New Capital Management, LLC
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client assets under management
$11,527,425
Clients
3
67% high-net worth
Advisors
1
of 2 employees
Firm type
Independent
1 advisor
Clients per advisor
3
Very LowAverage account size
$3,842,475
About
New Capital Management is a fee-only adviser that serves a single-family office, focusing on discretionary portfolio management for the family’s IRAs, inherited IRAs and taxable accounts; the firm does not provide financial planning services. Its client base is deliberately small and concentrated, consisting of only a few accounts under management rather than a broad retail clientele.
The firm follows a bottom-up Growth-at-a-Reasonable-Price (GARP) approach with a core-and-satellite construction, maintaining a fully invested posture, avoiding market timing and derivatives, and favoring long-term holding periods (generally three to five years). Portfolio decisions emphasize large- and mid-cap core holdings supplemented by smid and emerging-market exposure through mutual funds and ETFs, and risk is managed through documented hard and soft sell rules and regular portfolio reviews with quarterly reporting.
What distinguishes the firm from many peers is its single-family-office specialization and very small scale—one adviser managing a limited number of family accounts—rather than serving a broad set of individual HNW clients. It also discloses a straightforward, flat fee-only compensation model without performance fees, routinely recommends custodians (primarily Schwab, with a small number of accounts at Merrill Lynch), and will accommodate client-imposed restrictions such as ESG exclusions.
Client services
Expertise
Fee options
$0 - $5,000,000: 1.25% $5,000,000 - $10,000,000: 0.80%
Account minimum: $1,000,000 Minimum fee: $1,250.00 minimum annual fee Fee-only: Flat fee of 1.25% of assets for the first $5,000,000 and 0.80% for the next $5,000,000
Main office location
New Capital Management, LLC
Oak Park IL, United States
Number of offices
1
Most active in
Illinois
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
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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