# Traynor Capital Management

> Traynor Capital Management is an SEC-registered investment advisory firm in Malvern, PA, registered since 2013, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated September 14, 2026.

- CRD: 138881
- Filed as: TRAYNOR CAPITAL MANAGEMENT
- Legal name: Traynor Capital Management, Inc.
- Also doing business as: COOPERATIVE FINANCIAL
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Malvern, PA
- Filing period: October 2026
- Form ADV filing dated: September 14, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/138881
- AdvisorCensus page: https://advisorcensus.com/firm/traynor-capital-management-malvern-pa-138881

## Quick answers

**How is Traynor Capital Management compensated?**
On its Form ADV (Item 5.E, October 2026), Traynor Capital Management reports these compensation arrangements: a percentage of assets under its management.

**What does Traynor Capital Management's brochure say about its fees?**
Its Form ADV Part 2A brochure dated March 24, 2026 states: Up to $500,000: 1.25% a year; $500,001 to $1,000,000: 1.15% a year; $1,000,001 to $2,500,000: 1% a year; $2,500,001 to $5,000,000: 0.75% a year; Above $5,000,000: see the brochure. Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Traynor Capital Management located?**
Traynor Capital Management's principal office is in Malvern, PA, according to its Form ADV.

**Is Traynor Capital Management registered with the SEC or a state?**
Traynor Capital Management is an SEC-registered investment advisory firm, registered since 2013. Status as filed: Approved. CRD 138881.

**How much does Traynor Capital Management manage?**
Traynor Capital Management reports $2,420,585,194 in regulatory assets under management in its Form ADV filing dated September 14, 2026 (77% discretionary).

**How have Traynor Capital Management's assets and staff changed since 2021?**
In the Form ADV data for Traynor Capital Management: Regulatory assets under management: $726,012,808 in the October 2021 data and $2,420,585,194 in the October 2026 data, up 233%. Total employees: 8 in October 2021 and 12 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Traynor Capital Management serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (1,180); high net worth individuals (410).

**Which custodians does Traynor Capital Management use?**
Traynor Capital Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Brokerage Services LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Traynor Capital Management 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/138881

**Does Traynor Capital Management state an account minimum?**
Its Form ADV Part 2A brochure dated March 24, 2026 says: "Traynor Capital Management will direct marketing efforts towards high net worth individuals, but does not impose an account minimum."

**What changed in Traynor Capital Management's recent Form ADV filings?**
In the August 2026 filing data: Registered or notice-filed in ME, MT, RI, WV.

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 24, 2026)

- Up to $500,000: 1.25% a year
- $500,001 to $1,000,000: 1.15% a year
- $1,000,001 to $2,500,000: 1% a year
- $2,500,001 to $5,000,000: 0.75% a year
- Above $5,000,000: see the brochure

> Applicable fee schedules are as follows: Account Size Max. Annual fee $0 - $500,000 1.25% $500,001 - 1,000,000 1.15% $1,000,001 - $2,500,000 1.00% $2,500,001 - $5,000,000 0.75% Over $5,000,000 Negotiable

- Account minimum: None

> Traynor Capital Management will direct marketing efforts towards high net worth individuals, but does not impose an account minimum.

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

### Custodians (Schedule D, Section 5.K(3))
- Fidelity Brokerage 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: $2,420,585,194
- Discretionary: $1,870,051,172
- Non-discretionary: $550,534,022

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 1,180 | $1,456,058,507 |
| High net worth individuals | 410 | $964,526,687 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
- Other

### Firm details
- Registered since: 2013 (12 years)
- Employees: 12 total, 6 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AL, AR, AZ, CA, CO, CT, DE, FL, GA, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, NE, NH, NJ, NV, NY, OH, OK, OR, PA, RI, SC, TN, TX, UT, VA, WA, WI, WV
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- traynorcapital.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $726,012,808 | 8 | September 23, 2021 |
| October 2022 | $934,141,806 | 10 | March 17, 2022 |
| October 2023 | $823,099,960 | 9 | March 5, 2023 |
| October 2024 | $1,245,013,642 | 12 | March 13, 2024 |
| October 2025 | $1,845,679,326 | 12 | March 26, 2025 |
| October 2026 | $2,420,585,194 | 12 | September 14, 2026 |

Regulatory assets under management: $726,012,808 in the October 2021 data and $2,420,585,194 in the October 2026 data, up 233%.
Total employees: 8 in October 2021 and 12 in October 2026.

## Changes in the filing (last 12 months)

### August 2026
- Registered or notice-filed in ME, MT, RI, WV.

### May 2026
- Added the business name Cooperative Financial.

### April 2026
- Regulatory assets under management went from $1,845,679,326 to $2,420,585,194 (+31%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Traynor Capital Management (CRD 138881): Form ADV filing data as of October 2026.