DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
SEC-registered adviser
Tran Capital Management, L.P.
Latest filing Feb 23, 2026
First filing on the tape Mar 23, 2012 · 31 filings
SEC status approved since Feb 16, 1974
RAUM
$890M
reported, Item 5.F
Discretionary
98%
of RAUM
Private clients
61%
$546M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
7
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
31 filings and snapshots on the tape
RAUM$890M as of Feb 23, 2026
Mar 23, 2012$3.8B then
HNW client RAUM$343M as of Feb 23, 2026
Mar 30, 2018$105M then
State-registered IARs (5.B.3)2 as of Feb 23, 2026
Mar 23, 20120 then
Employees (5.A)7 as of Feb 23, 2026
Mar 26, 201325 then
Private funds1 as of Mar 28, 2022
Mar 29, 20191 then
RAUM -7.1% over the last fiscal year+0.8% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Feb 23, 2026; every figure names its basis
Archetypes, each a printed rule
- HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
- Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
- PE backed · a Schedule A entity owner at 25 percent or more whose exact legal name is a PE fund vehicle or a classified PE sponsor on the DFX private equity graph
- Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
- RAUM per advisor
- $445MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 147derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $4.4MderivedHNW RAUM over HNW clients
- Average account
- $2.6MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 98%derivedof RAUM
- Institutional
- 20%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 3.5derivedItem 5.A over advisors
- Advisors per office
- 2.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- -7.1%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +14%derived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for investment companiesreportedItem 5.G
- Wrap fee program
- participatesreportedItem 5.I
- Ownership
- a PE fund or sponsor is a 25 percent or greater owner on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- buys or sells securities as principal to or from clients (8.A.2)
- has discretionary authority over which securities are bought or sold (8.C.1)
- receives research or other products from a broker-dealer, soft dollars (8.E)
- compensates persons for client referrals (8.G.1)
- compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$343M39%
- Individuals$203M23%
- Charitable organizations$167M19%
- Corporations and businesses$123M14%
- Investment companies$24.6M2.8%
- Pension and profit-sharing plans$13.5M1.5%
- Individual clients
- 215reported
- HNW clients
- 78reported
- Pension plan clients
- 4reported
- Charitable clients
- 17reported
- Accounts
- 348reported
- Financial planning clients
- reported
- Wrap fee programs
- $0 sponsored, $84.3M managedreported
- Custody of client assets
- noreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.61 fund_share=0.03 institutional_share=0.2 related_bd=false related_bank=false bd_reps=1.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
- David Geisler to Corvara Capital, LLCJan 26, 2017 · Other
- Robert William Flora to Truist Advisory Services, Inc.Dec 15, 2016 · Other
- Parker James O'Sullivan to Insight Wealth Strategies, LLCAug 16, 2016 · Other
- Paul Canon Wittman to Tru Independence Asset Management, LLCMay 31, 2016 · Other
- Margaret Ann Pierattini to J.P. Morgan Private Wealth Advisors LLCMar 4, 2016 · Other
- Michele Lyford Sine to Polaris Wealth Advisory GroupMar 11, 2015 · Other
- Scott Andrew Chapman to Chapman Investment Management, LLCNov 26, 2013 · Other
- John Richard Shepherd to East Coast Asset Management, LLCJun 14, 2013 · Other
Joined, latest
- Parker James O'Sullivan from Santa Barbara Asset Management, LLCAug 2, 2016 · Other
- Robert William Flora from Morgan StanleyNov 27, 2013 · Other
Private funds
2 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Analog Capital Fund, LPno longer reported | Hedge Fund | $12.9M | 5 | Mar 29, 2018 |
| Tcm Spv I, LLCno longer reported | Other Private Fund | $9.4M | 8 | Mar 28, 2022 |
Owners and control persons
Schedule A and B, latest filing
- Michael Im · Partner And Director Of Researchcontrolsince 06/2020 · owns less than 5%
- Kinh Quoc Tran · Chairman And Chief Investment Officer, Managing Partnercontrolsince 01/2007 · owns less than 5%
- Arthur Eric Winterhalter · President And Chief Compliance Officer, Managing Partnercontrolsince 12/2014 · owns less than 5%
- Kinh Quoc Tran · Managing Partnercontrolsince 01/2007 · owns 50% to 75% of Tran Capital Management, LLC
