# Skba Capital Management, LLC

> Skba Capital Management, LLC is an SEC-registered investment advisory firm in San Francisco, CA, registered since 1999, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated April 15, 2026.

- CRD: 108542
- Filed as: SKBA CAPITAL MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: San Francisco, CA
- Filing period: October 2026
- Form ADV filing dated: April 15, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/108542
- AdvisorCensus page: https://advisorcensus.com/firm/skba-capital-management-llc-san-francisco-ca-108542

## Quick answers

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

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

**Is Skba Capital Management, LLC registered with the SEC or a state?**
Skba Capital Management, LLC is an SEC-registered investment advisory firm, registered since 1999. Status as filed: Approved. CRD 108542.

**How much does Skba Capital Management, LLC manage?**
Skba Capital Management, LLC reports $732,021,000 in regulatory assets under management in its Form ADV filing dated April 15, 2026 (100% discretionary).

**How have Skba Capital Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for Skba Capital Management, LLC: Regulatory assets under management: $660,632,950 in the October 2021 data and $732,021,000 in the October 2026 data, up 11%. Total employees: 11 in October 2021 and 10 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Skba Capital Management, LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (12); individuals (other than high net worth individuals) (9); investment companies (2).

**Which custodians does Skba Capital Management, LLC use?**
Skba Capital Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists The Bank of New York Mellon and The Northern Trust Company as custodians holding 10% or more of its separately managed account assets.

**Does Skba 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/108542

**What changed in Skba Capital Management, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 6 to 5. Regulatory assets under management went from $662,387,000 to $732,021,000 (+11%). 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
- Other

### Custodians (Schedule D, Section 5.K(3))
- The Bank of New York Mellon
- The Northern Trust Company

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: $732,021,000
- Discretionary: $732,021,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 9 | $5,381,000 |
| High net worth individuals | 12 | $51,669,000 |
| Investment companies | 2 | $31,984,000 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $21,313,000 |
| State or municipal government entities (including government pension plans) | Fewer than 5 | $525,515,000 |
| Corporations or other businesses not listed above | Fewer than 5 | $96,159,000 |

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

### Firm details
- Registered since: 1999 (27 years)
- Employees: 10 total, 5 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- skba.com
- LinkedIn @skba-capital-management-llc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $660,632,950 | 11 | June 4, 2021 |
| October 2022 | $599,005,000 | 11 | January 27, 2022 |
| October 2023 | $590,915,000 | 10 | June 7, 2023 |
| October 2024 | $646,017,000 | 10 | February 15, 2024 |
| October 2025 | $662,387,000 | 10 | June 3, 2025 |
| October 2026 | $732,021,000 | 10 | April 15, 2026 |

Regulatory assets under management: $660,632,950 in the October 2021 data and $732,021,000 in the October 2026 data, up 11%.
Total employees: 11 in October 2021 and 10 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 6 to 5.
- Regulatory assets under management went from $662,387,000 to $732,021,000 (+11%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Skba Capital Management, LLC (CRD 108542): Form ADV filing data as of October 2026.