TR Capital Management provides portfolio management for individuals and small businesses and portfolio management for pooled vehicles. The firm advises 3 private funds.
TR Capital Management reports 7 clients. They include 4 pooled investment vehicles and 3 other clients. Of its assets, 100.0% ($166M across 7 accounts) are managed with discretion. Of its clients, 14% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Pooled investment vehicles | 57% | 80% |
| Other | 43% | 20% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 4 | $132M | 79.6% | $33.1M |
| Other | Fewer than 5 | $34M | 20.4% | $11.3M |
| Total | 7 | $166M | 100% | — |
- Clients
- 4
- Regulatory AUM
- $132M
- AUM share
- 79.6%
- Avg. per client
- $33.1M
- Clients
- Fewer than 5
- Regulatory AUM
- $34M
- AUM share
- 20.4%
- Avg. per client
- $11.3M
Total
- Clients
- 7
- Regulatory AUM
- $166M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 14%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 3
TR Capital Management 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.
TR Holdings LP owns 75% or more of TR Capital Management and is in turn owned by Terrel Ross (75% or more). Terrel Ross is CEO; the leadership team includes Chief Financial Officer Michael Siegel and Chief Compliance Officer Aaron Rosenthal. It has 8 employees, 2 of them in advisory roles.
Staff
- 8 employees
- 2 in advisory functions
- 1 soliciting firm
- Owns 75% or more of TR Capital Management, LLC
TR Holdings LP
Control person · since June 2010
- Owns 75% or more of TR Holdings LP
Terrel Ross
Control person · since September 2009
TD Ross Management Corp
Manager · Control person · since June 2010
TR Capital Management’s regulatory assets grew 2.8× from $58.9M (March 2021) to $166M (March 2026); clients were 7 in both filings and employees rose from 7 to 8.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $166M | 7 | 8 | 1 |
| Mar 2025March 2025 | $150M | 7 | 7 | 1 |
| Mar 2024March 2024 | $133M | 4 | 7 | 1 |
| Mar 2023March 2023 | $101M | 7 | 6 | 1 |
| Mar 2022March 2022 | $74.6M | 7 | 6 | 1 |
| Mar 2021March 2021 | $58.9M | 7 | 7 | 1 |
Besides its headquarters, TR Capital Management has 0 offices, with 1 listed address in 1 state.
New York · 1 listed address
- 100 Merrick Road, Suite 308e, Rockville CentreHQ
Contact and registration details
- Legal name
- TR Capital Management, LLC
- Headquarters
- 100 Merrick Road, Suite 308e, Rockville Centre, NY 11570
- Website
- trcmllc.com
- Phone
- 516-255-1801
- SEC file
- 801-76729
- Structure
- New York LLC
- Fiscal year end
- December
TR Capital Management’s named custodians for separately managed accounts are Wilmington Trust ($6.7M, 68%), M&T Bank ($1.88M, 19%) and J.P. Morgan ($1.34M, 13%). TR Capital Management has custody of $150M for 7 clients.
- J.P. MorganJP Morgan Chase Bank · New York, NY · $1.34M13%
- M&T BankM&T Bank Corporation · Buffalo, NY · $1.88M19%
- Wilmington TrustWilmington Trust Company · Wilmington, DE · $6.7M68%
At year end, TR Capital Management’s separately managed accounts were largely in cash (11%).
What the accounts hold
- Cash11%
- Other89%
- Trade claims and callable capital held by client89%
How many clients does TR Capital Management have?
TR Capital Management has 7 clients and manages $166 million for them, as of March 2026. They include 4 pooled investment vehicles and 3 other clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 27 March 2026
What services does TR Capital Management offer?
TR Capital Management provides portfolio management for individuals and small businesses and portfolio management for pooled vehicles.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does TR Capital Management use?
TR Capital Management’s separately managed account assets are held at Wilmington Trust Company (Wilmington, DE), with $6.7M, M&T Bank Corporation (Buffalo, NY), with $1.88M and JP Morgan Chase Bank (New York, NY), with $1.34M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 27 March 2026
How many financial advisors does TR Capital Management have?
TR Capital Management has 0 investment adviser representatives registered with state securities authorities, out of 8 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 TR Capital Management invest in?
At the end of its last fiscal year, TR Capital Management’s separately managed accounts held 89% other and 11% cash and equivalents. The 89% other category is described as: Trade Claims and Callable Capital Held by Client. It advises 3 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 TR Capital Management?
TR Capital Management is owned through a holding company by Terrel Ross. Its direct owner is TR Holdings LP (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 27 March 2026
How does TR Capital Management get paid?
TR Capital Management 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 TR Capital Management?
TR Capital Management’s main office is at 100 Merrick Road, Suite 308e, Rockville Centre, NY 11570. Its phone number is 516-255-1801. Its website is trcmllc.com.