Leisure Capital Management provides portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and selecting other managers.
Leisure Capital Management reports 349 clients. They include 170 individual clients, 169 high-net-worth individuals and 10 charitable organizations. Of its assets, 100.0% ($874M across 349 accounts) are managed with discretion. It advised 10 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 49% | 13% |
| High-net-worth individuals | 48% | 83% |
| Charitable organizations | 3% | 3% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 170 | $118M | 13.5% | $694K |
| High-net-worth individuals | 169 | $728M | 83.3% | $4.31M |
| Charitable organizations | 10 | $28.5M | 3.3% | $2.85M |
| Total | 349 | $874M | 100% | $2.5M |
- Clients
- 170
- Regulatory AUM
- $118M
- AUM share
- 13.5%
- Avg. per client
- $694K
- Clients
- 169
- Regulatory AUM
- $728M
- AUM share
- 83.3%
- Avg. per client
- $4.31M
- Clients
- 10
- Regulatory AUM
- $28.5M
- AUM share
- 3.3%
- Avg. per client
- $2.85M
Total
- Clients
- 349
- Regulatory AUM
- $874M
- AUM share
- 100%
- Avg. per client
- $2.5M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 10
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
Leisure Capital Management is paid through a percentage of assets under management and hourly charges. The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial Consulting
- Billed at an hourly rate of $200, which may be negotiable; one-half of the estimated fee is due when the agreement is signed.
Marr Leisure owns 50% to 75% of Leisure Capital Management. The leadership team of Leisure Capital Management includes President Marr Leisure. It has 10 employees, 6 of them in advisory roles.
Leadership
Marr LeisurePresident, CCO, CIO, Co-Trustee of the Leisure Family Trust Dated 05/19/1995
Gideon BernsteinSecretary/Board of Directors (Since 2011), Co-Trustee of the Bernstein Family Trust Dated 12/17/2010 (Since 2014)
Patrick MaxwellShareholder
Raymond RobinsonTreasurer, Board of Directors- Anne LeisureCo-Trustee of the Leisure Family Trust Dated 05/19/1995
- Jeanne PepperCo-Trustee of the Bernstein Family Trust
Investment adviser representatives
5 representatives listed in the SEC register as of 9 October 2026.
Staff
- 10 employees
- 6 in advisory functions
- 6 state-registered reps
- Owns 50% to 75% of Leisure Capital Management, Inc.
Marr Leisure
Control person · since March 2002
- Owns 50% to 75% of Leisure Capital Management, Inc.
The Leisure Family Trust Dated 05/19/1995
Control person · since March 2002
- Owns 50% to 75% of Leisure Capital Management, Inc.
The Leisure Family Trust
Control person · since March 2002
- Owns 50% to 75% of Leisure Capital Management, Inc.
Anne Leisure
Control person · since March 2002
- Owns 10% to 25% of Leisure Capital Management, Inc.
Raymond Robinson
Control person · since December 2011
- Owns 10% to 25% of Leisure Capital Management, Inc.
Gideon Bernstein
Control person · since December 2011
- Owns 10% to 25% of Leisure Capital Management, Inc.
The Bernstein Family Trust Dated 12/17/2010
Control person · since August 2014
- Owns 10% to 25% of Leisure Capital Management, Inc.
The Bernstein Family Trust
Control person · since August 2014
- Owns 10% to 25% of Leisure Capital Management, Inc.
Jeanne Pepper
Control person · since August 2014
Leisure Capital Management’s regulatory assets grew 1.6× from $536M (June 2021) to $874M (March 2026); clients rose from 277 to 349 and employees from 9 to 10.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $874M | 349 | 10 | 1 |
| April 2025 | $779M | 328 | 10 | 1 |
| March 2024 | $704M | 321 | 10 | 1 |
| May 2023 | $664M | 308 | 9 | 1 |
| March 2022 | $655M | 299 | 9 | 1 |
| June 2021 | $536M | 277 | 9 | 1 |
Besides its headquarters, Leisure Capital Management has 0 offices, with 1 listed address in California.
