SourcingSourcing

HEARD CAPITAL LLC

C25
CRD 297176·SEC 801-117709·CHICAGO, IL
AUM
$2.40B
$1B+
Est. Revenue
$24.0M
@ 1% on AUM
Est. EBITDA
$7.2M
@ 30% margin
Est. Deal Value
$57.5M
@ 8× EBITDA

Identity

Registrations & legal identity

Legal name
HEARD CAPITAL LLC
CRD
297176
SEC file #
801-117709
EIN
833482023
DBA names
—

Economics

AUM
$2.40B
AUM band
$1B+
AUM trajectory
'20'26
$124.2M → $2.40B▲ +1830%
Client mix
State Or Municipal Govt5
Pooled Investment Vehicles2

Operations

Employees (total)
10
Advisory staff (per ADV)
5
Advisory staff (5-yr trend)
'20'26
5 advisors → 5 advisors▬ 0%
Primary office
CHICAGO IL
Branches
—

Custodian & Brokerage

Primary custodian
Morgan Stanleylow confidence
Services offered
Portfolio mgmt — pooled vehiclesPortfolio mgmt — businesses
Fee basis
% of AUMPerformance-based fees

Filings

Latest ADV filing
04/17/2026
ADV-W filed at
—
Website
heardcapital.com

Compliance

Disclosures (firm)
0
Trademark
—
Additional signalsExpand ▾

Ownership & succession ★

Who controls the firm + pre-computed succession flags

Top Owner Name
HEARD INVESTMENT MANAGER LLC
Top Owner Pct
87.5
Top Owner Entity Kind
DE
Owner Count
4
Control Persons
HEARD INVESTMENT MANAGER LLC
HEARD, WILLIAM, ELLAK
Solo Advisor Indicator
No
Succession Risk Solo Owner
No
Is Parent Owned Subsidiary
Yes

Availability / M&A ★

Already-acquired = skip; deal comps

Adv W Filed
No

Web presence ★

Stale website = winding down

Web Signal Quality
ok
Rdap Domain
HEARDCAPITAL.COM
Rdap Domain Creation Date
2011-10-20T01:13:38Z
Rdap Firm Age Years
15
Rdap Firm Age Band
10-20y
Rdap Registrar
Tucows Domains Inc.

Retirement-plan book (Form 5500) ★

401(k)/plan business — cross-sell value

Retirement Plan Book
No
Form 5500 Plan Count
1
Form 5500 Total Compensation
3,537,000
Form 5500 Compensation Trajectory 3y
20253,537,000
Form 5500 Plan Count Trajectory 3y
20251
Schedule C Total Compensation
3,537,000
Schedule C Service Provider Rows
1

SEC EDGAR

Edgar Cik
0001782471
Edgar Registered
Yes
Edgar Filing Count
8
Edgar First Filing Date
2019-07-16
Edgar Last Filing Date
2026-04-15
Edgar Form D Count
8
Edgar Form D Offerings
2026-04-152026-04-15 · 0001782471-26-000003
2025-04-162025-04-16 · 0001901772-25-000003

Compliance & brand

Firm Registration Status
active

All other collected signals (16)

Everything else we've pulled for this record, not yet curated into a section.

Adv W Recently Filed
No
Bc Firm Active Bc Count
0
Bc Firm Active IA Count
2
Bc Firm IAR Count
2
Custodian Candidates
Full
Morgan Stanley5
E*trade4
Northern Trust2
Bny Mellon2
Edgar Addresses
Mailing
1 NORTH WACKER DRIVESUITE 3650CHICAGO, IL 60606
Business
1 NORTH WACKER DRIVESUITE 3650CHICAGO, IL 60606
Edgar EIN
833482023
Edgar Recent Filings
D/A2026-04-15 · 0001782471-26-000003
D/A2025-04-16 · 0001901772-25-000003
Firm Has Custody
Yes
Mailing Office Differs
No
Rdap Domain Expiration Date
2031-10-20T01:13:38Z
Rdap Domain Last Changed
2022-05-18T09:08:40Z
Rdap Nameservers
Ns1.hover.comNs2.hover.com
Rdap Secure Dns Enabled
No
Rdap Status
Client Transfer ProhibitedClient Update Prohibited
Trust Company Affiliate
No

People (4)

4
HEARD, WILLIAM, ELLAK
IAR · Executive Officer · 2.5%
4578165
Richards, Mariska, Solange
Executive Officer · 2.5%
8041186
THIENEL, ANITA
Executive Officer · 2.5%
6111394
Joseph Kyungmin Lee
IAR
7038492