Wealth manager, independent · West Palm Beach, FL
Blue Ocean Capital
CPA Asset Management Group, LLC · SEC-registered investment adviser · CRD 107833 · SEC 801-57664
At a glance
Blue Ocean Capital is an SEC-registered investment adviser based in West Palm Beach, Florida, with $619 million in regulatory assets under management as of its Form ADV filed February 17, 2026. Its largest client group by assets is high-net-worth individuals, and it reports 148 individual clients. By Form ADV it is a wealth manager, ranked 2,415th of 8,915 wealth managers and 6,986th of 17,210 SEC-registered advisers by assets.
Main office 561-659-3301blueoceancpa.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $619M
- Rank among wealth managers
- #2,415 of 8,915
- Rank among all SEC RIAs
- #6,986 of 17,210
- Rank in Florida
- #368 of 1,090
- Individual clients
- 148
- High-net-worth clients
- 84
- Accounts
- 491
- Discretionary
- 100% of AUM
- Employees
- 11
- Advisory staff
- 5
- Offices
- 1
Owners and executives on its Form ADV
- Mark B. ElhilowPresident/managing Member
- Ronald G. SmithVice President/managing Member
- Hillary K. KnottsSecretary/chief Compliance Officer/member
- James W. JohnsonMember
- Bethany A. EvansChief Financial Officer/member
Custody and brokerage
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 84 | $527M | 85% |
| Corporations or other businesses | 11 | $62M | 10% |
| Individuals | 64 | $23M | 4% |
| Charitable organizations | 9 | $8M | 1% |
Disciplinary disclosures
Blue Ocean Capital reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Selecting other advisers
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗blueoceancpa.com ↗
AtlasMembers
The full record on Blue Ocean Capital
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 4,858 peers of its type and size
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- Owners and executives, with titles and stakes
- 5 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
- 1Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Blue Ocean Capital manage?
Blue Ocean Capital reports $619 million in regulatory assets under management across 491 accounts, 100% of it on a discretionary basis, on its Form ADV filed February 17, 2026.
What kind of firm is Blue Ocean Capital?
Blue Ocean Capital is a wealth manager by its Form ADV answers. At least half of its regulatory assets are managed for individuals and high-net-worth individuals.
Who are Blue Ocean Capital’s clients?
By assets, its largest client types are high-net-worth individuals ($527 million, 84 clients); corporations or other businesses ($62 million, 11 clients); individuals ($23 million, 64 clients).
Does Blue Ocean Capital have any disciplinary history?
Blue Ocean Capital reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is Blue Ocean Capital’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-02-17), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →