Pennsylvania Capital Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, estate planning, insurance, and tax planning. Financial planning was provided to 1–10 clients last fiscal year.
Pennsylvania Capital Management reports 200 clients. They include 109 high-net-worth individuals and 91 individual clients. Of its assets, 68.6% ($583M across 897 accounts) are managed with discretion; $266M across 148 accounts are not. It advised 2 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 46% | 5% |
| High-net-worth individuals | 55% | 92% |
| Pension and profit-sharing plans | Fewer than 5 | 1% |
| Charitable organizations | Fewer than 5 | <1% |
| Corporations and other businesses | Fewer than 5 | 2% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 91 | $38.2M | 4.5% | $420K |
| High-net-worth individuals | 109 | $777M | 91.6% | $7.13M |
| Pension and profit-sharing plans | Fewer than 5 | $12.4M | 1.5% | — |
| Charitable organizations | Fewer than 5 | $7.25M | 0.9% | — |
| Corporations and other businesses | Fewer than 5 | $13.5M | 1.6% | — |
| Total | 200 | $849M | 100% | — |
- Clients
- 91
- Regulatory AUM
- $38.2M
- AUM share
- 4.5%
- Avg. per client
- $420K
- Clients
- 109
- Regulatory AUM
- $777M
- AUM share
- 91.6%
- Avg. per client
- $7.13M
- Clients
- Fewer than 5
- Regulatory AUM
- $12.4M
- AUM share
- 1.5%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $7.25M
- AUM share
- 0.9%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $13.5M
- AUM share
- 1.6%
- Avg. per client
- —
Total
- Clients
- 200
- Regulatory AUM
- $849M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 2
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
Pennsylvania Capital Management is paid through a percentage of assets under management, hourly charges and fixed fees (other than subscription fees). 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 Planning and Other Services
- Financial planning is billed at a negotiated fixed fee or an hourly rate not to exceed $750 per hour ($275 per hour for an associate planner), plus administrative charges up to $125 per hour.
Irvin Schorsch owns 75% or more of Pennsylvania Capital Management. The leadership team of Pennsylvania Capital Management includes President Irvin Schorsch. It has 10 employees, 4 of them in advisory roles.
Leadership
Irvin SchorschPresident/Director/Secretary/Treasurer/Chief Compliance Officer
Investment adviser representatives
5 representatives listed in the SEC register as of 9 October 2026.
Staff
- 10 employees
- 4 in advisory functions
- 5 state-registered reps
- 1 insurance agent
- Owns 75% or more of Pennsylvania Capital Management Inc.
Irvin Schorsch
Control person · since August 1995
Pennsylvania Capital Management’s regulatory assets grew from $630M (May 2021) to $849M (March 2026); clients rose from 157 to 200 and employees were 10 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $849M | 200 | 10 | 7 |
| March 2025 | $759M | 197 | 10 | 6 |
| April 2024 | $678M | 180 | 11 | 6 |
| June 2023 | $572M | 168 | 11 | 5 |
| April 2022 | $761M | 162 | 11 | 4 |
| May 2021 | $630M | 157 | 10 | 4 |
Besides its headquarters, Pennsylvania Capital Management has 6 offices (6 private residences, listed without an address), with 1 listed address in Pennsylvania.
Pennsylvania · 1 listed address
- 1841 Huntingdon Pike, Huntingdon ValleyHQ
Contact and registration details
- Legal name
- Pennsylvania Capital Management Inc.
- Headquarters
- 1841 Huntingdon Pike, Huntingdon Valley, PA 19006
- Phone
- 215-881-7700
- SEC file
- 801-50732
- Founded
- 1995
- Structure
- Pennsylvania corporation
- Fiscal year end
- December
Pennsylvania Capital Management uses Charles Schwab ($781M) as custodian for its separately managed accounts. Pennsylvania Capital Management has custody of $105M in client assets for 15 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $781M100%
At year end, Pennsylvania Capital Management’s separately managed accounts were largely in stocks (48%) and funds (46%). Its reported 13F holdings for the quarter ended 30 June 2026 total $395M across 123 positions; the largest are Apple Inc. (10.3%), iShares TR (8.8%) and Microsoft Corp. (7.1%).
What the accounts hold
- Stocks48%
- Funds46%
- Registered funds44%
- Pooled vehicles2%
- Bonds2%
- U.S. government and agency bonds1%
- State and local bonds1%
- Cash6%
Reported 13F holdings
- $395M
- Reported 13F value
- 123
- Positions
- 58.0%
- In the 10 largest
- +13.0%
- Value vs. prior quarter
- Apple Inc.10.3%
- iShares TR · Core S&P500 ETF8.8%
- Microsoft Corp.7.1%
- Schwab Strategic TR · Fundamental US L5.5%
- J P Morgan Exchange Traded F · Income ETF5.4%
- Amazon Com Inc.4.8%
- Blackrock ETF Trust II · Isha Flex IN ETF4.8%
- Nvidia Corporation4.0%
- Schwab Strategic TR · Fundamental Intl3.8%
- Vanguard World FD · Mega Grwth Ind3.4%
Together, the ten largest are 58.0% of reported value.
How many clients does Pennsylvania Capital Management have?
Pennsylvania Capital Management has 200 clients and manages $849 million for them, as of March 2026. They include 109 high-net-worth individuals and 91 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 26 March 2026
What services does Pennsylvania Capital Management offer?
Pennsylvania Capital Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, estate planning, insurance, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
Which custodians does Pennsylvania Capital Management use?
Pennsylvania Capital Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $781M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 26 March 2026
How many financial advisors does Pennsylvania Capital Management have?
Pennsylvania Capital Management has 5 investment adviser representatives registered with state securities authorities, out of 10 employees, and 4 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Pennsylvania Capital Management invest in?
At the end of its last fiscal year, Pennsylvania Capital Management’s separately managed accounts held 48% exchange-traded equities, 44% registered funds (mutual funds, ETFs, BDCs), 6% cash and equivalents, 2% pooled vehicles (private funds and similar), 1% U.S. government and agency bonds and 1% state and local bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Pennsylvania Capital Management?
Pennsylvania Capital Management’s direct owner is Irvin Schorsch (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 26 March 2026
How does Pennsylvania Capital Management get paid?
Pennsylvania Capital Management is paid through a percentage of assets under management, hourly charges and fixed fees. 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 Pennsylvania Capital Management?
Pennsylvania Capital Management’s main office is at 1841 Huntingdon Pike, Huntingdon Valley, PA 19006. Its phone number is 215-881-7700. Its website is pennsylvaniacapitalmanagement.com.