Neumeier Poma Investment Counsel

What Neumeier Poma Investment Counsel does

Neumeier Poma Investment Counsel, LLC is a privately held, 100% employee-owned registered investment advisor founded in 1985 in Carmel, California. The firm provides investment advisory and portfolio management services to a limited roster of individual and institutional clients, applying a long-only small cap value strategy to equities with $500 million to $4 billion in market capitalization. The investment team, led by founding partner Peter Neumeier (41 years of tenure) and partner Brian Poma (26 years of tenure), conducts bottom-up fundamental research to identify companies that are undervalued, misunderstood, or under-covered by major Wall Street research. The firm reports positive net returns in 35 of the past 40 years, with a 26-year verified track record.

The firm operates with minimal marketing and distribution infrastructure, relying on direct client relationships and referrals rather than active solicitation. As of March 31, 2026, the firm managed $1.4 billion in assets under management and is "currently open with limited availability to new clients." Revenue is generated from AUM-based advisory fees typical of a registered investment advisor; specific fee schedules are disclosed only in the firm's ADV Part 2A brochure. There is no public pricing, no platform integrations, no APIs, and no technology product — the underlying capability is the human-led research process and the principals' tenure.

The firm distinguishes itself through a 40-year operating history, employee ownership, and an embedded community-giving program that donates 5% of annual net profits to roughly 40 local Monterey County non-profits. It is regulated as an investment advisor (ADV Part 2A and Form CRS filings on file) with no parent company, no subsidiaries, no external funding, and no M&A activity disclosed. The firm's strategic posture is best characterized as a stable, relationship-driven boutique rather than a growth-oriented asset manager.

Name

Neumeier Poma Investment Counsel

Legal name

Neumeier Poma Investment Counsel, LLC

Website

https://npsmallvalue.com

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

11–50 employees

Short description

Neumeier Poma Investment Counsel is a 100% employee-owned, SEC-registered investment advisor in Carmel, California that manages $1.4 billion in long-only small cap value portfolios for a limited roster of individual and institutional clients using fundamental, bottom-up research.

Ownership category

akta.pro rank

Product category

Investment Advisory & Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394)

SIC

Investment Advice (6282)

akta.pro primary industry

Small-Cap Equity (Active) (FSAAAIAC)

akta.pro secondary industry

Investment Management Advisory (RIA) (FSAEAAAB)

Keywords

• Investment advisory services
• Small cap value investing
• Portfolio management
• Asset management
• Equity research

Headquarters

HQ city

Carmel

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Investment Advisory Services: The firm generates revenue through investment advisory and asset management fees, managing $1.4 billion in firm assets for clients. As a registered investment advisor, revenue is derived from AUM-based fees charged to clients for portfolio management services.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Neumeier Poma Investment Counsel provides investment advisory and portfolio management services focused on a long-only small cap value strategy. The firm manages $1.4 billion in client assets by identifying undervalued, misunderstood, and under-researched U.S. small cap stocks (~$500 million to $4 billion market capitalization) through bottom-up fundamental research, with the goal of preserving capital and outperforming value benchmarks over the long term.

Product overview

Neumeier Poma Investment Counsel offers investment advisory and portfolio management services centered on a small cap value, long-only investment strategy. The firm manages $1.4 billion in assets (as of March 31, 2026) and provides regulatory disclosure documents including ADV Part 2A and Form CRS. The investment approach focuses on identifying undervalued small cap stocks ($500 million to $4 billion market cap) that are misunderstood or under-researched by Wall Street.

Differentiator

Problem solved

Functional benefit

Products and services

• Investment Advisory Services Investment advisory services focused on small cap value investing, targeting U.S. stocks with $500 million to $4 billion market capitalization that are undervalued, misunderstood, or ignored by major Wall Street firms. Provided to individual and institutional investors.
• Portfolio Management Long-only small cap value portfolio management with a disciplined, risk-managed investment process designed to preserve client capital while outperforming value benchmarks and peer groups over long-term periods.

Quantifiable outcome

• Positive net returns generated in 35 of the past 40 years
• +1 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves5 records

Expansion highlights3 records

Direct peers

• Brandes Investment Partners: Value-oriented boutique active manager applying fundamental Graham-and-Dodd research to global, international, and U.S. value equities including small cap. Comparable in fundamental value approach and boutique structure.
• Kalmar Investments: Boutique active manager focused on U.S. small and mid cap value with a long-term, fundamental research-driven approach. Directly comparable to NPIC in mandate size, style, and boutique positioning.
• Westwood Holdings Group: Asset manager offering small cap value, smid cap value, and other value equity strategies through institutional and intermediary channels. Comparable as a focused small cap value active manager serving institutional clients.
• Perkins Investment Management: Small cap and small/mid cap value specialist following a contramental, fundamental bottom-up approach. Direct competitor to NPIC in targeting under-researched small cap value opportunities for long-term capital appreciation.
• Vaughan Nelson Investment Management: Employee-owned active manager specializing in small cap, SMID cap, and value equity strategies. Direct peer in boutique active value investing with comparable security selection philosophy.
• First Pacific Advisors: Employee-owned boutique active manager offering value, small cap, and other concentrated equity strategies. Similar structure, employee ownership model, and fundamental value philosophy to NPIC.
• Ariel Investments: Employee-owned boutique active manager with a deep value and small/mid-cap orientation. Similar structure (100% employee-owned), similar focus on fundamental research, and a comparable client base of long-term individual and institutional investors.
• Royce Investment Partners: Long-standing specialist in small cap and small/mid-cap value investing with a fundamental, bottom-up research approach. Highly comparable to NPIC in mandate focus, security-selection style, and boutique active-manager positioning.

Emerging players

• Tributary Capital Management: Smaller boutique specializing in small cap value with a concentrated, fundamental approach. Comparable niche competitor with a similar bottom-up philosophy but a smaller AUM base.

Broad incumbents

• Dimensional Fund Advisors: Large, established asset manager offering systematic small cap value strategies. Represents the larger, more diversified incumbent competing for the same small cap value allocation dollars with a fundamentally different (systematic) approach.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/neumeier-poma-investment-counsel

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Neumeier Poma Investment Counsel