{
  "crd_number": 160075,
  "slug": "new-capital-partners-birmingham-al-160075",
  "primary_business_name": "NEW CAPITAL PARTNERS",
  "legal_name": "NCP MANAGEMENT HOLDINGS, INC.",
  "dbas": [],
  "city": "Birmingham",
  "state": "AL",
  "country": "United States",
  "cbsa_code": "13820",
  "metro": {
    "cbsa_code": "13820",
    "common_name": "Birmingham",
    "msa_name": "Birmingham, AL",
    "path": "/advisors/al/birmingham"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2012-02-27",
  "years_registered": 14,
  "period": "2026-10-01",
  "filing_date": "2026-03-31",
  "carried_forward": false,
  "raum_total": 232569242.0,
  "raum_discretionary": 232569242.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 8,
  "advisory_employees": 6,
  "client_count_bucket": null,
  "clients_by_type": {
    "pooled_investment_vehicles": {
      "raum": 232569242.0,
      "count": 5
    }
  },
  "compensation_types": [
    "other",
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AL"
  ],
  "websites": [
    "https://instagram.com/newcapitalpartners",
    "https://linkedin.com/COMPANY/NEW-CAPITAL-PARTNERS",
    "https://newcapitalpartners.com",
    "https://twitter.com/NewCapPartners"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/160075",
  "city_as_filed": "BIRMINGHAM",
  "url": "https://advisorcensus.com/firm/new-capital-partners-birmingham-al-160075",
  "display_name": "New Capital Partners",
  "summary": "New Capital Partners is an SEC-registered investment advisory firm in Birmingham, AL, registered since 2012, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 31, 2026.",
  "citation": "AdvisorCensus. New Capital Partners (CRD 160075): 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",
    "Other"
  ],
  "advisory_activity_labels": [
    "Portfolio management for pooled investment vehicles (other than investment companies)"
  ],
  "quick_answers": [
    {
      "q": "How is New Capital Partners compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), New Capital Partners 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."
    },
    {
      "q": "Where is New Capital Partners located?",
      "a": "New Capital Partners' principal office is in Birmingham, AL, according to its Form ADV."
    },
    {
      "q": "Is New Capital Partners registered with the SEC or a state?",
      "a": "New Capital Partners is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 160075."
    },
    {
      "q": "How much does New Capital Partners manage?",
      "a": "New Capital Partners reports $232,569,242 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary)."
    },
    {
      "q": "How have New Capital Partners' assets and staff changed since 2021?",
      "a": "In the Form ADV data for New Capital Partners: Regulatory assets under management: $379,497,674 in the October 2021 data and $232,569,242 in the October 2026 data, down 39%. Total employees: 17 in October 2021 and 8 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does New Capital Partners serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (5)."
    },
    {
      "q": "Does New Capital Partners 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/160075"
    },
    {
      "q": "What changed in New Capital Partners' recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 7 to 6. Regulatory assets under management went from $614,802,213 to $232,569,242 (-62%). Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 379497674.0,
      "total_employees": 17,
      "filing_date": "2021-03-30"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 490206895.0,
      "total_employees": 18,
      "filing_date": "2022-03-25"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 385625586.0,
      "total_employees": 14,
      "filing_date": "2023-03-29"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 355307546.0,
      "total_employees": 11,
      "filing_date": "2024-03-29"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 614802213.0,
      "total_employees": 11,
      "filing_date": "2025-03-31"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 232569242.0,
      "total_employees": 8,
      "filing_date": "2026-03-31"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 7 to 6.",
        "Regulatory assets under management went from $614,802,213 to $232,569,242 (-62%).",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/new-capital-partners-birmingham-al-160075.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 5,
      "fewer_than_5": false,
      "raum": 232569242.0
    }
  ],
  "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/160075",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}