{
  "crd_number": 166921,
  "slug": "model-capital-management-llc-waltham-ma-166921",
  "primary_business_name": "MODEL CAPITAL MANAGEMENT LLC",
  "legal_name": "MODEL CAPITAL MANAGEMENT LLC",
  "dbas": [],
  "city": "Waltham",
  "state": "MA",
  "country": "United States",
  "cbsa_code": "14460",
  "metro": {
    "cbsa_code": "14460",
    "common_name": "Boston",
    "msa_name": "Boston-Cambridge-Newton, MA-NH",
    "path": "/advisors/ma/boston"
  },
  "registration_type": "state",
  "registration_status": "APPROVED",
  "registration_date": "2022-08-12",
  "years_registered": 4,
  "period": "2026-10-01",
  "filing_date": "2025-09-29",
  "carried_forward": false,
  "raum_total": 47573068.0,
  "raum_discretionary": 46237825.0,
  "raum_non_discretionary": 1335243.0,
  "raum_band": "25m_100m",
  "raum_band_label": "$25 million to $100 million",
  "total_employees": 3,
  "advisory_employees": 2,
  "client_count_bucket": null,
  "clients_by_type": {
    "other_investment_advisers": {
      "raum": 47573068.0,
      "count": 11
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "MA"
  ],
  "websites": [
    "https://linkedin.com/company/model-capital-management-llc",
    "https://modelcapital.com",
    "https://twitter.com/modelcap",
    "https://youtube.com/@modelcapital4549"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/166921",
  "city_as_filed": "WALTHAM",
  "url": "https://advisorcensus.com/firm/model-capital-management-llc-waltham-ma-166921",
  "display_name": "Model Capital Management LLC",
  "summary": "Model Capital Management LLC is a state-registered investment advisory firm in Waltham, MA, registered since 2022, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated September 29, 2025.",
  "citation": "AdvisorCensus. Model Capital Management LLC (CRD 166921): Form ADV filing data as of October 2026.",
  "registration_type_label": "State-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Model Capital Management LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Model Capital Management LLC reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "Where is Model Capital Management LLC located?",
      "a": "Model Capital Management LLC's principal office is in Waltham, MA, according to its Form ADV."
    },
    {
      "q": "Is Model Capital Management LLC registered with the SEC or a state?",
      "a": "Model Capital Management LLC is a state-registered investment advisory firm, registered since 2022. Status as filed: APPROVED. CRD 166921."
    },
    {
      "q": "How much does Model Capital Management LLC manage?",
      "a": "Model Capital Management LLC reports $47,573,068 in regulatory assets under management in its Form ADV filing dated September 29, 2025 (97% discretionary)."
    },
    {
      "q": "How have Model Capital Management LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Model Capital Management LLC: Regulatory assets under management: $473,684,772 in the October 2021 data and $47,573,068 in the October 2026 data, down 90%. Total employees: 4 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 Model Capital Management LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: other investment advisers (11)."
    },
    {
      "q": "Does Model Capital Management 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 public record on IAPD: https://adviserinfo.sec.gov/firm/summary/166921"
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 473684772.0,
      "total_employees": 4,
      "filing_date": "2021-03-29"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 50583684.0,
      "total_employees": 2,
      "filing_date": "2022-08-10"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 47573068.0,
      "total_employees": 3,
      "filing_date": "2025-09-29"
    }
  ],
  "recent_changes": [],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/model-capital-management-llc-waltham-ma-166921.md",
  "clients": [
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 11,
      "fewer_than_5": false,
      "raum": 47573068.0
    }
  ],
  "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/166921",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}