# Truman Capital Advisors, LP

> Truman Capital Advisors, LP is an SEC-registered investment advisory firm in Armonk, NY, registered since 2012, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated April 27, 2026.

- CRD: 156659
- Filed as: TRUMAN CAPITAL ADVISORS, LP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Armonk, NY
- Filing period: October 2026
- Form ADV filing dated: April 27, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/156659
- AdvisorCensus page: https://advisorcensus.com/firm/truman-capital-advisors-lp-armonk-ny-156659

## Quick answers

**How is Truman Capital Advisors, LP compensated?**
On its Form ADV (Item 5.E, October 2026), Truman Capital Advisors, LP 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 Truman Capital Advisors, LP located?**
Truman Capital Advisors, LP's principal office is in Armonk, NY, according to its Form ADV; the May 2026 filing also lists 2 other offices (Schedule D, Section 1.F).

**Is Truman Capital Advisors, LP registered with the SEC or a state?**
Truman Capital Advisors, LP is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 156659.

**How much does Truman Capital Advisors, LP manage?**
Truman Capital Advisors, LP reports $462,010,786 in regulatory assets under management in its Form ADV filing dated April 27, 2026 (100% discretionary).

**How have Truman Capital Advisors, LP's assets and staff changed since 2021?**
In the Form ADV data for Truman Capital Advisors, LP: Regulatory assets under management: $693,492,055 in the October 2021 data and $462,010,786 in the October 2026 data, down 33%. Total employees: 19 in October 2021 and 15 in October 2026. Assets under management move with markets as well as with clients coming and going.

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

**Does Truman Capital Advisors, 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/156659

**What changed in Truman Capital Advisors, LP's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $531,818,560 to $462,010,786 (-13%). Changed its office addresses in Vancouver, WA. Added an office in Sarasota, FL.

## 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: $462,010,786
- Discretionary: $462,010,786
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 5 | $462,010,786 |

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

### Firm details
- Registered since: 2012 (14 years)
- Employees: 15 total, 15 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, NY, OR, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the May 2026 filing
- Sarasota, FL
- Vancouver, WA

### Websites listed on Form ADV (Item 1.I)
- trumancapital.com
- LinkedIn @truman-capital-advisors-lp

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $693,492,055 | 19 | April 29, 2021 |
| October 2022 | $489,588,068 | 18 | April 29, 2022 |
| October 2023 | $412,536,141 | 17 | April 28, 2023 |
| October 2024 | $319,067,582 | 17 | April 22, 2024 |
| October 2025 | $531,818,560 | 15 | April 18, 2025 |
| October 2026 | $462,010,786 | 15 | April 27, 2026 |

Regulatory assets under management: $693,492,055 in the October 2021 data and $462,010,786 in the October 2026 data, down 33%.
Total employees: 19 in October 2021 and 15 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $531,818,560 to $462,010,786 (-13%).
- Changed its office addresses in Vancouver, WA.
- Added an office in Sarasota, FL.

### January 2026
- No longer registered or notice-filed in UT.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Truman Capital Advisors, LP (CRD 156659): Form ADV filing data as of October 2026.