# Avalon Capital Management

> Avalon Capital Management is an SEC-registered investment advisory firm in Menlo Park, CA, registered since 1992, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated July 21, 2026.

- CRD: 107501
- Filed as: AVALON CAPITAL MANAGEMENT
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Menlo Park, CA
- Filing period: October 2026
- Form ADV filing dated: July 21, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/107501
- AdvisorCensus page: https://advisorcensus.com/firm/avalon-capital-management-menlo-park-ca-107501

## Quick answers

**How is Avalon Capital Management compensated?**
On its Form ADV (Item 5.E, October 2026), Avalon Capital Management reports these compensation arrangements: a percentage of assets under its management; hourly charges. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Avalon Capital Management located?**
Avalon Capital Management's principal office is in Menlo Park, CA, according to its Form ADV.

**Is Avalon Capital Management registered with the SEC or a state?**
Avalon Capital Management is an SEC-registered investment advisory firm, registered since 1992. Status as filed: Approved. CRD 107501.

**How much does Avalon Capital Management manage?**
Avalon Capital Management reports $582,198,850 in regulatory assets under management in its Form ADV filing dated July 21, 2026 (80% discretionary).

**How have Avalon Capital Management's assets and staff changed since 2021?**
In the Form ADV data for Avalon Capital Management: Regulatory assets under management: $300,585,850 in the October 2021 data and $582,198,850 in the October 2026 data, up 94%. Total employees: 5 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Avalon Capital Management serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (129); individuals (other than high net worth individuals) (31); pension and profit sharing plans (but not the plan participants or government pension plans) (1).

**Which custodians does Avalon Capital Management use?**
Avalon Capital Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Avalon Capital Management report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/107501

**What changed in Avalon Capital Management's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 2 to 3. Regulatory assets under management went from $487,441,253 to $582,198,850 (+19%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $582,198,850
- Discretionary: $463,877,550
- Non-discretionary: $118,321,300

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 31 | $9,799,629 |
| High net worth individuals | 129 | $550,279,336 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 1 | $20,575,874 |
| Charitable organizations | 1 | $1,439,122 |
| Corporations or other businesses not listed above | 1 | $104,889 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses

### Firm details
- Registered since: 1992 (34 years)
- Employees: 5 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, NV, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- avaloncapital.com
- LinkedIn @2005914

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $300,585,850 | 5 | September 24, 2021 |
| October 2022 | $339,185,647 | 3 | March 18, 2022 |
| October 2023 | $371,587,300 | 3 | February 21, 2023 |
| October 2024 | $400,485,839 | 3 | January 31, 2024 |
| October 2025 | $487,441,253 | 5 | April 22, 2025 |
| October 2026 | $582,198,850 | 5 | July 21, 2026 |

Regulatory assets under management: $300,585,850 in the October 2021 data and $582,198,850 in the October 2026 data, up 94%.
Total employees: 5 in October 2021 and 5 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 2 to 3.
- Regulatory assets under management went from $487,441,253 to $582,198,850 (+19%).

### December 2025
- Employees performing advisory functions went from 3 to 2.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Avalon Capital Management (CRD 107501): Form ADV filing data as of October 2026.