Dishmi Capital provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and selecting other managers.
Dishmi Capital reports 76 high-net-worth individuals. Of its assets, 100.0% ($215M across 160 accounts) are managed with discretion. A wrap fee program the firm both sponsors and manages holds $430M.
| Client type | Clients | Assets |
|---|---|---|
| High-net-worth individuals | 100% | 100% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| High-net-worth individuals | 76 | $215M | 100.0% | $2.83M |
| Total | 76 | $215M | 100% | $2.83M |
- Clients
- 76
- Regulatory AUM
- $215M
- AUM share
- 100.0%
- Avg. per client
- $2.83M
Total
- Clients
- 76
- Regulatory AUM
- $215M
- AUM share
- 100%
- Avg. per client
- $2.83M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
Dishmi Capital charges up to 1.50% a year for its Wrap Comprehensive Portfolio Management. The fee is billed in arrears and is negotiable.
Fee details and sources
Michael Cheung owns 50% to 75% of Dishmi Capital. The leadership team of Dishmi Capital includes Chief Compliance Officer Jessica Clark. It has 4 employees, 2 of them in advisory roles.
Staff
- 4 employees
- 2 in advisory functions
- 4 state-registered reps
- Owns 50% to 75% of Dishmi Capital, LLC
Michael Cheung
Control person · since April 2025
- Owns 50% to 75% of Dishmi Capital, LLC
Shang Chou
Control person · since April 2025
Dishmi Capital’s regulatory assets grew Infinity× from $0 (June 2025) to $215M (March 2026); employees rose from 3 to 4.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $215M | 76 | 4 | 2 |
| Jun 2025June 2025 | $0 | 0 | 3 | 2 |
Besides its headquarters, Dishmi Capital has 1 office (1 private residence, listed without an address), with 1 listed address in 1 state.
California · 1 listed address
- 251 South Lake Ave, Suite 800, PasadenaHQ
Contact and registration details
- Legal name
- Dishmi Capital, LLC
- Headquarters
- 251 South Lake Ave, Suite 800, Pasadena, CA 91101
- Website
- dishmicap.com
- Phone
- 323-835-5560
- @dishmi-capital
- SEC file
- 801-132899
- Founded
- 2025
- Structure
- Delaware LLC
- Fiscal year end
- December
Dishmi Capital’s named custodians for separately managed accounts are Fidelity ($204M, 95%) and Charles Schwab ($11.3M, 5%). Dishmi Capital has custody of $26.7M for 11 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $11.3M5%
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $204M95%
At year end, Dishmi Capital’s separately managed accounts were mostly in stocks (83%) and funds (15%).
What the accounts hold
- Stocks83%
- Funds15%
- Registered funds10%
- Pooled vehicles5%
- Cash1%
- Other2%
- Derivatives2%
How many clients does Dishmi Capital have?
Dishmi Capital has 76 clients and manages $215 million for them, as of March 2026. They include 76 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 25 March 2026
What services does Dishmi Capital offer?
Dishmi Capital provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Dishmi Capital charge?
Dishmi Capital charges up to 1.50% a year for its Wrap Comprehensive Portfolio Management. The fee is billed in arrears and is negotiable.
Source: FORM ADV PART 2A WRAP FEE BROCHURE, filed 25 March 2026
Which custodians does Dishmi Capital use?
Dishmi Capital’s separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $204M and Charles Schwab & Co., Inc. (Westlake, TX), with $11.3M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 25 March 2026
How many financial advisors does Dishmi Capital have?
Dishmi Capital has 4 investment adviser representatives registered with state securities authorities, out of 4 employees, and 2 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
What does Dishmi Capital invest in?
At the end of its last fiscal year, Dishmi Capital’s separately managed accounts held 83% exchange-traded equities, 10% registered funds (mutual funds, ETFs, BDCs), 5% pooled vehicles (private funds and similar), 2% derivatives and 1% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Dishmi Capital?
Dishmi Capital’s direct owners are Michael Cheung (50% to 75%) and Shang Chou (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 25 March 2026
How does Dishmi Capital get paid?
Dishmi Capital 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
How do I contact Dishmi Capital?
Dishmi Capital’s main office is at 251 South Lake Ave, Suite 800, Pasadena, CA 91101. Its phone number is 323-835-5560. Its website is dishmicap.com.