NEW CAPITAL MANAGEMENT, LP

CRD 131658File 801-63295

APPROVED

Retail clients

Filing as of Mar 30, 2026

Feed vintage Aug 17, 2026

Regulatory AUM

$533.5M

Above cohort median (national)

Discretionary AUM

$520.5M

Non-discretionary $13.0M

Clients

130

777 accounts

Employees

Above cohort median in TX

Identity & registration

ADV Item 1

Organization form: Limited Partnership
Firm type: Registered
SEC region: FWRO
Registration date: Jul 9, 2004
Principal office: 3355 WEST ALABAMA STREET, SUITE 275, HOUSTON, TX, 77098
Phone: 713-874-1444
Website: HTTP://WWW.NEWCAPITALMGMT.COM

Assets & accounts

ADV Item 5F

Total regulatory AUM: $533.5M
Discretionary AUM: $520.5M
Non-discretionary AUM: $13.0M
Discretionary accounts: 758
Non-discretionary accounts: 19
Total accounts: 777
AUM per client: $4.1M

Clients by type

ADV Item 5D

Client type	Clients	AUM
Other	Fewer than 5	$1.8M
Charitable organizations	Fewer than 5	$5.5M
High net worth individuals	90	$506.7M
Individuals (other than high net worth individuals)	36	$19.6M

Compensation & activities

ADV Items 5E, 5G

Compensation

Fixed fees
A percentage of assets under your management

Advisory activities

Other
Publications
Other advisory activities
Financial planning services
Selection of other advisers
Portfolio management for businesses
Portfolio management for individuals and/or small businesses

Custody

ADV Item 9

Firm Custody Cash: No
Firm Custody Assets: No
Firm Custody Clients: No
Firm Custody Securities: No
Related Person Custody Cash: No
Related Person Custody Assets: No
Related Person Custody Clients: No
Related Person Custody Securities: No

Disclosure events

ADV Item 11

This firm answered no to every Item 11 disclosure question in this filing.

Filed changes

Date	Field	From	To
Aug 12, 2026	Registration	—	APPROVED

Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.