{ "crd_number": 331407, "slug": "walk-on-capital-llc-los-angeles-ca-331407", "primary_business_name": "WALK-ON CAPITAL, LLC", "legal_name": "WALK-ON CAPITAL, LLC", "dbas": [], "city": "Los Angeles", "state": "CA", "country": "United States", "cbsa_code": "31080", "metro": { "cbsa_code": "31080", "common_name": "Los Angeles", "msa_name": "Los Angeles-Long Beach-Anaheim, CA", "path": "/advisors/ca/los-angeles" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2024-06-20", "years_registered": 2, "period": "2026-10-01", "filing_date": "2026-03-31", "carried_forward": false, "raum_total": 155050000.0, "raum_discretionary": 155050000.0, "raum_non_discretionary": 0.0, "raum_band": "100m_500m", "raum_band_label": "$100 million to $500 million", "total_employees": 9, "advisory_employees": 5, "client_count_bucket": null, "clients_by_type": { "pooled_investment_vehicles": { "raum": 155050000.0, "count": 2 } }, "compensation_types": [ "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "CA" ], "websites": [ "https://linkedin.com/company/walk-on-capital", "https://walk-oncapital.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/331407", "city_as_filed": "LOS ANGELES", "url": "https://advisorcensus.com/firm/walk-on-capital-llc-los-angeles-ca-331407", "display_name": "Walk-On Capital, LLC", "summary": "Walk-On Capital, LLC is an SEC-registered investment advisory firm in Los Angeles, CA, registered since 2024, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 31, 2026.", "citation": "AdvisorCensus. Walk-On Capital, LLC (CRD 331407): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Performance-based fees" ], "advisory_activity_labels": [ "Portfolio management for pooled investment vehicles (other than investment companies)" ], "quick_answers": [ { "q": "How is Walk-On Capital, LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Walk-On Capital, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees." }, { "q": "How much does Walk-On Capital, LLC charge?", "a": "Its Form ADV Part 2A brochure dated March 3, 2026 states: Asset-based fee: 2% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement." }, { "q": "Where is Walk-On Capital, LLC located?", "a": "Walk-On Capital, LLC's principal office is in Los Angeles, CA, according to its Form ADV." }, { "q": "Is Walk-On Capital, LLC registered with the SEC or a state?", "a": "Walk-On Capital, LLC is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 331407." }, { "q": "How much does Walk-On Capital, LLC manage?", "a": "Walk-On Capital, LLC reports $155,050,000 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary)." }, { "q": "How have Walk-On Capital, LLC's assets and staff changed since 2024?", "a": "In the Form ADV data for Walk-On Capital, LLC: Regulatory assets under management: $90,000,000 in the October 2024 data and $155,050,000 in the October 2026 data, up 72%. Total employees: 3 in October 2024 and 9 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Walk-On Capital, LLC serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (2)." }, { "q": "Does Walk-On Capital, LLC 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/331407" }, { "q": "Does Walk-On Capital, LLC state an account minimum?", "a": "Its Form ADV Part 2A brochure dated March 3, 2026 says: \"The Funds require minimum investment commitments of $1,000,000 from investors as outlined in the Funds’ Governing Documents, subject to reduction at the discretion of the Funds’ General Partner.\"" }, { "q": "What changed in Walk-On Capital, LLC's recent Form ADV filings?", "a": "In the April 2026 filing data: Employees performing advisory functions went from 3 to 5." } ], "filing_history": [ { "period": "2024-10-01", "regulatory_assets_under_management": 90000000.0, "total_employees": 3, "filing_date": "2024-05-21" }, { "period": "2025-10-01", "regulatory_assets_under_management": 142300000.0, "total_employees": 6, "filing_date": "2025-03-14" }, { "period": "2026-10-01", "regulatory_assets_under_management": 155050000.0, "total_employees": 9, "filing_date": "2026-03-31" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 3 to 5." ] } ], "fees_from_brochure": { "source": "Form ADV Part 2A brochure dated March 3, 2026", "provided_by_the_firm": false, "tiers": [], "flat_rate": "2% of assets a year", "stated_range": null, "stated_maximum": null, "account_minimum": "$1,000,000", "account_minimum_may_be_waived": true, "minimum_annual_fee": null, "planning_fees": [], "figures": [ { "label": "Asset-based fee", "statements": [ "Asset-based fee: 2% of assets a year" ], "quotes": [ "Commencing on the effective date and during the investment period, the relevant Fund will pay the General Partner an annual Management Fee, calculated quarterly, equal to 2% of aggregate commitments held by partners not designated as “affiliated partners” by the General Partner." ] }, { "label": "Account minimum", "statements": [ "Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)" ], "quotes": [ "The Funds require minimum investment commitments of $1,000,000 from investors as outlined in the Funds’ Governing Documents, subject to reduction at the discretion of the Funds’ General Partner." ] } ], "values": { "tiers": [ { "min": null, "max": null, "rate_pct": 2.0 } ], "range_pct": null, "max_pct": null, "account_minimum": 1000000.0, "minimum_annual_fee": null, "planning": [] }, "quotes": [ "Commencing on the effective date and during the investment period, the relevant Fund will pay the General Partner an annual Management Fee, calculated quarterly, equal to 2% of aggregate commitments held by partners not designated as “affiliated partners” by the General Partner.", "The Funds require minimum investment commitments of $1,000,000 from investors as outlined in the Funds’ Governing Documents, subject to reduction at the discretion of the Funds’ General Partner." ], "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable." }, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/walk-on-capital-llc-los-angeles-ca-331407.md", "clients": [ { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 2, "fewer_than_5": false, "raum": 155050000.0 } ], "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/331407", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }