# Sfumato Capital Management LLC

> Sfumato Capital Management LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2026, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated August 17, 2026.

- CRD: 335852
- Filed as: SFUMATO CAPITAL MANAGEMENT LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: August 17, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/335852
- AdvisorCensus page: https://advisorcensus.com/firm/sfumato-capital-management-llc-new-york-ny-335852

## Quick answers

**How is Sfumato Capital Management LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Sfumato Capital Management LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**Where is Sfumato Capital Management LLC located?**
Sfumato Capital Management LLC's principal office is in New York, NY, according to its Form ADV; the September 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Sfumato Capital Management LLC registered with the SEC or a state?**
Sfumato Capital Management LLC is an SEC-registered investment advisory firm, registered since 2026. Status as filed: Approved. CRD 335852.

**How much does Sfumato Capital Management LLC manage?**
Sfumato Capital Management LLC reports $51,259,479 in regulatory assets under management in its Form ADV filing dated August 17, 2026 (94% discretionary).

**What types of clients does Sfumato 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) (3).

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

**Does Sfumato 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/335852

**Does Sfumato Capital Management LLC state an account minimum?**
Its Form ADV Part 2A brochure dated August 17, 2026 says: "The Advisor’s cumulative minimum account requirement for opening and maintaining an account is $1 million. However, the Advisor may at its sole discretion, accept accounts with a lower value."

**What changed in Sfumato Capital Management LLC's recent Form ADV filings?**
In the September 2026 filing data: Newly registered with the SEC.

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated August 17, 2026)

- Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)

> The Advisor’s cumulative minimum account requirement for opening and maintaining an account is $1 million. However, the Advisor may at its sole discretion, accept accounts with a lower value.

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

### Custodians (Schedule D, Section 5.K(3))
- National Financial Services LLC
- Wells Fargo Clearing 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: $51,259,479
- Discretionary: $47,945,795
- Non-discretionary: $3,313,684

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| High net worth individuals | Fewer than 5 | $10,822,461 |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $40,437,018 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- 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: 2026 (0 years)
- Employees: 3 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CT, NY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the September 2026 filing
- Stamford, CT

### Websites listed on Form ADV (Item 1.I)
- sfumato.holdings
- LinkedIn @sfumato-holdings

## Changes in the filing (last 12 months)

### September 2026
- Newly registered with the SEC.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Sfumato Capital Management LLC (CRD 335852): Form ADV filing data as of October 2026.