Cove Street Capital, Llc
- Regulatory AUM
- $93.8M
- Discretionary
- $93.8M
- Clients
- 18
- Avg AUM / client
- $5.2M
- Accounts
- 18
- Employees
- 2
AUM over time
Annual snapshots from Form ADV filings · as of Mar 31, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 3 | $510K | 0.54% |
| High net worth individuals | 10 | $26.6M | 28.3% |
| Pooled investment vehicles (non-investment companies) | 1 | $13.5M | 14.3% |
| Corporations and other businesses | 4 | $53.3M | 56.8% |
Private funds (1)
Reported in Form ADV Section 7.B.(1), filing of Oct 2024 · $8.6M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Csc Partners Fund Lp | Hedge Fund | Delaware | $8.6M | 18 |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| N. Atlantic States Carp. Pension Fund Bot Of The North Atlantic States Carpenters Pension Fund | 2024 | |
| N. Atlantic States Carp. Guaranteed Annuity Fund Bot Of The North Atlantic States Carpenters Guaranteed Annuity Fund | 2024 | |
| Smart & Final Pension Plan Smart & Final Pension Plan | Commerce, CA | 2024 |
| Pension Plan For Employees Of Phipps Houses And Affiliates Phipps Houses | 2024 |
People (2)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Jeffrey (Nmn) Bronchick | Principal, Portfolio Manager | CFA | Jun 2011 (15y) | 75% or more |
| Weber, Matthew, James | President, Cco | Oct 2024 (2y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Cove Street Employee, Llc | Member | Feb 2016 | A | 10% – 25% |
Undisclosed: 0% – 15% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (1, $8.6M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Csc Partners Fund Lp | Hedge Fund | $8.6M | $250K | 18 |
From Form ADV Section 7.B private fund reporting.
Retirement plans served (4)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| N. Atlantic States Carp. Pension Fund | Bot Of The North Atlantic States Carpenters Pension Fund | 16,341 | $5.1B | 01/01/2024 |
| N. Atlantic States Carp. Guaranteed Annuity Fund | Bot Of The North Atlantic States Carpenters Guaranteed Annuity Fund | 10,412 | $3.8B | 01/01/2024 |
| Smart & Final Pension Plan | Smart & Final Pension Plan | 820 | $169M | 01/01/2024 |
| Pension Plan For Employees Of Phipps Houses And Affiliates | Phipps Houses | 90 | $53.2M | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/31/2026 | 1.19 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- State Street $168M (46% of AUM) Oct 2024
- Merrill Lynch $102M (11% of AUM) Mar 2019
- U.S. Bank $97.4M (15% of AUM) Nov 2021
- J.P. Morgan $91.3M (15% of AUM) Dec 2022
- BNY Mellon $57.1M (14% of AUM) Mar 2023
- Mechanics Bank $53.3M (57% of AUM) Mar 2026
- First Republic Securities Company, Llc $47.1M (13% of AUM) Oct 2024
- Charles Schwab & Co. $27.1M (29% of AUM) Mar 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 31, 2026.
View current Form ADV (SEC/IAPD) ↗