AdvisorCensus by AdvisorSEO Max

AdvisorCensus / Financial advisors / Wisconsin / Milwaukee / Blackhawk Capital Partners, LLC

Blackhawk Capital Partners, LLC

Thiensville, WISEC-registered investment adviserCRD 158020

Filed as BLACKHAWK CAPITAL PARTNERS, LLC

Blackhawk Capital Partners, LLC is an SEC-registered investment advisory firm in Thiensville, WI, registered since 2015, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated September 22, 2026.

11 years
registered since 2015
$452,024,625
assets under management
5 arrangements
Percentage of assets, Hourly and more
None
disclosure items (Item 11)

Quick answers

From the filing

How is Blackhawk Capital Partners, LLC compensated?

On its Form ADV (Item 5.E, October 2026), Blackhawk Capital Partners, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); commissions; other.

How much does Blackhawk Capital Partners, LLC charge?

Its Form ADV Part 2A brochure dated March 10, 2026 states: Hourly rate: $250 an hour (Financial planning fees). Fees can differ by service and may be negotiable; the brochure is the complete statement.

Where is Blackhawk Capital Partners, LLC located?

Blackhawk Capital Partners, LLC's principal office is in Thiensville, WI, according to its Form ADV; the October 2026 filing also lists 1 other office (Schedule D, Section 1.F).

Is Blackhawk Capital Partners, LLC registered with the SEC or a state?

Blackhawk Capital Partners, LLC is an SEC-registered investment advisory firm, registered since 2015. Status as filed: Approved. CRD 158020.

How much does Blackhawk Capital Partners, LLC manage?

Blackhawk Capital Partners, LLC reports $452,024,625 in regulatory assets under management in its Form ADV filing dated September 22, 2026 (100% discretionary).

How have Blackhawk Capital Partners, LLC's assets and staff changed since 2021?

In the Form ADV data for Blackhawk Capital Partners, LLC: Regulatory assets under management: $198,942,445 in the October 2021 data and $452,024,625 in the October 2026 data, up 127%. Total employees: 8 in October 2021 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going.

What types of clients does Blackhawk Capital Partners, LLC serve?

By number of clients on Form ADV Item 5.D: high net worth individuals (162); individuals (other than high net worth individuals) (145); corporations or other businesses not listed above (19).

Which custodians does Blackhawk Capital Partners, LLC use?

Blackhawk Capital Partners, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

Does Blackhawk Capital Partners, LLC report any disciplinary disclosures?

Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/158020

Does Blackhawk Capital Partners, LLC state an account minimum?

Its Form ADV Part 2A brochure dated March 10, 2026 says: "Blackhawk does not require a minimum account size."

What changed in Blackhawk Capital Partners, LLC's recent Form ADV filings?

In the October 2026 filing data: Registered or notice-filed in NE.

From the Form ADV filing

Every figure below is as the firm filed it with regulators, as of October 2026.

How the firm is compensated

Item 5.E
  • A percentage of assets under your management
  • Hourly charges
  • Fixed fees (other than subscription fees)
  • Commissions
  • Other

Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ

Fees and minimums

Form ADV Part 2A

Account minimum: None

The brochure's wording
Blackhawk does not require a minimum account size.

Hourly rate: $250 an hour (Financial planning fees)

The brochure's wording
Financial planning fees will be billed at the maximum rate of $250 per hour or a fixed fee mutually agreed upon by the client and Blackhawk.

As stated in the firm's Form ADV Part 2A brochure dated March 10, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site

Regulatory assets under management

Item 5.F
$452,024,625

$452,024,625 as of October 2026, filing dated September 22, 2026.

Discretionary: $450,805,814.Non-discretionary: $1,218,811.

A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means

Who the firm serves

Item 5.D
Individuals (other than high net worth individuals)
Clients 145 Assets $45,364,595 (10%)
High net worth individuals
Clients 162 Assets $354,626,912 (78%)
Banking or thrift institutions
Clients 0 Assets $0 (0%)
Investment companies
Clients 0 Assets $0 (0%)
Business development companies
Clients 0 Assets $0 (0%)
Pooled investment vehicles (other than investment companies and business development companies)
Clients 0 Assets $0 (0%)
Pension and profit sharing plans (but not the plan participants or government pension plans)
Clients 16 Assets $27,163,263 (6%)
Charitable organizations
Clients 0 Assets $0 (0%)
State or municipal government entities (including government pension plans)
Clients 0 Assets $0 (0%)
Other investment advisers
Clients 0 Assets $0 (0%)
Insurance companies
Clients 0 Assets $0 (0%)
Sovereign wealth funds and foreign official institutions
Clients 0 Assets $0 (0%)
Corporations or other businesses not listed above
Clients 19 Assets $24,869,855 (6%)
Other
Clients 0 Assets $0 (0%)

A firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.

Advisory services

Item 5.G
  • Financial planning services
  • Portfolio management for individuals and/or small businesses
  • Pension consulting services
  • Selection of other advisers (including private fund managers)

Registration and firm details

Items 1, 2, 5
Registration
SEC-registered investment adviser. Status as filed: Approved.
Registered since
2015 (11 years)
Employees
Total: 6. Performing investment advisory functions: 6.
Wrap fee program participation
No.
Custodians (Schedule D, Section 5.K(3))

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

Other offices (Schedule D, Section 1.F)
1 other office, as of the October 2026 filing
Scottsdale, AZ
States registered or notice-filed
12 states or jurisdictions
AZCOFLILINMAMNNENYORTXWI

SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration

Disclosures

Item 11

None Reports no disclosure items on Form ADV Item 11. View on IAPD.

Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures

Assets and staff over time

Items 5.A, 5.F
$199M 2021 $227M 2022 $209M 2023 $244M 2024 $336M 2025 $452M 2026
Data periodAssets under managementEmployeesFiling dated
October 2026$452,024,6256September 22, 2026
October 2025$336,418,0398May 7, 2025
October 2024$244,144,7009August 22, 2024
October 2023$208,703,8988September 25, 2023
October 2022$226,547,0018July 21, 2022
October 2021$198,942,4458June 21, 2021

Regulatory assets under management: $198,942,445 in the October 2021 data and $452,024,625 in the October 2026 data, up 127%.

Total employees: 8 in October 2021 and 6 in October 2026.

As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.

Changes in the filing

Last 12 months
  1. October 2026
    • Registered or notice-filed in NE.
  2. July 2026
    • Registered or notice-filed in MN.
  3. April 2026
    • Employees performing advisory functions went from 8 to 6.
    • Regulatory assets under management went from $336,418,039 to $452,024,625 (+34%).
  4. December 2025
    • Registered or notice-filed in MA, NY, OR.

Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.

Websites listed on Form ADV

Item 1.I
blackhawk-capital.com

Source: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."

Cite this page

AdvisorCensus. Blackhawk Capital Partners, LLC (CRD 158020): Form ADV filing data as of October 2026.
https://advisorcensus.com/firm/blackhawk-capital-partners-llc-thiensville-wi-158020