LEONARD M. GOLUB, CFA

Leonard M. Golub (aka Lenny, Len, Leo) is the founder of New Capital, a 20 year industry veteran and independent practice pioneer.  He is a highly accomplished advisor who works closely with New Capital’s clients in all aspects of their financial planning, their investments, and their lives.  He is a CFA (Chartered Financial Analyst) charter holder, a professional member of the Financial Therapy Association, and trained with George Kinder at the Kinder Institute of Life Planning.

Leonard was born in Houston in 1965, and was educated at St. John’s School, Amherst College (BA, 1989), and the University of Texas at Austin McCombs School (MBA, 1999).  He started New Capital Management in 2004 as a family office and has over time organically grown the firm to over 100 client households and $400 million under firm management. 

Prior to starting New Capital, he was a computer network engineer with his own company, NetConnect Systems; and an operations executive in Lastec/Labbco Inc., his family’s consumer products business, which was eventually sold to KIK Custom Products, one of North America’s largest independent manufacturers.

Leonard is an experienced, successful, and versatile investor in a great variety of different areas. He has been a longtime investor in public equities and debt, in both individual companies and in public and private funds of many varieties. He has counseled clients who own businesses on the management, growth, and sale of their businesses, including work with their business, legal, and accounting professionals.

Leonard is highly experienced in the use of advanced wealth management strategies including, among others, securities-based lending; low cost basis stock strategies; family limited partnerships; charitable strategies; life insurance strategies; gifting strategies; use of trusts; and self-directed IRA’s.

Leonard has successfully invested in and is highly familiar with residential real estate, farm and ranch, undeveloped land properties, and commercial real estate. He has been a successful investor in private early stage companies such as BabyCenter, the web’s top interactive parenting network now owned by Johnson & Johnson; NetSpend, a pioneering prepaid debit card company now owned by Western Union, and Taxa Outdoors, the leading maker of advanced mobile habitats, now owned by L Catterton. He is a current investor in BrainCheck, a medical diagnosis software maker; in Ambyint, an oil and gas technology concern; and in Noleus, a medical device company.

Leonard lives in Houston with his wife Hannah, a Licensed Clinical Social Worker in private practice, and two children, Abby and August.  He serves as Chair of the finance committee of the Houston Zen Center, and previously served on the St. John’s School Alumni Board, the board of Air Alliance Houston as Treasurer, and was Board Chair of KPFT 90.1 FM, a member of the Pacifica non-profit public radio network. His family is a member of the Houston Zen Center and Congregation Shema Koleinu.  Leonard’s hobbies include guitar (he is a member of Houston’s Overcommitments), and private land restoration and conservation.

As a practicing Buddhist with a regular meditation practice since 2003, Leonard tries to bring compassion and wisdom to all beings everywhere, including, on a daily basis, in his advisory practice.