# Cloud Capital Management

> Cloud Capital Management is an SEC-registered investment advisory firm in Seattle, WA, registered since 2023, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated September 29, 2026.

- CRD: 317325
- Filed as: CLOUD CAPITAL MANAGEMENT
- Legal name: Cloud Capital Management, LLC
- Also doing business as: CLOUD CAPITAL
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Seattle, WA
- Filing period: October 2026
- Form ADV filing dated: September 29, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/317325
- AdvisorCensus page: https://advisorcensus.com/firm/cloud-capital-management-seattle-wa-317325

## Quick answers

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

**Where is Cloud Capital Management located?**
Cloud Capital Management's principal office is in Seattle, WA, according to its Form ADV; the October 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Cloud Capital Management registered with the SEC or a state?**
Cloud Capital Management is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 317325.

**How much does Cloud Capital Management manage?**
Cloud Capital Management reports $300,205,177 in regulatory assets under management in its Form ADV filing dated September 29, 2026 (100% discretionary).

**How have Cloud Capital Management's assets and staff changed since 2023?**
In the Form ADV data for Cloud Capital Management: Regulatory assets under management: $146,477,292 in the October 2023 data and $300,205,177 in the October 2026 data, up 105%. Total employees: 3 in October 2023 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Cloud Capital Management serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (65); high net worth individuals (65); corporations or other businesses not listed above (1).

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

**Does Cloud Capital Management report any disciplinary disclosures?**
Reports 2 disclosure items on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation) and 11.D(4) (another regulator's order in the past ten years). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/317325

**Does Cloud Capital Management state an account minimum?**
Its Form ADV Part 2A brochure dated March 23, 2026 says: "We have a minimum AUM relationship of $2 million per household but reserve the right to waive or lower that for specific clients or situations."

**What changed in Cloud Capital Management's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 4 to 5. Regulatory assets under management went from $189,895,038 to $300,205,177 (+58%).

## 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 23, 2026)

- Account minimum: $2,000,000 (the brochure says it may be waived or negotiated)

> We have a minimum AUM relationship of $2 million per household but reserve the right to waive or lower that for specific clients or situations.

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.
- Fidelity Brokerage 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: $300,205,177
- Discretionary: $300,205,177
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 65 | $26,684,105 |
| High net worth individuals | 65 | $273,467,215 |
| Corporations or other businesses not listed above | 1 | $53,857 |

### 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: 2023 (3 years)
- Employees: 5 total, 5 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, CO, FL, TX, WA
- Disclosures (Item 11): Reports 2 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.D(2): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?
- 11.D(4): In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/317325

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

### Websites listed on Form ADV (Item 1.I)
- cloudcapital.us
- cloudcapitaladvisors.com
- cloudcapitalmgmt.com
- LinkedIn @cloud-capital-management

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2023 | $146,477,292 | 3 | August 10, 2023 |
| October 2024 | $157,408,973 | 3 | July 1, 2024 |
| October 2025 | $189,895,038 | 4 | June 27, 2025 |
| October 2026 | $300,205,177 | 5 | September 29, 2026 |

Regulatory assets under management: $146,477,292 in the October 2023 data and $300,205,177 in the October 2026 data, up 105%.
Total employees: 3 in October 2023 and 5 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 4 to 5.
- Regulatory assets under management went from $189,895,038 to $300,205,177 (+58%).

### February 2026
- Added an office in Irvine, CA.
- No longer lists an office in El Segundo, CA.

### January 2026
- Registered or notice-filed in AZ.

### December 2025
- Item 11 disclosure answers changed: 2 yes answers, previously 0 (now yes: 11.D(2), 11.D(4)).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Cloud Capital Management (CRD 317325): Form ADV filing data as of October 2026.