SourcingSourcing

ARMADA ETF ADVISORS LLC

B54
CRD 317979·SEC 801-123057·NOVI, MI
AUM
$10.2M
<$25M
Est. Revenue
$102K
@ 1% on AUM
Est. EBITDA
$31K
@ 30% margin
Est. Deal Value
$244K
@ 8× EBITDA

Identity

Registrations & legal identity

Legal name
ARMADA ETF ADVISORS LLC
CRD
317979
SEC file #
801-123057
EIN
—
DBA names
Armada Etfs

Economics

AUM
$10.2M
AUM band
<$25M
AUM trajectory
'25'26
$11.1M → $10.2M▼ -8%
Client mix
Investment Companies2

Operations

Employees (total)
1
Advisory staff (per ADV)
1
Advisory staff (5-yr trend)
'22'26
3 advisors → 1 advisors▼ -67%
Primary office
NOVI MI
Branches
—

Custodian & Brokerage

Primary custodian
E*Tradelow confidence
Services offered
Portfolio mgmt — investment companies
Fee basis
% of AUM

Filings

Latest ADV filing
04/20/2026
ADV-W filed at
—
Website
linkedin.com/company/armada-etf-advisors(social)

Compliance

Disclosures (firm)
0
Trademark
—
Additional signalsExpand ▾

Ownership & succession ★

Who controls the firm + pre-computed succession flags

Top Owner Name
INVENIAM CAPITAL PARTNERS, INC.
Top Owner Pct
87.5
Top Owner Entity Kind
DE
Owner Count
4
Control Persons
INVENIAM CAPITAL PARTNERS, INC.
Jartby, David
Solo Advisor Indicator
Yes
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
social_url_excluded:linkedin.com

Retirement-plan book (Form 5500) ★

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

Retirement Plan Book
No

SEC EDGAR

Edgar Registered
No

Local market & wealth

Rank targets by how wealthy the local market is

Soi High Wealth Score
0.4144
Soi Zip Pct 200k Plus
0.1471
Soi Zip Returns 200k Plus
1,650
Soi Zip Total AGI
1,332,538
Fdic Zip Total Deposits
20,874,423,000
Fdic Zip Branch Count
251
Fdic Zip Top Banks
Comerica Bank
JPMorgan Chase Bank, National Association

Compliance & brand

Firm Registration Status
active

All other collected signals (18)

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
0
Bc Firm IAR Count
0
Custodian Candidates
Full
E*trade4
Fdic Zip Branches Raw
Old Kent Bank - EastNovi, MI
First Federal of MichiganNovi, MI
Fdic Zip HHI
1109.18
Fdic Zip Top Bank Share Pct
21.38
Fdic Zip Year
2025
Firm Has Custody
No
Mailing Office Differs
No
Soi Year
2022
Soi Zip Distribution
Stub 1
AGI25,032
Returns2,330
Stub 2
AGI57,944
Returns1,570
Stub 3
AGI89,511
Returns1,430
Soi Zip Total Business Income
27,492
Soi Zip Total Cap Gains
57,063
Soi Zip Total Dividends
26,546
Soi Zip Total Returns
11,220
Trust Company Affiliate
No

People (3)

3
Jartby, David
Executive Officer · 2.5%
8257665
YABLUNSKY, ROBERT
Executive Officer · 2.5%
6863918
MCDEVITT, JOHN, THOMAS
Executive Officer · 2.5%
5234258