{"url":"https://nivawealth.com/firms/desert-rose-capital-management-154331","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/154331","regulatoryAum":192134096,"crd":"154331","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"6104545","suffix":null,"lastName":"ANDERSON","firstName":"SPENCER","middleName":"WILLIAM"},{"crd":"4417603","suffix":null,"lastName":"BROWER","firstName":"BO","middleName":"LESLIE"},{"crd":"6736740","suffix":null,"lastName":"COFFEY","firstName":"VALERIE","middleName":"RACHELLE"},{"crd":"8246612","suffix":null,"lastName":"Fogle","firstName":"MiKenna","middleName":null},{"crd":"7113403","suffix":null,"lastName":"Jahagirdar","firstName":"Rohit","middleName":null},{"crd":"2977359","suffix":null,"lastName":"LIFGREN","firstName":"STEVEN","middleName":"PAUL"},{"crd":"6340662","suffix":null,"lastName":"MCCURDY","firstName":"CASEY","middleName":"RAY"},{"crd":"7786003","suffix":null,"lastName":"McCurdy","firstName":"Drew","middleName":"M."},{"crd":"6797825","suffix":null,"lastName":"Ralliford","firstName":"Sherika","middleName":null},{"crd":"1290548","suffix":null,"lastName":"RIPPEL","firstName":"JAMES","middleName":"ROBERT"},{"crd":"5472381","suffix":null,"lastName":"STAFFORD","firstName":"KIRK","middleName":"ALAN"},{"crd":"5194641","suffix":null,"lastName":"STODDARD","firstName":"NATHANIEL","middleName":"D"}],"total":12,"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":"2022-03-31","regulatoryAum":151722562,"clients":173,"employees":7,"offices":1},{"filedOn":"2023-07-24","regulatoryAum":180354027,"clients":199,"employees":13,"offices":4},{"filedOn":"2024-03-22","regulatoryAum":117194781,"clients":433,"employees":11,"offices":5},{"filedOn":"2025-03-26","regulatoryAum":112679913,"clients":393,"employees":19,"offices":7},{"filedOn":"2026-03-20","regulatoryAum":192134096,"clients":735,"employees":22,"offices":8}],"secFileNumber":"801-124883","legalName":"Desert Rose Capital Management, Inc.","displayName":"Desert Rose Capital Management","slug":"desert-rose-capital-management-154331","website":"https://desertrosecapital.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/154331/96c7de47aa25bacd-r1.webp","tone":"light","width":715,"height":200,"sourceUrl":"https://www.desertrosecapital.com/","sourceLabel":"Desert Rose Capital Management, Inc., website"},"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/desertrosecapital","xUrl":"https://x.com/desertrosecap","founded":null,"organization":"Idaho corporation","fiscalYearEnd":"December","headquarters":{"street":"2929 W. Navigator Drive, Ste. 320","city":"Meridian","state":"ID","stateName":"Idaho","country":"United States","postalCode":"83642"},"tradeNames":[],"registration":{"secApproved":"3 May 2022","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":166477.81189488244,"staff":{"employees":22,"advisory":10,"brokerDealerReps":0,"insuranceAgents":11,"promoters":3},"aum":{"regulatory":192134096,"discretionary":191928607,"discretionaryAccounts":1142,"nonDiscretionary":205489,"nonDiscretionaryAccounts":2,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":687,"regulatoryAum":68449799},{"label":"High-net-worth individuals","clients":36,"regulatoryAum":51913659},{"label":"Pooled investment vehicles","clients":1,"regulatoryAum":37459484},{"label":"Pension and profit-sharing plans","clients":2,"regulatoryAum":233602},{"label":"Other investment advisers","clients":9,"regulatoryAum":34077552}],"feePrograms":[{"role":"main","program":"Investment Advisory Fees","feeBasis":"marginal","fee_tiers":[{"to":250000,"pct":1.85,"from":0},{"to":500000,"pct":1.75,"from":250000},{"to":1000000,"pct":1.65,"from":500000},{"to":3000000,"pct":1.35,"from":1000000},{"to":5000000,"pct":1.25,"from":3000000},{"to":null,"pct":1,"from":5000000}],"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1022707","versionId":1022707,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-03-20","documentName":"DESERT ROSE FORM ADV PART 2A BROCHURE","fee_rate_low":1,"fee_rate_high":1.85,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T14:10:30.525806+00:00","documents":[{"name":"DESERT ROSE FORM ADV PART 2A BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1022707","versionId":1022707,"submittedOn":"2026-03-20"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":192134096}],"custodyNote":"Desert Rose Capital Management has custody of $32M for 144 clients.","otherCustodians":[],"leadership":[{"name":"Kirk Stafford","title":"President & Chief Executive Officer","crd":"5472381"},{"name":"Mausmi Pala","title":"Chief Compliance Officer","crd":"7892312"}],"ownership":[{"label":"Kirk Stafford","detail":"President & chief executive officer in the 75% or more ownership band and a control person, since June 2010."