Almitas Capital LLC (Santa Monica)


Almitas Capital LLC is a large advisory firm based in Santa Monica. It manages $346.1 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of California.

Almitas Capital provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Almitas Capital: assets under management

The assets under management (AUM) of Almitas Capital LLC is $346.1 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 83% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $346.1 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $173.05 million each.
Almitas Capital has custody of $346.1 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Almitas Capital LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Almitas Capital serves?

The only and largest group of clients of Almitas Capital is pooled investment vehicles with 2 clients and $346.1 million of assets under management. Among the 9 most similar advisory firms, Almitas Capital has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $346.1 million for 2 clients. None of the firm’s clients are foreign persons or businesses.

Almitas Capital also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons is $500,000 for each fund.

Careers at Almitas Capital LLC

The company employs 5 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Ronald Dean Mass Managing principal; member; chief compliance officer 1 Jan 2013 75% - 100% 1786626

Based in Santa Monica

The principal office where Almitas Capital LLC performs its advisory services is located at 1460 4 Th Street, Santa Monica, CA 90401, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 310-573-4343 or by fax 310-573-4082. The normal business hours are 7am-4pm on Monday - Friday. You can find more information about the New York firm at almitascapital.com.