What Cap Six does

Cap Six is a Houston, Texas-based SEC-registered investment adviser that delivers six actively managed U.S. equity strategies through separately managed accounts (SMAs). The firm develops and operates its proprietary KAIA platform, an integrated investment engine spanning strategy design, fundamental and quantitative research, stock selection, portfolio construction, risk management, and tax optimization. Cap Six was founded by Coble Jorgensen (a self-taught data scientist who led platform development), Jeff Jorgensen (former CIO at Brookfield), and Rachel Gilbert (COO); the firm is majority women-owned and registered federally with the SEC after surpassing $100M in AUM. Target clients include financial advisors, institutional allocators, family offices, and high-net-worth individuals, served through direct relationships and intermediary partnerships.

The firm offers U.S. Large Cap Growth, U.S. Market Income, U.S. Market Quality, U.S. Mid Cap, Texas, and Enfra Income strategies, all delivered via SMAs. KAIA is built on SQL, Python, Azure Synapse, and Power BI, with 200,000+ lines of production code processing billions of rows of market, fundamental, and alternative data nightly across more than 500 securities. AI/ML workflows are embedded throughout the investment process, including idea generation, automated research, recommendation engines, anomaly detection, and portfolio optimization, and the firm is GIPS-compliant.

The business model is a traditional AUM-based advisory fee model on SMA assets, distributed through direct sales, platform relationships (Fidelity, Schwab, Envestnet), and third-party distribution partners (Vision 4 Fund Distributors and Innovation Partners). Recent strategic activity has emphasized institutional credibility (SEC registration, GIPS compliance), distribution scale (platform approvals and the Innovation Partners deal in June 2026), and senior leadership additions (EVP Portfolio Analytics Dana Erikson in October 2025 and Strategic Advisor Eric Javidi in June 2026) to support continued AUM growth.

Name

Cap Six

Legal name

Cap Six Advisors, LLC

Website

https://cap-six.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

Cap Six is a Houston-based SEC-registered investment adviser offering six actively managed U.S. equity strategies through separately managed accounts, powered by its proprietary KAIA platform, serving financial advisors, institutional allocators, family offices, and high-net-worth individuals.

Ownership category

akta.pro rank

Product category

Active Equity Management

NAICS

Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394)

SIC

Investment Advice (6282)

akta.pro primary industry

Institutional Separate Accounts & SMAs (Mandates) (FSAAAGAL)

akta.pro secondary industries

Large-Cap Equity (Active) (FSAAAIAA), Mid-Cap Equity (Active) (FSAAAIAB), Financial Planning–Led RIAs (FSAAACAB)

Keywords

• Actively managed equities
• Separately managed accounts
• Investment management services
• Portfolio construction technology
• Tax-loss harvesting

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Separately Managed Account (SMA) Advisory Fees: Cap Six generates revenue through investment advisory fees charged on assets under management in separately managed accounts. The firm delivers actively managed equity portfolios through SMAs to investors, advisors, and allocators.

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

Cap Six is an SEC-registered investment adviser that designs, manages, and distributes a suite of actively managed U.S. equity investment strategies delivered through Separately Managed Accounts (SMAs) to financial advisors, institutional investors, family offices, and high-net-worth individuals. The firm's core offering centers on six equity strategies (U.S. Large Cap Growth, U.S. Market Income, U.S. Market Quality, U.S. Mid Cap, Texas, and Enfra Income), constructed and managed with the firm's proprietary KAIA technology platform.

Product overview

Cap Six offers a unified investment platform centered on its proprietary KAIA (Knowledge, Advanced Intelligence, and Asset Management) engine, which integrates strategy design, research, stock selection, portfolio construction, risk management, and tax optimization. Built on this core platform are six actively managed U.S. equity strategies delivered through separately managed accounts (SMAs): U.S. Large Cap Growth (benchmark: NASDAQ 100), U.S. Market Income (benchmark: Dow Jones U.S. Dividend 100), U.S. Market Quality (benchmark: Pacer US Cash Cows 100), U.S. Mid Cap (benchmark: S&P MidCap 400), Texas (focused on Texas nexus companies), and Enfra Income (energy midstream, benchmark: Alerian Midstream Energy Select). All strategies are built on the unified KAIA platform, incorporating index alignment, high-conviction stock selection, evidence-based risk controls, and ongoing tax management.

