# Orion Capital Management LLC

> Orion Capital Management LLC is an SEC-registered investment advisory firm in Coronado, CA, registered since 2020, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 26, 2026.

- CRD: 119428
- Filed as: ORION CAPITAL MANAGEMENT LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Coronado, CA
- Filing period: October 2026
- Form ADV filing dated: March 26, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/119428
- AdvisorCensus page: https://advisorcensus.com/firm/orion-capital-management-llc-coronado-ca-119428

## Quick answers

**How is Orion Capital Management LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Orion Capital Management LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**Where is Orion Capital Management LLC located?**
Orion Capital Management LLC's principal office is in Coronado, CA, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Orion Capital Management LLC registered with the SEC or a state?**
Orion Capital Management LLC is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 119428.

**How much does Orion Capital Management LLC manage?**
Orion Capital Management LLC reports $370,918,114 in regulatory assets under management in its Form ADV filing dated March 26, 2026 (100% discretionary).

**How have Orion Capital Management LLC's assets and staff changed since 2021?**
In the Form ADV data for Orion Capital Management LLC: Regulatory assets under management: $150,650,494 in the October 2021 data and $370,918,114 in the October 2026 data, up 146%. Total employees: 3 in October 2021 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Orion Capital Management LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (89); high net worth individuals (74).

**Which custodians does Orion Capital Management LLC use?**
Orion Capital 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 Orion 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/119428

**Does Orion Capital Management LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 26, 2026 says: "Generally, we require that clients maintain at least $250,000 under management with us. However, we may waive that minimum at our sole discretion."

**What changed in Orion Capital Management LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $256,676,559 to $370,918,114 (+45%). Registered or notice-filed in VA.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated March 26, 2026)

- Account minimum: $250,000 (the brochure says it may be waived or negotiated)

> Generally, we require that clients maintain at least $250,000 under management with us. However, we may waive that minimum at our sole discretion.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### 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: $370,918,114
- Discretionary: $370,514,457
- Non-discretionary: $403,657

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 89 | $36,684,665 |
| High net worth individuals | 74 | $312,163,603 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $12,596,260 |
| Charitable organizations | Fewer than 5 | $6,789,652 |
| Corporations or other businesses not listed above | Fewer than 5 | $2,683,934 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses

### Firm details
- Registered since: 2020 (6 years)
- Employees: 4 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, NH, TX, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Coronado, CA

### Websites listed on Form ADV (Item 1.I)
- definedbenefitplansolutions.com
- locumtenenstaxstrategy.com
- orioncapitalmgmt.com
- sierra-ws.com
- Facebook @OrionCapitalLLC
- Facebook @sierra-wealth-strategies
- Instagram @sierra_ws_chaz
- LinkedIn @orion-capital-management-llc
- LinkedIn @defined-benefit-plan-solutions

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $150,650,494 | 3 | March 18, 2021 |
| October 2022 | $192,748,067 | 4 | April 27, 2022 |
| October 2023 | $189,095,508 | 4 | April 3, 2023 |
| October 2024 | $218,468,828 | 4 | April 29, 2024 |
| October 2025 | $256,676,559 | 4 | March 29, 2025 |
| October 2026 | $370,918,114 | 4 | March 26, 2026 |

Regulatory assets under management: $150,650,494 in the October 2021 data and $370,918,114 in the October 2026 data, up 146%.
Total employees: 3 in October 2021 and 4 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $256,676,559 to $370,918,114 (+45%).
- Registered or notice-filed in VA.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Orion Capital Management LLC (CRD 119428): Form ADV filing data as of October 2026.