← Directory
PALMER SQUARE BDC ADVISOR LLC
CRD 306742File 801-117865
APPROVED
Disclosure events
Filing as of Mar 31, 2026
Feed vintage Oct 1, 2026
Regulatory AUM
$1.22B
Above cohort median (national)
Discretionary AUM
$1.22B
Clients
1
1 accounts
Employees
76
Top 25% of cohort in KS
Identity & registration
ADV Item 1- Organization form
- Limited Liability Company
- Firm type
- Registered
- SEC region
- DRO
- Registration date
- Jan 2, 2020
- Principal office
- 1900 SHAWNEE MISSION PARKWAY,, SUITE 315,, MISSION WOODS, KS, 66205
- Phone
- 816-994-3200
Assets & accounts
ADV Item 5F- Total regulatory AUM
- $1.22B
- Discretionary AUM
- $1.22B
- Non-discretionary AUM
- $0
- Discretionary accounts
- 1
- Non-discretionary accounts
- 0
- Total accounts
- 1
- AUM per client
- $1.22B
Clients by type
ADV Item 5D| Client type | Clients | AUM |
|---|---|---|
| Business development companies | 1 | $1.22B |
Compensation & activities
ADV Items 5E, 5GCompensation
- Performance-based fees
- A percentage of assets under your management
Advisory activities
- Portfolio management for investment companies
Custody
ADV Item 9- Firm Custody Cash
- No
- Firm Custody Assets
- No
- Firm Custody Clients
- No
- Firm Custody Securities
- No
- Related Person Custody Cash
- No
- Related Person Custody Assets
- No
- Related Person Custody Clients
- No
- Related Person Custody Securities
- No
Disclosure events
ADV Item 11- Q11
- Q11C2
- Q11C4
- Q11C5
Filed changes
| Date | Field | From | To | Change |
|---|---|---|---|---|
| Apr 1, 2026 | Employees | 71 | 76 | increased by5 |
| Apr 1, 2026 | AUM | $1,363,582,236 | $1,217,683,795 | decreased by$145,898,441 |
| May 1, 2025 vs Oct 1, 2022 | Employees | 40 | 71 | increased by31 |
| May 1, 2025 vs Oct 1, 2022 | AUM | $1,113,007,191 | $1,363,582,236 | increased by$250,575,045 |
| Apr 1, 2022 | Employees | 33 | 40 | increased by7 |
| Apr 1, 2022 | AUM | $651,936,651 | $1,113,007,191 | increased by$461,070,540 |
| Apr 1, 2021 | Registration | — | APPROVED |
On Form 5500, an adviser usually appears as a plan service provider (Schedule C), not the plan sponsor.
See plans that list “PALMER SQUARE” as a service provider on 5500mcp →Matched by name only — Form ADV and Form 5500 share no identifier, and names are searched loosely (“PALMER SQUARE” may also match similarly-named firms). Confirm identity against each filing.
Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.