# Martin Capital Advisors, LLP

> 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.

- CRD: 108529
- Filed as: MARTIN CAPITAL ADVISORS, LLP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: San Antonio, TX
- Filing period: October 2026
- Form ADV filing dated: February 9, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/108529
- AdvisorCensus page: https://advisorcensus.com/firm/martin-capital-advisors-llp-san-antonio-tx-108529

## Quick answers

**How is Martin Capital Advisors, LLP compensated?**
On its Form ADV (Item 5.E, October 2026), Martin Capital Advisors, LLP reports these compensation arrangements: a percentage of assets under its management.

**What does Martin Capital Advisors, LLP's brochure say about its fees?**
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.

**Where is Martin Capital Advisors, LLP located?**
Martin Capital Advisors, LLP's principal office is in San Antonio, TX, according to its Form ADV.

**Is Martin Capital Advisors, LLP registered with the SEC or a state?**
Martin Capital Advisors, LLP is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 108529.

**How much does Martin Capital Advisors, LLP manage?**
Martin Capital Advisors, LLP reports $181,876,904 in regulatory assets under management in its Form ADV filing dated February 9, 2026 (95% discretionary).

**How have Martin Capital Advisors, LLP's assets and staff changed since 2021?**
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.

**What types of clients does Martin Capital Advisors, LLP serve?**
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).

**Which custodians does Martin Capital Advisors, LLP use?**
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.

**Does Martin Capital Advisors, LLP 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/108529

**Does Martin Capital Advisors, LLP state an account minimum?**
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."

**What changed in Martin Capital Advisors, LLP's recent Form ADV filings?**
In the March 2026 filing data: Employees performing advisory functions went from 9 to 8.

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated February 9, 2026)

- 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

> 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%

- Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)

> The minimum account size for opening an account is $1,000,000; however, this minimum may be waived at the sole discretion of MCA.

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

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

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: $181,876,904
- Discretionary: $173,374,068
- Non-discretionary: $8,502,836

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 26 | $7,500,928 |
| High net worth individuals | 56 | $169,218,702 |
| Charitable organizations | 2 | $5,157,274 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2021 (5 years)
- Employees: 9 total, 8 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, TX, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- martincapital.com
- LinkedIn @martin-capital-advisors-llp

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $135,555,000 | 11 | June 25, 2021 |
| October 2022 | $170,057,739 | 10 | August 4, 2022 |
| October 2023 | $102,899,830 | 8 | February 8, 2023 |
| October 2024 | $124,991,402 | 8 | May 28, 2024 |
| October 2025 | $166,554,973 | 10 | July 17, 2025 |
| October 2026 | $181,876,904 | 9 | February 9, 2026 |

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.

## Changes in the filing (last 12 months)

### March 2026
- Employees performing advisory functions went from 9 to 8.

### December 2025
- Employees performing advisory functions went from 10 to 9.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Martin Capital Advisors, LLP (CRD 108529): Form ADV filing data as of October 2026.