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Acr Alpine Capital Research

SEC-registered adviser since 2001ST. Louis, MOCRD 110933

$10.8B
AUM
7,171
Clients
See fees
Fee
11
Advisory staff

From Form ADV filed 24 June 2026 · data retrieved 15 October 2026SEC record

Acr Alpine Capital Research is an investment adviser headquartered in ST. Louis, Missouri, and registered with the SEC since 2001. Its clients include pooled investment vehicles, other clients and other individuals. High-net-worth individuals account for 21% of its regulatory assets under management.

Its services include portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions, and educational seminars. Fee arrangements include a percentage of assets under management and performance-based fees. Acr Alpine Capital Research, LP owns 75% or more of Acr Alpine Capital Research, and Nicholas Tompras is its CEO.

Clients

Acr Alpine Capital Research serves 7,171 clients, 958 of them high-net-worth individuals. The average client has about $1.5 million with the firm, and high-net-worth clients hold 21% of its $10.8 billion in assets.

Regulatory assets by client type
  • Individuals6,002 clients23%
  • High-net-worth individuals958 clients21%
  • Investment companies2 clients2%
  • Pooled investment vehicles3 clients25%
  • Other4 clients24%
  • OtherPension and profit-sharing plans, Charitable organizations, Corporations and other businesses5%
Show client breakdown
Individuals (other than HNW)
Clients
6,002
Regulatory AUM
$2,518,441,396
Share
23.3%
Avg. per client
$420K
High-net-worth individuals
Clients
958
Regulatory AUM
$2,253,804,166
Share
20.9%
Avg. per client
$2.35M
Investment companies
Clients
2
Regulatory AUM
$228,123,502
Share
2.1%
Avg. per client
$114.1M
Pooled investment vehicles
Clients
3
Regulatory AUM
$2,698,461,105
Share
25.0%
Avg. per client
$899.5M
Pension and profit-sharing plans
Clients
64
Regulatory AUM
$130,986,241
Share
1.2%
Avg. per client
$2.05M
Charitable organizations
Clients
51
Regulatory AUM
$166,092,398
Share
1.5%
Avg. per client
$3.26M
Corporations and other businesses
Clients
87
Regulatory AUM
$194,733,946
Share
1.8%
Avg. per client
$2.24M
Other
Clients
4
Regulatory AUM
$2,602,301,526
Share
24.1%
Avg. per client
$650.6M

Total

Clients
7,171
Regulatory AUM
$10,792,944,280
Share
100%
Avg. per client
$1.51M

What it does

Acr Alpine Capital Research provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions, educational seminars and other activities. It is paid through a percentage of assets and performance-based fees.

Acr Alpine Capital Research provided financial planning to 0 clients last fiscal year and advises 2 private funds.

75.9% of assets ($8.19B across 7,164 accounts) are managed with discretion; $2.60B across 4 accounts are not. $1.79B sits in a wrap fee program the firm both sponsors and manages. 24% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.

What the accounts hold

Separately managed account assets by class, year end
  • Stocks97%
  • Funds1%
  • Cash2%

Custodians

Acr Alpine Capital Research’s client accounts are held mainly at Charles Schwab, with 17% of managed assets, and Wells Fargo &, with 9%. Acr Alpine Capital Research has custody of client assets.

Managed account assets by custodian
  • Charles SchwabCharles Schwab & Co., Inc. · El Paso, TX · $1.82B17%
  • Stifel, Nicolaus &Stifel, Nicolaus & Company, Inc. · ST. Louis, MO · $746.9M7%
  • Wells Fargo &Wells Fargo & Co., Inc. · ST. Louis, MO · $975.2M9%
  • All other custodians$7.26B67%

Ownership and leadership

Acr Alpine Capital Research, LP owns 75% or more of Acr Alpine Capital Research, and Nicholas Tompras is its CEO.

Who owns the firm
Acr Alpine Capital Research, LLC· the adviser

  • Acr Alpine Capital Research, LP

    Control person · since May 2018

    Owns 75% or more of Acr Alpine Capital Research, LLC

Leadership

  • Nicholas Tompras
    Chief Executive Officer and Co-Chief Investment Officer
  • Willem Schilpzand
    President
  • Mitul Nakum
    Chief Operating Officer
  • Joseph Stowell III
    Chief Compliance Officer
  • Timothy Piechowski
    Co-Chief Investment Officer

Staff

  • 35 employees
  • 11 in advisory functions
  • 7 state-registered reps
  • 5 broker-dealer reps
  • 1 soliciting firm

Reported holdings

Acr Alpine Capital Research’s reported 13F holdings total $7.04B across 38 positions, and the ten largest make up 70.4% of it.

