# TRP Capital Advisors V, LLC

> TRP Capital Advisors V, LLC is an SEC-registered investment advisory firm in Birmingham, MI, registered since 2020, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 306604
- Filed as: TRP CAPITAL ADVISORS V, LLC
- Also doing business as: TRP CAPITAL PARTNERS
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Birmingham, MI
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/306604
- AdvisorCensus page: https://advisorcensus.com/firm/trp-capital-advisors-v-llc-birmingham-mi-306604

## Quick answers

**How is TRP Capital Advisors V, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), TRP Capital Advisors V, 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 TRP Capital Advisors V, LLC located?**
TRP Capital Advisors V, LLC's principal office is in Birmingham, MI, according to its Form ADV.

**Is TRP Capital Advisors V, LLC registered with the SEC or a state?**
TRP Capital Advisors V, LLC is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 306604.

**How much does TRP Capital Advisors V, LLC manage?**
TRP Capital Advisors V, LLC reports $690,991,189 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary).

**How have TRP Capital Advisors V, LLC's assets and staff changed since 2021?**
In the Form ADV data for TRP Capital Advisors V, LLC: Regulatory assets under management: $139,230,073 in the October 2021 data and $690,991,189 in the October 2026 data, up 396%. Total employees: 8 in October 2021 and 11 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does TRP Capital Advisors V, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (14).

**Does TRP Capital Advisors V, 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/306604

## 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: $690,991,189
- Discretionary: $690,991,189
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 14 | $690,991,189 |

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

### Firm details
- Registered since: 2020 (6 years)
- Employees: 11 total, 9 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: MI
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- trpfund.com
- LinkedIn @trp-capital-partners

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $139,230,073 | 8 | March 24, 2021 |
| October 2022 | $210,088,738 | 9 | March 30, 2022 |
| October 2023 | $278,006,579 | 9 | March 30, 2023 |
| October 2024 | $299,935,429 | 10 | March 28, 2024 |
| October 2025 | $636,979,808 | 11 | March 28, 2025 |
| October 2026 | $690,991,189 | 11 | March 30, 2026 |

Regulatory assets under management: $139,230,073 in the October 2021 data and $690,991,189 in the October 2026 data, up 396%.
Total employees: 8 in October 2021 and 11 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. TRP Capital Advisors V, LLC (CRD 306604): Form ADV filing data as of October 2026.