SEC-registered firm
Registration does not mean the SEC approves or recommends the firm, and it does not imply a certain level of skill or training.
Osterweis Capital Management
San Francisco, CA
Osterweis Capital Management LLC, CRD 109580
Firm filing updated March 31, 2026 ·
- $7.5BAssets
- 14Advisory staff
- 362Accounts
Fees and minimums
All fee types on the form
- Percentage of assets under managementYes
- Fixed feesYes
- Hourly chargesNo
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- Performance-based feesNo
- OtherNo
Who the firm serves
- High net worth individuals344
- Charities8
- Investment companies4
- Individuals2
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| Individuals (other than high net worth) | 2 | $151,487 |
| High net worth individuals | 344 | $988.7 million |
| Investment companies | 4 | $6.4 billion |
| Charitable organizations | 8 | $69.4 million |
| Corporations or other businesses not listed above | Fewer than 5 clients | $68.7 million |
What the client labels mean
Here, "individuals" includes trusts, estates, and IRAs of individuals. A "high net worth individual" is a qualified client or qualified purchaser.
Services
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies
See all 4 services
- Portfolio management for businesses (other than small businesses) or institutional clients
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies
- Portfolio management for businesses (other than small businesses) or institutional clients
Assets and accounts
- Regulatory assets$7.5 billion
- Accounts362
- Discretionary$7.5 billion · 336 accounts
- Non-discretionary$34.1 million · 26 accounts
People
- Employees666
- Advisory staff14
- Broker-dealer reps8
- Licensed insurance agents0
- Planning clients26 to 50
Registration details
- Legal name: Osterweis Capital Management LLC SEC-registered investment advisor. CRD 109580, SEC file 801-54360.
- Registered with the SEC as an investment advisor (status date on record: May 2, 1997).
Is Osterweis Capital Management a fiduciary?
Short answer: Osterweis Capital Management is registered with the SEC as an investment advisor.
More detail
Some of its people may also act in other roles, such as for a broker-dealer or as insurance agents, where different rules apply. Details below.
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
Some of the firm's people may also act for a broker-dealer: 8 staff are broker-dealer representatives. When someone acts for a broker-dealer, a different SEC standard, Regulation Best Interest, applies to their recommendations. Ask which role they are acting in.
The firm's Form CRS explains its services, fees and conflicts in plain language: Form CRS.
About this data
Informational only. Advisable Finance is not an investment advisor, does not give investment advice, and does not endorse any advisor.