{
  "crd_number": 150647,
  "slug": "firsthand-capital-management-inc-san-jose-ca-150647",
  "primary_business_name": "FIRSTHAND CAPITAL MANAGEMENT, INC.",
  "legal_name": "FIRSTHAND CAPITAL MANAGEMENT, INC.",
  "dbas": [
    "FIRSTHAND CAPITAL MANAGEMENT, INC.",
    "FIRSTHAND VENTURE ASSOCIATES, LLC (RELYING ADVISER)"
  ],
  "city": "San Jose",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "41940",
  "metro": {
    "cbsa_code": "41940",
    "common_name": "San Jose",
    "msa_name": "San Jose-Sunnyvale-Santa Clara, CA",
    "path": "/advisors/ca/san-jose"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2009-07-09",
  "years_registered": 17,
  "period": "2026-10-01",
  "filing_date": "2026-07-31",
  "carried_forward": false,
  "raum_total": 58567545.0,
  "raum_discretionary": 58567545.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "25m_100m",
  "raum_band_label": "$25 million to $100 million",
  "total_employees": 5,
  "advisory_employees": 2,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": null,
      "count": 0,
      "description": "NONE",
      "fewer_than_5": true
    },
    "charitable": {
      "raum": null,
      "count": 0,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": null,
      "count": 0,
      "fewer_than_5": true
    },
    "banking_thrift": {
      "raum": null,
      "count": 0,
      "fewer_than_5": true
    },
    "state_municipal": {
      "raum": null,
      "count": 0,
      "fewer_than_5": true
    },
    "insurance_companies": {
      "raum": null,
      "count": 0,
      "fewer_than_5": true
    },
    "investment_companies": {
      "raum": 58567545.0,
      "count": 2
    },
    "pension_profit_sharing": {
      "raum": null,
      "count": 0,
      "fewer_than_5": true
    },
    "other_investment_advisers": {
      "raum": null,
      "count": 0,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": null,
      "count": 0,
      "fewer_than_5": true
    },
    "pooled_investment_vehicles": {
      "raum": null,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": null,
      "count": 0,
      "fewer_than_5": true
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 1
    },
    "sovereign_wealth_foreign_official": {
      "raum": null,
      "count": 0,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_investment_companies"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA"
  ],
  "websites": [
    "https://firsthandcapital.com",
    "https://firsthandfunds.com",
    "https://firsthandtvf.com",
    "https://linkedin.com/COMPANY/FIRSTHAND-CAPITAL-MANAGEMENT",
    "https://twitter.com/FIRSTHANDSVVC"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/150647",
  "city_as_filed": "SAN JOSE",
  "url": "https://advisorcensus.com/firm/firsthand-capital-management-inc-san-jose-ca-150647",
  "display_name": "Firsthand Capital Management, Inc.",
  "summary": "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.",
  "citation": "AdvisorCensus. Firsthand Capital Management, Inc. (CRD 150647): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for investment companies (and business development companies)"
  ],
  "quick_answers": [
    {
      "q": "How is Firsthand Capital Management, Inc. compensated?",
      "a": "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."
    },
    {
      "q": "Where is Firsthand Capital Management, Inc. located?",
      "a": "Firsthand Capital Management, Inc.'s principal office is in San Jose, CA, according to its Form ADV."
    },
    {
      "q": "Is Firsthand Capital Management, Inc. registered with the SEC or a state?",
      "a": "Firsthand Capital Management, Inc. is an SEC-registered investment advisory firm, registered since 2009. Status as filed: Approved. CRD 150647."
    },
    {
      "q": "How much does Firsthand Capital Management, Inc. manage?",
      "a": "Firsthand Capital Management, Inc. reports $58,567,545 in regulatory assets under management in its Form ADV filing dated July 31, 2026 (100% discretionary)."
    },
    {
      "q": "How have Firsthand Capital Management, Inc.'s assets and staff changed since 2021?",
      "a": "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."
    },
    {
      "q": "What types of clients does Firsthand Capital Management, Inc. serve?",
      "a": "By number of clients on Form ADV Item 5.D: investment companies (2); business development companies (1)."
    },
    {
      "q": "Does Firsthand Capital Management, Inc. report any disciplinary disclosures?",
      "a": "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"
    },
    {
      "q": "What changed in Firsthand Capital Management, Inc.'s recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $51,089,718 to $58,567,545 (+15%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 489545146.0,
      "total_employees": 12,
      "filing_date": "2021-03-30"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 389956072.0,
      "total_employees": 11,
      "filing_date": "2022-03-30"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 127865967.0,
      "total_employees": 7,
      "filing_date": "2023-03-30"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 86104605.0,
      "total_employees": 5,
      "filing_date": "2024-03-29"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 51089718.0,
      "total_employees": 5,
      "filing_date": "2025-03-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 58567545.0,
      "total_employees": 5,
      "filing_date": "2026-07-31"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $51,089,718 to $58,567,545 (+15%)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/firsthand-capital-management-inc-san-jose-ca-150647.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 0,
      "fewer_than_5": true,
      "raum": null
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 0,
      "fewer_than_5": true,
      "raum": null
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": true,
      "raum": null
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 2,
      "fewer_than_5": false,
      "raum": 58567545.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 1,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 0,
      "fewer_than_5": true,
      "raum": null
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 0,
      "fewer_than_5": true,
      "raum": null
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": true,
      "raum": null
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": true,
      "raum": null
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": true,
      "raum": null
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": true,
      "raum": null
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 0,
      "fewer_than_5": true,
      "raum": null
    },
    {
      "type": "other",
      "label": "Other",
      "count": 0,
      "fewer_than_5": true,
      "raum": null
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "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/150647",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}