SourcingSourcing

MASTERS CAPITAL MANAGEMENT, L.L.C.

C30
CRD 137605·SEC 801-65894·ATLANTA, GA
AUM
$804.6M
$500M-$1B
Est. Revenue
$8.0M
@ 1% on AUM
Est. EBITDA
$2.4M
@ 30% margin
Est. Deal Value
$19.3M
@ 8× EBITDA

Identity

Registrations & legal identity

Legal name
MASTERS CAPITAL MANAGEMENT, L.L.C.
CRD
137605
SEC file #
801-65894
EIN
—
DBA names
—

Economics

AUM
$804.6M
AUM band
$500M-$1B
AUM trajectory
'20'26
$664.3M → $804.6M▲ +21%
Client mix
Pooled Investment Vehicles4

Operations

Employees (total)
17
Advisory staff (per ADV)
13
Advisory staff (5-yr trend)
'20'26
16 advisors → 13 advisors▼ -19%
Primary office
ATLANTA GA
Branches
—

Custodian & Brokerage

Primary custodian
E*Tradelow confidence
Services offered
Portfolio mgmt — pooled vehiclesSelection of other advisers
Fee basis
% of AUMPerformance-based fees

Filings

Latest ADV filing
03/30/2026
ADV-W filed at
—
Website
masterscapital.com

Compliance

Disclosures (firm)
0
Trademark
—
Additional signalsExpand ▾

Ownership & succession ★

Who controls the firm + pre-computed succession flags

Top Owner Name
MASTERS, MICHAEL, WILLINGHAM
Top Owner Pct
62.5
Top Owner Entity Kind
I
Owner Count
4
Control Persons
MASTERS, MICHAEL, WILLINGHAM
DOBBINS, MICHELLE, DEVAULT
Solo Advisor Indicator
No
Succession Risk Solo Owner
No
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
ok
Rdap Domain
MASTERSCAPITAL.COM
Rdap Domain Creation Date
1998-08-27T04:00:00Z
Rdap Firm Age Years
28
Rdap Firm Age Band
20+y
Rdap Registrar
Network Solutions, LLC

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 (14)

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
0
Bc Firm IAR Count
0
Custodian Candidates
Full
E*trade4
Firm Has Custody
Yes
Mailing Office Differs
No
Rdap Domain Expiration Date
2027-08-26T04:00:00Z
Rdap Domain Last Changed
2022-05-10T14:36:43Z
Rdap Nameservers
Ns23.worldnic.comNs24.worldnic.com
Rdap Secure Dns Enabled
No
Rdap Status
Client Transfer Prohibited
Top Owner CRD
1972183
Trust Company Affiliate
No

People (4)

4
MICHAEL WILLINGHAM MASTERS
Direct Owner · 62.5%
1972183
DOBBINS, MICHELLE, DEVAULT
Executive Officer · 2.5%
5058596
GREGORY SCOTT POPE
Executive Officer · 2.5%
1994034
FOSTER, TIMOTHY, JAMES
Executive Officer · 2.5%
4832273