# Check Capital Management Inc

> Check Capital Management Inc is an SEC-registered investment advisory firm in Costa Mesa, CA, registered since 1987, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated August 26, 2026.

- CRD: 107058
- Filed as: CHECK CAPITAL MANAGEMENT INC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Costa Mesa, CA
- Filing period: October 2026
- Form ADV filing dated: August 26, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/107058
- AdvisorCensus page: https://advisorcensus.com/firm/check-capital-management-inc-costa-mesa-ca-107058

## Quick answers

**How is Check Capital Management Inc compensated?**
On its Form ADV (Item 5.E, October 2026), Check Capital Management Inc reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**Where is Check Capital Management Inc located?**
Check Capital Management Inc's principal office is in Costa Mesa, CA, according to its Form ADV.

**Is Check Capital Management Inc registered with the SEC or a state?**
Check Capital Management Inc is an SEC-registered investment advisory firm, registered since 1987. Status as filed: Approved. CRD 107058.

**How much does Check Capital Management Inc manage?**
Check Capital Management Inc reports $2,370,626,516 in regulatory assets under management in its Form ADV filing dated August 26, 2026 (91% discretionary).

**How have Check Capital Management Inc's assets and staff changed since 2021?**
In the Form ADV data for Check Capital Management Inc: Regulatory assets under management: $1,255,708,810 in the October 2021 data and $2,370,626,516 in the October 2026 data, up 89%. Total employees: 10 in October 2021 and 12 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Check Capital Management Inc serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (1,192); corporations or other businesses not listed above (30); investment companies (1).

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

**Does Check 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/107058

**Does Check Capital Management Inc state an account minimum?**
Its Form ADV Part 2A brochure dated March 27, 2026 says: "CCM imposes a minimum investment of $500,000 per new Client. This requirement may be waived, at CCM’s sole discretion."

**What changed in Check Capital Management Inc's recent Form ADV filings?**
In the September 2026 filing data: Registered or notice-filed in CO.

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 27, 2026)

- Account minimum: $500,000 (the brochure says it may be waived or negotiated)

> CCM imposes a minimum investment of $500,000 per new Client. This requirement may be waived, at CCM’s sole discretion.

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.
- National Financial Services LLC

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: $2,370,626,516
- Discretionary: $2,147,163,348
- Non-discretionary: $223,463,168

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| High net worth individuals | 1,192 | $2,226,627,976 |
| Investment companies | 1 | $45,776,643 |
| Corporations or other businesses not listed above | 30 | $98,221,897 |

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

### Firm details
- Registered since: 1987 (39 years)
- Employees: 12 total, 9 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, CO, CT, FL, GA, HI, ID, IL, LA, MD, MI, MN, NC, NE, NH, NJ, NM, NV, NY, OH, OR, PA, TN, TX, UT, VA, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- checkcapital.com
- Facebook @checkcapital
- LinkedIn @check-capital-management-inc-
- X @CheckCapital

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,255,708,810 | 10 | March 25, 2021 |
| October 2022 | $1,605,508,839 | 10 | April 19, 2022 |
| October 2023 | $1,403,109,481 | 11 | March 28, 2023 |
| October 2024 | $1,735,092,627 | 11 | March 28, 2024 |
| October 2025 | $2,093,504,641 | 12 | March 26, 2025 |
| October 2026 | $2,370,626,516 | 12 | August 26, 2026 |

Regulatory assets under management: $1,255,708,810 in the October 2021 data and $2,370,626,516 in the October 2026 data, up 89%.
Total employees: 10 in October 2021 and 12 in October 2026.

## Changes in the filing (last 12 months)

### September 2026
- Registered or notice-filed in CO.

### April 2026
- Regulatory assets under management went from $2,093,504,641 to $2,370,626,516 (+13%).
- Registered or notice-filed in MD.
- Updated its list of owners and control persons (Schedule A).

### January 2026
- No longer registered or notice-filed in CO.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Check Capital Management Inc (CRD 107058): Form ADV filing data as of October 2026.