AdvisorCensus / Financial advisors / California / Los Angeles / Fell Capital Management
Fell Capital Management
Filed as FELL CAPITAL MANAGEMENT
Fell Capital Management is an SEC-registered investment advisory firm in Newport Beach, CA, registered since 1989, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 17, 2026.
Quick answers
From the filingHow is Fell Capital Management compensated?
On its Form ADV (Item 5.E, October 2026), Fell Capital Management reports these compensation arrangements: a percentage of assets under its management; performance-based fees.
How much does Fell Capital Management charge?
Its Form ADV Part 2A brochure dated March 17, 2026 states: Up to $500,000: 1.5% a year; $500,000 to $1,000,000: 1.25% a year; $1,000,000 to $2,000,000: 1% a year; Above $2,000,000: 0.75% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Fell Capital Management located?
Fell Capital Management's principal office is in Newport Beach, CA, according to its Form ADV.
Is Fell Capital Management registered with the SEC or a state?
Fell Capital Management is an SEC-registered investment advisory firm, registered since 1989. Status as filed: Approved. CRD 104986.
How much does Fell Capital Management manage?
Fell Capital Management reports $161,808,245 in regulatory assets under management in its Form ADV filing dated March 17, 2026 (100% discretionary).
How have Fell Capital Management's assets and staff changed since 2021?
In the Form ADV data for Fell Capital Management: Regulatory assets under management: $150,700,000 in the October 2021 data and $161,808,245 in the October 2026 data, up 7%. Total employees: 2 in October 2021 and 1 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Fell Capital Management serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (38); high net worth individuals (29); pension and profit sharing plans (but not the plan participants or government pension plans) (6).
Which custodians does Fell Capital Management use?
Fell Capital Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Pershing Advisor Solutions LLC as a custodian holding 10% or more of its separately managed account assets.
Does Fell Capital Management 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/104986
What changed in Fell Capital Management's recent Form ADV filings?
In the December 2025 filing data: Employees performing advisory functions went from 2 to 1. Updated its list of owners and control persons (Schedule A).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Performance-based fees
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2A| Assets | Annual rate |
|---|---|
| Up to $500,000 | 1.5% |
| $500,000 to $1,000,000 | 1.25% |
| $1,000,000 to $2,000,000 | 1% |
| Above $2,000,000 | 0.75% |
The brochure's wording
Our typical fee structure is as follows: First $ 500,000 1.50% per year Next $ 500,000 1.25% per year Next $1,000,000 1.00% per year Over $2,000,000 0.75% per year
Minimum annual fee: $3,000
The brochure's wording
Minimum Fee $3,000 per year
As stated in the firm's Form ADV Part 2A brochure dated March 17, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$161,808,245 as of October 2026, filing dated March 17, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Portfolio management for individuals and/or small businesses
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 1989 (37 years)
- Employees
- Total: 1. Performing investment advisory functions: 1.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
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.
- States registered or notice-filed
-
1 state or jurisdiction
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $161,808,245 | 1 | March 17, 2026 |
| October 2025 | $175,000,000 | 2 | March 21, 2025 |
| October 2024 | $164,000,000 | 2 | March 26, 2024 |
| October 2023 | $141,500,000 | 2 | March 28, 2023 |
| October 2022 | $165,000,000 | 2 | March 29, 2022 |
| October 2021 | $150,700,000 | 2 | March 26, 2021 |
Regulatory assets under management: $150,700,000 in the October 2021 data and $161,808,245 in the October 2026 data, up 7%.
Total employees: 2 in October 2021 and 1 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- December 2025
- Employees performing advisory functions went from 2 to 1.
- Updated its list of owners and control persons (Schedule A).
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.INot reported.
Source: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Fell Capital Management (CRD 104986): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/fell-capital-management-newport-beach-ca-104986