{
  "crd_number": 333726,
  "slug": "newmile-capital-llc-333726",
  "primary_business_name": "NEWMILE CAPITAL LLC",
  "legal_name": "NEWMILE CAPITAL LLC",
  "dbas": [],
  "city": null,
  "state": null,
  "country": null,
  "cbsa_code": null,
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2025-01-10",
  "years_registered": 1,
  "period": "2026-10-01",
  "filing_date": "2026-06-12",
  "carried_forward": false,
  "raum_total": 293555713.0,
  "raum_discretionary": 0.0,
  "raum_non_discretionary": 293555713.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 5,
  "advisory_employees": 5,
  "client_count_bucket": null,
  "clients_by_type": {
    "state_municipal": {
      "raum": 83339239.0,
      "count": 1
    },
    "pooled_investment_vehicles": {
      "raum": 210216474.0,
      "count": 9
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "FL"
  ],
  "websites": [
    "https://linkedin.com/company/newmile-capital-llc",
    "https://newmilecapital.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/333726",
  "city_as_filed": null,
  "url": "https://advisorcensus.com/firm/newmile-capital-llc-333726",
  "display_name": "Newmile Capital LLC",
  "summary": "Newmile Capital LLC is an SEC-registered investment advisory firm, registered since 2025, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated June 12, 2026.",
  "citation": "AdvisorCensus. Newmile Capital LLC (CRD 333726): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Newmile Capital LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Newmile Capital LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Is Newmile Capital LLC registered with the SEC or a state?",
      "a": "Newmile Capital LLC is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 333726."
    },
    {
      "q": "How much does Newmile Capital LLC manage?",
      "a": "Newmile Capital LLC reports $293,555,713 in regulatory assets under management in its Form ADV filing dated June 12, 2026 (0% discretionary)."
    },
    {
      "q": "How have Newmile Capital LLC's assets and staff changed since 2025?",
      "a": "In the Form ADV data for Newmile Capital LLC: Regulatory assets under management: $198,905,778 in the October 2025 data and $293,555,713 in the October 2026 data, up 48%. Total employees: 5 in October 2025 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Newmile 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) (9); state or municipal government entities (including government pension plans) (1)."
    },
    {
      "q": "Which custodians does Newmile Capital LLC use?",
      "a": "Newmile Capital LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists SEI Global Services, Inc. and U.S. Bank Global Fund Services (Cayman) Limited as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Newmile 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/333726"
    },
    {
      "q": "What changed in Newmile Capital LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $198,905,778 to $293,555,713 (+48%)."
    }
  ],
  "filing_history": [
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 198905778.0,
      "total_employees": 5,
      "filing_date": "2025-05-09"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 293555713.0,
      "total_employees": 5,
      "filing_date": "2026-06-12"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $198,905,778 to $293,555,713 (+48%)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "SEI Global Services, Inc.",
      "name_as_filed": "SEI GLOBAL SERVICES, INC.",
      "affiliated": false
    },
    {
      "name": "U.S. Bank Global Fund Services (Cayman) Limited",
      "name_as_filed": "U.S. BANK GLOBAL FUND SERVICES (CAYMAN) LIMITED",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/newmile-capital-llc-333726.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 9,
      "fewer_than_5": false,
      "raum": 210216474.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 1,
      "fewer_than_5": false,
      "raum": 83339239.0
    }
  ],
  "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/333726",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}