# Blume Capital Management, Inc.

> Blume Capital Management, Inc. is an SEC-registered investment advisory firm in Berkeley, CA, registered since 1998, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated May 27, 2026.

- CRD: 111768
- Filed as: BLUME CAPITAL MANAGEMENT, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Berkeley, CA
- Filing period: October 2026
- Form ADV filing dated: May 27, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/111768
- AdvisorCensus page: https://advisorcensus.com/firm/blume-capital-management-inc-berkeley-ca-111768

## Quick answers

**How is Blume Capital Management, Inc. compensated?**
On its Form ADV (Item 5.E, October 2026), Blume Capital Management, Inc. reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**Where is Blume Capital Management, Inc. located?**
Blume Capital Management, Inc.'s principal office is in Berkeley, CA, according to its Form ADV; the June 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Blume Capital Management, Inc. registered with the SEC or a state?**
Blume Capital Management, Inc. is an SEC-registered investment advisory firm, registered since 1998. Status as filed: Approved. CRD 111768.

**How much does Blume Capital Management, Inc. manage?**
Blume Capital Management, Inc. reports $856,631,801 in regulatory assets under management in its Form ADV filing dated May 27, 2026 (100% discretionary).

**How have Blume Capital Management, Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Blume Capital Management, Inc.: Regulatory assets under management: $473,099,819 in the October 2021 data and $856,631,801 in the October 2026 data, up 81%. Total employees: 7 in October 2021 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Blume Capital Management, Inc. serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (175); individuals (other than high net worth individuals) (67).

**Which custodians does Blume Capital Management, Inc. use?**
Blume Capital Management, Inc.'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 Blume Capital Management, Inc. 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/111768

**Does Blume Capital Management, Inc. state an account minimum?**
Its Form ADV Part 2A brochure dated May 26, 2026 says: "Blume Capital generally imposes a $2,500,000 minimum asset requirement however, does not impose a mandatory fee requirement for opening or maintaining an account."

**What changed in Blume Capital Management, Inc.'s recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $696,128,093 to $856,631,801 (+23%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated May 26, 2026)

- Account minimum: $2,500,000

> Blume Capital generally imposes a $2,500,000 minimum asset requirement however, does not impose a mandatory fee requirement for opening or maintaining 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))
- 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: $856,631,801
- Discretionary: $856,631,801
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 67 | $21,452,428 |
| High net worth individuals | 175 | $834,483,006 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $696,367 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 1998 (28 years)
- Employees: 7 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, FL, MA, NY, OR, TX, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the June 2026 filing
- Orinda, CA

### Websites listed on Form ADV (Item 1.I)
- blumecapital.com
- LinkedIn @blume-capital-management-inc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $473,099,819 | 7 | September 8, 2021 |
| October 2022 | $580,628,386 | 7 | April 27, 2022 |
| October 2023 | $526,200,543 | 6 | March 22, 2023 |
| October 2024 | $639,914,572 | 6 | March 27, 2024 |
| October 2025 | $696,128,093 | 6 | March 31, 2025 |
| October 2026 | $856,631,801 | 7 | May 27, 2026 |

Regulatory assets under management: $473,099,819 in the October 2021 data and $856,631,801 in the October 2026 data, up 81%.
Total employees: 7 in October 2021 and 7 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $696,128,093 to $856,631,801 (+23%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Blume Capital Management, Inc. (CRD 111768): Form ADV filing data as of October 2026.