# Bernzott Capital Advisors

> Bernzott Capital Advisors is an SEC-registered investment advisory firm in Camarillo, CA, registered since 1999, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated April 20, 2026.

- CRD: 104583
- Filed as: BERNZOTT  CAPITAL ADVISORS
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Camarillo, CA
- Filing period: October 2026
- Form ADV filing dated: April 20, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/104583
- AdvisorCensus page: https://advisorcensus.com/firm/bernzott-capital-advisors-camarillo-ca-104583

## Quick answers

**How is Bernzott Capital Advisors compensated?**
On its Form ADV (Item 5.E, October 2026), Bernzott Capital Advisors reports these compensation arrangements: a percentage of assets under its management.

**Where is Bernzott Capital Advisors located?**
Bernzott Capital Advisors' principal office is in Camarillo, CA, according to its Form ADV.

**Is Bernzott Capital Advisors registered with the SEC or a state?**
Bernzott Capital Advisors is an SEC-registered investment advisory firm, registered since 1999. Status as filed: Approved. CRD 104583.

**How much does Bernzott Capital Advisors manage?**
Bernzott Capital Advisors reports $265,385,563 in regulatory assets under management in its Form ADV filing dated April 20, 2026 (98% discretionary).

**How have Bernzott Capital Advisors' assets and staff changed since 2021?**
In the Form ADV data for Bernzott Capital Advisors: Regulatory assets under management: $1,224,295,977 in the October 2021 data and $265,385,563 in the October 2026 data, down 78%. Total employees: 11 in October 2021 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Bernzott Capital Advisors serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (145); individuals (other than high net worth individuals) (39); corporations or other businesses not listed above (14).

**Which custodians does Bernzott Capital Advisors use?**
Bernzott Capital Advisors' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Investments as a custodian holding 10% or more of its separately managed account assets.

**Does Bernzott Capital Advisors 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/104583

**What changed in Bernzott Capital Advisors' recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 3 to 2. Registered or notice-filed in FL.

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated April 20, 2026)

- Minimum annual fee: None

> Bernzott Capital Advisors does not impose a minimum annual fee, and we do not charge any fees to establish an account or terminate an account.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Fidelity Investments

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: $265,385,563
- Discretionary: $260,181,433
- Non-discretionary: $5,204,130

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 39 | $6,224,411 |
| High net worth individuals | 145 | $189,717,652 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 6 | $6,001,852 |
| Charitable organizations | 9 | $25,703,518 |
| Other investment advisers | 1 | $5,204,130 |
| Corporations or other businesses not listed above | 14 | $32,534,000 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 1999 (26 years)
- Employees: 3 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, FL, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [bernzott.com](https://bernzott.com)

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,224,295,977 | 11 | March 19, 2021 |
| October 2022 | $1,244,765,548 | 11 | March 31, 2022 |
| October 2023 | $681,972,228 | 8 | August 24, 2023 |
| October 2024 | $311,084,205 | 4 | April 11, 2024 |
| October 2025 | $285,196,781 | 4 | April 28, 2025 |
| October 2026 | $265,385,563 | 3 | April 20, 2026 |

Regulatory assets under management: $1,224,295,977 in the October 2021 data and $265,385,563 in the October 2026 data, down 78%.
Total employees: 11 in October 2021 and 3 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 3 to 2.
- Registered or notice-filed in FL.

### January 2026
- No longer registered or notice-filed in FL, MA, MI, VA.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Bernzott Capital Advisors (CRD 104583): Form ADV filing data as of October 2026.