← Tributary

TRUE PARTNER CAPITAL USA

CHICAGO, IL · CRD 283176 · IAPD ↗ · truepartnercapital.com · 312-961-5596

$145.6MRegulatory AUM
1Advisory reps
1Employees
0Clients
n/aPlanning clients
0Private funds
1States
0Disclosures
institutionalSegment
ApprovedSEC status

Filing changes

50
May 2026 — TRUE PARTNER CAPITAL USA (CHICAGO, IL) left the SEC roster (was $145.6M RAUM, 1 reps).
Firm dropped off the SEC roster: closed, merged, fell below $100M and moved to state registration, or a 120-day provisional registration lapsed.
Recruiting & transitionsM&A & valuation
35
April 2026 — TRUE PARTNER CAPITAL USA reported RAUM down 51% ($295.7M -> $145.6M).
Regulatory AUM down >=25% since last filing.
M&A & valuationRecruiting & transitions
33
April 2025 — TRUE PARTNER CAPITAL USA reported RAUM down 53% ($626.2M -> $295.7M).
Regulatory AUM down >=25% since last filing.
M&A & valuationRecruiting & transitions
33
April 2024 — TRUE PARTNER CAPITAL USA reported RAUM down 44% ($1.13B -> $626.2M).
Regulatory AUM down >=25% since last filing.
M&A & valuationRecruiting & transitions
38
April 2024 — TRUE PARTNER CAPITAL USA shrank from 7 to 2 advisory reps.
Advisory representative count fell materially — advisors are moving, or the firm is shrinking.
Recruiting & transitionsM&A & valuation

Data: SEC Form ADV monthly roster (public). Confirm on IAPD before acting.