Open Source Investments provides portfolio management for individuals and small businesses.
Open Source Investments reports 239 individuals. Of its assets, 100.0% ($131M across 612 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 100% | 100% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 239 | $131M | 100.0% | $547K |
| Total | 239 | $131M | 100% | $547K |
- Clients
- 239
- Regulatory AUM
- $131M
- AUM share
- 100.0%
- Avg. per client
- $547K
Total
- Clients
- 239
- Regulatory AUM
- $131M
- AUM share
- 100%
- Avg. per client
- $547K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
Open Source Investments 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.
Scott Capace owns 50% to 75% of Open Source Investments. The leadership team of Open Source Investments includes Chief Compliance Officer Scott Capace. It has 2 employees.
Staff
- 2 employees
- 2 in advisory functions
- 2 state-registered reps
- Owns 50% to 75% of Open Source Investments, LLC
Scott Capace
Control person · since January 2017
- Owns 50% to 75% of Open Source Investments, LLC
Joseph Zinsel
Control person · since January 2017
Open Source Investments’ regulatory assets grew from $118M (May 2022) to $131M (March 2026); clients were 239 in both filings and employees were 2 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $131M | 239 | 2 | 1 |
| Mar 2025March 2025 | $114M | 237 | 2 | 1 |
| Mar 2024March 2024 | $104M | 232 | 2 | 1 |
| Mar 2023March 2023 | $93.7M | 234 | 2 | 1 |
| May 2022May 2022 | $118M | 237 | 2 | 1 |
Besides its headquarters, Open Source Investments has 0 offices, with 1 listed address with no US state reported.
Contact and registration details
- Legal name
- Open Source Investments, LLC
- Headquarters
- Not reported
- Website
- opensourceinvestments.com
- Phone
- 985-231-0808
- SEC file
- 801-124704
- Structure
- Louisiana LLC
- Fiscal year end
- December
Open Source Investments’ named custodian for separately managed accounts is Charles Schwab ($0). Open Source Investments does not have custody of client assets.
The filed values do not form a complete breakdown. Values are shown as filed.
- Charles Schwab · Charles Schwab & Co., Inc. · San Francisco, CA · $0
- 0%
At year end, Open Source Investments’ separately managed accounts were mostly in funds (94%).
What the accounts hold
- Stocks1%
- Funds94%
- Bonds1%
- Cash4%
How many clients does Open Source Investments have?
Open Source Investments has 239 clients and manages $131 million for them, as of March 2026. They include 239 individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 20 March 2026
What services does Open Source Investments offer?
Open Source Investments provides portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Open Source Investments use?
The filing also lists Charles Schwab & Co., Inc. with no separately managed account assets.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 20 March 2026
How many financial advisors does Open Source Investments have?
Open Source Investments has 2 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 Open Source Investments invest in?
At the end of its last fiscal year, Open Source Investments’ separately managed accounts held 94% registered funds (mutual funds, ETFs, BDCs), 4% cash and equivalents, 1% exchange-traded equities and 1% U.S. government and agency bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Open Source Investments?
Open Source Investments’ direct owners are Scott Capace (50% to 75%) and Joseph Zinsel (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 20 March 2026
How does Open Source Investments get paid?
Open Source Investments 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 Open Source Investments?
Its phone number is 985-231-0808. Its website is opensourceinvestments.com.