Newsouth Capital Management Inc
- Regulatory AUM
- $2.2B
- Discretionary
- $2.2B
- Clients
- 157
- Avg AUM / client
- $14.2M
- Accounts
- 157
- Employees
- 11
AUM over time
Annual snapshots from Form ADV filings · as of Jun 29, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 6 | $2.3M | 0.1% |
| High net worth individuals | 99 | $628M | 28.1% |
| Pooled investment vehicles (non-investment companies) | 1 | $119M | 5.32% |
| Pension and profit sharing plans | 6 | $406M | 18.2% |
| Charitable organizations | 33 | $603M | 27.0% |
| State or municipal government entities | 4 | $327M | 14.7% |
| Corporations and other businesses | 6 | $121M | 5.41% |
| Other | 2 | $27.2M | 1.22% |
Private funds (1)
Reported in Form ADV Section 7.B.(1), filing of Jun 2024 · $109M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Newsouth Special Equities, Lp | Hedge Fund | Tennessee | $109M | 37 |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Boyle Investment Company Retirement Savings Plan & Trust Boyle Investment Company | 2024 |
People (11)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| David Stephen Morrow | Director, President, Co Cio | CFA | Jun 1985 (41y) | 25% – 50% |
| Gillespie, Paul, Trowbridge | Shareholder | Jun 1985 (41y) | 25% – 50% | |
| Patrick John Danehy | Chief Compliance Officer | CFA | Feb 1995 (31y) | 5% – 10% |
| Newman, David, Michael | Director, Chief Financial Officer | Apr 1995 (31y) | Less than 5% | |
| Alexander Duncan Mclean | Director, Executive Vice President, Co Cio | CFA | Jun 1999 (27y) | 10% – 25% |
| Wilds, David, Massey | Shareholder | Oct 2007 (19y) | 10% – 25% | |
| Simpson, Stephanie, Ann | Chief Administrative Officer | Nov 2019 (7y) | Less than 5% | |
| Andrew Leigh Macqueen | Registered representative | CFA | Jan 1998 (29y) | |
| Andrew Blake Rutlin | Registered representative | CFA | Oct 2012 (14y) | |
| Michael Nelson Bailey | Registered representative | CFA | Jul 2014 (12y) | |
| Paul R Shifflet | Registered representative | CFA | Jul 2021 (5y) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (1, $109M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Newsouth Special Equities, Lp | Hedge Fund | $109M | $500K | 37 |
From Form ADV Section 7.B private fund reporting.
Retirement plans served (1)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Boyle Investment Company Retirement Savings Plan & Trust | Boyle Investment Company | 134 | $82.2M | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 06/29/2026 | 1.2 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- J.P. Morgan $571M (16% of AUM) Jul 2021
- Northern Trust $547M (24% of AUM) Jun 2026
- Fifth Third Bank $398M (17% of AUM) Jun 2020
- State Street $338M (15% of AUM) Jun 2026
- Raymond James $293M (13% of AUM) Jun 2026
- BNY Mellon $283M (13% of AUM) Jun 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jun 29, 2026.
View current Form ADV (SEC/IAPD) ↗