Sierra Capital provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, and publishing newsletters. Financial planning was provided to 1–10 clients last fiscal year. The firm advises 2 private funds.
Sierra Capital reports 76 clients. They include 76 high-net-worth individuals. Of its assets, 95.8% ($1.54B across 406 accounts) are managed with discretion; $68.4M across 29 accounts are not. Of its clients, 53% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| High-net-worth individuals | 100% | 95% |
| Banking or thrift institutions | Fewer than 5 | <1% |
| Charitable organizations | Fewer than 5 | 3% |
| Insurance companies | 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 |
|---|---|---|---|---|
| High-net-worth individuals | 76 | $1.53B | 95.2% | $20.2M |
| Banking or thrift institutions | Fewer than 5 | $13.1M | 0.8% | — |
| Charitable organizations | Fewer than 5 | $49.3M | 3.1% | — |
| Insurance companies | Fewer than 5 | $14.9M | 0.9% | — |
| Total | 76 | $1.61B | 100% | — |
- Clients
- 76
- Regulatory AUM
- $1.53B
- AUM share
- 95.2%
- Avg. per client
- $20.2M
- Clients
- Fewer than 5
- Regulatory AUM
- $13.1M
- AUM share
- 0.8%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $49.3M
- AUM share
- 3.1%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $14.9M
- AUM share
- 0.9%
- Avg. per client
- —
Total
- Clients
- 76
- Regulatory AUM
- $1.61B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 53%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 2
- Financial planning clients last fiscal year
- 1–10
Sierra Capital charges 0.55%–1.25% a year for its Investment Supervisory Services. Each asset band is charged at its own rate. The fee is negotiable and requires an account of at least $10,000,000. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$5M | 1.25% |
| $5M–$10M | 0.85% |
| $10M–$25M | 0.75% |
| $25M–$50M | 0.65% |
| $50M and above | 0.55% |
Fee details and sources
Other fees
- Reporting and Supervision Fees
- Consolidated reporting or supervision of assets is a separate fee for some clients, negotiable and either fixed or asset based.
Carlos Pedroso owns 25% to 50% of Sierra Capital. The leadership team of Sierra Capital includes Chief Compliance Officer Malik Mitchell. It has 8 employees, 6 of them in advisory roles.
Leadership
- Malik MitchellChief Compliance Officer
- Rafael DelasierraManaging Member
- Carlos PedrosoManaging Member
Investment adviser representatives
8 representatives listed in the SEC register as of 9 October 2026.
- Norman Javier Chamorro
- Leonardo Chico Reyes
- Rafael Jose Delasierra III
- Maria Teresa Felix Cubero
- Charles William Flynn
- Kevin Hernandez
- Rene Jesus Negron
- Carlos Alfonso Pedroso
Staff
- 8 employees
- 6 in advisory functions
- 5 state-registered reps
- 3 soliciting firms
- Owns 25% to 50% of Sierra Capital LLC
Carlos Pedroso
Control person · since January 2016
- Owns 25% to 50% of Sierra Capital LLC
Rafael De La Sierra Declaration of Trust 3/23/22
Control person · since April 2022
- Owns 25% to 50% of Sierra Capital LLC
Rafael
Control person · since April 2022
- Owns 10% to 25% of Sierra Capital LLC
Sonilelu SC LLC
Control person · since November 2025
- Owns 25% to 50% of Sonilelu SC LLC
Sofi Trust 3/23/22
since January 2026
Alina Murphy
Trustee · since January 2026
- Owns 25% to 50% of Sonilelu SC LLC
Niki Trust 3/23/22
Control person · since January 2026
Kristy De La Sierra
Trustee · since January 2026
- Owns 25% to 50% of Sonilelu SC LLC
Lexi Trust 3/23/22
Control person · since January 2026
- Owns 25% to 50% of Sonilelu SC LLC
Luci Trust 3/23/22
Control person · since January 2026
Rafael Delasierra
Managing member · Control person · since November 2025
Sierra Capital’s regulatory assets grew from $1.32B (March 2021) to $1.61B (June 2026); clients rose from 55 to 76 and employees from 5 to 8.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| June 2026 | $1.61B | 76 | 8 | 1 |
| March 2025 | $1.46B | 76 | 5 | 1 |
| April 2024 | $1.43B | 78 | 7 | 1 |
| March 2023 | $1.37B | 70 | 6 | 1 |
| March 2022 | $1.53B | 67 | 6 | 1 |
| March 2021 | $1.32B | 55 | 5 | 3 |
Besides its headquarters, Sierra Capital has 0 offices, with 1 listed address in Florida.
Florida · 1 listed address
- 600 Brickell Avenue, Ste. 2020, MiamiHQ
Other business names
Sierra Capital has reported 1 other business name to the SEC.
