{ "crd_number": 160782, "slug": "mig-capital-llc-newport-beach-ca-160782", "primary_business_name": "MIG CAPITAL, LLC", "legal_name": "MIG CAPITAL, LLC", "dbas": [ "MIG CAPITAL ADVISORS, LLC (RELYING ADVISER)" ], "city": "Newport Beach", "state": "CA", "country": "United States", "cbsa_code": "31080", "metro": { "cbsa_code": "31080", "common_name": "Los Angeles", "msa_name": "Los Angeles-Long Beach-Anaheim, CA", "path": "/advisors/ca/los-angeles" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2012-03-10", "years_registered": 14, "period": "2026-10-01", "filing_date": "2026-03-12", "carried_forward": false, "raum_total": 589549983.0, "raum_discretionary": 589549983.0, "raum_non_discretionary": 0.0, "raum_band": "500m_1b", "raum_band_label": "$500 million to $1 billion", "total_employees": 3, "advisory_employees": 1, "client_count_bucket": null, "clients_by_type": { "pooled_investment_vehicles": { "raum": 589549983.0, "count": 3 } }, "compensation_types": [ "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "CA" ], "websites": [ "https://migcap.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/160782", "city_as_filed": "NEWPORT BEACH", "url": "https://advisorcensus.com/firm/mig-capital-llc-newport-beach-ca-160782", "display_name": "MIG Capital, LLC", "summary": "MIG Capital, LLC is an SEC-registered investment advisory firm in Newport Beach, CA, registered since 2012, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 12, 2026.", "citation": "AdvisorCensus. MIG Capital, LLC (CRD 160782): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Performance-based fees" ], "advisory_activity_labels": [ "Portfolio management for pooled investment vehicles (other than investment companies)" ], "quick_answers": [ { "q": "How is MIG Capital, LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), MIG Capital, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure." }, { "q": "Where is MIG Capital, LLC located?", "a": "MIG Capital, LLC's principal office is in Newport Beach, CA, according to its Form ADV." }, { "q": "Is MIG Capital, LLC registered with the SEC or a state?", "a": "MIG Capital, LLC is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 160782." }, { "q": "How much does MIG Capital, LLC manage?", "a": "MIG Capital, LLC reports $589,549,983 in regulatory assets under management in its Form ADV filing dated March 12, 2026 (100% discretionary)." }, { "q": "How have MIG Capital, LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for MIG Capital, LLC: Regulatory assets under management: $1,661,012,644 in the October 2021 data and $589,549,983 in the October 2026 data, down 65%. Total employees: 14 in October 2021 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does MIG Capital, LLC serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (3)." }, { "q": "Does MIG Capital, LLC 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/160782" }, { "q": "What changed in MIG Capital, LLC's recent Form ADV filings?", "a": "In the April 2026 filing data: Updated its list of owners and control persons (Schedule A)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 1661012644.0, "total_employees": 14, "filing_date": "2021-03-30" }, { "period": "2022-10-01", "regulatory_assets_under_management": 1380451664.0, "total_employees": 12, "filing_date": "2022-05-17" }, { "period": "2023-10-01", "regulatory_assets_under_management": 859643705.0, "total_employees": 8, "filing_date": "2023-03-20" }, { "period": "2024-10-01", "regulatory_assets_under_management": 1185175375.0, "total_employees": 6, "filing_date": "2024-03-19" }, { "period": "2025-10-01", "regulatory_assets_under_management": 1048708835.0, "total_employees": 6, "filing_date": "2025-03-21" }, { "period": "2026-10-01", "regulatory_assets_under_management": 589549983.0, "total_employees": 3, "filing_date": "2026-03-12" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Updated its list of owners and control persons (Schedule A)." ] }, { "period": "2026-03-01", "period_label": "March 2026", "notes": [ "Employees performing advisory functions went from 4 to 1.", "Regulatory assets under management went from $1,048,708,835 to $589,549,983 (-44%)." ] } ], "fees_from_brochure": null, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/mig-capital-llc-newport-beach-ca-160782.md", "clients": [ { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 3, "fewer_than_5": false, "raum": 589549983.0 } ], "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/160782", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }