{
  "crd_number": 114877,
  "slug": "white-rock-capital-dallas-tx-114877",
  "primary_business_name": "WHITE ROCK CAPITAL",
  "legal_name": "WHITE ROCK CAPITAL MANAGEMENT, L.P.",
  "dbas": [],
  "city": "Dallas",
  "state": "TX",
  "country": "United States",
  "cbsa_code": "19100",
  "metro": {
    "cbsa_code": "19100",
    "common_name": "Dallas",
    "msa_name": "Dallas-Fort Worth-Arlington, TX",
    "path": "/advisors/tx/dallas"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2021-02-19",
  "years_registered": 5,
  "period": "2026-10-01",
  "filing_date": "2026-03-30",
  "carried_forward": false,
  "raum_total": 217400628.0,
  "raum_discretionary": 131465456.0,
  "raum_non_discretionary": 85935172.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 2,
  "advisory_employees": 2,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "high_net_worth_individuals": {
      "raum": 85935172.0,
      "count": null,
      "fewer_than_5": true
    },
    "pooled_investment_vehicles": {
      "raum": 131465456.0,
      "count": 2
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_individuals",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "TX"
  ],
  "websites": [],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/114877",
  "city_as_filed": "DALLAS",
  "url": "https://advisorcensus.com/firm/white-rock-capital-dallas-tx-114877",
  "display_name": "White Rock Capital",
  "summary": "White Rock Capital is an SEC-registered investment advisory firm in Dallas, TX, registered since 2021, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 30, 2026.",
  "citation": "AdvisorCensus. White Rock Capital (CRD 114877): 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 individuals and/or small businesses",
    "Portfolio management for pooled investment vehicles (other than investment companies)"
  ],
  "quick_answers": [
    {
      "q": "How is White Rock Capital compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), White Rock Capital reports these compensation arrangements: a percentage of assets under its management; performance-based fees."
    },
    {
      "q": "What does White Rock Capital's brochure say about its fees?",
      "a": "Its Form ADV Part 2A brochure dated March 30, 2026 states: Asset-based fee: 0.25% to 0.5% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is White Rock Capital located?",
      "a": "White Rock Capital's principal office is in Dallas, TX, according to its Form ADV."
    },
    {
      "q": "Is White Rock Capital registered with the SEC or a state?",
      "a": "White Rock Capital is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 114877."
    },
    {
      "q": "How much does White Rock Capital manage?",
      "a": "White Rock Capital reports $217,400,628 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (60% discretionary)."
    },
    {
      "q": "How have White Rock Capital's assets and staff changed since 2021?",
      "a": "In the Form ADV data for White Rock Capital: Regulatory assets under management: $116,649,207 in the October 2021 data and $217,400,628 in the October 2026 data, up 86%. Total employees: 2 in October 2021 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does White Rock Capital serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (2)."
    },
    {
      "q": "Does White Rock Capital 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/114877"
    },
    {
      "q": "What changed in White Rock Capital's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $172,339,563 to $217,400,628 (+26%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 116649207.0,
      "total_employees": 2,
      "filing_date": "2021-01-22"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 90339208.0,
      "total_employees": 2,
      "filing_date": "2022-03-31"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 68234365.0,
      "total_employees": 2,
      "filing_date": "2023-03-23"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 145054600.0,
      "total_employees": 2,
      "filing_date": "2024-04-10"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 172339563.0,
      "total_employees": 2,
      "filing_date": "2025-03-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 217400628.0,
      "total_employees": 2,
      "filing_date": "2026-03-30"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $172,339,563 to $217,400,628 (+26%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 30, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": "0.25% to 0.5% a year",
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 0.25% to 0.5% a year (a range, as the brochure states it)"
        ],
        "quotes": [
          "Such management fee is generally between 0.25% and 0.50%. The SMA does not pay a management fee."
        ]
      }
    ],
    "quotes": [
      "Such management fee is generally between 0.25% and 0.50%. The SMA does not pay a management fee."
    ],
    "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/white-rock-capital-dallas-tx-114877.md",
  "clients": [
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": null,
      "fewer_than_5": true,
      "raum": 85935172.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 2,
      "fewer_than_5": false,
      "raum": 131465456.0
    }
  ],
  "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/114877",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}