# Philosophy Capital Management LLC

> Philosophy Capital Management LLC is an SEC-registered investment advisory firm in Alamo, CA, registered since 2021, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 17, 2026.

- CRD: 308425
- Filed as: PHILOSOPHY CAPITAL MANAGEMENT LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Alamo, CA
- Filing period: October 2026
- Form ADV filing dated: March 17, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/308425
- AdvisorCensus page: https://advisorcensus.com/firm/philosophy-capital-management-llc-alamo-ca-308425

## Quick answers

**How is Philosophy Capital Management LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Philosophy Capital Management LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees; other. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Philosophy Capital Management LLC located?**
Philosophy Capital Management LLC's principal office is in Alamo, CA, according to its Form ADV.

**Is Philosophy Capital Management LLC registered with the SEC or a state?**
Philosophy Capital Management LLC is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 308425.

**How much does Philosophy Capital Management LLC manage?**
Philosophy Capital Management LLC reports $1,663,132,679 in regulatory assets under management in its Form ADV filing dated March 17, 2026 (100% discretionary).

**How have Philosophy Capital Management LLC's assets and staff changed since 2021?**
In the Form ADV data for Philosophy Capital Management LLC: Regulatory assets under management: $168,954,708 in the October 2021 data and $1,663,132,679 in the October 2026 data, up 884%. Total employees: 4 in October 2021 and 8 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Philosophy Capital Management LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (4); charitable organizations (1).

**Which custodians does Philosophy Capital Management LLC use?**
Philosophy Capital Management LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Goldman Sachs & Co. LLC and National Financial Services LLC as custodians holding 10% or more of its separately managed account assets.

**Does Philosophy 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/308425

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- Goldman Sachs & Co. LLC
- National Financial Services LLC

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: $1,663,132,679
- Discretionary: $1,663,132,679
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 4 | $1,515,030,728 |
| Charitable organizations | 1 | $148,101,951 |

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

### Firm details
- Registered since: 2021 (5 years)
- Employees: 8 total, 4 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- philosophycap.com
- LinkedIn @philosophy-capital

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $168,954,708 | 4 | March 17, 2021 |
| October 2022 | $536,302,815 | 7 | September 22, 2022 |
| October 2023 | $935,516,951 | 7 | March 30, 2023 |
| October 2024 | $1,183,313,132 | 8 | March 19, 2024 |
| October 2025 | $1,568,435,148 | 8 | May 6, 2025 |
| October 2026 | $1,663,132,679 | 8 | March 17, 2026 |

Regulatory assets under management: $168,954,708 in the October 2021 data and $1,663,132,679 in the October 2026 data, up 884%.
Total employees: 4 in October 2021 and 8 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Philosophy Capital Management LLC (CRD 308425): Form ADV filing data as of October 2026.