{
  "crd_number": 106969,
  "slug": "moler-capital-management-las-vegas-nv-106969",
  "primary_business_name": "MOLER CAPITAL MANAGEMENT",
  "legal_name": "MOLER CAPITAL MANAGEMENT, LLC",
  "dbas": [],
  "city": "Las Vegas",
  "state": "NV",
  "country": "United States",
  "cbsa_code": "29820",
  "metro": {
    "cbsa_code": "29820",
    "common_name": "Las Vegas",
    "msa_name": "Las Vegas-Henderson-North Las Vegas, NV",
    "path": "/advisors/nv/las-vegas"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "1995-11-28",
  "years_registered": 30,
  "period": "2026-10-01",
  "filing_date": "2026-02-23",
  "carried_forward": false,
  "raum_total": 203797507.0,
  "raum_discretionary": 203797507.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 3,
  "advisory_employees": 2,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 11426680.0,
      "count": null,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 19229634.0,
      "count": 43
    },
    "pension_profit_sharing": {
      "raum": 10779178.0,
      "count": null,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 161744377.0,
      "count": 44
    },
    "corporations_other_businesses": {
      "raum": 617638.0,
      "count": null,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "NV",
    "TX"
  ],
  "websites": [
    "https://linkedin.com/company/moler-capital-management",
    "https://molercapital.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/106969",
  "city_as_filed": "LAS VEGAS",
  "url": "https://advisorcensus.com/firm/moler-capital-management-las-vegas-nv-106969",
  "display_name": "Moler Capital Management",
  "summary": "Moler Capital Management is an SEC-registered investment advisory firm in Las Vegas, NV, registered since 1995, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated February 23, 2026.",
  "citation": "AdvisorCensus. Moler Capital Management (CRD 106969): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is Moler Capital Management compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Moler Capital Management reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "What does Moler Capital Management's brochure say about its fees?",
      "a": "Its Form ADV Part 2A brochure dated February 23, 2026 states: Up to $3,500,000: 1% a year; $3,500,001 to $5,000,000: 0.8% a year; $5,000,001 to $10,000,000: 0.7% a year; Above $10,000,001: 0.5% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Moler Capital Management located?",
      "a": "Moler Capital Management's principal office is in Las Vegas, NV, according to its Form ADV; the March 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Moler Capital Management registered with the SEC or a state?",
      "a": "Moler Capital Management is an SEC-registered investment advisory firm, registered since 1995. Status as filed: Approved. CRD 106969."
    },
    {
      "q": "How much does Moler Capital Management manage?",
      "a": "Moler Capital Management reports $203,797,507 in regulatory assets under management in its Form ADV filing dated February 23, 2026 (100% discretionary)."
    },
    {
      "q": "How have Moler Capital Management's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Moler Capital Management: Regulatory assets under management: $140,595,079 in the October 2021 data and $203,797,507 in the October 2026 data, up 45%. Total employees: 3 in October 2021 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Moler Capital Management serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (44); individuals (other than high net worth individuals) (43)."
    },
    {
      "q": "Which custodians does Moler Capital Management use?",
      "a": "Moler Capital Management'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."
    },
    {
      "q": "Does Moler Capital Management report any disciplinary disclosures?",
      "a": "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/106969"
    },
    {
      "q": "What changed in Moler Capital Management's recent Form ADV filings?",
      "a": "In the March 2026 filing data: Regulatory assets under management went from $167,286,659 to $203,797,507 (+22%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 140595079.0,
      "total_employees": 3,
      "filing_date": "2021-03-17"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 165296910.0,
      "total_employees": 3,
      "filing_date": "2022-02-18"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 147277381.0,
      "total_employees": 3,
      "filing_date": "2023-02-24"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 158622569.0,
      "total_employees": 3,
      "filing_date": "2024-02-20"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 167286659.0,
      "total_employees": 3,
      "filing_date": "2025-02-16"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 203797507.0,
      "total_employees": 3,
      "filing_date": "2026-02-23"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Regulatory assets under management went from $167,286,659 to $203,797,507 (+22%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated February 23, 2026",
    "tiers": [
      {
        "band": "Up to $3,500,000",
        "rate": "1%"
      },
      {
        "band": "$3,500,001 to $5,000,000",
        "rate": "0.8%"
      },
      {
        "band": "$5,000,001 to $10,000,000",
        "rate": "0.7%"
      },
      {
        "band": "Above $10,000,001",
        "rate": "0.5%"
      }
    ],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Fee schedule",
        "statements": [
          "Up to $3,500,000: 1% a year",
          "$3,500,001 to $5,000,000: 0.8% a year",
          "$5,000,001 to $10,000,000: 0.7% a year",
          "Above $10,000,001: 0.5% a year"
        ],
        "quotes": [
          "MCM‘s advisory fees are charged based on a percentage of the client’s total assets under management, per the following schedule: Assets Under Management Annual Fee First $3,500,000 1.00% $3,500,001 to $5,000,000 0.80% $5,000,001 to $10,000,000 0.70% $10,000,001 + 0.50%"
        ]
      }
    ],
    "quotes": [
      "MCM‘s advisory fees are charged based on a percentage of the client’s total assets under management, per the following schedule: Assets Under Management Annual Fee First $3,500,000 1.00% $3,500,001 to $5,000,000 0.80% $5,000,001 to $10,000,000 0.70% $10,000,001 + 0.50%"
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/moler-capital-management-las-vegas-nv-106969.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 43,
      "fewer_than_5": false,
      "raum": 19229634.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 44,
      "fewer_than_5": false,
      "raum": 161744377.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": null,
      "fewer_than_5": true,
      "raum": 10779178.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": true,
      "raum": 11426680.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": null,
      "fewer_than_5": true,
      "raum": 617638.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/106969",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}