# MON Capital Management LLC

> MON Capital Management LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2024, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated April 15, 2026.

- CRD: 333785
- Filed as: MON CAPITAL MANAGEMENT LLC
- Also doing business as: SP CAPITAL MANAGEMENT
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: April 15, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/333785
- AdvisorCensus page: https://advisorcensus.com/firm/mon-capital-management-llc-new-york-ny-333785

## Quick answers

**How is MON Capital Management LLC compensated?**
On its Form ADV (Item 5.E, October 2026), MON Capital Management LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees). The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is MON Capital Management LLC located?**
MON Capital Management LLC's principal office is in New York, NY, according to its Form ADV.

**Is MON Capital Management LLC registered with the SEC or a state?**
MON Capital Management LLC is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 333785.

**How much does MON Capital Management LLC manage?**
MON Capital Management LLC reports $94,969,868 in regulatory assets under management in its Form ADV filing dated April 15, 2026 (87% discretionary).

**How have MON Capital Management LLC's assets and staff changed since 2025?**
In the Form ADV data for MON Capital Management LLC: Regulatory assets under management: $107,419,261 in the October 2025 data and $94,969,868 in the October 2026 data, down 12%. Total employees: 1 in October 2025 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does MON Capital Management LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (2); corporations or other businesses not listed above (2).

**Which custodians does MON Capital Management LLC use?**
MON Capital Management LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists UBS Financial Services Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does MON Capital Management 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/333785

**What changed in MON Capital Management LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $107,419,261 to $94,969,868 (-12%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Custodians (Schedule D, Section 5.K(3))
- UBS Financial Services 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: $94,969,868
- Discretionary: $82,846,460
- Non-discretionary: $12,123,408

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| High net worth individuals | 2 | $18,573,810 |
| Corporations or other businesses not listed above | 2 | $76,396,058 |

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

### Firm details
- Registered since: 2024 (1 year)
- Employees: 2 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2025 | $107,419,261 | 1 | June 10, 2025 |
| October 2026 | $94,969,868 | 2 | April 15, 2026 |

Regulatory assets under management: $107,419,261 in the October 2025 data and $94,969,868 in the October 2026 data, down 12%.
Total employees: 1 in October 2025 and 2 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $107,419,261 to $94,969,868 (-12%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. MON Capital Management LLC (CRD 333785): Form ADV filing data as of October 2026.