N.A.S. Capital LLC
Updated today
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Total assets under management
$10,792,000
Total clients
5
60% high-net worth
Total advisors
1
of 1 employees
Firm size
Independent
1 advisor
Average clients per advisor
5
Average account size
$2,158,400
About
N.A.S. Capital LLC provides discretionary portfolio management through separately managed accounts for individuals, trusts, family offices, pension funds and other institutional clients. The firm operates as a solo practitioner and evaluates each prospective client to determine whether its single investment strategy is appropriate, while allowing clients to impose restrictions on certain securities or types of investments.
The firm’s investment approach centers on a single, opportunistic strategy focused on long‑term capital appreciation, using fundamental, quantitative, and technical analysis to identify undervalued stocks, bonds and other securities. Portfolios are intentionally concentrated—typically holding a limited number of positions—and the adviser actively reassesses holdings, maps out contingencies for different outcomes, and may hold cash as ballast against concentrated risks.
What is distinctive about the firm is its use of performance‑based compensation for qualifying clients, a practice that is uncommon among independent advisers, and the principal’s practice of investing a substantial portion of personal assets in the same core strategy, which the firm cites as alignment of interests. As a small, single‑advisor operation managing concentrated accounts, the firm limits customized mandates, monitors accounts to mitigate side‑by‑side conflicts, and relies on custodian reporting rather than preparing separate written account reports.
Client services
Portfolio management
Expertise
Active portfolio management
Fee options
1.5% annually (management fee for non-qualified clients)
Up to 15% of increase in trading profits over previous high-water mark for qualified clients
Account minimum: $1,000,000
Main office location
N.A.S. Capital LLC
155 Fleet Street
Portsmouth NH 03801, United States
Number of offices
1
Most active in
N.A.S. Capital LLC has reported serving >5 clients in these states in the last 12 months.
New Hampshire
Disclosures
Firm disclosures are reported in Form ADV Part 1A, Item 11. They include criminal charges, regulatory actions, civil proceedings, and professional disciplinary events involving the firm or its advisory affiliates.
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
These affiliations may expand the services this firm offers and, in some cases, how they are compensated.
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
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