Mentoring profiles such as core and capital mentoring (Gowdy, 2019) have been developed to better capture the dynamics of mentoring relationships and have been used to predict youth outcomes. However, emerging literature suggests these conceptualizations may not fully reflect the complexity of mentoring. This study proposes shifting from a person-centered to a variable-centered analytical framework, enabling identification of co-occurring mentoring styles—such as mentors who offer both transactional (capital) and psychosocial (core) support (Gowdy et al., 2023)—and supporting broader application across formal and informal contexts. Using data from 450 mentor-mentee pairs in Big Brothers Big Sisters of Metro Atlanta’s Mentoring Toward College program, this study found evidence of core and capital mentoring dimensions within formal relationships. Core mentoring significantly predicted decreased youth distress at 6 months. However, no additional statistically significant associations were found between these mentoring processes and other youth outcomes. Practical implications and future directions are discussed.