Indiano Capital Management provides portfolio management for individuals and small businesses and portfolio management for institutions.
Indiano Capital Management reports 53 clients. They include 38 individual clients, 12 high-net-worth individuals and 2 insurance companies. Of its assets, 100.0% ($254M across 99 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 72% | <1% |
| High-net-worth individuals | 23% | 81% |
| Insurance companies | 4% | 18% |
| Corporations and other businesses | 2% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 38 | $1.87M | 0.7% | $49.1K |
| High-net-worth individuals | 12 | $206M | 81.0% | $17.1M |
| Insurance companies | Fewer than 5 | $46.2M | 18.2% | $23.1M |
| Corporations and other businesses | Fewer than 5 | $70.1K | 0.0% | $70.1K |
| Total | 53 | $254M | 100% | — |
- Clients
- 38
- Regulatory AUM
- $1.87M
- AUM share
- 0.7%
- Avg. per client
- $49.1K
- Clients
- 12
- Regulatory AUM
- $206M
- AUM share
- 81.0%
- Avg. per client
- $17.1M
- Clients
- Fewer than 5
- Regulatory AUM
- $46.2M
- AUM share
- 18.2%
- Avg. per client
- $23.1M
- Clients
- Fewer than 5
- Regulatory AUM
- $70.1K
- AUM share
- 0.0%
- Avg. per client
- $70.1K
Total
- Clients
- 53
- Regulatory AUM
- $254M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
Indiano Capital Management is paid through a percentage of assets under management. The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure.
Matthew Indiano owns 75% or more of Indiano Capital Management. The leadership team of Indiano Capital Management includes President Matthew Indiano and Chief Compliance Officer Carmen Indiano. It has 2 employees.
Leadership
- Matthew IndianoPresident
- Carmen IndianoChief Compliance Officer
Staff
- 2 employees
- 2 in advisory functions
- Owns 75% or more of Indiano Capital Management Inc.
Matthew Indiano
Control person · since June 1998
- Owns 10% to 25% of Indiano Capital Management Inc.
Carmen Indiano
since January 2001
Indiano Capital Management’s regulatory assets went from $262M (March 2021) to $254M (March 2026); clients fell from 70 to 53 and employees were 2 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $254M | 53 | 2 | 1 |
| March 2025 | $276M | 59 | 2 | 1 |
| March 2024 | $286M | 62 | 2 | 1 |
| July 2023 | $286M | 68 | 2 | 1 |
| March 2022 | $351M | 68 | 2 | 1 |
| March 2021 | $262M | 70 | 2 | 1 |
Besides its headquarters, Indiano Capital Management has 0 offices, with 1 listed address in New York.
New York · 1 listed address
- 120 Linden Oaks, Suite 201, RochesterHQ
Contact and registration details
- Legal name
- Indiano Capital Management Inc.
- Headquarters
- 120 Linden Oaks, Suite 201, Rochester, NY 14625
- Website
- indiano.com
- Phone
- 585-248-9888
- SEC file
- 801-64160
- Founded
- 1998
- Structure
- New York corporation
- Fiscal year end
- December
Indiano Capital Management uses RBC Dain Rauscher ($97.5M, 39%), UBS Financial Services ($64.1M, 26%) and Canandaigua National ($36.4M, 15%), among others, as custodians for its separately managed accounts. Indiano Capital Management does not have custody of client assets.
- Canandaigua NationalCanandaigua National Corporation · Canandaigua, NY · $36.4M15%
- RBC Dain RauscherRBC Dain Rauscher Inc. · Rochester, NY · $97.5M39%
- J.P. MorganJP Morgan Chase & Co · Newark, DE · $19.2M8%
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $31.4M13%
- UBS Financial ServicesUBS Financial Services Inc. · New York, NY · $64.1M26%
At year end, Indiano Capital Management’s separately managed accounts were mostly in stocks (68%) and bonds (27%).
What the accounts hold
- Stocks68%
- Bonds27%
- U.S. government and agency bonds16%
- Investment grade corporate bonds6%
- State and local bonds5%
- Cash5%
How many clients does Indiano Capital Management have?
Indiano Capital Management has 53 clients and manages $254 million for them, as of March 2026. They include 38 individual clients, 12 high-net-worth individuals and 2 insurance companies.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026
What services does Indiano Capital Management offer?
Indiano Capital Management provides portfolio management for individuals and small businesses and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Indiano Capital Management use?
Indiano Capital Management’s separately managed account assets are held at RBC Dain Rauscher Inc. (Rochester, NY), with $97.5M, UBS Financial Services Inc. (New York, NY), with $64.1M, Canandaigua National Corporation (Canandaigua, NY), with $36.4M, Charles Schwab & Co., Inc. (Westlake, TX), with $31.4M and JP Morgan Chase & Co (Newark, DE), with $19.2M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 March 2026
How many financial advisors does Indiano Capital Management have?
Indiano Capital Management has 0 investment adviser representatives registered with state securities authorities, out of 2 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 Indiano Capital Management invest in?
At the end of its last fiscal year, Indiano Capital Management’s separately managed accounts held 68% exchange-traded equities, 16% U.S. government and agency bonds, 6% investment grade corporate bonds, 5% state and local bonds 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
Who owns Indiano Capital Management?
Indiano Capital Management’s direct owners are Matthew Indiano (75% or more) and Carmen Indiano (10% to 25%).
Source: Form ADV Part 1A, Schedules A and B, filed 30 March 2026
How does Indiano Capital Management get paid?
Indiano 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
How do I contact Indiano Capital Management?
Indiano Capital Management’s main office is at 120 Linden Oaks, Suite 201, Rochester, NY 14625. Its phone number is 585-248-9888. Its website is indiano.com.