# JCSD Capital, LLC

> JCSD Capital, LLC is an SEC-registered investment advisory firm in Walnut Creek, CA, registered since 2016, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated May 5, 2026.

- CRD: 163084
- Filed as: JCSD CAPITAL, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Walnut Creek, CA
- Filing period: October 2026
- Form ADV filing dated: May 5, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/163084
- AdvisorCensus page: https://advisorcensus.com/firm/jcsd-capital-llc-walnut-creek-ca-163084

## Quick answers

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

**Where is JCSD Capital, LLC located?**
JCSD Capital, LLC's principal office is in Walnut Creek, CA, according to its Form ADV.

**Is JCSD Capital, LLC registered with the SEC or a state?**
JCSD Capital, LLC is an SEC-registered investment advisory firm, registered since 2016. Status as filed: Approved. CRD 163084.

**How much does JCSD Capital, LLC manage?**
JCSD Capital, LLC reports $214,564,336 in regulatory assets under management in its Form ADV filing dated May 5, 2026 (88% discretionary).

**How have JCSD Capital, LLC's assets and staff changed since 2021?**
In the Form ADV data for JCSD Capital, LLC: Regulatory assets under management: $113,848,902 in the October 2021 data and $214,564,336 in the October 2026 data, up 88%. Total employees: 3 in October 2021 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does JCSD Capital, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (3); high net worth individuals (1).

**Which custodians does JCSD Capital, LLC use?**
JCSD Capital, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Wells Fargo Clearing Services, LLC as a custodian holding 10% or more of its separately managed account assets.

**Does JCSD 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/163084

**Does JCSD Capital, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 2, 2026 says: "The minimum initial investment is $500,000, subject to waiver at the discretion of JCSD."

**What changed in JCSD Capital, LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $174,424,041 to $214,564,336 (+23%).

## From the Form ADV filing

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

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

- Account minimum: $500,000 (the brochure says it may be waived or negotiated)

> The minimum initial investment is $500,000, subject to waiver at the discretion of JCSD.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Wells Fargo Clearing Services, LLC

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: $214,564,336
- Discretionary: $188,364,336
- Non-discretionary: $26,200,000

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 1 | $26,200,000 |
| 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) | 3 | $188,364,336 |
| 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 pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2016 (10 years)
- Employees: 4 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, TX
- 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 | $113,848,902 | 3 | April 12, 2021 |
| October 2022 | $146,970,764 | 3 | September 12, 2022 |
| October 2023 | $105,640,676 | 3 | April 4, 2023 |
| October 2024 | $120,442,130 | 3 | April 1, 2024 |
| October 2025 | $174,424,041 | 4 | June 6, 2025 |
| October 2026 | $214,564,336 | 4 | May 5, 2026 |

Regulatory assets under management: $113,848,902 in the October 2021 data and $214,564,336 in the October 2026 data, up 88%.
Total employees: 3 in October 2021 and 4 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $174,424,041 to $214,564,336 (+23%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. JCSD Capital, LLC (CRD 163084): Form ADV filing data as of October 2026.