{
  "crd_number": 145634,
  "slug": "ocean-park-asset-management-llc-santa-monica-ca-145634",
  "primary_business_name": "OCEAN PARK ASSET MANAGEMENT, LLC",
  "legal_name": "OCEAN PARK ASSET MANAGEMENT, LLC",
  "dbas": [],
  "city": "Santa Monica",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "31080",
  "metro": {
    "cbsa_code": "31080",
    "common_name": "Los Angeles",
    "msa_name": "Los Angeles-Long Beach-Anaheim, CA",
    "path": "/advisors/ca/los-angeles"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2007-11-30",
  "years_registered": 18,
  "period": "2026-10-01",
  "filing_date": "2026-07-15",
  "carried_forward": false,
  "raum_total": 3935467285.0,
  "raum_discretionary": 3935467285.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 58,
  "advisory_employees": 7,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 117913.0,
      "count": 1,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 17305563.0,
      "count": 120
    },
    "investment_companies": {
      "raum": 3910657353.0,
      "count": 12
    },
    "pension_profit_sharing": {
      "raum": 179380.0,
      "count": 1,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 7207076.0,
      "count": 4,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_individuals",
    "portfolio_management_investment_companies"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "CO",
    "FL",
    "LA",
    "TN",
    "TX",
    "VA"
  ],
  "websites": [
    "https://linkedin.com/company/oceanpark",
    "https://linkedin.com/company/sierra-mutual-funds",
    "https://oceanparkam.com",
    "https://oceanparketfs.com",
    "https://oceanparkmutualfunds.com",
    "https://sierramutualfunds.com",
    "https://youtube.com/@OceanParkAssetManagement"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/145634",
  "city_as_filed": "SANTA MONICA",
  "url": "https://advisorcensus.com/firm/ocean-park-asset-management-llc-santa-monica-ca-145634",
  "display_name": "Ocean Park Asset Management, LLC",
  "summary": "Ocean Park Asset Management, LLC is an SEC-registered investment advisory firm in Santa Monica, CA, registered since 2007, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated July 15, 2026.",
  "citation": "AdvisorCensus. Ocean Park Asset Management, LLC (CRD 145634): 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",
    "Portfolio management for investment companies (and business development companies)"
  ],
  "quick_answers": [
    {
      "q": "How is Ocean Park Asset Management, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Ocean Park Asset 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."
    },
    {
      "q": "Where is Ocean Park Asset Management, LLC located?",
      "a": "Ocean Park Asset Management, LLC's principal office is in Santa Monica, CA, according to its Form ADV; the August 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Ocean Park Asset Management, LLC registered with the SEC or a state?",
      "a": "Ocean Park Asset Management, LLC is an SEC-registered investment advisory firm, registered since 2007. Status as filed: Approved. CRD 145634."
    },
    {
      "q": "How much does Ocean Park Asset Management, LLC manage?",
      "a": "Ocean Park Asset Management, LLC reports $3,935,467,285 in regulatory assets under management in its Form ADV filing dated July 15, 2026 (100% discretionary)."
    },
    {
      "q": "How have Ocean Park Asset Management, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Ocean Park Asset Management, LLC: Regulatory assets under management: $4,013,631,162 in the October 2021 data and $3,935,467,285 in the October 2026 data, down 2%. Total employees: 2 in October 2021 and 58 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Ocean Park Asset Management, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (120); investment companies (12); high net worth individuals (4)."
    },
    {
      "q": "Which custodians does Ocean Park Asset Management, LLC use?",
      "a": "Ocean Park Asset Management, LLC'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 Ocean Park Asset Management, LLC 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/145634"
    },
    {
      "q": "What changed in Ocean Park Asset Management, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 8 to 7. Regulatory assets under management went from $4,872,145,667 to $3,935,467,285 (-19%). Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 4013631162.0,
      "total_employees": 2,
      "filing_date": "2021-03-15"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 5182046335.0,
      "total_employees": 6,
      "filing_date": "2022-07-20"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 5567179039.0,
      "total_employees": 8,
      "filing_date": "2023-09-26"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 4783632013.0,
      "total_employees": 39,
      "filing_date": "2024-09-06"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 4872145667.0,
      "total_employees": 61,
      "filing_date": "2025-06-27"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 3935467285.0,
      "total_employees": 58,
      "filing_date": "2026-07-15"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 8 to 7.",
        "Regulatory assets under management went from $4,872,145,667 to $3,935,467,285 (-19%).",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "No longer registered or notice-filed in NE, NH, NV, NY, OR, WI."
      ]
    }
  ],
  "fees_from_brochure": null,
  "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/ocean-park-asset-management-llc-santa-monica-ca-145634.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 120,
      "fewer_than_5": false,
      "raum": 17305563.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 4,
      "fewer_than_5": true,
      "raum": 7207076.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 12,
      "fewer_than_5": false,
      "raum": 3910657353.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 1,
      "fewer_than_5": true,
      "raum": 179380.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 1,
      "fewer_than_5": true,
      "raum": 117913.0
    }
  ],
  "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/145634",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}