Purpose Capital Management, LLC

RIASEC Registered

Total AUM

$2B

Discretionary

0% of AUM

Avg account

$182M

Accounts

Employees

Advisory reps

Firm details

Headquarters: Dallas, Texas
CRD number: 343181
Registered since: October 8, 2026
Custodians: GOLDMAN SACHS & CO. LLC, J.P. MORGAN SECURITIES INC., CITIBANK, N.A. (CITI PRIVATE BANK), UBS FINANCIAL SERVICES INC., FROST BROKERAGE SERVICES, INC.
Fee structure: Percentage of AUM, Fixed Fees, Performance Based Fees
Client types: HNWI100%
Services: Financial PlanningPortfolio Management for IndividualsSelection of Other AdvisersEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Purpose Capital Management, LLC is an independent registered investment adviser organized as an LLC and registered with the SEC in 2026. The firm positions itself as a capital allocator for individual and family clients, combining financial planning and portfolio management with selection-of-other-advisers services and educational seminars. Its advisory offering spans fee models—percentage of AUM, fixed fees, and performance-based fees—which can support both traditional advisory mandates and manager-of-managers arrangements. Advisory activities listed in filings include financial planning, portfolio management for individuals and small businesses, selecting third-party advisers, and running client education programs. The firm is not identified as an active ESG investor and is not described as a multi-state or pension consultant adviser.