# River Partners Capital Management, LP

> River Partners Capital Management, LP is an SEC-registered investment advisory firm in New York, NY, registered since 2014, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated June 18, 2026.

- CRD: 172496
- Filed as: RIVER PARTNERS CAPITAL MANAGEMENT, LP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: June 18, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/172496
- AdvisorCensus page: https://advisorcensus.com/firm/river-partners-capital-management-lp-new-york-ny-172496

## Quick answers

**How is River Partners Capital Management, LP compensated?**
On its Form ADV (Item 5.E, October 2026), River Partners Capital Management, LP 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.

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

**Is River Partners Capital Management, LP registered with the SEC or a state?**
River Partners Capital Management, LP is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 172496.

**How much does River Partners Capital Management, LP manage?**
River Partners Capital Management, LP reports $1,319,282,408 in regulatory assets under management in its Form ADV filing dated June 18, 2026 (98% discretionary).

**How have River Partners Capital Management, LP's assets and staff changed since 2021?**
In the Form ADV data for River Partners Capital Management, LP: Regulatory assets under management: $1,604,210,493 in the October 2021 data and $1,319,282,408 in the October 2026 data, down 18%. Total employees: 5 in October 2021 and 13 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does River Partners Capital Management, LP serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (122); individuals (other than high net worth individuals) (59); pooled investment vehicles (other than investment companies and business development companies) (40).

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

**Does River Partners Capital Management, LP 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/172496

**What changed in River Partners Capital Management, LP's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 4 to 5.

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- National Financial Services LLC

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: $1,319,282,408
- Discretionary: $1,291,797,762
- Non-discretionary: $27,484,646

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 59 | $56,725,051 |
| High net worth individuals | 122 | $904,092,598 |
| Pooled investment vehicles (other than investment companies and business development companies) | 40 | $326,286,627 |
| Charitable organizations | 6 | $32,178,132 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2014 (11 years)
- Employees: 13 total, 5 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.

### Websites listed on Form ADV (Item 1.I)
- [riverpartners.com](https://riverpartners.com)

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,604,210,493 | 5 | September 1, 2021 |
| October 2022 | $1,320,449,557 | 10 | March 31, 2022 |
| October 2023 | $1,104,428,014 | 11 | March 31, 2023 |
| October 2024 | $1,137,822,862 | 10 | April 19, 2024 |
| October 2025 | $1,218,263,689 | 12 | March 31, 2025 |
| October 2026 | $1,319,282,408 | 13 | June 18, 2026 |

Regulatory assets under management: $1,604,210,493 in the October 2021 data and $1,319,282,408 in the October 2026 data, down 18%.
Total employees: 5 in October 2021 and 13 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 4 to 5.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. River Partners Capital Management, LP (CRD 172496): Form ADV filing data as of October 2026.