Sherpa Capital Management provides financial planning, portfolio management for individuals and small businesses, and selecting other managers. Financial planning was provided to 51–100 clients last fiscal year.
Sherpa Capital Management reports 158 clients. They include 102 individual clients and 56 high-net-worth individuals. Of its assets, 98.4% ($106M across 407 accounts) are managed with discretion; $1.67M across 2 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 65% | 26% |
| High-net-worth individuals | 35% | 73% |
| Charitable organizations | 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) | 102 | $27.7M | 25.8% | $272K |
| High-net-worth individuals | 56 | $78.3M | 72.9% | $1.4M |
| Charitable organizations | Fewer than 5 | $1.44M | 1.3% | — |
| Total | 158 | $107M | 100% | — |
- Clients
- 102
- Regulatory AUM
- $27.7M
- AUM share
- 25.8%
- Avg. per client
- $272K
- Clients
- 56
- Regulatory AUM
- $78.3M
- AUM share
- 72.9%
- Avg. per client
- $1.4M
- Clients
- Fewer than 5
- Regulatory AUM
- $1.44M
- AUM share
- 1.3%
- Avg. per client
- —
Total
- Clients
- 158
- Regulatory AUM
- $107M
- 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
Sherpa Capital Management charges 0.75%–1.25% a year for its Investment management services. The fee is billed in advance and is negotiable. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Employee benefit retirement plan services
- Plan services fee is a percentage of plan assets set in the client agreement, no more than 1.25% a year, charged quarterly in advance.
- Financial planning
- Financial planning is a flat fee of $2,500, half due on signing and half on delivery.
Peter Succoso owns 75% or more of Sherpa Capital Management. Peter Succoso is CEO; the leadership team includes Chief Compliance Officer Peter Succoso. It has 3 employees, 2 of them in advisory roles.
Leadership
- Peter SuccosoChief Executive Officer
- Peter SuccosoChief Compliance Officer
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
Staff
- 3 employees
- 2 in advisory functions
- 2 state-registered reps
- 1 broker-dealer rep
- 3 insurance agents
- Owns 75% or more of Sherpa Capital Management, LLC
Peter Succoso
Control person · since May 2025
Sherpa Capital Management’s regulatory assets grew Infinity× from $0 (May 2025) to $107M (March 2026); employees rose from 2 to 3.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $107M | 158 | 3 | 2 |
| May 2025 | $0 | 0 | 2 | 2 |
Besides its headquarters, Sherpa Capital Management has 1 office, with 2 listed addresses in Delaware.
Delaware · 1 listed address
- 722 Yorklyn Road, Hockessin
Contact and registration details
- Legal name
- Sherpa Capital Management, LLC
- Headquarters
- Not reported
- Website
- Not reported
- Phone
- 302-235-1284
- SEC file
- 801-133748
- Structure
- Florida LLC
- Fiscal year end
- December
Sherpa Capital Management uses Charles Schwab ($105M) as custodian for its separately managed accounts. Sherpa Capital Management does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · New York, NY · $105M100%
At year end, Sherpa Capital Management’s separately managed accounts were mostly in funds (90%).
What the accounts hold
- Stocks4%
- Funds90%
- Bonds4%
- U.S. government and agency bonds3%
- Investment grade corporate bonds1%
- Cash2%
How many clients does Sherpa Capital Management have?
Sherpa Capital Management has 158 clients and manages $107 million for them, as of March 2026. They include 102 individual clients and 56 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 27 March 2026
What services does Sherpa Capital Management offer?
Sherpa Capital Management provides financial planning, portfolio management for individuals and small businesses, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Sherpa Capital Management charge?
Sherpa Capital Management charges 0.75%–1.25% a year for its Investment management services. The fee is billed in advance and is negotiable.
Source: SHERPA CAPITAL MANAGEMENT, LLC FORM ADV PART 2A BROCHURE, filed 27 March 2026
Which custodians does Sherpa Capital Management use?
Sherpa Capital Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (New York, NY), with $105M. 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 Sherpa Capital Management have?
Sherpa Capital Management has 2 investment adviser representatives registered with state securities authorities, out of 3 employees, and 2 perform investment advisory functions. 1 employee is a registered representative of a broker-dealer and 3 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 Sherpa Capital Management invest in?
At the end of its last fiscal year, Sherpa Capital Management’s separately managed accounts held 90% registered funds (mutual funds, ETFs, BDCs), 4% exchange-traded equities, 3% U.S. government and agency bonds, 2% cash and equivalents and 1% 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 Sherpa Capital Management?
Sherpa Capital Management’s direct owner is Peter Succoso (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 27 March 2026
How does Sherpa Capital Management get paid?
Sherpa Capital Management is paid through a percentage of assets under management 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 Sherpa Capital Management?
Its phone number is 302-235-1284.