# Mountain Capital Management, LLC

> Mountain Capital Management, LLC is an SEC-registered investment advisory firm in Houston, TX, registered since 2015, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 281465
- Filed as: MOUNTAIN CAPITAL MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Houston, TX
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/281465
- AdvisorCensus page: https://advisorcensus.com/firm/mountain-capital-management-llc-houston-tx-281465

## Quick answers

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

**Where is Mountain Capital Management, LLC located?**
Mountain Capital Management, LLC's principal office is in Houston, TX, according to its Form ADV.

**Is Mountain Capital Management, LLC registered with the SEC or a state?**
Mountain Capital Management, LLC is an SEC-registered investment advisory firm, registered since 2015. Status as filed: Approved. CRD 281465.

**How much does Mountain Capital Management, LLC manage?**
Mountain Capital Management, LLC reports $1,368,541,949 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have Mountain Capital Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for Mountain Capital Management, LLC: Regulatory assets under management: $1,534,647,412 in the October 2021 data and $1,368,541,949 in the October 2026 data, down 11%. Total employees: 11 in October 2021 and 8 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Mountain Capital Management, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (12).

**Does Mountain 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/281465

**What changed in Mountain Capital Management, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 6 to 5.

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $1,368,541,949
- Discretionary: $1,368,541,949
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 12 | $1,368,541,949 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2015 (10 years)
- Employees: 8 total, 5 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CT, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- mountainlp.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,534,647,412 | 11 | March 29, 2021 |
| October 2022 | $1,643,000,021 | 11 | March 30, 2022 |
| October 2023 | $1,637,462,640 | 12 | April 28, 2023 |
| October 2024 | $1,396,979,753 | 12 | August 23, 2024 |
| October 2025 | $1,301,617,590 | 8 | April 25, 2025 |
| October 2026 | $1,368,541,949 | 8 | March 31, 2026 |

Regulatory assets under management: $1,534,647,412 in the October 2021 data and $1,368,541,949 in the October 2026 data, down 11%.
Total employees: 11 in October 2021 and 8 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 6 to 5.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Mountain Capital Management, LLC (CRD 281465): Form ADV filing data as of October 2026.