Overview
A.Robasciotti and Associates, Inc. was established in July 2004 by Rachel J. Robasciotti. As of July 1, 2020, the
firm began doing business under the name Adasina Social Capital. The firm’s principal owners are Rachel
J. Robasciotti and Maya Philipson; its main office is located in San Francisco, California. Either of the
principal owners may be reached via the contact information found on the cover page of this brochure.
B.Adasina Social Capital offers services to two main types of clients; (i) institutions to whom we offer
institutional investment advisory services (including sub-advisor and model management services), and
(ii) individuals to whom we offer limited client investment management and financial consulting services.
See Item 7.
C.INSTITUTIONAL ADVISORY SERVICES
Sub-Advisory Services: Exchange Traded Fund (“ETF”)
Adasina Social Capital is the sponsor and investment sub-adviser to the Adasina Social Capital All Cap
Global ETF, an exchange traded fund that was created by Adasina in 2020 (the “ETF”). The ETF is registered
with the U.S. Securities and Exchange Commission pursuant to the Investment Company Act of 1940, as
amended.Investors are provided a copy of the ETF prospectus containing a complete disclosure of its
organization, investment strategy, management and fee structure at the time they invest.
The ETF is a global, all-cap portfolio that allows investors to align their portfolios with social justice values.
The fund uses community-sourced impact data to set the standards for how publicly traded companies
participate in gender, racial, economic, and climate justice.
Model Management Services:SeparatelyManaged Account (“SMA”)
Adasina Social Capital is the model manager ofSMA strategiesthat allow investors to align their portfolios
with social justice values.Adasina generally limits its investment portfolios to domestic and international
public equities and domestic fixed income securities. Adasina may use other securities as well to help
diversify a portfolio when applicable.
All SMA strategies offerednon-discretionary strategies via a second or third-party firm are memorialized in
a contracted agreement between the firms.
INDIVIDUAL CLIENT SERVICES
Individual Client Service - Investment Management
Based upon client circumstances, and in accordance with client financial objectives, risk tolerance, and
social justice values, we provide direct discretionary management of investment accounts, including:
●Education regarding investment instruments and strategies, investment strategy creation,
selection of sub-advisors;
●Investment values determination;
●Determination of appropriate asset
allocation; and
●Ongoing account management (clients may identify any investment restrictions to be placed on
their account(s).
Individual Client Service - Financial Consulting
Form ADV Part 2A January 20232
Consultations regarding financial topics provided on an hourly or flat fee basis, and can include, but
are not limited to:
●Cash flow;
●Risk assessment;
●Values aligned investment strategy creation; and
●Capital needs analysis (goal funding).
●Adasina Social Capital does not sponsor or act as the investment advisor to any “wrap fee”
program.
Individual Client Service - Fiduciary Status
When Adasina provides investment advice to clients regarding their investment accounts, including their
retirement plan account or individual retirement account, we are fiduciaries within the meaning of certain
state and federal laws such as the Employee Retirement Income Security Act (ERISA) and/or the Internal
Revenue Code and the regulations of the U.S. Securities and Exchange Commission (SEC), as applicable.
These regulations require us to act in the client’s best interest and not put our interests ahead of those of
the client. Under these provisions, we must:
●Meet a professional standard of care when making investment recommendations;
●Never put our financial interests ahead of clients when making recommendations;
●Avoid misleading statements about conflicts of interest, fees, and investments;
●Follow policies and procedures designed to ensure that we give advice that is in the best interest
of the client;
●Charge no more than is reasonable for our services; and
●Give clients basic information about conflicts of interest.
Adasina Social Capital relies upon the information received from its client or from the client’s other
professional advisors, and is not required to independently verify such information. Clients must promptly
notify us of any change in their financial situation or investment objectives that would necessitate a
review or revision by our advisors of the client’s portfolio or plan. Individual clients execute an Investment
Management Agreement and/or a Financial Consulting Agreement, with a separate fee arrangement
(discussed in Section 5). Financial consulting fees may be billed separately from investment management
fees.
D. Adasina Social Capital does not participate in any wrap fee programs.
E.As of December 31, 2022, we manage:
Assets Under Advisement:
●$1111,200,000 in sub-advised assets
●$15,700,000 model managed assets (non-discretionary)
Assets Under Management:
●$82,600,000 in discretionary client assets; and
Form ADV Part 2A January 20233
●$0 in non-discretionary client assets.