15 Equity

15 Equity, LLC is a registered investment adviser based in Santa Barbara, CA, established in 2020 to focus on legacy equity and fixed income strategies. The firm offers asset management services to individuals, trusts, estates, private foundations, high-net-worth individuals, and business owners. Clients can participate in the Private Client Program on a discretionary or non-discretionary basis, with a minimum investment generally set at $1,000,000. The firm's investment strategies include Focused Equity, a portfolio of approximately 15 stocks, and Custom Fixed Income portfolios tailored to client needs. 15 Equity utilizes fundamental analysis and asset allocation in formulating investment advice. The firm may provide portfolio management services through an automated investment platform. Fees for the Private Client Program are based on a percentage of assets under management, up to 2.00%, with the ability to negotiate fees. The firm receives support services from Schwab, its custodian and broker/dealer, and compensates solicitors for client referrals. Clients' assets are held at Schwab, and the firm has custody over accounts managed. The firm may vote client securities based on proxy voting service recommendations. Clients are reviewed at least annually, and account statements are provided quarterly. The firm has not had any disciplinary events and is not subject to financial reporting requirements.