Item 5 – Fees and Compensation
NACP does not accept any form of commission related to the purchase and sale of any security
held in a client account subject to management, supervision, or oversight by NACP.
NACP is compensated, generally, as a function of the client’s portfolio size and complexity. All
fees may be negotiated based upon the size and complexity of client accounts. Customarily,
new individual clients may be invoiced at an annual rate of 1% per annum. High Net Worth clients
may receive fee invoices that are generally below this level. Institutional clients generally receive
invoice rates that are materially below those charged to High Net Worth Investors.
As of this ADV update, standard annual fee schedules are in effect for individual, High Net Worth
Individual, and non-municipal institutional clients is as follows:
Fee Rate (%) Portfolio Size
Quarterly Annual From To
0.4375 1.75 $ - $ 250,000
0.375 1.5 $ 250,000 $ 500,000
0.3125 1.25 $ 500,000 $ 1,000,000
0.1875 0.75 $ 1,000,000 unlimited
Alternatively, many clients are offered a simple fee structure of 1% of assets managed. Clients
are billed according to the fee schedule based upon the value of their account(s) including accrued
interest, cash and equivalents as further outlined in their specific engagement documents. Fees
for some accounts may be rounded to the nearest whole Dollar in our billing software. Generally,
fees are invoiced on a calendar quarter cycle, four times per year. Clients may choose to be
invoiced in “advance” or in “arrears” at the inception of an advisory relationship. Fees are
considered due and payable when invoiced. Fees will be adjusted to reflect pro rata billings in the
event of a new or closed account under a “billing in advance” or a “billing in arrears” format.
Thus, clients choosing to terminate an engagement with a “billing in advance” format will be
offered a refund for the number of days remaining in a given billing cycle upon request. Also,
New Albany Capital Partners, LLC
SEC Form ADV Part 2A; March 26, 2026
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clients choosing to terminate an engagement with a “billing in arrears” format may be invoiced
for services provided to and including the date of termination.
Clients will be asked to have NACP’s advisory fees automatically deducted from client accounts
through their Qualified Custodian; advisory fees in these cases are noted quarterly on account
statements provided directly to clients by their Qualified Custodian. Currently, Charles Schwab
& Co., Inc., acts as a qualified custodian for all NACP clients.
Client accounts are charged directly for all brokerage commissions, custody fees, mutual fund
management fees, administrative charges, and similar services by their qualified custodian
The deduction of advisory fees, custodial fees, brokerage fees, mutual fund management fees,
administrative charges, and other charges deducted from a client’s account negatively affect
performance versus accounts that are not charged brokerage fees, custodial fees, advisory fees,
mutual fund management fees, administrative charges, or a combination of any of these
expenses.
As to trade errors, NACP shall reimburse client accounts for losses resulting from its trade errors
but is not required to credit accounts in cases for which errors result in a market gain to the
affected client(s). Small gains may be donated to a charity chosen by either the Registrant or the
client’s qualified custodian.
Item 6- Performance Fees and Side-by-Side Management
NACP does not charge performance based fees for any clients.