Asset manager · Chicago, IL
Orchard Capital Management, LLC
SEC-registered investment adviser · CRD 269957 · SEC 801-106488
At a glance
Orchard Capital Management, LLC is an SEC-registered investment adviser based in Chicago, Illinois, with $112 million in regulatory assets under management as of its Form ADV filed September 22, 2026. Its largest client group by assets is corporations or other businesses. By Form ADV it is a asset manager, ranked 2,301st of 3,218 asset managers and 15,031st of 17,210 SEC-registered advisers by assets.
Main office 312-628-6700orchardinvestments.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $112M
- Rank among asset managers
- #2,301 of 3,218
- Rank among all SEC RIAs
- #15,031 of 17,210
- Rank in Illinois
- #639 of 684
- Clients
- 1
- Accounts
- 32
- Discretionary
- 100% of AUM
- Employees
- 5
- Advisory staff
- 3
- Offices
- 1
Owners and executives on its Form ADV
- Blake E. HarperManaging Member
- Joshua P. FairbankManaging Member
- Valencia MichaelMember
- Gery J. SadzewiczChief Compliance Officer
Custody and brokerage
2 custodians
- Interactive Brokers$25M55%
- J.P. Morgan$21M45%
Other RIAs using Interactive BrokersOther multi-custodian RIAs
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Corporations or other businesses | – | $54M | 49% |
| Pooled investment vehicles | 1 | $54M | 49% |
| Charitable organizations | – | $3M | 3% |
Disciplinary disclosures
Orchard Capital Management, LLC reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Portfolio management for individuals and small businesses
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses and institutions
- Selecting other advisers
- Other services
How it’s paid
- A percentage of assets under management
- Fixed fees
- Other
Form ADV and brochures on the SEC’s adviser search ↗orchardinvestments.com ↗
AtlasMembers
The full record on Orchard Capital Management, LLC
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 589 peers of its type and size
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- Owners and executives, with titles and stakes
- 4 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 Orchard Capital Management, LLC manage?
Orchard Capital Management, LLC reports $112 million in regulatory assets under management across 32 accounts, 100% of it on a discretionary basis, on its Form ADV filed September 22, 2026.
What kind of firm is Orchard Capital Management, LLC?
Orchard Capital Management, LLC is a asset manager by its Form ADV answers. Most of its assets are managed for funds, institutions or other businesses rather than individuals.
Who are Orchard Capital Management, LLC’s clients?
By assets, its largest client types are corporations or other businesses ($54 million); pooled investment vehicles ($54 million, 1 clients); charitable organizations ($3 million).
Does Orchard Capital Management, LLC have any disciplinary history?
Orchard Capital Management, LLC 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 Orchard Capital Management, LLC’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 (2026-09-22), 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 →