Differentiator

Problem solved

Functional benefit

Brands

• KAIA: Proprietary unified investment engine platform integrating strategy design, research, stock selection, portfolio construction, risk management, and tax optimization

Products and services

• U.S. Large Cap Growth Strategy Actively managed U.S. large-cap growth equity strategy delivered via SMAs to financial advisors, institutional investors, and family offices.
• U.S. Market Income Strategy Actively managed U.S. equity income strategy targeting dividend-paying equities, delivered via Separately Managed Accounts with integrated tax-loss harvesting.
• U.S. Market Quality Strategy Actively managed U.S. equity strategy emphasizing high-quality companies, delivered via Separately Managed Accounts.
• U.S. Mid Cap Strategy Actively managed U.S. mid-cap equity strategy delivered via Separately Managed Accounts to advisors, institutions, and family offices.
• Texas Strategy Texas-focused equity strategy delivered via Separately Managed Accounts, reflecting the firm's Houston-based roots.
• Enfra Income Strategy Income-oriented Enfra equity strategy delivered via Separately Managed Accounts as part of Cap Six's six-strategy active equity suite.

Quantifiable outcome

• GIPS® compliance achieved across all composites demonstrating performance measurement rigor
• +2 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability7 records

Feature6 records

Partnerships

Three partnerships are on record, tiered key and core.

• Innovation PartnerskeyChannel Partner/ Reseller/ Distributor · 1 June 2026Strategic distribution partnership supporting Cap Six's expansion through advancement of institutional relationships, distribution capabilities, and strategic partnerships as part of the firm's growth strategy.
• P3 AdaptivecoreTechnology or IntegrationCollaborated with the P3 Adaptive team to scale foundational investment platform ideas and develop the proprietary KAIA system. P3 Adaptive helped transform core investment concepts into the production platform now in place.
• Vision 4 Fund DistributorskeyChannel Partner/ Reseller/ DistributorStrategic distribution partnership leveraging Vision 4 Fund Distributors' national distribution footprint and intermediary wealth management channel relationships to amplify Cap Six's brand reach.

Scale indicators11 records

Recent moves6 records

Expansion highlights7 records

Broad incumbents

• Goldman Sachs Asset Management: Goldman Sachs Asset Management offers personalized and active SMA strategies (including via Marcus and the Ayco platform) for HNW and institutional clients. It is a broad incumbent in the active-equity-SMA space with materially larger scale and distribution.
• Schwab Managed Portfolios: Schwab's managed-account platform offers model portfolios and SMAs distributed to RIAs and advisors on Schwab's custodial platform. It is one of the three wealth platforms where Cap Six is approved and represents both a channel and a broad-incumbent competitor.
• Vanguard Personalized Indexing: Vanguard offers personalized indexing and tax-managed SMA capabilities alongside its dominant index fund franchise. It is a broad incumbent competing in the same tax-aware active SMA category but with vastly greater scale, distribution, and pricing power.

Direct peers

• Orion Portfolio Solutions: Orion's Portfolio Solutions unit delivers UMA/SMA technology and customized portfolios to advisors, combining proprietary tech with tax management — a model very similar to Cap Six's KAIA-enabled, tech-driven SMA platform.
• Aperio Group (BlackRock): Aperio, owned by BlackRock, specializes in customized index portfolios and direct-indexing SMAs for HNW and institutional clients. Its technology-driven customization and tax-optimization focus are directly comparable to Cap Six's KAIA-enabled SMA offerings.
• Dimensional Fund Advisors: Dimensional is a pioneer in evidence-based, factor-driven active equity management delivered through advisor and institutional channels. Its systematic, benchmark-aware philosophy and SMA offerings closely mirror Cap Six's framework of disciplined, data-driven active management.
• Parametric Portfolio Associates: Parametric is a leading direct-indexing and custom SMA manager (now part of Morgan Stanley Investment Management) offering tax-managed equity portfolios to advisors and institutions. It is the most direct analog to Cap Six's integrated tax-aware active SMA model and operates at vastly greater scale.
• Acadian Asset Management: Acadian is a quantitative active equity manager delivering systematic global and U.S. equity strategies to institutional and intermediary clients. Its data-driven, model-based approach parallels Cap Six's reliance on quantitative pipelines and proprietary construction algorithms.

Emerging players

• Main Street Advisors: Main Street Advisors is a boutique investment manager offering customized active equity SMA portfolios to advisors and HNW investors. It is an emerging peer with a similar advisor-channel focus but without Cap Six's proprietary platform scale.
• Equity Armor Investments: Equity Armor is a smaller, tech-forward RIA specializing in tax-efficient equity overlay and SMA strategies for advisors and HNW clients. As an emerging player, it competes in the same tax-aware active SMA niche as Cap Six but at a more limited scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/cap-six

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cap Six