# HW Capital LLC

> HW Capital LLC is an SEC-registered investment advisory firm in Santa Monica, CA, registered since 2018, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 298731
- Filed as: HW CAPITAL LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Santa Monica, CA
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/298731
- AdvisorCensus page: https://advisorcensus.com/firm/hw-capital-llc-santa-monica-ca-298731

## Quick answers

**How is HW Capital LLC compensated?**
On its Form ADV (Item 5.E, October 2026), HW Capital LLC reports these compensation arrangements: fixed fees (other than subscription fees); other.

**Where is HW Capital LLC located?**
HW Capital LLC's principal office is in Santa Monica, CA, according to its Form ADV.

**Is HW Capital LLC registered with the SEC or a state?**
HW Capital LLC is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 298731.

**How much does HW Capital LLC manage?**
HW Capital LLC reports $320,950,405 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (0% discretionary).

**How have HW Capital LLC's assets and staff changed since 2021?**
In the Form ADV data for HW Capital LLC: Regulatory assets under management: $350,017,176 in the October 2021 data and $320,950,405 in the October 2026 data, down 8%. Total employees: 2 in October 2021 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does HW Capital LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (6).

**Which custodians does HW Capital LLC use?**
HW Capital LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists JPMorgan Chase Bank, N.A. as a custodian holding 10% or more of its separately managed account assets.

**Does HW Capital 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/298731

## From the Form ADV filing

### Compensation (Item 5.E)
- Fixed fees (other than subscription fees)
- Other

### Custodians (Schedule D, Section 5.K(3))
- JPMorgan Chase Bank, N.A.

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: $320,950,405
- Discretionary: $0
- Non-discretionary: $320,950,405

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 6 | $320,950,405 |
| 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 | 0 | $0 |
| 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 | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)
- Other

### Firm details
- Registered since: 2018 (7 years)
- Employees: 2 total, 2 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.

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $350,017,176 | 2 | March 17, 2021 |
| October 2022 | $355,301,785 | 2 | March 23, 2022 |
| October 2023 | $329,450,445 | 2 | September 14, 2023 |
| October 2024 | $288,726,739 | 2 | March 28, 2024 |
| October 2025 | $305,121,384 | 2 | March 28, 2025 |
| October 2026 | $320,950,405 | 2 | March 30, 2026 |

Regulatory assets under management: $350,017,176 in the October 2021 data and $320,950,405 in the October 2026 data, down 8%.
Total employees: 2 in October 2021 and 2 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. HW Capital LLC (CRD 298731): Form ADV filing data as of October 2026.