{
  "crd_number": 108529,
  "slug": "martin-capital-advisors-llp-san-antonio-tx-108529",
  "primary_business_name": "MARTIN CAPITAL ADVISORS, LLP",
  "legal_name": "MARTIN CAPITAL ADVISORS, LLP",
  "dbas": [],
  "city": "San Antonio",
  "state": "TX",
  "country": "United States",
  "cbsa_code": "41700",
  "metro": {
    "cbsa_code": "41700",
    "common_name": "San Antonio",
    "msa_name": "San Antonio-New Braunfels, TX",
    "path": "/advisors/tx/san-antonio"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2021-07-28",
  "years_registered": 5,
  "period": "2026-10-01",
  "filing_date": "2026-02-09",
  "carried_forward": false,
  "raum_total": 181876904.0,
  "raum_discretionary": 173374068.0,
  "raum_non_discretionary": 8502836.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 9,
  "advisory_employees": 8,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": 5157274.0,
      "count": 2
    },
    "individuals": {
      "raum": 7500928.0,
      "count": 26
    },
    "high_net_worth_individuals": {
      "raum": 169218702.0,
      "count": 56
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "TX",
    "VA"
  ],
  "websites": [
    "https://linkedin.com/company/martin-capital-advisors-llp",
    "https://martincapital.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/108529",
  "city_as_filed": "SAN ANTONIO",
  "url": "https://advisorcensus.com/firm/martin-capital-advisors-llp-san-antonio-tx-108529",
  "display_name": "Martin Capital Advisors, LLP",
  "summary": "Martin Capital Advisors, LLP is an SEC-registered investment advisory firm in San Antonio, TX, registered since 2021, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated February 9, 2026.",
  "citation": "AdvisorCensus. Martin Capital Advisors, LLP (CRD 108529): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "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"
  ],
  "quick_answers": [
    {
      "q": "How is Martin Capital Advisors, LLP compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Martin Capital Advisors, LLP reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "What does Martin Capital Advisors, LLP's brochure say about its fees?",
      "a": "Its Form ADV Part 2A brochure dated February 9, 2026 states: Up to $1,000,000: 1% a year; $1,000,000 to $5,000,000: 0.75% a year; Above $5,000,000: 0.5% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Martin Capital Advisors, LLP located?",
      "a": "Martin Capital Advisors, LLP's principal office is in San Antonio, TX, according to its Form ADV."
    },
    {
      "q": "Is Martin Capital Advisors, LLP registered with the SEC or a state?",
      "a": "Martin Capital Advisors, LLP is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 108529."
    },
    {
      "q": "How much does Martin Capital Advisors, LLP manage?",
      "a": "Martin Capital Advisors, LLP reports $181,876,904 in regulatory assets under management in its Form ADV filing dated February 9, 2026 (95% discretionary)."
    },
    {
      "q": "How have Martin Capital Advisors, LLP's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Martin Capital Advisors, LLP: Regulatory assets under management: $135,555,000 in the October 2021 data and $181,876,904 in the October 2026 data, up 34%. Total employees: 11 in October 2021 and 9 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Martin Capital Advisors, LLP serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (56); individuals (other than high net worth individuals) (26); charitable organizations (2)."
    },
    {
      "q": "Which custodians does Martin Capital Advisors, LLP use?",
      "a": "Martin Capital Advisors, LLP's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Martin Capital Advisors, LLP 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/108529"
    },
    {
      "q": "Does Martin Capital Advisors, LLP state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated February 9, 2026 says: \"The minimum account size for opening an account is $1,000,000; however, this minimum may be waived at the sole discretion of MCA.\""
    },
    {
      "q": "What changed in Martin Capital Advisors, LLP's recent Form ADV filings?",
      "a": "In the March 2026 filing data: Employees performing advisory functions went from 9 to 8."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 135555000.0,
      "total_employees": 11,
      "filing_date": "2021-06-25"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 170057739.0,
      "total_employees": 10,
      "filing_date": "2022-08-04"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 102899830.0,
      "total_employees": 8,
      "filing_date": "2023-02-08"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 124991402.0,
      "total_employees": 8,
      "filing_date": "2024-05-28"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 166554973.0,
      "total_employees": 10,
      "filing_date": "2025-07-17"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 181876904.0,
      "total_employees": 9,
      "filing_date": "2026-02-09"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Employees performing advisory functions went from 9 to 8."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Employees performing advisory functions went from 10 to 9."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated February 9, 2026",
    "tiers": [
      {
        "band": "Up to $1,000,000",
        "rate": "1%"
      },
      {
        "band": "$1,000,000 to $5,000,000",
        "rate": "0.75%"
      },
      {
        "band": "Above $5,000,000",
        "rate": "0.5%"
      }
    ],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$1,000,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Fee schedule",
        "statements": [
          "Up to $1,000,000: 1% a year",
          "$1,000,000 to $5,000,000: 0.75% a year",
          "Above $5,000,000: 0.5% a year"
        ],
        "quotes": [
          "On accounts up to $1,000,000 ..  1.00%       1.00%      1.00%",
          "On the next $4,000,000 ........  0.75%       0.75%      0.75%",
          "On additional amounts .........  0.50%       0.50%      0.50%"
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "The minimum account size for opening an account is $1,000,000; however, this minimum may be waived at the sole discretion of MCA."
        ]
      }
    ],
    "quotes": [
      "On accounts up to $1,000,000 ..  1.00%       1.00%      1.00%",
      "On the next $4,000,000 ........  0.75%       0.75%      0.75%",
      "On additional amounts .........  0.50%       0.50%      0.50%",
      "The minimum account size for opening an account is $1,000,000; however, this minimum may be waived at the sole discretion of MCA."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "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/martin-capital-advisors-llp-san-antonio-tx-108529.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 26,
      "fewer_than_5": false,
      "raum": 7500928.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 56,
      "fewer_than_5": false,
      "raum": 169218702.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 2,
      "fewer_than_5": false,
      "raum": 5157274.0
    }
  ],
  "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/108529",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}