{"url":"https://nivawealth.com/firms/clayton-partners-127546","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/127546","regulatoryAum":171997700,"crd":"127546","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"6842445","suffix":null,"lastName":"Gates","firstName":"Alex","middleName":null},{"crd":"2636780","suffix":null,"lastName":"LANCASTER","firstName":"BRIAN","middleName":"GUY"},{"crd":"2331752","suffix":null,"lastName":"STANKOWSKI","firstName":"JASON","middleName":"GORDON"}],"total":3,"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":"2021-03-29","regulatoryAum":115156000,"clients":42,"employees":3,"offices":1},{"filedOn":"2022-03-31","regulatoryAum":139739300,"clients":50,"employees":3,"offices":1},{"filedOn":"2023-03-31","regulatoryAum":141154000,"clients":59,"employees":3,"offices":1},{"filedOn":"2024-03-28","regulatoryAum":151868950,"clients":59,"employees":3,"offices":1},{"filedOn":"2025-03-31","regulatoryAum":169355250,"clients":58,"employees":4,"offices":1},{"filedOn":"2026-03-26","regulatoryAum":171997700,"clients":56,"employees":4,"offices":1}],"secFileNumber":"801-85190","legalName":"Clayton Partners LLC","displayName":"Clayton Partners","slug":"clayton-partners-127546","website":"https://claytonpartners.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"3160 College Avenue, Suite 203","city":"Berkeley","state":"CA","stateName":"California","country":"United States","postalCode":"94705"},"tradeNames":[],"registration":{"secApproved":"8 April 2015","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":2087238.1818181819,"staff":{"employees":4,"advisory":4,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":171997700,"discretionary":171997700,"discretionaryAccounts":80,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":1,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":29,"regulatoryAum":8565500},{"label":"High-net-worth individuals","clients":26,"regulatoryAum":106232600},{"label":"Pooled investment vehicles","clients":1,"regulatoryAum":57199600}],"feePrograms":[],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed_no_numerical_schedule","checkedAt":"2026-10-22T12:56:32.856645+00:00","documents":[{"name":"ADV PART 2","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1027853","versionId":1027853,"submittedOn":"2026-03-26"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":82617800},{"name":"J.P. 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They include 29 individual clients, 26 high-net-worth individuals and 1 pooled investment vehicle.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 26 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Clayton Partners offer?","answer":"Clayton Partners provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, and portfolio management for institutions.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Clayton Partners use?","answer":"Clayton Partners’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $82.6M and J.P. Morgan (New York, NY), with $32.2M. 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 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Clayton Partners have?","answer":"Clayton Partners has 2 investment adviser representatives registered with state securities authorities, out of 4 employees, and 4 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 Clayton Partners invest in?","answer":"At the end of its last fiscal year, Clayton Partners’ separately managed accounts held 82% exchange-traded equities, 10% registered funds (mutual funds, ETFs, BDCs) and 8% cash and equivalents. It advises 1 private fund.","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":"Who owns Clayton Partners?","answer":"Clayton Partners’ direct owners are Jason Stankowski (50% to 75%) and Brian Lancaster (25% to 50%).","source":"Form ADV Part 1A, Schedules A and B, filed 26 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Clayton Partners get paid?","answer":"Clayton Partners 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 Clayton Partners?","answer":"Clayton Partners’ main office is at 3160 College Avenue, Suite 203, Berkeley, CA 94705. Its phone number is 415-296-5070. Its website is claytonpartners.com.","source":"Form ADV Part 1A, Item 1.F, filed 26 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":{"url":"https://nivawealth.com/firms/clayton-partners-127546/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-08-14","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/1550509/000175496026000768/0001754960-26-000768-index.html","totalValue":152175771,"positionCount":44,"top10Share":0.4892675194660259,"top10":[{"issuer":"SONIDA SENIOR LIVING INC","titleOfClass":"COM","cusip":"140475203","value":12924420,"shares":316775,"shareType":"SH","priorValue":10032201,"priorShares":311076},{"issuer":"BRISTOW GROUP INC","titleOfClass":"COM","cusip":"11040G103","value":11884458,"shares":287620,"shareType":"SH","priorValue":11986069,"priorShares":255621},{"issuer":"TRANSALTA 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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."}