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Trieste Capital LLC
Updated today
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client assets under management
$14,642,617
Clients
5
100% high-net worth
Advisors
1
of 1 employees
Firm type
Independent
1 advisor
Fewer clients per advisor generally means more personalized, proactive service. Higher ratios may reflect streamlined models or lower minimums.
Clients per advisor
5
Very LowAverage account size
$2,928,523
About
Trieste Capital provides discretionary portfolio management to high‑net‑worth individuals and a small group of institutional clients, including corporations, pension and profit‑sharing plans, and foundations. The firm operates as a solo advisory practice and generally charges asset‑based fees, with a stated account minimum that screens for larger clients rather than retail investors.
The firm pursues a fundamental, valuation‑driven approach across U.S. and non‑U.S. equities and equity‑related instruments, using proprietary screening and thematic research to identify undervalued opportunities. Trieste may employ derivatives, leverage and hedging tools — including options (both covered and uncovered), swaps, forwards and margin — in separately managed accounts, a practice that is uncommon among independent advisers.
Trieste manages all client assets in‑house without using third‑party subadvisers and does not follow preset asset‑allocation or diversification rules, which can lead to concentrated exposures. The firm also discloses potential referral compensation arrangements with a broker‑dealer and the possibility of using performance‑based incentive fees for qualified clients, features that may create conflicts and distinguish its governance and compensation practices from many peers.
Client services
Portfolio management
Expertise
Active portfolio management
Concentrated stock management
Options & derivatives strategies
Fee options
1.0% per annum, charged quarterly in arrears
Potential future incentive fee of 20% per annum of net realized and unrealized appreciation for certain qualified clients
Account minimum: $1,000,000
Most active in
Trieste Capital LLC has reported serving >5 clients in these states in the last 12 months.
New York
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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