{
  "crd_number": 149596,
  "slug": "delta-investment-management-llc-san-francisco-ca-149596",
  "primary_business_name": "DELTA INVESTMENT MANAGEMENT, LLC",
  "legal_name": "DELTA INVESTMENT MANAGEMENT, LLC",
  "dbas": [
    "INTEGRATED FINANCIAL SOLUTIONS GROUP",
    "NORTHSTAR FINANCIAL & RETIREMENT PLANNING, LLC",
    "URA GROUP AZ L.L.C."
  ],
  "city": "San Francisco",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "41860",
  "metro": {
    "cbsa_code": "41860",
    "common_name": "San Francisco",
    "msa_name": "San Francisco-Oakland-Fremont, CA",
    "path": "/advisors/ca/san-francisco"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2018-09-19",
  "years_registered": 8,
  "period": "2026-10-01",
  "filing_date": "2026-04-17",
  "carried_forward": false,
  "raum_total": 856670613.0,
  "raum_discretionary": 856670613.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 25,
  "advisory_employees": 25,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 4157015.0,
      "count": null,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 277833860.0,
      "count": 934
    },
    "high_net_worth_individuals": {
      "raum": 574679738.0,
      "count": 165
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 2,
  "states_registered": [
    "AR",
    "AZ",
    "CA",
    "CO",
    "FL",
    "GA",
    "HI",
    "ID",
    "IL",
    "LA",
    "NC",
    "NE",
    "NH",
    "NM",
    "NV",
    "NY",
    "OH",
    "OR",
    "PA",
    "SC",
    "TN",
    "TX",
    "WA"
  ],
  "websites": [
    "https://deltaim.com",
    "https://facebook.com/NorthStar65",
    "https://facebook.com/URadvisorgroup",
    "https://getretirementplanning.com",
    "https://ifsgllc.com",
    "https://linkedin.com/company/delta-investment-management/about",
    "https://linkedin.com/company/northstar-financial-and-retirement-planning/about",
    "https://northstar65.com",
    "https://stopthewealthleakage.com",
    "https://twitter.com/URAGroupAZ"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/149596",
  "disclosure_items": [
    {
      "item": "11.D(4)",
      "question": "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?"
    },
    {
      "item": "11.D(5)",
      "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever denied, suspended, or revoked the registration or license of the firm or an advisory affiliate, prevented either by order from associating with an investment-related business, or restricted either one's activity?"
    }
  ],
  "city_as_filed": "SAN FRANCISCO",
  "url": "https://advisorcensus.com/firm/delta-investment-management-llc-san-francisco-ca-149596",
  "display_name": "Delta Investment Management, LLC",
  "summary": "Delta Investment Management, LLC is an SEC-registered investment advisory firm in San Francisco, CA, registered since 2018, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated April 17, 2026.",
  "citation": "AdvisorCensus. Delta Investment Management, LLC (CRD 149596): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is Delta Investment Management, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Delta Investment Management, LLC reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "Where is Delta Investment Management, LLC located?",
      "a": "Delta Investment Management, LLC's principal office is in San Francisco, CA, according to its Form ADV; the May 2026 filing also lists 4 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Delta Investment Management, LLC registered with the SEC or a state?",
      "a": "Delta Investment Management, LLC is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 149596."
    },
    {
      "q": "How much does Delta Investment Management, LLC manage?",
      "a": "Delta Investment Management, LLC reports $856,670,613 in regulatory assets under management in its Form ADV filing dated April 17, 2026 (100% discretionary)."
    },
    {
      "q": "How have Delta Investment Management, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Delta Investment Management, LLC: Regulatory assets under management: $509,602,867 in the October 2021 data and $856,670,613 in the October 2026 data, up 68%. Total employees: 19 in October 2021 and 25 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Delta Investment Management, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (934); high net worth individuals (165)."
    },
    {
      "q": "Which custodians does Delta Investment Management, LLC use?",
      "a": "Delta Investment Management, LLC'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."
    },
    {
      "q": "Does Delta Investment Management, LLC report any disciplinary disclosures?",
      "a": "Reports 2 disclosure items on Form ADV Item 11: yes answers to 11.D(4) (another regulator's order in the past ten years) and 11.D(5) (another regulator's denial, suspension, or revocation of a registration or license, bar, or restriction). 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/149596"
    },
    {
      "q": "Does Delta Investment Management, LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 29, 2026 says: \"Generally, Delta's minimum account size on the date of account opening is $50,000. We reserve the right to waive this minimum account size requirement at our sole discretion.\""
    },
    {
      "q": "What changed in Delta Investment Management, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: No longer lists the business name Rail-Splitter Capital Management. No longer lists the business name Open Source Capital Management. Regulatory assets under management went from $770,787,222 to $856,670,613 (+11%). No longer lists an office in Chicago, IL."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 509602867.0,
      "total_employees": 19,
      "filing_date": "2021-09-21"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 513891606.0,
      "total_employees": 21,
      "filing_date": "2022-04-24"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 531721525.0,
      "total_employees": 24,
      "filing_date": "2023-07-20"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 628859627.0,
      "total_employees": 25,
      "filing_date": "2024-07-16"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 770787222.0,
      "total_employees": 25,
      "filing_date": "2025-07-07"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 856670613.0,
      "total_employees": 25,
      "filing_date": "2026-04-17"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "No longer lists the business name Rail-Splitter Capital Management.",
        "No longer lists the business name Open Source Capital Management.",
        "Regulatory assets under management went from $770,787,222 to $856,670,613 (+11%).",
        "No longer lists an office in Chicago, IL."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 29, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$50,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $50,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "Generally, Delta's minimum account size on the date of account opening is $50,000. We reserve the right to waive this minimum account size requirement at our sole discretion."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 50000.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "Generally, Delta's minimum account size on the date of account opening is $50,000. We reserve the right to waive this minimum account size requirement at our sole discretion."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/delta-investment-management-llc-san-francisco-ca-149596.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 934,
      "fewer_than_5": false,
      "raum": 277833860.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 165,
      "fewer_than_5": false,
      "raum": 574679738.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": true,
      "raum": 4157015.0
    }
  ],
  "disclosure_line": "Reports 2 disclosure items on Form ADV Item 11.",
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/149596",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}