$7.04B
Reported 13F value
38
Positions
70.4%
In the 10 largest
+5.2%
Value vs. prior quarter
Ten largest positions, share of reported value
  1. Goldman Sachs ETF TR · Acces Treasury19.2%
  2. Johnson & Johnson7.7%
  3. Chevron Corporation6.5%
  4. Lennar Corp. · CL A6.1%
  5. Microsoft Corp.6.0%
  6. Thor Inds Inc.5.9%
  7. Fedex Corp.4.9%
  8. General Mtrs CO4.9%
  9. JPMORGAN Chase & CO4.5%
  10. Vodafone Group PLC · Sponsored ADR4.5%

Together, the ten largest are 70.4% of reported value.

The 38 largest positions and quarterly changesQuarter ended 30 June 2026 · filed 29 July 2026

A 13F covers only exchange-traded long positions the firm holds with discretion, so this $7.04B is not its $10.79B in regulatory assets and does not represent any individual client's portfolio.

Fees

Acr Alpine Capital Research is paid through a percentage of assets under management and performance-based fees.

Acr Alpine Capital Research’s fee rates are not included in this profile. Find its brochure on the SEC’s site.

Offices and registrations

Besides its headquarters, Acr Alpine Capital Research has 7 offices (6 private residences, listed without an address), with 2 listed addresses across 2 states.

Listed office addresses by state

Missouri · 1 listed address

  • 190 Carondelet Plaza, Suite 1300, ST. LouisHQ

Registration details

Legal name
Acr Alpine Capital Research, LLC
Headquarters
190 Carondelet Plaza, Suite 1300, ST. Louis, MO 63105
Phone
314-932-7600
Website
Not reported
SEC file
801-60694
Structure
Delaware LLC
Fiscal year end
December

This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov

Common questions

How many clients does Acr Alpine Capital Research have?

Acr Alpine Capital Research has 7,171 clients and manages $10.8 billion for them, as of June 2026. They include 6,002 other individuals, 958 high-net-worth individuals and 87 corporations and other businesses.

Source: Form ADV Part 1A, Items 5.D and 5.F, filed 24 June 2026

What services does Acr Alpine Capital Research offer?

Acr Alpine Capital Research provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions, educational seminars and other activities.

Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file

Which custodians does Acr Alpine Capital Research use?

Acr Alpine Capital Research’s separately managed account assets are held at Charles Schwab & Co., Inc. (El Paso, TX), with $1,815,503,593, Wells Fargo & Co., Inc. (ST. Louis, MO), with $975,204,317 and Stifel, Nicolaus & Company, Inc. (ST. Louis, MO), with $746,865,090. Only custodians holding at least a tenth of those assets are named.

Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 24 June 2026

How many financial advisors does Acr Alpine Capital Research have?

Acr Alpine Capital Research has 7 investment adviser representatives registered with state securities authorities, out of 35 employees, and 11 perform investment advisory functions. 5 are registered representatives of a broker-dealer and 0 are licensed insurance agents.

Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file

What does Acr Alpine Capital Research invest in?

At the end of its last fiscal year, Acr Alpine Capital Research’s separately managed accounts held 97% exchange-traded equities, 2% cash and equivalents and 1% registered funds (mutual funds, ETFs, BDCs). It advises 2 private funds.

Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file

Who owns Acr Alpine Capital Research?

Acr Alpine Capital Research’s direct owner is Acr Alpine Capital Research, LP (75% or more).

Source: Form ADV Part 1A, Schedules A and B, filed 24 June 2026

How does Acr Alpine Capital Research get paid?

Acr Alpine Capital Research is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.

Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file

Sources

  1. Form ADV Part 1A, amendment filed 24 June 2026. Items 1, 5, 9, 11 and Schedules A, B and D.
  2. IAPD firm record, CRD 110933.
  3. Form 13F-HR, filed 29 July 2026 for the quarter ended 30 June 2026.

Retrieved 15 October 2026. All are published by the SEC and may have been amended since.

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This profile is compiled from public regulatory filings and is provided for informational purposes only. Niva Wealth is not affiliated with Acr Alpine Capital Research, LLC and makes no representation about the quality of its services. Figures reflect the filing dates shown and may have changed. Ownership percentages are the bands reported to the SEC, not exact figures.