# DLK Investment Management

> DLK Investment Management is an SEC-registered investment advisory firm in Solana Beach, CA, registered since 2009, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 149096
- Filed as: DLK INVESTMENT MANAGEMENT
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Solana Beach, CA
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/149096
- AdvisorCensus page: https://advisorcensus.com/firm/dlk-investment-management-solana-beach-ca-149096

## Quick answers

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

**How much does DLK Investment Management charge?**
Its Form ADV Part 2A brochure dated March 30, 2026 states: Hourly rate: $250 to $500 an hour (financial planning services). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is DLK Investment Management located?**
DLK Investment Management's principal office is in Solana Beach, CA, according to its Form ADV.

**Is DLK Investment Management registered with the SEC or a state?**
DLK Investment Management is an SEC-registered investment advisory firm, registered since 2009. Status as filed: Approved. CRD 149096.

**How much does DLK Investment Management manage?**
DLK Investment Management reports $524,000,831 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (88% discretionary).

**How have DLK Investment Management's assets and staff changed since 2021?**
In the Form ADV data for DLK Investment Management: Regulatory assets under management: $266,021,917 in the October 2021 data and $524,000,831 in the October 2026 data, up 97%. Total employees: 5 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does DLK Investment Management serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (402); high net worth individuals (31); corporations or other businesses not listed above (27).

**Which custodians does DLK Investment Management use?**
DLK Investment Management'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 DLK Investment Management report any disciplinary disclosures?**
Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.E(4) (self-regulatory organization's expulsion, suspension, 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/149096

**What changed in DLK Investment Management's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 6 to 5. Regulatory assets under management went from $435,005,553 to $524,000,831 (+20%).

## 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 March 30, 2026)

- Minimum annual fee: $3,000

> DLK bases its fees on a percentage of assets under management and fixed fees for certain accounts not meeting the Firm’s minimum fee of $3,000 per annum.

- Hourly rate: $250 to $500 an hour (financial planning services)

> The Firm’s financial planning fees range from $250 to $500 per hour depending on the level and scope of the services required and the professionals rendering the services.

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: $524,000,831
- Discretionary: $458,699,651
- Non-discretionary: $65,301,180

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 402 | $206,747,042 |
| High net worth individuals | 31 | $108,624,378 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $969,963 |
| Charitable organizations | 7 | $19,945,901 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 27 | $46,978,917 |
| Other | Fewer than 5 | $140,734,630 |

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

### Firm details
- Registered since: 2009 (17 years)
- Employees: 5 total, 5 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, CO, LA, NJ, NV, TX, UT, WA
- Disclosures (Item 11): Reports 1 disclosure item on Form ADV Item 11.

### Item 11 questions answered yes
- 11.E(4): Has a self-regulatory organization or a commodities exchange ever disciplined the firm or an advisory affiliate by expelling or suspending it from membership, barring or suspending it from association with other members, or otherwise restricting its activities?

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/149096

### Websites listed on Form ADV (Item 1.I)
- dlkinvest.com
- LinkedIn linkedin.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $266,021,917 | 5 | March 30, 2021 |
| October 2022 | $350,859,232 | 5 | July 21, 2022 |
| October 2023 | $291,956,507 | 6 | March 30, 2023 |
| October 2024 | $348,269,188 | 6 | June 6, 2024 |
| October 2025 | $435,005,553 | 7 | March 20, 2025 |
| October 2026 | $524,000,831 | 5 | March 30, 2026 |

Regulatory assets under management: $266,021,917 in the October 2021 data and $524,000,831 in the October 2026 data, up 97%.
Total employees: 5 in October 2021 and 5 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 6 to 5.
- Regulatory assets under management went from $435,005,553 to $524,000,831 (+20%).

### December 2025
- Registered or notice-filed in CO, NJ.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. DLK Investment Management (CRD 149096): Form ADV filing data as of October 2026.