# TSP Capital Management Group, LLC

> TSP Capital Management Group, LLC is an SEC-registered investment advisory firm in Summit, NJ, registered since 2004, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 20, 2026.

- CRD: 131889
- Filed as: TSP CAPITAL MANAGEMENT GROUP, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Summit, NJ
- Filing period: October 2026
- Form ADV filing dated: March 20, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/131889
- AdvisorCensus page: https://advisorcensus.com/firm/tsp-capital-management-group-llc-summit-nj-131889

## Quick answers

**How is TSP Capital Management Group, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), TSP Capital Management Group, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees.

**Where is TSP Capital Management Group, LLC located?**
TSP Capital Management Group, LLC's principal office is in Summit, NJ, according to its Form ADV.

**Is TSP Capital Management Group, LLC registered with the SEC or a state?**
TSP Capital Management Group, LLC is an SEC-registered investment advisory firm, registered since 2004. Status as filed: Approved. CRD 131889.

**How much does TSP Capital Management Group, LLC manage?**
TSP Capital Management Group, LLC reports $553,311,284 in regulatory assets under management in its Form ADV filing dated March 20, 2026 (99% discretionary).

**How have TSP Capital Management Group, LLC's assets and staff changed since 2021?**
In the Form ADV data for TSP Capital Management Group, LLC: Regulatory assets under management: $399,086,442 in the October 2021 data and $553,311,284 in the October 2026 data, up 39%. Total employees: 5 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does TSP Capital Management Group, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (71); high net worth individuals (62); charitable organizations (8).

**Which custodians does TSP Capital Management Group, LLC use?**
TSP Capital Management Group, LLC'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 TSP Capital Management Group, LLC report any disciplinary disclosures?**
Reports 2 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation) and 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/131889

**Does TSP Capital Management Group, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 20, 2026 says: "TSP generally requires a $500,000 per Client minimum for investment advisory services. TSP in its sole discretion, based upon circumstances at the time, may waive the $500,000 minimum."

**What changed in TSP Capital Management Group, LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $387,006,570 to $553,311,284 (+43%).

## 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

### Fees and minimums (Form ADV Part 2A brochure dated March 20, 2026)

- Account minimum: $500,000 (the brochure says it may be waived or negotiated)

> TSP generally requires a $500,000 per Client minimum for investment advisory services. TSP in its sole discretion, based upon circumstances at the time, may waive the $500,000 minimum.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### 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: $553,311,284
- Discretionary: $547,703,887
- Non-discretionary: $5,607,397

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 71 | $28,025,997 |
| High net worth individuals | 62 | $470,031,023 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 1 | $2,933,520 |
| Charitable organizations | 8 | $25,597,507 |
| Corporations or other businesses not listed above | 1 | $7,894,525 |
| Other | 1 | $18,828,712 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Other

### Firm details
- Registered since: 2004 (22 years)
- Employees: 5 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, FL, GA, IL, LA, MA, NH, NJ, NY, OK, PA, TX, VA
- Disclosures (Item 11): Reports 2 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.C(2): Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?
- 11.C(5): Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/131889

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

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $399,086,442 | 5 | March 31, 2021 |
| October 2022 | $401,518,058 | 5 | April 15, 2022 |
| October 2023 | $354,944,094 | 5 | March 24, 2023 |
| October 2024 | $390,443,878 | 5 | March 22, 2024 |
| October 2025 | $387,006,570 | 5 | March 11, 2025 |
| October 2026 | $553,311,284 | 5 | March 20, 2026 |

Regulatory assets under management: $399,086,442 in the October 2021 data and $553,311,284 in the October 2026 data, up 39%.
Total employees: 5 in October 2021 and 5 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $387,006,570 to $553,311,284 (+43%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. TSP Capital Management Group, LLC (CRD 131889): Form ADV filing data as of October 2026.