Neumann Capital Management provides financial planning, portfolio management for individuals and small businesses, education planning, estate planning, insurance, and tax planning. Financial planning was provided to 101–250 clients last fiscal year.
Neumann Capital Management reports 191 clients. They include 128 high-net-worth individuals and 63 individual clients. Of its assets, 100.0% ($630M across 609 accounts) are managed with discretion. Of its clients, 3% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 33% | 4% |
| High-net-worth individuals | 67% | 96% |
| Charitable organizations | Fewer than 5 | <1% |
| 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 |
|---|---|---|---|---|
| Individuals (other than HNW) | 63 | $26.6M | 4.2% | $423K |
| High-net-worth individuals | 128 | $603M | 95.6% | $4.71M |
| Charitable organizations | Fewer than 5 | $556K | 0.1% | — |
| Corporations and other businesses | Fewer than 5 | $343K | 0.1% | — |
| Total | 191 | $630M | 100% | — |
- Clients
- 63
- Regulatory AUM
- $26.6M
- AUM share
- 4.2%
- Avg. per client
- $423K
- Clients
- 128
- Regulatory AUM
- $603M
- AUM share
- 95.6%
- Avg. per client
- $4.71M
- Clients
- Fewer than 5
- Regulatory AUM
- $556K
- AUM share
- 0.1%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $343K
- AUM share
- 0.1%
- Avg. per client
- —
Total
- Clients
- 191
- Regulatory AUM
- $630M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 3%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
Neumann Capital Management is paid through a percentage of assets under management. The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Comprehensive Wealth Management Program
- Annual fee of 0.90% to 0.50% of the whole portfolio at its band, from $1 million to over $5 million, billed quarterly in arrears, with a $9,000 annual minimum fee.
- Essential Wealth Management Program
- Annual fee of 0.90% of account value, billed quarterly in arrears, with a $5,000 minimum per account.
Daniel Platt owns 25% to 50% of Neumann Capital Management. The leadership team of Neumann Capital Management includes Chief Compliance Officer Caroline Gorham. It has 4 employees.
Leadership
- Caroline GorhamPartner & Chief Compliance Officer
- Ekaterina AtanassovPartner
- Daniel PlattPartner
Investment adviser representatives
3 representatives listed in the SEC register as of 9 October 2026.
Staff
- 4 employees
- 4 in advisory functions
- 3 state-registered reps
- Owns 25% to 50% of Neumann Capital Management, LLC
Daniel Platt
Control person · since January 2021
- Owns 25% to 50% of Neumann Capital Management, LLC
Caroline Gorham
Control person · since January 2021
- Owns 25% to 50% of Neumann Capital Management, LLC
Ekaterina Atanassov
Control person · since January 2021
Neumann Capital Management’s regulatory assets grew from $439M (March 2021) to $630M (August 2026); clients rose from 156 to 191 and employees fell from 6 to 4.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| August 2026 | $630M | 191 | 4 | 5 |
| June 2025 | $569M | 182 | 4 | 5 |
| March 2024 | $506M | 175 | 4 | 1 |
| July 2023 | $444M | 173 | 6 | 1 |
| March 2022 | $515M | 164 | 6 | 1 |
| March 2021 | $439M | 156 | 6 | 1 |
Besides its headquarters, Neumann Capital Management has 4 offices (3 private residences, listed without an address), with 2 listed addresses in California.
California · 2 listed addresses
- 303 Vintage Park Drive, Suite 100, Foster CityHQ
- 1211 Newell Avenue, Walnut Creek
Contact and registration details
- Legal name
- Neumann Capital Management, LLC
- Headquarters
- 303 Vintage Park Drive, Suite 100, Foster City, CA 94404-1167
- Website
- neumanncapital.com
- Phone
- 650-548-9200
- @neumann-capital-management
- SEC file
- 801-41001
- Founded
- 1990
- Structure
- California LLC
- Fiscal year end
- December
Neumann Capital Management uses Charles Schwab ($629M) as custodian for its separately managed accounts. Neumann Capital Management has custody of $24.2M in client assets for 17 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $629M100%
At year end, Neumann Capital Management’s separately managed accounts were mostly in funds (73%) and stocks (25%). Its reported 13F holdings for the quarter ended 30 June 2026 total $151M across 58 positions; the largest are iShares TR (11.6%), Vanguard BD Index Fds (11.1%) and iShares TR (10.6%).
What the accounts hold
- Stocks25%
- Funds73%
- Cash2%
Reported 13F holdings
- $151M
- Reported 13F value
- 58
- Positions
- 57.4%
- In the 10 largest
- −55.5%
- Value vs. prior quarter
- iShares TR · Core S&P Scp ETF11.6%
- Vanguard BD Index Fds · Intermed Term11.1%
- iShares TR · Core S&P Mcp ETF10.6%
- Vanguard Index Fds · Real Estate ETF3.9%
- iShares TR · Core S&P US Gwt3.5%
- iShares TR · S&P Sml 600 Gwt3.5%
- iShares TR · S&P MC 400gr ETF3.4%
- Vanguard Index Fds · S&P 500 ETF Shs3.4%
- iShares TR · Esg MSCI Kld ETF3.3%
- Vanguard BD Index Fds · Short Trm Bond3.1%
Together, the ten largest are 57.4% of reported value.
How many clients does Neumann Capital Management have?
Neumann Capital Management has 191 clients and manages $630 million for them, as of August 2026. They include 128 high-net-worth individuals and 63 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 26 August 2026
What services does Neumann Capital Management offer?
Neumann Capital Management provides financial planning, portfolio management for individuals and small businesses, education planning, estate planning, insurance, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
Which custodians does Neumann Capital Management use?
Neumann Capital Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $629M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 26 August 2026
How many financial advisors does Neumann Capital Management have?
Neumann Capital Management has 3 investment adviser representatives registered with state securities authorities, out of 4 employees, and 4 perform investment advisory functions. None are registered representatives of a broker-dealer or 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 Neumann Capital Management invest in?
At the end of its last fiscal year, Neumann Capital Management’s separately managed accounts held 73% registered funds (mutual funds, ETFs, BDCs), 25% exchange-traded equities and 2% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Neumann Capital Management?
Neumann Capital Management’s direct owners are Daniel Platt, Caroline Gorham and Ekaterina Atanassov, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 26 August 2026
How does Neumann Capital Management get paid?
Neumann Capital Management is paid through a percentage of assets under management. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
Is Neumann Capital Management registered with the SEC?
Yes, Neumann Capital Management has been registered with the SEC as an investment adviser since 13 March 1992. Its CRD number is 112182 and its SEC file number is 801-41001.
Source: Form ADV Part 1A, Item 1, filed 26 August 2026; IAPD firm record
How do I contact Neumann Capital Management?
Neumann Capital Management’s main office is at 303 Vintage Park Drive, Suite 100, Foster City, CA 94404-1167. Its phone number is 650-548-9200. Its website is neumanncapital.com.