{"url":"https://nivawealth.com/firms/open-source-investments-287501","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/287501","regulatoryAum":130717514,"crd":"287501","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"2962585","suffix":null,"lastName":"CAPACE","firstName":"SCOTT","middleName":"MICHAEL"},{"crd":"5062873","suffix":null,"lastName":"ZINSEL","firstName":"JOSEPH","middleName":"G"}],"total":2,"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":"2022-05-09","regulatoryAum":118381141,"clients":237,"employees":2,"offices":1},{"filedOn":"2023-03-27","regulatoryAum":93732326,"clients":234,"employees":2,"offices":1},{"filedOn":"2024-03-13","regulatoryAum":104366017,"clients":232,"employees":2,"offices":1},{"filedOn":"2025-03-06","regulatoryAum":114089204,"clients":237,"employees":2,"offices":1},{"filedOn":"2026-03-20","regulatoryAum":130717514,"clients":239,"employees":2,"offices":1}],"secFileNumber":"801-124704","legalName":"Open Source Investments, LLC","displayName":"Open Source Investments","slug":"open-source-investments-287501","website":"https://opensourceinvestments.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/287501/21b872e4dde26d66-r1.webp","tone":"light","width":1012,"height":200,"sourceUrl":"https://opensourceinvestments.com/","sourceLabel":"Open Source Investments, LLC, website"},"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Louisiana limited liability company","fiscalYearEnd":"December","headquarters":{"street":"","city":"","state":"","stateName":"","country":"","postalCode":null},"tradeNames":[],"registration":{"secApproved":"22 April 2022","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":546935.2050209205,"staff":{"employees":2,"advisory":2,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":130717514,"discretionary":130717514,"discretionaryAccounts":612,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":239,"regulatoryAum":130717514}],"feePrograms":[],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed_no_numerical_schedule","checkedAt":"2026-10-22T15:42:06.57863+00:00","documents":[{"name":"ADV 2025","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1022872","versionId":1022872,"submittedOn":"2026-03-20"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":0}],"custodyNote":"Open Source Investments does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Scott Capace","title":"Chief Compliance Officer/Managing Director","crd":"2962585"},{"name":"Joseph Zinsel","title":"Managing Director","crd":"5062873"}],"ownership":[{"label":"Scott Capace","detail":"Chief compliance officer/managing director in the 50% to 75% ownership band and a control person, since January 2017."},{"label":"Joseph Zinsel","detail":"Managing director in the 50% to 75% ownership band and a control person, since January 2017."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"985-231-0808","stateRegisteredReps":2,"otherAdviserReps":1,"compensation":["A percentage of assets under management"],"activities":["Portfolio management for individuals and/or small businesses"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":1},{"label":"U.S. government/agency bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":94},{"label":"Cash and cash equivalents","percent":4}],"privateFunds":0},"sources":{"adv1FilingDate":"20 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/287501/PDF/287501.pdf","brochureDate":"20 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1022872","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 Open Source Investments have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Open Source Investments offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Open Source Investments use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Open Source Investments have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Open Source Investments invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Open Source Investments?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Open Source Investments get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Open Source Investments?","answer":"Its phone number is 985-231-0808. Its website is opensourceinvestments.com.","source":"Form ADV Part 1A, Item 1.F, filed 20 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."}