Wealth manager, independent · Miami, FL
Sierra Capital LLC
SEC-registered investment adviser · CRD 110129 · SEC 801-57691
At a glance
Sierra Capital LLC is an SEC-registered investment adviser based in Miami, Florida, with $1.6B in regulatory assets under management as of its Form ADV filed June 11, 2026. It reports 76 individual clients, 76 of them high-net-worth, holding an average of about $20 million each, and 8 employees. That ranks it 670th among the nation’s 5,657 independent wealth management RIAs and 38th of 343 in Florida. It reports 4 custodians for its clients’ separately managed accounts: Morgan Stanley, J.P. Morgan, Charles Schwab and UBS.
Main office 212-867-3533sierracap.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $1.6B
- Rank among independent wealth managers
- #670 of 5,657
- Rank among all SEC RIAs
- #4,094 of 17,210
- Rank in Florida
- #38 of 343
- Individual clients
- 76
- High-net-worth clients
- 76
- Accounts
- 435
- Discretionary
- 96% of AUM
- Employees
- 8
- Advisory staff
- 6
- Offices
- 1
Owners and executives on its Form ADV
- Rafael J. DelasierraManaging Member
- Carlos A. PedrosoManaging Member
- Malik MitchellChief Compliance Officer
Custody and brokerage
Broker-dealer
No broker-dealer ties
Sierra Capital LLC 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 | 76 | $1.5B | 95% |
| Charitable organizations | – | $49M | 3% |
| Insurance companies | – | $15M | <1% |
| Banking or thrift institutions | – | $13M | <1% |
Private funds
Sierra Capital LLC reports 2 private funds with $3M in gross assets: venture capital funds (Form ADV Item 7.B).
Disciplinary disclosures
Sierra Capital LLC 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 businesses and institutions
- Selecting other advisers
- Periodicals or newsletters
How it’s paid
- A percentage of assets under management
- Fixed fees
- Performance-based fees
Form ADV and brochures on the SEC’s adviser search ↗sierracap.com ↗
AtlasMembers
The full record on Sierra Capital 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
- Locked
- Growth over one, three and five years
- Locked
- Rank against 2,393 peers of its type and size
- Locked
- Owners and executives, with titles and stakes
- 3 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.
Similar-size RIAs in Florida
All of Florida →| Firm | Regulatory AUM | Clients |
|---|---|---|
| A&m Private Wealth Partners, LLCWest Palm Beach | $1.8B | 34 |
| Slatestone Wealth LLCJupiter | $1.8B | 558 |
| ARS Wealth AdvisorsSt. Petersburg | $1.6B | 1,044 |
| Ciccarelli Advisory Services IncNaples | $1.6B | 3,553 |
| Evertern Wealth, LLCNaples | $1.6B | 233 |
| Royal Fund Management, LLCLady Lake | $1.6B | 4,940 |
Background
Questions
How much does Sierra Capital LLC manage?
Sierra Capital LLC reports $1.6B in regulatory assets under management across 435 accounts, 96% of it on a discretionary basis, on its Form ADV filed June 11, 2026.
How many clients does Sierra Capital LLC have?
It reports 76 individual clients: 76 high-net-worth individuals and 0 other individuals. Individuals account for about 95% of its regulatory assets.
Where is Sierra Capital LLC headquartered?
Its main office is in Miami, Florida. It reports 1 office in total and 8 employees, 6 of whom perform investment advisory functions.
How does Sierra Capital LLC charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; fixed fees; 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 Sierra Capital LLC use?
It reports 4 custodians for its clients’ separately managed accounts: Morgan Stanley, J.P. Morgan, Charles Schwab and UBS. On Schedule D of its Form ADV filed June 11, 2026, it reports these amounts held: Morgan Stanley ($271M); J.P. Morgan ($253M); Charles Schwab ($228M); UBS ($150M). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Sierra Capital LLC a hybrid RIA with a broker-dealer?
Sierra Capital LLC reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Is Sierra Capital LLC a fiduciary?
As an SEC-registered investment adviser, Sierra Capital LLC 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 Sierra Capital 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 (2026-06-11), 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 →