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

Newroad Capital Partners, LLC

Asset manager (funds and pooled vehicles)Bentonville, ArkansasCRD 281487SEC 801-106671websiteIAPD
Latest filing Aug 28, 2026
First filing on the tape Sep 14, 2015 · 18 filings
SEC status approved since Sep 22, 2015
RAUM
$584M
reported, Item 5.F
Discretionary
80%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
16
15 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
5
reported on Schedule D
History
18 filings and snapshots on the tape
RAUM$584M as of Aug 28, 2026
Mar 30, 2016$108M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Aug 28, 2026
Mar 30, 20160 then
Employees (5.A)16 as of Aug 28, 2026
Mar 30, 20168 then
Private funds5 as of Aug 28, 2026
Mar 30, 20162 then
RAUM -9.1% over the last fiscal year-4.1% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Aug 28, 2026; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$117MderivedRAUM over accounts (5.F.2.f)
Discretionary
80%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
-9.1%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for pooled vehiclesreportedItem 5.G
Custody
$470M, 4 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$584M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
5reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$470M for 4 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
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
none on the tape
    Joined, latest
    none on the tape
      Private funds
      6 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Newroad Fund IV, L.P.Private Equity Fund$234M164Mar 30, 2022
      Newroad Fund III, L.P.Private Equity Fund$190M117Mar 28, 2019
      Knrv Fund IIno longer reportedPrivate Equity Fund$68.0M100Jan 20, 2016
      Newroad Ventures, LLCPrivate Equity Fund$33.8M84Jan 20, 2016
      Newroad Fund III Coinvest II, L.P.Private Equity Fund$7.7M16Mar 30, 2022
      Newroad Fund III Coinvest, I L.P.Private Equity Fund$3.4M14Mar 30, 2022
      Owners and control persons
      Schedule A and B, latest filing
      • Joseph Arthur Emmanuel · Chief Financial Officercontrol
        since 07/2022 · owns less than 5%
      • Satoko Kato · Clo, Ccocontrol
        since 03/2018 · owns less than 5%
      • Taylor Clete Brewer · Trusteecontrol
        since 11/2002 · owns F of The Clete T. Brewer Revocable Trust Dated 11/8/2002
      • Bach Christopher Ladd · Membercontrol
        since 09/2018 · owns 75% or more of Ladd Ventures, LLC
      • Rudolf Stefan Sterns · Membercontrol
        since 01/2022 · owns 75% or more of Srs Newroad, LLC
      • Lynn Andrea Wilson · Trusteecontrol
        since 10/2017 · owns F of Jeremy And Andrea Wilson Family Trust
      • Wells Jeremy Wilson · Trusteecontrol
        since 10/2017 · owns F of Jeremy And Andrea Wilson Family Trust
      Entity owners
      • Jeremy And Andrea Wilson Family Trust · Managing Partner/Manager/Member
        direct · owns 25% to 50%
      • Ladd Ventures, LLC · Partner/Member
        direct · owns 10% to 25%
      • Srs Newroad, LLC · Partner/Member
        direct · owns 10% to 25%
      • The Clete T. Brewer Revocable Trust Dated 11/8/2002 · Managing Partner/Manager/Member
        direct · owns 25% to 50%
      Related persons
      Schedule D 7.A
      • Newroad Capital Advisors Gp, LLC
        pooled vehicle sponsorn
      • Newroad Fund III Gp, L.P.
        pooled vehicle sponsorn
      • Newroad Fund IV Gp, L.P.
