{"url":"https://nivawealth.com/firms/dishmi-capital-336392","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/336392","regulatoryAum":215077959,"crd":"336392","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"5683262","suffix":null,"lastName":"CHEUNG","firstName":"MICHAEL","middleName":"HOI-MING"},{"crd":"5550638","suffix":null,"lastName":"CHOU","firstName":"SHANG","middleName":null},{"crd":"6831434","suffix":null,"lastName":"Lysyanska","firstName":"Veronika","middleName":"O"},{"crd":"7910441","suffix":null,"lastName":"Vargas","firstName":"Jessica","middleName":null}],"total":4,"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":"2025-06-06","regulatoryAum":0,"clients":0,"employees":3,"offices":2},{"filedOn":"2026-03-25","regulatoryAum":215077959,"clients":76,"employees":4,"offices":2}],"secFileNumber":"801-132899","legalName":"Dishmi Capital, LLC","displayName":"Dishmi Capital","slug":"dishmi-capital-336392","website":"https://dishmicap.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/336392/0b1b1624761ddcb3-r1.webp","tone":"light","width":583,"height":200,"sourceUrl":"https://www.dishmicap.com","sourceLabel":"Dishmi Capital, LLC, website"},"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/dishmi-capital","founded":"2025","organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"251 South Lake Ave, Suite 800","city":"Pasadena","state":"CA","stateName":"California","country":"United States","postalCode":"91101"},"tradeNames":[],"registration":{"secApproved":"30 May 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BROCHURE","fee_rate_low":null,"fee_rate_high":1.5,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T18:03:09.678375+00:00","documents":[{"name":"FORM ADV PART 2A WRAP FEE BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1026573","versionId":1026573,"submittedOn":"2026-03-25"},{"name":"FORM ADV PART 2A FIRM BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1026572","versionId":1026572,"submittedOn":"2026-03-25"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":11279959},{"name":"Fidelity Brokerage Services LLC","shortName":"Fidelity","location":"Smithfield, RI","smaAssets":203798000}],"custodyNote":"Dishmi Capital has custody of $26.7M for 11 clients.","otherCustodians":[],"leadership":[{"name":"Jessica Clark","title":"Chief Compliance Officer","crd":"3147754"},{"name":"Michael Cheung","title":"Managing Partner","crd":"5683262"},{"name":"Shang Chou","title":"Managing Partner","crd":"5550638"}],"ownership":[{"label":"Michael Cheung","detail":"Managing partner in the 50% to 75% ownership band and a control person, since April 2025."},{"label":"Shang Chou","detail":"Managing partner in the 50% to 75% ownership band and a control person, since April 2025."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":1},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"251 South Lake Ave, Suite 800","city":"Pasadena","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"323-835-5560","stateRegisteredReps":4,"otherAdviserReps":4,"compensation":["A percentage of assets under management"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients","Pension consulting services","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":83},{"label":"Derivatives","percent":2},{"label":"Securities issued by registered investment companies or business development companies","percent":10},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":5},{"label":"Cash and cash equivalents","percent":1}],"privateFunds":0},"sources":{"adv1FilingDate":"25 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/336392/PDF/336392.pdf","brochureDate":"25 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1026573","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 Dishmi Capital have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Dishmi Capital offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Dishmi Capital charge?","answer":"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","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Dishmi Capital use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Dishmi Capital have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Dishmi Capital invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Dishmi Capital?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Dishmi Capital get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Dishmi Capital?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 25 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."}