# Metis Capital Management LLC

> Metis Capital Management LLC is an SEC-registered investment advisory firm, registered since 2006, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated April 3, 2026.

- CRD: 133198
- Filed as: METIS CAPITAL MANAGEMENT LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Filing period: October 2026
- Form ADV filing dated: April 3, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/133198
- AdvisorCensus page: https://advisorcensus.com/firm/metis-capital-management-llc-133198

## Quick answers

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

**Is Metis Capital Management LLC registered with the SEC or a state?**
Metis Capital Management LLC is an SEC-registered investment advisory firm, registered since 2006. Status as filed: Approved. CRD 133198.

**How much does Metis Capital Management LLC manage?**
Metis Capital Management LLC reports $29,806,712 in regulatory assets under management in its Form ADV filing dated April 3, 2026 (100% discretionary).

**How have Metis Capital Management LLC's assets and staff changed since 2021?**
In the Form ADV data for Metis Capital Management LLC: Regulatory assets under management: $38,138,019 in the October 2021 data and $29,806,712 in the October 2026 data, down 22%. Total employees: 1 in October 2021 and 1 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Metis Capital Management LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (10); individuals (other than high net worth individuals) (8); charitable organizations (3).

**Does Metis 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/133198

**What changed in Metis Capital Management LLC's recent Form ADV filings?**
In the May 2026 filing data: Regulatory assets under management went from $34,456,414 to $29,806,712 (-13%).

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $29,806,712
- Discretionary: $29,806,712
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 8 | $1,160,997 |
| High net worth individuals | 10 | $22,300,778 |
| 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 | 3 | $6,344,937 |
| 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
- Portfolio management for businesses (other than small businesses) or institutional clients
- Educational seminars/workshops

### Firm details
- Registered since: 2006 (20 years)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, NY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- metiscap.com
- metiscapitalmanagement.com
- metiscm.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $38,138,019 | 1 | July 22, 2021 |
| October 2022 | $36,383,163 | 1 | May 17, 2022 |
| October 2023 | $40,827,106 | 1 | April 6, 2023 |
| October 2024 | $32,274,373 | 1 | June 5, 2024 |
| October 2025 | $34,456,414 | 1 | April 3, 2025 |
| October 2026 | $29,806,712 | 1 | April 3, 2026 |

Regulatory assets under management: $38,138,019 in the October 2021 data and $29,806,712 in the October 2026 data, down 22%.
Total employees: 1 in October 2021 and 1 in October 2026.

## Changes in the filing (last 12 months)

### May 2026
- Regulatory assets under management went from $34,456,414 to $29,806,712 (-13%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Metis Capital Management LLC (CRD 133198): Form ADV filing data as of October 2026.