- Arthur Eric Winterhalter · Managing Partnercontrolsince 12/2014 · owns 25% to 50% of Tran Capital Management, LLC
Entity owners
- Tran Capital General Partner, LLC · General Partnerdirect · owns less than 5%
- Tran Capital Management, LLC · Limited Partnerdirect · owns 50% to 75%
- Tran Capital Mgl, LLC · Limited Partnerdirect · owns 25% to 50%
- Mccarthy Group, LLC · Partner Limited Liabilityindirect · owns 75% or more of Tran Capital Mgl, LLC
Related persons
Schedule D 7.A
- Mccarthy Group, LLCpooled vehicle sponsory
Advisers that list Tran Capital Management, L.P. as a related person
- 158782 y
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 329 to 348Apr 1, 2025 to Feb 23, 2026
- Charity clients · 23 to 17Apr 1, 2025 to Feb 23, 2026
- Corporate clients · 17 to 14Apr 1, 2025 to Feb 23, 2026
- HNW clients · 86 to 78Apr 1, 2025 to Feb 23, 2026
- Individual clients · 170 to 215Apr 1, 2025 to Feb 23, 2026
- Pension plan clients · 5 to 4Apr 1, 2025 to Feb 23, 2026
- Discretionary RAUM · $933M to $874MApr 1, 2025 to Feb 23, 2026
- HNW RAUM · $334M to $343MApr 1, 2025 to Feb 23, 2026
- Individual RAUM · $175M to $203MApr 1, 2025 to Feb 23, 2026
- Non-discretionary RAUM · $25.3M to $16.5MApr 1, 2025 to Feb 23, 2026
- Pension RAUM · $23.1M to $13.5MApr 1, 2025 to Feb 23, 2026
- RAUM · $959M to $890MApr 1, 2025 to Feb 23, 2026
- Wrap assets (manager) · $81.3M to $84.3MApr 1, 2025 to Feb 23, 2026
- Accounts · 337 to 329Feb 26, 2024 to Apr 1, 2025
- Charity clients · 28 to 23Feb 26, 2024 to Apr 1, 2025
- Corporate clients · 25 to 17Feb 26, 2024 to Apr 1, 2025
- HNW clients · 81 to 86Feb 26, 2024 to Apr 1, 2025
- Individual clients · 161 to 170Feb 26, 2024 to Apr 1, 2025
- Financial planning clients · unset to Feb 26, 2024 to Apr 1, 2025
- Discretionary RAUM · $899M to $933MFeb 26, 2024 to Apr 1, 2025
- HNW RAUM · $297M to $334MFeb 26, 2024 to Apr 1, 2025
- Individual RAUM · $159M to $175MFeb 26, 2024 to Apr 1, 2025
- Non-discretionary RAUM · $45.7M to $25.3MFeb 26, 2024 to Apr 1, 2025
- Pension RAUM · $21.2M to $23.1MFeb 26, 2024 to Apr 1, 2025
- RAUM · $945M to $959MFeb 26, 2024 to Apr 1, 2025
- Wrap assets (manager) · $63.7M to $81.3MFeb 26, 2024 to Apr 1, 2025
- Accounts · 363 to 337Mar 15, 2023 to Feb 26, 2024
- Charity clients · 32 to 28Mar 15, 2023 to Feb 26, 2024
- Corporate clients · 27 to 25Mar 15, 2023 to Feb 26, 2024
- HNW clients · 88 to 81Mar 15, 2023 to Feb 26, 2024
- Individual clients · 163 to 161Mar 15, 2023 to Feb 26, 2024
- Employees · 8 to 7Mar 15, 2023 to Feb 26, 2024
- Discretionary RAUM · $822M to $899MMar 15, 2023 to Feb 26, 2024
- HNW RAUM · $284M to $297MMar 15, 2023 to Feb 26, 2024
- Individual RAUM · $135M to $159MMar 15, 2023 to Feb 26, 2024
- Non-discretionary RAUM · $46.2M to $45.7MMar 15, 2023 to Feb 26, 2024
- Pension RAUM · $17.1M to $21.2MMar 15, 2023 to Feb 26, 2024
- RAUM · $868M to $945MMar 15, 2023 to Feb 26, 2024
- Wrap assets (manager) · $57.3M to $63.7MMar 15, 2023 to Feb 26, 2024
- Accounts · 378 to 363Jun 22, 2022 to Mar 15, 2023
Signals
5 dated events
- Tran Capital Management, L.P. reported RAUM $868.4M, down 40% from $1.4B (2022-06-22 to 2023-03-15)Mar 15, 2023 · RAUM change · derived
- Michael Im (Director Of Research/Associate Portfolio Manager And Managing Partner) appeared on Schedule A of Tran Capital Management, L.P.Jun 25, 2020 · Control person joined · fact
- Kouji Yamada (Chief Investment Officer Of Global Equity) no longer on Schedule A of Tran Capital Management, L.P. (listed 2020-04-03, absent 2020-06-25)Jun 25, 2020 · Control person left · inference
- Tran Capital Management, L.P. reported RAUM $767.3M, down 28% from $1.1B (2018-09-17 to 2019-03-29)Mar 29, 2019 · RAUM change · derived
- Tran Capital Management, L.P. reported RAUM $1.1B, down 44% from $1.9B (2017-06-12 to 2018-03-30)Mar 30, 2018 · RAUM change · derived
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
- Business phone
- 415-461-3800reportedpublished by the firm, firm site, Sep 17, 2026
- Firm profile
- linkedin.com/company/tran-capital-managementreportedpublic record, Form ADV, Sep 18, 2026
- Website
- trancapital.COMreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 415-461-3800reportedpublic record, Form ADV, Feb 23, 2026
- Contact form
- trancapital.com/contactreportedpublished by the firm, firm site, Sep 17, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Independent wealth managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- n/aderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026