# Indiano Capital Management

> Indiano Capital Management is an SEC-registered investment advisory firm in Rochester, NY, registered since 2006, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 122620
- Filed as: INDIANO CAPITAL MANAGEMENT
- Legal name: Indiano Capital Management Inc.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Rochester, NY
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/122620
- AdvisorCensus page: https://advisorcensus.com/firm/indiano-capital-management-rochester-ny-122620

## Quick answers

**How is Indiano Capital Management compensated?**
On its Form ADV (Item 5.E, October 2026), Indiano Capital Management reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Indiano Capital Management located?**
Indiano Capital Management's principal office is in Rochester, NY, according to its Form ADV.

**Is Indiano Capital Management registered with the SEC or a state?**
Indiano Capital Management is an SEC-registered investment advisory firm, registered since 2006. Status as filed: Approved. CRD 122620.

**How much does Indiano Capital Management manage?**
Indiano Capital Management reports $253,822,996 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary).

**How have Indiano Capital Management's assets and staff changed since 2021?**
In the Form ADV data for Indiano Capital Management: Regulatory assets under management: $261,934,512 in the October 2021 data and $253,822,996 in the October 2026 data, down 3%. 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 Indiano 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 (12); insurance companies (2).

**Which custodians does Indiano Capital Management use?**
Indiano Capital Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Canandaigua National Corporation, Charles Schwab & Co., Inc., JP Morgan Private Bank, RBC Wealth Management and UBS Financial Services Inc. as custodians holding 10% or more of its separately managed account assets.

**Does Indiano 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/122620

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Custodians (Schedule D, Section 5.K(3))
- Canandaigua National Corporation
- Charles Schwab & Co., Inc.
- JP Morgan Private Bank
- RBC Wealth Management
- UBS Financial Services 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: $253,822,996
- Discretionary: $253,822,996
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 38 | $1,866,159 |
| High net worth individuals | 12 | $205,720,763 |
| Insurance companies | 2 | $46,165,990 |
| Corporations or other businesses not listed above | 1 | $70,084 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2006 (20 years)
- Employees: 2 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, NY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- indiano.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $261,934,512 | 2 | March 10, 2021 |
| October 2022 | $350,787,973 | 2 | March 29, 2022 |
| October 2023 | $285,637,646 | 2 | July 19, 2023 |
| October 2024 | $286,350,171 | 2 | March 21, 2024 |
| October 2025 | $275,561,867 | 2 | March 31, 2025 |
| October 2026 | $253,822,996 | 2 | March 30, 2026 |

Regulatory assets under management: $261,934,512 in the October 2021 data and $253,822,996 in the October 2026 data, down 3%.
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. Indiano Capital Management (CRD 122620): Form ADV filing data as of October 2026.