# Dorchester Capital Advisors, LLC

> Dorchester Capital Advisors, LLC is an SEC-registered investment advisory firm in Los Angeles, CA, registered since 2012, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 157965
- Filed as: DORCHESTER CAPITAL ADVISORS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Los Angeles, CA
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/157965
- AdvisorCensus page: https://advisorcensus.com/firm/dorchester-capital-advisors-llc-los-angeles-ca-157965

## Quick answers

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

**How much does Dorchester Capital Advisors, LLC charge?**
Its Form ADV Part 2A brochure dated March 30, 2026 states: Flat fee: $20,000 a year (management fee payable to DCA by DSO II). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Dorchester Capital Advisors, LLC located?**
Dorchester Capital Advisors, LLC's principal office is in Los Angeles, CA, according to its Form ADV.

**Is Dorchester Capital Advisors, LLC registered with the SEC or a state?**
Dorchester Capital Advisors, LLC is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 157965.

**How much does Dorchester Capital Advisors, LLC manage?**
Dorchester Capital Advisors, LLC reports $1,652,959,000 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary).

**How have Dorchester Capital Advisors, LLC's assets and staff changed since 2021?**
In the Form ADV data for Dorchester Capital Advisors, LLC: Regulatory assets under management: $1,139,953,000 in the October 2021 data and $1,652,959,000 in the October 2026 data, up 45%. Total employees: 14 in October 2021 and 15 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Dorchester Capital Advisors, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (13).

**Does Dorchester Capital Advisors, LLC 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/157965

**Does Dorchester Capital Advisors, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 30, 2026 says: "Each open Dorchester Fund also has a minimum required investment amount of at least $2,000,000, which amount may be and, in certain cases, has been waived by Dorchester in its sole and absolute discretion."

**What changed in Dorchester Capital Advisors, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 12 to 11.

## 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 30, 2026)

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

> Each open Dorchester Fund also has a minimum required investment amount of at least $2,000,000, which amount may be and, in certain cases, has been waived by Dorchester in its sole and absolute discretion.

- Flat fee: $20,000 a year (management fee payable to DCA by DSO II)

> The management fee payable to DCA by DSO II for each calendar quarter has been reduced to a flat $20,000 per year (charged quarterly), starting January 1, 2021.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Regulatory assets under management (Item 5.F)
- Total: $1,652,959,000
- Discretionary: $1,651,144,000
- Non-discretionary: $1,815,000

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 13 | $1,651,144,000 |
| Charitable organizations | Fewer than 5 | $1,815,000 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2012 (14 years)
- Employees: 15 total, 11 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [dorchestercapital.com](https://dorchestercapital.com)
- LinkedIn @910339

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,139,953,000 | 14 | March 30, 2021 |
| October 2022 | $1,065,442,000 | 13 | March 31, 2022 |
| October 2023 | $1,067,568,000 | 14 | March 30, 2023 |
| October 2024 | $1,424,127,000 | 15 | July 10, 2024 |
| October 2025 | $1,596,718,000 | 16 | March 31, 2025 |
| October 2026 | $1,652,959,000 | 15 | March 30, 2026 |

Regulatory assets under management: $1,139,953,000 in the October 2021 data and $1,652,959,000 in the October 2026 data, up 45%.
Total employees: 14 in October 2021 and 15 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 12 to 11.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Dorchester Capital Advisors, LLC (CRD 157965): Form ADV filing data as of October 2026.