# Ocean Park Asset Management, LLC

> 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.

- CRD: 145634
- Filed as: OCEAN PARK ASSET MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Santa Monica, CA
- Filing period: October 2026
- Form ADV filing dated: July 15, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/145634
- AdvisorCensus page: https://advisorcensus.com/firm/ocean-park-asset-management-llc-santa-monica-ca-145634

## Quick answers

**How is Ocean Park Asset Management, LLC compensated?**
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.

**Where is Ocean Park Asset Management, LLC located?**
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).

**Is Ocean Park Asset Management, LLC registered with the SEC or a state?**
Ocean Park Asset Management, LLC is an SEC-registered investment advisory firm, registered since 2007. Status as filed: Approved. CRD 145634.

**How much does Ocean Park Asset Management, LLC manage?**
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).

**How have Ocean Park Asset Management, LLC's assets and staff changed since 2021?**
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.

**What types of clients does Ocean Park Asset Management, LLC serve?**
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).

**Which custodians does Ocean Park Asset Management, LLC use?**
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.

**Does Ocean Park Asset 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/145634

**What changed in Ocean Park Asset Management, LLC's recent Form ADV filings?**
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).

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

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: $3,935,467,285
- Discretionary: $3,935,467,285
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 120 | $17,305,563 |
| High net worth individuals | 4 | $7,207,076 |
| Investment companies | 12 | $3,910,657,353 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 1 | $179,380 |
| Charitable organizations | 1 | $117,913 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies (and business development companies)

### Firm details
- Registered since: 2007 (18 years)
- Employees: 58 total, 7 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: CA, CO, FL, LA, TN, TX, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the August 2026 filing
- Nashville, TN

### Websites listed on Form ADV (Item 1.I)
- oceanparkam.com
- oceanparketfs.com
- oceanparkmutualfunds.com
- sierramutualfunds.com
- LinkedIn @oceanpark
- LinkedIn @sierra-mutual-funds
- YouTube @OceanParkAssetManagement

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $4,013,631,162 | 2 | March 15, 2021 |
| October 2022 | $5,182,046,335 | 6 | July 20, 2022 |
| October 2023 | $5,567,179,039 | 8 | September 26, 2023 |
| October 2024 | $4,783,632,013 | 39 | September 6, 2024 |
| October 2025 | $4,872,145,667 | 61 | June 27, 2025 |
| October 2026 | $3,935,467,285 | 58 | July 15, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- 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).

### January 2026
- No longer registered or notice-filed in NE, NH, NV, NY, OR, WI.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Ocean Park Asset Management, LLC (CRD 145634): Form ADV filing data as of October 2026.