# Emeth Value Capital, LLC

> Emeth Value Capital, LLC is an SEC-registered investment advisory firm in New Orleans, LA, registered since 2024, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated August 26, 2026.

- CRD: 310696
- Filed as: EMETH VALUE CAPITAL, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New Orleans, LA
- Filing period: October 2026
- Form ADV filing dated: August 26, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/310696
- AdvisorCensus page: https://advisorcensus.com/firm/emeth-value-capital-llc-new-orleans-la-310696

## Quick answers

**How is Emeth Value Capital, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Emeth Value Capital, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**Where is Emeth Value Capital, LLC located?**
Emeth Value Capital, LLC's principal office is in New Orleans, LA, according to its Form ADV.

**Is Emeth Value Capital, LLC registered with the SEC or a state?**
Emeth Value Capital, LLC is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 310696.

**How much does Emeth Value Capital, LLC manage?**
Emeth Value Capital, LLC reports $57,392,814 in regulatory assets under management in its Form ADV filing dated August 26, 2026 (100% discretionary).

**How have Emeth Value Capital, LLC's assets and staff changed since 2025?**
In the Form ADV data for Emeth Value Capital, LLC: Regulatory assets under management: $148,290,976 in the October 2025 data and $57,392,814 in the October 2026 data, down 61%. Total employees: 1 in October 2025 and 1 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Emeth Value Capital, LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (20); individuals (other than high net worth individuals) (14); pooled investment vehicles (other than investment companies and business development companies) (2).

**Which custodians does Emeth Value Capital, LLC use?**
Emeth Value Capital, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Interactive Brokers LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Emeth Value Capital, LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/310696

**Does Emeth Value Capital, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated February 5, 2026 says: "We require a minimum account balance of $10,000. However, at our sole discretion, we may waive or lower our base fee based on various criteria (i.e., anticipated future additional assets to be managed, related accounts, account composition, negotiations with the client, etc.)."

**What changed in Emeth Value Capital, LLC's recent Form ADV filings?**
In the August 2026 filing data: Regulatory assets under management went from $193,731,787 to $57,392,814 (-70%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Fees and minimums (Form ADV Part 2A brochure dated February 5, 2026)

- Account minimum: $10,000

> We require a minimum account balance of $10,000. However, at our sole discretion, we may waive or lower our base fee based on various criteria (i.e., anticipated future additional assets to be managed, related accounts, account composition, negotiations with the client, etc.).

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Interactive Brokers LLC

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $57,392,814
- Discretionary: $57,392,814
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 14 | $2,750,242 |
| High net worth individuals | 20 | $33,951,211 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 2 | $20,110,582 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 1 | $580,779 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2024 (1 year)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: LA, TX, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- emethvaluecapital.com
- LinkedIn @andrew-carreon-cpa-cfa-0616686b

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2025 | $148,290,976 | 1 | February 13, 2025 |
| October 2026 | $57,392,814 | 1 | August 26, 2026 |

Regulatory assets under management: $148,290,976 in the October 2025 data and $57,392,814 in the October 2026 data, down 61%.
Total employees: 1 in October 2025 and 1 in October 2026.

## Changes in the filing (last 12 months)

### August 2026
- Regulatory assets under management went from $193,731,787 to $57,392,814 (-70%).

### March 2026
- Regulatory assets under management went from $148,290,976 to $193,731,787 (+31%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Emeth Value Capital, LLC (CRD 310696): Form ADV filing data as of October 2026.