Perini Capital provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, and portfolio management for institutions. The firm advises 6 private funds.
Perini Capital reports 71 clients. They include 50 high-net-worth individuals, 14 individual clients and 6 pooled investment vehicles. Of its assets, 57.2% ($164M across 68 accounts) are managed with discretion; $123M across 3 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 20% | <1% |
| High-net-worth individuals | 70% | 33% |
| Investment companies | 1% | 16% |
| Pooled investment vehicles | 8% | 51% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 14 | $1.57M | 0.5% | $112K |
| High-net-worth individuals | 50 | $93.3M | 32.5% | $1.87M |
| Investment companies | 1 | $47.1M | 16.4% | $47.1M |
| Pooled investment vehicles | 6 | $145M | 50.5% | $24.2M |
| Total | 71 | $287M | 100% | $4.04M |
- Clients
- 14
- Regulatory AUM
- $1.57M
- AUM share
- 0.5%
- Avg. per client
- $112K
- Clients
- 50
- Regulatory AUM
- $93.3M
- AUM share
- 32.5%
- Avg. per client
- $1.87M
- Clients
- 1
- Regulatory AUM
- $47.1M
- AUM share
- 16.4%
- Avg. per client
- $47.1M
- Clients
- 6
- Regulatory AUM
- $145M
- AUM share
- 50.5%
- Avg. per client
- $24.2M
Total
- Clients
- 71
- Regulatory AUM
- $287M
- AUM share
- 100%
- Avg. per client
- $4.04M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 6
- Financial planning clients last fiscal year
- 0
Perini Capital 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.
Michael Perini owns 75% or more of Perini Capital. Michael Perini is CEO; the leadership team includes Chief Compliance Officer Caleb Chambers. It has 5 employees, 2 of them in advisory roles.
Leadership
- Michael PeriniPresident and Chief Executive Officer | Managing Member
- Caleb ChambersChief Compliance Officer
Investment adviser representatives
3 representatives listed in the SEC register as of 9 October 2026.
- Alexander Borlenghi
- Michael Eissey Ciklin MR.
- Michael Desmond Perini
Staff
- 5 employees
- 2 in advisory functions
- 3 state-registered reps
- Owns 75% or more of Perini Capital, LLC
Michael Perini
Control person · since June 2011
Perini Capital’s regulatory assets grew 1.9× from $152M (July 2021) to $287M (April 2026); clients were 71 in both filings and employees were 5 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| April 2026 | $287M | 71 | 5 | 1 |
| March 2025 | $217M | 55 | 7 | 2 |
| July 2024 | $161M | 46 | 6 | 3 |
| May 2023 | $102M | 69 | 6 | 4 |
| June 2022 | $159M | 73 | 7 | 3 |
| July 2021 | $152M | 70 | 5 | 3 |
Besides its headquarters, Perini Capital has 0 offices, with 1 listed address in New Mexico.
New Mexico · 1 listed address
- 910 West Pierce Street, Suite 225, CarlsbadHQ
Contact and registration details
- Legal name
- Perini Capital, LLC
- Headquarters
- 910 West Pierce Street, Suite 225, Carlsbad, NM 88220
- Website
- perinicapital.com
- Phone
- 575-725-1978
- @perinicapitalllc
- SEC file
- 801-120968
- Structure
- New Mexico LLC
- Fiscal year end
- December
Perini Capital uses US Bank ($94.9M) as custodian for its separately managed accounts. Perini Capital has custody of $22.1M in client assets for 3 clients.
- US BankUS Bank · Minneapolis, MN · $94.9M100%
At year end, Perini Capital’s separately managed accounts were mostly in bonds (82%) and cash (15%).
What the accounts hold
- Stocks3%
- Bonds82%
- High-yield corporate bonds80%
- U.S. government and agency bonds2%
- Cash15%
How many clients does Perini Capital have?
Perini Capital has 71 clients and manages $287 million for them, as of April 2026. They include 50 high-net-worth individuals, 14 individual clients and 6 pooled investment vehicles.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 14 April 2026
What services does Perini Capital offer?
Perini Capital 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 Perini Capital use?
Perini Capital’s separately managed account assets are held at US Bank (Minneapolis, MN), with $94.9M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 14 April 2026
How many financial advisors does Perini Capital have?
Perini Capital has 3 investment adviser representatives registered with state securities authorities, out of 5 employees, and 2 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 Perini Capital invest in?
At the end of its last fiscal year, Perini Capital’s separately managed accounts held 80% high-yield corporate bonds, 15% cash and equivalents, 3% exchange-traded equities and 2% U.S. government and agency bonds. It advises 6 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 Perini Capital?
Perini Capital’s direct owner is Michael Perini (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 14 April 2026
How does Perini Capital get paid?
Perini Capital 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 Perini Capital?
Perini Capital’s main office is at 910 West Pierce Street, Suite 225, Carlsbad, NM 88220. Its phone number is 575-725-1978. Its website is perinicapital.com.