AdvisorCensus / Financial advisors / Massachusetts / Boston / Middle Street Capital, LLC
Middle Street Capital, LLC is an SEC-registered investment advisory firm in Newfields, NH, registered since 2026, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated May 1, 2026.
Quick answers
From the filingHow is Middle Street Capital, LLC compensated?
On its Form ADV (Item 5.E, October 2026), Middle Street Capital, LLC reports these compensation arrangements: a percentage of assets under its management.
What does Middle Street Capital, LLC's brochure say about its fees?
Its Form ADV Part 2A brochure dated May 1, 2026 states: Up to $2,000,000: 0.5% a year; $2,000,001 to $10,000,000: 0.25% a year; Above $10,000,001: 0.125% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Middle Street Capital, LLC located?
Middle Street Capital, LLC's principal office is in Newfields, NH, according to its Form ADV.
Is Middle Street Capital, LLC registered with the SEC or a state?
Middle Street Capital, LLC is an SEC-registered investment advisory firm, registered since 2026. Status as filed: Approved. CRD 226513.
How much does Middle Street Capital, LLC manage?
Middle Street Capital, LLC reports $132,117,391 in regulatory assets under management in its Form ADV filing dated May 1, 2026 (99% discretionary).
What types of clients does Middle Street Capital, LLC serve?
By number of clients on Form ADV Item 5.D: high net worth individuals (41); individuals (other than high net worth individuals) (38); charitable organizations (1).
Which custodians does Middle Street Capital, LLC use?
Middle Street Capital, LLC'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 Middle Street 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/226513
Does Middle Street Capital, LLC state an account minimum?
Its Form ADV Part 2A brochure dated May 1, 2026 says: "There is an account minimum of $25,000 or at least one other account in the household that is above the $25K minimum, which may be waived by MSCL in its discretion."
What changed in Middle Street Capital, LLC's recent Form ADV filings?
In the July 2026 filing data: Newly registered with the SEC.
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2A| Assets | Annual rate |
|---|---|
| Up to $2,000,000 | 0.5% |
| $2,000,001 to $10,000,000 | 0.25% |
| Above $10,000,001 | 0.125% |
The brochure's wording
Total Assets Under Management Annual Fee $0 – $2,000,000 0.50% $2,000,001 – $10,000,000 0.25% $10,000,001 and Up 0.125%
These fees are generally negotiable and the final fee schedule is attached as Exhibit II of the Investment Advisory Contract;
Account minimum: $25,000 (the brochure says it may be waived or negotiated)
The brochure's wording
There is an account minimum of $25,000 or at least one other account in the household that is above the $25K minimum, which may be waived by MSCL in its discretion.
As stated in the firm's Form ADV Part 2A brochure dated May 1, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$132,117,391 as of October 2026, filing dated May 1, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Financial planning services
- Portfolio management for individuals and/or small businesses
Registration and firm details
Items 1, 2, 5- Also doing business as
- PENSIONONE
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2026 (0 years)
- Employees
- Total: 1. Performing investment advisory functions: 1.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
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.
- States registered or notice-filed
-
4 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Changes in the filing
Last 12 months- July 2026
- Newly registered with the SEC.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Middle Street Capital, LLC (CRD 226513): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/middle-street-capital-llc-newfields-nh-226513