{
  "crd_number": 149108,
  "slug": "telos-capital-management-inc-san-diego-ca-149108",
  "primary_business_name": "TELOS CAPITAL MANAGEMENT, INC.",
  "legal_name": "TELOS CAPITAL MANAGEMENT, INC.",
  "dbas": [],
  "city": "San Diego",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "41740",
  "metro": {
    "cbsa_code": "41740",
    "common_name": "San Diego",
    "msa_name": "San Diego-Chula Vista-Carlsbad, CA",
    "path": "/advisors/ca/san-diego"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2009-01-07",
  "years_registered": 17,
  "period": "2026-10-01",
  "filing_date": "2026-05-01",
  "carried_forward": false,
  "raum_total": 1625227036.0,
  "raum_discretionary": 1625227036.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 19,
  "advisory_employees": 7,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": 31969366.0,
      "count": 9
    },
    "individuals": {
      "raum": 203878935.0,
      "count": 468
    },
    "pension_profit_sharing": {
      "raum": 10701015.0,
      "count": 8
    },
    "high_net_worth_individuals": {
      "raum": 1367702051.0,
      "count": 456
    },
    "corporations_other_businesses": {
      "raum": 10975669.0,
      "count": 15
    }
  },
  "compensation_types": [
    "hourly",
    "other",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AZ",
    "CA",
    "FL",
    "HI",
    "ID",
    "MA",
    "MO",
    "NE",
    "NH",
    "NM",
    "NV",
    "OR",
    "TN",
    "TX",
    "VA",
    "WA"
  ],
  "websites": [
    "https://facebook.com/profile.php?id=100067763860536",
    "https://linkedin.com/COMPANY/TELOS-CAPITAL-MANAGEMENT-INC.",
    "https://telosinc.com",
    "https://x.com/TelosSanDiego"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/149108",
  "city_as_filed": "SAN DIEGO",
  "url": "https://advisorcensus.com/firm/telos-capital-management-inc-san-diego-ca-149108",
  "display_name": "Telos Capital Management, Inc.",
  "summary": "Telos Capital Management, Inc. is an SEC-registered investment advisory firm in San Diego, CA, registered since 2009, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated May 1, 2026.",
  "citation": "AdvisorCensus. Telos Capital Management, Inc. (CRD 149108): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Other"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is Telos Capital Management, Inc. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Telos Capital Management, Inc. reports these compensation arrangements: a percentage of assets under its management; hourly charges; other."
    },
    {
      "q": "How much does Telos Capital Management, Inc. charge?",
      "a": "Its Form ADV Part 2A brochure dated March 31, 2026 states: Hourly rate: $300 an hour (financial planning services). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Telos Capital Management, Inc. located?",
      "a": "Telos Capital Management, Inc.'s principal office is in San Diego, CA, according to its Form ADV; the June 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Telos Capital Management, Inc. registered with the SEC or a state?",
      "a": "Telos Capital Management, Inc. is an SEC-registered investment advisory firm, registered since 2009. Status as filed: Approved. CRD 149108."
    },
    {
      "q": "How much does Telos Capital Management, Inc. manage?",
      "a": "Telos Capital Management, Inc. reports $1,625,227,036 in regulatory assets under management in its Form ADV filing dated May 1, 2026 (100% discretionary)."
    },
    {
      "q": "How have Telos Capital Management, Inc.'s assets and staff changed since 2021?",
      "a": "In the Form ADV data for Telos Capital Management, Inc.: Regulatory assets under management: $1,017,493,974 in the October 2021 data and $1,625,227,036 in the October 2026 data, up 60%. Total employees: 15 in October 2021 and 19 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Telos Capital Management, Inc. serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (468); high net worth individuals (456); corporations or other businesses not listed above (15)."
    },
    {
      "q": "Which custodians does Telos Capital Management, Inc. use?",
      "a": "Telos Capital Management, Inc.'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."
    },
    {
      "q": "Does Telos Capital Management, Inc. report any disciplinary disclosures?",
      "a": "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/149108"
    },
    {
      "q": "Does Telos Capital Management, Inc. state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 31, 2026 says: \"Generally, TCM requires clients to maintain a minimum account size of $250,000. We generally combine family accounts to meet the account size minimum.\""
    },
    {
      "q": "What changed in Telos Capital Management, Inc.'s recent Form ADV filings?",
      "a": "In the June 2026 filing data: Added an office in Ventura, CA. No longer lists an office in Westlake Village, CA."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 1017493974.0,
      "total_employees": 15,
      "filing_date": "2021-06-01"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 1197350807.0,
      "total_employees": 15,
      "filing_date": "2022-04-06"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 1101816993.0,
      "total_employees": 17,
      "filing_date": "2023-05-22"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 1254803384.0,
      "total_employees": 20,
      "filing_date": "2024-09-12"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 1415056947.0,
      "total_employees": 19,
      "filing_date": "2025-03-19"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 1625227036.0,
      "total_employees": 19,
      "filing_date": "2026-05-01"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-06-01",
      "period_label": "June 2026",
      "notes": [
        "Added an office in Ventura, CA.",
        "No longer lists an office in Westlake Village, CA."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $1,415,056,947 to $1,625,227,036 (+15%)."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "Registered or notice-filed in MO."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 31, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$250,000",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Hourly rate: $300 an hour (financial planning services)"
    ],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $250,000"
        ],
        "quotes": [
          "Generally, TCM requires clients to maintain a minimum account size of $250,000. We generally combine family accounts to meet the account size minimum."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $300 an hour (financial planning services)"
        ],
        "quotes": [
          "For these clients, we charge a rate of $300 per hour with the total number of hours varying based on the scope and complexity of the services requested."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 250000.0,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "hourly",
          "amount": 300.0,
          "min": null,
          "max": null,
          "period": "hour",
          "service": "financial planning services"
        }
      ]
    },
    "quotes": [
      "Generally, TCM requires clients to maintain a minimum account size of $250,000. We generally combine family accounts to meet the account size minimum.",
      "For these clients, we charge a rate of $300 per hour with the total number of hours varying based on the scope and complexity of the services requested."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/telos-capital-management-inc-san-diego-ca-149108.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 468,
      "fewer_than_5": false,
      "raum": 203878935.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 456,
      "fewer_than_5": false,
      "raum": 1367702051.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 8,
      "fewer_than_5": false,
      "raum": 10701015.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 9,
      "fewer_than_5": false,
      "raum": 31969366.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 15,
      "fewer_than_5": false,
      "raum": 10975669.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/149108",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}