{"url":"https://nivawealth.com/firms/tr-capital-management-164268","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/164268","regulatoryAum":166290787,"crd":"164268","history":[{"filedOn":"2021-03-29","regulatoryAum":58883000,"clients":7,"employees":7,"offices":1},{"filedOn":"2022-03-30","regulatoryAum":74648000,"clients":7,"employees":6,"offices":1},{"filedOn":"2023-03-24","regulatoryAum":100778000,"clients":7,"employees":6,"offices":1},{"filedOn":"2024-03-27","regulatoryAum":133007000,"clients":4,"employees":7,"offices":1},{"filedOn":"2025-03-27","regulatoryAum":149576000,"clients":7,"employees":7,"offices":1},{"filedOn":"2026-03-27","regulatoryAum":166290787,"clients":7,"employees":8,"offices":1}],"secFileNumber":"801-76729","legalName":"TR Capital Management, LLC","displayName":"TR Capital Management","slug":"tr-capital-management-164268","website":"https://trcmllc.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/164268/b22eee3d9d8b9c9b-r1.webp","tone":"dark","width":984,"height":200,"sourceUrl":"https://www.trcmllc.com/","sourceLabel":"TR Capital Management, LLC, website"},"classification":{"segment":"private_funds","segmentLabel":"Private funds","type":"private_fund_manager","typeLabel":null,"feeDisclosure":"payment_only"},"founded":null,"organization":"New York limited liability company","fiscalYearEnd":"December","headquarters":{"street":"100 Merrick Road, Suite 308e","city":"Rockville Centre","state":"NY","stateName":"New York","country":"United States","postalCode":"11570"},"tradeNames":[],"registration":{"secApproved":"8 June 2012","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":null,"staff":{"employees":8,"advisory":2,"brokerDealerReps":0,"insuranceAgents":0,"promoters":1},"aum":{"regulatory":166290787,"discretionary":166290787,"discretionaryAccounts":7,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":14,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":4,"regulatoryAum":132336787},{"label":"Other","clients":3,"fewerThan5":true,"regulatoryAum":33954000}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[{"name":"JP Morgan Chase Bank","shortName":"J.P. Morgan","location":"New York, NY","smaAssets":1336000},{"name":"M&T Bank Corporation","shortName":"M&T Bank","location":"Buffalo, NY","smaAssets":1879000},{"name":"Wilmington Trust Company","shortName":"Wilmington Trust","location":"Wilmington, DE","smaAssets":6702550}],"custodyNote":"TR Capital Management has custody of $150M for 7 clients.","otherCustodians":[],"leadership":[{"name":"Terrel Ross","title":"Chief Executive Officer (Elected Manager)","crd":"4251312"},{"name":"Michael Siegel","title":"Chief Financial Officer (Elected Manager)","crd":"6064238"},{"name":"Aaron Rosenthal","title":"Chief Compliance Officer","crd":""}],"ownership":[{"label":"TR Holdings LP","detail":"100% owner/sole member in the 75% or more ownership band and a control person, since June 2010."},{"label":"Terrel Ross","detail":"Indirect owner: a limited partner of TR Holdings LP in the 75% or more band and a control person, since September 2009. Also a 100% owner/manager of TD Ross Management Corp in the 75% or more band and a control person, since June 2010.","parent":"TR Holdings LP"},{"label":"TD Ross Management Corp","detail":"Indirect owner: manager of TR Holdings LP and a control person, since June 2010.","parent":"TR Holdings LP"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"New York","offices":1,"addresses":[{"street":"100 Merrick Road, Suite 308e","city":"Rockville Centre","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"516-255-1801","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for individuals and/or small businesses","Portfolio management for pooled investment vehicles (other than investment companies)"],"financialPlanningClients":null,"assetMix":[{"label":"Cash and cash equivalents","percent":11},{"label":"Other","percent":89,"detail":"Trade Claims and Callable Capital Held by Client"}],"privateFunds":3},"sources":{"adv1FilingDate":"27 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/164268/PDF/164268.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-21","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does TR Capital Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does TR Capital Management offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does TR Capital Management use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does TR Capital Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does TR Capital Management invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns TR Capital Management?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does TR Capital Management get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact TR Capital Management?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 27 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}