California · 1 listed address
- 650 Town Center DR., Suite 880, Costa MesaHQ
Contact and registration details
- Legal name
- Leisure Capital Management, Inc.
- Headquarters
- 650 Town Center DR., Suite 880, Costa Mesa, CA 92626-1989
- Website
- leisurecapital.com
- Phone
- 714-384-4050
- @leisurecapital
- SEC file
- 801-61416
- Founded
- 2002
- Structure
- California corporation
- Fiscal year end
- December
Leisure Capital Management uses Charles Schwab ($874M) as custodian for its separately managed accounts. Leisure Capital Management does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $874M100%
At year end, Leisure Capital Management’s separately managed accounts were mostly in funds (52%) and stocks (25%). Its reported 13F holdings for the quarter ended 30 June 2026 total $320M across 157 positions; the largest are Apple Inc. (12.9%), Harbor ETF Trust (5.8%) and Gmo ETF Trust (4.1%).
What the accounts hold
- Stocks25%
- Funds52%
- Registered funds51%
- Pooled vehicles1%
- Bonds20%
- Investment grade corporate bonds8%
- U.S. government and agency bonds6%
- State and local bonds6%
- Cash2%
Filed values cover 99%. The neutral 1% gap has no reported category.
Reported 13F holdings
- $320M
- Reported 13F value
- 157
- Positions
- 42.6%
- In the 10 largest
- +12.1%
- Value vs. prior quarter
- Apple Inc.12.9%
- Harbor ETF Trust · Long Term Grower5.8%
- Gmo ETF Trust · US Quality ETF4.1%
- Sabra Health Care REIT Inc.4.0%
- Seagate Technology Hldngs PL3.8%
- Microsoft Corp.2.8%
- Schwab Strategic TR · US Lrg Cap ETF2.8%
- Pgim ETF TR · Pgim Ultra SH BD2.2%
- KLA Corp.2.1%
- Broadcom Inc.2.0%
Together, the ten largest are 42.6% of reported value.
How many clients does Leisure Capital Management have?
Leisure Capital Management has 349 clients and manages $874 million for them, as of March 2026. They include 170 individual clients, 169 high-net-worth individuals and 10 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 24 March 2026
What services does Leisure Capital Management offer?
Leisure Capital Management provides 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
Which custodians does Leisure Capital Management use?
Leisure Capital Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $874M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 24 March 2026
How many financial advisors does Leisure Capital Management have?
Leisure Capital Management has 6 investment adviser representatives registered with state securities authorities, out of 10 employees, and 6 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 Leisure Capital Management invest in?
At the end of its last fiscal year, Leisure Capital Management’s separately managed accounts held 51% registered funds (mutual funds, ETFs, BDCs), 25% exchange-traded equities, 8% investment grade corporate bonds, 6% U.S. government and agency bonds, 6% state and local bonds, 2% cash and equivalents and 1% pooled vehicles (private funds and similar).
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Leisure Capital Management?
Leisure Capital Management’s direct owners are Marr Leisure (50% to 75%), Raymond Robinson (10% to 25%), Gideon Bernstein (10% to 25%), the Leisure Family Trust Dated 05/19/1995 (50% to 75%), the Leisure Family Trust (50% to 75%), the Bernstein Family Trust Dated 12/17/2010 (10% to 25%), the Bernstein Family Trust (10% to 25%), Anne Leisure (50% to 75%) and Jeanne Pepper (10% to 25%).
Source: Form ADV Part 1A, Schedules A and B, filed 24 March 2026
How does Leisure Capital Management get paid?
Leisure Capital Management is paid through a percentage of assets under management and hourly charges. 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 Leisure Capital Management?
Leisure Capital Management’s main office is at 650 Town Center DR., Suite 880, Costa Mesa, CA 92626-1989. Its phone number is 714-384-4050. Its website is leisurecapital.com.