Wealth manager, independent · SAN Francisco, CA
Osborne Partners
Osborne Partners Capital Management LLC · SEC-registered investment adviser · CRD 108100 · SEC 801-56319
At a glance
Osborne Partners is an SEC-registered investment adviser based in SAN Francisco, California, with $2.7B in regulatory assets under management as of its Form ADV filed August 18, 2026. It reports 704 individual clients, 428 of them high-net-worth, holding an average of about $3.3 million each, and 18 employees. That ranks it 424th among the nation’s 5,657 independent wealth management RIAs and 54th of 714 in California. It reports Charles Schwab as the custodian for its clients’ separately managed accounts.
Main office 415-362-5637osbornepartners.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $2.7B
- Rank among independent wealth managers
- #424 of 5,657
- Rank among all SEC RIAs
- #3,062 of 17,210
- Rank in California
- #54 of 714
- Individual clients
- 704
- High-net-worth clients
- 428
- Accounts
- 2,125
- Discretionary
- 98% of AUM
- Employees
- 18
- Advisory staff
- 14
- Offices
- 2
Owners and executives on its Form ADV
- Justin W. McNicholsChief Investment Officer/portfolio Manager/principal
- Charles J. ElsePrincipal
- Sonia J Von BergChief Operating Officer/principal
- Jay M. SkaalenAnalyst/principal
- Daniel M. HautWealth Counselor/principal
- Jonathan G. KastingChief Compliance Officer
Custody and brokerage
Broker-dealer
No broker-dealer ties
Osborne Partners reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 428 | $2.2B | 82% |
| Charitable organizations | 18 | $242M | 9% |
| Individuals | 276 | $148M | 6% |
| Corporations or other businesses | 5 | $49M | 2% |
| Other investment advisers | 1 | $31M | 1% |
| Pension and profit sharing plans | 4 | $9M | <1% |
| State or municipal government entities | 1 | $7M | <1% |
| Pooled investment vehicles | 1 | $0M | <1% |
Private funds
Osborne Partners reports 1 private funds with $4M in gross assets: hedge funds (Form ADV Item 7.B).
Disciplinary disclosures
Osborne Partners 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
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses and institutions
How it’s paid
- A percentage of assets under management
- Performance-based fees
Form ADV and brochures on the SEC’s adviser search ↗osbornepartners.com ↗
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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 1,528 peers of its type and size
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- Owners and executives, with titles and stakes
- 6 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in California
All of California →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Angeles Wealth Management, LLCSanta Monica | $2.8B | 203 |
| Ohana AdvisorsSAN Rafael | $2.8B | 21 |
| A16z Perennial Management, L.P.Menlo Park | $2.8B | 56 |
| Validus Capital LLCEL Segundo | $2.5B | 176 |
| Saratoga Research & Investment ManagementSaratoga | $2.5B | 2,554 |
| Wealth Architects, LLCMountain View | $2.4B | 433 |
Background
Questions
How much does Osborne Partners manage?
Osborne Partners reports $2.7B in regulatory assets under management across 2,125 accounts, 98% of it on a discretionary basis, on its Form ADV filed August 18, 2026.
How many clients does Osborne Partners have?
It reports 704 individual clients: 428 high-net-worth individuals and 276 other individuals. Individuals account for about 87% of its regulatory assets.
Where is Osborne Partners headquartered?
Its main office is in SAN Francisco, California. It reports 2 offices in total and 18 employees, 14 of whom perform investment advisory functions.
How does Osborne Partners charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; performance-based fees. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does Osborne Partners use?
It reports Charles Schwab as the custodian for its clients’ separately managed accounts. On Schedule D of its Form ADV filed August 18, 2026, it reports these amounts held: Charles Schwab ($2.2B). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Osborne Partners a hybrid RIA with a broker-dealer?
Osborne Partners reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Is Osborne Partners a fiduciary?
As an SEC-registered investment adviser, Osborne Partners owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. It reports no employees who are registered representatives of a broker-dealer.
Where these numbers come from
Every figure is Osborne Partners’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 (2026-08-18), 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). Its national rank compares it with every US-based independent wealth management RIA, the same field as The Largest RIAs. 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 →