Portfolio Design Labs provides portfolio management for individuals and small businesses.
Portfolio Design Labs reports 357 clients. They include 249 individual clients, 97 high-net-worth individuals, and 9 pension and profit-sharing plans. Of its assets, 100.0% ($625M across 593 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 70% | 35% |
| High-net-worth individuals | 27% | 52% |
| Pension and profit-sharing plans | 3% | 2% |
| Corporations and other businesses | <1% | 10% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 249 | $220M | 35.2% | $884K |
| High-net-worth individuals | 97 | $327M | 52.3% | $3.37M |
| Pension and profit-sharing plans | 9 | $13.3M | 2.1% | $1.48M |
| Corporations and other businesses | Fewer than 5 | $64.4M | 10.3% | $32.2M |
| Total | 357 | $625M | 100% | — |
- Clients
- 249
- Regulatory AUM
- $220M
- AUM share
- 35.2%
- Avg. per client
- $884K
- Clients
- 97
- Regulatory AUM
- $327M
- AUM share
- 52.3%
- Avg. per client
- $3.37M
- Clients
- 9
- Regulatory AUM
- $13.3M
- AUM share
- 2.1%
- Avg. per client
- $1.48M
- Clients
- Fewer than 5
- Regulatory AUM
- $64.4M
- AUM share
- 10.3%
- Avg. per client
- $32.2M
Total
- Clients
- 357
- Regulatory AUM
- $625M
- 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
- Financial planning clients last fiscal year
- 0
Portfolio Design Labs charges 0.95% a year for its Asset-Based Fees. The fee is billed in arrears.
Fee details and sources
Jason Thomas owns 75% or more of Portfolio Design Labs. The leadership team of Portfolio Design Labs includes Chief Compliance Officer Jason Thomas. It has 5 employees, 1 of them in advisory roles.
Leadership
- Jason ThomasManaging Member & Chief Compliance Officer
Investment adviser representatives
1 representatives listed in the SEC register as of 9 October 2026.
- Jason Terrance Thomas
Staff
- 5 employees
- 1 in advisory functions
- 1 state-registered rep
- Owns 75% or more of Portfolio Design Labs, LLC
Jason Thomas
Control person · since November 2021
Portfolio Design Labs’ regulatory assets grew 23.8× from $26.2M (July 2022) to $625M (May 2026); clients rose from 37 to 357 and employees from 4 to 5.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| May 2026 | $625M | 357 | 5 | 1 |
| June 2025 | $502M | 426 | 4 | 1 |
| May 2024 | $276M | 296 | 4 | 1 |
| July 2023 | $178M | 210 | 4 | 1 |
| July 2022 | $26.2M | 37 | 4 | 1 |
Besides its headquarters, Portfolio Design Labs has 0 offices, with 1 listed address in California.
California · 1 listed address
- 15760 Ventura BLVD, Suite 1700, EncinoHQ
Contact and registration details
- Legal name
- Portfolio Design Labs, LLC
- Headquarters
- 15760 Ventura BLVD, Suite 1700, Encino, CA 91436
- Website
- portfoliolabs.com
- Phone
- 310-755-0411
- @portfolio-design-labs
- SEC file
- 801-127598
- Founded
- 2021
- Structure
- Delaware LLC
- Fiscal year end
- December
Portfolio Design Labs uses Charles Schwab ($412M, 82%) and Fidelity ($90.3M, 18%) as custodians for its separately managed accounts. Portfolio Design Labs does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $412M82%
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $90.3M18%
At year end, Portfolio Design Labs’ separately managed accounts were mostly in stocks (83%) and funds (15%). Its reported 13F holdings for the quarter ended 30 June 2026 total $610M across 227 positions; the largest are SPDR Gold TR (5.8%), Nvidia Corporation (5.3%) and Apple Inc. (4.2%).
What the accounts hold
- Stocks83%
- Funds15%
- Cash2%
Reported 13F holdings
- $610M
- Reported 13F value
- 227
- Positions
- 37.2%
- In the 10 largest
- +8.5%
- Value vs. prior quarter
- SPDR Gold TR · Gold Shs5.8%
- Nvidia Corporation5.3%
- Apple Inc.4.2%
- Alphabet Inc. · Cap Stk CL C3.9%
- iShares TR · Trs Flt RT BD3.6%
- iShares TR · Tips BD ETF3.1%
- Microsoft Corp.3.1%
- iShares TR · 1 3 YR Treas BD3.0%
- Amazon Com Inc.2.7%
- iShares TR · MSCI Eafe Min VL2.4%
Together, the ten largest are 37.2% of reported value.
How many clients does Portfolio Design Labs have?
Portfolio Design Labs has 357 clients and manages $625 million for them, as of May 2026. They include 249 individual clients, 97 high-net-worth individuals, and 9 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 11 May 2026
What services does Portfolio Design Labs offer?
Portfolio Design Labs 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
How much does Portfolio Design Labs charge?
Portfolio Design Labs charges 0.95% a year for its Asset-Based Fees. The fee is billed in arrears.
Source: PORTFOLIO DESIGN LABS - 2026 BROCHURE, filed 31 March 2026
Which custodians does Portfolio Design Labs use?
Portfolio Design Labs’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $412M and Fidelity Brokerage Services LLC (Smithfield, RI), with $90.3M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 11 May 2026
How many financial advisors does Portfolio Design Labs have?
Portfolio Design Labs has 1 investment adviser representative registered with state securities authorities, out of 5 employees, and 1 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 Portfolio Design Labs invest in?
At the end of its last fiscal year, Portfolio Design Labs’ separately managed accounts held 83% exchange-traded equities, 15% registered funds (mutual funds, ETFs, BDCs) and 2% 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 Portfolio Design Labs?
Portfolio Design Labs’ direct owner is Jason Thomas (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 11 May 2026
How does Portfolio Design Labs get paid?
Portfolio Design Labs is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions 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 Portfolio Design Labs?
Portfolio Design Labs’ main office is at 15760 Ventura BLVD, Suite 1700, Encino, CA 91436. Its phone number is 310-755-0411. Its website is portfoliolabs.com.