{"url":"https://nivawealth.com/firms/check-capital-management-107058","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/107058","regulatoryAum":2370626516,"crd":"107058","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"4196518","suffix":null,"lastName":"BALLARD","firstName":"CHRISTOPHER","middleName":"BLAIR"},{"crd":"1549561","suffix":null,"lastName":"CHECK","firstName":"STEVEN","middleName":"GLENN"},{"crd":"2584974","suffix":null,"lastName":"EBRIGHT","firstName":"ALAN","middleName":"DREW"},{"crd":"5676409","suffix":"II","lastName":"HILL","firstName":"ROBERT","middleName":"PHILLIP"},{"crd":"6343185","suffix":null,"lastName":"KINNEY","firstName":"RYAN","middleName":"SCOTT"},{"crd":"1259496","suffix":null,"lastName":"MEEKS","firstName":"JONATHAN","middleName":"JAMES"},{"crd":"5904266","suffix":null,"lastName":"SALTZBERG","firstName":"JEREMY","middleName":"IAN"},{"crd":"2209222","suffix":null,"lastName":"THATCHER","firstName":"JOHN","middleName":"CONLEY"},{"crd":"1160161","suffix":null,"lastName":"WAITE","firstName":"JAMES","middleName":"DOUGLAS"}],"total":9,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-03-25","regulatoryAum":1255708810,"clients":986,"employees":10,"offices":1},{"filedOn":"2022-04-19","regulatoryAum":1605508839,"clients":1210,"employees":10,"offices":1},{"filedOn":"2023-03-28","regulatoryAum":1403109481,"clients":1493,"employees":11,"offices":1},{"filedOn":"2024-03-28","regulatoryAum":1735092627,"clients":1136,"employees":11,"offices":1},{"filedOn":"2025-03-26","regulatoryAum":2093504641,"clients":1193,"employees":12,"offices":1},{"filedOn":"2026-08-26","regulatoryAum":2370626516,"clients":1223,"employees":12,"offices":1}],"secFileNumber":"801-29001","legalName":"Check 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LLC","shortName":"Fidelity","location":"Boston, MA","smaAssets":1612673359},{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":710092183}],"custodyNote":"Check Capital Management has custody of $1.59B in client assets for 1,526 clients.","otherCustodians":[],"leadership":[{"name":"Steven Check","title":"President","crd":"1549561"},{"name":"Robert Hill","title":"Chief Compliance Officer","crd":"5676409"},{"name":"Christopher Ballard","title":"Director","crd":"4196518"},{"name":"Robert Hill","title":"Director","crd":"5676409"},{"name":"Ryan Kinney","title":"Director","crd":"6343185"},{"name":"Jeremy Saltzberg","title":"Director","crd":"5904266"}],"ownership":[{"label":"Steven Check","detail":"President in the 75% or more ownership band and a control person, since January 1990."},{"label":"Robert Hill","detail":"Chief compliance officer in the 5% to 10% ownership band and a control person, since January 2014. Also director in the 5% to 10% ownership band and a control person, since January 2026."},{"label":"Christopher Ballard","detail":"Director in the 5% to 10% ownership band and a control person, since January 2026."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"575 Anton BLVD, Ste 500","city":"Costa Mesa","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"714-641-3579","stateRegisteredReps":9,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for investment companies"],"financialPlanningClients":"51-100","assetMix":[{"label":"Exchange-traded equity securities","percent":71},{"label":"Derivatives","percent":24},{"label":"Cash and cash equivalents","percent":5}],"privateFunds":0},"sources":{"adv1FilingDate":"26 August 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/107058/PDF/107058.pdf","brochureDate":"27 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1028524","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Check Capital Management have?","answer":"Check Capital Management has 1,223 clients and manages $2.37 billion for them, as of August 2026. They include 1,192 high-net-worth individuals, 30 corporations and other businesses, and 1 investment company.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 26 August 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Check Capital Management offer?","answer":"Check Capital Management provides financial planning, portfolio management for individuals and small businesses, and portfolio management for investment companies.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Check Capital Management charge?","answer":"Check Capital Management charges 1.00% a year for its Asset-based management fee. The fee is billed in advance and requires an account of at least $500,000.","source":"03/26/26 ADV PART 2A, filed 27 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Check Capital Management use?","answer":"Check Capital Management’s separately managed account assets are held at National Financial Services LLC (Boston, MA), with $1.61B and Charles Schwab & Co., Inc. (San Francisco, CA), with $710M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 26 August 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Check Capital Management have?","answer":"Check Capital Management has 9 investment adviser representatives registered with state securities authorities, out of 12 employees, and 9 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Check Capital Management invest in?","answer":"At the end of its last fiscal year, Check Capital Management’s separately managed accounts held 71% exchange-traded equities, 24% derivatives and 5% cash and equivalents.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Does Check Capital Management have a minimum investment?","answer":"Yes, Check Capital Management’s minimum account size for its Asset-based management fee is $500K.","source":"03/26/26 ADV PART 2A, filed 27 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Who owns Check Capital Management?","answer":"Check Capital Management’s direct owners are Steven Check (75% or more), Robert Hill (5% to 10%) and Christopher Ballard (5% to 10%).","source":"Form ADV Part 1A, Schedules A and B, filed 26 August 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Check Capital Management get paid?","answer":"Check Capital Management is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Check Capital Management?","answer":"Check Capital Management’s main office is at 575 Anton BLVD, Ste 500, Costa Mesa, CA 92626-7685. Its phone number is 714-641-3579. Its website is checkcapital.com.","source":"Form ADV Part 1A, Item 1.F, filed 26 August 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}