{"url":"https://nivawealth.com/firms/trp-capital-advisors-v-306604","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/306604","regulatoryAum":690991189,"crd":"306604","history":[{"filedOn":"2021-03-24","regulatoryAum":139230073,"clients":3,"employees":8,"offices":1},{"filedOn":"2022-03-30","regulatoryAum":210088738,"clients":9,"employees":9,"offices":1},{"filedOn":"2023-03-30","regulatoryAum":278006579,"clients":10,"employees":9,"offices":1},{"filedOn":"2024-03-28","regulatoryAum":299935429,"clients":10,"employees":10,"offices":1},{"filedOn":"2025-03-28","regulatoryAum":636979808,"clients":10,"employees":11,"offices":1},{"filedOn":"2026-03-30","regulatoryAum":690991189,"clients":14,"employees":11,"offices":1}],"secFileNumber":"801-118481","legalName":"TRP Capital Advisors V, LLC","displayName":"TRP Capital Advisors V","slug":"trp-capital-advisors-v-306604","website":null,"classification":{"segment":"private_funds","segmentLabel":"Private funds","type":"private_fund_manager","typeLabel":null,"feeDisclosure":"payment_only"},"founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"380 N Old Woodward Avenue, Ste 205","city":"Birmingham","state":"MI","stateName":"Michigan","country":"United States","postalCode":"48009"},"tradeNames":["TRP Capital Partners"],"registration":{"secApproved":"20 April 2020","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":null,"staff":{"employees":11,"advisory":9,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":690991189,"discretionary":690991189,"discretionaryAccounts":14,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":14,"regulatoryAum":690991189}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[],"custodyNote":"TRP Capital Advisors V has custody of $691M in client assets for 14 clients.","otherCustodians":[],"leadership":[{"name":"Karen Supina","title":"Chief Compliance Officer","crd":"6027559"},{"name":"Steven Carrel","title":"Partner","crd":"2777677"},{"name":"Michael Dirienzo","title":"Partner","crd":"4425805"},{"name":"David Mitchell","title":"Managing Partner","crd":"6027558"}],"ownership":[{"label":"David Mitchell","detail":"Managing partner in the 25% to 50% ownership band and a control person, since December 2019."},{"label":"Steven Carrel","detail":"Partner in the 25% to 50% ownership band and a control person, since December 2019."},{"label":"Michael Dirienzo","detail":"Partner in the 25% to 50% ownership band and a control person, since December 2019."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Michigan","offices":1,"addresses":[{"street":"380 N Old Woodward Avenue, Ste 205","city":"Birmingham","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"248-648-2358","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees","Other"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)"],"financialPlanningClients":null,"assetMix":[],"privateFunds":11},"sources":{"adv1FilingDate":"30 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/306604/PDF/306604.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 TRP Capital Advisors V have?","answer":"TRP Capital Advisors V has 14 clients and manages $691 million for them, as of March 2026. They include 14 pooled investment vehicles.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does TRP Capital Advisors V offer?","answer":"TRP Capital Advisors V provides 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":"How many financial advisors does TRP Capital Advisors V have?","answer":"TRP Capital Advisors V has 0 investment adviser representatives registered with state securities authorities, out of 11 employees, and 9 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":"Who owns TRP Capital Advisors V?","answer":"TRP Capital Advisors V’s direct owners are David Mitchell, Steven Carrel and Michael Dirienzo, each holding 50% or less.","source":"Form ADV Part 1A, Schedules A and B, filed 30 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does TRP Capital Advisors V get paid?","answer":"TRP Capital Advisors V is paid through a percentage of assets under management, performance-based fees and other compensation. 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 TRP Capital Advisors V?","answer":"TRP Capital Advisors V’s main office is at 380 N Old Woodward Avenue, Ste 205, Birmingham, MI 48009. Its phone number is 248-648-2358.","source":"Form ADV Part 1A, Item 1.F, filed 30 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."}