# Walk-On Capital, LLC

> 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.

- CRD: 331407
- Filed as: WALK-ON CAPITAL, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Los Angeles, CA
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/331407
- AdvisorCensus page: https://advisorcensus.com/firm/walk-on-capital-llc-los-angeles-ca-331407

## Quick answers

**How is Walk-On Capital, LLC compensated?**
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.

**How much does Walk-On Capital, LLC charge?**
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.

**Where is Walk-On Capital, LLC located?**
Walk-On Capital, LLC's principal office is in Los Angeles, CA, according to its Form ADV.

**Is Walk-On Capital, LLC registered with the SEC or a state?**
Walk-On Capital, LLC is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 331407.

**How much does Walk-On Capital, LLC manage?**
Walk-On Capital, LLC reports $155,050,000 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have Walk-On Capital, LLC's assets and staff changed since 2024?**
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.

**What types of clients does Walk-On Capital, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (2).

**Does Walk-On Capital, 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/331407

**Does Walk-On Capital, LLC state an account minimum?**
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."

**What changed in Walk-On Capital, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 3 to 5.

## 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 March 3, 2026)

- Asset-based fee: 2% of assets a year

> 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.

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

> 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.

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

### Regulatory assets under management (Item 5.F)
- Total: $155,050,000
- Discretionary: $155,050,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 2 | $155,050,000 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2024 (2 years)
- Employees: 9 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)
- walk-oncapital.com
- LinkedIn @walk-on-capital

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2024 | $90,000,000 | 3 | May 21, 2024 |
| October 2025 | $142,300,000 | 6 | March 14, 2025 |
| October 2026 | $155,050,000 | 9 | March 31, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 3 to 5.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Walk-On Capital, LLC (CRD 331407): Form ADV filing data as of October 2026.