Efficient Capital Management Llc
- Regulatory AUM
- $1.2B
- Discretionary
- $1.2B
- Clients
- 13
- Avg AUM / client
- $89.0M
- Accounts
- 13
- Employees
- 29
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Mar 06, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Investment companies | 1 | $179M | 15.5% |
| Pooled investment vehicles (non-investment companies) | 12 | $977M | 84.5% |
Private funds (1)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $49.1M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Efficient U.S. Funds, Llc Gemstone Enhanced Multi Asset Series | Hedge Fund | Delaware | $49.1M | 0 |
People (10)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Jaffarian, Ernest, Lee | Chief Executive Officer, Co Chief Investment Officer | Jul 1999 (27y) | ≈ 0% – 2.5% via Jaffarian Management Company Llc | |
| Molyboga, Marat | Chief Risk Officer | Aug 2001 (25y) | Less than 5% | |
| Martinson, Chad, Richard | Co Chief Investment Officer | Mar 2002 (24y) | Less than 5% | |
| Allen, Donna, Marie | Chief Compliance Officer | Jul 2005 (21y) | Less than 5% | |
| Jaffarian, Trula, Madsen | Member | Jan 2006 (21y) | ≈ 0% – 2.5% via Jaffarian Management Company Llc | |
| Bradshaw, Curtis, W | Managing Director | Jun 2016 (10y) | Less than 5% | |
| Buckingham, Milton, Kellogg | General Counsel | Jan 2018 (9y) | Less than 5% | |
| Meksi, Lorent | Managing Director, Portfolio Strategy | Oct 2021 (5y) | Less than 5% | |
| Levin, Scott, Benjamin | Chief Financial Officer | Oct 2023 (3y) | Less than 5% | |
| Mathew, Vinod, Kuruvilla | Director, Fund Administration | Oct 2023 (3y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Efficient Capital Holdings, Llc | Member | Jan 2006 | A | 75% or more |
| Jaffarian Management Company Llc | Manager | Jan 2006 | A | Less than 5% |
| Jaffarian Management Company Llc | Manager | Jan 2006 | B | 50% – 75% of Efficient Capital Holdings Llc (indirect) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Jaffarian, Ernest, Lee: 25% – 50% of Jaffarian Management Company Llc × 0% – 5% direct ≈ 0% – 2.5% of the firm
- Jaffarian, Trula, Madsen: 25% – 50% of Jaffarian Management Company Llc × 0% – 5% direct ≈ 0% – 2.5% of the firm
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, $49.1M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Efficient U.S. Funds, Llc Gemstone Enhanced Multi Asset Series | Hedge Fund | $49.1M | $1.0M | 0 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/06/2026 | 1.2 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
- • Other fees
- • ADVISORY FEES SHARED WITH CERTAIN ADVISORS.
Services
- • Portfolio management for investment companies
- • Portfolio management for pooled investment vehicles
Custody
Firm reports having custody of client funds or securities (Item 9.A).
No custodian data reported or mined yet.
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 06, 2026.
View current Form ADV (SEC/IAPD) ↗