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Sepio Capital, LP

Multifamily office listing in Salt Lake City, Utah, United States.

SEC-registered

Regulatory AUM: $5.6 billion
Employees: 31
Clients: 0
SEC CRD: 285645

Sepio Capital is a multi-family office and institutional investment advisory firm serving a select group of families and institutions.¹

Overview

Sepio Capital reports that its clients collectively align approximately $6 billion in assets with their goals. The firm describes itself as an independent fiduciary for institutional clients, emphasizing access, efficiency, and flexibility.¹²

History

Sepio says its advisors have served prominent families for four generations.³

Services

For families, Sepio builds bespoke portfolios across public and private markets, seeking risk-adjusted returns tailored to each client’s objectives. Its family advisory services include legacy, estate, and tax planning; cash-flow forecasting; bill pay; cash management; insurance consulting; charitable administration; real estate property management; and exit planning.³

Sepio serves institutions through portfolio allocation, outsourced chief investment officer services, mission-aligned investing, and manager research. Its Form ADV also identifies financial planning, individual and business portfolio management, investment company and pooled vehicle portfolio management, pension consulting, and selecting other advisers among its services.²⁴

What the firm offers

Investment management
Financial planning
Tax planning
Trust and fiduciary
Philanthropy
Administration and bill pay
Risk and insurance
Business owner services
Private and alternative investments

Approach

Sepio says its role-based portfolio framework evaluates the role each asset plays rather than relying on predetermined asset categories and percentages. The firm reports researching and diligencing hundreds of fund managers each year across public and private markets, asset classes, and sectors.²

Assets and Minimums

In its April 27, 2026 Form ADV filing, Sepio Capital, LP reported $5,641,210,181 in regulatory assets under management and 31 employees. The filing identifies the firm as an SEC-registered investment adviser with SEC file number 801-108889 and CRD number 285645.⁴

The firm’s Form ADV reports compensation through percentage-of-assets fees, fixed fees, and performance-based fees.⁴

By the numbers

Source: SEC Form ADV data (Part 1A, Items 5A, 5D, 5F) via SEC Information About Registered Investment Advisers files and IAPD, CRD 285645. As of September 1, 2026.

Regulatory assets under management
Year	Regulatory AUM	Discretionary	Non-discretionary
2018	$2.8 billion	$1.9 billion	$900 million
2019	$2.8 billion	$1.8 billion	$974 million
2020	$3.5 billion	$2.1 billion	$1.5 billion
2021	$4.4 billion	$2.7 billion	$1.7 billion
2022	$6.2 billion	$3.5 billion	$2.8 billion
2023	$5.1 billion	$2.7 billion	$2.3 billion
2025	$4.5 billion	$3.8 billion	$637 million
2026	$5.6 billion	$5.0 billion	$603 million

Source: SEC Form ADV data (Part 1A, Items 5A, 5D, 5F) via SEC Information About Registered Investment Advisers files and IAPD, CRD 285645. Regulatory AUM divided by the client count reported in Item 5D. Client types reported as fewer than 5 are not counted, so this is approximate. As of September 1, 2026.

Average AUM per client
Year	Average AUM per client
2018	$53 million
2019	$26 million
2020	$24 million
2021	$24 million
2022	$39 million
2023	$18 million
2025	$17 million
2026	$19 million

Source: SEC Form ADV data (Part 1A, Items 5A, 5D, 5F) via SEC Information About Registered Investment Advisers files and IAPD, CRD 285645. "<5" means the firm reported fewer than 5 clients of that type. As of September 1, 2026.

Clients by type
Client type	Clients (2026)
High net worth individuals	276
Investment companies	2
Pooled investment vehicles	10
Charities	7

Source: SEC Form ADV data (Part 1A, Items 5A, 5D, 5F) via SEC Information About Registered Investment Advisers files and IAPD, CRD 285645. As of September 1, 2026.

Employees reported on Form ADV
Year	Employees
2017	10
2018	16
2019	18
2020	22
2021	25
2022	30
2023	29
2025	27
2026	31

Ranks #2 of 4 SEC-registered firms in UT on MultifamilyOffices.com by regulatory AUM.

Source: SEC Form ADV data (Part 1A, Items 5A, 5D, 5F) via SEC Information About Registered Investment Advisers files and IAPD, CRD 285645. Ranking uses only firms profiled on MultifamilyOffices.com. As of September 1, 2026.

FAQs

What type of firm is Sepio Capital?

Sepio Capital describes itself as a multi-family office and institutional investment advisory firm serving selected families and institutions.¹

What services does Sepio provide to families?

Family services include bespoke portfolio construction, legacy, estate, and tax planning, cash-flow forecasting, bill pay, cash management, insurance consulting, charitable administration, real estate property management, and exit planning.³

What services does Sepio provide to institutions?

Institutional services include portfolio allocation, outsourced chief investment officer services, mission-aligned investing, manager research, pension consulting, and selecting other advisers.²⁴

LocationMultifamily offices in Utah
This directory page gives a reader a way to review multi-family office options in Utah when considering a firm serving families and institutions. It can help frame questions about investment management, financial planning, fiduciary work, and administration before comparing Sepio Capital's stated services with other providers.
Network siteCapitalGainsTax.com
CapitalGainsTax.com offers guides on capital gains tax and planning approaches that may matter to a family or business owner evaluating investment management and tax planning. The information can help readers prepare specific questions about taxable sales, concentrated holdings, trusts, charitable giving, and private or alternative investments.
Network siteFamilyOfficeDatabases.com
FamilyOfficeDatabases.com provides databases of family offices and investors for readers researching how different advisory firms serve wealthy families and institutions. It can help a business owner or family compare potential peers, identify investment relationships, and clarify which services may require separate specialists alongside Sepio Capital's offerings.
GuideMFO fee models compared
The MFO fee models page explains common ways multi-family offices charge for investment management, planning, administration, and related work. Reviewing those structures helps a prospective client ask how fees may apply across tax planning, bill pay, fiduciary services, risk advice, and private investments when assessing Sepio Capital or another firm.
Similar firmsCrewe Advisors
Rosehaven Family Office
Solidarity Wealth
Profiles of Crewe Advisors, Rosehaven Family Office, and Solidarity Wealth give readers additional firms to review alongside Sepio Capital. Comparing their stated client types, service menus, investment approaches, and administrative support can help a family or business owner identify questions about fit without assuming that any one provider serves the same needs.

Sources

Claim or correct this profile

This profile is a factual summary written in our own words from public sources. It is for information only. It is not an endorsement, rating, ranking or recommendation, and it is not investment advice. MultiFamilyOffices.com is not affiliated with the SEC or with this firm unless stated. Form ADV figures are self-reported by the firm.

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