- Sierra Capital Partners, LLC
Contact and registration details
- Legal name
- Sierra Capital LLC
- Headquarters
- 600 Brickell Avenue, Ste. 2020, Miami, FL 33131
- Website
- sierracap.com
- Phone
- 212-867-3533
- @sierra-capital
- SEC file
- 801-57691
- Structure
- Delaware LLC
- Fiscal year end
- December
Sierra Capital uses Morgan Stanley ($271M, 30%), J.P. Morgan ($253M, 28%) and Charles Schwab ($228M, 25%), among others, as custodians for its separately managed accounts. Sierra Capital has custody of $99.3M in client assets for 10 clients.
- J.P. MorganJPMorgan Chase Bank, N.A. · New York, NY · $253M28%
- Morgan StanleyMorgan Stanley Smith Barney LLC · New York, NY · $271M30%
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $228M25%
- Union Bank of SwitzerlandUnion Bank of Switzerland · New York, NY · $150M17%
At year end, Sierra Capital’s separately managed accounts were mostly in stocks (64%) and funds (28%). Its reported 13F holdings for the quarter ended 30 June 2026 total $1.03B across 228 positions; the largest are Vanguard S&P 500 ETF (6.7%), iShares Short Duration Corp. Bond Ucits ETF (acc) (3.9%) and iShares Core MSCI Emu Ucits ETF (acc) (3.7%).
What the accounts hold
- Stocks64%
- Exchange-traded equities63%
- Non-exchange-traded equities1%
- Funds28%
- Pooled vehicles24%
- Registered funds4%
- Bonds3%
- U.S. government and agency bonds1%
- State and local bonds1%
- Investment grade corporate bonds1%
- Cash3%
- Other2%
- Structured product real estate liabilities other2%
Reported 13F holdings
- $1.03B
- Reported 13F value
- 228
- Positions
- 34.8%
- In the 10 largest
- +112660.0%
- Value vs. prior quarter
- Vanguard S&P 500 ETFETF6.7%
- iShares Short Duration Corp. Bond Ucits ETF (acc)ETF3.9%
- iShares Core MSCI Emu Ucits ETF (acc)ETF3.7%
- iShares MSCI EM Ex-china Ucits ETF (acc)ETF3.6%
- iShares S&P 500 Equal Weight Ucits ETF (acc)ETF3.3%
- Apple3.0%
- iShares S&P 500 Swap Ucits ETF (acc)ETF3.0%
- iShares MSCI USA Small Cap Ctb Enhanced Esg Ucits ETF (acc)ETF2.9%
- iShares Core S&P 500 Ucits ETF (acc)ETF2.4%
- Berkshire Hathaway Inc.. Class B2.4%
Together, the ten largest are 34.8% of reported value.
How many clients does Sierra Capital have?
Sierra Capital has 76 clients and manages $1.61 billion for them, as of June 2026. They include 76 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 11 June 2026
What services does Sierra Capital offer?
Sierra Capital provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, and publishing newsletters.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Sierra Capital charge?
Sierra Capital charges 0.55%–1.25% a year for its Investment Supervisory Services. Each asset band is charged at its own rate. The fee is negotiable and requires an account of at least $10,000,000.
Which custodians does Sierra Capital use?
Sierra Capital’s separately managed account assets are held at Morgan Stanley Smith Barney LLC (New York, NY), with $271M, JPMorgan Chase Bank, N.A. (New York, NY), with $253M, Charles Schwab & Co., Inc. (San Francisco, CA), with $228M and Union Bank of Switzerland (New York, NY), with $150M. 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 June 2026
How many financial advisors does Sierra Capital have?
Sierra Capital has 5 investment adviser representatives registered with state securities authorities, out of 8 employees, and 6 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 Sierra Capital invest in?
At the end of its last fiscal year, Sierra Capital’s separately managed accounts held 63% exchange-traded equities, 24% pooled vehicles (private funds and similar), 4% registered funds (mutual funds, ETFs, BDCs), 3% cash and equivalents, 2% other, 1% non-exchange-traded equities, 1% U.S. government and agency bonds, 1% state and local bonds and 1% investment grade corporate bonds. The 2% other category is described as: Structured Product Real Estate Liabilities Other. It advises 2 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does Sierra Capital have a minimum investment?
Yes, Sierra Capital’s minimum account size for its Investment Supervisory Services is $10M.
Who owns Sierra Capital?
Sierra Capital is owned through a holding company by Lexi Trust 3/23/22 and Luci Trust 3/23/22. Its direct owners are Carlos Pedroso, Sonilelu SC LLC, Rafael De La Sierra Declaration of Trust 3/23/22 and Rafael, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 11 June 2026
How does Sierra Capital get paid?
Sierra Capital is paid through a percentage of assets under management, fixed fees 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
Is Sierra Capital registered with the SEC?
Yes, Sierra Capital has been registered with the SEC as an investment adviser since 28 June 2000. Its CRD number is 110129 and its SEC file number is 801-57691.
Source: Form ADV Part 1A, Item 1, filed 11 June 2026; IAPD firm record
How do I contact Sierra Capital?
Sierra Capital’s main office is at 600 Brickell Avenue, Ste. 2020, Miami, FL 33131. Its phone number is 212-867-3533. Its website is sierracap.com.