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":7,"privateResidences":4},"listedOfficeAddresses":4,"foreignOffices":[],"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"42 S. Highway 26, Suite E","city":"Valley Springs"}]},{"state":"Idaho","offices":1,"addresses":[{"street":"2929 W. Navigator Drive, Ste. 320","city":"Meridian","headquarters":true}]},{"state":"Nevada","offices":1,"addresses":[{"street":"59 Damonte Ranch Pkwy","city":"Reno"}]},{"state":"Ohio","offices":1,"addresses":[{"street":"8955 Bear Creek","city":"Sylvania"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"208-297-2710","stateRegisteredReps":11,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Portfolio management for individuals and/or small businesses","Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients","Selection of other advisers (including private fund managers)","Educational seminars/workshops"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":1},{"label":"Non-exchange-traded equity securities","percent":27},{"label":"Derivatives","percent":17},{"label":"Securities issued by registered investment companies or business development companies","percent":34},{"label":"Cash and cash equivalents","percent":20}],"privateFunds":1},"sources":{"adv1FilingDate":"20 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/154331/PDF/154331.pdf","brochureDate":"20 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1022707","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 Desert Rose Capital Management have?","answer":"Desert Rose Capital Management has 735 clients and manages $192 million for them, as of March 2026. They include 687 individual clients, 36 high-net-worth individuals and 9 other investment advisers.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 20 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Desert Rose Capital Management offer?","answer":"Desert Rose Capital Management provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, selecting other managers, and educational seminars.","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 Desert Rose Capital Management charge?","answer":"Desert Rose Capital Management charges 1.00%–1.85% a year for its Investment Advisory Fees. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable.","source":"DESERT ROSE FORM ADV PART 2A BROCHURE, filed 20 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Desert Rose Capital Management use?","answer":"Desert Rose Capital Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $192M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 20 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Desert Rose Capital Management have?","answer":"Desert Rose Capital Management has 11 investment adviser representatives registered with state securities authorities, out of 22 employees, and 10 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 11 employees are 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 Desert Rose Capital Management invest in?","answer":"At the end of its last fiscal year, Desert Rose Capital Management’s separately managed accounts held 34% registered funds (mutual funds, ETFs, BDCs), 27% non-exchange-traded equities, 20% cash and equivalents, 17% derivatives and 1% exchange-traded equities. 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 Desert Rose Capital Management?","answer":"Desert Rose Capital Management’s direct owner is Kirk Stafford (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 20 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Desert Rose Capital Management get paid?","answer":"Desert Rose Capital Management is paid through a percentage of assets under management. Its Form ADV lists no commissions or performance-based fees 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 Desert Rose Capital Management?","answer":"Desert Rose Capital Management’s main office is at 2929 W. Navigator Drive, Ste. 320, Meridian, ID 83642. Its phone number is 208-297-2710. Its website is desertrosecapital.com.","source":"Form ADV Part 1A, Item 1.F, filed 20 March 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."}