# Gervais Capital Management, LLC

> Gervais Capital Management, LLC is an SEC-registered investment advisory firm in Wilson, WY, registered since 2024, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated June 24, 2026.

- CRD: 299347
- Filed as: GERVAIS CAPITAL MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Wilson, WY
- Filing period: October 2026
- Form ADV filing dated: June 24, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/299347
- AdvisorCensus page: https://advisorcensus.com/firm/gervais-capital-management-llc-wilson-wy-299347

## Quick answers

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

**How much does Gervais Capital Management, LLC charge?**
Its Form ADV Part 2A brochure dated June 24, 2026 states: Hourly rate: $500 an hour (financial planning services). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Gervais Capital Management, LLC located?**
Gervais Capital Management, LLC's principal office is in Wilson, WY, according to its Form ADV.

**Is Gervais Capital Management, LLC registered with the SEC or a state?**
Gervais Capital Management, LLC is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 299347.

**How much does Gervais Capital Management, LLC manage?**
Gervais Capital Management, LLC reports $155,882,267 in regulatory assets under management in its Form ADV filing dated June 24, 2026 (92% discretionary).

**How have Gervais Capital Management, LLC's assets and staff changed since 2024?**
In the Form ADV data for Gervais Capital Management, LLC: Regulatory assets under management: $116,050,600 in the October 2024 data and $155,882,267 in the October 2026 data, up 34%. Total employees: 1 in October 2024 and 1 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Gervais Capital Management, LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (29); individuals (other than high net worth individuals) (13); other (2).

**Which custodians does Gervais Capital Management, LLC use?**
Gervais Capital Management, LLC'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 Gervais Capital Management, 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/299347

**Does Gervais Capital Management, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated June 24, 2026 says: "There is no account minimum for any of GCMLLC’s services."

**What changed in Gervais Capital Management, LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $134,351,818 to $155,882,267 (+16%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
- Performance-based fees

### Fees and minimums (Form ADV Part 2A brochure dated June 24, 2026)

- Account minimum: None

> There is no account minimum for any of GCMLLC’s services.

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

> The negotiated hourly fee for these services is $500 per hour with a minimum of 3 hours. GCMLLC may include the financial planning fees for portfolio management clients.

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: $155,882,267
- Discretionary: $143,194,323
- Non-discretionary: $12,687,944

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 13 | $5,677,026 |
| High net worth individuals | 29 | $139,417,309 |
| 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) | 0 | $0 |
| Charitable organizations | 1 | $2,949,172 |
| 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 | 1 | $2,749,148 |
| Other | 2 | $5,089,612 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Pension consulting services

### Firm details
- Registered since: 2024 (2 years)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, TX, WY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [gervaiscapital.com](https://gervaiscapital.com)

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2024 | $116,050,600 | 1 | August 20, 2024 |
| October 2025 | $134,351,818 | 1 | March 25, 2025 |
| October 2026 | $155,882,267 | 1 | June 24, 2026 |

Regulatory assets under management: $116,050,600 in the October 2024 data and $155,882,267 in the October 2026 data, up 34%.
Total employees: 1 in October 2024 and 1 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $134,351,818 to $155,882,267 (+16%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Gervais Capital Management, LLC (CRD 299347): Form ADV filing data as of October 2026.