        pooled vehicle sponsorn
      • Newroad Growth Advisors, LLC
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 6 to 5
        Mar 28, 2025 to Mar 26, 2026
      • Advisory employees · 14 to 15
        Mar 28, 2025 to Mar 26, 2026
      • Pooled vehicle clients · 6 to 5
        Mar 28, 2025 to Mar 26, 2026
      • Assets in custody · $502M to $470M
        Mar 28, 2025 to Mar 26, 2026
      • Employees · 15 to 16
        Mar 28, 2025 to Mar 26, 2026
      • Discretionary RAUM · $502M to $470M
        Mar 28, 2025 to Mar 26, 2026
      • Non-discretionary RAUM · $140M to $114M
        Mar 28, 2025 to Mar 26, 2026
      • Pooled vehicle RAUM · $643M to $584M
        Mar 28, 2025 to Mar 26, 2026
      • RAUM · $643M to $584M
        Mar 28, 2025 to Mar 26, 2026
      • Accounts · 8 to 6
        Apr 29, 2024 to Mar 28, 2025
      • Pooled vehicle clients · 8 to 6
        Apr 29, 2024 to Mar 28, 2025
      • Assets in custody · $470M to $502M
        Apr 29, 2024 to Mar 28, 2025
      • Employees · 16 to 15
        Apr 29, 2024 to Mar 28, 2025
      • Financial planning clients · unset to
        Apr 29, 2024 to Mar 28, 2025
      • Discretionary RAUM · $470M to $502M
        Apr 29, 2024 to Mar 28, 2025
      • Non-discretionary RAUM · $139M to $140M
        Apr 29, 2024 to Mar 28, 2025
      • Pooled vehicle RAUM · $609M to $643M
        Apr 29, 2024 to Mar 28, 2025
      • RAUM · $609M to $643M
        Apr 29, 2024 to Mar 28, 2025
      • Advisory employees · 16 to 14
        Jan 5, 2024 to Mar 28, 2024
      • Assets in custody · $516M to $470M
        Jan 5, 2024 to Mar 28, 2024
      • Employees · 18 to 16
        Jan 5, 2024 to Mar 28, 2024
      • Discretionary RAUM · $516M to $470M
        Jan 5, 2024 to Mar 28, 2024
      • Non-discretionary RAUM · $147M to $139M
        Jan 5, 2024 to Mar 28, 2024
      • Pooled vehicle RAUM · $662M to $609M
        Jan 5, 2024 to Mar 28, 2024
      • RAUM · $662M to $609M
        Jan 5, 2024 to Mar 28, 2024
      • HQ city · ROGERS to BENTONVILLE
        Mar 29, 2023 to Jan 5, 2024
      • Advisory employees · 13 to 16
        Mar 30, 2022 to Mar 29, 2023
      • Assets in custody · $504M to $516M
        Mar 30, 2022 to Mar 29, 2023
      • Employees · 14 to 18
        Mar 30, 2022 to Mar 29, 2023
      • Discretionary RAUM · $504M to $516M
        Mar 30, 2022 to Mar 29, 2023
      • Non-discretionary RAUM · $160M to $147M
        Mar 30, 2022 to Mar 29, 2023
      • Pooled vehicle RAUM · $664M to $662M
        Mar 30, 2022 to Mar 29, 2023
      • RAUM · $664M to $662M
        Mar 30, 2022 to Mar 29, 2023
      • Accounts · 5 to 8
        Mar 26, 2021 to Mar 30, 2022
      • Advisory employees · 14 to 13
        Mar 26, 2021 to Mar 30, 2022
      • Pooled vehicle clients · 5 to 8
        Mar 26, 2021 to Mar 30, 2022
      • Assets in custody · $281M to $504M
        Mar 26, 2021 to Mar 30, 2022
      • Employees · 15 to 14
        Mar 26, 2021 to Mar 30, 2022
      • Private funds · 2 to 5
        Mar 26, 2021 to Mar 30, 2022
      • Discretionary RAUM · $281M to $504M
        Mar 26, 2021 to Mar 30, 2022
      Signals
      10 dated events
      • Walter Keith Carvin (Chief Financial Officer) no longer on Schedule A of Newroad Capital Partners, Llc (listed 2022-03-30, absent 2023-03-29)
        Mar 29, 2023 · Control person left · inference
      • Joseph Arthur Emmanuel (Chief Financial Officer) appeared on Schedule A of Newroad Capital Partners, Llc
        Mar 29, 2023 · Control person joined · fact
      • Rudolf Stefan Sterns (Trustee) appeared on Schedule A of Newroad Capital Partners, Llc
        Mar 29, 2023 · Control person joined · fact
      • Newroad Capital Partners, Llc reported RAUM $664.1M, up 55% from $428.2M (2021-03-26 to 2022-03-30)
        Mar 30, 2022 · RAUM change · derived
      • Lynn Andrea Wilson (Trustee) appeared on Schedule A of Newroad Capital Partners, Llc
        Mar 30, 2022 · Control person joined · fact
      • Walter Keith Carvin (Chief Financial Officer) appeared on Schedule A of Newroad Capital Partners, Llc
        Mar 26, 2021 · Control person joined · fact
      • Newroad Capital Partners, Llc reported RAUM $428.2M, up 48% from $288.6M (2020-03-26 to 2021-03-26)
        Mar 26, 2021 · RAUM change · derived
      • Douglas Degn (Partner/Manager) no longer on Schedule A of Newroad Capital Partners, Llc (listed 2018-03-28, absent 2019-03-28)
        Mar 28, 2019 · Control person left · inference
      • Christopher Ladd (Partner/Manager) appeared on Schedule A of Newroad Capital Partners, Llc
        Mar 28, 2019 · Control person joined · fact
      • Newroad Capital Partners, Llc filed its initial SEC registration (Form ADV)
        Sep 14, 2015 · First SEC registration · fact
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Firm profile
      linkedin.com/company/newroad-venturesreportedpublic record, Form ADV, Sep 17, 2026
      Website
      newroadcp.comreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      479-657-2100reportedpublic record, Form ADV, Aug 28, 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
      Asset manager (funds and pooled vehicles)deriveda 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