{ "crd_number": 311053, "slug": "turnspire-capital-partners-llc-new-york-ny-311053", "primary_business_name": "TURNSPIRE CAPITAL PARTNERS LLC", "legal_name": "TURNSPIRE CAPITAL PARTNERS LLC", "dbas": [], "city": "New York", "state": "NY", "country": "United States", "cbsa_code": "35620", "metro": { "cbsa_code": "35620", "common_name": "New York", "msa_name": "New York-Newark-Jersey City, NY-NJ", "path": "/advisors/ny/new-york" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2024-07-26", "years_registered": 2, "period": "2026-10-01", "filing_date": "2026-07-23", "carried_forward": false, "raum_total": 508933337.0, "raum_discretionary": 508933337.0, "raum_non_discretionary": 0.0, "raum_band": "500m_1b", "raum_band_label": "$500 million to $1 billion", "total_employees": 11, "advisory_employees": 7, "client_count_bucket": null, "clients_by_type": { "pooled_investment_vehicles": { "raum": 508933337.0, "count": 13 } }, "compensation_types": [ "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [], "websites": [ "https://linkedin.com/company/turnspire-capital-partners", "https://turnspirecap.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/311053", "city_as_filed": "NEW YORK", "url": "https://advisorcensus.com/firm/turnspire-capital-partners-llc-new-york-ny-311053", "display_name": "Turnspire Capital Partners LLC", "summary": "Turnspire Capital Partners LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2024, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated July 23, 2026.", "citation": "AdvisorCensus. Turnspire Capital Partners LLC (CRD 311053): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Performance-based fees" ], "advisory_activity_labels": [ "Portfolio management for pooled investment vehicles (other than investment companies)" ], "quick_answers": [ { "q": "How is Turnspire Capital Partners LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Turnspire Capital Partners LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees." }, { "q": "How much does Turnspire Capital Partners LLC charge?", "a": "Its Form ADV Part 2A brochure dated July 23, 2026 states: Asset-based fee: 2% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement." }, { "q": "Where is Turnspire Capital Partners LLC located?", "a": "Turnspire Capital Partners LLC's principal office is in New York, NY, according to its Form ADV." }, { "q": "Is Turnspire Capital Partners LLC registered with the SEC or a state?", "a": "Turnspire Capital Partners LLC is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 311053." }, { "q": "How much does Turnspire Capital Partners LLC manage?", "a": "Turnspire Capital Partners LLC reports $508,933,337 in regulatory assets under management in its Form ADV filing dated July 23, 2026 (100% discretionary)." }, { "q": "How have Turnspire Capital Partners LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for Turnspire Capital Partners LLC: Regulatory assets under management: $473,343,000 in the October 2024 data and $508,933,337 in the October 2026 data, up 8%. Total employees: 10 in October 2024 and 11 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Turnspire Capital Partners LLC serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (13)." }, { "q": "Does Turnspire Capital Partners LLC report any disciplinary disclosures?", "a": "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/311053" }, { "q": "What changed in Turnspire Capital Partners LLC's recent Form ADV filings?", "a": "In the August 2026 filing data: Updated its list of owners and control persons (Schedule A)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": null, "total_employees": null, "filing_date": "2021-03-31" }, { "period": "2022-10-01", "regulatory_assets_under_management": null, "total_employees": null, "filing_date": "2022-03-31" }, { "period": "2023-10-01", "regulatory_assets_under_management": null, "total_employees": null, "filing_date": "2023-03-30" }, { "period": "2024-10-01", "regulatory_assets_under_management": 473343000.0, "total_employees": 10, "filing_date": "2024-06-26" }, { "period": "2025-10-01", "regulatory_assets_under_management": 504418100.0, "total_employees": 10, "filing_date": "2025-03-31" }, { "period": "2026-10-01", "regulatory_assets_under_management": 508933337.0, "total_employees": 11, "filing_date": "2026-07-23" } ], "recent_changes": [ { "period": "2026-08-01", "period_label": "August 2026", "notes": [ "Updated its list of owners and control persons (Schedule A)." ] } ], "fees_from_brochure": { "source": "Form ADV Part 2A brochure dated July 23, 2026", "provided_by_the_firm": false, "tiers": [], "flat_rate": "2% of assets a year", "stated_range": null, "stated_maximum": null, "account_minimum": null, "account_minimum_may_be_waived": false, "minimum_annual_fee": null, "planning_fees": [], "figures": [ { "label": "Asset-based fee", "statements": [ "Asset-based fee: 2% of assets a year" ], "quotes": [ "The Fund will pay the General Partner or an affiliate a fee (the “Management Fee”) for management and investment services in an aggregate amount equal to 2% per annum multiplied by (1) during the Investment Period, each Limited Partner’s aggregate Capital Commitment as of the first day of the relevant quarter, or (2) after the end of the Investment Period, each Limited Partner’s invested capital for investments that have not yet been disposed of or completely written off by the Fund." ] } ], "values": { "tiers": [ { "min": null, "max": null, "rate_pct": 2.0 } ], "range_pct": null, "max_pct": null, "account_minimum": null, "minimum_annual_fee": null, "planning": [] }, "quotes": [ "The Fund will pay the General Partner or an affiliate a fee (the “Management Fee”) for management and investment services in an aggregate amount equal to 2% per annum multiplied by (1) during the Investment Period, each Limited Partner’s aggregate Capital Commitment as of the first day of the relevant quarter, or (2) after the end of the Investment Period, each Limited Partner’s invested capital for investments that have not yet been disposed of or completely written off by the Fund." ], "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable." }, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/turnspire-capital-partners-llc-new-york-ny-311053.md", "clients": [ { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 13, "fewer_than_5": false, "raum": 508933337.0 } ], "disclosure_line": "Reports no disclosure items on Form ADV Item 11.", "disclosure_items": [], "indexable": true, "suppressed": false, "claimed": false, "enhanced": false, "provided_by_the_firm": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "iapd_url": "https://adviserinfo.sec.gov/firm/summary/311053", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }