Little River Capital Partners provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, and portfolio management for institutions. The firm advises 1 private fund.
Little River Capital Partners reports 1 client. They include 1 pooled investment vehicle. Of its assets, 100.0% ($160M across 6 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| High-net-worth individuals | Fewer than 5 | <1% |
| Pooled investment vehicles | 100% | 3% |
| Other investment advisers | Fewer than 5 | 97% |
| Corporations and other businesses | Fewer than 5 | <1% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| High-net-worth individuals | Fewer than 5 | $188K | 0.1% | — |
| Pooled investment vehicles | 1 | $4.2M | 2.6% | $4.2M |
| Other investment advisers | Fewer than 5 | $156M | 97.2% | — |
| Corporations and other businesses | Fewer than 5 | $50.9K | 0.0% | — |
| Total | 1 | $160M | 100% | — |
- Clients
- Fewer than 5
- Regulatory AUM
- $188K
- AUM share
- 0.1%
- Avg. per client
- —
- Clients
- 1
- Regulatory AUM
- $4.2M
- AUM share
- 2.6%
- Avg. per client
- $4.2M
- Clients
- Fewer than 5
- Regulatory AUM
- $156M
- AUM share
- 97.2%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $50.9K
- AUM share
- 0.0%
- Avg. per client
- —
Total
- Clients
- 1
- Regulatory AUM
- $160M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 1
- Financial planning clients last fiscal year
- 0
Little River Capital Partners is paid through a percentage of assets under management and performance-based fees; its fees and minimums are set out in its brochures on the SEC website.
Lance Smith owns 25% to 50% of Little River Capital Partners. The leadership team of Little River Capital Partners includes Chief Investment Officer Lance Smith and Chief Compliance Officer John Tuohy. It has 8 employees, 7 of them in advisory roles.
Leadership
- John TuohyChief Compliance Officer
- John NixMember
- Lance SmithChief Investment Officer
Investment adviser representatives
1 representatives listed in the SEC register as of 9 October 2026.
- Kyle Alexander Bishop
Staff
- 8 employees
- 7 in advisory functions
- 1 state-registered rep
- 4 broker-dealer reps
- Owns 25% to 50% of Little River Capital Partners, LP.
Lance Smith
Control person · since March 2024
- Owns 10% to 25% of Little River Capital Partners, LP.
John Tuohy
Control person · since March 2024
- Owns 10% to 25% of Little River Capital Partners, LP.
John Nix
since March 2024
- Owns 5% to 10% of Little River Capital Partners, LP.
Middleton Circle Family Trust DTD 10-4-2019
since December 2025
Paul Vogel
Trustee · since February 2025
William Zelenik
Trustee · since February 2025
Little River Capital Partners’ regulatory assets grew Infinity× from $0 (May 2024) to $160M (May 2026); employees rose from 6 to 8.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| May 2026May 2026 | $160M | 1 | 8 | 2 |
| Mar 2025March 2025 | $150M | 2 | 4 | 1 |
| May 2024May 2024 | $0 | 0 | 6 | 1 |
Besides its headquarters, Little River Capital Partners has 1 office, with 2 listed addresses in 1 state.
Alabama · 1 listed address
- 4553 Pine Tree Hill Road, Vestavia Hills
Contact and registration details
- Legal name
- Little River Capital Partners, LP.
- Headquarters
- Not reported
- Website
- littleriverinvest.com
- Phone
- 917-224-7259
- SEC file
- 801-130448
- Structure
- Delaware limited partnership
- Fiscal year end
- December
Little River Capital Partners’ named custodian for separately managed accounts is TD Ameritrade ($156M). Little River Capital Partners has custody of client assets.
- TD AmeritradeTD Ameritrade, Inc. · Omaha, NE · $156M100%
At year end, Little River Capital Partners’ separately managed accounts were mostly in bonds (73%) and cash (23%).
What the accounts hold
- Stocks4%
- Exchange-traded equities2%
- Non-exchange-traded equities2%
- Bonds73%
- Investment grade corporate bonds38%
- U.S. government and agency bonds35%
- Cash23%
How many clients does Little River Capital Partners have?
Little River Capital Partners has 1 client and manages $160 million for them, as of May 2026. They include 1 pooled investment vehicle.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 5 May 2026
What services does Little River Capital Partners offer?
Little River Capital Partners provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Little River Capital Partners use?
Little River Capital Partners’ separately managed account assets are held at TD Ameritrade, Inc. (Omaha, NE), with $156M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 5 May 2026
How many financial advisors does Little River Capital Partners have?
Little River Capital Partners has 1 investment adviser representative registered with state securities authorities, out of 8 employees, and 7 perform investment advisory functions. 4 employees are registered representatives of a broker-dealer and 0 employees 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 Little River Capital Partners invest in?
At the end of its last fiscal year, Little River Capital Partners’ separately managed accounts held 38% investment grade corporate bonds, 35% U.S. government and agency bonds, 23% cash and equivalents, 2% exchange-traded equities and 2% non-exchange-traded equities. It advises 1 private fund.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Little River Capital Partners?
Little River Capital Partners’ direct owners are John Tuohy, Lance Smith, Middleton Circle Family Trust DTD 10-4-2019 and John Nix, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 5 May 2026
How does Little River Capital Partners get paid?
Little River Capital Partners 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
How do I contact Little River Capital Partners?
Its phone number is 917-224-7259. Its website is littleriverinvest.com.