RB Capital Management provides financial planning, portfolio management for individuals and small businesses, pension consulting, and insurance. Financial planning was provided to 51–100 clients last fiscal year.
RB Capital Management reports 648 clients. They include 438 individual clients, 198 high-net-worth individuals, and 12 pension and profit-sharing plans. Of its assets, 100.0% ($931M across 1,534 accounts) are managed with discretion. A wrap fee program the firm both sponsors and manages holds $881M.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 68% | 29% |
| High-net-worth individuals | 31% | 66% |
| Pension and profit-sharing plans | 2% | 5% |
| State or municipal government entities | Fewer than 5 | <1% |
| Corporations and other businesses | Fewer than 5 | <1% |
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) | 438 | $266M | 28.5% | $606K |
| High-net-worth individuals | 198 | $614M | 65.9% | $3.1M |
| Pension and profit-sharing plans | 12 | $49.5M | 5.3% | $4.13M |
| State or municipal government entities | Fewer than 5 | $622K | 0.1% | — |
| Corporations and other businesses | Fewer than 5 | $1.21M | 0.1% | — |
| Total | 648 | $931M | 100% | — |
- Clients
- 438
- Regulatory AUM
- $266M
- AUM share
- 28.5%
- Avg. per client
- $606K
- Clients
- 198
- Regulatory AUM
- $614M
- AUM share
- 65.9%
- Avg. per client
- $3.1M
- Clients
- 12
- Regulatory AUM
- $49.5M
- AUM share
- 5.3%
- Avg. per client
- $4.13M
- Clients
- Fewer than 5
- Regulatory AUM
- $622K
- AUM share
- 0.1%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $1.21M
- AUM share
- 0.1%
- Avg. per client
- —
Total
- Clients
- 648
- Regulatory AUM
- $931M
- 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
- 51–100
RB 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
- Financial planning for clients who do not receive investment management services is charged at an hourly fee of $250, invoiced on completion of the plan.
Robert Ballan owns 75% or more of RB Capital Management. The leadership team of RB Capital Management includes Chief Operating Officer Shawn Young. It has 16 employees, 14 of them in advisory roles.
Leadership
- Shawn YoungChief Compliance Officer/Chief Operating Officer
Robert BallanManaging Member
Investment adviser representatives
14 representatives listed in the SEC register as of 9 October 2026.
Staff
- 16 employees
- 14 in advisory functions
- 13 state-registered reps
- 6 broker-dealer reps
- 5 insurance agents
- Owns 75% or more of RB Capital Management, LLC
Robert Ballan
Control person · since April 2000
RB Capital Management’s regulatory assets grew 1.7× from $535M (April 2021) to $931M (March 2026); clients rose from 461 to 648 and employees from 11 to 16.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $931M | 648 | 16 | 12 |
| April 2025 | $817M | 614 | 15 | 11 |
| March 2024 | $718M | 600 | 14 | 8 |
| August 2023 | $628M | 598 | 14 | 8 |
| May 2022 | $656M | 475 | 11 | 7 |
| April 2021 | $535M | 461 | 11 | 5 |
Besides its headquarters, RB Capital Management has 11 offices (2 private residences, listed without an address), with 10 listed addresses in California, Connecticut and Nevada.
California · 6 listed addresses
- 601 Montgomery Street, San Francisco
- 601 Morro Bay Boulevard, Morro Bay
- 345 Lorton Avenue, Burlingame
- 9240 Old Redwood Hwy., Windsor
- 1615 Bonanza Street, Suite 403, Walnut Creek
- 7409 N Cedar Avenue, Fresno
Connecticut · 2 listed addresses
- 15 River Road, Suite 15b, Wilton
- 4 Corporate DR., Shelton
Nevada · 2 listed addresses
- 5365 Reno Corporate DR., Suite 200, RenoHQ
- 880 Northwood Boulevard, Suite 2, Incline Village
Other business names
RB Capital Management has reported 1 other business name to the SEC.
- JS Wealth Planning
Contact and registration details
- Legal name
- RB Capital Management, LLC
- Headquarters
- 5365 Reno Corporate DR., Suite 200, Reno, NV 89511
- Website
- rbcapitalmanagement.com
- Phone
- 775-993-2900
- @12893317
- SEC file
- 801-62043
- Structure
- Delaware LLC
- Fiscal year end
- December
RB Capital Management uses Pershing ($581M, 67%) and Charles Schwab ($282M, 33%) as custodians for its separately managed accounts. RB Capital Management has custody of $527M in client assets for 594 clients.
- PershingPershing LLC · Jersey City, NJ · $581M67%
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $282M33%
At year end, RB Capital Management’s separately managed accounts were mostly in stocks (59%) and funds (20%). Its reported 13F holdings for the quarter ended 30 June 2026 total $513M across 204 positions; the largest are Apple Inc. (14.9%), Berkshire Hathaway Inc. Del (4.4%) and Nvidia Corporation (4.3%).
What the accounts hold
- Stocks59%
- Funds20%
- Bonds13%
- State and local bonds7%
- U.S. government and agency bonds4%
- Investment grade corporate bonds2%
- Cash8%
Reported 13F holdings
- $513M
- Reported 13F value
- 204
- Positions
- 41.4%
- In the 10 largest
- +9.0%
- Value vs. prior quarter
- Apple Inc.14.9%
- Berkshire Hathaway Inc. Del · CL B New4.4%
- Nvidia Corporation4.3%
- Alphabet Inc. · Cap Stk CL C3.5%
- Costco Wholesale Corporation3.0%
- State Str SPDR S&P 500 ETF T · TR Unit2.8%
- Amazon Com Inc.2.2%
- Alphabet Inc. · Cap Stk CL A2.2%
- Broadcom Inc.2.1%
- Microsoft Corp.2.0%
Together, the ten largest are 41.4% of reported value.
How many clients does RB Capital Management have?
RB Capital Management has 648 clients and manages $931 million for them, as of March 2026. They include 438 individual clients, 198 high-net-worth individuals, and 12 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 27 March 2026
What services does RB Capital Management offer?
RB Capital Management provides financial planning, portfolio management for individuals and small businesses, pension consulting, and insurance.
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 RB Capital Management use?
RB Capital Management’s separately managed account assets are held at Pershing LLC (Jersey City, NJ), with $581M and Charles Schwab & Co., Inc. (San Francisco, CA), with $282M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 27 March 2026
How many financial advisors does RB Capital Management have?
RB Capital Management has 13 investment adviser representatives registered with state securities authorities, out of 16 employees, and 14 perform investment advisory functions. 6 employees are registered representatives of a broker-dealer and 5 employees are 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 RB Capital Management invest in?
At the end of its last fiscal year, RB Capital Management’s separately managed accounts held 59% exchange-traded equities, 20% registered funds (mutual funds, ETFs, BDCs), 8% cash and equivalents, 7% state and local bonds, 4% U.S. government and agency bonds and 2% investment grade corporate bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns RB Capital Management?
RB Capital Management’s direct owner is Robert Ballan (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 27 March 2026
How does RB Capital Management get paid?
RB 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 RB Capital Management?
RB Capital Management’s main office is at 5365 Reno Corporate DR., Suite 200, Reno, NV 89511. Its phone number is 775-993-2900. Its website is rbcapitalmanagement.com.