AdvisorCensus / Financial advisors / California / San Jose / Firsthand Capital Management, Inc.
Firsthand Capital Management, Inc. is an SEC-registered investment advisory firm in San Jose, CA, registered since 2009, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated July 31, 2026.
Quick answers
From the filingHow is Firsthand Capital Management, Inc. compensated?
On its Form ADV (Item 5.E, October 2026), Firsthand Capital Management, Inc. reports these compensation arrangements: a percentage of assets under its management; performance-based fees.
Where is Firsthand Capital Management, Inc. located?
Firsthand Capital Management, Inc.'s principal office is in San Jose, CA, according to its Form ADV.
Is Firsthand Capital Management, Inc. registered with the SEC or a state?
Firsthand Capital Management, Inc. is an SEC-registered investment advisory firm, registered since 2009. Status as filed: Approved. CRD 150647.
How much does Firsthand Capital Management, Inc. manage?
Firsthand Capital Management, Inc. reports $58,567,545 in regulatory assets under management in its Form ADV filing dated July 31, 2026 (100% discretionary).
How have Firsthand Capital Management, Inc.'s assets and staff changed since 2021?
In the Form ADV data for Firsthand Capital Management, Inc.: Regulatory assets under management: $489,545,146 in the October 2021 data and $58,567,545 in the October 2026 data, down 88%. Total employees: 12 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 Firsthand Capital Management, Inc. serve?
By number of clients on Form ADV Item 5.D: investment companies (2); business development companies (1).
Does Firsthand Capital Management, Inc. 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/150647
What changed in Firsthand Capital Management, Inc.'s recent Form ADV filings?
In the April 2026 filing data: Regulatory assets under management went from $51,089,718 to $58,567,545 (+15%).
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
Regulatory assets under management
Item 5.F$58,567,545 as of October 2026, filing dated July 31, 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 investment companies (and business development companies)
Registration and firm details
Items 1, 2, 5- Also doing business as
- FIRSTHAND CAPITAL MANAGEMENT, INC., FIRSTHAND VENTURE ASSOCIATES, LLC (RELYING ADVISER)
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2009 (17 years)
- Employees
- Total: 5. Performing investment advisory functions: 2.
- Wrap fee program participation
- No.
- 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 | $58,567,545 | 5 | July 31, 2026 |
| October 2025 | $51,089,718 | 5 | March 28, 2025 |
| October 2024 | $86,104,605 | 5 | March 29, 2024 |
| October 2023 | $127,865,967 | 7 | March 30, 2023 |
| October 2022 | $389,956,072 | 11 | March 30, 2022 |
| October 2021 | $489,545,146 | 12 | March 30, 2021 |
Regulatory assets under management: $489,545,146 in the October 2021 data and $58,567,545 in the October 2026 data, down 88%.
Total employees: 12 in October 2021 and 5 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- April 2026
- Regulatory assets under management went from $51,089,718 to $58,567,545 (+15%).
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.ISource: 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. Firsthand Capital Management, Inc. (CRD 150647): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/firsthand-capital-management-inc-san-jose-ca-150647