# Newstone Capital Partners, LLC

> Newstone Capital Partners, LLC is an SEC-registered investment advisory firm in Dallas, TX, registered since 2012, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated September 1, 2026.

- CRD: 161068
- Filed as: NEWSTONE CAPITAL PARTNERS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Dallas, TX
- Filing period: October 2026
- Form ADV filing dated: September 1, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/161068
- AdvisorCensus page: https://advisorcensus.com/firm/newstone-capital-partners-llc-dallas-tx-161068

## Quick answers

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

**Where is Newstone Capital Partners, LLC located?**
Newstone Capital Partners, LLC's principal office is in Dallas, TX, according to its Form ADV.

**Is Newstone Capital Partners, LLC registered with the SEC or a state?**
Newstone Capital Partners, LLC is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 161068.

**How much does Newstone Capital Partners, LLC manage?**
Newstone Capital Partners, LLC reports $544,480,000 in regulatory assets under management in its Form ADV filing dated September 1, 2026 (100% discretionary).

**How have Newstone Capital Partners, LLC's assets and staff changed since 2021?**
In the Form ADV data for Newstone Capital Partners, LLC: Regulatory assets under management: $2,001,471,000 in the October 2021 data and $544,480,000 in the October 2026 data, down 73%. Total employees: 14 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 Newstone Capital Partners, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (6).

**Does Newstone Capital Partners, 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/161068

**What changed in Newstone Capital Partners, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 8 to 5. Regulatory assets under management went from $808,774,000 to $544,480,000 (-33%).

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $544,480,000
- Discretionary: $544,480,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | Not reported |
| High net worth individuals | 0 | Not reported |
| Banking or thrift institutions | 0 | Not reported |
| Investment companies | 0 | Not reported |
| Business development companies | 0 | Not reported |
| Pooled investment vehicles (other than investment companies and business development companies) | 6 | $544,480,000 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | Not reported |
| Charitable organizations | 0 | Not reported |
| State or municipal government entities (including government pension plans) | 0 | Not reported |
| Other investment advisers | 0 | Not reported |
| Insurance companies | 0 | Not reported |
| Sovereign wealth funds and foreign official institutions | 0 | Not reported |
| Corporations or other businesses not listed above | 0 | Not reported |
| Other | 0 | Not reported |

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

### Firm details
- Registered since: 2012 (14 years)
- Employees: 8 total, 5 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

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

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $2,001,471,000 | 14 | March 26, 2021 |
| October 2022 | $1,669,551,000 | 14 | March 31, 2022 |
| October 2023 | $1,339,426,000 | 15 | March 30, 2023 |
| October 2024 | $1,086,934,000 | 14 | March 28, 2024 |
| October 2025 | $808,774,000 | 11 | March 26, 2025 |
| October 2026 | $544,480,000 | 8 | September 1, 2026 |

Regulatory assets under management: $2,001,471,000 in the October 2021 data and $544,480,000 in the October 2026 data, down 73%.
Total employees: 14 in October 2021 and 8 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 8 to 5.
- Regulatory assets under management went from $808,774,000 to $544,480,000 (-33%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Newstone Capital Partners, LLC (CRD 161068): Form ADV filing data as of October 2026.