New Vernon Wealth Management Llc
- Regulatory AUM
- $781M
- Discretionary
- $781M
- Clients
- 187
- Avg AUM / client
- $4.2M
- Accounts
- 443
- Employees
- 8
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Mar 31, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 90 | $33.9M | 4.34% |
| High net worth individuals | 97 | $747M | 95.7% |
People (5)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Daniel Mark Shapiro | Member, Manager, Trustee Of Daniel Shapiro Gift Trust | Jan 2013 (14y) | 10% – 25% | |
| Just, Gary, Alan | Chief Financial Officer, Chief Compliance Officer | Jan 2013 (14y) | Less than 5% | |
| Shapiro, Steven, Arthur | Member, Manager, Chief Investment Officer, Trustee Steven Shapiro Gift Trust | Jan 2013 (14y) | 10% – 25% | |
| Zakaria, Arshad, Rafiq | Member | Jan 2013 (14y) | ≈ 6.25% – 25% via Nv Capital Holdings Ii, Llc | |
| Zakaria, Mansoor, Rafiq | Member, Manager | Jan 2013 (14y) | 25% – 50% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Nv Capital Holdings Ii, Llc | Member | Jan 2013 | A | 25% – 50% |
| Daniel Shapiro Gift Trust | Member Trustee Is A Control Person | Jan 2013 | A | 10% – 25% |
| Steven Shapiro Gift Trust | Member Trustee Is A Control Person | Jan 2013 | A | 10% – 25% |
Undisclosed: 0% – 10% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Zakaria, Arshad, Rafiq: 25% – 50% of Nv Capital Holdings Ii, Llc × 25% – 50% direct ≈ 6.25% – 25% of the firm
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.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/31/2026 | 1.17 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
Services
- • Portfolio management for individuals/small businesses
Custody
Reported custodians
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have 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: Mar 31, 2026.
View current Form ADV (SEC/IAPD) ↗