# Montecito Capital Management

> Montecito Capital Management is a state-registered investment advisory firm in Santa Barbara, CA, registered since 2004, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 123266
- Filed as: MONTECITO CAPITAL MANAGEMENT
- Legal name: Lytel, Kipley J.
- Registration: State-registered investment adviser (status as filed: APPROVED)
- Location: Santa Barbara, CA
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- Public record (IAPD): https://adviserinfo.sec.gov/firm/summary/123266
- AdvisorCensus page: https://advisorcensus.com/firm/montecito-capital-management-santa-barbara-ca-123266

## Quick answers

**How is Montecito Capital Management compensated?**
On its Form ADV (Item 5.E, October 2026), Montecito Capital Management reports these compensation arrangements: a percentage of assets under its management.

**Where is Montecito Capital Management located?**
Montecito Capital Management's principal office is in Santa Barbara, CA, according to its Form ADV.

**Is Montecito Capital Management registered with the SEC or a state?**
Montecito Capital Management is a state-registered investment advisory firm, registered since 2004. Status as filed: APPROVED. CRD 123266.

**How much does Montecito Capital Management manage?**
Montecito Capital Management reports $35,009,972 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (0% discretionary).

**What types of clients does Montecito Capital Management serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (13); high net worth individuals (12); other (7).

**Does Montecito Capital Management report any disciplinary disclosures?**
Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.H(1)(a) (court injunction in the past ten years). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/123266

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $35,009,972
- Discretionary: $0
- Non-discretionary: $35,009,972

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 13 | $7,350,404 |
| High net worth individuals | 12 | $26,290,749 |
| 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) | 1 | $63,509 |
| 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 | Not reported |
| Corporations or other businesses not listed above | 1 | $122,655 |
| Other | 7 | $1,182,655 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2004 (22 years)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA
- Disclosures (Item 11): Reports 1 disclosure item on Form ADV Item 11.

### Item 11 questions answered yes
- 11.H(1)(a): In the past ten years, has a domestic or foreign court issued an injunction against the firm or an advisory affiliate in connection with investment-related activity?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/123266

### Websites listed on Form ADV (Item 1.I)
- mcapitalmgt.com
- Facebook @MontecitoCapMgt
- LinkedIn @montecito-capital-management
- X @MontecitoCapMgt

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Montecito Capital Management (CRD 123266): Form ADV filing data as of October 2026.