SourcingSourcing

SHAH CAPITAL MANAGEMENT, INC

C50
CRD 133941·SEC 801-63881·RALEIGH, NC
AUM
$768.0M
$500M-$1B
Est. Revenue
$7.7M
@ 1% on AUM
Est. EBITDA
$2.3M
@ 30% margin
Est. Deal Value
$18.4M
@ 8× EBITDA

Identity

Registrations & legal identity

Legal name
SHAH CAPITAL MANAGEMENT, INC
CRD
133941
SEC file #
801-63881
EIN
—
DBA names
Shah Capital Management

Economics

AUM
$768.0M
AUM band
$500M-$1B
AUM trajectory
'20'26
$281.5M → $768.0M▲ +173%
Client mix
Individuals High Net Worth27
Individuals Other23
Other6
Pooled Investment Vehicles1

Operations

Employees (total)
4
Advisory staff (per ADV)
2
Advisory staff (5-yr trend)
'20'26
1 advisors → 2 advisors▲ +100%
Primary office
RALEIGH NC
Branches
—

Custodian & Brokerage

Primary custodian
Charles Schwablow confidence
Services offered
Portfolio mgmt — individualsPortfolio mgmt — pooled vehicles
Fee basis
% of AUMPerformance-based fees

Filings

Latest ADV filing
02/23/2026
ADV-W filed at
—
Website
linkedin.com/company/shah-capital(social)

Compliance

Disclosures (firm)
0
Trademark
—
Additional signalsExpand ▾

Ownership & succession ★

Who controls the firm + pre-computed succession flags

Top Owner Name
SHAH, HIMANSHU, HARSHAD
Top Owner Pct
87.5
Top Owner Entity Kind
I
Owner Count
2
Control Persons
SHAH, HIMANSHU, HARSHAD
RAO, CHAYA, NMN
Solo Advisor Indicator
No
Succession Risk Solo Owner
Yes
Is Parent Owned Subsidiary
No

Availability / M&A ★

Already-acquired = skip; deal comps

Adv W Filed
No

Web presence ★

Stale website = winding down

Web Signal Quality
fallback_guess:shah.com

Retirement-plan book (Form 5500) ★

401(k)/plan business — cross-sell value

Retirement Plan Book
No

SEC EDGAR

Edgar Registered
No

Compliance & brand

Firm Registration Status
active

All other collected signals (9)

Everything else we've pulled for this record, not yet curated into a section.

Adv W Recently Filed
No
Bc Firm Active Bc Count
0
Bc Firm Active IA Count
1
Bc Firm IAR Count
1
Custodian Candidates
Full
Charles Schwab6
E*trade4
Firm Has Custody
Yes
Mailing Office Differs
No
Top Owner CRD
2121411
Trust Company Affiliate
No

People (2)

2
SHAH, HIMANSHU, HARSHAD
IAR · Direct Owner · 87.5%
2121411
RAO, CHAYA, NMN
Executive Officer · 2.5%
5486956