Newmile Capital LLC

RIASEC RegisteredEst. 2025
Total AUM
$294M
Discretionary
$0
0% of AUM
Avg account
$29.4M
Accounts
10
Employees
5
Advisory reps
3

Firm details

Headquarters
,
CRD number
333726
Registered since
January 10, 2025
Custodians
U.S. BANK GLOBAL FUND SERVICES (CAYMAN) LIMITED, SEI GLOBAL SERVICES, INC.
Fee structure
Percentage of AUM, Fixed Fees, Performance Based Fees
Client types
  • Pooled Investment Vehicles71.61%
  • State / Municipal Government28.39%
Services
Portfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Newmile Capital LLC is an institutional-focused investment adviser that manages pooled investment vehicles and provides portfolio management for businesses and institutions. The firm reports an equity-first preference and identifies as an active ESG investor, indicating ESG factors are incorporated into its investment process. Fee arrangements include percentage-of-AUM, fixed fees and performance-based fees, which aligns with a manager that runs both ongoing vehicles and performance-linked strategies. Newmile’s mandate appears centered on managing non-discretionary client capital and advising on pooled structures rather than serving a broad retail base. The firm’s structure and custodial relationships point to a manager that allocates through funds and privately negotiated equity positions more than through public, exchange-traded instruments.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Non-Exchange Traded Equities 100%100%
  • Non-Exchange Traded Equities100%

Owners & executives

1 of 1
  • Eric Bail

    Managing Member And Chief Compliance OfficerCRD 5966337

Contacts

2 of 2
  • Alain Toto

    Managing MemberCRD 4995055

  • John Nelligan

    Managing MemberCRD 2133506

Wealth teams

FINTRX

Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

FINTRX

Location

Primary office

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Location

, null

Headquartered in , null.

Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth