Oria Capital, LLC

Oria Capital is a state-registered investment adviser that offers discretionary portfolio management and ongoing investment supervision to U.S. clients, with its ADV identifying individuals and high‑net‑worth individuals as the primary client types. Services described in the brochure include preparing an Investment Policy Statement, strategic asset allocation, portfolio construction, and periodic portfolio reviews under a written Investment Advisory Contract.

The firm describes an active, value‑oriented approach seeking long‑term capital appreciation by investing in domestic and foreign securities, with particular emphasis on American Depositary Receipts and securities considered to trade below intrinsic or liquidation value, and by pursuing international diversification. Its disclosed playbook includes the use of short selling and leverage, active trading with potentially high turnover, and a performance‑based compensation arrangement that is calculated frequently and deducted from client accounts — a structure the brochure notes can create incentive conflicts it intends to manage through adherence to the IPS and fiduciary duties.

Several features are notable for a small, state‑registered adviser: the brochure states Oria Capital has not yet commenced operations and currently reports no assets under management, yet it has established a performance fee model with a high‑water mark and loss carryforward and plans to deduct fees directly from client accounts subject to regulatory safeguards. The ADV also discloses acceptance of soft‑dollar research benefits, the resulting constructive custody considerations when fees are deducted, and a disclosed FINRA arbitration involving the firm’s principal, items prospective clients may want to review in the full brochure.