Tomales Bay Capital, LLC (San Francisco)


Tomales Bay Capital, LLC is a large advisory firm based in San Francisco. It manages $136.24 million of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdiction of California.

Tomales Bay Capital provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Tomales Bay Capital: assets under management

The assets under management (AUM) of Tomales Bay Capital, LLC is $136.24 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $136.24 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $19.46 million each.
Tomales Bay Capital has custody of $100.66 million in cash and securities for 4 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Tomales Bay Capital, LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Tomales Bay Capital serves?

The only and largest group of clients of Tomales Bay Capital is pooled investment vehicles with 7 clients and $136.24 million of assets under management. Among the 11 most similar advisory firms, Tomales Bay Capital has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $136.24 million for 7 clients. None of the firm’s clients are foreign persons or businesses.

Tomales Bay Capital also advises several private funds. Namely, two private equity funds and five venture capital funds. The minimum investment commitment required of non-related persons ranges from $10,000 to $500,000.

Careers at Tomales Bay Capital, LLC

The company employs 2 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Iqbaljit Nmn Kahlon Managing member and chief compliance officer 1 Nov 2015 75% - 100% 7023175

Based in San Francisco

The principal office where Tomales Bay Capital, LLC performs its advisory services is located at 5 3 Rd Street, San Francisco, CA 94103, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (415) 723-0608. The normal business hours are 9:00am - 6:00pm on Monday - Friday. You can find more information about the New York firm at tomalesbaycapital.com and its LinkedIn profile.