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Next Capital Management LLC

Next Capital Management LLC. CRD 110793

Next Capital Management LLC logo

CRD: 110793

Next Capital Management LLC

$2.1B Total AUM
$1.6B Disc. AUM
17.7% 3Y CAGR
23 Employees
325 ADV. Clients
27 yrs Firm Age

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Firm Details

Custodian
Charles Schwab & Company · Fidelity/NFS · Pershing
Clients
Retail and Institutional
Platforms
--
Established Date
03-24-1999
Office Locations
11

Office Locations

Eleven Times Square 15th Floor NEW York NY
-- Bethesda MD
-- Boulder CO

About Next Capital Management LLC

Next Vantage (Next Capital Management, LLC) provides family office-style wealth and investment advisory for ultra high net worth families, especially entrepreneurs and executives. The team coordinates estate, tax, legal, and philanthropic planning alongside clients’ outside professionals and takes a hands-on role breaking down silos, including family governance and disputes. Investment implementation spans public funds and ETFs, with fixed income and select alternatives/digital assets as needed.

Reported data analysis

What the numbers show

Between April 2, 2025 and January 31, 2026, reported AUM increased 19.6%, from $1.8B to $2.1B.

Across 5 reported observations, AUM increased 65.4% between December 22, 2022 and January 31, 2026, from $1.3B to $2.1B.

Of the latest reported AUM, 75.2% is discretionary and 24.8% is non-discretionary.

The firm reports 9 advisory representatives and 325 clients, or 36.1 clients per representative. That equates to $6.6M in reported AUM per client.

The profile lists 11 reported office locations and 27 years in operation. The source data was last updated on January 31, 2026. Figures reflect reported regulatory data and may not include subsequent changes.

Team overview

42 AVG AGE
$237.3M AVG AUM / ADVISOR
$6.6M AVG AUM / CLIENT
4.4 yrs AVG TENURE
23 Employees
9 Advisory Reps
9 RIA Reps
27yrs Firm Age

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Available data coverage

  • Asset Classes
  • Client Personas
  • CRM
  • Custodian
  • Investment Themes
  • Investment Vehicles
  • Services

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Owner & Executives

RYAN WILLIAM DAVIS

RYAN WILLIAM DAVIS

Chief Investment Officer, Financial Advisor, General Partner, President

CRD
#6054044
Ownership
Less than 5%
ANDREW CRAIG HART

ANDREW CRAIG HART

Chief Compliance Officer, Chief Executive Officer, Managing Director

CRD
#1592375
Ownership
Less than 5%

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Contacts

Teresa Denise Armel

Teresa Denise Armel

Wealth Advisor

CRD
#7229554
RYAN WILLIAM DAVIS

RYAN WILLIAM DAVIS

Chief Investment Officer, Financial Advisor, General Partner, President

CRD
#6054044

Showing 2 of 12 contacts

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Assets Under Management

Total AUM
Discretionary
Non-Discretionary
12-22-2022
10-18-2023
10-28-2024
04-02-2025
01-31-2026
Category Assets AVG. Account size
Discretionary $1,605,388,056 $1,322,395
Non-Discretionary $530,093,431 $474,144
Total $2,135,481,487 $915,730

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Separately Managed Accounts

SMA allocation detail is available

Next Capital Management LLC has reported separately managed account data across 6 asset classes. AdvizorPro provides the associated asset values, allocation percentages, and exportable breakdown.

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13F Holdings | Q1 2026

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Next Capital Management LLC's 13F holdings detail is available for Q1 2026, including issuer, security class, CUSIP, ticker, portfolio weight, and reported value.

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