{
  "crd_number": 292396,
  "slug": "malvern-capital-management-malvern-pa-292396",
  "primary_business_name": "MALVERN CAPITAL MANAGEMENT",
  "legal_name": "MALVERN CAPITAL MANAGEMENT, LLC",
  "dbas": [],
  "city": "Malvern",
  "state": "PA",
  "country": "United States",
  "cbsa_code": "37980",
  "metro": {
    "cbsa_code": "37980",
    "common_name": "Philadelphia",
    "msa_name": "Philadelphia-Camden-Wilmington, PA-NJ-DE-MD",
    "path": "/advisors/pa/philadelphia"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2024-08-30",
  "years_registered": 2,
  "period": "2026-10-01",
  "filing_date": "2026-02-19",
  "carried_forward": false,
  "raum_total": 258119057.0,
  "raum_discretionary": 258119057.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 5,
  "advisory_employees": 4,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 0.0,
      "count": 0
    },
    "charitable": {
      "raum": 8887214.0,
      "count": 3,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 24806035.0,
      "count": 64
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": 0
    },
    "state_municipal": {
      "raum": 0.0,
      "count": 0
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": 0
    },
    "investment_companies": {
      "raum": 0.0,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": 29721142.0,
      "count": 3,
      "fewer_than_5": true
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 191753619.0,
      "count": 62
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": 2951047.0,
      "count": 1
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "FL",
    "NJ",
    "PA",
    "TX"
  ],
  "websites": [
    "https://linkedin.com/company/malvern-capital-management",
    "https://malverncap.com",
    "https://malvernwealth.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/292396",
  "city_as_filed": "MALVERN",
  "url": "https://advisorcensus.com/firm/malvern-capital-management-malvern-pa-292396",
  "display_name": "Malvern Capital Management",
  "summary": "Malvern Capital Management is an SEC-registered investment advisory firm in Malvern, PA, registered since 2024, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated February 19, 2026.",
  "citation": "AdvisorCensus. Malvern Capital Management (CRD 292396): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Pension consulting services",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Malvern Capital Management compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Malvern Capital Management reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Malvern Capital Management charge?",
      "a": "Its Form ADV Part 2A brochure dated February 19, 2026 states: Hourly rate: $500 an hour (Financial Consulting Services); Flat fee: $1,000 to $100,000 (Financial Consulting Services). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Malvern Capital Management located?",
      "a": "Malvern Capital Management's principal office is in Malvern, PA, according to its Form ADV."
    },
    {
      "q": "Is Malvern Capital Management registered with the SEC or a state?",
      "a": "Malvern Capital Management is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 292396."
    },
    {
      "q": "How much does Malvern Capital Management manage?",
      "a": "Malvern Capital Management reports $258,119,057 in regulatory assets under management in its Form ADV filing dated February 19, 2026 (100% discretionary)."
    },
    {
      "q": "How have Malvern Capital Management's assets and staff changed since 2024?",
      "a": "In the Form ADV data for Malvern Capital Management: Regulatory assets under management: $223,400,987 in the October 2024 data and $258,119,057 in the October 2026 data, up 16%. Total employees: 4 in October 2024 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Malvern Capital Management serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (64); high net worth individuals (62); pension and profit sharing plans (but not the plan participants or government pension plans) (3)."
    },
    {
      "q": "Which custodians does Malvern Capital Management use?",
      "a": "Malvern Capital Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Hand Benefit & Trust Company and National Financial Services LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Malvern Capital Management report any disciplinary disclosures?",
      "a": "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/292396"
    },
    {
      "q": "Does Malvern Capital Management state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated February 19, 2026 says: \"MCM requires a minimum of $500,000 to open and maintain an account. In certain instances, the minimum account size may be lowered or waived.\""
    },
    {
      "q": "What changed in Malvern Capital Management's recent Form ADV filings?",
      "a": "In the March 2026 filing data: Regulatory assets under management went from $225,376,716 to $258,119,057 (+15%)."
    }
  ],
  "filing_history": [
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 223400987.0,
      "total_employees": 4,
      "filing_date": "2024-09-11"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 225376716.0,
      "total_employees": 5,
      "filing_date": "2025-02-06"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 258119057.0,
      "total_employees": 5,
      "filing_date": "2026-02-19"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Regulatory assets under management went from $225,376,716 to $258,119,057 (+15%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated February 19, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$500,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Hourly rate: $500 an hour (Financial Consulting Services)",
      "Flat fee: $1,000 to $100,000 (Financial Consulting Services)"
    ],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $500,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "MCM requires a minimum of $500,000 to open and maintain an account. In certain instances, the minimum account size may be lowered or waived."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $500 an hour (Financial Consulting Services)"
        ],
        "quotes": [
          "MCM is compensated for our Financial Consulting Services by receiving fees from clients based on an hourly rate of $500 or a single fixed fee that typically can range from $1,000 to $100,000."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $1,000 to $100,000 (Financial Consulting Services)"
        ],
        "quotes": [
          "MCM is compensated for our Financial Consulting Services by receiving fees from clients based on an hourly rate of $500 or a single fixed fee that typically can range from $1,000 to $100,000."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 500000.0,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "hourly",
          "amount": 500.0,
          "min": null,
          "max": null,
          "period": "hour",
          "service": "Financial Consulting Services"
        },
        {
          "kind": "flat",
          "amount": null,
          "min": 1000.0,
          "max": 100000.0,
          "period": "one_time",
          "service": "Financial Consulting Services"
        }
      ]
    },
    "quotes": [
      "MCM requires a minimum of $500,000 to open and maintain an account. In certain instances, the minimum account size may be lowered or waived.",
      "MCM is compensated for our Financial Consulting Services by receiving fees from clients based on an hourly rate of $500 or a single fixed fee that typically can range from $1,000 to $100,000.",
      "MCM is compensated for our Financial Consulting Services by receiving fees from clients based on an hourly rate of $500 or a single fixed fee that typically can range from $1,000 to $100,000."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Hand Benefit & Trust Company",
      "name_as_filed": "HAND BENEFIT & TRUST COMPANY",
      "affiliated": false
    },
    {
      "name": "National Financial Services LLC",
      "name_as_filed": "NATIONAL FINANCIAL SERVICES LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/malvern-capital-management-malvern-pa-292396.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 64,
      "fewer_than_5": false,
      "raum": 24806035.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 62,
      "fewer_than_5": false,
      "raum": 191753619.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 3,
      "fewer_than_5": true,
      "raum": 29721142.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 3,
      "fewer_than_5": true,
      "raum": 8887214.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 1,
      "fewer_than_5": false,
      "raum": 2951047.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/292396",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}