89M | 59% |
| Pooled investment vehicles | 5 | $58M | 38% |
| Corporations or other businesses | 20 | $3M | 2% |
| Individuals | 71 | $2M | 1% |
Private funds
Cope Connelly reports 5 private funds with $19M in gross assets: private equity funds, other private funds (Form ADV Item 7.B).
Disciplinary disclosures
Cope Connelly 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
- Pension consulting
- Other services
How it’s paid
- A percentage of assets under management
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗copeconnelly.com ↗
AtlasMembers
The full record on Cope Connelly
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, 3 years of filings
- Locked
- Growth over one, three and five years
- Locked
- Rank against 5,403 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
- 5Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Cope Connelly manage?
Cope Connelly reports $151 million in regulatory assets under management across 252 accounts, 100% of it on a discretionary basis, on its Form ADV filed July 23, 2026.
What kind of firm is Cope Connelly?
Cope Connelly 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 Cope Connelly’s clients?
By assets, its largest client types are high-net-worth individuals ($89 million, 68 clients); pooled investment vehicles ($58 million, 5 clients); corporations or other businesses ($3 million, 20 clients).
Does Cope Connelly manage private funds?
Yes. It reports 5 private funds with $19 million in gross assets, including private equity funds, other private funds.
Does Cope Connelly have any disciplinary history?
Cope Connelly 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 Cope Connelly’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 (2026-07-23), 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 →